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Lockheed, Austal split U.S. Navy ship deal

WASHINGTON (Reuters) – Lockheed Martin Corp and the U.S. unit of Australia’s Austal Ltd won on Wednesday U.S. Navy contracts potentially worth more than $3.5 billion each to design and build up to a combined total of 20 coastal combat ships through 2015. Read the full story at Reuters
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Obama makes 6 recess appointments

Taking time out from his Hawaiian vacation to assert some executive authority, President Barack Obama on Wednesday used a series of recess appointments to override Republican objections to several nominees. Read the full story on CNN
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Obama move toward center a wise one?

After some message misfires after the midterms, President Obama changed tactics. If the past few weeks have shown anything, it’s that he knows how to rebound. FULL STORY | 2010 SCENES Read the full story on CNN
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Obama to install deputy attorney general

WASHINGTON (Reuters) – President Barack Obama plans to install James Cole as the deputy attorney general, the No. 2 position at the Justice Department, after Senate Republican objections stalled his nomination, the White House said on Wednesday. Read the full story at Reuters
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Are we ready for the Oprah Network?

The Oprah Winfrey Network launching Saturday is wary of promising too much of a good thing — Winfrey herself. In stoking interest in the cable channel, the goal is to exploit Winfrey’s popularity while emphasizing that OWN won’t be all Oprah, all the time. “We really don’t want to be a niche brand. We want to be a mainstream cable” network with appeal beyond Winfrey’s fan base, said Darren Schillace, vice president of consumer marketing for OWN. “Phase one” of the marketing effort aims to “manage expectations that it’s not 24/7 Oprah on the network,” Schillace said, with Winfrey committed
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Movie box office down for year

Domestic box-office revenues for 2010 won’t quite hit last year’s record-setting haul, but they’ll be awfully close. Total movie-ticket sales will reach $10.556 billion, the tracking agency Hollywood.com said Tuesday. That’s a slight decrease from the $10.6 billion total from 2009, but it’s also only the second time that the annual box office has crossed the $10 billion mark. At the same time, total attendance was down 5.36 percent from last year. That’s the biggest percentage drop year over year since 2005. This will also be the second-lowest attended year of the decade. It looked as if 2010 might have
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