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You can always count on people’s desire to avoid paying for stuff. That’s why it shouldn’t come as any surprise that Amazon’s Lending Library is such a success. The free perk available to Prime customers who also happen to be Kindle owners launched in November with just 5,000 books available. Since then the library has [...]

SAN FRANCISCO (Reuters) ? California Governor Jerry Brown wants to move forward with building a statewide high-speed rail system seen costing nearly $100 billion, but lawmakers are nervous about approving bonds needed to lock in federal funds to get the project under way. They are gagging at the rail system’s projected cost, which towers above [...]

The Army has been seen as one of the big losers in the Pentagon budget cuts released Thursday. But Army officials say now is the perfect time for the force to recast itself.? Military officials moved quickly Friday to counter the perception that the Army was the big loser in the new Pentagon budget unveiled [...]

Scientists have announced the discovery of a new species of spotted, bottom-dwelling shark near the Galapagos Islands, where astonished researchers saw it from a submersible. The newly named species, Bythaelurus giddingsi, is a kind of catshark. Such animals had never been seen near the famed Eastern Pacific archipelago until researchers descended some 1,600 [...]

Hedge fund portfolio manager Todd Newman, of Needham, Mass., leaves the federal court house after his appearance in connection with an insider trading investigation in Boston, Wednesday, Jan. 18, 2012. Nearly $62 million was earned illegally by hedge funds, financial analysts and a Dell Inc. employee represents “a stunning portrait of organized corruption on a [...]