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WSJ.com: What's News US
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What's News US
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Deal Boosts Li's Standing in U.K.
Tycoon Li Ka-shing's $9.1 billion acquisition of three U.K. power grids from Electricite de France will give him control of about a quarter of the country's power distribution.
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Bernanke's Bottom Line
Last year Ben Bernanke was able to make up for the losses his personal net worth suffered in 2008 thanks, in part, to the stock market recovery he helped bring about.
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U.S. Growth Slows
U.S. economic growth slowed in the second quarter to a 2.4% annual rate. Business investment was strong, but imports were a big drag and consumers contributed less.
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From Tiananmen Square to Possible Buffett Successor
Li Lu, a student leader at Tiananmen Square, founded a hedge fund that has garnered an annualized compound return of 26% since 1998, and is now a leading candidate to run a chunk of Berkshire's $100 billion portfolio.
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Stocks Slide on Growth Concerns
A slowdown in second-quarter economic growth sent U.S. stocks lower, but it wasn't enough to stanch the biggest monthly gain in a year for the market.
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