BANGALORE (Reuters) - The U.S. copyright office issued exemptions to a copyright law, giving legal protection for people who unlock their smartphones like Apple Inc's iPhone.


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The Google Nexus One smartphone, seen here at its launch in Washington in January, uses the company's Android software. Apple's iPhone will likely dominate the high-end smartphone market in the next five years but faces strong competition from handsets using Google's Android platform, a research firm said Tuesday.(AFP/File/Paul J. Richards)Reuters - The U.S. copyright office issued exemptions to a copyright law, giving legal protection for people who unlock their smartphones like Apple Inc's iPhone.


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BusinessWeek - Wall Street's hottest new product is fear. Pimco, Deutsche Bank , and Citigroup are among firms offering clients protection against "long-tail" risks -- extreme market moves that Wall Street's financial models fail to anticipate. In what Morgan Stanley strategists say is an indication that more investors are seeking insurance against financial turbulence, they estimate there was as much as a fivefold increase last quarter in trading of credit derivatives that speculate on market volatility.
Reuters - Morgan Stanley , Citigroup and JPMorgan Chase were among banks that sold Goldman Sachs protection against the risk of a collapse of giant insurer American International Group , a source familiar with the matter said on Friday.
WASHINGTON (Reuters) - Morgan Stanley , Citigroup and JPMorgan Chase were among banks that sold Goldman Sachs protection against the risk of a collapse of giant insurer American International Group , a source familiar with the matter said on Friday.


AP - Federal researchers studying a natural gas drilling technique that involves blasting chemical-laced water into the ground got an earful from residents who say it's poisoning them and killing their animals and from industry experts who say it's being unfairly demonized.
AP - Hundreds of people are expected to attend a U.S. Environmental Protection Agency hearing in southwestern Pennsylvania on a controversial natural gas drilling technique called hydraulic fracturing, or "fracking."
WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Wednesday that Elizabeth Warren has the credentials needed to head the new Bureau of Consumer Protection set up as part of a landmark financial reform overhaul.


In this April 23, 2010 photo, workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa., in Bradford County. So vast is the wealth of natural gas locked into dense rock deep beneath Pennsylvania, New York, West Virginia and Ohio that some geologists estimate it's enough to supply the entire East Coast for 50 years. But freeing it requires a powerful drilling process called hydraulic fracturing or 'fracking,'using millions of gallons of water brewed with toxic chemicals that some fear threaten to pollute water above and below ground, deplete aquifers and perhaps endanger human health and the environment. (AP Photo/Ralph Wilson)AP - So vast is the wealth of natural gas locked into dense rock deep beneath Pennsylvania, New York, West Virginia and Ohio that some geologists estimate it's enough to supply the entire East Coast for 50 years.


AP - Two lawmakers in Congress are prodding the Federal Reserve to provide more protection so that credit card users don't get socked by exorbitant interest rates when they fall behind on their payments.