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The bad news for Nokia Corporation (NOK) right now is that its earnings are near all-time lows, and it has lost its position as the number one mobile phone manufacturer in the world. The end result is that its stock price is down by almost 66% from its 52-week high. The good news is that Nokia’s stock began to rally near the end of July, and this rally will kick in again in the very…………… continues on Seeking Alpha

In Brief boils down complex events to give you the heart of the matter — today and what it means for tomorrow — clearly and simply.

If you’ve ever used a cell phone, the ongoing debate between the medical community and public opinion may have you worried you’re pointing a loaded weapon at your brain every time you make a call.

Information from the medical and scientific community is contradictory on the matter. Some studies say there is a link, others don’t, and the back-and-forth does little to address the concerns of millions of mobile phone users.

In lieu of definitive data, courts are stepping in to offer their own conclusions, adding yet another wrinkle to an already tangled debate.

What Happened: Just last week, Italy’s top court found a “causal link” between a businessman’s cell phone use and his brain cancer.

The Italian Supreme Court ruled in favor of 60-year-old businessman Innocente Marcolini,…………… continues on Mobiledia

Palm Pixi Plus Verizon Only Cell Phone with WebOS, Touch Screen, 2 MP Camera and Wi-Fi – Black
The Palm Pixi Plus weighs 3.26 ounces and measures 4.37 x 2.17 x 0.43 inches. Its 1150 mAh lithium-ion battery is rated at up to 5…

LG Xenon GR500 Unlocked Phone with QWERTY Keyboard, 2MP Camera, GPS and Touch Screen (Blue)
LG Xenon Smartphone with QWERTY Keyboard: Do you like the sleek style of touch screen phones but aren’t completely sold on their f…

By Michael Heath – 2012-07-03T04:31:03Z

Australia’s central bank kept interest rates unchanged after cuts in the previous two months as domestic employment strengthens and the local currency’s biggest gain in eight months helps contain inflation.

Governor Glenn Stevens and his board left the overnight cash-rate target at a 2 1/2-year low of 3.5 percent, the Reserve Bank of Australia said in a statement in Sydney. The decision was predicted by all 28 economists surveyed by Bloomberg News.

Australia recorded its best January-to-May period of hiring in five years and a A$ 500 billion ($ 513 billion) investment pipeline is driving growth in some regions, even as export prices have slumped. Stevens, who cut rates by a total of 75 basis points in May and June, held after European Union leaders agreed last week on measures to help Italy and

MOSCOW (Reuters) – It took Lyudmila Alexeyeva just over four years to come to the conclusion that Vladimir Putin wants Russia to be more like the Soviet Union.

When the grandmother of Russia’s human rights movement first met Putin in November 2002, she was impressed by his humility and willingness to listen to activists like herself after less than three years as president.

By the time they met again in December 2006, Putin was riding high and walking with a swagger after on an oil-fuelled economic boom that made him hugely popular in Russia. He was, she said, no longer listening.

“He was a different man, a caricature of himself. I took one look and wanted to leave the room,” said Alexeyeva, who has been challenging the authorities over human rights since the start of the Soviet dissident movement in the 1960s and is still a force to be reckoned with at the age of 84…………… continues on Reuters

SINGAPORE (Reuters) – Brent crude held at $ 120 on Wednesday, after posting steep losses in the previous session, as a cut in global oil consumption forecast by the EIA and an unexpected surge in U.S. crude stocks reinforced fears demand growth may slow.

The cut by the U.S. Energy Information Administration (EIA) followed weak economic numbers from the two top oil consumers – China and the United States – suggesting the global economy may be in more trouble than it appeared. These factors overshadowed concerns of supply disruption from the Middle East.

Brent traded 15 cents higher at $ 120.03 a barrel by 0302 GMT, after settling $ 2.79 lower at its weakest since February 17. The 2.27 percent slide was the biggest one-day…………… continues on Reuters

FAYETTEVILLE, Ark. – Bobby Petrino believed he could win a national championship at Arkansas. He won’t get the chance.

Athletic director Jeff Long fired Petrino on Tuesday night and laid out a stunning laundry list of misdeeds against the man he hired away from the Atlanta Falcons four years ago.

He scathingly dressed down Petrino for hiring his mistress and intentionally misleading him about the secret relationship that was laid bare following their April 1 motorcycle ride together that ended in an accident. He said Petrino missed multiple chances over the past 10 days to come clean about an affair that had crossed the line from infidelity into workplace favoritism.

“He made the decision, a conscious decision, to mislead the public on Tuesday, and in doing so negatively and adversely affected the reputation of the University of Arkansas and our football program,” Long said, choking up at one point as he discussed telling players that their coach was gone. “In short, coach Petrino engaged in a pattern of misleading and manipulative behavior designed to deceive me and members of the athletic staff, both before and after the motorcycle accident.”

The 51-year-old Petrino, a married father of four, maintained an inappropriate relationship with 25-year-old Jessica Dorrell for a “significant” am…………… continues on MiamiHerald.com