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Insurers are facing a £30 million payout after the earthquake that shook large parts of Britain in the early hours. read more »

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* Bloomberg reports that Skype fired several high-ranking executives -- including vice presidents David Gurle, Christopher Dean, Russ Shaw,
and Don Albert -- suggesting the Internet calling company may have done
so to avoid even pricier employee payouts once the Microsoft acquisition
deal goes through. (Bloomberg)

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