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Warren Buffett to pay $1 billion to anyone with perfect March Madness bracket

Mortgage lender Quicken Loans is teaming up with Warren Buffett and Berkshire Hathaway to offer a chance at a $1 billion prize for completing a perfect NCAA Tournament bracket.

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Winter storm grips Northeast, brings chill locally

A fast-moving Arctic cold front forecast to dump up to a foot of snow on the East Coast of the United States on Tuesday shut down state and federal governments, closed schools and snarled air travel in its path. The cooler temperatures will dip all the way down into the southern states.

AOL surrenders control of troubled local Patch websites

AOL is handing majority ownership of Patch, a money-hemorrhaging network of local news websites, to New York investment firm and turnaround specialist Hale Global, the companies announced on Wednesday.

J.C. Penney to close 33 stores, cut 2,000 jobs

J.C. Penney said on Wednesday it will close 33 underperforming stores and cut 2,000 jobs as part of its turnaround.

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E! apologizes for embarassing 'fun fact' about Michael J. Fox and Parkinson's

E! opened itself up for derision when it offered the following information about Michael J. Fox in its Golden Globes red carpet coverage, calling it a "fun fact":

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Japanese company to buy maker of Jim Beam for $13.6 billion cash

Suntory Holdings on Monday said it would buy U.S. spirits company Beam Inc for $13.6 billion cash in a deal that would make the Japanese company the world's third-largest spirits maker.

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Hollywood kicks off 2014 awards season with Golden Globes

The film "12 Years a Slave" took the coveted Golden Globe for best drama and "American Hustle" won best musical or comedy on Sunday in a kick-off to the Hollywood awards season that foreshadows a wide scattering of honors for a year crowded with high-quality movies.

GM recalling 370,000 pickups for fire risk

General Motors said on Friday it was recalling about 370,000 of its redesigned full-size Chevrolet Silverado and GMC Sierra pickup trucks globally to reprogram software that could cause parts of the exhaust to overheat and lead to fire.

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Individuality blossoms on Golden Globes red carpet

Bold reds, shimmering metallics and vibrant floral hues blossomed on the Golden Globes red carpet on Sunday, as the world's biggest stars shirked trends in favor of individual statements on one of the most watched Hollywood runways.

Gasoline prices highest since October

The average price for a gallon of gasoline in the United States rose to its highest level since mid-October, according to the Lundberg survey released on Sunday.

U.S. job growth weakest in three years

U.S. employers hired the fewest workers in almost three years in December, but the setback was likely to be temporary amid signs that cold weather conditions might have had an impact.

Target says data breach affected up to 70 million customers

Target said a massive payment card data breach that occurred during the first three weeks of the holiday shopping season affected up to 70 million people, far more than previously estimated.

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Dennis Rodman, in trouble over interview, blames drink

Retired basketball star Dennis Rodman said in a published statement on Thursday that he had been drinking when he suggested that an American jailed by North Korea was himself to blame for landing in prison.

New Jersey Governor Chris Christie fires aide amid latest scandal

New Jersey Governor Chris Christie on Thursday fired a top aide at the center of a brewing scandal that public officials orchestrated a massive traffic snarl on the busy George Washington Bridge to settle a political score.

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Georgia man among 6 dead in record freeze

A deadly blast of arctic air shattered decades-old temperature records as it enveloped the eastern United States on Tuesday, canceling thousands of flights, driving energy prices higher and overwhelming shelters for homeless people.