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  • In India, 600 million people lost power this morning. It's the second major blackout there in just two days.

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  • Today blackouts in northern India spread to the eastern states, affecting half of the country's 1.2 billion people. Many office buildings are running on generators; More than a hundred trains were stranded in the summertime heat.

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  • Endorsements aren’t the only financial payoff for successful Olympic athletes. There’s a well-worn path from the podium to Wall Street jobs.

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  • The lending market for vehicle loans has softened, helping to drive car sales. Some lenders are even courting subprime borrowers.

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  • The peacock network has turned its mildly irritating coverage of the Olympics into a certifiable debacle. It's an old page in the Wall Street playbook.

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  • Commentator Mark Bittman says industrial meat production accounts for at least one-fifth of greenhouse gas emissions.

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  • Lawyers from the two biggest smartphone producers in the world will be in federal court in San Jose, Calif., today. Samsung is being sued by Apple for more than $2 billion in damages, as well as an injunction to stop the sale of Samsung's smartphones and tablets. And we are now 99 days away from the election. One of the key themes of the campaign up to this point has been income inequality, but President Obama's former top economic adviser Larry Summers says that's not the debate we should be having. Instead, we should focus on inequality of opportunity.

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  • To Europe, where economic sentiment is at a three year low, according to new figures out today. Though global markets seem to be putting that aside and focusing instead on a statement that came last week from the head of the European Central Bank.

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  • The Federal Reserve meets again this week, and the buzz is that Chairman Ben Bernanke could be considering some "new tools," for stimulating growth — perhaps using interest rates to encourage banks to take some risks with their money.

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  • Jul 27, 2012

    The daily grind

    Workers of all types talk about the challenges of doing their jobs successfully.

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