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Obama reverses Bush-era stem cell policy
Federal funding ban on stem cell research lifted
Obama signed an executive order in a major reversal of US policy, pledging to "vigorously support" new research.
Drugmakers unite in $41.1 billion deal
Merck, Schering-Lough deal gives companies more firepower in a competitive industry.
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AIG rescued by the US Federal Reserve
The US Federal Reserve has announced an $85bn (£48bn) rescue package for AIG.
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