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    Dow Jones Closes Above 15,000 For First Time

    The Dow Jones Industrial Average closed above 15,000 on Tuesday for the first time in its history.

    The Wall Street Journal reports:

    "The Dow's push above 15000 comes as investors' confidence in the economic recovery grows. While earnings reports have been lackluster in recent weeks, a strong report on U.S. hiring last Friday helped dispel worries about a slowdown in the economic recovery like the ones the U.S. has suffered in recent spring seasons.

    "'Investors have played the worry game, and those that have sat on the sidelines in cash are starting to question that, because this has been a pretty resilient market,' said Sean Lynch, global investment strategist at Wells Fargo Private Bank, which oversees about $170 billion in assets."

    So far this year, reports CNBC, the Dow has surged 14 percent. The S&P isn't far behind, climbing 13 percent.

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    Art Beat With Lauren Landau, April 23

    You can liven up your step with some funky, reggae music or dance like you’re the only person riding the Metro.

    NPR

    Fast-Food CEOs Earn Supersize Salaries; Workers Earn Small Potatoes

    A new report finds that the average compensation of fast-food CEOs has quadrupled since 2000. By comparison, worker wages have increased less than 1 percent.
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    McDonnell Legal Defense Fund Has Raised $150,000 This Year

    The legal defense fund for Bob and Maureen McDonnell has raised nearly $150,000 during the first quarter this year, including several thousand from former GOP presidential nominee Mitt Romney.

    NPR

    The Price War Over The Cloud Has High Stakes For The Internet

    Amazon, Google, Microsoft and others are competing to be the main landlords of the cloud. Their terms and prices could control who gets to build what on the Internet, and for how much.

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