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L.A. is home to new rush of oil drilling

With oil prices so high, all over Los Angeles people are digging, or restarting, wells. Beverly Hills is one of the city's most fertile fields, producing nearly a million barrels a year.

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At 85, Sumner Redstone is still going strong

Sumner Redstone has done more in the two decades since he turned 65 than most people do in a lifetime.  And the Chairman of CBS and Viacom says he  has no plans to step down.

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Greenspan: Economy 'on the brink' of recession

Former Fed Chairman Alan Greenspan said that the housing market is “nowhere near the bottom” and that the economy is “right on the brink” of slipping into recession.

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McDonald's has a big appetite for China

McDonald’s has found a formula for success in China – but it hasn’t been an easy recipe.  . By CNBC's Wally Griffith.

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A look inside the 'West Point' of capitalism

For 100 years, it's been one of the most influential schools in the world. But what's it really like to go to Harvard Business School? CNBC takes a look in this special report.

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Transcript of CNBC’s Barack Obama interview

Below is the transcript of CNBC's John Harwood's Jan. 7 interview with President-elect Barack Obama.

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Porn industry seeks own stimulus ... package

Seems everyone is lining up for a government handout, but in the case of the porn industry, you may wonder where the hands have been.

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Obama says stimulus proposal could grow

In an interview with CNBC, President-elect Barack Obama said a planned economic stimulus plan could grow beyond $800 billion.

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Marijuana growers thrive in California

The marijuana trade is an exploding industry in Northern California's 'Emerald Triangle' thanks to a state law  legalizing the harvest of limited quantities of pot. CNBC's Trish Regan reports.

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Housing boom was a house of cards

In a special two-hour report, CNBC's David Faber takes an in-depth look at the causes of the ongoing collapse of the housing industry.

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CNBC on the new black overclass

CNBC takes a closer look at 'Newbos' - a new class of black multimillionaires, mostly under the age of 40, who have built wealth and influence in sports, entertainment and media.

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Buffett: The economy has ‘fallen off a cliff’

Billionaire Warren Buffett said unemployment will likely climb a lot higher depending upon how effective the nation’s policies are, but he remains optimistic over the long term.

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Special Report: Cruise Inc.

In today's turbulent economy, the multi-billion dollar cruise industry is investing in pricey overhauls to keep older vessels ship-shape for repeat customers. CNBC reports.

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CNBC Special Report: As Seen On TV

Thirty years ago, the Ginsu knife helped launched the modern-day infomercial – a business that has thrived with the struggling economy. CNBC reports.

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CNBC report: Ultimate Fighting

The sport of mixed martial arts was once too hot to handle. But Ultimate Fighting Championship impresario Dana White turned UFC into a fistfull of dollars.  C NBC reports.

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Battle over wages brews at Wal-Mart

Since its founding , retail giant Wal-Mart has blocked unions from its work force. But a bill before Congress could make that task more difficult. CNBC’s David Faber reports.

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CNBC: GE in talks to spin off NBC Universal

GE is in talks to spin off its NBC Universal unit;  Comcast would hold a 51 percent stake in the new company, according to people familiar with the talks. CNBC’s David Faber reports.

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CNBC: Coke looking for the next real thing

with sales its flagship product flat, the company is scrambling to find the next blockbuster beverage. CNBC Special Report.

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CNBC: Google searches for mobile edge

With more than four billion mobile phones worldwide, and a billion sold in 2008 alone, Google is hard at work on grabbing a big piece of that market. CNBC Special Report.

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CNBC: Two economic bubbles defined his life

Entrepreneur John McAfee's story weaves through not one, but two bubbles that defined the economy as the old millennium ended and the new one began.

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CNBC: Aging boomers face stark economics

The recession, though devastating, will pass.  But rising health care costs as baby boomers age may bring lasting harm to that generation’s financial well-being.

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CNBC special report: One nation, overweight

Reversing an epidemic of childhood obesity will require the combined efforts of families, schools and the food and beverage industries, health advocates say. A CNBC Special Report.

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Video: CNBC: Town hall meeting with Obama

Watch the entire CNBC town hall meeting with President Obama, hosted by John Harwood. (CNBC)

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Critical safety questions at Remington Arms

A ten-month investigation by CNBC has found that at least two dozen deaths and more than 100 injuries have been linked to the Remington Model 700-series rifle .

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How Ford got back on fast track to success

Just four years after Ford Motor Co. lost a staggering $17 billion, CEO Alan Mulally has engineered a revival that brought this auto industry icon back on track. By Phil LeBeau

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Regular investors shut out of GM’s IPO?

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CNBC: Are we running out of chocolate?

With cocoa supply tight prices could soar, CNBC’s Jane Wells reports

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$100 bill's new facelift goes awry

A significant production problem with new high-tech $100 bills has caused government printers to shut down production of the new notes and to quarantine more than one billion of the bills.

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Supermarkets wage war for your dollars

In a typical supermarket, nearly 50,000 products fight for your attention: all those bottles, cans and boxes raising the same battle cry — “take me” — without saying a single word.

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CNBC anchor Mark Haines dead at 65

Veteran journalist Mark Haines, a fixture on CNBC for 22 years, died unexpectedly Tuesday evening. He was 65 years old.

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Facebook looking at IPO in early 2012

Facebook is preparing to file for an initial public offering as early as October or November that could value the popular social networking site at more than $100 billion.

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BMW drives for engineering perfection

BMW says its ultimate goal is to make only  premium vehicles that are fun to drive. But getting there requires a bit of fixation.  By Carl Quintanilla.

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Texas drought could drive up beef prices

Why would a Texas cattle rancher need to keep a shotgun handy? See this video to find out.

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Boeing 787 comes together slowly, then quickly

Pilots from Japan's All Nippon Airways took the controls of Boeing's first 787 jet Tuesday. A CNBC special explores the project's long, tortured history. See a video preview.

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CNBC special report: The coffee addiction

Today coffee is something more than a drink — fancier, tastier, pricier. It's a magic elixir that satisfies our collective craving and our addiction to caffeine. By CNBC's Scott Wapner.

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Car nuts bring fantasy to life with NYC club

When was the last time you heard anyone talk about how much they love their job?   CNBC takes a look at the best jobs ever, like two guys in New York who buy cool cars for a living.

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Tiger Woods and his new endorsement strategy

Tiger Woods, who has been in a two-year slump on and off the course, says his golf game is getting better. Can he win back some big corporate sponsors?

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In Geek Squad City, dead PCs come to life

It's called Geek Squad city: a 240,000 square-foot warehouse where up to  4,000 broken laptops, smart phones and tablets get a chance for a second life. 

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The business argument in favor of gay marriage

Washington state may soon join Connecticut, Iowa, Massachusetts, New Hampshire, New York, Vermont and the District of Columbia as a state with legal gay marriage. Microsoft and other businesses...

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Simple, off-beat ideas that made millions

Have you ever seen a product or business and thought, “Why didn’t I think of that?” While people daydream every day about striking it rich, only some have been lucky enough to come up with a...

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