Shares in Spain’s troubled Bankia soared 25.88 percent on Friday as the financial sector staged a dramatic recovery a day after 16 banks were sharply downgraded by Moody’s.

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Spain’s troubled Bankia sees stock soar 25.88%
Shares in Spain’s troubled Bankia soared 25.88 percent on Friday as the financial sector staged a dramatic recovery a day after 16 banks were sharply downgraded by Moody’s.

Continued here:
Spain’s troubled Bankia sees stock soar 25.88%
Your daily look at late-breaking news, upcoming events and the stories that will be talked about today (times EDT):

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10 Things to Know for Friday
A male masseur who accused John Travolta of sexual battery has withdrawn a lawsuit, his lawyer said, as the star’s attorney vowed a similar second legal action would also fail.

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One of two Travolta accusers withdraws lawsuit
Bob Kerrey won the Democratic nomination for Nebraska’s open U.S. Senate seat Tuesday while Republicans decided a tight three-way race that reflected the divisions within the GOP.

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Nebraska GOP chooses Senate challenger for Kerrey
Debt-stricken Greece must prepare for its second elections in less than two months after failing to form a government, exacerbating the eurozone crisis which France and Germany vowed to resolve.

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Debt-stricken Greece forced to hold second election
Asian stocks fell Wednesday after a failure by Greece’s political leaders to form a coalition government set the stage for new elections next month, keeping Europe’s debt crisis centerstage.
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Asia stocks fall amid political turmoil in Greece
Gloria Steinem has joined a new revolution — the e-book revolution.
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‘Revolution,’ 2 other Steinem e-books released
A federal judge cited the confident voice of the late Apple founder Steve Jobs on Tuesday as she refused to toss out lawsuits alleging the company and various publishers conspired to drive up the price of electronic books.
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NY judge: Apple statements damage lawsuit position