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In the News; May 12, 2008

A 7.8-magnitude earthquake hit central China . According to reports the quake has killed more than 8,500 people, trapping nearly 900 students under the rubble of their school and spilling ammonia from a chemical plant, state media reported.

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A new BlackBerry is coming soon. The Bold, a high-end model that further demonstrates the company's desire to make tools for both work and play. The Bold, or 9000, has twice the screen resolution of the current Curve model, making for a very sharp display. It matches the resolution, but not the size, of the screen on Apple Inc.'s iPhone, which has emerged as a potent competitor in the "smart phone" category.


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An East Carolina University biologist has discovered a new species of spider and has named it after his favorite musician, Neil Young. It's official name is Myrmekiaphila neilyoungi.


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Veterans are costing more despite the decline in total vets — as soldiers from World War II and Korea die. Because of worse wounds and more disabilities, vets aware of the benefits and quick to file for them. Troops are coming home with injuries that might well have killed them in earlier wars. The government expects to be spending $59 billion a year to compensate injured warriors in 25 years, up from today's $29 billion, according to internal documents obtained by The Associated Press. ed in physical therapy wait for..

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Gas prices hit 5th straight record. The price for a gallon of gas sets a new record high at $3.718, according to AAA. Retail gasoline prices increased for the sixth straight day and hit their fifth consecutive record, according to the AAA's Web site .

The national average price for a gallon of regular unleaded gasoline rose to a new all-time high of $3.718, up 1 and one-tenth of a cent from the previous day.

Drivers now pay 21% more for a gallon of gas than they did a year ago, when a gallon of gas cost on average $3.064, according to AAA. Consumers have been pinched at the pump as the price of a barrel of crude oil has doubled in the past year.


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