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Friday, February 25, 2011

PRESS DIGEST - Wall Street Journal - Feb 25

The following were the top stories in The Wall Street Journal on Friday. Reuters has not verified these stories and does not vouch for their accuracy. * The Pentagon awarded Boeing Co a contract worth more than $30 billion for aerial refueling tankers, closing a chapter in a controversial and tortured bidding contest, but potentially launching a fresh trans-Atlantic political controversy. * Funds sent home from overseas workers account for more than 10 percent of the Philippines' economic output. Now, that lifeline is weakening as the dollar continues to languish. * Venture capitalists are plowing money into companies that help target online advertising, despite public concern about privacy and potential government restrictions.

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