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1796: A landmark in medical history today when Edward Jenner makes the first smallpox vaccination in 1796. By infecting a boy with cowpox (a much less dangerous infection) he was able to make him immune to the more dangerous and disfiguring smallpox.

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Clear Channel parties have deal in principle
Wednesday, May 14, 2008 - 06:34 AM - 0 minutes ago - Business - Reuters Business
NEW YORK (Reuters) - The dispute over financing the leveraged buyout of U.S. radio operator Clear Channel Communications Inc. ended late Tuesday as the parties reached an agreement to settle the litigation and struck a new deal at a lower price of $17.9 billion (9.2 billion pounds).

BHP Billiton shares hit record
Wednesday, May 14, 2008 - 05:22 AM - 18 minutes ago - Business - Reuters Business
SYDNEY (Reuters) - Shares in miner BHP Billiton rose 6 percent to a record high on Wednesday, with dealers citing talk that a Chinese entity, possibly aluminium group Chinalco, was looking to buy a stake.

FTSE weighed down by gloomy data
Wednesday, May 14, 2008 - 04:59 AM - 41 minutes ago - Business - Reuters Business
LONDON (Reuters) - Blue-chip shares ended Tuesday's session in modestly negative territory, as grim economic data and writedowns at Alliance & Leicester hit banks, while fresh merger chatter buoyed the mining sector.

BHP could add cash to Rio bid
Wednesday, May 14, 2008 - 04:42 AM - 57 minutes ago - Business - Reuters Business
SYDNEY (Reuters) - BHP Billiton was not ruling out adding cash to its all-share hostile offer for rival Rio Tinto , Chief Executive Marius Kloppers told broadcaster CNBC.

E-Land in talk to sell stores to Tesco South Korea unit
Wednesday, May 14, 2008 - 02:25 AM - 3 hours, 15 minutes ago - Business - Reuters Business
SEOUL (Reuters) - Unlisted South Korean retailer E-Land on Wednesday said it was in talks to sell 35 discount stores to Tesco's South Korean unit.

Tesco Korea to buy stores for 1.13 billion
Wednesday, May 14, 2008 - 01:46 AM - 3 hours, 54 minutes ago - Business - Reuters Business
SEOUL (Reuters) - Tesco's South Korean unit will buy 35 discount stores from smaller local rival E-Land Ltd for 1.13 billion pounds, Yonhap News reported on Wednesday.

Lonmin offloads pension risk to Paternoster
Wednesday, May 14, 2008 - 01:26 AM - 4 hours, 14 minutes ago - Business - Reuters Business
LONDON (Reuters) - Miner Lonmin has struck a deal to offload its pension risk to specialist firm Paternoster, joining a growing number of blue-chip firms opting for pension buy-outs to cut exposure to investment and longevity risks.

Brown to reveal housing market plan
Wednesday, May 14, 2008 - 01:19 AM - 4 hours, 21 minutes ago - Business - Reuters Business
LONDON (Reuters) - Prime Minister Gordon Brown will set out plans on Wednesday to shore up the creaking housing market as part of a drive to reverse a slide in support for his government.

HP to buy EDS for $12.6 billion in challenge to IBM
Wednesday, May 14, 2008 - 12:34 AM - 5 hours, 6 minutes ago - Business - Reuters Business
NEW YORK (Reuters) - Hewlett-Packard plans to buy technology outsourcing company Electronic Data Systems to better compete against IBM , but Wall Street questioned whether the $12.6 billion (6.5 billion pound) deal for a slow-growing company was overpriced.

Craigslist sues eBay and alleges corporate spy plan
Tuesday, May 13, 2008 - 11:02 PM - 6 hours, 38 minutes ago - Business - Reuters Business
SAN FRANCISCO (Reuters) - Online classifieds leader Craigslist.com filed a countersuit on Tuesday against business rival eBay , alleging eBay had used its minority stake in Craigslist to steal corporate trade secrets.