Vladimir Putin was sworn in Monday as president of Russia, his third term. Putin has ruled Russia since 2000, first as president and then during the past four years as prime minister. His new, six-year term keeps Putin in power until 2018. He also has an option to run for a fourth term.
Micron Technology ( MU) won the right to negotiate exclusively to buy Elpida Memory after offering more than 200 billion yen ($2.5 billion) for the bankrupt Japanese chipmaker, Reuters reported, citing a source with direct knowledge of the deal.
DigitalGlobe ( DGI) on Sunday rejected a $792 million takeover offer from satellite imagery rival GeoEye ( GEOY), saying the hostile bid undervalued the company
The Avengers made $200.3 million domestically in its debut, setting a new record. The movie, distributed by Walt Disney ( DIS), breaks the previous record of $169.2 million for the debut of last year's Harry Potter finale.
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