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Putin calls for space industry boost (USA Today) - President Vladimir Putin said Russia needs to bolster its once-formidable space industry Thursday, saying it was essential for national security and could yield wider economic benefits for the country, Russian news agencies reported.

N.Y. High Court Affirms Absolute Privilege for Securities Industry's Termination Notices (Law.com) - Employers in the securities industry cannot be sued over the contents of the Form U-5 notices they must file with the National Association of Securities Dealers when terminating employees, New York's high court ruled Thursday. The Court of Appeals decided that the U-5 submissions, which disclose the reasons for termination and are available to regulators and prospective employers, are analogous ...

California Investigates Subprime Mortgage Industry (Update2) (Bloomberg.com) - March 29 (Bloomberg) -- California Attorney General Jerry Brown is investigating the collapsing subprime mortgage industry in the state, the largest U.S. market for high-risk home loans.

Senate war bill gives chemical industry heartburn (Market Watch) - WASHINGTON (MarketWatch) -- The wide-ranging emergency-spending bill passed by the Senate Thursday despite President Bush's veto threats is giving the chemical industry heartburn, thanks to a provision that would prevent the federal government from pre-empting state chemical security laws.

Russian pres: Strengthen space industry (Boston Globe) - President Vladimir Putin said Thursday that Russia must bolster its once-formidable space industry, saying it was essential for national security and could yield wider economic benefits for the country, Russian news agencies reported.

California Investigates Subprime Mortgage Industry (Update1) (Bloomberg.com) - March 29 (Bloomberg) -- California Attorney General Jerry Brown opened an investigation of the subprime mortgage industry, which made the state the largest U.S. market for high-risk home loans.

South Korean Market Advances Led By Steel And Heavy Industry Stocks (Nasdaq) - (RTTNews) - Friday, Seoul stocks were in positive territory as investors garnered steel and heavy industry scrips. The benchmark Korea Composite Stock Price Index or KOSPI was adding 2.34 points or 0.16% to 1453.29.

Beckham wins Sport Industry award (ESPN Soccernet.com) - Beckham wins Sport Industry award by England

Hedge-fund industry assets eclipse $2 trillion, survey finds (Market Watch) - SAN FRANCISCO (MarketWatch) -- Hedge-fund assets jumped 30% to more than $2 trillion in 2006 as institutional investors continued to pour money into the industry, according to a survey released Thursday by publisher HedgeFund Intelligence.

Report: Auto industry decline will hurt Metro Detroit for decades (Detroit News) - Dramatic losses in the domestic auto industry will keep Metro Detroit mired in economic crisis, fueling continued population losses and harsh changes in the job market for at least a decade, according to a bleak forecast issued today.