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Louis Vuitton Paying $3M Less for Cup Sponsorship

Louis Vuitton is paying the America's Cup $3 million less than originally agreed to sponsor the challenger trials for sailing's marquee regatta because only three teams are entered.

America's Cup CEO Stephen Barclay said Friday that the contract was amended in April when it became clear how few teams would make it to the starting line. Louis Vuitton would have paid the full amount originally contracted if at least five challengers entered.

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Astronomers Find Blue Planet Outside Solar System

Astronomers have for the first time managed to determine the color of a planet outside our solar system, a blue gas giant 63 light-years away.

Using the Hubble Space Telescope, an international team said the planet known as HD 189733B would look like a deep blue dot if viewed up close.

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Argentines Asked to Eat Fewer Tomatoes

Argentines are seeing red after being asked to eat fewer tomatoes.

The government asked consumers Friday to try to stay away from the beloved food for at least two months because of an expected shortage caused by seasonal reasons including crop rotations.

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AT&T to Buy Leap Wireless for about $1.2 Billion

AT&T Inc. said Friday that it has agreed to acquire Leap Wireless International Inc., the pre-paid cellphone carrier that operates under the Cricket brand, for about $1.19 billion in cash, or $15 a share.

The purchase gives America's No. 2 cellphone carrier a leg-up in serving customers who prefer not to have lengthy contracts. Leap's Cricket service has 5 million subscribers who pay monthly without a contract. The deal also gives AT&T the right to use Leap's unused airwaves — also known as spectrum — to expand its network.

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Madrid Signs Midfielder Illarramendi from Sociedad

Real Madrid signed holding midfielder Asier Illarramendi from Real Sociedad on Friday as it intensified its efforts to capture Spain's latest generation of talent.

Sociedad club president Jokin Aperribay said Madrid paid Illarramendi's buyout clause worth 32 million euros ($42 million) plus another 6 million euros ($8 million) in taxes to secure his release.

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Spread of DNA Databases Sparks Ethical Concerns

You can ditch your computer and leave your cellphone at home, but you can't escape your DNA.

It belongs uniquely to you — and, increasingly, to the authorities.

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Report: Krauss-Maffei-Wegmann to Lose Saudi Arms Contract

German defense technology group Krauss-Maffei-Wegmann is about to lose a contract worth at least 5.0 billion euros from Saudi Arabia, the daily Handelsblatt reported on Friday.

The Saudis are losing patience over Berlin's foot-dragging on a deal, worth $6.5 billion, to deliver 270 Leopard combat tanks, which is the subject of fierce controversy in Germany, the newspaper said.

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Juventus Signs Ogbonna on 5-Year Deal from Torino

Juventus has completed the signing of Italy defender Angelo Ogbonna from city rivals Torino.

Ogbonna put pen to paper on a five-year deal on Thursday, tying him to the Serie A champion until 2018.

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Devils Star Ilya Kovalchuk Retires from NHL

Superstar forward Ilya Kovalchuk stunned the New Jersey Devils by retiring from the NHL on Thursday to return home to Russia.

In leaving, the 30-year-old Kovalchuk walked from $77 million left on the 15-year contract that he signed with New Jersey, including guaranteed annual salaries of at least $11 million over the next four seasons.

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Hamstring Injury Ends Rooney's Asian Tour

Manchester United expects striker Wayne Rooney to be sidelined for a month after injuring his hamstring in a training session ahead of a friendly against a Thailand All Stars team in Bangkok.

Rooney flew back to England in the early hours of Friday morning, having been in Thailand less than 24 hours.

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