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The Washington PostSunday, February 26, 2012
TODAY'S HEADLINES
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Business
BP trial in Gulf of Mexico oil spill set to begin

With settlement talks grinding on, the trial of BP over its culpability for the massive 2010 oil spill in the Gulf of Mexico looks set to begin Monday in a New Orleans courtroom — and two nearby overflow rooms — packed with lawyers, public relations specialists, reporters and other observers.

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(Steven Mufson)

Marc Lasry of Avenue Capital sees opportunity in Europe's distressed assets

Avenue Capital Group founder Marc Lasry and Bruce Grossman, his senior manager of investment, were on a private jet returning to New York from Harrisburg, Pa., in 2005 when they felt the plane's cabin suddenly heat up.

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(Gillian Wee)

Getting to the bottom of bank overdraft fees

Bank overdraft fees drive me crazy. It's just wasted money. Sure, overdraft protection is a good backup for the times you miscalculate, but sometimes the fees run into the hundreds of dollars a month and are the most burdensome on the people least able to afford them.

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(Michelle Singletary)

More Business

Economy
Iran elections underscore split between leaders, middle class

TEHRAN — More than two years after massive anti-government protests over a disputed election exposed a rift between Iran's leaders and its urban middle class, their diverging worlds are again set to collide in an upcoming vote for a new parliament.

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(Thomas Erdbrink)

Mitt Romney's budget in about 150 words

Let's try to make this as simple as possible. Money comes into the federal government through taxes and bonds. The vast majority of it is then spent on old-people programs, poor-people programs, and defense.

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(Ezra Klein)

Americans say they want smaller homes. So why do they keep buying bigger ones?

Real-estate experts keep predicting that the McMansion era in the United States is over, now that the housing bubble has burst. Americans, they say, will be more cost-conscious and buy smaller homes. And yet the new homes that were actually sold last year were bigger than ever. So what gives?

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(Brad Plumer)

How Google can predict your flu-related hospital visit

Four years ago, Google launched Google Flu Trends, which estimates the prevalence of flu outbreaks based on how many people are searching for things like "fever" or "flu medication." The search metrics have tracked incredibly closely with Center for Disease Control data (as you can see above). And that, Adam Cole reports, has public health researchers thinking they may have a powerful new tool on their hands:

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(Sarah Kliff)

More Economy


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