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HAIFA, ISRAEL – Israeli defense contractor Elbit Systems is expected to pay between $500 million and $530 million for weapons manufacturer Israeli Military Industries, according to published reports.

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ARLINGTON, VA -- The US consumer technology industry will reach a record-breaking $351 billion in retail revenue, according to new research from the Consumer Technology Association (CTA).

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NAIROBI, KENYA -- Samsung has decided not to build an assembly plant here after the local government failed to enact rules to restrict cheap electronic imports.

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