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Wall Street Week Ahead: Spring fever brings hope for U.S. earnings

Traders gather at the booth that trades Abbott Laboratories on the floor of the New York Stock Exchange By Chuck Mikolajczak NEW YORK (Reuters) - Earnings season shifts into high gear next week, and with nearly one-third of S&P 500 names set to post results, investors hope the news provides a catalyst to buy stocks and leave the market's recent weakness in the dust. Several behemoths, including Apple, the largest U.S. company by market value, as well as Microsoft, McDonald's and AT&T , are due to report earnings. They'll be accompanied by highfliers like Netflix and Facebook, giving the first real cross-section of the state of corporate America as temperatures rise across the country and investors hope to put the cold weather behind them. Strategists will also be looking for clues on how badly China's slowdown hits U.S. corporate results.


Wal-Mart jumps into the money transfer biz, loudly

NEW YORK (AP) — Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business.

Milk Music, Free Radio Service by Samsung: 3 Things You Need to Know

Milk Music, Free Radio Service by Samsung: 3 Things You Need to Know Milk Music™ is a new, fully customizable, free and ad-free music radio service with an intuitive user interface that offers more than 200 stations.   Although this is a pretty solid description of Samsung's free …


In a cloning first, scientists create stem cells from adults

A handout picture shows the process by which scientists created patient-specific stem cell lines out of the skin cells of two adult men.  REUTERS/Robert Lanza/Advanced Cell Technology/Handout By Sharon Begley NEW YORK (Reuters) - Scientists have moved a step closer to the goal of creating stem cells perfectly matched to a patient's DNA in order to treat diseases, they announced on Thursday, creating patient-specific cell lines out of the skin cells of two adult men. The advance, described online in the journal Cell Stem Cell, is the first time researchers have achieved "therapeutic cloning" of adults. Technically called somatic-cell nuclear transfer, therapeutic cloning means producing embryonic cells genetically identical to a donor, usually for the purpose of using those cells to treat disease. But nuclear transfer is also the first step in reproductive cloning, or producing a genetic duplicate of someone - a technique that has sparked controversy since the 1997 announcement that it was used to create Dolly, the clone of a ewe.


Judge wants Detroit mayor to back bankruptcy plan

FILE- In this Jan. 16, 2013 file photo, Michigan Gov. Rick Snyder delivers his third annual State of the State address to a joint session of the state Legislature in the Capitol in Lansing, Mich. The city of Detroit reached tentative agreements to preserve pensions for retired police office and firefighters but cut monthly payments for other former employees, officials said Tuesday, April 15, 2014. (AP Photo/Carlos Osorio, File) DETROIT (AP) — Looking years ahead, the judge overseeing Detroit's bankruptcy said Thursday he wants assurances from the mayor and other elected leaders that they'll follow a final plan that likely cuts pensions, sheds debt and plows millions into better services.


Retailer Michaels Stores confirms payment card data breach

A Michaels arts and crafts store is seen in San Diego, California (Reuters) - Michaels Stores Inc, the biggest U.S. arts and crafts retailer, on Thursday confirmed that there was a security breach at certain systems that process payment cards at its U.S. stores and that of its unit, Aaron Brothers. The company said in January that it was working with federal law enforcement officials to investigate a possible data breach. Michaels Stores said the breach, which took place between May 8, 2013 and January 27, 2014, may have affected about 2.6 million cards, or about 7 percent of payment cards used at its stores during the period. There was no evidence that data such as customers' name or personal identification number were at risk, Michaels Stores said in a statement.


US stock market ends higher as earnings pour in

FILE - In this Friday, April 11, 2014 file photo, trader Anthony Carannante, left, works on the floor of the New York Stock Exchange. Major U.S. stock indexes rose in afternoon trading Thursday, April 17, 2014, as investors reacted to quarterly results from a batch of U.S, companies. Google, IBM and insurer UnitedHealth were among the biggest decliners, while General Electric and Morgan Stanley were among the largest gainers. (AP Photo/Richard Drew, File) Corporate earnings pushed U.S. stocks mostly higher on Thursday, but it wasn't an easy ride up.


Apache CEO, Vermont activist build alliance on climate issues

Apache Corp Chairman and CEO Farris speaks during the CERAWeek energy conference in Houston By Ross Kerber NEW YORK (Reuters) - Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist. As other energy firms battled climate change and anti-pollution activists in recent years, the Apache Corp chief executive instead built an alliance with Steven Heim, managing director of Boston Common Asset Management, one of the better-known socially responsible investment firms. These draw representatives from mainstream investment firms like T. Rowe Price, Gabelli & Co and Morgan Stanley & Co. "What I've been trying to do is to elevate the level of understanding of issues by the investors, not just the executives," Heim said. Others have taken notice as climate change becomes more of a business concern.


Wikipedia beats Google in helping researchers track flu season

A flu vaccine rests on a table with a bandage during the Flu + You clinic sponsored by the National Council on Aging and Sanofi Pasteur on Friday, September, 6, 2013 at the Williams YMCA in Jacksonville, Fl. The goal of the Flu + You program is to educate older adults about influenza and prevention as well as provide vaccines. (Rick Wilson/AP Images for Flu + You) By monitoring the number of times people look for flu information on Wikipedia, researchers may be better able to estimate the severity of a flu season, according to a new study. Researchers created a new data-analysis system that looks at visits to Wikipedia articles, and found the system was able to estimate flu levels in the United States up to two weeks sooner than the flu data from the Centers for Disease Control and Prevention were released. The new system examined visits to Wikipedia articles that included terms related to flulike illnesses, whereas Google Flu Trends looks at searches typed into Google. The research team wanted to use a database that is accessible to everyone and create a system that could be more accurate than Google Flu Trends, which has flaws.


Ford, IBM to face renewed U.S. lawsuit over apartheid-era abuses

A Ford logo is seen on the grill of a 2015 F-150 truck outside the New York Stock Exchange in the Manhattan borough of New York By Jonathan Stempel NEW YORK (Reuters) - Ford Motor Co and IBM Corp will again have to face a U.S. lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue such cases. Reviving a 12-year-old lawsuit, U.S. District Judge Shira Scheindlin in Manhattan accepted an argument from a group of plaintiffs that corporations may be held liable under a 1789 law, the Alien Tort Statute (ATS), that lets non-U.S. citizens pursue some cases in U.S. courts over alleged violations of international law.


Disney CFO projects operating income growth at cable networks

The signage at the main gate of The Walt Disney Co. is pictured in Burbank LOS ANGELES (Reuters) - Walt Disney Co's cable networks are expected to record high single-digit growth in operating income and domestic affiliate revenue from fiscal 2014 through 2016, Chief Financial Officer Jay Rasulo told investors on Thursday. "We feel very good about the long-term growth of our cable business," Rasulo said at a meeting for investors at its ESPN headquarters in Bristol, Connecticut. (Reporting by Lisa Richwine; Edited by Ronald Grover and Andre Grenon)


Aereo CEO speaks on future of company, industry

In this Wednesday, March 26, 2014 photo, Chet Kanojia, the founder and CEO of Aereo, speaks during an interview with The Associated Press, in New York. The future of Aereo, an online service that provides over-the-air TV channels, hinges on a battle with broadcasters that goes before the U.S. Supreme Court in late April 2014. (AP Photo/Mark Lennihan) NEW YORK (AP) — The future of Aereo, an online service that provides over-the-air TV channels, hinges on a battle with broadcasters that goes before the U.S. Supreme Court next week.


Exclusive: GM says recalled cars safe, but has not tested for knee-bump danger

General Motors CEO Mary Barra appears onstage during a launch event for new Chevrolet cars before the New York Auto Show in New York By Julia Edwards and Eric Beech WASHINGTON (Reuters) - General Motors says that cars being recalled because of faulty ignition switches can be driven safely before repairs, based on more than 80 tests, but the automaker has not addressed a problem long known to potentially shut off the engine: a simple bump from a driver's knee. Safety advocates and engineers say the lack of testing for this factor undermines GM's claims that the cars are safe. As early as 2004, GM engineers complained that the ignition switch could be turned off if the key was bumped by a knee. A Texas judge on Thursday allowed the unrepaired cars to stay on the road, over the objection of safety advocates and plaintiffs lawyers who said there is no way, short of repairs, to ensure the ignition switch would not slip out of the run position, turning off the motor and disabling power steering, power brakes and airbags.


Muscle cars out in force at New York auto show

The 2015 Dodge Challenger is introduced at the New York International Auto Show in New York, Thursday, April 17, 2014. (AP Photo/Seth Wenig) NEW YORK (AP) — Who says America has lost its muscle?


Ex-Goldman director Gupta starts prison term on June 17

Rajat Gupta departs Manhattan Federal Court after being sentenced in New York By Jonathan Stempel NEW YORK (Reuters) - Former Goldman Sachs Group Inc director Rajat Gupta is expected to begin his two-year prison term on June 17 for insider trading. U.S. District Judge Jed Rakoff in Manhattan directed Gupta to surrender by 2:00 p.m. EDT on that date to start serving his sentence, according to an order issued on Thursday. Gupta, 65, was convicted in June 2012 on securities fraud and conspiracy charges for having fed tips, from Goldman board meetings in the second half of 2008, to longtime friend Raj Rajaratnam, founder of the Galleon Group hedge fund firm. Gupta is also a former global managing director of the consulting firm McKinsey & Co. He is the top corporate official convicted in a broad federal insider trading probe unveiled in October 2009, when charges against Rajaratnam were announced.


New Ragweed Allergy Pill Clears FDA

A new oral medication to treat ragweed allergies has been approved by the Food and Drug administration, the agency announced today (April 17). The medication, called Ragwitek (a drug from Merck and Co.), is a tablet taken once a day by placing it under the tongue, where it dissolves. Patients should start taking the medication 12 weeks before ragweed season, and use it throughout the season, the FDA said. The drug is an alternative to allergy shots or medications that relieve allergy symptoms, the FDA said.

China shoe factory strike shows welfare Achilles' heel

By John Ruwitch DONGGUAN, China (Reuters) - Zhou Hujun, one of thousands of shoe factory workers on strike in southern China, drove his motorbike to the local government's Social Security Department seeking answers. After a few minutes, he left clutching spreadsheets that just raised more questions. Zhou and other striking workers believe Yue Yuen Industrial Holdings Ltd <0551.HK>, which owns ...

Tiny power plants hold promise for nuclear energy

In this photo taken on Monday, April 14, 2014, incoming Nuclear Energy Agency chief William Magwood gestures during an interview with The Associated Press, in Paris. Tiny nuclear power plants that could be far cheaper to build than their behemoth counterparts could herald the future for an energy industry that has come under scrutiny since the Fukushima disaster. In the United States, Magwood hopes the modular reactors will replace outdated coal plants. (AP Photo/Thibault Camus) PARIS (AP) — Small underground nuclear power plants that could be cheaper to build than their behemoth counterparts may herald the future for an energy industry under intense scrutiny since the Fukushima disaster, the incoming head of the Nuclear Energy Agency told The Associated Press.


Earnings lift S&P 500, Nasdaq; S&P's best week since July

Traders work on the floor of the New York Stock Exchange By Ryan Vlastelica NEW YORK (Reuters) - Stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results. The two were the latest to post earnings that topped expectations, helping to lift the S&P 500 and the Nasdaq to their fourth straight daily advance. Tech bellwethers Google and IBM fell on disappointing figures and limited the broader market's gain. IBM's slide pushed the Dow into slightly negative territory at the close.


Dundee Industrial REIT Q1 2014 Financial Results Release Date, Webcast and Conference Call

DUNDEE INDUSTRIAL REIT will be releasing its financial results for the quarter ended March 31, 2014, on Monday, May 5, 2014.

Dundee Industrial REIT April 2014 Monthly Distribution

DUNDEE INDUSTRIAL REIT today announced its April 2014 monthly distribution in the amount of 5.833 cents per Unit . The April distribution will be payable on May 15, 2014 to unitholders of record as at ...

Facebook rolls out location-sharing feature

This product image provided by Facebook shows the “Nearby Friends" tool. Using your smartphone’s GPS system, it will tell your Facebook friends _ provided they have the feature turned on _ that you are nearby. Rather than share your exact location, though, it will only show that you are in close proximity, say within half a mile. Then, if you want, you can manually share your exact location with a friend you’d like to meet up with, so they can see where you are located in a particular park, airport or city block. (AP Photo/Facebook) NEW YORK (AP) — Facebook users in the U.S. will soon be able to see which of their friends are nearby using a new feature the company is launching on Thursday.


BNSF outlines fertilizer shipment plan to feds

BISMARCK, N.D. (AP) — BNSF Railway Co. will add trains in the Dakotas, Minnesota and Montana solely for transporting fertilizer for spring crop planting, the railroad has told a federal oversight board.

Cyber cops: Target hackers may take years to find

In this Feb. 20, 2014 photo, a man walks through a hall at Secret Service offices in Washington. Secret Service investigators say it could take years to identify the hackers who breached Target’s computer systems in December _and even longer to bring them to justice. (AP Photo/Carolyn Kaster) WASHINGTON (AP) — Secret Service investigators say they are close to gaining a full understanding of the methods hackers used to breach Target's computer systems last December.


Scientists find Earth-sized world in orbit friendly to life

Kepler-186f planet seen in NASA artist's concept The discovery, announced on Thursday, is the closest scientists have come so far to finding a true Earth twin. The star’s outermost planet, designated Kepler-186f, receives about one-third the radiation from its parent star as Earth gets from the sun, meaning that high noon on this world would be roughly akin to Earth an hour before sunset, said astronomer Thomas Barclay, with NASA’s Ames Research Center in Moffett Field, California. “This planet is an Earth cousin, not an Earth twin,” said Barclay, who is among a team of scientists reporting on the discovery in the journal Science this week. NASA launched its Kepler space telescope in 2009 to search about 150,000 target stars for signs of any planets passing by, or transiting, relative to the telescope’s point of view.


Flight 370: Oil in Indian Ocean Not from Missing Jetliner

Flight 370: Oil in Indian Ocean Not from Missing Jetliner The ongoing search for the missing Malaysia Airlines jetliner has suffered yet another setback, as officials confirmed today (April 17) that an oil slick discovered earlier this week in the southern Indian Ocean did not come from the plane. An Australian ship, called Ocean Shield, spotted the slick on Sunday (April 13), and investigators collected a sample of the water to try to determine the oil's origin. "Preliminary analysis of the sample collected by [Australian Defense Vessel] Ocean Shield has confirmed that it is not aircraft engine oil or hydraulic fuel," officials from Australia's Joint Agency Coordination Center, which is overseeing the search operations, said in a statement. "This expansion of the operating parameters allows the Bluefin-21 to search the seafloor within the predicted limits of the current search area," Joint Agency Coordination Center officials said in a statement.


U.S. judge declines to order 'park it now' notices for GM cars

GM Chief Executive Officer Barra testifies during a House Energy and Commerce hearing on Capitol Hill in Washington A federal judge on Thursday rejected a bid to compel General Motors Co to tell customers to stop driving millions of cars that have been recalled for defective ignition switches. Attorneys representing Charles and Grace Silvas, the owners of a recalled 2006 Chevrolet Cobalt, had sought an emergency order directing GM to issue "park it now" notices for the 2.6 million vehicles that have been recalled since February over the switches. GM opposed the motion, arguing that the vehicles were safe to drive as long as nothing extra was attached to the key while it was in the ignition. U.S. District Judge Nelva Gonzales Ramos in Corpus Christi, Texas, denied the request in a ruling on Thursday, saying that she would defer to the National Highway Traffic Safety Administration, a federal agency that oversees auto safety.


5 Exoplanets Most Likely to Host Alien Life

5 Exoplanets Most Likely to Host Alien Life Kepler-186f is a rocky world just 10 percent bigger than Earth. It's the outermost of five planets known to orbit Kepler-186, a red dwarf star that's considerably smaller and dimmer than Earth's own sun. This "super-Earth" is at least 3.9 times more massive than our own planet.


Sriracha considers moving factory amid smell complaints

After a months-long battle with the city of Irwindale over complaints about a spicy odor, Sriracha sauce creator David Tran said Wednesday he is now seriously considering moving his factory to another location.

Increase in industrial production: An advantage for homebuilders

In March, industrial production increased 0.7%, so it looks like the economy is heating up along with the weather.

Scientists discover first Earth-sized planet that could support life

Found! First Earth-Size Planet That Could Support Life For the first time, scientists have discovered an Earth-sized alien planet in the habitable zone of its host star, an "Earth cousin" that just might have liquid water and the right conditions for life. The newfound planet, called Kepler-186f, was first spotted by NASA's Kepler space telescope and circles a dim red dwarf star about 490 light-years from Earth. "One of the things we've been looking for is maybe an Earth twin, which is an Earth-sized planet in the habitable zone of a sunlike star," Tom Barclay, Kepler scientist and co-author of the new exoplanet research, told Space.com.


Judge won't order recalled GM cars to be parked

This April 1, 2014 photo shows the ignition switch of a 2005 Chevrolet Cobalt in Alexandria, Va. A federal judge in Texas on Thursday, April 17, 2014 denied an emergency motion that would have forced General Motors to tell owners of 2 million recalled cars to stop driving their vehicles until their ignition switches are repaired. (AP Photo/Molly Riley) DETROIT (AP) — A Texas federal judge has denied an emergency motion that would have forced General Motors to tell owners of more than 2 million recalled cars to stop driving them until the ignition switches are replaced.


Scientists find Earth-sized world in orbit friendly to life

Kepler-186f planet seen in NASA artist's concept The discovery, announced on Thursday, is the closest scientists have come so far to finding a true Earth twin. The star's outermost planet, designated Kepler-186f, receives about one-third the radiation from its parent star as Earth gets from the sun, meaning that high noon on this world would be roughly akin to Earth an hour before sunset, said astronomer Thomas Barclay, with NASA's Ames Research Center in Moffett Field, California. "This planet is an Earth cousin, not an Earth twin," said Barclay, who is among a team of scientists reporting on the discovery in the journal Science this week. NASA launched its Kepler space telescope in 2009 to search about 150,000 target stars for signs of any planets passing by, or transiting, relative to the telescope's point of view.


Brutish and short? DNA 'switch' sheds light on Neanderthals

To match Reuters Life! NEANDERTHAL-CROATIA/MUSEUM Hundreds of Neanderthals' genes were turned off while the identical genes in today's humans are turned on, the international team announced in a paper published online in Science. They also found that hundreds of other genes were turned on in Neanderthals, but are off in people living today. Among the hundreds: genes that control the shape of limbs and the function of the brain, traits where modern humans and Neanderthals differ most. "People are fundamentally interested in what makes us human, in what makes us different from Neanderthals," said Sarah Tishkoff, an expert in human evolution at the University of Pennsylvania, who was not involved in the new study.


Jobless claims, factory data put some shine on economy

Corporate recruiters gesture and shake hands as they talk with job seekers at a Hire Our Heroes job fair targeting unemployed military veterans and sponsored by the Cable Show, a cable television industry trade show in Washington By Lucia Mutikani WASHINGTON (Reuters) - New claims for jobless benefits hovered near their pre-recession levels last week and manufacturing in the Mid-Atlantic region accelerated in April, suggesting an upswing in economic activity after a brutally cold winter. Coming on the heels of fairly bullish data on retail sales and industrial production, Thursday's reports also hinted job growth may be picking up slightly. "The data add further evidence to the notion that the economy has exerted positive momentum at the start of the second quarter," said Sam Bullard, a senior economist at Wells Fargo Securities in Charlotte, North Carolina. Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said, but stayed close to a 6-1/2 year low touched the prior week.


In weird Brazilian cave insects, male-female sex organs reversed

The female penis of the Neotrogla aurora insect species is seen in an undated handout photo By Will Dunham WASHINGTON (Reuters) - This may be the role reversal to end all role reversals. That's why I was really surprised to see the structure," entomologist Kazunori Yoshizawa of Japan's Hokkaido University said by email. Yoshizawa said that although sex-role reversal has been documented in several different types of animals, these insects are the sole example in which the "intromittent organ" - the male sex organ - is reversed, Yoshizawa said. Yoshizawa said the females of Neotrogla can hold male mates coercively using their gynosome.


England's last cigarette factory

The closure of England's last cigarette factory

Antitrust in the New Gilded Age

Antitrust in the New Gilded Age Those laws should prevent or bust up concentrations of economic power that not only harm consumers but also undermine our democracy -- such as the pending Comcast acquisition of Time-Warner.


Women in Business Q&A: Nikki Parker, Regional Director North America & Oceania at Freelancer.com

Nikki Parker is responsible for marketing and communications at Freelancer.com across North America, Australia and New Zealand. Nikki leads a team of communications and marketing experts who work with business, partners and the media to grow Freelancer across these regions. Nikki is a company media spokesperson and represents Freelancer as a speaker at industry events globally. ...

Nigeria: Mr Waheed A Olagunju Appointed Acting Managing Director/CEO, Bank of Industry (BOI)

The Bank of Industry (BOI) has appointed Mr Waheed A Olagunju as Acting Managing Director and Chief Executive Officer. Waheed A Olagunju, Acting Managing Director/CEO, Bank of Industry (BOI)(Photo: Business Wire) Prior to his new appointment, Mr Olagunju served on BOI’s Board of Directors as Executive Director, Business Development.

Pure Industrial Real Estate Trust Announces Cash Distribution for April 2014

Pure Industrial Real Estate Trust Announces Cash Distribution for April 2014

More Proof That American Health Care Prices Are Sky-High

More Proof That American Health Care Prices Are Sky-High As anyone who's ever paid a health insurance premium or a hospital bill knows, medical care is expensive. What Americans may not know is that residents of other countries don't pay nearly as much for the same things. The latest data from the International Federation of Health Plans, an industry group representing health insurers from 28 countries including the United States, once again illustrates that American patients pay the highest prices in the world for a variety of prescription drugs and common procedures like childbirth and hospital stays. ...


Samsung and Amazon join forces with Kindle for Samsung

Summary: Samsung and Amazon agreed to launch ‘Kindle for Samsung’, a custom-built eBook service offering millions of best-selling books, newspapers and magazines on readers’ mobile devices including over 500,000 exclusive titles. Samsung and Amazon will …

Samsung Applies Advanced, Eco-friendly Packaging to the Galaxy Series

Samsung Applies Advanced, Eco-friendly Packaging to the Galaxy Series Summary: Samsung has developed and expanded applications for eco-friendly package to the Galaxy Series, reducing energy use and supporting the recycling of unused resources. Continuing from Galaxy S4 and Galaxy Note 3, Samsung maintained its …


Ernesto Zedillo: Director of the Day

Ernesto Zedillo: Director of the Day Co-authored with Arthur Phillips, research associate at the Center for Economic and Policy Research. Directorships, 2008 - 2012: 5* Total director compensation, 2008 - 2012: $3,626,109** Average annual director compensation, 2008 - 2012: $725,222 Average compensation per full year of service as director: $244,276 *Zedillo was a director of the Electronic Data Systems Corporation from October 2007 to August 2008; however, compensation for his service in 2008 is not available and therefore not included in the above calculations. ...


Hotel industry faces labor shortage -- especially housekeepers

Central Florida's hotel industry may be headed for a labor crunch.

Electricity industry invited to 'invest for tomorrow'

New Zealand's electricity supply industry gathers for their annual conference 18-20 June at Skycity Auckland, with the theme; The Electricity Engineers Association conference is expected to attract over 500 delegates from around New Zealand and overseas. They will be able to attend keynote addresses by New Zealand and international speakers, 85 technical presentations and papers, a panel ...

The Democratizing Power of Crowdfunding and the JOBS Act

The Democratizing Power of Crowdfunding and the JOBS Act While the democratizing power of crowdfunding will certainly help the next generation of founders, the benefits of greater market freedom will reach well beyond company founders.


On the Meaning of Entrepreneurship

On the Meaning of Entrepreneurship The path to starting and scaling a venture-backed business is defined by a series of hurdles and gateways that become more challenging as you move through each one.


Jaws, the prequel: Scientists find the 'Model T Ford' of sharks

By Will Dunham WASHINGTON (Reuters) - You've heard of the Model T Ford, the famed early 20th-century automobile that was the forerunner of the modern car. Scientists on Wednesday announced the discovery of the impeccably preserved fossilized remains of a shark that lived 325 million years ago in what is now Arkansas, complete with a series of cartilage arches that supported its gills and jaws. Because shark skeletons are made of soft cartilage, not hard bone, finding anything more than scrappy fossilized remains of teeth and vertebrae is rare. Finding a fossil shark in an almost three-dimensional state of preservation, boasting important skeletal structures, is exceptional.
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