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European stocks stage rebound; Paris tops 4,000 points

Europe's main stock markets rebounded on Friday, with Paris jumping above 4,000 points for the first time since July 2011 as traders went bargain-hunting after earlier losses, dealers said. In late morning deals, the Paris CAC 40 rallied to 4,009.15 points, which was the highest level since July 7, 2011. It later stood at 3,992.65 points, up 0.34 percent from Thursday's close. Elsewhere, London's benchmark FTSE 100 gained 0.36 percent to 6,712.02 points, while Frankfurt's DAX 30 index won 0.14 percent to 8,380.06.

Taxpayers federation issues new fuel report, slams high taxes on gas

EDMONTON - The Canadian Taxpayers Federation has issued a new report on the price we pay for fuel. As part of the 15th annual Gas Tax Honesty Day, the federation encourages citizens to lobby against charging tax-on-tax for gasoline and diesel. Alberta director Derek Fildebrandt says even without a provincial sales tax, residents of the province pay roughly $80 million a year or $15 per fill-up.

JPMorgan asks Bloomberg for logs of employees checking on client log-in and usage data

LOS ANGELES, Calif. - Lawyers for JPMorgan Chase A formal letter was sent this week, a person familiar with the matter said. The person wasn't authorized to speak publicly and spoke on condition of anonymity. The letter seeks data going back to 2008 as the bank examines whether the seller of ubiquitous trading-data terminals was in breach of contract, the person said.
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