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NEW YORK – Circuit City Stores Inc. (CC) Tuesday said it received an unsolicited takeover bid valuing the struggling electronics retailer at $3.25 billion, and its shares rose above the offer price, indicating expectations of a better offer. Private investment firm Highfields Capital Management LP (search), which already owns 6.7 …

ASUNCION, Paraguay – The daughter of former Paraguyan President Raul Cubas (search) was found dead Wednesday night, months after she was abducted by heavily armed gunmen in the highest-profile kidnapping ever in this South American country. Attorney General Oscar Latorre said the body of Cecilia Cubas (search), 32, had been …

BAGHDAD, Iraq – A major oil fire raged Saturday after insurgents blew up a pipeline in the north of the country. The family of an anchorwoman for a U.S.-funded state television station — a mother of four who was repeatedly shot in the head — found her body dumped on …