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The Yahoo! Newsroom - Armageddon. Apocalypse. Disaster: These are the words being used to describe California's staggering $24 billion budget deficit. Lawmakers failed to pass a budget by Tuesday's midnight deadline and the state may now have to issue billions in IOUs to cover the bills.
Reuters - U.S. health officials on Wednesday ordered Pfizer Inc and GlaxoSmithKline PLC to add strong "black box" warnings on their anti-smoking drugs to highlight the risk of serious mental health problems, including suicidal thoughts.