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How Ken Lewis Fired John Thain

Super Thain

It was Thursday, January 22, 2009 and Charlie Gasparino (then at CNBC) was reporting that Bank of America CEO Ken Lewis was on his way to see former Merrill Lynch CEO John Thain to discuss the latter's future.

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Terminator

Robots: The new low-cost worker

The use of robotics in industry is nearing a take-off point that could trigger a surge in productivity gains in the years ahead, some experts say.