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By Jonathan Stempel NEW YORK (Reuters) - Tesco Plc has agreed to pay $12 million (8 million pounds) to settle a U.S. shareholder lawsuit claiming that accounting irregularities inflated the share price of Britain's largest retailer. The all-cash settlement was disclosed in filings on Wednesday in the U.S. District Court in Manhattan, and requires court approval. Tesco denied wrongdoing in agreeing to settle, court papers show.
President Barack Obama symbolically pardoned a turkey on Wednesday, a White House tradition on the eve of the US Thanksgiving holiday when Americans will feast on the poultry. "America is, after all, a country of second chances, and this turkey has earned a second chance to live out the rest his life comfortably," said a beaming Obama in the gardens of the presidential mansion, flanked by his daughters Malia and Sasha. "It is hard to believe this is my seventh year of pardoning a turkey.