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2010-03-12 01:04:16 business - other
Slowly, Americans are regaining their lost wealth (AP)
AP - Americans are recovering their shrunken wealth — gradually.
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Slowly, Americans are regaining their lost wealth (AP)
AP - Americans are recovering their shrunken wealth — gradually.
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2010-03-12 00:45:32 business - other
Exxon boosts 2010 capital spending to $28 billion (Reuters)
Reuters - Exxon Mobil Corp will increase capital spending nearly 4 percent this year to $28 billion in part as the largest U.S. oil company seeks to increase its share of the global market for natural gas.
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Exxon boosts 2010 capital spending to $28 billion (Reuters)
Reuters - Exxon Mobil Corp will increase capital spending nearly 4 percent this year to $28 billion in part as the largest U.S. oil company seeks to increase its share of the global market for natural gas.
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2010-03-12 00:38:35 business - other
Citigroup sees return to sustained profitability (Reuters)
Reuters - Citigroup Inc Chief Executive Vikram Pandit told investors on Thursday that the bank is on track to return to sustained profitability, and that losses from some of its worst assets should be manageable if the economy does not deteriorate.
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Citigroup sees return to sustained profitability (Reuters)
Reuters - Citigroup Inc Chief Executive Vikram Pandit told investors on Thursday that the bank is on track to return to sustained profitability, and that losses from some of its worst assets should be manageable if the economy does not deteriorate.
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2010-03-12 00:20:51 business - other
Fed seen keeping "extended period" low rate vow (Reuters)
Reuters - Lingering U.S. labor market weakness and nagging doubts about the solidity of the economic recovery are expected to keep the Federal Reserve committed to holding borrowing costs very low for a long time at a monetary policy meeting next week.
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Fed seen keeping "extended period" low rate vow (Reuters)
Reuters - Lingering U.S. labor market weakness and nagging doubts about the solidity of the economic recovery are expected to keep the Federal Reserve committed to holding borrowing costs very low for a long time at a monetary policy meeting next week.
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2010-03-12 00:05:51 business - other
Jobless claims fall, trade gap narrows on oil (Reuters)
Reuters - The number of U.S. workers filing new claims for unemployment benefits fell only slightly last week, indicating that rapid job growth would probably continue to elude the economy for a while.
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Jobless claims fall, trade gap narrows on oil (Reuters)
Reuters - The number of U.S. workers filing new claims for unemployment benefits fell only slightly last week, indicating that rapid job growth would probably continue to elude the economy for a while.
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2010-03-11 23:52:52 business - other
At a Glance: Smithfield Foods 3Q results (AP)
AP - Weak demand has hurt Smithfield Foods for some time, and the company cut production during its third quarter, which further hurt sales. But the company says trends are improving, and it saw gains in some areas.
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At a Glance: Smithfield Foods 3Q results (AP)
AP - Weak demand has hurt Smithfield Foods for some time, and the company cut production during its third quarter, which further hurt sales. But the company says trends are improving, and it saw gains in some areas.
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2010-03-11 23:36:57 business - other
Summary Box: Smithfield Foods 3Q results (AP)
AP - RECOVERY: Smithfield Foods Inc., the nation's largest hog producer and pork processor, reported a profit in its third quarter after more than a year of losses.
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Summary Box: Smithfield Foods 3Q results (AP)
AP - RECOVERY: Smithfield Foods Inc., the nation's largest hog producer and pork processor, reported a profit in its third quarter after more than a year of losses.
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2010-03-11 23:35:53 business - other
SMTC Corp. moves to profit in 4th quarter (AP)
AP - SMTC Corp. on Thursday said it moved to a quarterly profit, which sent shares of the electronics manufacturing services provider higher.
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SMTC Corp. moves to profit in 4th quarter (AP)
AP - SMTC Corp. on Thursday said it moved to a quarterly profit, which sent shares of the electronics manufacturing services provider higher.
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2010-03-11 23:35:03 business - other
Smithfield Foods sees profit in 3Q, tops forecasts (AP)
AP - Smithfield Foods Inc., the nation's largest hog producer and pork processor, reported a profit on Thursday for its third quarter after more than a year of losses.
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Smithfield Foods sees profit in 3Q, tops forecasts (AP)
AP - Smithfield Foods Inc., the nation's largest hog producer and pork processor, reported a profit on Thursday for its third quarter after more than a year of losses.
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2010-03-11 23:33:11 business - other
Obama launches export-doubling strategy (AFP)
AFP - President Barack Obama put into action Thursday an ambitious strategy to double US exports by prising open lucrative emerging markets in a bid to ease unemployment amid fragile economic recovery.
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Obama launches export-doubling strategy (AFP)
AFP - President Barack Obama put into action Thursday an ambitious strategy to double US exports by prising open lucrative emerging markets in a bid to ease unemployment amid fragile economic recovery.
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2010-03-11 23:27:10 business - other
Appetite for reform fading: NYSE Euronext CEO (Reuters)
Reuters - The appetite and sense of urgency for world financial reform have waned as markets have rebounded and the world economy has shown signs of recovering, the head of exchange operator NYSE Euronext said on Thursday.
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Appetite for reform fading: NYSE Euronext CEO (Reuters)
Reuters - The appetite and sense of urgency for world financial reform have waned as markets have rebounded and the world economy has shown signs of recovering, the head of exchange operator NYSE Euronext said on Thursday.
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2010-03-11 23:09:36 business - other
Obama issues new call on China over yuan (AFP)
AFP - US President Barack Obama on Thursday issued a fresh call to China to embrace a "market oriented" exchange rate for the yuan, saying such a move would help rebalance the global economy.
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Obama issues new call on China over yuan (AFP)
AFP - US President Barack Obama on Thursday issued a fresh call to China to embrace a "market oriented" exchange rate for the yuan, saying such a move would help rebalance the global economy.
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2010-03-11 23:00:43 business - other
Key US senator to unveil new financial overhaul plan (AFP)
AFP - A key US senator said he would unveil new legislation next Monday to rewrite US financial rules and prevent a repeat of the global economic meltdown of 2008.
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Key US senator to unveil new financial overhaul plan (AFP)
AFP - A key US senator said he would unveil new legislation next Monday to rewrite US financial rules and prevent a repeat of the global economic meltdown of 2008.
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2010-03-11 22:52:15 business - other
EU rejects US criticism over hedge fund curbs (AFP)
AFP - European officials on Thursday defended planned new EU legislation regulating high-end financial services from "protectionist" charges, amid anger from US Treasury chief Timothy Geithner.
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EU rejects US criticism over hedge fund curbs (AFP)
AFP - European officials on Thursday defended planned new EU legislation regulating high-end financial services from "protectionist" charges, amid anger from US Treasury chief Timothy Geithner.
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2010-03-11 22:49:41 business - other
Willbros posts 4Q loss as revenue tumbles (AP)
AP - Willbros Group Inc., an engineering and construction company, reported Thursday a narrower fourth-quarter loss as it cut costs as its revenue fell by more than half.
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Willbros posts 4Q loss as revenue tumbles (AP)
AP - Willbros Group Inc., an engineering and construction company, reported Thursday a narrower fourth-quarter loss as it cut costs as its revenue fell by more than half.
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2010-03-11 22:44:16 business - other
Jackson Hewitt swings to fiscal 3rd-quarter loss (AP)
AP - Jackson Hewitt Tax Service Inc. on Thursday said it moved to a quarterly loss, hurt by one-time charges and lower sales, partly due to the problems with a key program ahead of tax season.
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Jackson Hewitt swings to fiscal 3rd-quarter loss (AP)
AP - Jackson Hewitt Tax Service Inc. on Thursday said it moved to a quarterly loss, hurt by one-time charges and lower sales, partly due to the problems with a key program ahead of tax season.
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2010-03-11 22:22:00 business - other
Obama pushes trade initiative as jobs helper (AP)
AP - President Barack Obama sought Thursday to put some detail behind his lofty drive to double U.S. exports over the next five years, calling the effort imperative to putting people back to work. But doubts remain about how many net jobs his trade agenda
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Obama pushes trade initiative as jobs helper (AP)
AP - President Barack Obama sought Thursday to put some detail behind his lofty drive to double U.S. exports over the next five years, calling the effort imperative to putting people back to work. But doubts remain about how many net jobs his trade agenda
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2010-03-11 22:13:50 business - other
Obama outlines strategy to boost exports (Reuters)
Reuters - President Barack Obama, anxious to spur growth and tackle high unemployment, on Thursday laid out a plan for tougher enforcement of trade laws, government advocacy and credit assistance to double U.S. exports in five years.
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Obama outlines strategy to boost exports (Reuters)
Reuters - President Barack Obama, anxious to spur growth and tackle high unemployment, on Thursday laid out a plan for tougher enforcement of trade laws, government advocacy and credit assistance to double U.S. exports in five years.
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2010-03-11 21:49:23 business - other
Jobless claims by state, at a glance (AP)
AP - First-time claims for unemployment benefits slipped last week by 6,000 to 462,000 for the week ending March 6. The total nearly matched analysts' estimates and was the second straight drop.
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Jobless claims by state, at a glance (AP)
AP - First-time claims for unemployment benefits slipped last week by 6,000 to 462,000 for the week ending March 6. The total nearly matched analysts' estimates and was the second straight drop.
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2010-03-11 21:46:11 business - other
Summary Box: Jobless claims drop for second week (AP)
AP - JOBLESS CLAIMS DROP: New claims for unemployment benefits fell last week to a seasonally adjusted 462,000, nearly matching analysts' estimates. It was the second straight drop.
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Summary Box: Jobless claims drop for second week (AP)
AP - JOBLESS CLAIMS DROP: New claims for unemployment benefits fell last week to a seasonally adjusted 462,000, nearly matching analysts' estimates. It was the second straight drop.
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