Archive for December 4th, 2012

Stocks little changed as budget talks continue

December 4, 2012
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NEW YORK (AP) — Stocks were little changed Tuesday on Wall Street as budget talks continued in Washington.
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Wall Street flat on lack of "fiscal cliff" progress

December 4, 2012
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NEW YORK (Reuters) – Stocks fluctuated between small gains and losses on Tuesday after remarks by President Barack Obama on budget talks dented optimism a solution could be found to prevent the economy from falling into recession.
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Conservative Republicans booted from House budget panel

December 4, 2012
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WASHINGTON (Reuters) – Two of the most conservative Republicans in the House of Representatives have been kicked off the House Budget Committee, a rare move that could make it easier for the panel to advance a deal with Democrats to cut fiscal deficits.
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Egypt’s Mursi leaves palace as police battle protesters

December 4, 2012
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CAIRO (Reuters) – Egyptian police battled thousands of protesters outside President Mohamed Mursi‘s palace in Cairo on Tuesday, prompting the Islamist leader to leave the building, presidency sources said.
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Does the GOP need a religious retreat?

December 4, 2012
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Does the GOP need a religious retreat?

(Photo by Brandon Thibodeaux/Getty Images)
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Navy: No US drones missing after Iran claim

December 4, 2012
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TEHRAN, Iran (AP) — Iran claimed Tuesday it had captured a U.S. drone after it entered Iranian airspace over the Persian Gulf— even showing an image of a purportedly downed craft on state TV — but the U.S. Navy said all its unmanned aircraft in the region were “fully accounted for.”
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Asian shares slip off nine-month high on weak U.S. data

December 4, 2012
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SINGAPORE (Reuters) – Asian shares slipped on Tuesday after a plunge in U.S. manufacturing activity hit Wall Street stocks and the dollar, while the euro hovered near a six-week high on optimism over Greece’s plan to buy back debt.
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Nigeria scraps stamp duty, VAT on share trades

December 4, 2012
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ABUJA (Reuters) – Nigeria‘s finance ministry has scrapped stamp duties and VAT on stock market transaction fees, which between them come to 12 percent in some cases, seeking to boost capital markets, the minister said on Monday.
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GOP moves on fiscal cliff, White House turns it down

December 4, 2012
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WASHINGTON—Fiscal negotiations in Washington moved forward Monday as Republicans offered a new proposal to avoid the so-called fiscal cliff. The White House dismissed the proposal as an unbalanced effort that would hurt the middle class.
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Marine special operations team members honored

December 4, 2012
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CAMP PENDLETON, Calif. (AP) — Navy Secretary Ray Mabus on Monday honored four members of a Marine special operations team in a rare public ceremony for those who have served in the covert forces.
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