Archive for January 4th, 2013

Gabrielle Giffords visits Newtown, will meet with families

January 4, 2013
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NEWTOWN, Conn. (AP) — Former U.S. Rep. Gabrielle Giffords of Arizona on Friday visited the Connecticut town where a gunman killed 26 people last month inside an elementary school.
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Philippines shootings illustrate worldwide gun violence problem

January 4, 2013
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A shooting rampage that left a pregnant woman, her 3-year-old daughter, and seven others dead on Friday near the capital of the Philippines illustrates that the United States isn’t the only nation facing problems with gun violence.
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Hedge fund chief Einhorn disappoints, Loeb has big 2012

January 4, 2013
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BOSTON/NEW YORK (Reuters) – Widely followed hedge fund managers Daniel Loeb and David Einhorn ended the year on divergent notes with Loeb’s firm handily beating the broader stock market and Einhorn’s firm posting a modest single-digit annual gain after performing poorly in December.
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Wall Street inches up after data; Apple extends fall

January 4, 2013
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NEW YORK (Reuters) – U.S. stocks edged higher on Friday and the S&P 500 was on track for its biggest weekly gain in over a year after a jobs report showed employers kept the pace of hiring steady in December.
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Storm-ravaged Staten Islanders angry over stalled Sandy aid

January 4, 2013
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Storm-ravaged Staten Islanders angry over stalled Sandy aid

A property destroyed by a fire during Sandy in Midland Beach, Staten Island. (Mario Tama/Getty)
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Job growth cools slightly, recovery grinds on

January 4, 2013
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WASHINGTON (Reuters) – The pace of U.S. job growth slowed a bit in December, keeping the unemployment rate steady at 7.8 percent, but details of the Labor Department’s U.S. employment report were fairly encouraging.
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Fed becoming worried about stimulus side effects

January 4, 2013
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WASHINGTON (Reuters) – Federal Reserve officials are increasingly concerned about the potential risks of the U.S. central bank’s asset purchases on financial markets, even if they look set to continue an open-ended stimulus program for now.
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Asian shares drop on Fed minutes, dollar extends gains

January 4, 2013
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TOKYO (Reuters) – Asian shares fell on Friday, as investors booked profits from a recent sharp climb after senior Federal Reserve officials expressed concerns about continuing to expand stimulative bond buying, but the dollar extended gains as U.S. debt yields rose.
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New docs confirm secret program to protect U.S. power grid

January 4, 2013
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Newly released documents confirm that the National Security Agency (NSA), America‘s top cyberespionage organization, is spearheading a cloaked and controversial program to develop technology that could protect the US power grid from cyberattack.
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Hiring seen edging up, recovery grinds on

January 4, 2013
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WASHINGTON (Reuters) – U.S. employers likely stepped up hiring a touch in December as retailers and other businesses took on more staff for the holidays, but the gain will probably not be enough to make inroads in the country’s still high unemployment rate.
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