Archive for January 9th, 2013

Amid public rage, AIG opts out of bailout lawsuit

January 9, 2013
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(Reuters) – Facing anger from Congress and the American people, AIG Inc said on Wednesday it would not sue the U.S. government over terms of the company’s multi-billion dollar bailout.
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‘Critically important’: Biden meets with gun-safety, victims’ groups

January 9, 2013
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WASHINGTON (AP) — Vice President Joe Biden on Wednesday heard personal stories of gun violence from representatives of victims groups and gun-safety organizations as he drafts the Obama administration‘s response to the shooting at a Connecticut elementary school. He pledged that action would be taken.
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Nasdaq CEO says would definitely consider Euronext

January 9, 2013
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NEW YORK (Reuters) – Nasdaq OMX Group would definitely consider bidding for Euronext, the operator of the Paris, Amsterdam, Brussels and Lisbon stock exchanges, if it were put up for sale, Nasdaq’s Chief Executive Robert Greifeld said in an interview.
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Wall Street modestly higher as Alcoa beats revenue estimates

January 9, 2013
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NEW YORK (Reuters) – Stocks edged up on Wednesday after Alcoa got the earnings season under way with better-than-expected revenue and an encouraging outlook for the year.
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Biden to meet with gun-safety groups

January 9, 2013
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WASHINGTON (AP) — Seeking to spur fresh action on gun legislation, Vice President Joe Biden is meeting at the White House with victims groups and gun-safety organizations.
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NYC ferry crashes into pier, injuring 57

January 9, 2013
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NEW YORK (Reuters) – A commuter ferry crashed into a pier in lower Manhattan early Wednesday, injuring 57 people, one critically, the New York City Police Department said.
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BSE Sensex ends lower; earnings eyed

January 9, 2013
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MUMBAI (Reuters) – The BSE Sensex fell on Wednesday as two-wheeler makers such as Bajaj Auto retreated after an industry body cut its estimates for motorcycle sales, while software services exporters fell ahead of earnings announcement.
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FTSE stages recovery on positive U.S. earnings

January 9, 2013
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LONDON (Reuters) -The FTSE 100 rose on Wednesday, boosted by banking stocks and miners as a reassuring start to the U.S. earnings season boosted investors’ appetite for riskier assets.
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Biden to meet with gun-safety, victims groups

January 9, 2013
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WASHINGTON (AP) — Seeking to spur fresh action on gun legislation, Vice President Joe Biden is meeting at the White House with victims groups and gun-safety organizations.
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AP Exclusive: Richardson pressing NKorean test ban

January 9, 2013
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PYONGYANG, North Korea (AP) — Former New Mexico Gov. Bill Richardson said Wednesday that his delegation is pressing North Korea to put a moratorium on missile launches and nuclear tests and to allow more cell phones and an open Internet for its citizens.
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