Archive for February 22nd, 2013

Wall Street rebounds on HP results, Fed officials’ views

February 22, 2013
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NEW YORK (Reuters) – U.S. stocks rose on Friday as Dow component Hewlett-Packard surged on strong results and comments from Fed officials allayed fears that the central bank would curtail its stimulus measures.
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Analysis: U.S. companies plan to spend, a boost for the economy

February 22, 2013
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, blamed uncertainty over U.S. government budget and tax policy for a reluctance to invest and hire.
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Budget battle: ‘This is not rocket science’

February 22, 2013
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As the nation slowly recovers from the severe 2007-2009 recession, a battle rages between lawmakers who want the government to aggressively tackle deficits with spending cuts and those who caution the economy is still too frail to stand on its own feet.
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The missing journalists of the Syrian war

February 22, 2013
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Michael Foley just wants his brother back. James Foley, known as “Jim,” is an American freelance reporter who has been unaccounted for inside Syria since November. On Thanksgiving Day, the Foleys were told that James, 39, and another journalist were apparently intercepted and kidnapped by four armed men in Taftanaz, northwestern Syria, while on...
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Wall Street rebounds as technology stocks gain

February 22, 2013
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NEW YORK (Reuters) – U.S. stocks advanced on Friday, rebounding after two days of losses, led by gains in technology stocks after better-than-expected earnings from Hewlett-Packard.
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Olive Garden owner Darden warns on 3rd quarter

February 22, 2013
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ORLANDO, Fla. (AP) — Darden Restaurants, struggling to draw more customers into its Olive Garden and Red Lobster restaurants, said Friday that its third-quarter profit could fall below Wall Street’s expectations and cut its outlook for the year.
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Sequester square-dance

February 22, 2013
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WASHINGTON (AP) — Republicans and other fiscal conservatives keep insisting on more federal austerity and a smaller government. Without much fanfare or acknowledgement, they’ve already gotten much of both.
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‘The Invisible War’ brings attention to rape in the military

February 22, 2013
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On the Radar An Oscar nomination is a terrific honor for a filmmaker, but for director Kirby Dick, the recognition means so much more. An Academy Award nomination for “The Invisible War” brings with it more attention to the subject of the documentary — sexual assault and rape in the U.S. military, and the...
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Asian shares recover from steep loss, growth worry caps

February 22, 2013
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TOKYO (Reuters) – Asian shares recouped some of the previous session’s steep falls as investors reassessed fears of the Federal Reserve ending its ultra-soft monetary policy earlier than expected, but weak U.S. and European data capped Friday’s recovery.
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Drew Peterson gets 38 years in third wife’s murder

February 22, 2013
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JOLIET, Ill. (AP) — Drew Peterson — the swaggering Chicago-area police officer who gained notoriety after his much-younger fourth wife vanished in 2007 — was sentenced to 38 years in prison on Thursday for murdering his third wife.
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