Archive for March 14th, 2013

Pope urges church to return to its roots

March 14, 2013
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VATICAN CITY (Reuters) – In his first public Mass, Pope Francis urged the Catholic Church on Thursday to stick to its roots and shun modern temptations, warning that it would become just “a compassionate NGO” if it forgot its true mission.
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S&P nears record high; Dow extends winning streak

March 14, 2013
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NEW YORK (AP) — Encouraging news from the job market sent the stock market toward two milestones Wednesday: A record high close for the Standard & Poor’s 500 index and the longest winning streak for the Dow Jones industrial average in more than 16 years.
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Dow advances for 10th day, S&P 500 eyes record

March 14, 2013
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By Leah Schnurr NEW YORK (Reuters) – Stocks rose on Thursday as the Dow extended its recent winning streak to 10 days and the S&P 500 closed in on a record high as investors were encouraged by data that showed the labor market’s recovery was gaining traction.
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Puerto Rico urges action amid bond rating drop

March 14, 2013
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SAN JUAN, Puerto Rico (AP) — Puerto Rico’s government on Thursday urged legislators to move quickly and approve financial austerity measures following a report from a Wall Street ratings agency that downgraded the island’s general obligation bonds to near-junk status.
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Pope Francis carries his own luggage

March 14, 2013
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VATICAN CITY (AP) — Pope Francis put his humility on display during his first day as pontiff Thursday, stopping by his hotel to pick up his luggage and pay the bill himself in a decidedly different style for the papacy usually ensconced inside the frescoed halls of the Vatican.
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Police kill suspect in deadly N.Y. rampage

March 14, 2013
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HERKIMER, N.Y. (AP) — Police in upstate New York stormed an abandoned building Thursday morning where a man suspected of a deadly shooting rampage at a car wash and barbershop had been holed up, killing him after he fired on an FBI dog.
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European shares near five-year high after U.S. data

March 14, 2013
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By Marc Jones LONDON (Reuters) – European shares hit a near five-year high and the dollar hovered close to a seven-month peak on Thursday, as strong U.S. retail sales figures helped bolster hopes of a global economic recovery.
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World stocks up before release of US jobless data

March 14, 2013
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BANGKOK (AP) — World stock markets shared Wall Street‘s ebullience and turned higher Thursday ahead of the release of U.S. jobless claims.
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Pope Francis: Humble image, complex past

March 14, 2013
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VATICAN CITY (AP) — On the streets in Buenos Aires, the stories about the cardinal who would become the first pope from the Americas often include a very ordinary backdrop: The city bus during rush hour.
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Asia stocks cautious despite strong US retail data

March 14, 2013
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BANGKOK (AP) — Asian stock markets mostly retreated Thursday as caution prevailed despite a ninth day of gains on Wall Street and a bump up in U.S. retail sales.
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