Archive for October 28th, 2013

Judge: Texas abortion limits unconstitutional

October 28, 2013
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AUSTIN, Texas (AP) — New abortion restrictions passed by the Texas Legislature are unconstitutional and will not take effect as scheduled on Tuesday, a federal judge has ruled.
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White House: NSA doesn’t spy on allies for economic warfare

October 28, 2013
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The White House denied on Monday that the National Security Agency’s widespread overseas spying is intended to give the U.S. an edge over allies who might also be economic competitors. But former Vice President Dick Cheney suggested to CNN that NSA snooping has been “enormously important” when it comes to “economic matters.” 
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Wall Street inches higher on Fed expectations; Apple up

October 28, 2013
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By Caroline Valetkevitch
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Stocks edge higher; S&P 500 climbs toward record

October 28, 2013
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NEW YORK (AP) — The Standard & Poor’s 500 index edged toward another record high close Monday as good news from J.C. Penney helped offset disappointing earnings from U.S. companies.
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Major storms smash Europe

October 28, 2013
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A major storm with hurricane-force gusts lashed southern Britain, the Netherlands and parts of France on Monday, knocking down trees, flooding low areas and causing travel chaos. Four deaths were reported.
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Report: NSA tracked 60 million calls in Spain

October 28, 2013
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MADRID (Reuters) – The U.S. National Security Agency (NSA) recently tracked over 60 million calls in Spain in the space of a month, a Spanish newspaper said on Monday, citing a document which it said formed part of papers obtained from ex-NSA contractor Edward Snowden.
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Rally on Fed talk fades, dollar struggles

October 28, 2013
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By Richard Hubbard LONDON (Reuters) – World share gains stalled near a six-year high and the dollar steadied on Monday as a rally built on expectations the U.S. Federal Reserve will stick with its loose monetary policy at a meeting this week ran out of steam.
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Merck 3Q net income falls on charges, lower sales

October 28, 2013
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Merck & Co. said Monday that its third-quarter profit plunged 35 percent because of competition from generic drugs, lower sales of its top-selling medicine, and restructuring and acquisition charges. It still beat Wall Street’s profit expectations, but sharply lowered its own forecast for the full year, sending shares down.
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Another setback for Obamacare rollout

October 28, 2013
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By David Morgan and Sharon Begley
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Australian shares lead Asian rebound; yen softens

October 28, 2013
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By Ian Chua SYDNEY (Reuters) – Australian stocks scaled a five-year peak on Monday, leading a rebound in Asia after strong results from the likes of Microsoft pushed Wall Street to another record closing high, while investors gave the safe-haven yen a wide berth.
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