Archive for February 4th, 2014

Weather service: Storm to hit two-thirds of U.S.

February 4, 2014
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By Carey Gillam KANSAS CITY, Missouri (Reuters) – An unusually heavy winter storm was blanketing Kansas with what forecasters said could be up to 10 inches of snow on Tuesday, and the deluge was expected to make a quick march eastward across the U.S. Midwest and into New England.
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Video spotlights anti-gay violence in Russia

February 4, 2014
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With the eyes of the world about to turn to the Winter Olympics in Sochi, a human rights group has released a new disturbing video highlighting violence against gay, lesbian, transgender and bisexual people under Russia’s anti-gay laws that went into effect last year.
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Puerto Rico rating cut to junk status by S&P

February 4, 2014
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By Michael Connor
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‘Wrong gender, color, country’ – India-born Aiyengar, JPMorgan’s rising star

February 4, 2014
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By Nicola Leske and Dhanya Skariachan
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Budget deficit drops to $514 billion

February 4, 2014
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WASHINGTON (AP) — A new report released Tuesday says the government’s budget deficit is set to fall to $514 billion for the current year, down substantially from last year and the lowest by far since President Barack Obama took office five years ago.
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Microsoft names Nadella as next CEO, Thompson as chairman

February 4, 2014
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By Bill Rigby SEATTLE (Reuters) – Microsoft Corp named 22-year company veteran Satya Nadella as its next chief executive officer on Tuesday, ending a protracted search for a new leader after Steve Ballmer announced his intention to retire in August.
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US STOCKS-Bargain hunters lift Wall Street after market rout

February 4, 2014
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* Yum Brands (Munich: TGR.MU – news) reaffirms 2014 profit outlook, shares jump
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Shares steadier as emerging market sell-off eases

February 4, 2014
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By Marc Jones LONDON (Reuters) – World shares steadied after falling to a near four-month low on Tuesday as a bounce in battered emerging market currencies and a positive start for Wall Street helped lift some of the recent gloom.
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New Microsoft CEO faces challenges in mobile, investor relations

February 4, 2014
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By Bill Rigby SEATTLE (Reuters) – As Microsoft Corp prepares to unveil insider Satya Nadella as its new chief executive, investors and analysts are weighing how effective the 22-year veteran will be in re-igniting the company’s mobile ambitions and satisfying Wall Street’s hunger for cash.
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European shares sink again; UBS rallies

February 4, 2014
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PARIS, Feb 4 (Reuters) – European shares sank in early tradeon Tuesday, retreating for the seventh time in nine sessions andtracking a sell-off on Wall Street and in Asia sparked bylower-than-expected U.S. manufacturing data.
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