UNITED STATES

Initial Jobless Claims

Jobless Claims Jumped More Than Forecast; Raising Concerns

The number of Americans filing for first-time unemployment benefits rose last week to the highest level in six weeks after a downtick in the week ended Dec. 31. The figure nearly surpassed a key threshold for gauging the job market, raising concerns about the U.S. employment situation without the help of holiday hiring.
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Stock futures rise after Europe debt auctions

Stock index futures rose on Thursday after well-received European sovereign debt auctions encouraged investors ahead of job market and retail sales data expected to show the U.S. economy is steadily recovering.
Mitt Romney (L) and Ron Paul

Ron Paul 2012: Why He has an Edge over Romney

An impressive second place win in the New Hampshire Republican presidential primary has cemented the Ron Paul Revolution. The mainstream media, which has so far cold-shouldered the Ron Paul 2012 campaign, will find it difficult to avoid him in future. With this performance, Ron Paul and his brigade have proved that they are no more on the fringes.
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Delhaize cuts 5,000 jobs after Q4 sales shortfall

Belgian supermarket group Delhaize plans to cut 5,000 jobs after fourth-quarter sales fell just short of expectations in its key United States and Belgium markets, due to the weak consumer sentiment and price competition.
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Delhaize America to cut 4900 jobs, close stores

Supermarket operator Delhaize America said it will close 113 underperforming Food Lion stores mainly in markets in which the company has the least store density and will cut 4,900 jobs to focus on markets with high density.
Oranges

FDA Bans Orange Juice Imports; Which Brands May Be Harmful?

The Food and Drug Administration announced Wednesday that it would temporarily halt all imports of foreign orange juice because of fears of carbendazim traces found in oranges, especially those from Brazil. The import ban will last until the FDA has finished conducting a thorough investigation of carbendazim levels.
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Bank profit reports could be lifted by business loans

A recent rise in loans to businesses is spurring hope that U.S. bank earnings reports, which begin on Friday, will show the outlook for this economically critical industry is better than battered stock prices and weak investment banking volumes suggest.
British artist Damien Hirst poses for photographers in front of his painting ''Shark's Jaw, Skull and Iguana on a Table'' (2008), in London

Damien Hirst on hitting the spot

Damien Hirst may have slowed down since bursting onto the scene as unofficial leader of the Young British Artist movement in the 1990s, but he remains one of the most divisive figures in the art world today.
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Chevron warns on Q4 profit, shares drop

Chevron Corp warned that fourth-quarter profit would be significantly below the previous quarter, with production still falling short of prior expectations and its refining operations about breaking even.
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Broadcom on Track to Launch High-End Phone Chips

Wireless chipmaker Broadcom is gearing up to launch new application processors for the lucrative and growing higher-end smartphone segment by the end of the year, co-founder and Chief Technology Officer Henry Samueli said on Wednesday.
Exclusive: Microsoft Web TV subscription plan on hold

Microsoft Web TV Subscription Plan on Hold

Microsoft Corp has put its talks with media companies about an online subscription service for TV shows and movies on hold, according to people familiar with the discussions.
Federal Communication Commission Chairman Julius Genachowski speaks at the Cable Show in Chicago

FCC Sees Support for Incentive Auctions of Wireless Spectrum

Julius Genachowski, the top U.S. telecommunications regulator, said on Wednesday that he has received bi-partisan support from a group of U.S. senators for so-called incentive auctions of wireless spectrum without legislative restrictions.

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