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Stocks falls on weak payrolls data

U.S. stocks dropped on Friday after a dismal report on the labor market appeared to confirm the recent glut of data signaling the economic recovery was waning.
Army soldiers stand guard as anti-government protesters shout slogans at a barrier blocking a demonstration in Sanaa

Yemeni Presidential palace shelled, Saleh wounded

Missiles struck the palace of Yemeni President Ali Abdullah in Sana’a on Friday, wounding the president and three senior officials. National security council spokesman Tommy Vietor said the U.S. is monitoring reports that Saleh was wounded, but could not confirm it.
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Wal-Mart seeks to reassure investors on growth

Wal-Mart Stores Inc is trying to reassure employees and investors on Friday that the company can reach out to shoppers online, on their phones and in small and large stores to drive growth.
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Stocks set to tumble at open after payrolls data

Stock index futures pointed to a drop of more than 1 percent at the open on Friday after a dismal report on the labor market appeared to confirm recent data signaling the economy recovery was weakening.
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Employment growth brakes sharply in May

Employment rose far less than expected in May to record its weakest reading since September, while the jobless rate rose to 9.1 percent as high energy prices and the effects of Japan's earthquake bogged down the economy.

Former senator John Edwards to be indicted on federal charges

Federal prosecutors are expected to indict former United States Senator John Edwards on charges he violated campaign finance laws while trying to cover up an extramarital affair during the 2008 presidential campaign Friday, according to a person with information regarding the investigation.
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Futures lower ahead of payrolls report

Stock index futures fell on Friday, with many investors expecting the May payrolls report to show more weakness in the economy, confirming recent data signaling the economic recovery is faltering.
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Futures fall ahead of payrolls report

U.S. stock index futures fell on Friday, with many investors expecting the May payrolls report to show more weakness in the economy, confirming recent data signaling the economic recovery is faltering.

Netizens speculate next target as hackers rule corporations world over

Hacker attacks, real and fake claims on who hacked and who didn’t, and to top it all, speculation regarding who is going to be the next target. While distressed corporations that have been victims of these virtual hooligans in recent days struggle to restore order and gain back control over the dwindling shares, people across the world debate on the next likely target.
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Lenovo buys German computer seller Medion

Chinese computer maker Lenovo Group Ltd's has agreed to buy Germany's Medion AG in a deal valuing the electronics retailer at up to $900 million, to boost its market share in Europe.

Will Apple iPhone 5 ever beat Android?

There is immense buzz in the market over the features, form and release date of the next generation iPhone from Apple, ahead of Apple's Worldwide Developer Conference (WWDC) that kick starts in San Francisco next Monday. Fans have kept fingers crossed as to what CEO Steve Jobs will tell them about the next generation iPhone.

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