UNITED STATES

Nissan Q3 down 15 percent, ups forecast to match consensus

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Nissan Motor Co's <7201.T> quarterly profit fell 15 percent on a stronger yen and sliding Japanese sales, but the decline was the slimmest among local automakers as a slew of new models helped Nissan beat the sector's growth in key markets.

DOE sets 1 million electric vehicles as target by 2015

 GE to host electric vehicle tour in US
The ambitious project of installing 1 million electric vehicles on American highways by 2015 is ambitious and also achievable based on steps already taken as part of the Recovery Act and additional policy initiatives proposed by President Obama, the US Department of Energy said in a statement today.
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Stocks slip after China hike

World stocks fell from this week's 29-month high on Wednesday as China's interest rate rise prompted investors to book profits, while general optimism over global growth sent 10-year U.S. bond yields to nine-month highs.
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Asian market reaction to China hike muted

Shares in Asian developed markets rose and the dollar and Swiss franc eased on Wednesday as investors bet that China's latest interest rate rise would not derail hopes of a sustained economic recovery.
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Harry & David survival in doubt

Harry & David Holdings Inc, the mail-order food company known for its fruit baskets and Moose Munch snacks, said on Tuesday it may go out of business unless it can agree with creditors on a plan to restructure its debt.
Citigroup

China's hostile audit raised Citi hackles: WikiLeaks

China used its regulatory powers to scour the books of Citibank Shanghai in a hostile and extraordinarily intrusive 2007 audit that appeared primarily aimed at controlling Citi's growth and uncovering its secrets to success, the bank's top China executive at the time told U.S. officials.
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Lawmakers say troubled by Nasdaq hack attacks

Two senior U.S. congressional Republicans said on Tuesday they were troubled by reports of computer hacking attacks on trading systems run by Nasdaq OMX Group Inc and asked for some answers.
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Fed officials see high bar for more bond buys

Two top Federal Reserve officials said on Tuesday they expect the central bank's $600 billion bond purchase program to run its full course, while a third said the central bank should seriously consider scaling it back.
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Calpers sues ex-Lehman execs over mortgage risks

Calpers sued a group of ex-Lehman executives and underwriters, alleging it bought over $700 million in bonds and Lehman stock without knowing the true condition of the now-bankrupt financial company.
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U.S. finds no defect in Toyota's electronic throttles

A U.S. government investigation showed no link between electronic throttles and unintended acceleration in Toyota Motor Corp vehicles, a victory for the world's top automaker battered by recalls over runaway vehicles.
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Fed's Lockhart says inflation still too low

U.S. inflation is still below the central bank's comfort levels and price rises for individual goods or services does not signal broader price pressures are around the corner, a top Federal Reserve policymaker said on Tuesday.
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ID theft down 28 percent in U.S. in 2010: Survey

The number of victims of identity theft dropped by more than a quarter in the U.S. last year, the largest annual fall on record, but individual victims lost more money on average than ever before.
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Dow rises for seventh straight day

The Dow notched a seventh straight day of gains on Tuesday, but light volume suggested that investors don't believe the more than five-month rally has the legs to keep going.

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