UNITED STATES

Bernanke seen winning second term

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The U.S. Senate on Thursday looked poised to narrowly approve Ben Bernanke's nomination to a second term running the world's most powerful central bank, despite misgivings over perceived policy missteps.
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Apple pitches $499 iPad, takes on Amazon

Apple Inc CEO Steve Jobs took the wraps off a sleek tablet that it called the iPad, pitching the new gadget at a surprisingly low price to bridge the gap between smartphones and laptops.
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Economists: Jobs fix won't be quick

President Barack Obama's job-creation program could produce a short-term political boost, but it's unlikely to significantly stem job losses and reduce the unemployment rate anytime soon, according to economists.
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The state of small business

After spending most of his first year in office focused on Wall Street, President Obama tried to reconnect with disenchanted Main Street voters in his first State of the Union address.
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Stocks slammed as risk appetite ebbs

U.S. stocks slid further on Thursday, sending the Nasdaq index down more than 2 percent, as the appetite for riskier assets ebbed and materials and technology shares slumped.
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Startpage launches anonymous Web search service

Search-engine company Startpage launched a service allowing users concerned about privacy to carry out Web searches and click on linked pages without being identified, tracked or recorded.
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Durable goods orders climb while jobless claims dip

New orders for long-lasting U.S. manufactured goods edged higher last month and the number of workers filing applications for jobless aid fell last week, indicating the economy remains on a steady recovery path.
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Fall in new home sales fans fears on recovery

Sales of newly built single-family homes fell unexpectedly in December as the bounce from an initial tax credit fizzled, the latest sign that the government-led housing recovery might be losing some steam.
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Ford posts first full-year net profit since 2005

Ford Motor Co reported 2009 earnings of $2.7 billion on Thursday, its first full-year profit since 2005, and said it expects a 2010 profit amid market share gains and a slow U.S. auto sales recovery.
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Markets fall on data, but P&G results limit losses

U.S. stocks fell on Thursday after weaker-than-expected data on durable goods and jobless claims fueled uncertainty about the economy's recovery, and outlooks from Motorola and Qualcomm hit tech shares.
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Toyota safety recall spreads to Europe, China

Toyota Motor Corp extended its safety recall of millions of its most popular cars to Europe and China on Thursday in a further blow to the reputation of the world's largest auto maker.
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Toyota extends massive safety recall to Europe

Toyota Motor Corp is extending to Europe the recall of millions of its most popular cars due to dangerous accelerator pedals, a further blow to the reputation of the world's largest car maker.
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Nokia, Motorola boast rising smartphone sales

New models from Nokia and Motorola Inc helped them recapture market share in the lucrative smartphone sector, lifting both firms' results above expectations for the fourth quarter.
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Dec durable goods orders up, jobless claims dip

New orders for long-lasting U.S. manufactured goods rose last month and the number of workers filing applications for unemployment aid fell last week, indicating the economy remains on a steady recovery path.
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MBA students see signs of job market thaw

Students at one of America's top business schools see evidence that high-technology, startup and alternative energy companies will hire more actively this year after a difficult 2009 for graduates.
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Stock futures up after Obama speech, Procter, Ford earns

U.S. stock index futures were higher on Thursday in the wake of President Barack Obama's State of the Union speech, which had no new plans to tighten Wall Street oversight, and after strong results from Procter & Gamble and Ford.

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