UNITED STATES

Fed earned $45 billion in 2009: report

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The Federal Reserve made record profits in 2009 and will return $45 billion to the Treasury, after its efforts to prop up the economy created a windfall for the government, the Washington Post reported.
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FAA calls for inspections of older Boeing 737s: report

The U.S. Federal Aviation Administration (FAA) has called for enhanced inspections of more than 130 older Boeing 737 planes, the Wall Street Journal said, citing a safety directive that is likely to be issued on Tuesday.
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BoA in talks to settle with Cuomo's office: report

Bank of America Corp is in talks with New York attorney general Andrew Cuomo's office to settle a probe on bonuses paid to Merrill Lynch executives, the New York Times reported, citing people with knowledge of the matter.
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Job woes, debt to curb retail comeback: experts

U.S. retailers are in for a much better year as the economy improves, but stubborn unemployment and high consumer debt levels will limit the extent of the recovery, industry experts said on Monday.
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U.S. judge rejects SEC bid to expand BofA complaint

A Manhattan federal judge on Monday rejected the U.S. Securities and Exchange Commission's effort to expand its lawsuit accusing Bank of America Corp of misleading shareholders over bonuses paid by Merrill Lynch & Co.
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Judge rejects SEC bid to expand BofA complaint

A Manhattan federal judge on Monday rejected the U.S. Securities and Exchange Commission's effort to expand its lawsuit accusing Bank of America Corp of misleading shareholders over bonuses paid by Merrill Lynch & Co.
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China data helps Wall St, Alcoa falls late

U.S. industrial shares lifted the Dow and the S&P 500 on Monday to new 15-month highs after China bolstered expectations the world economy would strengthen, but Nasdaq fell on profit-taking in tech stocks.
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Toyota sees US market at 11.5 mln cars in 2010

Toyota Motor Corp expects industrywide sales of 11.5 million light vehicles in the United States this year, said Jim Lentz, president and chief operating officer of Toyota Motor Sales, at the North American International Auto Show on Monday.
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Obama, Cuomo target Wall Street bonuses

The White House and New York's top prosecutor attacked excessive Wall Street bonuses, as the nation's biggest banks prepare to hand out awards critics say were made possible by taxpayer bailouts.
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Industrials lift market after China data

U.S. industrial shares lifted the Dow and the S&P 500 on Monday to new 15-month highs after China bolstered expectations the world economy would strengthen, but Nasdaq fell on profit-taking in tech stocks.
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Heineken buys FEMSA beers, cements Latam alliance

Heineken NV will buy the beer business of Mexico's FEMSA in a $5.7 billion deal that boosts the Dutch brewer's emerging-markets presence and cements an alliance with one of Latin America's biggest drinks firms.
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Tech shares fall but industrials cut losses

U.S. technology stocks fell on Monday as investors took profits after the Nasdaq hit a 16-month high on Friday, while shares of industrials buoyed the broad market after strong Chinese economic data.
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Microsoft pulls Office from own online store as 'sales ban' begins

Microsoft Corp. has pulled almost every version of Office from its own online store in compliance with a court order after a patent dispute with Canadian firm i4i. As of mid-day today, the only edition available from the Microsoft Store was Office Ultimate 2007, a $670 full-version suite.
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Ford sweeps awards in Detroit Auto Show, shares climb

Ford Motor Co. shares climbed on Monday as the company won the North American Car and Truck of the year awards for the 2010 Ford Fusion Hybrid and the 2010 Ford Transit Connect, respectively, at the 2010 Detroit Auto Show.

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