UNITED STATES

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Obama says boosting jobs is a top priority

President Barack Obama assured Americans on Monday that boosting jobs was a top priority, but gave no specifics about how to meet this goal that some economists say warrants more government spending.
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US commercial property pop mulled as trough nears

U.S. commercial properties getting clobbered today are likely to hit bottom in 2010 then claw back a third or more of their lost valuations over three years, according to a report by Maximus Advisors.
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In U.S., India PM touts nuclear deal, infrastructure

Indian Prime Minister Manmohan Singh said on Monday completing a 2005 U.S.-India nuclear cooperation deal would boost investment opportunities in his country, a hopeful sign for U.S. companies eyeing India's potential $150 billion market in power plants.
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Stocks rise as home sales feed optimism

U.S. stocks snapped a three-day losing streak on Monday as stronger-than-expected home sales data fueled optimism while a weaker dollar boosted commodity-linked stocks.
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Ferreros united in viewing Cadbury options -source

Italy's Ferrero family is united in its decision to look at options for British confectioner Cadbury, a source close to the family told Reuters, after newspapers reported a potentially deal-breaking division.
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Hacked Global Warming Emails Pose Further Legal Risk

Thousands of emails related to global warming from the Climate Research Unit at East Anglia University in the U.K were hacked into and posted online, with government representatives now calling for an independent inquiry into what is being dubbed, the Climategate.
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China attacks biased U.S. cyber-spying report

China on Monday accused a U.S. congressional advisory panel of bias for a report in which it said the Chinese government appeared increasingly to be piercing U.S. computer networks to gather useful data for its military.
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Stronger housing, weaker dollar boost Wall Street

U.S. stocks rose on Monday, with the S&P 500 on track to snap a three-day sell-off as stronger-than-expected home sales data fueled optimism about the economic recovery while a weaker dollar boosted commodity-linked stocks.
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Stronger housing, weaker dollar boost Wall St

U.S. stocks rose on Monday, with the S&P 500 on track to snap a three-day sell-off as stronger-than-expected home sales data fueled optimism about the economic recovery while a weaker dollar boosted commodity-linked stocks.
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Obama to meet advisers on Afghanistan

President Barack Obama on Monday added to his schedule an evening session with top advisers on Afghanistan as he closes in on a decision on whether to send thousands more U.S. troops.
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Tech Data Q3 beats, sees strong Q4 revenue

Technology distributor Tech Data Corp posted better-than-expected quarterly results, helped in part by tighter cost controls, and forecast strong fourth-quarter revenue, sending its shares to a year-high.
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Obama jobs forum to seek growth boost on the cheap

President Barack Obama's December jobs forum may be better at serving his political need to show the White House cares about sky-high U.S. unemployment, than discovering new ways to cheaply boost economic growth.
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Indonesia rejects world's third-largest emitter tag

A World Bank study that cited Indonesia as the world's third-largest emitter of greenhouse gases was wrong, an Indonesian report sent to the United Nations on Monday said, although it did not provide its own ranking.
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Home sales at 2-1/2 yr high

Sales of previously owned U.S. homes jumped last month to their highest level in more than 2-1/2 years, but a fall in an economic activity gauge was a reminder recovery from recession would be patchy.
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Campbell Soup raises outlook, shares edge up

Campbell Soup Co reported a higher-than-expected quarterly profit on Monday, helped by price increases and easing costs for ingredients including grains that offset a drop in sales.
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GM to present plan to fix Opel this week

General Motors will present a plan to European governments to save struggling carmaker Opel within days, a rescue set to cost 3.3 billion euros ($4.9 billion), those involved in talks said on Monday.
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Toyota sees China 2010 sales growth slowing

Toyota Motor said it expects its China sales growth to slow next year, after strong gains in 2009 fueled by government incentives aimed at boosting the national auto sector during the global downturn.
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GM sees China sales growth slowing in 2010

General Motors expects its China sales growth to drop dramatically in 2010 as the carmaker nears the end of a year of government stimulus-fueled growth in the world's biggest car market, the head of the company's China operations said on Monday.

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