UNITED STATES

Greenlight's Einhorn holds gold, says U.S. policies poor

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Hedge-fund manager David Einhorn, who warned about Lehman Brothers' precarious finances before it collapsed, said on Monday he's betting on rising interest rates and holding gold as a hedge for what he described as unsound U.S. policies.

Players kick off World Cup anti-malaria fight

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Footballers are teaming up with governments, companies and international health campaigners to push for action against malaria ahead of next year's World Cup finals in South Africa.
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Americans are working out cheaper, study shows

Economic hard times have Americans downsizing their workout equipment, trimming their workout budgets, and shifting their workout venues, according to a sporting goods industry survey.
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More investors overweight equities: Citigroup

Investors are becoming increasingly confident in holding equities as U.S. markets continue to make new yearly highs heading into the final months of 2009, according to a client survey by Citigroup.
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Bernanke warns on export-led growth in Asia

U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that pursuit of export-led growth by Asian nations could lead to a reemergence of global trade imbalances and undercut efforts to achieve more durable growth.
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Bernanke cautions on risks from imbalances

U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that Asian policies promoting exports could lead to a reemergence of imbalances in trade and capital flows, which some believe helped fuel the U.S. housing bubble.
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Gannett quarterly profit and ad revenue sink

Gannett Co Inc, the largest U.S. newspaper publisher, reported a lower quarterly profit that beat market forecasts on Monday because of cost cuts, while revenue fell because of a 28 percent drop in publishing advertising sales.
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Wall St rises on earnings optimism

U.S. stocks rose on Monday, buoyed by investor optimism over the strength of earnings season at the beginning of a busy week for corporate results.
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Drug feud shooting kills 8 in Puerto Rico

Hu shuli, the chief editor of Caijing, Chinese most influential magazine, may resign to launch a new venture after journal's Daphne Wu Chuanhui and nearly 70 employees, or more than two-thirds of the business department, had resigned.
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Gannett quarterly profit, ad revenue sink

Gannett Co Inc, the largest U.S. newspaper publisher, reported a lower quarterly profit on Monday and revenue fell because of a 28 percent drop in publishing advertising sales.
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China to move residents, keep lead smelters going

China plans to move 15,000 residents in its biggest lead smelting area away from the plants in order to allow them to keep operating, after tests showed over 1,000 children had excessive lead in their blood.
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Sprint to buy IPCS and suspend litigation

Sprint Nextel Corp plans to buy wireless affiliate iPCS Inc for about $426 million excluding debt, and the two companies have agreed suspend all litigation between them.
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Obama unveils new Sudan strategy

U.S. President Barack Obama on Monday unveiled a new strategy toward Sudan, offering incentives if the Khartoum government worked toward peace, but said it faced tougher steps if it failed to act.
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Wall St little changed; Hasbro falls

U.S. stocks were little changed on Monday, as investors digested a new batch of corporate earnings for signals about the potency of an economic recovery.
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Dollar holds near 14-month low vs euro

The dollar remained near a 14-month low against the euro on Monday as investors bet the Federal Reserve will hold U.S. interest rates near zero well into next year. The euro traded within half a cent of $1.50, a level not seen since August 2008, though analysts said investors would be on alert for any comments about excessive euro strength from a euro zone finance ministers' meeting later in the day.

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