UNITED STATES

Freddie Mac redoubles loan modification efforts

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Freddie Mac, a dominant provider of housing finance money, sees tough times ahead for the U.S. residential market, even as government programs seek to soften the foreclosure crisis, two top Freddie executives told Reuters.
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Honduras rivals to discuss Zelaya return post-coup

The rivals in Honduras' political crisis open new talks on Tuesday to discuss the proposed return of ousted President Manuel Zelaya, a thorny issue that could derail the fragile negotiations altogether.
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Healthcare overhaul poised for big step forward

U.S. President Barack Obama's push for sweeping healthcare reform was poised to clear a key Senate hurdle on Tuesday, opening a new phase in the raging debate over his top domestic priority.
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Dollar Thrifty cuts Chrysler purchases, costs

Dollar Thrifty Automotive Group Inc (DTG.N) said on Monday it would slash its 2010 car rental purchases from Chrysler and that its average fleet costs had stabilized at levels it hoped to maintain next year.
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Voluntary CO2 market not netting emissions cuts

The market for companies choosing to offset their carbon footprints is not achieving meaningful emissions cuts yet, market players said at a carbon industry conference in London on Tuesday.
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Siding with U.S., BarCap warns on AAU carbon trade

Extending the trade in sovereign emissions rights into a new global climate pact could deter investment in clean energy projects post-2012, Barclays Capital said on Tuesday, siding with the U.S. view on the matter.
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BofA agrees to give more details on Merrill

Bank of America Corp agreed to give federal authorities more information about why it refrained from disclosing details about Merrill Lynch's performance before it bought the investment bank, U.S. regulators said on Tuesday.
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China auto market likely to slow after record 2009

Chinese car sales soared to a record in recent months on government incentives, but the same money tap that turbocharged sales could easily be turned off in 2010 if Beijing frets about an overheating economy.
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RioCan mulls acquisition in United States: report

RioCan, the largest real estate investment trust in Canada, is getting closer to a major move into the United States -- even getting RBC Dominion Securities' opinion on a potential deal, the Financial Post reported on Monday.
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Johnson Controls sees higher FY sales, earnings

Johnson Controls Inc said on Tuesday that it expected higher sales in each of its divisions next year as global auto production recovers, U.S. stimulus efforts pay off and emerging markets improve.
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GM CEO says possible to sign Opel deal this week

General Motors Co GM.UL may finalize a deal this week to sell a majority stake in its European carmaking arm Opel to a Canadian-Russian consortium, its chief executive said on Tuesday, as the firm sheds unwanted brands.
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Cargill first-quarter profit falls on Mosaic results

U.S. agribusiness and trading company Cargill Inc reported a 65 percent drop in quarterly profit on Tuesday, hurt by plunging earnings at fertilizer maker Mosaic Co, in which Cargill is the majority shareholder.
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Sidewalks, parks, farm markets cut diabetes risk

People who live in neighborhoods with safe sidewalks, ample parks, good public transportation and ready access to fresh fruits and vegetables are 38 percent less likely to develop diabetes than others, U.S. researchers said on Monday.

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