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Apple's Jobs says must think big on cash hoard

Apple Inc CEO Steve Jobs said his company has to think big and its $40 billion cash hoard offers flexibility, suggesting that he had no immediate plans to spend the money on a share buyback or dividend.

Durable orders ex-transport slip, jobs data weak

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Demand for a wide range of U.S. manufactured goods unexpectedly fell in January, while new applications for jobless benefits rose again last week, suggesting a step back in the economic recovery.
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Durable goods orders slip, jobs data weak

New orders for long-lasting U.S. manufactured goods excluding transportation unexpectedly fell in January, while the number of workers filing for jobless benefits rose last week, suggesting a loss of momentum in the pace of economic recovery.
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Confidence sags on jobs worry; housing shaky

U.S. consumer confidence sagged to a 10-month low on worries about jobs while the housing market remains under strain, data revealed on Tuesday, underscoring the fragility of the economy's recovery.
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New senator helps Democrats advance jobs bill

A modest job-creation bill advanced in the Senate on Monday as the chamber's newest Republican bucked his party and sided with Democrats on a $15 billion package of tax cuts and highway spending.
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Schwarzenegger says Obama's stimulus created jobs

Arnold Schwarzenegger, California's Republican governor, defended Democratic President Barack Obama's stimulus plan on Sunday, saying 150,000 new jobs were created in his state thanks to the legislation.
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Jobs, prices data flag hurdles for economy

The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economic recovery.
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Ford to cut shift, 900 jobs at Michigan plant

Ford Motor Co on said on Tuesday it will eliminate the second shift at a Michigan assembly plant that builds the Ford Mustang and the Mazda 6 sedan, cutting about 900 jobs at the facility.
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L.A. budget crisis threatens jobs, credit rating

Los Angeles, the second-largest city in the United States, is confronting a mounting budget deficit that threatens to force thousands of job cuts, deplete its fiscal reserve and further damage its credit rating.
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U.S. Senate unveils long-awaited jobs bill

Lawmakers in the Senate unveiled a long-awaited bipartisan jobs bill on Thursday that relies on business tax breaks and construction projects to bring down the unemployment rate.
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Wall Street to open higher on Greece deal, jobs data

Wall Street was set to open higher on Thursday as key euro zone officials struck a deal to help Greece with its debt crisis, and U.S. data showed claims for first-time jobless benefits fell more than expected last week.
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Stock futures up with Greece, jobs data in focus

Stock index futures rose on Thursday with the spotlight on a European summit that could set the blueprint for aid to debt-laden Greece, while investors awaited data on the health of the labor market.
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Obama seeks common ground on deficit, jobs

President Barack Obama sought common ground with Republicans on Tuesday over his top priorities of job creation and deficit reduction, winning hints of support in both areas but a rebuke on healthcare reform.
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Obama courts Republican support on jobs, deficit

President Barack Obama sought common ground with Republicans on Tuesday on his top policy priorities of job creation and deficit reduction, winning hints of support in both areas but a rebuke on healthcare reform.
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Obama hopes to see jobs package in coming weeks

President Barack Obama, reaching out to lawmakers in both U.S. political parties, said on Tuesday he hoped Congress would soon deliver a package of measures to boost U.S. employment and economic growth.

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