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Obama sets new Afghan strategy

President Barack Obama on Monday was prepared to announce he will deploy about 30,000 more U.S. troops to Afghanistan as part of a new strategy that will stress a U.S. intention to ultimately exit the country.

Black Friday sales seen strong, but will it last?

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U.S. consumers turned out in strong numbers to hunt for holiday bargains on Black Friday, though many said they were spending selectively and industry executives questioned whether the momentum would last.
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Phish electrifies fans with marathon show

When tickets for Phish's Sunday night (November 22) show in Syracuse, N.Y., went on sale back in October, all 6,700 of them were gone in 15 minutes -- and with good reason. The last time Phish performed at the War Memorial arena was November 1994. Local fans were ready for another show, and the band was certainly ready to give it to them.
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Calpers mulls dumping BlackRock on real estate-WSJ

Calpers, the biggest U.S. public pension fund, is considering dumping asset manager BlackRock Inc as its real estate consultant, the Wall Street Journal said, citing people familiar with the matter.
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Stocks may sputter with Black Friday eyed

Stocks could sputter this week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.
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Stocks could sputter with Black Friday eyed

U.S. stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.
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Blackstone's Pinnacle to buy Birds Eye: report

Blackstone Group's Pinnacle Brands Corp is likely to buy U.S. frozen vegetable company Birds Eye Foods for more than $1.3 billion, the Wall Street Journal said, citing people familiar with the matter.
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Pressures on Fuel Ethanol Production Capacity

Capacity to produce fuel ethanol from corn nearly tripled between January 2006 and January 2009. However, over the past 18 months, a combination of surplus production capacity, the decline of gasoline prices from their mid-2008 peak level, and high corn prices that boosted producers' input costs have resulted in a sharp decline in ethanol margins. The combination of economic pressures on capacity led some producers to idle plants, and in some cases, file for bankruptcy.
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Five Free Things to See in the United States

It has been said the best things in life are free-and there is nothing like a free admittance sign to bring out the miser in even the most discerning traveler. Yes, vacations cost money. Everyone from
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NYSE member firms earnings hit record in first half

New York Stock Exchange member firms earned a record $35.7 billion for their broker-dealer operations in the first six months of this year, which is 1-1/2 times above the previous high-water mark set in 2000, the state comptroller said in a report on Tuesday.
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Idol champ Allen's CD reflects life on the road

American Idol champion Kris Allen, who once traveled the world on church missionary trips, took an equally wayfaring approach to record his new album, working in studios across the United States.
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Intel to pay AMD $1.25 billion, settle disputes

Intel Corp will pay rival chipmaker Advanced Micro Devices Inc $1.25 billion to settle all outstanding legal disputes, in a move that can hasten the resolution of Intel's antitrust troubles.
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Intel-AMD settlement won't change NY suit-source

The settlement agreement between Intel Corp and Advanced Micro Devices Inc does not change a lawsuit filed against Intel last week by New York Attorney General Andrew Cuomo, a source familiar with the matter said.
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Macy's holiday outlook a turkey, stock drops

U.S. department store operator Macy's Inc forecast earnings for the fourth quarter, which includes the crucial holiday shopping season, far below Wall Street expectations on Wednesday, sending shares down 8.1 percent.
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Ex-Bear Stearns hedge fund managers acquitted

Two former Bear Stearns hedge fund managers were found not guilty of fraud, a decision that could make government prosecutors less likely to bring criminal charges against Wall Street executives for their role in the financial crisis.

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