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Groundhog Day 2010 Live Webcast (Full info)

On February 2, 2010 - halfway point between the Winter Solstice and the Spring Equinox- will be celebrated the Groundhog Day in Punxsutawney, Pennsylvania, an annual event in the United States that is said to predict the weather for the rest of winter.

Economists: Jobs fix won't be quick

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President Barack Obama's job-creation program could produce a short-term political boost, but it's unlikely to significantly stem job losses and reduce the unemployment rate anytime soon, according to economists.

Philly Fed factory index falls in January

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Factory activity slowed more than expected in the U.S. Mid-Atlantic region in January, paring expectations of manufacturing's role in helping a U.S. economic recovery, a survey showed on Thursday.
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Stocks fall on bank results, IBM forecast

U.S. stocks fell on Wednesday as quarterly results from three big U.S. banks raised concerns about the stability of the sector and analysts questioned IBM's profit forecast.
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Wall Street flat before earnings season's start

Stocks were treading water on Monday after a week of gains as investors waited for the start of an earnings season that will show whether profits and outlooks will be strong enough to extend stocks' advance.
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Wall Street pauses before start of earnings

U.S. stocks paused on Monday after a week of gains as nervous investors braced for the start of earnings reporting, worried if profits and outlooks will be strong enough to extend the market's advance.
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UBS whistleblower in prison, court rules on files

The chief whistleblower in the UBS AG tax secrecy probe entered prison to serve a sentence he considered unfair, hours after a Swiss court ruled the bank should not have been forced to turn over client files to government investigators.
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Ex-McKinsey exec: Rajaratnam paid $1.75 million for tips

A former director of McKinsey & Co told a court on Thursday that Galleon hedge fund founder Raj Rajaratnam paid him $1.75 million in exchange for tips on clients of the consulting firm, giving prosecutors potentially more ammunition in the insider-trading case.
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Police Woman TV producer David Gerber dies, age 86

Award-winning television producer David Gerber, who worked on a range of programs from series like 1970s hit Police Woman to 2006 TV movie Flight 93, has died at age 86, his spokesman said on Tuesday.
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Dominion says to go ahead with natural gas unit sale

Power company Dominion Resources Inc said it will continue with the sale of its Pennsylvania natural gas unit to a subsidiary of private equity firm SteelRiver Infrastructure Fund North America for $780 million.
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New year, old worries for U.S. stocks

U.S. stocks closed out 2009 with the best performance in six years, but monthly employment figures in the first week of the new year will keep investors focused on what is likely to be 2010's reality -- the economy's struggle to recover.
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5 Most Unique New Year’s Eve Drops

Can't make it to the dropping of the ball in New York City's Times Square on New Year's Eve? Don't worry, there might be one closer to home and far more interesting to boot.
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Air pollution may lessen asthma inhaler benefits

Air pollution, which tends to inflame the airways in people with asthma, might also reduce the effectiveness of the rescue inhalers they count on for quick relief of their asthma symptoms, study findings hint.
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Egypt's Orascom Telecom says Link sale on hold

Egypt's Orascom Telecom (ORTE.CA) (ORTEq.L) said on Monday it had suspended talks on the sale of its internet subsdiary LINKdotNet until it resolves a dispute with France Telecom FTA.PA.
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Tower Bancorp to buy First Chester for $65 mln

Tower Bancorp Inc (TOBC.O) agreed to buy First Chester County Corp (FCEC.O) for about $65 million, or $10.22 per share, in an all-stock deal to expand into southeastern Pennsylvania, the companies said.
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Simmons Bedding financiers seek Chinese bidder: report

A group of financiers is trying to put a U.S. mattress maker now under bankruptcy court protection into play by encouraging Chinese bidders to top an already arranged offer for Simmons Bedding Co. , the Wall Street Journal reported late on Saturday.
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Q+A: Environmental fears over U.S. shale gas drilling

PHILADELPHIA - The boom in shale natural gas drilling has raised hopes the United States will be able to rely on the cleaner-burning fuel to meet future energy needs. But concerns about its impact on water quality could slow the industry's ability to tap this bountiful resource.
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FACTBOX: Shale gas stirs energy hopes, environment concerns

The boom in shale natural gas drilling has raised hopes the United States will be able to rely on the cleaner-burning fuel to meet future energy needs, but concerns about its impact on water quality could slow the industry's ability to tap this bountiful resource.
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One percent of U.S. children have autism: study

Autism, a brain disorder that interferes with communication and social skills, affected an estimated one in 110 American 8-year-olds in 2006, according to a federal study released Friday.
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Ultra Petroleum to buy assets in Marcellus Shale

Ultra Petroleum Corp (UPL.N) said it would pay about $400 million to an unnamed private company to buy a stake in the burgeoning U.S. Marcellus Shale region, the latest oil and natural gas explorer to expand its footprint in the area.
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Citi could face heavy U.S. influence for some time

Citigroup Inc's Vikram Pandit endured a brutal capital raising episode this week in an effort to win the bank's freedom from close government oversight, but the bank's CEO may have won less than he hoped.

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