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Thursday, February 3, 2011

DAI: Wall Street edges up on retail sales

Reuters
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02/3/2011
News Good evening Pan
LATEST NEWS
Wall Street edges up on retail sales
NEW YORK (Reuters) - Stocks ended near the session's highs on Thursday, with investors favoring shares of retailers after encouraging chain-store sales raised confidence ahead of Friday's jobs report. | Full Article
Bernanke says growth, inflation still missing Fed goals
February 03, 2011 03:29 PM ET
WASHINGTON (Reuters) - The U.S. economic recovery still needs help from the Federal Reserve despite signs of improvement, the central bank's chairman Ben Bernanke said on Thursday. | Full Article
Top JPMorgan execs were warned about Madoff: trustee
February 03, 2011 04:17 PM ET
NEW YORK (Reuters) - JPMorgan Chase & Co executives were concerned that Bernard Madoff was running a Ponzi scheme, but they silently stood by for years to protect the bank's investments, the trustee for Madoff's investors said. | Full Article
Data points to stronger growth momentum
February 03, 2011 01:50 PM ET
WASHINGTON (Reuters) - Growth in the U.S. services sector in January was the fastest in more than five years, another sign the economy started 2011 on a solid footing, with measures of employment showing more strength. | Full Article
ISS backs call for Apple CEO succession plan
February 03, 2011 03:26 PM ET
SAN FRANCISCO (Reuters) - Influential investor advisory firm Institutional Shareholder Services has thrown its weight behind a shareholder proposal to require Apple Inc to disclose a succession plan for Chief Executive Steve Jobs. | Full Article
US TOP NEWS
Mubarak says resigning would bring chaos
February 03, 2011 04:15 PM ET
CAIRO (Reuters) - President Hosni Mubarak said on Thursday he wanted to quit but that he feared his resignation would bring chaos to Egypt, as protesters demanding an end to his 30-year rule clashed with his supporters on Cairo's streets. | Full Article
Judge finds Feinberg not independent of BP
February 03, 2011 08:29 AM ET
WILMINGTON, Delaware (Reuters) - The administrator of BP Plc's $20 billion fund to compensate victims of the Gulf oil spill is not independent and the oil company must refrain from calling him "neutral," a federal judge ruled on Wednesday. | Full Article
Retailers beat estimates and January storms
February 03, 2011 04:01 PM ET
NEW YORK (Reuters) - January sales at major U.S. retailers blew past analysts' expectations as shoppers braved snowstorms in an unexpected sign of consumer strength. | Full Article
House Republicans seek $32 billion in spending cuts
February 03, 2011 04:13 PM ET
WASHINGTON (Reuters) - Republican leaders in the House of Representatives will seek $32 billion in spending cuts this year as part of an initial bid to shrink record budget deficits forecast to hit $1.5 trillion this year alone. | Full Article
Dig-out and budget headaches after huge winter storm
February 03, 2011 02:27 PM ET
BOSTON (Reuters) - Cities across the United States dug out on Thursday from a snow and ice storm that stretched for thousands of miles (km) as air travel remained a mess and local officials struggled to make roads passable. | Full Article
HEALTH NEWS
Virginia to ask top court to review health law
Pay gap widening between male, female doctors
War dispatch: torn blood vessels growing problem
Senate panel backs patent overhaul bill
Senate rejects bid to repeal healthcare law
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