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Thursday, December 1, 2011

DAI: Wall St edges lower before payrolls

Reuters
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12/1/2011
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LATEST NEWS
Wall St edges lower before payrolls
NEW YORK (Reuters) - Stocks treaded water on Thursday after the previous day's massive gains, but investors worry that recent strong data could set the market up for a selloff should Friday's jobs report fall short of hopes. | Full Article
Auto sales rise to near two-year high
December 01, 2011 04:04 PM ET
(Reuters) - Strong sales gains by major automakers, paced by Chrysler Group LLC and Volkswagen AG, put November U.S. auto sales on track to hit a two-year high as consumers returned to showrooms even without a big year-end sale. | Full Article
Mass. AG hits big banks with foreclosure lawsuit
December 01, 2011 02:43 PM ET
(Reuters) - The Massachusetts attorney general has filed a lawsuit against five large U.S. banks accusing them of deceptive foreclosure practices, a signal of ebbing confidence that a multi-state agreement can be worked out. | Full Article
ECB opens door to action, Sarkozy seeks new treaty
December 01, 2011 03:53 PM ET
BRUSSELS/TOULON, France (Reuters) - The new head of the European Central Bank signaled on Thursday it stood ready to act more aggressively to fight Europe's debt crisis if political leaders agree next week on much tighter budget controls in the 17-nation euro zone. | Full Article
AT&T says FCC "cherry-picks" facts in T-Mobile spat
December 01, 2011 02:22 PM ET
(Reuters) - AT&T Inc accused the U.S. communications regulator of being one-sided and cherry-picking facts when it issued a stinging rebuke of the company's plan to buy T-Mobile USA from Deutsche Telekom. | Full Article
US TOP NEWS
November chilled retailers stuck in a rut
December 01, 2011 02:44 PM ET
(Reuters) - Earlier hours and bigger promotions were the keys to success for several U.S. retailers in November, while chains that held fast to their same old holiday season strategies were dealt a blow. | Full Article
Factories growing despite global slowdown
December 01, 2011 01:47 PM ET
NEW YORK (Reuters) - U.S. factories shrugged off weakness in the global economy in November as manufacturing activity rose to its highest level in five months, a fresh sign the domestic economy was accelerating. | Full Article
Syria firms and VIPs sanctioned in "civil war"
December 01, 2011 04:28 PM ET
BEIRUT (Reuters) - The United States, European Union and Arab League blacklisted Syrian VIPs and companies on Thursday to force an end to the military crackdown on protesters challenging the rule of President Bashar al-Assad. | Full Article
NATO attack threatens war on militants: Pakistan
December 01, 2011 04:25 PM ET
ISLAMABAD (Reuters) - Pakistan, enraged by a NATO cross-border attack that killed 24 soldiers, could end support for the U.S.-led war on militancy if its sovereignty is violated again, the foreign minister said, warning that "enough is enough." | Full Article
Clinton offers Myanmar first rewards for reform
December 01, 2011 03:56 PM ET
YANGON (Reuters) - The United States will support more aid for Myanmar and consider installing an ambassador after an absence of some two decades, Secretary of State Hillary Clinton said on Thursday, offering the first rewards for reform. | Full Article
HEALTH NEWS
Obama raises U.S. goal on fighting AIDS
Insight: Diabetes breakthrough stalled in safety debate
FDA: Diabetes device plan may help patients faster
US senators seek details of Pfizer Lipitor deals
Children with HIV in Asia resistant to AIDS drugs
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