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Ally Financial Weighs Sale as IPO Looks Bleak

Ally Financial is weighing a sale of all or part of its auto lending and banking businesses, as an initial public offering looks increasingly remote and the U.S. government seeks to recoup some $17 billion in bailout money, sources familiar with the situation said.
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Stocks firm on Greek hopes, dollar up on data

World stocks rose near a six-month peak on Friday and the dollar hit a 3-1/2 month high against the yen as hopes for a long-awaited Greek bailout deal next week following on from strong U.S. data encouraged investors to buy riskier assets.
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Apple loses China smartphone market share in Q4

Apple Inc's share of China's smartphone market slipped for a second straight quarter in the fourth quarter of 2011 amid competition from Chinese vendors and as some consumers delayed purchases to wait for the iPhone 4S launch.
Keystone Pipeline, North Dakota

Keystone Pipeline Bill Passes House

The House of Representatives passed an energy bill Thursday that would wrest control of a permit for the controversial Keystone XL oil pipeline away from President Barack Obama, who has put the project on hold.
Realtor Mac McCollum stands in front of a foreclosed home in Bullhead City, Arizona

Rampant Foreclosure Abuses Suspected Across U.S.

A report this week showing rampant foreclosure abuse in San Francisco reflects similar levels of lender fraud and faulty documentation across the United States, say experts and officials who have done studies in other parts of the country.
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Gold Flatlines; Greece Bailout Hopes Support

Gold prices held steady on Friday, after optimism that Greece may soon secure an urgently needed bailout helped the metal recover from a one-week low hit in the previous session.
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Vale moves to spot ore pricing; sees ship solution

Vale , the world's largest iron ore producer, said on Thursday it is selling 80 percent of its ore using spot prices, nearly completing a historic shift to market-based pricing for the principal raw material used in steel.
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Nasdaq Looks to Congress to Win Market Reforms

Exchange operator Nasdaq OMX is trying to gain support for a legislative proposal that would give it a competitive edge over both rival exchanges and banks that operate anonymous trading venues known as "dark pools."
Apple iPad posters are seen at a dealership as a customer tries out an Apple Mac in Wuhan

FTC Warns App Makers to Protect Child Privacy

Apple Inc, Google Inc and their vendors must do more to protect children using iPhones and other mobile devices to read or play games, U.S. trade regulators said, and warned they may punish software makers that secretly collect data on kids.
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FTC warns app makers to protect kids' privacy

Apple Inc, Google Inc and their vendors must do more to protect children using iPhones and other mobile devices to read or play games, U.S. trade regulators said, and warned they may punish software makers that secretly collect data on kids.
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Payroll Tax Deal Heads for Congressional Passage

A deal to renew a payroll tax cut for 160 million U.S. workers through 2012 headed on Thursday toward congressional approval as Democratic and Republican leaders rallied support for the bipartisan agreement.
moinca lewinsky

Monica Lewinsky Back in Spotlight : Where is She Now?

Monica Lewinsky is back in the spotlight 14- years after she first made headlines for her affair with Bill Clinton. She is now the core focus of a highly anticipated four-hour PBS documentary about the former U.S President.
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CFPB targets debt collectors and credit bureaus

The new U.S. Consumer Financial Protection Bureau released a proposal to regulate about 200 debt collectors and companies that produce credit reports as part of an effort to extend its oversight beyond the banking industry.

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