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Honda cautious on full year as competition heats up

Honda Motor Co forecast a smaller-than-expected 10 percent rise in full year operating profit and warned of stiffer competition as Korean and U.S. automakers roll out models to rival its fuel-efficient line-up.
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Fed seen maintaining promise to keep rates low

The Federal Reserve is expected on Wednesday to repeat its vow to keep interest rates at rock bottom levels for an extended period while acknowledging that the U.S. economic recovery is getting stronger.
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Australian dollar outlook - 28/4/2010

The AUD has taken a dive overnight following announcements from credit rating agency Standard and Poors in relation to their credit ratings for both Portugal and Greece.
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Bank rule reform falls short again in Senate

Senate Republicans on Tuesday blocked a sweeping overhaul of banking rules for a second straight day as they sought to extract more concessions from Democrats eager to crack down on Wall Street.
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Migraine Sufferers Retreat to Dark Environment

Approximately 30 million people in the United States suffer from migraine pain, which is often described as a throbbing pain in one area of the head and is often accompanied by nausea, vomiting and other symptoms.
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S&P cuts Greek debt to junk, downgrades Portugal

Rating agency Standard and Poor's slashed Greek debt to junk status on Tuesday and also downgraded Portugal, as investors worried political pressures could block a multi-billion euro bailout of Greece.
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Icahn aims to help fix what is broken at Genzyme

If elected to the board of Genzyme Corp , billionaire investor Carl Icahn will work to understand and help the company fix what is broken, according to proxy documents filed on Tuesday with the U.S. Securities and Exchange Commission.
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Goldman CEO faces blistering attack over ethics

Goldman Sachs CEO Lloyd Blankfein faced a blistering cross-examination from U.S. lawmakers over why the investment banks' sales team felt they could sell securities to clients while believing they were crap and betting against them.
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Confidence up, home prices rise on annual basis

U.S. consumer confidence firmed to a 1-1/2-year high in April, while house prices rose in February on an annual basis for the first time in more than three years, in fresh signs of a strengthening economy.
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Greece woes, Goldman case sink Wall Street

U.S. stocks tumbled on Tuesday as downgrades of Greece and Portugal fueled fear about euro-zone economic stability, and a grilling of Goldman Sachs on Capitol Hill heightened the possibility of financial reform.
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Senate faces fresh vote on bank rule reform

A sweeping overhaul of banking rules appeared to be headed toward another roadblock in the U.S. Senate on Tuesday, although an influential Republican predicted it ultimately will pass the chamber.
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Five Charming US Cities

Quick. Name five of the busiest tourist towns in the US. Got it? Now, try to imagine how those cities looked years ago, before the influx of tacky souvenir shops and overcrowded buses, when mom and pop stores still adorned the main streets and where a familiar face greeted you at every corner.
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UAL, US Airways losses shrink on better demand

United Airlines and US Airways Group reported smaller quarterly losses that topped Wall Street estimates on Tuesday, signaling a recovery for an industry that endured sagging demand in the recent recession.
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Senators tell Facebook: tighten privacy policy

U.S. lawmakers told Facebook on Tuesday they were concerned about changes in its privacy policy that would allow personal information to be viewed by more than friends, and options on other websites that would allow third parties to save information about Facebook users and friends.
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Wall Street falls as euro-zone debt, Goldman weigh

U.S. stocks fell on Tuesday as downgrades of Greek and Portuguese debt reignited fears of defaults in the euro zone, while a grilling for Goldman Sachs on Capitol Hill raised the specter of tough financial reform.

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