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FOREX-Dollar rises vs yen as US jobs data boosts optimism

The dollar soared against the yen on Friday after a government report showed U.S. employers cut fewer jobs than expected last month, boosting hopes a U.S. economic recovery was on track. The renewed optimism also encouraged investors to buy stocks and high-yield currencies such as the Australian and New Zealand dollars, while the euro rose as concern about Greece's debt crisis ebbed after Thursday's successful debt auction.

GE's Immelt declines bonus, total pay nudges up

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General Electric Co Chairman and Chief Executive Jeffrey Immelt declined a bonus for a second consecutive year, but his total compensation rose slightly from 2008, largely reflecting a change in pension values.
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GM to restore U.S. dealers after arbitration: sources

General Motors Co will begin notifying some of its 1,160 U.S. dealers marked for shutdown that their franchises will be restored after congressionally mandated arbitration, two sources briefed on the matter said on Friday.
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Upper-income households report less distress

Sentiment of U.S. households in the top fifth of the income distribution improved in early 2010 compared with 2009, but worries over personal finances persist, a survey showed on Friday.
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US gold rises on oil rally after jobs report

New York gold futures rose on Friday, boosted by an oil rally and as the dollar cut initial gains following February's U.S. non-farm payrolls report.* For the latest detailed report.
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Oil hits seven-week high above $82 on jobs report

Oil rose to a seven-week high above $82 a barrel on Friday after a report showed the United States lost fewer jobs than expected in February and on signals China will maintain its economic stimulus measures.
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iPad to hit U.S. stores April 3

Apple Inc said the first iPads will be in U.S. stores on April 3 and hit nine international markets from Japan to the United Kingdom later in April.
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Stocks climb on solid February jobs data

U.S. stocks rose on Friday as data showed U.S. employers cut a smaller number of jobs than expected last month, signaling a continued recovery in the economy.
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Stocks extend gains on jobs data, Apple

U.S. stocks extended gains on Friday after data showed U.S. employers cut a smaller number of jobs than expected in February, bolstering views the economy was on the brink of creating jobs.
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White House cranks up pressure for health reform

(Reuters) - The White House ratcheted up its push for a quick healthcare vote in the U.S. Congress on Thursday, criticizing rising health insurance premiums at a meeting with top industry executives and wooing key lawmakers.
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Iraqi leaders wind up election campaign

Iraqi politicians made their last pitches to voters on Friday before a parliamentary poll that al Qaeda-linked militants have sworn to derail with violence.
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China's Wen says seeks peace, trade deal with Taiwan

China said on Friday it wants to sign a broad economic agreement with Taiwan, which would slash import tariffs and open the banking sector, as part of a drive to promote peaceful ties with the self-ruled island.
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Travelers from Haiti bringing malaria to U.S.

(Reuters) - Health experts watching for signs of a malaria outbreak have noticed several cases of the mosquito-borne disease among people traveling back from Haiti, where an earthquake in January killed as many as 300,000 people.
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UK PM Brown says Iraq War was justified

British Prime Minister Gordon Brown told an official inquiry into the 2003 invasion of Iraq on Friday that going to war had been the right decision and that he had provided the necessary funding for military action.
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Obesity and depression are a two-way street

There is a reciprocal association over time between depression and obesity, Dr. Floriana S. Luppino, of Leiden University Medical Center, the Netherlands, told Reuters Health by email.
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Toyota sued over deaths in key California crash

Relatives of a California state trooper and three family members whose fatal car wreck helped spark Toyota's wide-ranging safety recall have sued the automaker for defects they say caused the vehicle to speed out of control and crash.
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Ford to tout fuel economy of new Mustang

Ford Motor Co, aiming to take back the top spot in U.S. sports car sales, will tout the improved fuel economy of the Mustang in a marketing blitz to correspond with the release of 2011 model this spring.
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Feb payrolls fall 36,000, weather impact unclear

U.S. employers cut a smaller than expected 36,000 jobs in February, leaving the unemployment rate unchanged at 9.7 percent, according to a government report on Friday which said it was unclear how severe weather had impacted payrolls.

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