UNITED STATES

Obama courts Republican support on jobs, deficit

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President Barack Obama sought common ground with Republicans on Tuesday on his top policy priorities of job creation and deficit reduction, winning hints of support in both areas but a rebuke on healthcare reform.
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McDonald's January global sales up, U.S. lags

McDonald's Corp beat expectations with a 2.6 percent increase in January sales at established restaurants, as overseas results overcame a sluggish performance in the United States.
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McDonald's January same-store sales rise

McDonald's Corp posted an expectations-topping 2.6 percent increase in January sales at established restaurants, as overseas results overshadowed a sluggish performance in the United States.
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China officers urge economic punch against U.S.

Senior Chinese military officers have proposed that their country boost defence spending, adjust PLA deployments, and possibly sell some U.S. bonds to punish Washington for its latest round of arms sales to Taiwan.
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U.S. consumer confidence falls in February

U.S. consumer confidence fell in February to near a level seen at the beginning of the recession, as high unemployment and some stock market weakness sapped January's optimism, a research group said on Tuesday.
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McDonald's January same-store rise

McDonald's Corp posted an expectations-topping 2.6 percent increase in January sales at established restaurants, as overseas results overshadowed a sluggish performance in the United States.
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Wall St higher on Greece hopes as commodities lead

U.S. stocks rose on Tuesday, led by commodity-related stocks, as speculation Greece would get help from the European Union to cut the country's deficit weakened the U.S. dollar, lifting prices of oil and basic materials.
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G7 outlook upgraded, but lags emerging stars

The world's richest economies are set to grow faster this year than forecast a month ago, although the latest Reuters economic outlook showed the upturn will be feeble in comparison to resurgent emerging market peers.
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Molson Coors profit misses estimates

Molson Coors Brewing Co reported a lower-than-expected quarterly profit on Tuesday, weighed down by weak volumes across all markets and cost inflation in the United States and Britain.
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U.S. to continue investigation into Toyota Prius

The U.S. government will continue its investigation into 2010 Prius hybrids over braking complaints even though Toyota Motor Corp has announced a recall of that model, the Transportation Department said on Tuesday.
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Iran says starts making 20 percent nuclear fuel

Iran began making higher-grade nuclear fuel on Tuesday, state television reported, and the Pentagon said the United States wanted a U.N. Security Council resolution on Iran within weeks over its nuclear program.
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G7 outlook upgraded but lagging emerging stars

The world's richest economies are set to grow faster this year than forecast a month ago, although the latest Reuters economic outlook showed the upturn will be feeble in comparison to resurgent emerging market peers.

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