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Continental posts fourth-quarter profit

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Continental Airlines posted a fourth-quarter profit on Thursday amid signs that demand for travel, especially among business travelers, was finally improving after a sluggish year.
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Obama to target excessive financial risk-taking

President Barack Obama, reeling from an election defeat in the Senate, will propose stricter limits on financial risk-taking on Thursday in a move that may recall Depression-era curbs on banks.
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Stock futures point lower ahead of Goldman results

Stock index futures pointed to a lower open on Thursday, ahead of a slew of earnings news, with futures for the S&P 500 down 0.04 percent, the Dow Jones industrial average 0.1 percent lower and the Nasdaq 100 futures down 0.2 percent.
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China growth worries weigh on emerging stocks

Developed and emerging equity markets diverged on Thursday with the latter falling on worries China will take more measures to temper growth after reporting its fastest quarterly growth in two years.
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Russia to boost navy over U.S. missile plans

Russia's navy will strengthen its Baltic fleet in response to U.S. plans to deploy Patriot missiles in Poland, Russia's state RIA news agency reported on Thursday, citing an unnamed senior navy official.
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AIG owes retention payouts to many ex-employees

A substantial number of AIG's Financial Products employees set to get some $195 million in retention payments no longer work with the bailed out insurer, sources familiar with the matter said on Wednesday.
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Google puts focus on China cyberwar fears

Google Inc's threat to quit China over cyber attacks and censorship highlights U.S. fears that a more powerful Beijing is tapping government and corporate computer networks to steal secrets and to prepare for potential conflicts.
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Oil remians below $78 in Asian trade

Global oil prices remained below $78 a barrel in Asian trade Thursday as the market awaits a crucial energy report from the US. Light sweet crude for March delivery was seen trading at $77.61 a barrel at 11.30 a.m while Brent crude was at $76.10 a barrel at the same time.
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Schwab prices offering at $19 a share

Charles Schwab Corp , the largest U.S. online brokerage, on Wednesday said it priced an offering of more than 26 million of its shares at $19 a share.
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New York Times will charge for news on website

The New York Times will make people pay for articles online starting next year, marking a big move by a prominent newspaper to find ways to survive on the Web as print subscriptions and advertising sales fall.
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FDIC geared up for busy year of bank failures

The U.S. agency charged with dismantling or selling off failed banks said it is equipped to deal with what it sees as a busy 2010, according to remarks to be delivered before Congress on Thursday.
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U.S. sales grow at Starbucks, shares rise

Starbucks Corp posted its first quarterly rise in U.S. same-store sales in more than two years, signaling that recession-weary consumers are spending more on small, daily luxuries.
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Wealth managers post mixed results

U.S. retail brokerages posted mixed fourth-quarter profits as higher merger and recruiting expenses offset growing management fees and a market-fueled increase in client assets.
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Exxon-XTO merger draws scrutiny from Congress

Several Democratic lawmakers on Wednesday expressed concern that the merger of Exxon Mobil and XTO Energy would reduce competition in the oil and gas industries and increase the use of a controversial drilling technique that could pollute water supplies.

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