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U.S. says no new incentives for North Korea talks

The United States believes North Korea may be ready to resume talks on its nuclear program but will not offer any new inducements to get Pyongyang back to the negotiating table, a senior U.S. official said on Monday.

Chrysler/Fiat CEO OK with two hats for now

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Sergio Marchionne believes he can keep up his transatlantic commute for two years before something would have to be done about his dual role as head of Italy's Fiat and Chrysler.

EPA declares greenhouse gases a threat to humans

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The United States' Environmental Protection Agency ruled today that man-made greenhouse gases are deteriorating the natural balance of the planet's atmosphere, changing its climate and therefore threatening the health of Americans.
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Probe extended in U.S. insider trade case

Eight people charged in a coast-to-coast U.S. hedge fund insider trading investigation have at least one more month for possible resolution of their criminal cases, according to court records on Monday.
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SEC probing high-frequency strategies

The U.S. Securities and Exchange Commission will likely seek public input on so-called high-frequency trading strategies, and whether traders using them gain any special advantages by placing fast computers next to exchanges.
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Bernanke says economy improving, faces headwinds

Federal Reserve Chairman Ben Bernanke on Monday said the U.S. economy's recovery remained fragile and unemployment may be high for some time, cooling anticipation of an early increase in U.S. interest rates.
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S&P 500, Nasdaq close down as banks, tech weigh

The S&P 500 and Nasdaq ended slightly lower on Monday and the Dow was flat, reversing earlier gains, after comments by Federal Reserve Chairman Ben Bernanke sparked jitters about the economic recovery.
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U.S. greenhouse gas ruling sends message to world

The Obama administration's greenhouse gas ruling Monday was meant to send a warning to industry, the U.S. Congress, and the world: with or without a law, Washington will tackle global warming in a serious way.
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FACTBOX: Reaction to EPA's climate change declaration

Business groups reacted with alarm and environmentalists with applause to the U.S. Environmental Protection Agency's formal declaration Monday that greenhouse gas emissions endanger human health, clearing the way for federal regulation.
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Reaction to EPA's climate change declaration

Business groups reacted with alarm and environmentalists with applause to the U.S. Environmental Protection Agency's formal declaration Monday that greenhouse gas emissions endanger human health, clearing the way for federal regulation.
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MetLife sees 2010 operating earnings up 50 percent

MetLife Inc forecast 2010 earnings that could beat average Wall Street expectations, helped by cost cuts, improved investment returns and higher revenue, but said it did not see a return to historical growth levels until at least 2011.
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Wall St ends flat as investors weigh outlook

Stocks ended little changed on Monday as investors paused to gauge prospects for the U.S. economic recovery and interest rates after Federal Reserve Chairman Ben Bernanke said the economy faced formidable headwinds.
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U.S. EPA moves on emissions as Congress stalls

The U.S. Environmental Protection Agency formally declared that greenhouse gases endanger human health Monday, allowing President Barack Obama to show his commitment to act as a major climate change summit opened in Copenhagen.
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FACTBOX: Quotes from first day of Copenhagen climate talks

About 15,000 delegates from about 190 nations are meeting in Copenhagen from Dec 7-18 and have been tasked with agreeing immediate action to curb greenhouse gases and come up with billions of dollars in climate aid for poorer countries.
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SEC charges ex-New Century execs in subprime case

U.S. securities regulators on Monday charged three former executives at now-bankrupt lender New Century with fraud, the latest government attempt to bring bad actors in the subprime market to justice.
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MetLife sees '10 oper earns up 50 percent; shares up

MetLife Inc forecast fourth-quarter and 2010 earnings that could beat average Wall Street expectations, helped by cost cuts, improved investment returns and higher revenue, but said it did not see a return to historical growth levels until 2011 or 2012.
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Kaufman warns of commodities bubble

A bubble has formed in commodities as speculative fervor returns to markets after the global financial crisis, veteran Wall Street economist Henry Kaufman said on Monday.
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U.S. dollar falls as Bernanke affirms low rates

The dollar fell from four-week highs on Monday as Federal Reserve Chairman Ben Bernanke doused expectations the U.S. central bank would raise interest rates anytime soon. Bernanke said that while the U.S. economy has improved, the recovery remains fragile and the unemployment rate could remain high for some time. In remarks before the Economic Club of Washington, he added that he still sees an extended period of low rates. For his remarks, click on [ID:nN07169826].

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