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The World's Largest Cruise Ship

The world's largest cruise ship Oasis of the Seas has arrived in Florida, in the south eastern United States, to prepare for its first cruise ever scheduled for early December.

D.R. Horton results miss estimates

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D.R. Horton Inc , the No. 2 U.S. homebuilder, reported a much larger-than-expected quarterly loss on Friday, sending its shares down 13.5 percent even though it also said orders increased.

Cautious optimism as job losses slow in U.S. states

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The pace of job losses slowed in many U.S. states in October, and the unemployment rate slipped in hard-hit Michigan, the Labor Department said on Friday, hinting the recession may be easing in some areas.
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Fiat cannot keep all Italy plants open-CEO

Fiat SpA may have to close factories in Italy, given sharp falls in auto sales which have changed the sector dramatically, Chief Executive Sergio Marchionne said on Friday.
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Nomura Asset to suspend subscription of REIT fund

Nomura Asset Management said on Friday it will suspend new subscriptions of a popular U.S. REIT investment trust fund as heavy inflows from retail investors boosted its size beyond the appropriate level to manage the fund.
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Shoppers going green despite struggling economy

Despite the worst U.S. recession in decades, sales of organic and sustainable products have continued to grow, experts say, with shoppers willing to spend a few more dollars in a bid to become more green.
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JM Smucker brews Q2 beat with Folgers coffee

J.M. Smucker Co , best known for its peanut butter and jelly, posted higher-than-expected quarterly results, driven by strong margins at its Folgers coffee business, and raised its full-year profit outlook, sending its shares up 5 percent.
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U.S. dollar no longer a one-way bet

The one-way bet in the U.S. dollar that has lasted several months may be over for now despite distress over its malaise that has stretched from Washington to Paris.
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Colombia says will not be provoked by Venezuela

Colombia will not be provoked into armed conflict with Venezuela despite the neighboring country's aggressive rhetoric and its dynamiting of two cross-border pedestrian bridges, Colombia's defense minister said on Friday.
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EU names Belgian PM Van Rompuy as first president

European Union leaders named Belgian Prime Minister Herman Van Rompuy, who is little known outside his own country, as the bloc's first president on Thursday to lead efforts to make it more influential on the world stage.
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Ford to invest $1.2 bln to grow in Brazil-governor

Ford Motor Co plans to invest 2 billion reais ($1.15 billion) in Brazil through 2015, most of it on a plant in the northeastern Bahia state, to expand production and benefit from expected growth in Latin America's largest economy, the state governor said on BandNews radio on Friday.
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Obama in Asia - building block or bow?

Barack Obama's first presidential trip to Asia was also his first big step in recasting U.S. ties with a region in flux, and showed this will demand patience and compromise from a superpower used to pushing its weight around.
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State, local budget cuts a time bomb for U.S. jobs

Budget shortfalls pose a direct threat to millions of U.S. jobs, many in the private sector, as state and local governments lay off workers and cut spending on contracts and other business services, a think tank said on Thursday.
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Goldman holders seek bonus pool reduction: report

Some big Goldman Sachs Group Inc shareholders have asked the U.S. bank to cut what could be the biggest bonuses in its history to pass more profit onto investors, the Wall Street Journal reported on Friday.
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New guidelines push back age for Pap smears

Women in the United States should start cervical cancer screening at age 21 and most do not need an annual Pap smear, according to new guidelines issued on Friday that aim to reduce the risk of unnecessary treatment.
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Lou Dobbs mulls run for White House, Senate

A week after abruptly quitting his longtime job as a CNN television news host and commentator, Lou Dobbs said on Thursday he is considering career options including possible runs for the White House or U.S. Senate.
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John Kerry's daughter arrested in Hollywood

U.S. Senator John Kerry's elder daughter, Alexandra, who made a red-carpet splash at the Cannes film festival five years ago in a see-through dress, was arrested in Hollywood on Thursday on suspicion of drunken driving.
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Regulation, suspicion slow U.S. flu response: hearing

Vaccine makers praised the U.S. response to the swine flupandemic on Wednesday but said regulatory delays and public suspicion have held up innovative ways to speed and stretch the U.S. influenza vaccine supply.
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J.M. Smucker Q2 beats Street, raises FY EPS view

J.M. Smucker Co , best known for its peanut butter and jelly, posted higher-than-expected quarterly results, driven by strong margins at its Folgers coffee business, and raised its full-year profit outlook.

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