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Tech shares lift stocks; Cisco up after results

U.S. stocks jumped on Thursday after strong results from Cisco lifted technology stocks, and an expansion in business productivity and a fall in jobless claims encouraged investors about the economy.

Merkel, Obama agree to liaise on Opel, Germany says

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German Chancellor Angela Merkel has agreed with U.S. President Barack Obama to coordinate on the future of Opel after General Motors'surprise decision to keep the unit, a German government spokesman said on Thursday.
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Senate panel approves Democratic climate bill

The U.S. Senate Environment and Public Works Committee on Thursday approved a Democratic climate change bill that would require industry to cut emissions of carbon dioxide and other greenhouse gases 20 percent by 2020 from 2005 levels.
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Democrats wrestle with abortion on health bill

Democrats in the House of Representatives scrambled on Wednesday to iron out lingering concerns over abortion in a healthcare reform bill that was headed to a close and potentially historic weekend debate.
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Abbas says will not seek reelection: officials

Palestinian President Mahmoud Abbas said on Thursday he would not seek re-election in a vote planned for January, citing stalemate in peace talks with Israel, but Palestinian officials urged him to change his mind
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U.N. pulls out foreign staff from Afghanistan

The United Nations said on Thursday it would evacuate hundreds of its international staff from Afghanistan for several weeks due to deteriorating security, a sharp blow for Western efforts to stabilize the country.
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U.S. states, counties struggle to deliver H1N1 shots

States and counties will be struggling to vaccinate people against the swine flu pandemic well into December and January -- long after the first peak of the virus in the United States, officials said on Wednesday.
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U.S. spends most, but health quality lags

Americans are more likely than people in 10 other countries to have trouble getting medical treatment because of insurance restrictions or cost, an international survey of primary care doctors released on Wednesday found.
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China should halve CO2 emissions by 2050: U.S

China should roughly halve its greenhouse gas emissions by 2050 to keep the world on a safe climate path, the head of the U.S. delegation at U.N. climate talks in Barcelona said on Thursday.
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Sundance expands outside Utah for one night

Sundance Film Festival organizers on Wednesday unveiled plans for a one-night expansion of January's event to theaters in eight U.S. cities, hoping to encourage a discussion about the role art and cinema play in people's lives.
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Productivity at 6-year high, jobless claims fall

U.S. business productivity in the third quarter grew at the fastest pace in six years and new claims for jobless aid fell to a 10-month low last week, indicating the decline in labor market may be hitting bottom.
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October retail sales fall short for many

U.S. retail chains reported October sales that rebounded from the lows of a year ago but many failed to surpass Wall Street's boosted expectations as consumers spend selectively headed into the holiday season.
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Central banks lead subtle shift away from dollar

Central banks with trillions of dollars in reserves that are already stepping up euro and yen purchases will likely continue doing so in coming years, driven by worries over the stability of the greenback.
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Time Warner Cable quarterly profit falls

Time Warner Cable Inc posted a third quarter profit that beat expectations, as growth in sales of voice and Internet services overshadowed a decline in basic video subscribers, the company said on Thursday.
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New jobless claims fall to 10-month low

The number of U.S. workers filing new claims for jobless insurance fell more than expected last week to a 10-month low, government data showed on Thursday, pointing to a gradual improvement in the labor market.
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Monster US online jobs index edges up in October

Online job postings rose slightly in October, led by growth in health care and public companies, but the monthly employment gauge remained 20 percent below year-ago levels, a private research group said on Thursday.
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Senate approves jobless, housing aid

The Senate vote unanimously on Wednesday to extend aid for jobless workers and broaden tax breaks for homebuyers and businesses in a bid to breathe life into the struggling U.S. economy.

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