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Stanford moved to federal lockup in Houston

A federal judge on Monday agreed to move accused swindler Allen Stanford to a federal lockup in downtown Houston to be closer to his attorneys, who are sifting through over 4 million documents in his case.

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U.S. nonfarm payrolls decline seen slowing in Sept

U.S. non-farm payrolls for September probably fell by the smallest amount in a year, more proof the economy is pulling out of recession, but the jobless rate likely ticked up, according to a Reuters survey.
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FDA eyes possible risk with iron drug

U.S. health officials are looking into whether patients with a certain bone marrow disorder are more at risk for death and serious complications with the drug Exjade, made by Novartis AG.
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Takeover optimism drives Wall Street higher

Stocks rallied on Monday, snapping a three-day losing streak, as a spurt of corporate takeovers in the technology and health-care sectors fueled optimism about share values.
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Court reinstates Alaska smoker case vs Altria

A U.S. appeals court on Monday reinstated an Alaska lawsuit against Altria Group Inc's Philip Morris USA by the survivor of a deceased smoker, saying her state product liability claims were not preempted by federal law and should have been tried in state court.
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Obama team clears 75 at Guantanamo for release

An Obama administration task force has so far cleared 75 of the remaining 223 Guantanamo prisoners for release as part of its effort to close the detention camp, a military spokesman said on Monday.
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Canada outranks U.S. in healthcare report card

Canada outperforms the United States in health outcomes but is well behind global leaders like Japan in overall health of its population, a Canadian report released on Monday showed.
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US court reinstates Alaska smoker case vs Altria

A U.S. appeals court on Monday reinstated an Alaska lawsuit against Altria Group Inc's Philip Morris USA by the survivor of a deceased smoker, saying her state product liability claims were not preempted by federal law and should have been tried in state court.
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BofA, execs owe billions in lawsuit, Ohio says

Investors in a class-action lawsuit against Bank of America Corp over the Merrill Lynch & Co takeover are trying to collect billions of dollars in damages, Ohio's attorney general said on Monday.
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Exelon to quit U.S. Chamber of Commerce over climate

Exelon Corp, the largest nuclear power operator in the United States, on Monday became the latest U.S. power company to say it will leave the Chamber of Commerce over that group's opposition to the climate bill.
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Abbott, J&J strike deals, boost vaccines

The world's two largest diversified healthcare companies struck deals on Monday that will propel them into vaccines, a red-hot area for investors because of the pandemic flu threat and potential high profits for preventing other diseases.
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Corporate takeover news lifts Wall Street

U.S. stocks rose on Monday, halting a three-day losing streak, as a spurt of corporate takeovers in the technology and healthcare sectors fueled optimism about share values.
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Guitar maker draws buyers, cult-like following

Three decades after defying the odds and persuading Carlos Santana to try out his hand-built guitar, Paul Reed Smith's quest for perfect tone is still reeling in enthusiasts from all over the world.
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Honduran troops shut down pro-Zelaya media

Honduras' de facto government sent troops on Monday to shut down two media stations loyal to ousted President Manuel Zelaya, digging in to resist international pressure for his return to power.
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New York's economy seen lagging U.S. recovery

New York and New Jersey's economies will likely lag the United States' recovery from its deep recession, due to the importance of the hard-hit financial services sector for the region, economists at the New York Federal Reserve wrote in a report released on Monday.

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