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U.S. business group warns of swine flu absenteeism

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The U.S. Chamber of Commerce on Friday offered companies new guidelines for coping with the H1N1 swine flu pandemic, warning that employers could face crippling absenteeism as the U.S. flu season takes hold.

July home prices up 0.3 percent, off 4.2 percent in year

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U.S. single-family home prices rose by a seasonally adjusted 0.3 percent in July from June but were 4.2 percent lower than a year earlier and 10.5 percent below their April 2007 peak, the Federal Housing Finance Agency said on Tuesday.
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Israeli troops shoot dead Palestinian motorist

Troops shot dead a Palestinian motorist in Israel on Tuesday, saying he failed to stop at a border checkpoint coming from the West Bank and later drove at soldiers seeking to detain him at a fuel station.
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John Turturro revisits Sicilian roots

I don't think a people can exist without a memory of its traditions, John Turturro says in Rehearsal for a Sicilian Tragedy, a personal tour of Sicilian traditions, his family origins and a project he's been developing for years.
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Canada commercial lending risk below U.S.- PayNet

Canada's commercial lending industry is healthier than its U.S. counterpart, with fewer borrowers behind on payments and other signs an economic recovery is under way, according to a survey by PayNet Inc.
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Wall Street to open up as commods rise on weak dollar

U.S. stock index futures pointed to a higher open for Wall Street on Tuesday as the U.S. dollar hit a 1-year low against the euro ahead of the start of a Federal Reserve policy meeting, boosting oil and metals prices.
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GE CEO to test new management model in India

General Electric Co plans to test a new management model in India that the largest U.S. conglomerate believes will help it flourish through a long period of sluggish post-recession growth in developed markets.
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Lowe's backs fiscal-year view, might incur charges

No. 2 U.S. home improvement chain Lowe's Cos Inc backed its outlook on Tuesday for the year ending Jan. 29, but said it might have to recognize impairment charges related to operating stores in the second half of the period.
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Credit Suisse says take profits from Dell; add HP

Credit Suisse downgraded Dell Inc to neutral raising concerns over the company's acquisition strategy, and recommended investors take profits from Dell stock but add positions in Hewlett-Packard Co, Apple Inc and EMC Corp.
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FOREX-Dollar hits 1-year low vs euro before Fed, G20

The euro hit a one-year high against a sliding dollar on Tuesday as dealers resumed selling the U.S. currency following its rise the previous day, while markets awaited a Federal Reserve policy decision and Group of 20 summit later in the week.
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White House targets insurers over healthcare premiums

The White House kept insurance companies squarely in its sights on Tuesday in the push for healthcare reform by releasing research showing that health insurance premiums have risen far faster than inflation in every U.S. state.
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Ford to announce 3rd China car plant: source

Ford Motor Co and its Chinese partner will announce plans on Friday for their third car manufacturing plant in China, where sales may soon outpace its existing capacity, an industry source said on Tuesday.
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Stock futures signal gains; eyes on Fed

Stock futures pointed to a higher opening on Wall Street on Tuesday, with futures for the S&P 500 up 0.7 percent, Dow Jones futures up 0.6 percent and Nasdaq 100 futures up 0.7 percent at 4:56 a.m. EDT.
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World stocks climb again

World stocks climbed and the dollar fell on Tuesday ahead of the Federal Reserve's two-day policy meeting, with investors' search for higher returns reflected in the New Zealand dollar's surge to 13-month highs.
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Oil rises above $70, traders seek demand recovery signs

Oil rose above $70 a barrel on Tuesday in a technical rebound after its 3.2 percent decline in the previous session, as traders watch for clues to the health of the global economy from a U.S. Federal Reserve meeting and a summit of G20 nations this week.
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Asia stocks edge up, dollar runs out of steam

Asian shares edged higher on Tuesday, helped by gains in South Korean technology shares, while the New Zealand dollar surged to a 13-month high on signs of a recovery in prices for the country's key dairy exports.
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U.S. charges Obama fund-raiser in $290 million fraud

Hassan Nemazee, a fund-raiser for Barack Obama, Hillary Clinton and other Democrats, has been indicted for defrauding Bank of America, HSBC and Citigroup Inc out of more than $290 million in loan proceeds, U.S. prosecutors said on Monday.

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