UNITED STATES

Airbus faces two more tough years: CEO

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The head of Airbus said in remarks published on Friday that the European planemaker faces two further difficult years and does not rule out making further production cuts if necessary to adjust to demand.
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Stock futures signal dip; Palm in focus

U.S. stock index futures pointed to a slightly lower open on Wall Street on Friday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.2 percent and Nasdaq 100 futures down 0.2 percent at 3:37 a.m. EDT.
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Asian shares pull back, dollar gains respite

Asian stocks retreated from 13-month highs on Friday and commodity prices dipped after data giving a conflicting picture about the strength of the U.S. recovery stopped investors from extending this week's rally.
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Spirit Air fined for alleged consumer violations

The U.S. government fined Spirit Airlines $375,000 on Thursday for allegedly violating consumer protection rules, including those covering passengers who have been bumped from their flights, officials said.
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Cuban who denounced hunger on YouTube out of jail

Cuba has freed a man who was jailed for denouncing food shortages in a widely viewed YouTube video and sent him instead to a psychiatric hospital for three weeks, a human rights group said on Wednesday.
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SEC rules take aim at credit rating agencies

Credit agencies will have to disclose more of their ratings history, and creators of financial products will have to share data with all credit raters, under rules adopted by U.S. regulators on Thursday.
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NY Sports clubs operator facing formal SEC inquiry

New York Sports clubs owner Town Sports International Holdings Inc said the U.S. Securities and Exchange Commission was formally investigating the company's deferral of certain payroll costs related to membership sales.
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U.S. 2009 imports lowest since 2003: report

Import cargo at major U.S. retail ports is expected to hit 12.5 million containers in 2009, sharply below last year's total but it was an improved outlook compared with just a month ago, the National Retail Federation and IHS Global Insight said on Thursday.
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Option mortgages to explode, officials warn

The federal government and states are girding themselves for the next foreclosure crisis in the country's housing downturn: payment option adjustable rate mortgages that are beginning to reset.
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U.S. regulators propose ban on flash trading

U.S. securities regulators proposed on Thursday a ban on flash orders that stock exchanges send to a select group of traders, fractions of a second before revealing them publicly.
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Daily Commentary - 18/09/2009

The Australian Dollar has held onto its recent spectacular gains and opens on Friday at 0.8710. The Aussie ended yesterday's local session at a new 13-month high of 0.8774 as stronger-than-expected economic data from the United States adds to signs the global economy is edging towards recovery.
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New York MTA 5-year plan has $9.9 billion funding gap

New York's troubled public transit system has a $9.9 billion funding gap in its 2010-2014 capital program which it may have to close with debt absent any other source of funds, the state comptroller said on Thursday.

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