UNITED STATES

Russia links nuclear talks to U.S. anti-missile plan

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The United States must allay Russian concerns over its planned anti-missile system in Europe if the two sides are to achieve a breakthrough on cutting nuclear weapons, Russia's foreign minister said on Wednesday.
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Serbia seeks new ties with U.S. during Biden visit

Serbia's president told visiting U.S. Vice President Joe Biden on Wednesday he hoped to open a new page in relations with Washington, ten years after NATO bombed the Balkan country over its conduct in Kosovo.
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Opel bidders line up ahead of deadline

Italy's Fiat , car parts group Magna and investment firm RHJ were all expected to submit offers for Opel, the German unit of U.S. carmaker General Motors , by a Wednesday deadline.
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Iran tests missile as election race starts

Iran launched a missile with a range of close to 2,000 km (1,200 miles) on Wednesday and President Mahmoud Ahmadinejad said the Islamic state could send any attacker to hell, official media reported.
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Green gold rush seen in new U.S. auto standards

The tough U.S. fuel economy standards announced by President Barack Obama on Tuesday represents a bonanza for companies that supply hybrid technology and other gas-conserving components needed to meet the new benchmarks.
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BofA CEO: Economy bottoming, pay reform needed

Bank of America Corp Chief Executive Kenneth Lewis said the worst of the economic downturn has likely passed and conditions will not worsen as much as feared, a day after his bank raised $13.47 billion in a common stock offering, .
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Italy continues CIA trial despite secrecy ruling

An Italian judge ruled on Wednesday to proceed with the trial of U.S. and Italian spies accused of kidnapping an Egyptian imam in 2003; Europe's highest-profile case over the secret transfers of terrorism suspects.
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Obama eyes agency to protect financial consumers

The Obama administration is studying a long-discussed proposal to create a U.S. agency that would protect consumers who buy financial products, possibly as part of a major package of reforms, congressional aides said on Tuesday.
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U.S. Army paid bonuses to KBR despite questions

The U.S. Army paid tens of millions of dollars in bonuses to KBR Inc, its biggest contractor in Iraq, even after it concluded the firm's electrical work had put U.S. soldiers at risk, according to a source close to a U.S. congressional investigation.
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Target profit beats Street, shares rise

Target Corp reported a better-than-expected quarterly profit on Wednesday, as the No 2 U.S. discount retailer offset sluggish sales by keeping a tight control on inventory and expenses, while its credit card business was profitable.
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Opel bidders line up ahead of deadline Weds

Italy's Fiat , car parts group Magna and investment firm RHJ were all expected to submit offers for Opel, the German unit of U.S. carmaker General Motors , by a Wednesday deadline.
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Obama economic panel moves into the spotlight

A high-level panel of experts that has been helping to shape President Barack Obama's response to the economic crisis will step into the public view on Wednesday at a meeting to discuss energy issues and job creation.
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Deere reports lower profit, cuts outlook

Deere & Co , the world's largest maker of agricultural machinery, reported sharply lower quarterly earnings on Wednesday as lower crop prices and farmers' concerns about the global recession weighed on demand for tractors and harvesters.
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Target profit down but beats Street

Target Corp reported a lower quarterly profit on Wednesday, but the results beat Wall Street expectations as the No 2 U.S. discount retailer kept a tight control on inventory and expenses, and said its credit card business was profitable.
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Banks line up to throw off TARP yoke

JPMorgan Chase & Co and several other banks eager to escape the restrictions and stigma linked to government bailout funds may get the chance to do so in the next few weeks.
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Japan GDP sinks at record pace

Japan's economy shrank a record 4.0 percent in the first quarter as domestic demand and investment buckled, threatening to crush an anticipated export-led rebound in the second half.

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