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Stock futures point to Wall Street rising

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Stock futures pointed to a higher start for Wall Street on Wednesday, ahead of GDP data. At 4:02 a.m. EDT, futures for the Dow Jones, S&P 500 and Nasdaq were up between 0.6 and 0.7 percent. * The FTSEurofirst 300 index of top European shares was up 0.5 percent at 805.38 points, with Banco Santander and Siemens among shares to rise after company re...
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CalPERS will vote against Ken Lewis as BofA Chairman

The California Public Employees’ Retirement System, which is the largest U.S. public pension fund, announced on Tuesday that it will vote against the re-election of the entire Bank of America board of Directors, including Chief Executive Officer and Chairman Ken Lewis.
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U.S. wind energy industry grew in first quarter

The wind energy industry installed 2,836 megawatts of new generating capacity from January to March 2009, double the amount of the same period a year ago, said the American Wind Energy Association on Tuesday.
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E*Trade pressured to raise capital; reports loss

E*Trade Financial Corp, a U.S. retail brokerage, said it is facing regulatory pressure to boost capital as it posted its seventh straight quarterly loss, and its shares fell 25 percent in after-hours trade.
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U.S. Justice Department looks into Google books deal

The U.S. Justice Department is making inquiries about a class action deal that Google Inc struck giving it the right to digitize and sell entire libraries, two experts on digitization told Reuters on Tuesday.
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Chrysler lenders and Treasury set deal framework: sources

The U.S. Treasury has reached a tentative deal with banks representing most of Chrysler LLC's first-lien debt but the agreement needs approval from more than 40 other lenders holding the automaker's debt, people familiar with the talks said on Tuesday.
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E*Trade reports first-quarter loss

E*Trade Financial Corp said on Tuesday its loss in the first quarter deepened missing Wall Streets expectations and that it would have to raise new capital. Its were down 23 percent in after-hours trade.
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Tips for Staying Safe during Swine Flu Epidemic

The number of confirmed Swine Flu cases in the U.S. has risen to 64 leading the government to declare a state of emergency; doctors fear this may cause a pandemic as the number of infected continues to rise.
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U.S. swine flu caseload jumps to 65

The U.S. swine flu caseload rose to 65 in six states on Tuesday as lawmakers launched emergency hearings to evaluate the government's response to what doctors warn could become a pandemic.
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New swine flu infections intensify travel fears

New swine flu infections were found around the world on Tuesday and the specter of a pandemic began to hit the travel industry as governments warned people to stay away from Mexico where 149 people have died.
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Wall St slips as more bank woe offsets data, IBM

U.S. stocks fell on Tuesday as fresh worries that major banks may need to raise more money offset more reassuring economic data that suggested the worst may be over and a big dividend boost from IBM.
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Companies restrict travel, advise staff on flu

Companies began restricting employee travel in response to a potential flu pandemic that has claimed at least 149 lives in Mexico and weighed stronger measures, while an unconfirmed case at Ernst & Young led the firm to close a portion of its New York office.
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Utility execs fear impact of U.S. policies on profit

Less than half of utility executives support the Obama Administration's plan to make the United States a leader on climate change and are concerned about the impact related policies will have on industry profits, according to a survey released on Monday.

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