UNITED STATES

Parmalat shares may rise as headlines fade: report

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Parmalat SpA , best known to many U.S. investors for its 2003 bankruptcy and accounting scandal, may benefit as the market again focuses on its boring but steady dairy business, Barron's said Sunday.

Congress may split tanker award despite Gates' no

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U.S. lawmakers are puzzled by a Pentagon estimate that it would cost $7 billion extra to split a potential $35 billion refueling plane contract between two bidders, and say they may still move forward on such a plan despite Defense Secretary Robert Gates' vehement opposition.
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Sales of leftist book jump on Chavez gift to Obama

A book that inspired a generation of Latin American leftists is ringing up big sales after Venezuelan President Hugo Chavez gave it to U.S. President Barack Obama in an effort to ease diplomatic tensions.
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Geithner sees no new banking crisis: report

U.S. Treasury Secretary Timothy Geithner does not see a second wave of banking collapses and the government is ready to support capital-raising when needed, a Japanese newspaper said on Sunday.
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U.S. Geithner sees no new banking crisis: report

U.S. Treasury Secretary Timothy Geithner does not see a second wave of banking collapses and the government is ready to support capital-raising when needed, a Japanese newspaper said on Sunday.
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Twitter challenges continue: Spencer Pratt VS Ashton Kutcher

Twitter challenges are far from over. Spencer Pratt of the U.S. reality TV series The Hills says he wants to compete against actor Ashton Kutcher in a Twitter popularity duel, after Kutcher became the first on Thursday of have a million followers.
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GM pushes standard plug for electric vehicles

Amid growing expectations for more electric cars on U.S. roads, General Motors said last week standardized power plugs are needed considering that drivers will find outlet voltages that won’t be always the same.
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Fed officials suggest worst of recession is over

Top U.S. officials on Saturday offered reassurances that the worst of the economic downturn is likely over, helped by unprecedented efforts to keep credit flowing, though the recovery will be slow.
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U.S. officials suggest worst of recession is over

Top U.S. officials on Saturday offered reassurances that the worst of the economic downturn is likely over, helped by unprecedented efforts to keep credit flowing, though the recovery will be slow.
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Obama says he'll cut dozens of wasteful programs

President Barack Obama said on Saturday he would soon announce the elimination of dozens of wasteful or ineffective government programs as part of a broad effort to restore fiscal accountability to the federal budget.
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Kohn says Fed can prevent inflation surge

The Federal Reserve will not allow its unorthodox policies to trigger a surge in inflation, but may still need to do more to ease credit if the economy remains weak, the Fed's No. 2 official said on Saturday.
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German dealers eye ex-VW CEO as Opel boss-report

Bernd Pischetsrieder, ex-CEO of Volkswagen, could be a suitable head of a new Opel company independent of troubled U.S. parent General Motors Corp, an Opel dealer group in Germany was quoted on Saturday as saying.
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Volcker says economy recovery a long slog

Paul Volcker, senior economic adviser to President Barack Obama, said on Saturday that the U.S. economic recovery will be a long slog but that the rate of decline is going to slow.
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Volcker sees recovery as long slog

Paul Volcker, senior economic adviser to President Barack Obama, said on Saturday that the U.S. economic recovery will be a long slog but that the rate of decline should slow.
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Bank closures in 2009 already match 2008 total

Regulators closed banks on Friday in Missouri and Nevada, bringing the total of U.S. bank failures this year to 25 and matching the number that failed throughout all of 2008, as the struggling economy and falling home prices take their toll on financial institutions.
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Official: CO2 is dangerous

The Environmental Protection Agency on Friday unveiled a finding that greenhouse gases endanger human health and welfare, opening the door to federal regulation of carbon dioxide as a pollutant.

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