UNITED STATES

U.S. Interior Chief touts renewable energy zones

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The Obama Administration is carving out renewable energy zones across the country and offshore, and is preparing to work with critics who object to wind turbines or solar farms near wilderness or tourist areas, Interior Secretary Ken Salazar said on Tuesday.
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Durable goods orders jump 3.4 percent in February

New U.S. orders for long-lasting manufactured goods unexpectedly rebounded in February, rising for the first time in seven months, according to a government report on Wednesday that could bring some cheer to an economy mired in recession.
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Futures rise on economic hopes; data in view

Stock index futures pointed to a mostly higher open on Wednesday after positive comments on the economy from President Barack Obama, as investors looked to upcoming data for signs of improvement.
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MUFG, Morgan near Japan securities deal: source

Mitsubishi UFJ Financial Group Inc and Morgan Stanley are set to announce this week a merger of their securities businesses in Japan, a source said, creating a new powerhouse to rival industry leaders Nomura Holdings and Daiwa Securities Group .
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U.S. futures point to higher open

U.S. stock index futures pointed to a higher opening on Wall Street on Wednesday, after investors booked profits on Tuesday amid questions whether the U.S. government's plan to clean up bank balance sheets would work.
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World stocks inch higher; euro falls after Ifo

The euro slipped against the dollar on Wednesday after a closely-watched survey showed German corporate sentiment fell to a record low, while world stocks inched up after hitting a 5-1/2 week high the previous day.
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FedEx threatens to cancel Boeing jet orders: report

FedEx Corp is threatening to cancel the purchase of billions of dollars worth of new Boeing Co cargo planes if Congress passes a law that would make it easier for unions to organize at the package-delivery company, the Wall Street Journal said.
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Obama dismisses idea of single global currency

U.S. President Barack Obama and his top two economic officials on Tuesday dismissed suggestions by emerging economic powers that the world move away from using the dollar as the world's main reserve currency.
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The latest U.S. stocks rally may have momentum

The long-awaited U.S. government plan to rid banks of money-losing assets has injected some desperately needed optimism into Wall Street after stocks hit 12-year lows earlier this month.
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China says Coca-Cola could have abused juice deal

China rejected Coca-Cola's bid to buy top local juice maker Huiyuan because it feared the U.S. multinational could abuse its position across the whole soft drinks market, an official said in remarks published on Wednesday.
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U.S. financial firms want more on mark-to-market

U.S. financial services firms and business groups want even more guidance and leeway from accounting rulemakers on a controversial mark-to-market accounting standard blamed for billions of dollars in bank writedowns, the groups said on Tuesday.

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