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Private hiring surges, jobless claims dip

A flyer advertising holiday job listings is seen at the North Metro Department of Labor Career Center in Atlanta
Private-sector hiring surged in December as employers added 325,000 new workers while claims for jobless benefits fell, raising hope that recent labor market improvement would continue in 2012.
Pepsi

Pepsi May Cut 4,000 Jobs: Report

Pepsi employs about 300,000 workers around the world, including 2,000 in Purchase, New York at company headquarters. The job cuts will involve some employs working in Purchase, according to The New York Post.
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Blackstone Reaches Big Fundraising Finish Line

Blackstone Group LP will conclude fundraising for its latest buyout fund in January, raising just over $16 billion, three people familiar with the matter said on Wednesday, in a 4-year process challenged by the global financial crisis.
Andrew Cuomo

Planners, Locals React to Cuomo's Convention Center Plan

New York Gov. Andrew Cuomo's plan for a 3.8 million square foot convention center at the Aqueduct Racetrack in Queens, N.Y. was met with approval from one local non-profit planning group, while the local community board said it awaited more details on the project.
Will the Show End for the Diva?

Beyonce Baby: Pregnant Singer Will Wear Specially Designed Hairpiece for Delivery

Fans wait impatiently as the Beyoncé baby watch continues. The pop singer and her husband, Jay-Z, are expecting their first child any minute now. In Touch magazine reports that Beyoncé Knowles' family has reserved a private luxury birthing suite at St. Luke's Roosevelt Hospital in New York City. The 30-year-old singer has also allegedly had a hairpiece designed for the delivery.
Baron Davis

Baron Davis Has a Herniated WHAT?

A typo by the Charlotte Observer noted that injured New York Knicks point guard Baron Davis was suffering from a herniated dick instead of his actual herniated disc injury.
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Utica Police Chief Responds to Drug-Planting Cop Video with His Own [VIDEO]

A one-minute and 40-second viral police dashcam video released back in December by the Utica Phoenix, a weekly local newspaper in Utica, N.Y. that covered a story about Utica Police Department officers pulling over a vehicle for allegedly running a stop sign and potentially planting drugs inside of it, has caused uproar.
John McCain to Endorse Mitt Romney , Hates Rick Santorum

John McCain to Endorse Mitt Romney in New Hampshire, Hates Rick Santorum

Arizona Senator John McCain is expected to endorse Mitt Romney in New Hampshire, a sign both of his faith in the GOP frontrunner and his distaste for new rival Rick Santorum. As Santorum's near-win in Iowa makes the Republican primary result uncertain, Santorum's clashes with McCain seem to have pushed the senator to back his one-time rival.
German President Wulff is pictured on a TV monitor during the recording of a television interview in Berlin

German President to Discuss Loan Scandal

As if being tasked with solving the Eurozone debt crisis is not job enough, German Chancellor Angela Merkel now has to defend her choice of Christian Wulff for president as information has emerged that he tried to prevent media from reporting about his private business dealings.

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