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Weak jobs growth drags down staffing stocks

Shares of U.S. staffing and jobs services companies fell on Friday after a disappointing jobs report showed far fewer new jobs were created last month than economists expected, adding to recent evidence the U.S. economy has hit a soft patch.
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Stocks on track for fifth down week

Wall Street headed for its worst week in over two months on Friday after a dismal jobs report, with a worsening economic outlook threatening further falls from current six-week lows.
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Citi shuts down $400 million proprietary hedge fund: report

Citigroup Inc shut down a $400 million hedge fund that used the bank's money and mathematical models to bet on stocks, in the wake of new regulations aimed at stopping proprietary trading, Bloomberg reported, citing a person familiar with the matter.
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Equities down but not out on U.S. soft patch

Asian stocks slid on Thursday, with a steady stream of weak U.S. data putting a damper on risk taking ahead of Friday's payrolls report, though valuations will probably in the near term limit a big decline in global share prices.

Republican Defectors help shoot down Ryan's Budget

Senate Democrats intensified pressure on the controversial budget plan submitted by Rep. Paul Ryan (R-WI) today, forcing a floor vote that saw moderate Republicans join Democrats in rejecting the measure.
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Mizuho head to step down after massive system troubles

Mizuho Financial Group's <8411.T> president will step down and its corporate banking chief will take the helm, Japan's second-largest bank said on Monday, as it grapples with persistent system troubles including a breakdown in ATMs after the devastating March earthquake.

TEPCO President steps down amid record loss

Tokyo Electric Power Co is likely to book about a 1 trillion yen ($12.3 billion) net loss for its fiscal year that ended in March due to losses from the accident at its Fukushima Daiichi nuclear plant.

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