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Melbourne and Sydney airports

Pat-down row rages as travelers decry privacy-stripping rules

The raging row over pat-downs and new body scanning rules at airports in the U.S. continued unabated on the Thanksgiving eve with holiday travelers threatening a pre-Thanksgiving no-fly-day boycott even as President Obama instructed the Transportation Safety Administration (TSA) to make airport security measures less intrusive.

US weekly jobless claims fall

People fill up job application forms at a job fair in Los Angeles, California, October 13, 2010.
Initial jobless claims were better-than-expected for the week ended Nov. 20, hitting levels that had not been seen since July 2008, the Labor Department said in a report.

Mercury plagues Indiana

The State Line Station coal-fired electric power plant stands in Hammond, Indiana, July 28.
Indiana has over 30 coal-burning power plants. The smoke rises and disperses in the air, but its chemical contents do not vanish. They linger in the atmosphere and they return to the earth, and to the waterways of Indiana, with the rain.
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Doctor shortage looming? Use nurses, report says

A report from the institute calls for an overhaul in the responsibility and training of nurses and says doing so is key to improving the fragmented and expensive U.S. healthcare system -- President Barack Obama's signature political initiative.
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Treasury's Barr to testify on Fannie and Freddie

Michael Barr, assistant treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency will testify on Capitol Hill next week on the future of Fannie Mae and Freddie Mac.
All smiles

Arianna Huffington: A look at the winner in new online acquisition spree

Huffington launched the news site more as a commentary outlet and an alternative to other conservative news sites by inviting Arthur Schlesinger Jr. to blog, who would fax his blogs. That's not blogging, Arthur used to criticise her. Now with the takeover by AoL, Arianna will become a boss of the entire editorial content of AoL channels.
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Jobless claims jump shows labor market ailing

The number of U.S. workers filing new claims for unemployment insurance unexpectedly rose last week to its highest level in close to six months, a fresh signal of a weak jobs market.
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Payrolls likely fell again in July

Employment probably fell for a second straight month in July as more temporary census jobs ended and private hiring remained too weak to boost a fragile economic recovery, according to a Reuters survey.
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Jobless claims raise doubts about economy

New claims for unemployment benefits unexpectedly rose last week to the highest level since early April, highlighting a weak labor market and the fragile economic recovery.
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Jobs and earnings latest test for stocks

U.S. stocks are unlikely to break above a key technical level this week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
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Jobs data, earnings latest test for stocks

U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
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Economic growth seen slower in Q2 on imports

Economic growth likely slowed in the second quarter as a capital investment drive by businesses was sated by imports and consumer spending tapered off, a government report is expected to show on Friday.
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Home vacancies fall in Q2 but rentals steady

The rate of vacancies for homes slipped slightly in the second quarter, a government report showed on Tuesday, but it was not enough to promise improvement in the hard-hit housing market.
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Bernanke's economy comment batters market

Federal Reserve Chairman Ben Bernanke's dour assessment of the U.S. recovery hit stocks on Wednesday, as his comment that the economy faced unusually uncertain prospects rattled investors.
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Wall Street tumbles on Fed chief's economy view

Federal Reserve Chairman Ben Bernanke's dour assessment of the U.S. recovery hit stocks on Wednesday, as the Fed chief's comment on unusually uncertain economic prospects discouraged investors.
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J&J cuts 2010 profit view again

Johnson & Johnson's revenue fell far short of Wall Street expectations and it cut its full-year profit forecast for the second time this year, citing repeated recalls of Tylenol and other consumer medicines.
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Consumer prices drop, sentiment sours

Weak energy costs pushed U.S. consumer prices down for a third straight month in June while consumer sentiment dropped to a near one-year low in July, highlighting the sluggishness of the economic recovery.
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Building on a father's entrepreneurial legacy

The death of a parent is always hard, but for Julie Smolyansky it was compounded by having to quickly take over her father's successful food company, which makes a cultured milk product called kefir.

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