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Boeing CEO McNerney says interest in 777X is high

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(Reuters) - Boeing Co Chief Executive Officer Jim McNerney said on Wednesday that customer interest in the 777X wide-body airplane is "high and still growing," and that he expects to formally launch the aircraft program later this year.Created about a minute ago
Futures up ahead of Bernanke testimony

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NEW YORK (Reuters) - Stock futures rose in thin trading on Wednesday, ahead of highly anticipated Congressional testimony by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy.Created 2 minutes ago
Europe closes in on tax havens; Austria agrees to swap bank data

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BRUSSELS (Reuters) - Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to sharing data on foreign depositors and the EU focused on negotiating a similar agreement with Switzerland.Created 8 minutes ago
Lowe's results miss estimates, underperforming Home Depot

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(Reuters) - Lowe's Cos Inc reported a weaker-than-expected quarterly profit on Wednesday, hurt by colder-than-usual weather at the start of the spring selling season and strong competition from larger rival Home Depot Inc .Created 17 minutes ago
UK opposition party leader says Google tax behavior "wrong"

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LONDON (Reuters) - Google Inc's tax affairs came under renewed scrutiny in Britain on Wednesday when the leader of the opposition Labour party accused the Internet company of wrongly going to "extraordinary lengths" to avoid paying tax.Created 20 minutes ago
Ukraine PM bars reporters from government meetings after protest

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KIEV (Reuters) - Ukrainian Prime Minister Mykola Azarov ordered a dozen local reporters to be barred from covering government meetings after they staged a silent protest on Wednesday over physical attacks on journalists at a rally.Created 26 minutes ago
UK wine retailer First Quench in $242 million pension risk deal

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LONDON (Reuters) - British alcoholic drinks retailer First Quench is insuring a chunk of its pension liabilities with specialist provider Pension Insurance Corporation, improving retirement benefits for its 1,966 members.Created 30 minutes ago
Futures tick higher ahead of Bernanke testimony

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NEW YORK (Reuters) - Stock futures edged up in thin trading Wednesday, ahead of highly anticipated Congressional testimony by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy.Created 31 minutes ago
Target first-quarter profit down on weather-related sales weakness

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(Reuters) - Target Corp posted a 0.6 percent decline in first-quarter sales at U.S. stores open at least a year on Wednesday after warning investors one month ago that its results would be disappointing as a chilly start to spring kept shoppers from buying seasonal items such as clothing.Created 32 minutes ago
Ireland feels the heat from Apple tax row

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DUBLIN (Reuters) - Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant Apple to shrink its tax bill.Created 37 minutes ago
Ireland feels the heat from Apple tax row



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DUBLIN (Reuters) - Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant Apple to shrink its tax bill.Created 38 minutes ago
U.S. government taps GlaxoSmithKline for new antibiotics

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LONDON (Reuters) - The U.S. government has signed an antibiotics development deal worth up to $200 million with GlaxoSmithKline to tackle the dual threats of drug resistance and bioterrorism.Created 45 minutes ago
Lowe's net misses view, underperforms Home Depot again

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(Reuters) - Lowe's Cos Inc reported a weaker-than-expected quarterly profit on Wednesday, hurt by colder-than-usual weather at the start of the spring selling season and strong competition from larger rival Home Depot Inc .Created 47 minutes ago
Too soon to dial back Fed stimulus: Dudley



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(Reuters) - It is too soon to determine whether to dial down the Federal Reserve's massive bond-buying program, and the economic picture may not be clear enough to make that decision for another three or four months, an influential U.S. central bank official said.Created about an hour ago
BNY Mellon to add up to 100 positions at wealth management unit

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(Reuters) - BNY Mellon Corp , the world's largest custody bank, said it would add up to 100 positions at its wealth management unit, expanding the sales force at the unit by 50 percent in the next two years.Created about an hour ago
Syria opposition calls for reinforcements in embattled Qusair

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BEIRUT (Reuters) - Syria's leading opposition group called on Wednesday for rebels across the country to send reinforcements to the strategic border town Qusair, where heavy fighting has drawn in fighters from Lebanon's powerful Hezbollah movement.Created about an hour ago
Rescuers comb Oklahoma tornado rubble for buried survivors



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MOORE, Oklahoma (Reuters) - Rescue workers with sniffer dogs and searchlights combed through the wreckage of a massive tornado to ensure no survivors remained buried in the rubble of primary schools, homes and buildings in an Oklahoma City suburb.Created about an hour ago
Iran, Hezbollah increasing support for Assad: Britain

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AMMAN (Reuters) - British Foreign Secretary William Hague said on Wednesday Iran and its militant Shi'ite Lebanese ally Hezbollah were "propping up" Syrian President Bashar al-Assad and giving him increasing support.Created about an hour ago
Chicago school board to vote on mass school closing

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CHICAGO (Reuters) - The Chicago Board of Education is due to vote on Wednesday on a controversial proposal to close 54 schools in the country's third-largest public school district in what would be the largest mass school closing in the nation.Created about an hour ago
Jodi Arias jury due to resume death penalty deliberations in Arizona

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PHOENIX (Reuters) - A jury weighing the fate of murderer Jodi Arias is set to resume deliberations on Wednesday on whether she should be sentenced to death or spend her life in prison for the brutal slaying of her ex-boyfriend.Created about an hour ago
