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U.S. markets news

Yahoo to Buy Tumblr for $1.1 Billion
Yahoo Inc.'s board has approved a deal to acquire blogging startup Tumblr, people familiar with the matter said Sunday. More on Tumblr.
Yahoo Board Agrees to Buy Tumblr for $1 Billion: Report - CNBC.com  CNBC.com
Yahoo Board Approves Purchase of Tumblr, WSJ Journal Says  Bloomberg
USA TODAY   Related articles »  
Facebook stock stagnant as social network seeks to become advertising giant
NEW YORK -- It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than McDonald's, bigger than Coca-Cola.
The Facebook IPO, One Year Later  Wall Street Journal
One year after IPO, Facebook employees give CEO high marks, downgrade top ...  San Francisco Chronicle (blog)
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Consumer Sentiment Index in U.S. Rose to 83.7 in May from 76.4
Americans' confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.
Consumer sentiment perks to post-recession peak  MarketWatch
Consumer Sentiment Hits Nearly 6-Year High  Wall Street Journal
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Will American's New Boarding Process Work? It Failed at Virgin America.
Give American Airlines credit for trying a new method to board passengers more quickly. Airlines constantly tinker with the boarding process, and this time American says it has found a way to cut an average of two minutes from the 40 minutes to 45 minutes ...
American Airlines Doesn't Want Your Bags in the Cabin  Businessweek
US airline group sees pickup in summer air passengers  Reuters
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How JC Penney Can Stem The Tide Of Slumping Sales
Yesterday, J.C. Penney announced a serious first quarter loss of $348 million, or $1.58 per share and a revenue slump of 16.4% to $2.635 billion as same store sales dropped 16.6%.
Where Did All Those JC Penney Customers Go?  Wall Street Journal
J.C. Penney First-Quarter Net Loss Widens After Johnson Leaves  Bloomberg
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King warns UK chancellor over Help to Buy scheme
Sir Mervyn King, Bank of England governor, on Sunday damped Treasury enthusiasm over �increasing momentum� in the economy, warning George Osborne that his policy to stimulate the housing market could cause future problems.
Bank of England's King sends message to successor Carney  Reuters
Mervyn King warns against 'demonising individuals' over banking failures  Telegraph.co.uk
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UPDATE 3-US ends freeze on new natural gas exports, approves Texas terminal
Fri May 17, 2013 7:02pm EDT. * Freeport first project approved since 2011. * Manufacturers concerned about unlimited gas exports. * Still unclear when DOE will act on other projects.
US Approves Expanded Gas Exports  Wall Street Journal
US nod for Texas natural gas exports signals new era  BDlive
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Bernanke upbeat on innovation outlook in commencement address
WASHINGTON | Sat May 18, 2013 11:14am EDT. WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards, delivering a sweeping look at the last 100 ...
Bernanke Optimistic About Innovation  Wall Street Journal
Fed Chairman Ben Bernanke stresses innovation at Simon's Rock graduation  Berkshire Eagle
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NY Sen. Gillibrand to take on student loans
NEW YORK - U.S. Sen. Kirsten Gillibrand is proposing new legislation to ease the burden for students who have borrowed to pay for their education.
Senator Gillibrand Proposes Student Loan Legislation  13WHAM-TV
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County jobless rate falls to 7%
Tallapoosa County's unemployment rate is down 1.9 percent from January 2013 to April 2013, according to the latest figures from the Alabama Department of Labor.
Pa. unemployment rate drops slightly in April  Seattle Post Intelligencer
Jobless numbers fall in Tuscaloosa County  Tuscaloosa Magazine
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