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U.S. markets news

Tokyo Recovers, Sydney Extends Fall
Japanese stocks recovered Friday in another day of volatile trading, while Australia continued to struggle following Thursday's weak Chinese manufacturing data.
Reason for Japan rout lies in Washington  Financial Times
Asian Shares Pare Losses as Yen Climbs on Kuroda; Oil Falls  Businessweek
BBC News   Related articles »  
P&G's Bob McDonald bows out after investor criticism and weak earnings
In the year or so that Bob McDonald was under intense pressure from critics, he never entirely accepted the premise of their complaints about Procter & Gamble's listless performance.
Congrats, Bill Ackman: Bob McDonald Out At P&G; AG Lafley Returning As CEO  Forbes
Procter & Gamble Says A.G. Lafley Rejoins as Chairman and CEO  Bloomberg
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BA flight makes emergency landing at Heathrow Airport
LONDON - A British Airways passenger plane has made an emergency landing at Heathrow Airport, prompting the closure of both runways, the airport said on Friday.
Emergency Landing Shuts Heathrow Runways  Wall Street Journal
Heathrow runway closed by emergency landing  Financial Times
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Jobless Claims Fall to 340000
WASHINGTON�The number of U.S. workers seeking new unemployment benefits fell last week by more than expected, another sign of slow improvement in the labor market.
US jobless claims drop more than expected last week  Reuters
Ahead of the Bell: US Unemployment Benefits  Businessweek
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German Q2 GDP growth to outpace first quarter considerably - Ifo economist
MUNICH | Fri May 24, 2013 4:47am EDT. MUNICH May 24 (Reuters) - German economic growth is expected to increase considerably in the second quarter thanks in part to an "immense" pick-up in construction activity, Ifo economist Klaus Wohlrabe told ...
German Ifo Sentiment Rises for First Time Since February  Bloomberg
Household spending helps Germany avoid recession  Telegraph.co.uk
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Troubled Visa Settlement Takes Another Hit As Retailers File Own Suit
A $7 billion antitrust settlement over credit-card processing fees that critics say would make things worse for retailers suffered another insult today as Target Target, Macy's Macy's and J.C.
Large US retailers sue Visa, MasterCard over card fees  Reuters
Target, Macy's and Others Sue Visa and MasterCard Over Fees  NASDAQ
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Sears Turns in a Loss as Revenue Falls
Sears Holdings Corp. swung to a fiscal first-quarter loss from a profit a year earlier, when the retailer booked a large gain on asset sales.
Sears Posts $279 Million Quarterly Loss as Revenue Slumps  Businessweek
Sears reports bigger-than-expected loss for 1st quarter  Washington Post
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Teen Activist Meets With Abercrombie Executives, But CEO Jeffries Is A No-Show
Abercrombie & Fitch's two-hour meeting this week with critics of its no-large-sizes strategy, and of CEO Mike Jeffries' 2006 remarks that it only courts �attractive, cool� kids, prompted a mea culpa from the chain, and a vow to �take concrete steps to demonstrate ...
'Attractive & Fat' ad spoofs Abercrombie  CNN
Abercrombie & Fitch issues apology for its CEO's plus-size comments ...  New York Daily News
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ECB's Draghi: 'Imperative' to Set up New...
European Central Bank President Mario Draghi said it was "imperative" that Europe's leaders create a new agency with powers to restructure busted banks in order to help the region leave its economic and financial crisis behind it once and for all.
Europe Shares Higher in 'Critical' Session  CNBC.com
No Significant Improvement in Euro-Zone Economy in Sight - ECB's Nowotny  Wall Street Journal
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UnitedHealth, Aetna and Cigna opt out of California insurance exchange
Kaiser Permanente, Anthem Blue Cross and Blue Shield of California are all expected to participate in the state-run market for individual health coverage.
Molina, WellPoint Join California Exchange as Rates May Rise  Businessweek
Obamacare premiums in California lower than predicted  CNNMoney
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