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U.S. markets news

P&G gambles on AG delivering the goods
In the months that Bob McDonald was under fire from critics, he never entirely accepted the premise of their complaints about Procter & Gamble's listless performance.
Procter & Gamble Says A.G. Lafley Rejoins as Chairman and CEO  Bloomberg
Lafley at P&G, Ullman at Penney: When Does It Make Sense to Rehire the CEO?  Forbes
Businessweek   Related articles »  
Orders for U.S. Durable Goods Rose More Than Forecast in April
Orders for U.S. durable goods increased more than forecast in April, indicating the world's largest economy will get a lift in the second half of the year as business investment strengthens.
Durable Orders Bounce Back, but Shipments Decline  Wall Street Journal
Durable goods orders point to factory resilience  Reuters
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Poison pill defence for News Corp
News Corp will write down the value of its Australian and US publishing assets by up to $US1.4 billion, as the company prepares to split its business between its newspaper and entertainment operations.
New rule tightens Rupert Murdoch's grip on News Corp companies  Telegraph.co.uk
News Corp. to Write Down Publishing Unit by up to $1.4 Billion  Bloomberg
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McDonald's CEO bawled-out by 9-year-old
A 9-year-old girl accused the CEO of McDonald's of targeting kids with food that's not healthy. His response: "We don't sell junk food.
McDonald's CEO Scolded By 9-Year-Old  ABC News
McDonald's defends on obesity concerns  Financial Times
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Commentary: New rules un-COOL
As tougher Country of Origin Labeling (COOL) rules are set to be imposed by USDA, the immediate reaction from the industry is decidedly uncool.
New COOL Rule Might Result in Retaliatory Tariffs  Food Safety News
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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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Billionaire investor apologizes for saying women traders inferior
Fri May 24, 2013 6:30pm EDT. (Reuters) - Billionaire investor Paul Tudor Jones, who riled both Wall Street and Main Street when he said that women will never quite rival men in investing or trading, apologized on Friday, noting that he has encouraged his ...
Paul Tudor Jones' remarks on motherhood draw criticism  NBCNews.com
Paul Tudor Jones: In macro trading, babies are a 'killer' to a woman ...  Washington Post
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With 'Abenomics,' Japan catches a sense of revival
TOKYO - After two decades of chronic recession, Japan again feels like a boomtown. Its biggest companies are raking in money. It has the world's best-performing stock market.
Singing the Abe Electric  Wall Street Journal
Abe Heads to Myanmar as Japan Inc. Eyes Cheapest Wages in Asia  Bloomberg
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Visa, MasterCard Sue Interchange-Fee Settlement Drop Outs
Visa Inc. (V) and MasterCard Inc. (MA) sued trade groups and retailers that rejected a $7.25 billion settlement in a price-fixing suit and asked a court to rule that the card companies' fee practices weren't illegal.
Visa, MasterCard Fire Back on Card Fees  Wall Street Journal
Visa, Mastercard ask US court to declare card fees are lawful  Reuters
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US opposes $20-million severance plan for AMR's CEO
The Justice Department on Friday opposed American Airlines' proposal to pay $20 million in severance to Chief Executive Tom Horton as part of the carrier's merger with US Airways Group Inc. The payment violates bankruptcy law, the U.S.
Justice Department opposes AMR's $20 million severance for CEO Horton  Reuters
Citigroup Presses AMR to Decide on Credit-Card Tie  Bloomberg
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