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U.S. markets news

Four Unanswered Questions From The GM Recall Crisis
General Motors General Motors managed to weather its first quarter recall crisis by posting a slim profit Thursday. The company earned $125 million despite $1.3 billion in expenses to pay for recalling nearly 2.6 million vehicles worldwide, and other recall ...
Massive recall expenses slash General Motor's first-quarter profit  Los Angeles Times
GM's 1Q profit dragged down by recalls  Washington Post
Reuters   Related articles »  
Ronald McDonald gets a hip, new makeover
McDonald's said Wednesday its famous spokesclown will take an active role on social media for the first time, using the hashtag #ronaldmcdonald.
Ronald McDonald gets new outfit, takes on Twitter. Still creepy?  Los Angeles Times
Ronald McDonald Jumps on the Twitter Bandwagon � and Gets a New Look  Boston.com
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Verizon Q1 income up on wireless, home Internet sales
Verizon Communications, the telecom giant that owns the nation's largest wireless carrier, said Thursday higher sales of wireless contracts and residential broadband Internet drove its first quarter net income higher.
Verizon Loses Contract Wireless Phone Customers for First Time as ...  Wall Street Journal
UPDATE 2-Verizon vows to avoid mass discounts as profit misses expectations  Reuters
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US Durable Goods Orders Rise Broadly, Boost Growth Outlook
Orders for long-lasting U.S. manufactured goods rose more than expected in March and a measure of business capital spending plans surged, bolstering views of an acceleration in growth in the second quarter.
Durable-Goods Orders Rise 2.6% -- Update  Wall Street Journal
U.S. durable goods orders rise 2.6% in March, core orders up 2%  NASDAQ
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Zimmer Holdings to buy orthopedic firm Biomet for $13.35 billion
Orthopedic products maker Zimmer Holdings on Thursday announced it will acquire Biomet Inc. in a deal valued at $13.35 billion, including assumption of debt, the companies said.
TRLPC: Zimmer to tap with $12B in debt for Biomet buy  Reuters
Apple poised for record gains on solid earnings  MarketWatch
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Freddie Mac: mortgage rates edge higher, 30-year averaging 4.33%
Fixed mortgage rates edged higher this week, with Freddie Mac reporting that lenders were offering 30-year loans to solid borrowers at an average of 4.33%, up from 4.27% a week ago.
US average rate on 30-year home loan 4.33 percent  Washington Post
Average US 30-year mortgage rate up to 4.33 pct  Businessweek
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ECB's Mario Draghi is a 'model central banker'
European Central Bank president, Maria Draghi, is the "ideal 21st century central banker" said James Rickards, portfolio manager at West Shore Funds.
Pictures paint a thousand words at Europe's central bank  Financial Times
UPDATE 2-Cash drop in the euro zone adds to impetus for ECB action  Reuters
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Report: A Year After Bangladesh Disaster, Retailers Fail To Address Biggest ...
Rana Plaza in February 2014, 9 months after the factory collapse. Rubble and fabric still litter the area. Photo: NYU Center for Business and Human Rights.
Clothes industry urged to compensate Dhaka factory victims  Irish Times
Flashback: Garment factory collapse  Reuters
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Despite Strong Earnings, Wall Street Mixed
Wall Street was mixed on Thursday after a positive open, despite strong earnings from Apple and Facebook. The Dow Jones industrial average was down slightly in midmorning trade, while the Standard & Poor's 500-stock index and the Nasdaq composite ...
US Stocks Rise, Buoyed by Apple, Facebook Results  Wall Street Journal
A few blowout earnings reports create mirage  USA TODAY
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Postal workers protest outside Bethlehem Township, Pa., Staples
The Lehigh Valley local of the American Postal Workers Union held a protest this morning outside a Staples store in Bethlehem, Pa.
Postal workers union to protest Staples program  MiamiHerald.com
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