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U.S. markets news

Tokyo ends higher after another volatile session
Friday 10:00 BST. Japanese stocks closed higher, but only after another extremely volatile session leaked uncertainty into global equity markets that some investors consider vulnerable after many months of strong gains.
Nikkei rises 0.9 pct in turbulent trade after Thursday's plunge  Reuters India
Japanese stocks recover after falls on Thursday  BBC News
Businessweek   Related articles »  
Stocks to Watch: Procter & Gamble, Pandora, Abercrombie & Fitch
Lafley will replace CEO Bob McDonald, effective immediately. McDonald, who will retire June 30 after a transition period, has been CEO since 2009.
P&G's Bob McDonald bows out after investor criticism and weak earnings  Financial Times
Congrats, Bill Ackman: Bob McDonald Out At P&G; AG Lafley Returning As CEO  Forbes
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Housing and Jobs Data Suggest Steady Growth
WASHINGTON - Economic data released on Thursday indicated solid job growth and provided further signs that housing is recovering. The New York Times.
Jobless Claims Fall to 340000  Wall Street Journal
US jobless claims drop more than expected last week  Reuters
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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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Corporate Directors Get Older, Hold Their Seats Longer
Michael Jeffries's penchant for having the male crew on Abercrombie & Fitch's (ANF) corporate jet wear the retailer's boxer briefs, flip-flops, and cologne certainly hasn't hurt the chief executive officer's standing with his board.
Abercrombie & Fitch Agrees to Be More Sensitive to All Sizes  People Magazine
'Attractive & Fat' ad spoofs Abercrombie  CNN
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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.
California Puts Tentative Price on Health Policies Under New Law  New York Times
Obamacare premiums in California lower than predicted  CNNMoney
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Household spending helps Germany avoid recession
The 0.8pc rise in German household consumption in the first three months of the year provided almost the "only" positive contribution to growth in the first quarter, German statistics office Destatis said on Friday, and helped the country to eke out 0.1pc growth, ...
Germany reports sluggish first-quarter growth of 0.1%  BBC News
German First-Quarter Growth Damped by Construction, Investment  Bloomberg
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German Business Confidence Turns Positive
FRANKFURT--German business confidence picked up in May following two straight months of declines, a key sentiment survey showed Friday, indicating that growth in Europe's largest economy is gaining traction.
FOREX-Euro gains as German Ifo damps ECB easing prospects  Reuters UK
German business confidence unexpectedly rebounds  Post-Bulletin
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Lyft-Off: Car-Sharing Start-Up Raises $60 Million Led by Andreessen Horowitz
John Zimmer, co-founder of ride-sharing start-up Lyft, speaks at a TechCrunch Disrupt SF 2012 event at the San Francisco Design Center Concourse on Sept.
Lyft Lifts $60 Million From Andreessen Horowitz, Gives 30000 Rides A Week A ...  TechCrunch
Lyft lands $60 million in funding, led by Andreessen Horowitz  Los Angeles Times
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