NEW YORK (Reuters) – Prices of U.S. single-family homes fell in April from March but the pace of the decline moderated, suggesting stability is emerging in some regions, according to Standard & Poor’s/Case Shiller home price indexes released on Tuesday.

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Pace of home price declines slows in April

ConocoPhillips and the state-run Saudi Arabian Oil Co. said Tuesday they’ve revived plans to build a multibillion-dollar refinery in Saudi Arabia, citing improved economic conditions. The companies signed a $6 billion agreement in 2006 to build the 400,000…

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Saudi Arabia – Middle East – Saudi Aramco – Yanbu – Business and Economy

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ConocoPhillips, Aramco relaunch Yanbu bidding

Stocks are slightly higher in early trading Tuesday with the market on track for its best quarterly performance in more than a decade. After a relatively quiet day of trading Monday, investors are hungry for more signs that the economy is actually growing. A…

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Investing – United States – Business – Tuesday Morning – Futures

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Stocks move slightly higher ahead of data

NEW YORK (Reuters) – Stocks opened slightly higher on Tuesday after a report showed the price of U.S. homes in April fell at a lower-than-anticipated pace, while investors awaited data on consumer confidence and business activity.

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Wall Street opens higher after homes data

A key housing index shows a clear trend that home price declines are moderating. The Standard & Poor’s/Case-Shiller index released today showed home prices in 20 major cities tumbled by 18.1 percent from April 2008. The 10-city index fell 18…

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Home prices post 18.1 percent annual drop in April

China postponed a plan to require personal computer makers to supply Internet-filtering software Tuesday, retreating in the face of protests by Washington and Chinese Web surfers just hours before it was due to take effect. The rule would have required…

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China – Content-control software – Washington – ContentFilter – Personal computer

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China postpones controversial Web filter

BOSTON (Reuters) – Deere & Co said on Tuesday that roughly 800 employees — more than it had expected — took a buyout from the world’s largest maker of agricultural machinery and raised the amount of the charge associated with those departures.

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Deere says 800 employees take buyout offer

Some doctors are holding off prescribing painkillers after a hacker accessed more than 35.5 million of Virginia’s most sensitive prescription drug records two months ago, a state official told a legislative panel Monday. Lawmakers probing the state’s computer…

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Prescription drug – Virginia – Health – Medical prescription – Pharmacy

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Va. Lawmakers drill in on hacker attack, IT delays

Deere & Co. says about 800 salaried workers will leave the farm machinery maker under a voluntary separation program announced in April. The company expects to realize $75 million in savings in the first year, after pretax expenses of about $100 million…

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Deere & Company – Business – Agricultural machinery – Agriculture and Forestry – Company

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Deere says 800 workers leave in voluntary program

What Wall Street analysts are saying about selected stocks in the news Tuesday

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Analyst Picks and Pans: Apollo Group, MSC Industrial Direct

LONDON (Reuters) – Oil prices rose toward $72 a barrel on Tuesday, supported by a weaker dollar and ahead of U.S. inventory data expected to show a fall in crude oil stocks.

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Oil rises towards $72 ahead of inventory data

NEW YORK (Reuters) – General Motors Corp is heading to bankruptcy court on Tuesday to seek approval to sell its assets to a “New GM” in a plan to reinvigorate the automaker under U.S. government ownership.

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Bankruptcy court to rule on “New GM” plan

NEW YORK (Reuters) – U.S. stock futures were modestly higher on Tuesday ahead of a new round of data that may give investors insight into the state of the recession-hit economy on the last day of the second quarter.

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Stock futures modestly higher as investors eye data

China’s state media says the government will postpone enforcement of a new rule mandating all new computers be sold with a filtering software. The rule was to go into effect starting Wednesday, but the official Xinhua News Agency said in a brief report late…

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China – Xinhua News Agency – Government – State media – Asia

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China scraps filtering software mandate _ for now

Finding a certificate of deposit (CD) rate offering a good return is no easy task — especially these days, when interest rates are extremely low. If you are in the market for a CD, however, several websites offer tools to…

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Tracking down the best CD rates