NEW YORK (Reuters) – Former project manager Bob Short has a ready answer to describe which job is more difficult — his old post at Nuveen Investments or his current position as stay-at-home dad.

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Former Wall Streeters take on new parenting roles

NEW YORK (Reuters) – U.S. stocks surged on Thursday as a drop in the number of Americans on jobless benefits and a batch of solid corporate profit reports bolstered hope for an economic recovery.

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Stocks jump on corporate profit and recovery hopes

Michael Vick said Thursday that he is getting close to signing with a professional football team but refused to elaborate. Vick made the comment to reporters as he left a courtroom after a hearing in his bankruptcy case. Asked about his progress in signing…

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Michael Vick – United States – Bankruptcy – Law – Fabrice Santoro

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Vick says he’s ‘getting close’ to a deal

A judge has finalized a settlement over the estate of a late University of California, Santa Cruz chancellor more than three years after her suicide. Superior Court Judge Paul Burdick finalized the agreement over Denice Denton’s estate on Wednesday. The…

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Santa Cruz – University of California Santa Cruz – University of California – Denice Denton – California

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Santa Cruz judge settles late chancellor’s estate

BOSTON (Reuters) – General Electric Co shares climbed more than 7 percent on Thursday after a powerful U.S. lawmaker said he saw “no great need” for the largest U.S. conglomerate to spin off its finance arm.

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GE shares up, U.S. lawmaker sees no breakup

NEW YORK (Reuters) – Bonuses paid to executives at nine banks who received U.S. government bailout money in 2008 were in some cases greater than net income, the office of New York Attorney General Andrew Cuomo said on Thursday.

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Some U.S. banks ’08 bonuses more than income: Cuomo

Ireland’s government published its plan Thursday for establishing a “bad bank” that would buy, at a discount, euro90 billion ($135 billion) in dud loans to property developers. Lawmakers eagerly snapped up copies of the long-awaited bill to form a National…

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Ireland – Business – Real estate development – Financial services – Banks and Institutions

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Ireland unveils `bad bank’ plans for dud loans

BusinessWeek’s Amy Feldman discusses ways to invest in mergers and acquisitions

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Investing in M&A

A Dutch court ruled Thursday that three men connected with Web site The Pirate Bay must block traffic between the site and the Netherlands within 10 days. The written ruling concludes that the men have control over the site and ordered them “each separately…

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Pirate Bay – Netherlands – Piracy – Brein – Peter Sunde

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Dutch court rules Pirate Bay must quit Netherlands

Rockwell Collins Inc. said Thursday its fiscal third-quarter profit fell 17 percent on lower revenue from the troubled airline industry, but it still beat Wall Street estimates. The defense contractor and manufacturer of parts for private jets and commercial…

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Rockwell Collins – Airline – Wall Street – Business – Defense contractor

Rockwell Collins posts drop in 3Q profit

Legislation is heading for full House and Senate votes that would force cruise lines to carry rape investigation kits and publicize records of crimes committed at sea. A House committee on Thursday unanimously approved the Cruise Vessel Security and Safety…

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Cruise line – Travel – cruise – Recreation – Specialty Travel

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Crime reports may become mandatory on cruises

A Boston University graduate student accused of illegally swapping music online admitted in court Thursday that he has downloaded and shared hundreds of songs by Nirvana, Green Day, The Smashing Pumpkins and other artists. Joel Tenenbaum, 25, of Providence,…

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Boston University – Massachusetts – Providence Rhode Island – Music industry – Music download

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Mass. student on trial admits sharing tunes online

Microsoft Corp. CEO Steve Ballmer is trying to improve Yahoo Inc. investors’ opinions of the companies’ search-advertising partnership. Yahoo’s shares fell 12 percent Wednesday and continued dropping Thursday. Ballmer told a meeting of financial analysts that…

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Yahoo – Steve Ballmer – Microsoft – Google – Carol Bartz

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Microsoft CEO tries to sell analysts on Yahoo deal

Thanks to growing market share at home, the British confectionery giant saw a 10% rise in first-half revenues and raised its profit guidance for the year

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Sweet News for Cadbury

NEW YORK (Reuters) – Motorola Inc shipped more cell phones than expected in the second quarter and raised its target for cost cuts for the year, sending its shares up 9 percent.

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Motorola posts profit, shares rise nine percent