The number of newly laid-off workers filing first-time claims for jobless benefits rose last week, the government said, though the increase was mostly due to seasonal distortions. Many economists say new claims, which track layoffs and firings, are trending…

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Jobless claims – Business – United States Department of Labor – Unemployment benefits – Unemployment

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Jobless claims show downward trend in hopeful sign

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Dems Push Committees for Health-Care Vote

Surrendering search responsibilities to Microsoft will likely take a toll on Yahoo’s engineering and innovation prowess

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Yahoo: Losing the Geek Factor

Upbeat corporate earnings are injecting stocks with another burst of energy. Stocks surged Thursday as investors jumped on better-than-expected profit reports and a surprise drop in unemployment. Major stock indexes rose about 2 percent, including the Nasdaq…

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Wall Street – Business – United States – Investing – Stocks and Bonds

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Stocks jump on upbeat earnings, employment reports

Major companies tentatively scheduled to report quarterly earnings next week: Monday THE WOODLANDS, Texas _ Anadarko Petroleum Corp. releases second-quarter financial results. DALLAS _ Centex Corp. releases first-quarter financial results. LOUISVILLE, Ky. _…

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Centex – United States – The Woodlands Texas – Texas – Pulte Homes

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Earnings schedule for week of 8/3/09

Cereal and snack maker Kellogg Co. revised its second-quarter guidance Thursday and said it will invest more in its cost-cutting plan in 2009. The Battle Creek, Michigan-based company said it is on track to save $1 billion annually by the end of 2011. It now…

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Battle Creek Michigan – Kellogg Company – Battle Creek – Michigan – United States

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Kellogg sees rosier earnings for full year

Exxon Mobil Corp. on Thursday reported its lowest profit in nearly six years, a 66 percent plunge from the second quarter a year ago as the world’s biggest publicly traded oil company confronted sharply lower crude and gas prices and anemic demand for refined…

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ExxonMobil – Business – Petroleum industry – Energy – Oil and Gas

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Exxon Mobil 2Q profit falls a surprising 66 pct

Share of Callaway Golf rose Thursday, after the company’s second-quarter profit met expectations and analysts saw signs that its performance could improve as it gains more market share. Shares rose 38 cents, or 6.7 percent, to $6.06 in late morning trading. “…

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Golf – Market share – Sports – Callaway Golf Company – Business

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Callaway Golf rises; analysts see share gains

Armored car company Brink’s Co. said Thursday that its second-quarter profit plunged 58 percent to $20.3 million as sales slipped nearly 6 percent. The company cited persistent economic weakness throughout its global markets, higher foreign currency…

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Brink’s Company – Business – Currency – Armored Car – International finance

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Brink’s 2Q profit plunges 58 percent

Ohio’s latest budget seeks to put solar power in the financial reach of Ohio residents by addressing the cost of installation, the biggest barrier to the renewable energy technology’s large-scale deployment. Now the onus falls on cities and townships across…

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Renewable energy – Solar energy – Energy – Technology – Renewable

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Ohio budget tries to boost solar power

The electronics and entertainment giant posted a $271 million quarterly loss on a 19% drop in revenue, putting more pressure on CEO Stringer

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Sony Is Still Feeling the Recession’s Bite

The electronics and entertainment giant posted a $271 million quarterly loss on a 19% drop in revenue, putting more pressure on Sony CEO Stringer

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Sony Still Feeling Recession’s Bite

A judge says he’s shocked by how attorneys for the District of Columbia have handled evidence in lawsuits from hundreds of protesters arrested during a demonstration at the International Monetary Fund and World Bank. U.S. District Judge Emmet G. Sullivan said…

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International Monetary Fund – World Bank – Washington DC – United States – Economic

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Judge criticizes DC lawyers over IMF protest case

NEW YORK (Reuters) – Stocks rose on Thursday as a string of solid corporate profits and a drop in the number of Americans staying on jobless benefits fueled economic recovery hopes.

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Wall St soars on profit, recovery optimism

Virginia Gov. Tim Kaine says not all relatives of the 32 people slain at Virginia Tech want a state panel that reviewed the massacre reconvened. Kaine said Thursday on his monthly radio show on Richmond’s WRVA radio that volunteer panel members who want to…

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Seung-Hui Cho – Virginia Tech – Virginia Polytechnic Institute and State University – Mental health – Suicide

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Gov: Some Va. Tech kin don’t want panel renewed