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President Barack Obama’s proposal to overhaul education standards championed by his predecessor aims to broaden the focus beyond math and reading to “a well-rounded education,” Education Secretary Arne Duncan says. Reading and math are important, but so are…

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Barack ObamaArne DuncanEducationUnited StatesPresident of the United States

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Duncan: More than math, reading important

President Barack Obama’s proposal to overhaul education standards championed by his predecessor aims to broaden the focus beyond math and reading to “a well-rounded education,” Education Secretary Arne Duncan says. Reading and math are important, but so are…

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Barack ObamaArne DuncanEducationUnited StatesPresident of the United States

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Duncan: More than math, reading important

Christian Littlewood, a former banker at Shore Capital Group Plc and Commerzbank AG’s Dresdner Kleinwort, and his wife have been charged with insider trading by the U.K. financial regulator.

Credit:
Former Investment Banker Charged With Insider Trading by FSA

NEW YORK (Reuters) – Phillips-Van Heusen Corp said it will buy fashion brand Tommy Hilfiger for about $3.0 billion to boost its international segment.


Credit:
Van Heusen to buy Hilfiger for $3 billion

NEW YORK (Reuters) – PepsiCo Inc said on Monday it will raise its dividend by 7 percent to $1.92 a share annually, and also announced plans to buy back up to $15 billion of common shares through June 2013.


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Pepsi raising payout, to buy back $15 billion in stock

Stocks retreated, led by emerging markets, and metals declined on concern that China and India will seek to restrict economic growth to curb inflation. The pound and the euro weakened.

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Stocks Decline on China Economy Concern; Pound, Euro Weaken

PARIS (Reuters) – Airbus parent EADS has received no word of any changes to a contest to supply aerial refueling tankers to the United States, the head of Airbus Military said on Monday. A source familiar with Pentagon thinking said on Friday the United States may extend a deadline for bids on its aerial refueling tanker to give EADS an opportunity to consider whether to compete against Boeing on the project.


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EADS has received no word from U.S. on tanker

WASHINGTON (Reuters) – Safety investigators have found no evidence so far to support or disprove a California motorist’s claim his Toyota Motor Corp Prius sped out of control on its own, and cautioned the case may never be explained, U.S. regulators said on Monday.


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U.S. says no explanation yet for Prius California claim

Authorities in Yemen are conducting DNA tests to identify the remains of five people, possibly Somalis, found in a region on the border with Saudi Arabia where a group of European hostages went missing in June.

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Yemen to Identify Five Bodies Found Near Kidnap Site (Update1)

Getty ImagesTraders work on the floor of the New York Stock Exchange.NEW YORK — U.S. stock futures weakened today as a rating agency said the risks to credit ratings of Triple-A nations including the United States have grown as China’s…

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Wall Street expects lower opening

Some look like green shamrocks. At least they do at Wide World of Bagels, which hand rolls them for every occasion. The Ridgewood store’s shamrock-shaped bagels, which they make throughout the month of March, are its best sellers. Owners…

Ridgewood shop tries to build a better bagel

Vestas Wind Systems A/S, the biggest maker of wind turbines, is selling bonds for the first time to diversify funding as growth in the market slows.

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Vestas Sells Bonds for First Time as Growth Slows (Update1)

Amylin Pharmaceuticals Inc. said Monday it received a Food and Drug Administration request for information on manufacturing and a risk mitigation plan for a potential once-weekly diabetes treatment. Amylin, along with partners Eli Lilly & Co. and Alkermes…

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Amylin PharmaceuticalsAlkermesFood and Drug AdministrationEli Lilly and CompanyDiabetes mellitus

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FDA asks for risk plan info on diabetes drug

Kazakhstan, central Asia’s biggest energy producer, may sell Islamic bonds for the first time as it seeks to attract overseas money to finance its budget deficit.

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Kazakhstan Plans First Sale of Islamic Debt in 2010 (Update2)

China Cosco Holdings Co., the nation’s largest container-ship operator, expects to win its targeted rate increase in new contracts as world trade rebounds and shipping lines curb capacity.

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China Cosco ‘Full of Confidence’ on Container Rates (Update2)