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Stocks open lower, market headed for a weekly loss
Stocks are opening lower on Wall Street, putting the market on track for its first weekly loss after four weeks of gains.
US durable goods orders rise 3.3 percent in April
U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring.
Procter & Gamble brings back A.G. Lafley as CEO
Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again.
Some unions now angry about health care overhaul
When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters.
Japan's PM Abe defends policies as markets settle
Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst loss since the 2011 tsunami disaster.
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