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Wall Street Journal What's News: Episodes

Initial jobless claims declined by 11,000 last week, but that followed a big rise the previous period, signaling little improvement in the job market.Exxon earnings jumped as the oil giant rebounded from the prior year's weak performance.
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Avis offers $46.50 a share for Dollar Thrifty in a bid valued at over $1.3 billion ... Amazon plans to release a less-expensive Kindle e-reader next month ... insured Americans are using fewer medical services these days ... and Goldman Sachs bans profanity in e-mails
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The Fed's beige book reflects a sluggish economy; durable goods orders fall for a second month; and the unemployment rate rises in 75 percent of the country's metropolitan areas.
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Demand for U.S. durable goods slid in June for a second consecutive month. Boeing revenue missed forecasts.
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Households and small businesses across Central and Eastern Europe are sinking under the weight of foreign-currency debts ... the House approved $59 billion for the Afghan war ... and Google is in talks with several makers of popular online games
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Stocks end mixed as consumer confidence falters; BP shakes up its operations; and General Motors puts a price tag on the Chevy Volt.
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U.S. consumer confidence declined again in July, with expectations plunging. The downbeat mood raised concerns about second-half consumer spending. BP has launched a radical shakeup in the wake of the gulf oil spill.
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BP posted a quarterly loss of $17.15 billion ... a debate is heating up in Washington over stimulus spending ... China's drive to support domestic technologies is likely to continue to cause political tensions with the U.S. ... and Oracle's Ellison tops the list of best-paid executives of public companies ...
B-P gets ready to make a change at the helm; better housing data helps lift stocks for the fifth time in six sessions; FedEx boosts its outlook based on a rise in express and ground package shipments.
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BP is expected to name Managing Director Robert Dudley to succeed CEO Tony Hayward, who has been widely criticized for his handling of the Gulf of Mexico oil spill. New-home buying surged in June after a May plunge caused by the end of a government tax credit, according to a better-than-expected report ...
BP is expected to name Managing Director Robert Dudley to succeed embattled CEO Tony Hayward ... European banks will now turn their attention to raising billions of dollars of long-term funding ... and Madoff investors are bracing for lawsuits
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Stocks gain for the fourth time in five days as a majority of Europe's banks pass a stress test; Genzyme shares jump on word it has been approached by Sanofi Aventis; and GE decides to reinstate some of the dividend it cut in 2009.
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The government pay czar will cite 17 firms in the financial industry for making "ill-advised" payments during the financial crisis ... the SEC will temporarily allow bond sales to proceed without credit ratings in deal documents ... and Amazon's profit and sales soared but a jump in operating expenses ...
Stocks soar on the heels of promising earnings data; the Senate shelves plans to cap carbon emissions; and Dell agrees to settle accounting charges by the SEC.
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Investors welcomed a strong round of U.S. corporate earnings. But home re-sales fell and weekly unemployment claims rose.
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Four of the world's largest oil companies are creating a strike force to stanch oil spills in the deep waters of the Gulf of Mexico ... Ben Bernanke signaled that the Fed is prepared - but not quite ready - to act, if the economic recovery warrants ... and eBay's quarterly profit rose 26%
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Testimony from Federal Reserve Chairman Ben Bernanke weighs on stocks; President Obama signs the financial overhaul legislation into law; four of the world's largest oil companies are forming a task force to combat oil spills and Facebook claims its 500,000,000 member.
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New gadgets power Apple's results ... U.K. household-products maker Reckitt said it has agreed to buy Durex maker SSL ... some TARP programs are being curtailed ... and the Obama administration has tightened its control over BP's checkbook and resources
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Stocks reverse course and finish the day on a positive note; more problems for Countrywide and their VIP mortgage program and the Senate is one step closer to extending unemployment benefits.
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Housing starts fell 5% in June to an adjusted rate of 549,000, the lowest level for starts since October. Goldman Sachs's earnings slid 82% in the second quarter.
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