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Reuters: Top News
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Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
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Greek cabinet approves EU/IMF bailout bill
ATHENS (Reuters) - The Greek cabinet approved a draft bill spelling out reforms required by the EU and the IMF on Friday, taking Athens closer to getting a new 130 billion-euro bailout after the prime minister warned the alternative was "catastrophe."
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Obama shift seeks to defuse birth-control fight
(Reuters) - President Barack Obama, in an abrupt policy shift aimed at quelling an election-year firestorm, announced on Friday that religious employers would not be required to offer free birth control to workers and the onus would instead be put on insurers.
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Obama budget to propose election year spending on jobs, roads
WASHINGTON (Reuters) - President Barack Obama will project lower deficits and request billions of dollars for infrastructure and jobs in his 2013 budget, laying out a plan he will sell to voters in November, despite Republican criticism of rising federal debts.
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Bombings, bombardments kill across Syria
AMMAN/BEIRUT (Reuters) - Bomb attacks killed at least 28 people in Syria's second city Aleppo on Friday, while Homs endured another day of shelling and a firefight broke out in Damascus, the nearest violence to the centre of the capital in an 11-month uprising.
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Anxiety over incomes hits consumer morale
WASHINGTON (Reuters) - Americans felt worse about their personal finances in early February, but rising confidence in the labor market's prospects should help to support spending and the broader economy.
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Bernanke urges action to heal housing markets
ORLANDO, Florida (Reuters) - Federal Reserve Chairman Ben Bernanke on Friday issued a call to action to restore U.S. housing markets, saying depressed house prices and sales are a serious drag on the economic recovery.
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U.S. banks agree to $25 billion in homeowner help
WASHINGTON (Reuters) - Five big U.S. banks accused of abusive mortgage practices have agreed to a $25 billion government settlement that may help roughly one million borrowers but is no magic bullet for the ailing housing market.
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Asia giants join Iran diplomacy as sanctions hurt trade
BEIJING/HAMBURG (Reuters) - China said on Friday it would send a senior official to Tehran to discuss Iran's nuclear standoff with the West, and India indicated it would also weigh in, as Asia's two giants seek to head off new sanctions already playing havoc with trade.
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U.S. OKs trade probes on some imports from South Korea, China
WASHINGTON (Reuters) - A U.S. trade panel on Friday approved investigations that could lead to steep import duties on more than $1 billion of washing machines from South Korea and Mexico and more than $150 million of wind energy towers from China and Vietnam.
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Hedge fund manager charged with insider trading
NEW YORK (Reuters) - A California hedge fund manager was charged on Friday with making $900,000 illegally on inside information about three technology companies, the latest strand of the high-profile Galleon Group prosecutions against money managers and traders.
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