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Exclusive: Ford to overhaul Lincoln brand, this time with big bucks

DETROIT (Reuters) – Ford Motor Co’s (F.N) new chief executive, Mark Fields, is giving the automaker’s long-moribund Lincoln brand what his predecessor Alan Mulally never could: a little love and a lot of cash. Lincoln, a storied Detroit brand which … Continue reading

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Fannie Mae settles shareholder lawsuit for $170 million

NEW YORK (Reuters) – Fannie Mae (FNMA.OB) has reached a $170 million settlement of a lawsuit accusing it of misleading shareholders about its finances, risk management and mortgage exposure before it was seized by the U.S. government during the 2008 … Continue reading

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Wall St. boosted by earnings, S&P posts best week in nearly two years

NEW YORK (Reuters) – U.S. stocks closed out their best week in nearly two years on Friday, helped by earnings from Microsoft and Procter Gamble and as concerns eased over the possible spread of Ebola in the United States. The … Continue reading

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Look to energy names for global demand clues

NEW YORK (Reuters) – Slumping energy shares drove the recent U.S. stock market selloff more than any other major group, so investors are turning to next week’s slate of earnings to see if the sector can pull itself out of … Continue reading

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Two U.S. states to quarantine health workers returning from Ebola zones

NEW YORK/WASHINGTON (Reuters) – New York and New Jersey will automatically quarantine medical workers returning from Ebola-hit West African countries and the U.S. government is considering the same step after a doctor who treated patients in Guinea came back infected, … Continue reading

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Two killed, four wounded in Washington state school shooting

MARYSVILLE Wash. (Reuters) – A student shot dead a female classmate and wounded four others when he opened fire in the cafeteria of his Washington state high school on Friday, apparently after a fight with fellow students, authorities said. The … Continue reading

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Two deputies killed, two others hurt in California shooting spree

SACRAMENTO Calif. (Reuters) – Two California sheriff’s deputies were killed and two others were wounded in a shooting spree that started in a motel parking lot in Sacramento on Friday, authorities said. The two suspects, described on Twitter by the … Continue reading

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Canada vows tougher laws as citizens worry in face of attacks

OTTAWA/HAMILTON Ontario (Reuters) – Canada vowed on Friday to toughen laws against terrorism in ways that critics say may curtail civil liberties as a country that prides itself on its openness mourned the second soldier this week killed by homegrown … Continue reading

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Stress tests, Ebola cool global stocks after best week of year

LONDON (Reuters) – World stocks dipped on Friday, as European bank stress test results due at the weekend and New York City’s first case of Ebola prompted investors to lock in profits after the best week for shares in well … Continue reading

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Stagnating euro zone seeks to persuade Germany to shift

BRUSSELS (Reuters) – Euro zone leaders sought on Friday to bridge stark differences over how to avoid economic stagnation and deflation in the bloc, with Germany facing fresh calls to soften its budget rigor and spend more. With a U.S.-style … Continue reading

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