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• Nvidia weighs on Nasdaq (Reuters)
• Exxon, Shell growth now led by natural gas (Reuters)
• Jobless claims fall, raise optimism for recovery (Reuters)
• Toyota recalling over 416,000 cars in U.S., Canada (Reuters)
• Panasonic buying Sanyo and other unit for $9.4 billion (Reuters)
• Soros to buy 4 pct stake in Bombay bourse: report (AFP)
• (AP)
• Kennametal 4Q profit beats analyst expectations (AP)
• Italy seeks private sponsors to restore Colosseum (AP)
• Mortgage rates hit low of 4.54 percent (AP)
• China allows release of critical IMF report (AFP)
• Out-of-stock Kindle may mean new version coming (Reuters)
• Foreclosures up in 75 percent of top U.S. metro areas (Reuters)
• Crews work to keep oil spill from Lake Michigan (AP)
• Obama pushes business bill as an all-American goal (AP)
• China govt approves Geely acquisition of Volvo (AP)
• The Rebirth of Prague's Vltava River (BusinessWeek)

Nvidia weighs on Nasdaq (Reuters) Posted: 29 Jul 2010 08:43 AM PDT Reuters - U.S. stocks fell on Thursday, with the Nasdaq trading down more than 1 percent, after Nvidia Corp slashed its second-quarter sales outlook, citing weakness in Europe and China.

Exxon, Shell growth now led by natural gas (Reuters) Posted: 29 Jul 2010 08:11 AM PDT Reuters - Exxon Mobil and Royal Dutch Shell Plc (RDSa.L) reported strong growth in production on Thursday after years of largely falling output, helping to send second-quarter profits soaring.

Jobless claims fall, raise optimism for recovery (Reuters) Posted: 29 Jul 2010 06:15 AM PDT Reuters - New U.S. claims for unemployment benefits fell slightly more than expected last week, offering a ray of hope for the anemic labor market recovery.

Toyota recalling over 416,000 cars in U.S., Canada (Reuters) Posted: 29 Jul 2010 07:34 AM PDT Reuters - Toyota Motor Corp said on Thursday it would recall nearly 417,000 high-end passenger cars and SUVs in the United States and Canada to fix steering problems.

Panasonic buying Sanyo and other unit for $9.4 billion (Reuters) Posted: 29 Jul 2010 05:44 AM PDT Reuters - Japan's Panasonic Corp (6752.T) said it would buy out subsidiaries Sanyo Electric (6764.T) and Panasonic Electric Works (6991.T) for up to $9.4 billion in cash and shares to accelerate its push into greener businesses.

Soros to buy 4 pct stake in Bombay bourse: report (AFP) Posted: 27 Jul 2010 11:23 PM PDT AFP - Billionaire investor George Soros is close to sealing a 40-million-dollar deal to buy Dubai Holding's 4.0 percent stake in the Bombay Stock Exchange (BSE), the Financial Times reported Wednesday.

(AP) Posted: 29 Jul 2010 07:01 AM PDT AP - Mortgage rates drop to 4.54 pct., hitting lowest level on record for fifth time in six weeks.

Kennametal 4Q profit beats analyst expectations (AP) Posted: 29 Jul 2010 09:21 AM PDT AP - Kennametal Inc., which provides vehicle, aerospace and machinery makers with advanced materials and engineered products, posted a fourth-quarter profit on Thursday, reversing a year-ago loss.

Italy seeks private sponsors to restore Colosseum (AP) Posted: 29 Jul 2010 07:59 AM PDT AP - Italian officials are seeking to raise some euro25 million (about $32 million) in private money to finance the restoration of one of the country's iconic landmarks: the Colosseum.

Mortgage rates hit low of 4.54 percent (AP) Posted: 29 Jul 2010 07:39 AM PDT AP - Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and refinancing the most attractive in decades for those who can get loans.

China allows release of critical IMF report (AFP) Posted: 29 Jul 2010 08:31 AM PDT AFP - China allowed an annual IMF staff report that is critical of its currency policy to be released Thursday for the first time in four years, a senior fund official said.

Out-of-stock Kindle may mean new version coming (Reuters) Posted: 28 Jul 2010 10:56 AM PDT Reuters - Amazon.com said its best-selling Kindle device was currently out of stock, leading one Internet analyst to surmise the online retailer was poised to launch a new version.

Foreclosures up in 75 percent of top U.S. metro areas (Reuters) Posted: 29 Jul 2010 04:48 AM PDT Reuters - Foreclosures rose in 3 of every four large U.S. metro areas in this year's first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday.

Crews work to keep oil spill from Lake Michigan (AP) Posted: 29 Jul 2010 09:21 AM PDT AP - Federal officials believe an oil spill that has contaminated a major Michigan river was larger than first estimated, and the governor is warning of a "tragedy of historic proportions" should the oil reach Lake Michigan some 80 miles away, and the vacation communities that depend on it.

Obama pushes business bill as an all-American goal (AP) Posted: 28 Jul 2010 04:23 PM PDT AP - President Barack Obama on Wednesday cast his latest economic pitch as a matter of patriotism, urging the Senate to ditch its partisan mode at least long enough to pass a package of tax cuts and loan relief for small businesses. "This is as American as apple pie," the president said.

China govt approves Geely acquisition of Volvo (AP) Posted: 29 Jul 2010 08:29 AM PDT AP - Geely Holding Group has received final Chinese government approval to acquire Volvo Cars from Ford Motor Co., the Commerce Ministry said Thursday.

The Rebirth of Prague's Vltava River (BusinessWeek) Posted: 29 Jul 2010 05:08 AM PDT BusinessWeek - When Petr Vojak was deciding where to settle down with his family last year, his aim was clear. He wanted somewhere peaceful yet central. Eventually, they decided on a new flat in a northern district along the Vltava river, which flows through Prague.

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