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WASHINGTON (Reuters) - Many Federal Reserve officials earlier this month wanted to see more evidence that the economy was recovering before shifting toward a tapering of their bond purchase program, the Fed said on Wednesday. `Most observed that the outlook for the labor market had shown progress since the program was started in September,` according to minutes of the Fed`s April 30-May 1 meeting. ...
Wednesday, May 22, 2013 19:58 |
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When French President François Hollande set out to legalize gay marriage, he faced an unexpectedly virulent outcry. Protests, including one that was the largest of its kind in 30 years, drew religious leaders, conservatives fighting for the preservation of family values, and those simply looking for a way to express their discontent with the president.
Wednesday, May 22, 2013 14:06 |
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(Reuters) - Zale Corp on Wednesday reported a modest bump in third-quarter same-store sales and said the former chief executive of its biggest rival, Kay Jewelers parent Signet Jewelers Ltd , will be its new chairman. Terry Burman, who was Signet`s CEO from 2000 to 2011 and oversaw large U.S. market share gains that came partly at Zale`s expense, will take up the post next Friday, Zale said. Zale, which three years ago faced sharply declining sales and narrowly averted a cash shortage, reported that sales at stores open at least a year rose 1.4 percent in the quarter that ended April 30. ...
Wednesday, May 22, 2013 13:50 |
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