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NYSE Euronext, awaiting a final decision from the European Union on its merger with Deutsche Boerse AG, has other acquisition opportunities, Chief Executive Officers Duncan Niederauer said today.

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Diane Alter – AHN News Reporter
New York, NY, United States (AHN) – Gold prices rallied for a third straight day, spurred higher by a weak U.S. dollar and the Fed’s comments on interest rates made earlier in the week. In mid-afternoon trading on Friday, the most actively traded gold contract, for February delivery, gained $10.50 to $1734.40 a troy ounce on the Comex division of the New York Mercantile Exchange. Giving gold prices a boost were comments from Fed officials on Wednesday in which they said in a statement they expected short-term interest rates to remain near zero until late 2014, citing a slow recovery in the labor market, high unemployment, the ailing housing market and moderating [...] Continue Reading…

President Barack Obama unveiled a new college affordability plan Friday, proposing to further expand student financial aid while providing more assistance to schools that hold tuition down and cutting aid to those that do not.

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Linda Young – AHN News Writer
Washington, DC, United States (AHN) – Initial jobless claims for the week ending Jan. 21 rose by 21,000 to 377,000, compared with the previous week’s revised figure of 356,000, the U.S. Department of Labor said. The less volatile four-week moving average was 377,500, a drop of 2,500 from the previous week’s revised average of 380,000. DOL figures show that the total number of people claiming benefits in all programs for the week ending Jan. 7, the most recent week for which such data is available, was 7,638,233, down by 188,612 people from the previous week. The largest increases in initial claims for the week ending Jan. 14 were: Florida [...] Continue Reading…

Diane Alter – AHN News Reporter
New York, NY, United States (AHN) – Wall Street opened lower Friday after a report showed that the U.S. economy expanded less than forecast.. Just after the opening bell, the Dow Jones Industrial Average was lower by 33 points, the Standard and Poor’s 500 Index was flat and the NASDAQ was up by about 6 points. Weighing on stocks was a report that showed the U.S. economy expanded at 2.8 percent in the fourth quarter, less than the 3 percent that had been projected. In Europe the Stoxx Europe 600 Index slipped 0.7 percent as investors await word on developments on the region’s sovereign debt crisis. European Union Economic and Monetary [...] Continue Reading…

JPMorgan Chase & Co.’s Treasury and Securities Services division dismissed about 100 people, less than 1 percent of the unit’s workforce, as part of the bank’s periodic staff adjustments, said a person briefed on the move.
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Linda Young – AHN News Writer
New York, NY, United States (AHN) – Yahoo’s quarterly profits fell by 5 percent during the last three months of 2011, marking 13 consecutive quarters of declines. Net income fell to $296 million, or 24 cents per share. The latest quarterly report came three weeks into the company’s management under new chief executive Scott Thompson and one week after Yahoo’s co-founder, Jerry Yang, left the board of directors. Company officials made no mention of what Yahoo’s new direction might be, but the board began a strategic review in September that includes selling the Asian assets. All that company officials would tell investors is that Yahoo plans to build on its [...] Continue Reading…

Diane Alter – AHN News Reporter
Washington, D.C., United States (AHN) – The U.S. government on Wednesday released new nutrition standards for school meals that mandate dramatic changes. Among the changes, sodium will be slashed, calories will be cut and students will be offered a wider variety and larger portions of fruits and vegetables. These changes raise the nutrition standards for school meals for the first time in more than 15 years. The quality of school menus have been the subject of some heated debates for years. Sparking the debates is the growing number of overweight or obese children in the United States. The latest tally put the number at one-third. The changes are designed to improve [...] Continue Reading…

Linda Young – AHN News Writer
London, United Kingdom (AHN) – The outlook for the global labor market is worse for 2012 than it was in 2011 when one in three workers or an estimated 1.1 billion people, either were unemployed or living in poverty, the International Labour Organization (ILO) says. Findings came from its annual Global Employment Trends 2012 report released this week. ILO officials said they were more pessimistic because three years of crisis conditions in the global labor market have created a weaker global economy. The ILO called on governments to do more to create jobs. Calling the situation an “urgent challenge,” the ILO said governments needed to create 600 million jobs over the [...] Continue Reading…

AHN Sports Staff
Santa Clara, CA, United States (AHN Sports) – Kyle Williams faced the aftermath of his mistakes in the NFC Championship head on Monday. The day after his turnovers on two punt returns led to a loss to the New York Giants in overtime, the San Francisco 49ers wide receiver met with reporters to talk about what had to be the toughest day of his athletic career. Williams’ fumbles in the fourth quarter and overtime led to the Giants’ final 10 points in a 20-17 overtime victory Sunday night that sent New York to the Super Bowl. To his credit, Williams took on thew questions about the game rather than hiding and hoping it went [...] Continue Reading…