Regions News
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U.S. stocks rose, paring earlier gains, after the Federal Reserve lowered its outlook for the economy in 2012 and refrained from announcing additional stimulus measures.
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Mexico, one of three Latin American nations that uses nuclear power, is abandoning plans to build as many as 10 new reactors and will focus on natural gas-fired electricity plants after boosting discoveries of the fuel.
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The trustee liquidating broker-dealer MF Global Inc. is in talks with brokerages that may take over customer accounts or buy “pieces of the business,” said Stephen Harbeck, president of the Securities Investor Protection Corp., which is overseeing the liquidation.
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Oil was little changed in the last hour of floor trading in New York.
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