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Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards.
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WASHINGTON-- Amtrak may resume service between New York City and Boston on Friday if commuter rail tracks damaged by Superstorm Sandy are repaired in time, Joseph Boardman, the railroad's president, said late Thursday. The storm flooded two train tunnels under the Hudson River and four under the East River.
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Nov 1- Disaster modeling company Eqecat now estimates that monster storm Sandy caused up to $20 billion in insured losses and $50 billion in economic losses in the United States, the company said on Thursday.
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WASHINGTON, Nov 1- U.S. companies added jobs in October at the fastest pace in eight months, a sign of modest healing in the labor market just days before a presidential election that could hinge on the economy. Private employers added 158,000 workers last month, the biggest gain since February, payrolls processor Automatic Data Processing said.
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*Wall Street banks in lower Manhattan reliant on generators. NEW YORK, Nov 1- New York taxi and car service companies started pulling vehicles off the road on Thursday as the fuel crunch deepened, with the vast majority of storm-hit service stations in the greater New York area now out of gasoline or without power.
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WASHINGTON, Nov 1- U.S. companies added jobs in October at the fastest pace in eight months, a sign of modest healing in the labor market just days before a presidential election that could hinge on the economy. Payrolls processor Automatic Data Processing said private employers added 158,000 workers last month.
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BOSTON, Nov 1- William Gross, co-chief investment officer of America's biggest bond mutual fund, said recent U.S. policies are not generating the kind of growth needed to kick-start the economy and may usher in ``disruptive financial markets'' in the future.
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WASHINGTON, Nov 1- U.S. companies added jobs in October at the fastest pace in eight months, a sign of modest healing in the labor market just days before a presidential election that could hinge on the economy. Payrolls processor Automatic Data Processing said private employers added 158,000 workers last month.
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FRAMINGHAM, Mass.-- TJX saw revenue at its established TJ Maxx and Marshalls clothing stores rise 7 percent in October, easily beating Wall Street expectations. Analysts polled by Thomson Reuters expected the company's revenue at stores open at least a year to increase 4.4 percent.
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The massive storm that started out as Hurricane Sandy slammed into the East Coast and morphed into a huge and problematic system, killing at least 75 people in the United States. Governor lifts state of emergency and authorizes National Guard to continue cleanup support. Governor sends forest rangers to New York City to help with recovery there.
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Ever since James Watson and Francis Crick discovered the structure of DNA in 1953, scientists have been puzzling over how genes make us who we are.
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*Ameridose says FDA asked it to improve sterility testing. *FDA concerned about availability of several drugs. The Westborough, Massachusetts- based company, which was closed on Oct. 10, said it had not received any reports of adverse reactions to the products it is recalling but that the FDA has asked it to improve its sterility testing processes.
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Oct 31- JPMorgan Chase& Co, Citigroup Inc and Wells Fargo& Co said on Wednesday they have reopened more than half of the branches that were closed as Hurricane Sandy battered the U.S. East Coast early this week. JPMorgan said it had reopened 587 Chase branches, about 55 percent of the total in the states of New York, New Jersey and Pennsylvania.
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BOSTON, Oct 31- Some of Citigroup Inc's banking sites went down for about half an hour on Wednesday, making its online banking system temporarily inaccessible to customers, some of whom were housebound in the wake of giant storm Sandy.
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``Ameridose and FDA agree that the use of injectable products that are not sterile can represent a serious hazard to health,'' the company said in a statement, adding that it shipped its medications nationwide. Earlier this month the FDA said, ``The current production shutdown of Ameridose may impact supplies of certain drugs for some health care systems.''.
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BOSTON, Oct 31- Some of Citigroup Inc's banking sites went down for about half an hour on Wednesday, making its online banking system temporarily inaccessible to customers, some of whom were housebound in the wake of giant storm Sandy.
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BOSTON, Oct 31- Ameridose, the sister company to the U.S. pharmacy linked to a national outbreak of meningitis that has killed 28 people, on Wednesday announced it was recalling all its products, in a move to cooperate with U.S. and state regulators.
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BOSTON, Oct 31- The U.S. Department of Homeland Security is considering setting up a ``Cyber Reserve'' of computer security experts who could be called upon in the event of a crippling cyber attack. ``The status quo is not acceptable,'' DHS Deputy Secretary Jane Holl Lute told Reuters in a recent interview. ``We are not standing around.
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The East Coast's most populated region is struggling to recover from devastating Hurricane Sandy, its worst storm in generations.
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Fans want to see certain NBA matchups very badly, and in some of these cases this has driven up prices for those games by 400 percent or more. Read ahead to see the 10 most expensive NBA tickets of the 2012-2013 season.
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*Biogen hemophilia A drug effective in trial. BOSTON, Oct 31- Biogen Idec Inc said on Wednesday its experimental treatment for patients with hemophilia A, a disorder that inhibits coagulation of the blood, controlled bleeding with fewer treatments in a late-stage clinical trial. Glenn Pierce, Chief Medical Officer for Biogen's hemophilia program.