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WSJ.com: What's News US
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What's News US
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U.S. Opens Door to More Gas Exports
The Obama administration cleared the way for broader natural-gas exports by approving a $10 billion facility in Texas, a milestone in the U.S. transition into a major supplier of energy for world markets.
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Higher-Ups Knew of IRS Case
An IRS watchdog said he informed Obama administration officials last June that a probe was under way over the agency's targeting of conservative groups.
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SAC to Limit Help in Probe
The move signals that a government investigation of the company and its billionaire founder, Steven A. Cohen, has intensified.
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GM Shares Roar Back to Old Levels
General Motors shares eclipsed their $33 IPO price, fueled in part by enthusiasm over the company's new vehicles.
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House Passes SEC Cost-Benefit Bill
House lawmakers voted largely along party lines Friday to approve a bill that would require U.S. securities regulators to more extensively assess how much their rules cost the financial industry, part of a push to curtail what Republicans say is overly burdensome red tape.
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Stocks Cap Week With Rally
Stocks capped off another strong week with a broad rally, as a bigger-than-expected rise in consumer sentiment bolstered the view of an economy faring better than some feared.
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Starbucks Sets Sights on Vietnam
Starbucks has penetrated scores of markets over the years, but may face a challenge in Vietnam's deep-rooted coffee culture.
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Penney Plans Bangladesh Audits
J.C. Penney plans to beef up its audits of factories in Bangladesh by requiring them for the first time to undergo structural and engineering inspections.
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Gold Selloff Deepens
Gold fell for the seventh straight trading day Friday, notching its longest losing streak since the financial crisis as the metal approached a fresh low.
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Some Banks Halt Foreclosures
Some of the nation's largest banks, including Wells Fargo, suspended foreclosure sales in a number of states following guidance issued by federal banking regulators.
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DirecTV Considers Hulu Bid
DirecTV, the second largest U.S. pay-TV provider, is weighing a potential bid for Hulu, the latest company to show interest in the six-year-old video site.
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Mixed Transocean Results for Icahn
Transocean shareholders rebuffed many of Icahn's efforts to bring about changes. But they awarded the activist investor one victory, dethroning the company's longtime chairman.
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