TV networks to staff: watch what you tweet on Election Day

LOS ANGELES (Reuters) – U.S. television networks face a new challenge in covering this year’s excruciatingly close presidential election: prevent closely guarded exit poll results from leaking onto Twitter, Facebook and other social media platforms.The major TV news networks agreed to shield early exit poll data suggesting who is leading in a state until...

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Ahead of the Bell: US Consumer Credit

WASHINGTON (AP) — Americans felt more confident about the economy in September and likely stepped up borrowing.Economists forecast consumer borrowing rose by $ 10.3 billion in September from August, according to a survey by FactSet. The Federal Reserve will release the report at 3 p.m. EST Wednesday. In August, consumers...

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Election over but final Florida results still not in

MIAMI (Reuters) – Americans gave President Barack Obama a second term in office, but it still wasn’t clear early on Wednesday whether the president won the key battleground state of Florida.The vote in the state, which introduced the terms “hanging chads” and “butterfly ballots” to the masses in its historic 2000 presidential election, was too close to...

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Move over, Obama; Twitter had a big night too

WASHINGTON (Reuters) – President Barack Obama called it – in less than 140 characters.Around 11:15 pm EST, just as the networks were beginning to call the race in his favor, Obama took to Twitter to proclaim himself the winner over Republican candidate Mitt Romney. “This happened because of you. Thank you,” Obama tweeted.That...

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Canada firms to capitalize on nuclear trade with India

NEW DELHI (Reuters) – Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.Once implemented, the agreement will end a ban on nuclear cooperation Canada imposed in 1976 after...

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Aerosmith puts on Boston street concert on Memory Lane

BOSTON (Reuters) – Thousands of music fans clogged a Boston street on Monday to hear Grammy award-winning rock band Aerosmith perform a free concert in front of the apartment building where the musicians began their career four decades ago.The band blared out hits including “Walk This Way” and “Sweet Emotion” from the back of a specially converted tractor-trailer...

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A Write-Off That Shows Tax Reform Will Be No Game

Theodore Jones has had season tickets on the 43-yard line at Tiger Stadium, home of the perennial football powerhouse Louisiana State University, for almost 20 years. The seats, along with two others, cost him $ 5,340. That’s $ 1,640 for the tickets’ face value, plus $ 3,700 in mandatory donations that Jones gets to write off. The Baton Rouge lawyer...

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Chinese women’s rights activist sent to labor camp again

BEIJING (Reuters) – A Chinese woman who has campaigned against the strict one-child policy has been sent to labor camp for one and a half years, the third time she has been detained for criticizing the government, her husband said on Tuesday.Mao Hengfeng, who lives in Shanghai, was seized in Beijing by a team of security officials on September 20 when...

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Ericsson eyes steady growth despite global downturn

STOCKHOLM (Reuters) – Telecoms gear maker Ericsson expects slower expansion in the more profitable services segment of its business and the same level of growth in its core mobile network equipment market, it said on Tuesday.Competition and increased product commoditization have pressured prices in the industry for years. Europe’s debt crisis and weaker...

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Cautious reformers tipped for new China leadership

BEIJING (Reuters) – China‘s ruling Communist Party will this month unveil its new top leadership team, expected to again be an all-male cast of politicians whose instincts are to move cautiously on reform.Sources close to the leadership say 10 main candidates are vying for seven seats on the party’s next Politburo Standing Committee, the peak decision-making...

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