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Corporate raider Icahn enters battle over Dell

Dell’s plan for a private equity buyout ran into a potential snag Thursday as corporate raider Carl Icahn revealed that he has a stake in the computer giant and is opposing the deal.

The February U.S. jobs report delivered an encouraging surprise Friday, with the unemployment rate slipping to a four-year low of 7.7 percent, from 7.9 percent in January.

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Today, 48 prominent environmental, civil rights, and community leaders from across the country demonstrated at the White House demanding that President Barack Obama reject TransCanada’s Keystone XL tar sands pipeline and address the climate crisis.

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Princeton University Professor of Economics Paul Krugman looks at the U.S. economy, employment, wealth destruction and financial crisis. He speaks on Bloomberg Television’s “Street Smart.”

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The federal mediator guiding negotiations aimed at averting a port strike along the East Coast and Gulf of Mexico said management and labor leaders “made progress” and had agreed to meet again before a Feb. 6 strike deadline.

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The U.S. consumer price index was flat in December, with increases in food and shelter prices offsetting a decline in gasoline prices, government data released Wednesday showed. The gasoline index, which declined by a steep 7.4 percent in November, fell by 2.3 percent in December, the Labor Department said.

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U.S. manufacturers bringing factory jobs home

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The U.S. manufacturing base appears poised for growth, after years of hemorrhaging jobs to Asia and Latin America, among other less costly labor markets, researchers found.

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Amid spiking gasoline prices in California, Gov. Jerry Brown (D) on Sunday ordered air-quality officials to allow sales of winter-blend gasoline this month.

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A proposed sweeping overhaul of federal regulation of toxic substances would result in significant administrative costs for government agencies and millions of dollars in increased costs for chemical manufacturers.

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