Wall Street fluctuates as debt ceiling debate deepens
Wall Street edged lower amid Washington debate over raising the U.S. debt limit. Treasury Secretary Geithner warned the limit could be hit by mid February, while Fed Chief Bernanke called the issue a fiscal watershed. Dow fell 11 to 13,495. S&P 500 down 2 to 1,468. Nasdaq down 13 to 3,105.
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Facebook unveils graph search at Menlo Park HQ
Facebook CEO Mark Zuckerberg unveiled graph search, a privacy aware social search feature that lets users query friends, photos, places and interests. The tool will roll out slowly on the website in English, with mobile access later, and aims to compete with traditional search while respecting shared content.
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Wal-Mart pledges jobs for veterans and more American goods
Wal-Mart announces a three part plan to spur the U.S. economy including hiring over 100,000 veterans in five years and spending 50 billion dollars to buy American made products in ten years. The program also aims to advance part timers to full time positions and boosts its domestic supplier focus.
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