Jobs data sparks hope for December payroll gains
Private payroll firm ADP reports 297000 jobs added in December, more than a decade peak, lifting hopes for a blockbuster official Labor Department number. Analysts note questions about ADP accuracy, but the strong figure boosts expectations that unemployment could fall from 9.8 percent as hiring rebounds and big employers resume full-time hiring.
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Qualcomm to buy Atheros for 3.2 billion to boost Wi Fi reach
Qualcomm announces a 3.2 billion deal to acquire Atheros Communications as the pace of Wi Fi connected devices accelerates. The move aims to create a one stop shop for cellular and Wi Fi tech, aligning with rising gadget connectivity and new tablet and TV uses.
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Ford gains on Toyota in Consumer Reports brand perception
Consumer Reports finds Ford 144 points to Toyota 147 in the 2011 Brand Perception Survey a near dead heat. Ford improves safety quality value while Toyota faces recalls and strives to regain leadership in coming years.
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