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• Surprising GDP helps stocks close sharply up
Government-chartered mortgage companies Fannie Mae and Freddie Mac rose for a fourth straight session after Fannie Mae announced a management shake-up and analysts raised further doubts that a government bailout of the companies is in the offing ...
• Spring's economic rebound unlikely to last
Health care products maker Abbott Laboratories, telecommunications provider Embarq Corp., and aluminum maker Alcoa Inc. are among the companies recently announcing layoffs.
• Cervical cancer advances give hope to poor
The drug companies have said in the past they would cut the cost for developing nations substantially but have stopped short of saying they would make the treatments not-for-profit.
• Industry groups file lawsuit over polar bear rule
In the meantime, energy companies have paid billions for the right to explore for oil and natural gas in polar bear habitat. The Interior Department would not comment on the lawsuit.
• Apple's image still shines despite iPhone woes
Very few companies have this kind of iconic status where anything they do, even if it is mediocre, will automatically have a halo around it," he said.