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Hasbro posts 1Q profit, sales of girls’ toys rise

Hasbro, Monopoly

PAWTUCKET, R.I. (AP) — Hasbro returned to profitability in its first quarter, driven by sales of girls’ toys such as My Little Pony and Nerf Rebelle. The prior-year results were dragged down by restructuring charges.
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US stocks rise, extending gains into third day

Wall Street

Major U.S. stock indexes rose Wednesday afternoon and were headed for a third day of gains in a row. Investors welcomed encouraging news about China’s economy as they monitored U.S. company earnings. Yahoo and Delta Air Lines were among the companies rising sharply in afternoon trading.
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US trade deficit hits $42.3 billion in February

Trade Gap

WASHINGTON (AP) — The U.S. trade deficit climbed to the highest level in five months in February as demand for American exports fell while imports increased slightly.
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China announces plans to expand cities

China Urbanization

BEIJING (AP) — China has announced plans to expand its cities and improve public services to support economic growth by allowing millions more rural residents to migrate to urban jobs.
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Premier says China flexible on growth target

China Politics

BEIJING (AP) — China will keep this year’s economic expansion strong enough to create new jobs but will emphasize market-opening reform and cleaning up smog-choked cities over hitting its official growth target, the premier said Thursday.
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Construction crunch slows Japan tsunami rebuilding

TANOHATA, Japan (AP) — Tens of thousands of people on Japan’s northeastern coast who were left homeless in the March 2011 tsunami are shivering their way through yet another winter in cramped temporary housing, with perhaps several more to go.
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