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Data inspires bulls; AmEx cutting jobs (2:01) 

Jan. 10 - Summary of business headlines: S&P 500 is back at five-year peak after China, U.S. data inspires confidence; American Express to cut 5,400 jobs; Wal-Mart knew of Mexico bribes -U.S. lawmakers; Obama names Treasury pick. Conway G. Gittens reports. ( Transcript )

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