Top Stories: Business and Finance

January 9, 2011 at 12:35 AM UTC

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Jan. 8 (Bloomberg) -- The following are the day's top business stories:

1. U.S. Payrolls Miss Forecast, Showing Labor Market Recovery May Take Years 2. Yellen Says Fed's Asset Purchases to Create 3 Million Private Jobs by 2012 3. U.S. Stocks Advance for Sixth Straight Week as Economic Data Beat Forecast 4. Liberty Media's Starz `In No Rush' to Renew Netflix Deal for Movies Online 5. Renault Electric Car Leaks Said to Pose Risk to Nissan, LG Chem Technology 6. IGate-Led Group Said to Near Takeover of India's Patni Computer Systems 7. Bank of England to Keep Stimulus as Inflation Prompts Rate Forecast Change 8. Florida, Arizona Banks Seized by Regulators in First U.S. Failures of 2011 9. Carlos Slim's Minera Frisco Jumps 34% in Two Days of Trading After Spinoff 10.Asian Stocks Rise a Fourth Week as Dollar, U.S. Reports Boost Exporters 11.Ride-Pimping Entrepreneur Seeks First Billion by 30 With Asian Streetwear 12.Most Read on Bloomberg: Treasuries Drop; Goldman's Facebook Holding, Snow