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French police use tear gas on steelworkers

Mar 15, 2012

By JEAN-MARIE GODARD, Associated Press

PARIS (AP) — French police fired tear gas Thursday at steelworkers worried about job losses, as they tried to force their way toward the headquarters of President Nicolas Sarkozy's re-election campaign.

About 200 workers from an ArcelorMittal plant in ...

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Poland may start shale gas production in 2014

Mar 15, 2012

WARSAW, Poland (AP) — Poland's treasury minister said Thursday that the country may start producing shale gas for commercial use in 2014, a move that should help the country limit its reliance on neighboring Russia for a large chunk of its energy needs.

Mikolaj Budzanowski said that commercial ...

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Stocks run out of steam on modest US data

Mar 15, 2012

By PAN PYLAS, Associated Press

LONDON (AP) — Stock markets ran out of steam Friday after a closely watched U.S. survey of consumer confidence reinforced concerns over the impact of rising oil prices.

In its monthly survey, the University of Michigan said its main index of consumer confidence ...

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Tesco's UK head quits as retailer struggles

Mar 15, 2012

LONDON (AP) — Tesco, Britain's biggest retailer, said Thursday that the head of its domestic business, Richard Brasher, is resigning in the wake of a profit warning following one of the company's most disappointing trading periods in years.

Tesco said Brasher will be leaving in July and that the ...

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Lufthansa warns profits to slide again this year

Mar 15, 2012

By JUERGEN BAETZ, Associated Press

BERLIN (AP) — German airline Deutsche Lufthansa AG on Thursday warned of lower profits this year due to high fuel prices and economic uncertainties caused by the debt crisis.

The operating profit is expected to slide from euro820 million ($1.1 billion) in 2011 ...

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Biden making first major foray into 2012 campaign

Mar 15, 2012

By JULIE PACE, Associated Press

WASHINGTON (AP) — Vice President Joe Biden is making his first major foray into the 2012 presidential campaign in politically crucial Ohio.

Biden will vigorously defend President Barack Obama's bailout of the auto industry in a speech Thursday to an auto workers ...

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Protesters picket key tobacco show in Philippines

Mar 15, 2012

By OLIVER TEVES, Associated Press

MANILA, Philippines (AP) — Hundreds of anti-smoking advocates on Thursday picketed a large international tobacco fair in the Philippines, a country that has drawn more attention from the industry as Western nations pile on restrictions and taxes.

A pack of ...

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CDC launching graphic anti-smoking ad campaign

Mar 15, 2012

By MIKE STOBBE, Associated Press

ATLANTA (AP) — Tobacco taxes and smoking bans haven't budged the U.S. smoking rate in years. Now the government is trying to shock smokers into quitting with a graphic nationwide advertising campaign.

The billboards and print, radio and TV ads show people whose ...

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Some states saw spike in foreclosures in February

Mar 15, 2012

By ALEX VEIGA, Associated Press

LOS ANGELES (AP) — Foreclosure activity surged last month across about half of the nation's states, as banks tackled a backlog of homes with mortgages that had gone unpaid yet remained in limbo due to delays stemming from foreclosure-abuse claims.

The increase ...

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US, EU, Japan challenge China over minerals trade

Mar 14, 2012

By DON MELVIN, Associated Press

BRUSSELS (AP) — The United States, the European Union and Japan filed complaints Tuesday with the World Trade Organization charging that China is limiting its export of rare earths, minerals that are vital to the production of high-tech goods.

China accounts for ...

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Markets steady despite more positive US news

Mar 14, 2012

By PAN PYLAS, Associated Press

LONDON (AP) — Markets were steady on Thursday following recent gains that have pushed many U.S. indexes to their highest levels since the collapse of investment bank Lehman Brothers in 2008.

In recent weeks, stocks have rallied on the combination of upbeat U.S.

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Yahoo board battle may begin within the next week

Mar 14, 2012

By MICHAEL LIEDTKE, Associated Press

SAN FRANCISCO (AP) — A potentially nasty battle to reshape Yahoo's board of directors will begin within the next week unless the troubled Internet company submits to the demands of a major shareholder.

Third Point LLC, a hedge fund that owns a 5.8 percent ...

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Fed now tweeting, but keep expectations in check

Mar 14, 2012

By MARTIN CRUTSINGER, Associated Press

WASHINGTON (AP) — The Federal Reserve isn't known for its brevity. Now, it has no choice.

At least when it comes to the tweets it will issue through its official Twitter channel — (at)federalreserve — which it launched Wednesday.

Like other Twitter users,

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Thieves rolling Tide detergent out of stores

Mar 14, 2012

By BEN NUCKOLS, Associated Press

WASHINGTON (AP) — When police in suburban Washington raided the home of a suspected drug dealer last fall, they found the cocaine, all right, but also something unusual on the man's shelves: nearly 20 large bottles of liquid Tide laundry detergent.

It turns out ...

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Citi disappointment on Fed test raises questions

Mar 14, 2012

By PALLAVI GOGOI, Associated Press

NEW YORK (AP) — Everyone expected Citigroup to pass the Federal Reserve's latest stress test easily.

It had just posted two years of profits, and CEO Vikram Pandit said as recently as March 7 that he was "confident" about rewarding shareholders with more ...

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When 'take this job and shove it' isn't enough

Mar 14, 2012

By SCOTT MAYEROWITZ, Associated Press

NEW YORK (AP) — Sometimes, giving two weeks' notice just isn't enough.

The Goldman Sachs muppet manifesto — a departing executive's lengthy and very public screed against the company's blind pursuit of profits — is only the latest example of taking ...

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Review: 5 ways to control your privacy on Google

Mar 14, 2012

By ANICK JESDANUN, Associated Press

NEW YORK (AP) — Like it or not, your relationship with Google is becoming a lot more intimate.

The company recently expanded its ability to combine data from its various services to create a highly detailed profile on you.

Google says it's doing that to ...

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Schools getting choice on beef: Pink slime or no?

Mar 14, 2012

By MICHAEL HILL, Associated Press

ALBANY, N.Y. (AP) — "Pink slime" just went from a simmer to a boil.

In less than a week this month, the stomach-turning epithet for ammonia-treated ground beef filler suddenly became a potent rallying cry by activists fighting to ban the product from supermarket ...

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25 countries to get iPad a week after US launch

Mar 14, 2012

CUPERTINO, Calif. (AP) — After the new iPad goes on sale Friday in the U.S. and nine other countries, Apple will make the tablet computer available in 25 additional countries a week later, mostly in Europe.

The new iPad is Apple's third version and sports a faster processing chip and a sharper ...

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Senate leaders drop standoff on judges, jobs bill

Mar 14, 2012

WASHINGTON (AP) — Senate Republican and Democratic leaders ended their standoff Wednesday over President Barack Obama's judicial nominations and agreed to debate a small-business bill that both parties favor in this presidential and congressional election year.

On the brink of 17 grueling votes in ...

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