Business News
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Political Ads Stir Health Care Horror
Tweet Share on Facebook 12:29PM May 29, 2012 Comment
Health insurance application
WASHINGTON (AP) — They're throwing granny off a cliff!
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Marubeni buying Gavilon for about $3.6 billion
Tweet Share on Facebook 12:22PM May 29, 2012 CommentNEW YORK (AP) — Japan's Marubeni Corp. is buying Nebraska-based grains company Gavilon Holdings LLC for about $3.6 billion in a move to capitalize on rising demand in developing nations for grain and fertilizer.
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Sprint to shut Nextel as early as June 2013
Tweet Share on Facebook 12:16PM May 29, 2012 CommentNEW YORK (AP) — Sprint Nextel Corp. on Tuesday said it will shut down the Nextel network as early as June 30 next year, cutting off service for its characteristic walkie-talkie-like Nextel phones.
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Europeans ambivalent to the euro, survey finds
Tweet Share on Facebook 12:02PM May 29, 2012 CommentLONDON (AP) — The debt crisis that has ravaged Europe for the best part of three years has exposed a dislike of the single currency but little desire to abandon it, a wide-ranging survey of public opinion found Tuesday.
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Home prices rise in most major US cities
Tweet Share on Facebook 10:32AM May 29, 2012 CommentWASHINGTON (AP) — Home prices rose in March from February in most major U.S. cities for the first time in seven months. The increase is the latest evidence of a slow recovery taking shape in the housing market.
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UK ditches half-baked plan for tax on savories
Tweet Share on Facebook 10:02AM May 29, 2012 CommentLONDON (AP) — Britain's government has cooled on its plan to impose a new sales tax on hot savory snacks, such as the humble Cornish pasty and sausage roll, after being criticized for unfairly attacking the poor.
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German Inflation Down to 1.9 Percent in May
Tweet Share on Facebook 8:49AM May 29, 2012 Comment
Germany
BERLIN (AP) — An official estimate shows that the annual inflation rate in Germany, Europe's biggest economy, fell to 1.9 percent in May.
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Pakistan Court Shuts Power Plants
Tweet Share on Facebook 2:50AM May 29, 2012 Comment
A Pakistani farmer works in his field near the site of the demolished compound of slain Al-Qaeda leader Osama bin Laden in northern Abbottabad.
ISLAMABAD (AP) — David Walters saw a business opportunity where few other foreign investors would dare to tread: Pakistan's power sector. He forecast profit by importing power stations, linking them to the national grid and selling the electricity to the energy-starved country.
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APNewsBreak: FEMA trailer litigation nears end
Tweet Share on Facebook 11:28PM May 28, 2012 CommentNEW ORLEANS (AP) — A class-action settlement agreement has been reached to resolve nearly all the remaining court claims over allegations that government-issued trailers exposed Gulf Coast residents to hazardous fumes after Hurricane Katrina, a lead plaintiffs' attorney said Monday.
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Tony Blair says he ducked fight with UK media
Tweet Share on Facebook 9:01PM May 28, 2012 CommentLONDON (AP) — Former Prime Minister Tony Blair has said that he couldn't stand up to Britain's media tycoons while in power, telling an official media ethics inquiry that doing so could have dragged his administration into a political quagmire.
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New York is vying to become global high-tech hub
Tweet Share on Facebook 5:46PM May 28, 2012 CommentNEW YORK (AP) — Just as a trench dug in the 1800s created a shortcut to the nation's interior and helped make New York a global trading hub, the city is now hoping for another "Erie Canal moment" with a high-tech research complex to be built on an island in the East River.
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RIM loses another senior executive
Tweet Share on Facebook 4:52PM May 28, 2012 CommentTORONTO (AP) — Struggling BlackBerry-maker Research In Motion Ltd. said Monday that it is losing another senior executive as its chief legal officer is retiring from the company after 12 years.
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UN labor agency picks Briton Guy Ryder as new head
Tweet Share on Facebook 4:41PM May 28, 2012 CommentGENEVA (AP) — The U.N. International Labor Organization on Monday selected a former trade union leader, Guy Ryder of Britain, to become its new director general, a position that puts him at the forefront of an agency pushing to improve labor conditions around the world.
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Canada to force striking rail workers back to jobs
Tweet Share on Facebook 4:25PM May 28, 2012 CommentTORONTO (AP) — Canada introduced legislation Monday to force striking Canadian Pacific Railway workers back to their jobs after talks stalled over the weekend, the country's labor minister said Monday.
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Greek stocks soar on pro-bailout party's poll gain
Tweet Share on Facebook 3:53PM May 28, 2012 CommentATHENS, Greece (AP) — Greek stock markets rebounded strongly on Monday from a 22-year low on hopes a pro-bailout party will win crucial national elections next month, which would avoid a catastrophic rift with international creditors and keep the struggling country within the euro currency union.
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Mexico suspects cartel in Pepsi subsidiary attacks
Tweet Share on Facebook 3:17PM May 28, 2012 CommentMEXICO CITY (AP) — A drug cartel lieutenant has been detained in a series of firebombing attacks on Mexican potato-chip company Sabritas, a subsidiary of U.S. food giant PepsiCo. Businessmen and experts said Monday the attacks were the first coordinated targeting of a multinational company in Mexico's 5 ½-year-long drug war.
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Mark Zuckerberg makes surprise cameo on Chinese TV
Tweet Share on Facebook 3:09PM May 28, 2012 CommentBEIJING (AP) — Social media sites and blogs have lit up after eagle-eyed viewers spotted a surprise cameo in a Chinese TV documentary about the country's police force: Facebook founder Mark Zuckerberg and his now-wife, Priscilla Chan.
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Argentina: More controls for buying US dollars
Tweet Share on Facebook 2:35PM May 28, 2012 CommentBUENOS AIRES, Argentina (AP) — Argentina is making it harder for people to buy U.S. dollars to pay for travel abroad.
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UK's Cameron holds meeting about eurozone crisis
Tweet Share on Facebook 1:30PM May 28, 2012 CommentLONDON (AP) — Britain's Prime Minister David Cameron has met with top economic officials to discuss the financial crisis in the neighboring eurozone.
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Smith, Jones' 'MiB3' zaps 'Avengers' out of No. 1
Tweet Share on Facebook 12:57PM May 28, 2012 CommentLOS ANGELES (AP) — The comic action heroes of "Men in Black 3" have taken over the weekend box office from the comic-book superheroes of "The Avengers."
