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Government to review Northwestern bid to unionize

Apr 24, 2014

WASHINGTON (AP) — The National Labor Relations Board has granted Northwestern University's request that it review its ruling that football players at the university are essentially employees of the school with full collective bargaining rights.

It said a previously scheduled vote by Northwestern ...

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Stocks close mostly higher on earnings; Apple up

Apr 24, 2014

By KEN SWEET, AP Markets Writer

NEW YORK (AP) — The stock market closed mostly higher Thursday, helped by positive earnings out of several large U.S. companies including Apple and construction equipment maker Caterpillar.

The markets gains were modest, however, as investors turned their eyes back to ...

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Microsoft 3Q earnings beat Street expectations

Apr 24, 2014

REDMOND, Wash. (AP) — Microsoft Corp. posted flat revenue and a decline in net income for the fiscal third quarter. The results still beat analyst expectations.

Net income in the quarter through March 31 came to $5.66 billion, or 68 cents per share, down from $6.06 billion, or 72 cents per share,

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Manufacturers see better times for economy, jobs

Apr 24, 2014

By JONATHAN FAHEY, AP Business Writer

NEW YORK (AP) — Companies are finally starting to spend some of the cash they've been sitting on, and that could mean a stronger economy and more jobs are on the way.

Industrial companies such as General Electric, Honeywell and Caterpillar have been posting ...

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FDA OKs first-ever DNA alternative to Pap smear

Apr 24, 2014

By MATTHEW PERRONE, AP Health Writer

WASHINGTON (AP) — Federal health regulators have cleared a genetic test from Roche as the first ever U.S.-approved alternative to the Pap smear, the decades-old mainstay of cervical cancer screening.

The Food and Drug Administration approved Roche's cobas HPV test ...

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New York Times 1Q profit falls 51 pct

Apr 24, 2014

NEW YORK (AP) — The New York Times Co. said Thursday that its first-quarter net profit dropped 51 percent, as higher costs outpaced small increases in circulation and advertising revenue.

Times Co. earned $1.7 million, or 1 cent per share, down from $3.6 million, or 2 cents per share, in the same ...

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Amazon launches grocery service for Prime members

Apr 24, 2014

By MAE ANDERSON, AP Retail Writer

NEW YORK (AP) — Amazon is taking aim at grocery stores and discounters like Wal-Mart with a grocery service that lets its Prime loyalty club members fill up to a 45-pound box with groceries and get it shipped for a flat rate of $5.99.

The mega online retailer says ...

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FDA eases into regulating e-cigarettes

Apr 24, 2014

By MICHAEL FELBERBAUM, AP Tobacco Writer

WASHINGTON (AP) — The federal government's move to regulate e-cigarettes is a leap into the unknown.

Most everyone agrees a ban on selling them to kids would be a step forward. But health and public policy experts can't say for certain whether the electronic ...

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GM profit sinks; CEO sees no recall hit to sales

Apr 24, 2014

By TOM KRISHER and DEE-ANN DURBIN, AP Auto Writers

DETROIT (AP) — The cost of recalling nearly 7 million cars and trucks sank General Motors' first-quarter profit, but the company's CEO said the much-publicized recalls have yet to cut into sales.

GM on Thursday reported its worst financial results in ...

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Ladies Home Journal ceasing subscription service

Apr 24, 2014

By The Associated Press

Meredith Corp. says it is ending subscription service of "Ladies' Home Journal" due to declining advertiser interest.

The magazine was launched in 1883 and is one of the nation's oldest women's magazines. It remains quite popular with a current circulation of 3.2 million.

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For airlines not named United, it was a great 1Q

Apr 24, 2014

By DAVID KOENIG, AP Airlines Writer

DALLAS (AP) — Even with the turbulence of severe winter storms and stubbornly high fuel prices, many of the major airlines are cruising and their stock prices are soaring.

Mergers have reduced competition and made it easier for the airlines to limit the supply of ...

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Residents of Wyoming town allowed to return home

Apr 24, 2014

OPAL, Wyo. (AP) — Residents were allowed to return home Thursday, nearly 22 hours after an explosion at a natural gas processing plant forced the evacuation of their small southwestern Wyoming town.

Lincoln County spokesman Stephen Malik said that the evacuation order was lifted shortly after ...

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Russia's Putin calls the Internet a 'CIA project'

Apr 24, 2014

By NATALIYA VASILYEVA, Associated Press

MOSCOW (AP) — President Vladimir Putin on Thursday called the Internet a CIA project and made comments about Russia's biggest search engine Yandex, sending the company's shares plummeting.

The Kremlin has been anxious to exert greater control over the ...

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US journalist released in east Ukraine

Apr 24, 2014

MOSCOW (AP) — An American journalist who was held by pro-Russia insurgents in eastern Ukraine for several days says he has been released and is in good condition.

Simon Ostrovsky of Vice News told The Associated Press in a brief call Thursday that he had been freed and was heading to Donetsk, the ...

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Caterpillar 1Q profit climbs 5 pct, forecast rises

Apr 24, 2014

By TOM MURPHY, AP Business Writer

Caterpillar's first-quarter earnings rose 5 percent, and the construction equipment maker raised its 2014 forecast. But the company also said Thursday that a mining equipment sales slump is still hurting results.

The Peoria, Ill., company now expects 2014 earnings ...

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Aetna's 1Q profit jumps 36 pct, forecast climbs

Apr 24, 2014

By TOM MURPHY, AP Business Writer

Aetna's first-quarter net income soared 36 percent, fueled by gains from a multi-billion-dollar acquisition, and the health insurer hiked its 2014 earnings forecast above Wall Street estimates.

Its results breezed past analysts' expectations, and Aetna shares ...

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Marlboro maker Altria 1Q profit falls

Apr 24, 2014

By MICHAEL FELBERBAUM, AP Tobacco Writer

RICHMOND, Va. (AP) — Altria Group Inc.'s first-quarter profit dropped 15 percent as the Marlboro maker sold fewer cigarettes and its year-ago results benefited from lower expenses from a longstanding legal settlement.

The owner of the nation's biggest ...

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Applications for US unemployment aid jump to 329K

Apr 24, 2014

By CHRISTOPHER S. RUGABER, AP Economics Writer

WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits surged 24,000 to a seasonally adjusted 329,000 last week, though the gain likely reflected temporary layoffs in the week before Easter.

The Labor Department said Thursday that ...

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Mixed earnings news leaves stocks little changed

Apr 24, 2014

NEW YORK (AP) — Mixed earnings news from big U.S. companies left investors searching for direction in early trading, leaving major indexes little changed.

Raytheon fell 5 percent after its results for the first quarter came up short of what investors were expecting. 3M fell 2 percent after its ...

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China set to punish web giant Sina for pornography

Apr 24, 2014

BEIJING (AP) — China's official news agency says authorities plan to revoke two crucial publication licenses for web giant Sina.com because pornographic content was found on its sites.

Xinhua News Agency says the penalty might partially ban the web giant's operations.

Sina apologized Thursday ...

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