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Target cuts annual profit outlook

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Target slashed its annual profit outlook as the retailer continues to reel from a massive data breach, a disappointing expansion in Canada and sluggish sales in the U.S. More>>

Twitter tries to block images of Foley killing

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Twitter is trying to block the spread of gruesome images of the beheading of journalist James Foley by Islamic State militants, while a movement to deny his killers the publicity they crave is also gaining momentum. More>>

Global stocks drift ahead of Fed minutes

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Global stocks drifted lower on Wednesday as investors awaited the release of minutes to Federal Reserve's last policy meeting. Some Asian indexes closed higher on the back of positive U.S. economic figures the day... More>>

Lowe's 2Q profit rises as weather improves

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Lowe's second-quarter net income increased 10 percent, bolstered by improving weather. More>>

Israel, Gaza militants trade fire after talks fail

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Palestinian militants launched dozens of rockets and Israel responded with airstrikes on Wednesday after Egyptian efforts to mediate a lasting truce in the monthlong Gaza war collapsed in a hail of fire a day earlier. More>>

Some Bank of England board members seek rate hike

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Consensus among policymakers at the Bank of England has been shattered, with two of nine members of the monetary policy committee voting to increase interest rates from a record low of 0.5 percent. More>>

Glencore swings to profit, announces buyback

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Commodities and mining group Glencore PLC says it will buy back up to $1 billion of its own shares as profit for the first half of the year rose 8 percent. More>>

Global cruise lines set sail for China

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Royal Caribbean's newest ship has attractions not usually seen on cruise liners, including bumper cars, a skydiving simulator and a glass observation capsule on a mechanical arm that lifts its passengers high into the... More>>

Bloomberg offers grants to help cities innovate

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American cities looking to be more innovative in how they address local issues can now get a helping hand from former New York City Mayor Michael Bloomberg's charitable foundation. More>>

China fines 12 Japanese firms in auto price probe

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China announced Wednesday it will fine 12 Japanese auto parts suppliers a total of $202 million for colluding to raise prices in an unfolding anti-monopoly probe of the country's auto industry. More>>

Prison company pays $8 million in back wages

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The nation's largest private prison company, Corrections Corp. of America, has paid more than $8 million in back wages and benefits to current and former employees guarding federal inmates at a prison in California... More>>

Macy's to pay $650,000 in shopper-profiling probe

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The retailer Macy's has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in Manhattan's Herald Square. More>>

Asia stocks make slight gains, await Yellen speech

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Asian stock markets got a slight boost Wednesday from positive U.S. economic figures that reinforced expectations of eventual Fed rate hikes and a stronger dollar. More>>

Peanut, almond butter recalled for salmonella risk

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A unit of Hain Celestial Group Inc. is recalling some peanut and almond butter because of possible salmonella contamination. More>>

Ballmer steps down from Microsoft board

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Former Microsoft CEO Steve Ballmer is stepping down from the company's board, closing a chapter on 34 years with the software giant. More>>

New Mexico chile gets certified-product safeguards

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Idaho has its potatoes. Florida has its fresh fruits and juices. Vidalia is the name synonymous with the nation's most famous sweet onion. More>>

WWII bomb found near Frankfurt airport

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A World War II bomb found Tuesday next to a highway near Frankfurt airport was disposed of in a controlled explosion, causing some disruption to flight operations. More>>

Islanders announce sale of minority stake of club

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The New York Islanders are selling a minority stake of the team, with a former Washington Capitals co-owner and a London-based investor to become full owners in two years. More>>

Audit: 'Obamacare' tax not meeting revenue target

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An "Obamacare" tax on medical devices is falling short of its revenue target because thousands of companies aren't paying it, according to a government audit released Tuesday. More>>

US stocks move higher; Home Depot rises

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U.S. stocks are closing higher after investors got some encouraging news about home building and corporate earnings. More>>

UN urges exit screening for Ebola at some airports

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Ebola-affected countries should immediately begin exit screening all passengers leaving international airports, sea ports and major ground crossings, the U.N. health agency said on Monday. More>>

Government wants to make cars talk to each other

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The Obama administration said Monday it is taking a first step toward requiring that future cars and light trucks be equipped with technology that enables them to warn each other of potential danger in time to avoid... More>>

Tips for parents: To post or not to post?

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Privacy-wary parents are increasingly pausing before they post photos, names and other information about their wee ones on social media. Some are choosing a complete blackout, while others opt for nicknames and a few... More>>

Google's pivotal IPO launched a decade of big bets

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Google's IPO, a decade ago this week, launched the company on a trajectory that continues to reshape its business and much of the world in its orbit. More>>

Q&A: How 1 US factory owner fought cheap imports

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Much of U.S. manufacturing has been decimated in the past decade by less expensive imports from China, but it didn't necessarily have to be that way, according to a compelling new book by journalist Beth Macy. More>>

Somalia TV sales grow as many avoid public places

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Inside the small office, the line of sweating clients waiting to renew their satellite TV subscriptions keeps growing. Technicians crimp wires and test signal strength of boxes while others go to homes across the Somali... More>>

US home construction jumps 15.7 percent in July

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U.S. home construction rebounded in July, rising to an eight-month high and offering hope that housing has regained momentum after two months of declines. More>>

Community Health details attack on patient records

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Hospital operator Community Health Systems said a cyberattack took information on more than 4 million patients from its computer network earlier this year. More>>

US stocks move higher; Home Depot rises

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U.S. stocks are moving higher in midday trading after investors got some encouraging news about home building and corporate earnings. More>>

Container shipping rise bodes well for world trade

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The world's largest shipping company says it is sending more containers around world, a sign that global trade - and possibly economic growth - is picking up. More>>

HTC makes Windows version of flagship One phone

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HTC will start making a version of its flagship HTC One phone with Microsoft's Windows software inside. More>>

Thousands of intense earthquakes rock Iceland

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Thousands of small intense earthquakes are rocking Iceland amid concerns that one of the country's volcanoes may be close to erupting. More>>

Egypt picks consortium to draft Suez plan

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Egypt selected a consortium of Egyptian and the Persian Gulf companies Tuesday to develop the government's mega project to transform the Suez Canal waterway into a hub of international investment and free trade zones,... More>>

Home Depot 2Q profit climbs 14 percent

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Home Depot's fiscal second-quarter net income surged 14 percent thanks to a rebound in its spring selling season. More>>

McDonald's to sell packaged coffee nationally

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McDonald's plans to start selling its packaged coffee at supermarkets nationally by early next year, a move intended to help raise the profile of the coffee sold at its U.S. restaurants. More>>

US stocks open higher; Home Depot rises

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Better news on home building and corporate earnings are sending stocks higher. More>>

Consumer prices edge up 0.1 percent in July

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U.S. consumer prices rose in July at the slowest pace in five months, held back by a drop in gasoline prices. More>>

UK inflation rate falls more than expected

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Britain's inflation rate fell more than expected in July, to 1.6 percent from 1.9 percent in June, easing pressure on the Bank of England as it weighs when to raise interest rates. More>>

US won't reveal records on health website security

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After promising not to withhold government information over "speculative or abstract fears," the Obama administration has concluded it will not publicly disclose federal records that could shed light on the security of the... More>>

Asia stocks rise after US gains, Ukraine diplomacy

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Asian stocks were mostly higher Tuesday after U.S. markets rose on news of diplomatic efforts to broker a cease-fire in Ukraine. More>>

'Ninja Turtles' kicks out box-office competition

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The reptile reboot "Teenage Mutant Ninja Turtles" held off a trio of new challengers at the weekend box office. More>>

Dollar General enters bidding for Family Dollar

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The nation's top dollar store chains are betting big that their once-thriving business will make a comeback if they band together. More>>

New Corvette feature keeps an eye on valets

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Face it. If you own a luxury or sports car, whenever you hand the keys to a valet, you imagine the car going on a high-speed joyride like the Ferrari in the 1980s cult movie "Ferris Bueller's Day Off." More>>

US stocks move higher; Dollar General jumps

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A bidding contest for a discount retailer and easing concerns about Ukraine helped send U.S. stock indexes higher. More>>

PG&E pleads not guilty to charges in deadly blast

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Pacific Gas & Electric Co. pleaded not guilty Monday to charges in a new indictment that accuses the utility of lying to federal investigators looking into a fatal pipeline explosion in a San Francisco Bay Area... More>>

Iceland warns of possible volcanic eruption

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Iceland has raised its alert level for the risk of a possible volcanic eruption to orange -the second-most severe level. More>>

NYC's Met opera reaches deals with 2 unions

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New York's Metropolitan Opera reached tentative labor deals with two of its largest unions early Monday while negotiations continued with 10 more unions in hopes of averting a lockout. More>>

USDA: Cost to raise child up slightly to $245,340

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A message for new parents: get ready for sticker shock. More>>

McDonald's confronts its junk food image

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At a dinner McDonald's hosted for reporters and bloggers, waiters served cuisine prepared by celebrity chefs using ingredients from the chain's menu. More>>

UK to pay Raytheon $373 million in tribunal ruling

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Britain's government says it will pay some 224 million pounds ($373 million) to defense firm Raytheon Systems Ltd. for unlawfully ending a contract for a program meant to collect information in advance about passengers... More>>

PriceWaterhouseCoopers to pay $25M in bank case

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PriceWaterhouseCoopers will pay $25 million and face a two-year suspension from consulting for new bank clients under an agreement with New York regulators following an investigation that showed the company improperly... More>>

Unemployment rises in most US states in July

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Unemployment rates rose in 30 U.S. states last month, even as employers in two-thirds of the states stepped up hiring. The trends reflect an increase in job-hunters nationwide as an improving economy has encouraged more... More>>

Russian hacking suspect ordered held until trial

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A federal judge on Friday ordered the son of a prominent Russian lawmaker to remain in custody until his trial on computer hacking charges, after a prosecutor said evidence recovered from his laptop after his arrest in the... More>>

Alibaba film unit finds possible accounting issues

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The recently acquired film unit of Chinese e-commerce giant Alibaba said Friday that a review has uncovered possible accounting irregularities. More>>

Money laundering charge added to FedEx drug case

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Federal prosecutors say several addicts died soon after receiving shipments of illegal prescription drugs via FedEx. More>>

US stocks move higher; Family Dollar jumps

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U.S. stocks are moving higher, following big gains in Europe and the latest moves in corporate dealmaking. More>>

US homebuilder confidence rises in August

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By ALEX VEIGA AP Real Estate Writer U.S. homebuilders are feeling more confident in their sales prospects headed into next year, a sign that home construction and sales of newly built homes may pick up... More>>

Irish bonds yields hit record low after upgrade

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Yields on Ireland's government bonds have fallen to record lows following a ratings upgrade, a stunning turnaround for a country that faced bankruptcy in 2010. More>>

Scientists racing to test Ebola vaccines in humans

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Scientists are racing to begin the first human safety tests of two experimental Ebola vaccines, but it won't be easy to prove that the shots and other potential treatments in the pipeline really work. More>>

US stocks open higher; Family Dollar jumps

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U.S. stocks are opening higher, following gains in Europe. More>>

SeaWorld plans bigger killer whale environments

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After more than a year of public criticism of its treatment of killer whales, SeaWorld said Friday that it will build new, larger environments at its theme parks and will fund additional research on the animals along with... More>>

Why global turmoil hasn't sunk US markets. Yet.

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Europe appears on the brink of another recession. Islamic militants have seized Iraqi territory. Russian troops have massed on the Ukraine border, and the resulting sanctions are disrupting trade. An Ebola outbreak in... More>>

EU pledges $168m to offset Russia sanctions cost

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The European Commission is pledging 125 million euros ($168 million) to assist fruit and vegetable producers hit by Russia's ban on food imports from the 28-nation bloc. More>>

China says Mercedes guilty of price abuses

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China's government said Monday it has concluded Mercedes-Benz violated anti-monopoly law and charged excessive prices for parts, adding to a growing number of global automakers snared in an investigation of the industry. More>>

Supervalu becomes latest to suffer data breach

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A data breach at Supervalu may have impacted as many as 200 of its grocery and liquor stores and potentially affected retail chains recently sold by the company in two dozen states. More>>

'Turtles' tops weak debut for 'Expendables 3'

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Moviegoers continued to shell out for "Teenage Mutant Ninja Turtles," while Sylvester Stallone's action ensemble "The Expendables 3" was easily out-gunned in its weekend debut. More>>

Liberia: Ebola fears rise as clinic is looted

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Liberian officials fear Ebola could soon spread through the capital's largest slum after residents raided a quarantine center for suspected patients and took items including bloody sheets and mattresses. More>>

Bourbon production reaches high point since '70s

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In a business where patience is part of the process, Kentucky bourbon makers are making a big bet by stashing away their largest stockpiles in more than a generation. More>>

Foreign holdings of Treasury debt top $6 trillion

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Foreign buyers of U.S. Treasury securities increased their holdings in June, topping $6 trillion for the first time. More>>

Three-wheeled Elio gets closer to going on sale Video included

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Your next commuter car could have two seats, three wheels and get 84 miles to the gallon. More>>

US factory output surges in July

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U.S. factory output rose for the sixth consecutive month in July, led by a jump in the production of motor vehicles, furniture, textiles and metals. More>>

US producer prices rise just 0.1 percent in July

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Falling gasoline costs lowered the prices that U.S. companies received for their goods and services last month, keeping overall inflation in check. More>>

Study questions need for most people to cut salt

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By MARILYNN MARCHIONE AP Chief Medical Writer A large international study questions the conventional wisdom that most people should cut back on salt, suggesting that the amount most folks consume is OK... More>>

Online sites shake up hidebound retailing in India

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Finding a way into India's vast but vexing market has long frustrated foreign retailers. Now, overseas investors are pouring billions of dollars into e-commerce ventures that are circumventing the barriers holding back... More>>

'62 Ferrari sold at auction for $34 million

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A rare 1962 Ferrari 250 GTO once owned by a famed racing driver and Olympic gold medalist has sold for $34.65 million. More>>

Feds close probe of refinery blast that killed 7

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The U.S. Justice Department said Friday it will file no criminal charges following a four-year investigation into the April 2010 explosion that killed seven workers at the Tesoro Corp. refinery in Anacortes. More>>

Renewed fighting in Ukraine rattles stocks

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Renewed fighting in Ukraine rattled markets on Friday. Reports that Ukrainian forces attacked Russian military vehicles that had crossed the border knocked stock markets down in the afternoon and sent traders into the... More>>

John Kerry talks Asian relationships, trade pact

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U.S. Secretary of State John Kerry's address to Hawaii's East-West Center think tank this week drew attention primarily for its focus on the need for a constructive relationship with China to ensure regional peace... More>>

More Clinton-Obama differences likely to emerge

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Hillary Rodham Clinton's split with President Barack Obama over a foreign policy "organizing principle" isn't likely to be the last time differences emerge between the two. How she handles those breaks could be... More>>

Deadline to clear up health law eligibility near

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The clock is ticking for hundreds of thousands of people who have unresolved issues affecting their coverage under the new health care law. More>>

USDA: Puppy imports must be healthy, 6 months old

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Foreign dog breeders have gone unregulated for years, shipping puppies so young and so sick that one in four died before reaching a U.S. airport, animal welfare workers say. More>>

Clinton's break with Obama on Syria _ what's next

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Hillary Rodham Clinton's split with President Barack Obama over a foreign policy "organizing principle" isn't likely to be the last time differences emerge between the two. How she handles those breaks could be... More>>

Jeb Bush lends political star power to Rick Scott

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Jeb Bush is lending his political star power to embattled Florida Gov. Rick Scott, who is locked in a tight race for re-election in the nation's largest swing-voting state. More>>

Stocks overcome a midday tumble on Ukraine

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The stock market recovered from a midday swoon caused by the latest worries over Ukraine and ended little changed. More>>

Amazon debuts mobile payment app and card reader

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Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept payments through... More>>

Reports of fighting in Ukraine erase stock gain

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Reports of renewed fighting in Ukraine are sending stocks lower in midday trading. More>>

Hungary: Sanctions on Russia more damaging to West

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Hungary's prime minister said the West is "shooting itself in the foot" with inadequately thought through economic sanctions against Russia. More>>

US stocks open higher, head for weekly gain

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U.S. stocks are opening higher as the market heads for a solid weekly gain. More>>

Lehman unsecured creditors to get distribution

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Unsecured general creditors of Lehman Brothers will get $4.6 billion in their first round of payouts from the bankrupt investment bank next month. More>>

Lake body may be suspected Liechtenstein shooter

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Police say a body found drifting in Lake Constance may be that of a former Liechtenstein fund manager suspected of fatally shooting a bank's chief executive earlier this year. More>>

Billionaire Berggruen drops stake in German chain

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German-American billionaire Nicolas Berggruen has given up his stake in Germany's Karstadt department store chain after failing to turn the ailing company around. More>>

Apple bans use of 2 chemicals in iPhone assembly

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Apple is banning the use of two potentially hazardous chemicals during the final assembly of iPhones and iPads as part of the company's latest commitment to protect the factory workers who build its trendy devices. More>>

China panel fires adviser over Qualcomm tie

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A panel that advises China's Cabinet on anti-monopoly policy has fired an economist who was paid to help prepare a report for Qualcomm, a U.S. company that is the target of a pricing investigation, according to state... More>>

Pope makes tough sell on materialism in SKorea Video included

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Pope Francis urged Catholic youth on Friday to renounce the materialism that afflicts much of Asian society today and reject "inhuman" economic systems that disenfranchise the poor, pressing his economic agenda in one of... More>>

Challengers line up Wyoming's US senator

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Sen. Mike Enzi said his son didn't benefit from the senator's position in landing a job with a company that received almost $10 million from the U.S. Department of Energy to develop a carbon-capture project that... More>>

Sentencing panel to weigh economic crime penalties

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The federal panel that sets sentencing policy announced Thursday that it plans in the coming year to consider changes to sentencing guidelines for some white-collar crimes. More>>

Cisco to lay off up to 6,000 workers

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Cisco said Wednesday that it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a restructuring. More>>

Coca-Cola bets on energy drinks with Monster stake

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Coca-Cola is buying a 16.7 percent stake in Monster Beverage for $2.15 billion, with the world's biggest soda maker hoping to benefit from the surging popularity of energy drinks. More>>

Wal-Mart cuts profit outlook

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Wal-Mart Stores Inc. cut its annual profit outlook on Thursday amid sluggish sales, higher-than-expected health care costs and the need to invest more in its e-commerce operations. More>>

Berkshire Hathaway stock tops $200,000

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Naysayers have been calling shares of Warren Buffett's company overpriced for decades. More>>

Stores have a solid start to back-to-school season

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The back-to-school shopping season is off to a promising start, but retailers may be sacrificing profit for sales. More>>

NY Fed: US auto loans soar to highest in 8 years

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U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers, according to a report Thursday by the Federal Reserve Bank of New York. More>>

JC Penney posts narrower 2Q loss, sales rise

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J.C. Penney Co. (JCP) reported a narrower loss for its second quarter that beat Wall Street expectations. More>>

NewLink Genetics: Ready to test Ebola vaccine

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By TOM MURPHY AP Business Writer An Iowa drug developer is preparing to test a possible Ebola vaccine in humans, as scientists race to develop ways to prevent or fight a virus that has killed more than... More>>

GE in talks to sell historic appliance division

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General Electric confirmed that it is considering the sale of its historic appliance division, part of its effort to focus on selling more complex and profitable industrial equipment. More>>

US stocks move higher following earnings news

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The U.S. stock market is closing slightly higher following some strong corporate earnings. More>>

Illinois company is latest to test market for carp

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When they arrive at the processing plant, the fish that have been cursed as a menace to American lakes and rivers are raked onto a conveyer belt, some of them still flopping. More>>

Eurozone recovery grinds to halt amid Ukraine fear

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Well, that didn't last long. More>>

Shell sells shale gas rights for $2.1 billion

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By JONATHAN FAHEY AP Energy Writer Royal Dutch Shell has agreed to sell drilling rights in shale formations in Louisiana and Wyoming for $2.1 billion in two transactions. More>>

US stocks move higher following earnings news

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The U.S. stock market is rising modestly in midday trading following a batch of earnings and corporate news. More>>

US fund says no deal to end Argentina default

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Negotiations have apparently ended without success on a private-sector deal to end the legal battle that forced Argentina into default last month for the second time in 13 years. More>>

Shell sells shale gas rights for $2.1 billion

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By JONATHAN FAHEY AP Energy Writer Royal Dutch Shell has agreed to sell drilling rights in shale formations in Louisiana and Wyoming for $2.1 billion in two transactions. More>>

Average US 30-year mortgage rate at 4.12 percent

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Average long-term U.S. mortgage rates declined this week, approaching their lows for the year. More>>

US stocks open higher following earnings news

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The U.S. stock market is rising modestly in early trading following a batch of earnings and corporate news. More>>

US jobless aid applications rise to 311,000

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More people applied for U.S. unemployment benefits last week, although jobless claims continue to be close to pre-recession levels. More>>

Berlin taxi drivers hail city's Uber ban

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Berlin taxi drivers were celebrating Thursday after authorities banned the ridesharing service Uber from operating in the city because of safety concerns. More>>

French economy stagnates in 2nd quarter

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France's economy stagnated in the second quarter, leaving President Francois Hollande increasingly desperate to fulfill his two-year-old pledge to get the country growing again. More>>

Germany's economy losing momentum

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Germany's economy contracted by 0.2 percent in the second quarter of 2014, losing momentum after a robust first quarter which was helped by the mild winter. More>>

Australian stocks lead Asia on healthy earnings

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Asian stock markets were mostly higher Thursday, with Australia's benchmark leading gains on a crop of healthy corporate earnings reports. More>>

Burger King nixes lower-calorie 'Satisfries'

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Burger King is getting rid of its lower-calorie french fries at most restaurants after less than a year. More>>

Mexico: State firm gets 83 percent of oil reserves

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Mexico's state-owned oil company will retain rights to exploit 83 percent of the country's proven and probable reserves under the newly enacted opening of the energy business, although the company will form... More>>

Correction: Postal Service-Losses story

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In a story Aug. 11 about U.S. Postal Service Revenues, The Associated Press reported erroneously that the agency blamed its $2 billion loss for the quarter ending June 30 on increases in compensation and benefit costs.... More>>

Revel casino still talking with potential bidders

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A day after announcing it will shut down next month, Revel Casino Hotel told a bankruptcy court judge it is still negotiating with potential buyers. More>>

Stanford professor 1st woman to win top math prize

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An Iranian-born Stanford University professor is the first woman to win math's highest honor, the Fields Medal. More>>

Lighter sentences sought for some business crimes

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The federal panel that sets sentencing policy eased penalties this year for potentially tens of thousands of nonviolent drug offenders. Now, defense lawyers and prisoner advocates are pushing for similar treatment for a... More>>

Study: Keystone carbon pollution more than figured

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The much-debated Keystone XL pipeline could produce four times more global warming pollution than the State Department calculated earlier this year, a new study concludes. More>>

US stocks close higher; Amazon gains, Macy's drops

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Technology and health care companies are helping U.S. stocks close higher, despite a mixed batch of economic news and a pullback in Japan's economy. More>>

App to hail taxis, limos launches in Las Vegas

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Las Vegas visitors can now hail a ride from a taxi or limo company using their smartphone, even if they can't use the popular ridesharing apps available in many other U.S. cities. More>>

Apple's tech jobs held mostly by white, Asian men

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Apple primarily relies on white and Asian men for its top-paying technology jobs, feeding the perception that Silicon Valley's economic boom is largely excluding women, blacks and Hispanics. More>>

Deere takes a hit as farm economy weakens

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Deere's profit slumped 15 percent in the third quarter and the farming equipment maker, seeing weak sales ahead, trimmed its outlook and will cut production. More>>

Decision could boost use of popular weed killer

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Faced with tougher and more resistant weeds, corn and soybean farmers are anxiously awaiting government decisions on a new version of a popular herbicide - and on genetically modified seeds to grow crops designed to resist... More>>

Macy's 2Q profit falls short; sales outlook cut

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Macy's Inc. on Wednesday reported a 4 percent profit increase in its fiscal second quarter as business rebounded from slow sales earlier in the year. More>>

US indexes move higher; Amazon gains, Macy's drops

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Stocks are moving higher in midday trading, bringing the Dow Jones industrial average back into the black for the year. More>>

Amazon debuts mobile payment app and card reader

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Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept payments through... More>>

US businesses boosted stockpiles 0.4 pct. in June

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U.S. businesses added to their stockpiles at a slightly slower pace in June compared with May, possibly reflecting weaker sales in the past two months. More>>

Greek economy contracts at slowest rate since 2008

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Greece's economy is shrinking at its slowest rate in nearly six years, official figures showed Wednesday, reinforcing hopes that the end of the country's punishing recession is in sight. More>>

Report: White House didn't OK immigrant releases

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More than 2,000 immigrants facing deportation in 2013 were released strictly for budget reasons by immigration agency officials who kept the homeland security secretary in the dark about the plan, according to a federal... More>>

Athens Olympics leave mixed legacy, 10 years later

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In an obscure corner of a park sits a forlorn reminder that, 10 years ago, Athens hosted the 2004 Summer Olympics. The crumbling miniature theater is inscribed with the words "glory, wealth, wisdom, victory, triumph, hero,... More>>

US indexes open higher; Amazon gains, Macy's drops

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U.S. stocks are opening modestly higher as global markets overcame a contraction in Japan's economy. More>>

Insurer WellPoint plans name change to Anthem

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WellPoint, one of the biggest players on the health care overhaul's new insurance exchanges, wants to switch its corporate name back to the Anthem brand its customers know by the end of this year. More>>

US retail sales flat in July

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U.S. retail sales were essentially flat in July, providing evidence that consumers have yet to shed their doubts about the economy despite recent job gains. More>>

Bank of England cautions on UK wage growth

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The Bank of England modestly upgraded its growth forecast for the U.K. on Wednesday but signaled its concerns over the failure of wages, which are actually falling for the first time since 2009, to keep track with the... More>>

Busted: 5 Myths about Facebook's messenger app

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Facebook's recent effort to force people to adopt its standalone mobile messaging app has privacy-concerned users up in arms. Many of them believe the app is especially invasive. More>>

Japan's economy shrinks as tax hike hits spending

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The Japanese economy shrank at an annual pace of 6.8 percent in the second quarter after spending got slammed by a sales tax hike that kicked in from April, government figures showed Wednesday. More>>

Asia stocks drift as Iraq, Ukraine tensions simmer

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Asian stocks drifted on Wednesday as investors remained cautious amid uncertainty over potential conflict in Ukraine and Iraq plus new numbers showing a slowdown in Japan's economy. More>>

Record crops predicted; farmers market carefully

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Farmers will produce a record-breaking corn harvest this year, surpassing earlier expectations of the U.S. Department of Agriculture, which on Tuesday revised upward its estimate of this year's corn crop to 14 billion... More>>

Flooding slows production at Detroit automakers

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Record-setting rainfall in the Detroit area has slowed vehicle production, automakers said Tuesday. More>>

Creditor opposes Detroit debt plan, says scrap it

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A major Detroit creditor on Tuesday objected to the bankrupt city's plan to wipe out or reduce billions of dollars in debt, saying it should be scrapped before a trial scheduled to start next week. More>>

Watchdog: Officials didn't OK immigrant releases

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The Obama administration wrongly denied for weeks in 2013 that it had released more than 2,000 immigrants from jails because lower-ranking government officials failed to notify the Homeland Security secretary they were... More>>

Deadline to clear up health law eligibility near

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Hundreds of thousands of people who signed up under the new health care law risk losing their taxpayer-subsidized insurance unless they act quickly to resolve questions about their citizenship or immigration status. The... More>>

Atlantic City's Revel Casino to close in September

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When it opened just over two years ago, many people hoped Revel would save Atlantic City's struggling casino industry, which has been bleeding money and jobs for years. More>>

US stocks move lower in quiet trade

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Stocks are closing lower following two days of gains as investors focus on problems in Ukraine and Iraq. More>>

FDA approves lung preservation machine

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Federal health regulators have approved a novel device that can preserve donated lungs outside the body for possible transplantation into critically ill patients. More>>

Wal-Mart: Try, try again

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Wal-Mart thought shoppers would like the opportunity to use a smartphone app to scan items they want to buy as they walk through store aisles. In theory, they could speed through self-checkout. More>>

Mexico says mine slow to report huge acid spill

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A civil defense official says a private mine in northern Mexico did not immediately report a massive acid spill, allowing it to flow into a river that supplies water to tens of thousands of people. More>>

US budget deficit running 24.2 percent below 2013

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The federal government ran a lower deficit this July than a year ago, keeping it on course to record the lowest deficit in six years. More>>

Pilots strike in Argentina, stranding thousands

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Argentina's government stepped in to halt a brief pilot's strike that stranded thousands of passengers Tuesday in the country's capital. More>>

Judge rejects $324.5M settlement of tech wage case

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A federal judge has decided a $324.5 million settlement isn't enough to cover the damages done to more than 60,000 high-tech workers in a class-action lawsuit alleging Google and Apple conspired with other technology... More>>

Like stocks, junk bonds show investor jitters

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The stock market isn't the only place that's been signaling jitters among investors. The $2.3 trillion market for risky U.S. corporate debt has also been under pressure. More>>

US stocks move lower in quiet trade

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Stocks are slipping in midday trading following two days of gains. More>>

Italy's troubles weigh on eurozone

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Italy is standing out as the European economy's problem child. Again. More>>

US job openings in June hit 13-year-plus high

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U.S. employers in June advertised the most monthly job openings in more than 13 years. More>>

Asbestos pushed in Asia as product for the poor

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The executives mingled over tea and sugar cookies, and the chatter was upbeat. Their industry, they said at a conference in the Indian capital, saves lives and brings roofs, walls and pipes to some of the world's... More>>

US stocks waver in early trading

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U.S. stocks are moving between slight gains and losses in early trading. More>>

Saab owner faces bankruptcy petition

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The company that lifted Swedish automaker Saab out of bankruptcy is now facing financial difficulties of its own. More>>

German ZEW confidence index sags on Ukraine fears

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Germany's ZEW indicator of confidence among professional investment analysts sagged to a 20-month low in August. More>>

Russia food ban hurts Moldova, bad omen for others

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Farmer Sergiu Calmac watches as row upon row of juicy red apples once destined for Russia ripen, fall to the ground and start to rot. More>>

Liberian doctors to get experimental Ebola drug

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Liberia announced Monday that it would soon receive doses of an experimental Ebola drug and give it to two sick doctors, making them the first Africans to receive some of the scarce treatment in a spiraling outbreak. More>>

NY judge to encourage settlements of GM lawsuits

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A federal judge told lawyers on Monday he'll encourage settlements in lawsuits brought on behalf of nearly 1,000 plaintiffs against General Motors for defective ignition switches. More>>

Barneys to pay $525,000 in shopper-profiling probe

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Barneys has agreed to pay $525,000 to resolve allegations that minorities were singled out as suspected shoplifters at its flagship store, part of a spate of racial profiling complaints against major retailers last year. More>>

Mexico opens gas, oil to foreign, private firms

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President Enrique Pena Nieto signed into law on Monday new rules governing a historic opening of Mexico's state-run oil, gas and electricity industries to foreign and private companies. More>>

US stocks edge higher on corporate news, earnings

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U.S. stocks are closing slightly higher as investors turn their focus to corporate news and as tensions ease in Ukraine. More>>

Chiquita gets buyout offer from Safra, Cutrale

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Chiquita Brands has received a buyout offer worth about $611 million from investment firm Safra Group and the Brazilian agribusiness and juice company Cutrale Group. More>>

7-year-old Gaza closure key in Israel-Hamas talks

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Mohammed al-Telbani lost his life's work when Israeli shells repeatedly slammed into his four-story snack and cookie factory during the Gaza war, finally sparking a fire that engulfed vats of margarine and sacks of... More>>

Cowabunga! 'Ninja Turtles' bring box-office power

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"Teenage Mutant Ninja Turtles" sliced off $65 million at the weekend box office. More>>

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