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Stars may be aligned for Jan. stock rally
Jan 1 2006 11:49PM (CT)
NEW YORK (AP) - After a volatile 2005 and meager returns to show for it, investors are hoping 2006 will bring better fortunes. And if there's good news next week, the new year could get off to a good start.
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Bank of America closes on deal for MBNA
Jan 1 2006 10:25PM (CT)
RALEIGH, N.C. (AP) - Bank of America Corp. completed its acquisition of MBNA Corp. on Sunday in a deal worth about $34.2 billion, the nation's second-largest bank said.
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Middle-class job losses batter workforce
Jan 1 2006 8:53PM (CT)
LANSING, Mich. (AP) - Thirty years ago, Dan Fairbanks looked at the jobs he could get with his college degree and what he could make working the line at General Motors Corp., and decided the GM job looked better.
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Chevron fights rights abuse allegations
Jan 1 2006 8:32PM (CT)
SAN FRANCISCO (AP) - A young boy holds out a deformed hand. A woman is missing a lower leg that was amputated to remove a tumor. A gaunt middle-aged man lays in a hammock dying of stomach cancer.
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Dish Network ends Lifetime programming
Jan 1 2006 6:26PM (CT)
ENGLEWOOD, Colo. (AP) - Dish Network customers stopped receiving two Lifetime Television channels Sunday after the company and Dish parent EchoStar Communications Corp. were unable to reach terms on a new contract.
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Venezuela oil fields back in state control
Jan 1 2006 3:32PM (CT)
CARACAS, Venezuela (AP) - Venezuelan oil minister Rafael Ramirez on Sunday applauded the return of state control over 32 privately operated oil fields with the start of the new year.
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Wal-Mart estimates December sales low
Jan 1 2006 2:22PM (CT)
NEW YORK (AP) - Wal-Mart Stores Inc., which made a big push this holiday season to woo customers with aggressive discounts and marketing, estimated that its December sales will meet only the low end of its forecast.
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Bank of Tokyo-Mitsubishi UFJ debuts
Jan 1 2006 3:22AM (CT)
TOKYO (AP) - The Bank of Tokyo-Mitsubishi UFJ made its belated debut Sunday, completing the merger of Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc. to create the world's largest financial group by assets.
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