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China: Economy grew 10.1 percent in '04
Jan 8 2006 11:58PM (CT)
SHANGHAI, China (AP) - China has revised its 2004 gross domestic product growth rate to 10.1 percent from 9.5 percent following the recent completion of an economic census, the National Statistics Bureau said Monday.
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New year could bring economic changes
Jan 8 2006 11:40PM (CT)
WASHINGTON (AP) - People may feel less inclined to be big spenders this year as the housing market slips from its lofty perch, developments seen as producing slower, though still respectable, economic growth this year.
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Boston Scientific stands by Guidant bid
Jan 8 2006 11:39PM (CT)
BOSTON (AP) - Boston Scientific Corp. on Sunday made a definitive $25 billion offer for rival medical device maker Guidant Corp., standing by an earlier proposal that aims to scuttle a standing but smaller bid for Guidant from Johnson & Johnson.
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SUVs, pickups rate poorly in rear crashes
Jan 8 2006 9:43PM (CT)
WASHINGTON (AP) - Head restraints in several sport utility vehicles and pickup trucks poorly protected test dummies from neck injuries in a simulated rear crash at 20 mph, the insurance industry reported Sunday.
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Bolivia's Morales makes China overture
Jan 8 2006 9:02PM (CT)
BEIJING (AP) - Bolivia's president elect invited energy-hungry China on Sunday to help develop his country's vast gas reserves after his government carries out plans to nationalize them.
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Ohio Republicans seek to help automakers
Jan 8 2006 8:11PM (CT)
COLUMBUS, Ohio (AP) - While Republican lawmakers are backing bills to help Ohio's troubled auto industry, some question what effect state aid can have on companies battered by national and international problems.
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Asset manager to sell Smarte Carte
Jan 8 2006 7:45PM (CT)
LAKE FOREST, Ill. (AP) - Black Diamond Capital Management LLC said Sunday will sell Smarte Carte Corp., which offers airport baggage cart rentals, locker and stroller services, to Macquarie Bank Ltd of Australia.
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Credit firm Ameridebt founder faces trial
Jan 8 2006 6:36PM (CT)
GREENBELT, Md. (AP) - With $13,000 in credit card debt, Sandra Gavin was looking for help paying her bills in 1999 when she saw a television ad for a credit counseling company called AmeriDebt. The promise to cut her monthly payments in half while ridding herself of debt seemed just what she needed.
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Honda vehicles win car, truck of the year
Jan 8 2006 6:18PM (CT)
DETROIT (AP) - Two Honda vehicles _ the Civic sedan and the Ridgeline pickup _ were chosen as the car and truck of the year at the North American International Auto Show.
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'January Effect' may be hard to keep up
Jan 8 2006 4:27PM (CT)
NEW YORK (AP) - If one is to believe Wall Street lore, the first five trading days of a new year can predict the course of trading for the entire year. But while stocks had an outstanding showing last week, it's still far too early to start counting your returns.
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Automakers feature cars for young drivers
Jan 8 2006 3:55PM (CT)
DETROIT (AP) - When it came to buying his Scion xB two years ago, David Fotheringham didn't exactly check out a few dealerships and kick the tires.
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VW sales up 3.2 percent worldwide
Jan 8 2006 3:03PM (CT)
BERLIN (AP) - Volkswagen AG on Sunday said it sold 5.24 million vehicles worldwide in 2005, an increase of 3.2 percent that was driven mainly by strong demand in Western Europe.
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S. Korea exports $100B of electronics
Jan 8 2006 2:34PM (CT)
SEOUL, South Korea (AP) - South Korea's export of digital electronics goods topped $100 billion for the first time last year, thanks to continued strong performance in semiconductor exports, the government said Sunday.
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DaimlerChrysler sells 4M vehicles in 2005
Jan 8 2006 2:31PM (CT)
BERLIN (AP) - U.S.-German automaker DaimlerChrysler sold more than 4 million vehicles in 2005, the company said Sunday, setting a new record and increasing overall global sales by 3.8 percent.
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Debate swirls as wind power grows rapidly
Jan 8 2006 2:30PM (CT)
STAMFORD, Conn. (AP) - Giant windmills _ on scenic mountain ridges, prairie grass and even an Indian reservation _ are spinning an unusual debate that is dividing leading environmentalists.
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Asia, Latin America drive GM sales up
Jan 8 2006 2:20PM (CT)
DETROIT (AP) - Despite General Motors Corp.'s problems in its home market, the automaker's worldwide sales were at their highest level in 27 years in 2005 thanks to growth in Asia and Latin America, GM Chairman and CEO Rick Wagoner said.
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