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U.S., S.Korea vow major effort on trade
Jan 15 2007 11:44PM (CT)
SEOUL, South Korea (AP) - South Korea and the United States on Monday vowed a major push this week in free trade talks that have yielded little progress and face a looming deadline.
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Alaskan villagers get Citgo oil vouchers
Jan 15 2007 8:55PM (CT)
ANCHORAGE, Alaska (AP) - Alaskan villages have begun receiving a much-criticized donation of heating fuel from the Venezuelan oil company Citgo, about two months later than organizers had hoped.
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Hawaii lawmakers seek gas prices answer
Jan 15 2007 6:42PM (CT)
HONOLULU (AP) - Frustrated with the failure of the nation's only gas price controls, Hawaii lawmakers are trying to force the oil companies to reveal why gas prices are so high in a captive island market.
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Tanox shareholders OK acquisition
Jan 15 2007 6:10PM (CT)
HOUSTON (AP) - Shareholders of Tanox Inc. on Monday approved the tiny biotechnology company's acquisition by drug maker Genentech Inc., Tanox officials said.
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British Airways Workers Vote to Strike
Jan 15 2007 5:52PM (CT)
LONDON (AP) - Thousands of British Airways employees have voted to strike following disputes centering on sick pay and pensions, union officials said Monday.
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Honda to build 2nd plant in India
Jan 15 2007 5:51PM (CT)
TOKYO (AP) - Honda Motor Co. will invest $150 million to $200 million to build a second plant in India to meet growing demands for cars there, an official said Monday.
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World stock markets close higher
Jan 15 2007 5:48PM (CT)
LONDON (AP) - World stock markets closed higher Monday, with European indexes buoyed by merger and acquisition activity, while U.S. markets were closed for Martin Luther King Jr. Day holiday.
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Citigroup to rebrand with shorter name
Jan 15 2007 5:44PM (CT)
NEW YORK (AP) - Executives at financial giant Citigroup Inc. are preparing to rebrand the company with a shorter name _ "Citi" _ and a new logo without the signature red umbrella, according to a published report.
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Smithfield workers protest over MLK day
Jan 15 2007 5:39PM (CT)
FAYETTEVILLE, N.C. (AP) - A few hundred employees at a massive Smithfield Foods Inc. hog slaughterhouse missed work Monday after a union called for a walkout to protest the company's decision to not make Martin Luther King Jr. Day a paid holiday.
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Oil rises to about $53 a barrel
Jan 15 2007 5:37PM (CT)
VIENNA, Austria (AP) - Oil prices were up Monday, as traders weighed possibilities that OPEC may hold an emergency meeting as early as this week to try to reverse the 13 percent plunge in oil prices this year.
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GE buys aerospace unit for $4.8 billion
Jan 15 2007 5:36PM (CT)
LONDON (AP) - General Electric Co., the world's largest aircraft engine maker, agreed Monday to buy the aerospace business of Smiths Group PLC, Britain's third-largest aerospace company, for $4.8 billion in cash.
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Hyundai workers begin partial strike
Jan 15 2007 8:19AM (CT)
SEOUL, South Korea (AP) - Unionized workers at Hyundai Motor Co. began a promised partial strike Monday amid a dispute with management over bonuses, a union official said.
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Hyundai workers begin partial strike
Jan 15 2007 8:19AM (CT)
SEOUL, South Korea (AP) - Unionized workers at Hyundai Motor Co. began a promised partial strike Monday amid a dispute with management over bonuses, a union official said.
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Hyundai workers begin partial strike
Jan 15 2007 8:19AM (CT)
SEOUL, South Korea (AP) - Unionized workers at Hyundai Motor Co. began a promised partial strike Monday amid a dispute with management over bonuses, a union official said.
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Hyundai workers begin partial strike
Jan 15 2007 8:19AM (CT)
SEOUL, South Korea (AP) - Unionized workers at Hyundai Motor Co. began a promised partial strike Monday amid a dispute with management over bonuses, a union official said.
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U.S. lawsuits target frozen Cuban assets
Jan 15 2007 7:36AM (CT)
MIAMI (AP) - The day a judge awarded $400 million in damages to the family of an American who was tortured and executed by a Cuban firing squad, his sister said she felt vindicated. "We have found justice," Jeannette Hausler said last month. But finding the money has been another struggle, one shared by others who have won court rulings and are trying to identify Cuban assets frozen in U.S. bank accounts.
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Japan confectioner resigns amid scandal
Jan 15 2007 5:37AM (CT)
TOKYO (AP) - The president of a major Japanese cake and candy maker said Monday he was stepping down after acknowledging the company had repeatedly used old milk and other ingredients in cream puffs and other products.
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Man aims to become 1st U.S. hemp farmer
Jan 15 2007 4:35AM (CT)
BISMARCK, N.D. (AP) - David Monson began pushing the idea of growing industrial hemp in the United States a decade ago. Now his goal may be within reach _ but first he needs to be fingerprinted.
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Japanese stocks climb; dollar down
Jan 15 2007 4:13AM (CT)
TOKYO (AP) - Japanese stocks rose for a second day Monday, lifted by upbeat machinery orders and Wall Street's continuing rally. The market was led by machinery, airline and brokerage issues.
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Asian leaders agree to promote biofuels
Jan 15 2007 2:41AM (CT)
CEBU, Philippines (AP) - Asian and Pacific leaders signed an agreement Monday to help reduce their dependence on conventional sources of energy and promote the use of biofuels.
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Wall Street awaits Intel, Citi earnings
Jan 15 2007 12:39AM (CT)
NEW YORK (AP) - Wall Street's fixation on economic data turns into a craving for profit news and forecasts this week as a slew of corporate earnings reports arrive.
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China exporters suffer as currency rises
Jan 15 2007 12:39AM (CT)
BEIJING (AP) - Dependent on exports to the United States, the Hebei Lihua Hat Co. saw its profits wiped out as China's currency rose steadily against the dollar over the past year.
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Raytheon machinists agree to new deal
Jan 15 2007 12:37AM (CT)
TUCSON, Ariz. (AP) - More than 1,000 machinists will return to work at Raytheon Missile Systems next week after a 70-day strike, the company said Sunday.
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AP: Indonesia budget airlines questioned
Jan 15 2007 12:32AM (CT)
JAKARTA, Indonesia (AP) - Four years ago, young pilots lined up to join a new contender in Indonesia's booming aviation industry. But at least 20 left Adam Air within months, citing concerns that poor maintenance, corruption and rule-bending could lead to a crash _ charges the airline denied.
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Coca-Cola trade secrets trial to open
Jan 15 2007 12:22AM (CT)
ATLANTA (AP) - Prosecutors say a former Coca-Cola secretary took confidential documents from the beverage giant and samples of products that hadn't been launched with the aim of selling them to rival Pepsi. Her lawyer says she was duped by two ex-cons and didn't commit a crime.
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