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Tech and commodity shares lift Nikkei
Jan 24 2007 10:43PM (CT)
TOKYO (AP) - Japanese stocks rose Thursday, boosted by technology and commodity shares following another record close for the Dow Jones industrial average overnight. The dollar was lower against the yen.
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Bush talks up ethanol, health sectors
Jan 24 2007 7:20PM (CT)
WASHINGTON (AP) - Wall Street appeared largely unimpressed by President Bush's State of the Union address, signaling skepticism toward the political and technological impediments to some proposals, particularly his calls for cutting gasoline use and boosting ethanol consumption.
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War costs extend budget deficit gap
Jan 24 2007 6:47PM (CT)
WASHINGTON (AP) - Budget estimates released Wednesday showed some improvement in the deficit but gave little solace to Democrats struggling to match President Bush's promise to balance the budget.
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Merkel: Climate, energy are priorities
Jan 24 2007 6:28PM (CT)
DAVOS, Switzerland (AP) - Germany's chancellor urged the world to exploit the positive aspects of globalization on Wednesday and told international political and business leaders that battling climate change and securing energy supplies had to be among the planet's key priorities.
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Merkel: Climate, energy are priorities
Jan 24 2007 6:28PM (CT)
DAVOS, Switzerland (AP) - Germany's chancellor urged the world to exploit the positive aspects of globalization on Wednesday and told international political and business leaders that battling climate change and securing energy supplies had to be among the planet's key priorities.
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Merkel: Climate, energy are priorities
Jan 24 2007 6:28PM (CT)
DAVOS, Switzerland (AP) - Germany's chancellor urged the world to exploit the positive aspects of globalization on Wednesday and told international political and business leaders that battling climate change and securing energy supplies had to be among the planet's key priorities.
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Merkel: Climate, energy are priorities
Jan 24 2007 6:28PM (CT)
DAVOS, Switzerland (AP) - Germany's chancellor urged the world to exploit the positive aspects of globalization on Wednesday and told international political and business leaders that battling climate change and securing energy supplies had to be among the planet's key priorities.
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Ford may report worst loss in history
Jan 24 2007 6:26PM (CT)
DETROIT (AP) - Ford Motor Co. could post the worst annual loss in its storied 103-year history when the automaker releases its 2006 earnings on Thursday.
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Wednesday's commodities roundup
Jan 24 2007 6:08PM (CT)
NEW YORK (AP) - A late-day recovery in crude oil enabled gold futures to finish Wednesday with a gain.
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Treasury bond prices hold steady
Jan 24 2007 6:07PM (CT)
NEW YORK (AP) - U.S. Treasury bond prices were largely unchanged Wednesday, a day free of new economic data, despite a successful government auction of $20 billion in two-year notes.
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Idea of paid entries roils Wikipedia
Jan 24 2007 5:57PM (CT)
BOSTON (AP) - When a blogger revealed this week that Microsoft Corp. wanted to pay him to fix purported inaccuracies in technical articles on Wikipedia, the software company endured online slams and a rebuke from the Web encyclopedia's founder for behaving unethically.
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Idea of paid entries roils Wikipedia
Jan 24 2007 5:57PM (CT)
BOSTON (AP) - When a blogger revealed this week that Microsoft Corp. wanted to pay him to fix purported inaccuracies in technical articles on Wikipedia, the software company endured online slams and a rebuke from the Web encyclopedia's founder for behaving unethically.
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Idea of paid entries roils Wikipedia
Jan 24 2007 5:57PM (CT)
BOSTON (AP) - When a blogger revealed this week that Microsoft Corp. wanted to pay him to fix purported inaccuracies in technical articles on Wikipedia, the software company endured online slams and a rebuke from the Web encyclopedia's founder for behaving unethically.
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Norfolk Southern 4Q profit rises
Jan 24 2007 5:54PM (CT)
NORFOLK, Va. (AP) - Railroad operator Norfolk Southern Corp. said Wednesday its fourth-quarter profit rose 6 percent as record revenue from coal shipments offset a decline in freight transfer shipments stemming from the softer economy.
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Home Depot paying CEO 'low' $8.9M salary
Jan 24 2007 5:46PM (CT)
ATLANTA (AP) - The Home Depot Inc. is paying new Chief Executive Frank Blake a fraction of what it paid his predecessor, Bob Nardelli, and has taken the unusual step of promising Blake no severance package if he leaves.
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Hershey 4Q profit falls, missing views
Jan 24 2007 5:40PM (CT)
HERSHEY, Pa. (AP) - Hershey Co., the largest U.S. candy maker, said Wednesday its fourth-quarter earnings fell 10 percent, below Wall Street's expectations, as sales dipped and a product recall hurt results.
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ConocoPhillips' 4thQ profit falls
Jan 24 2007 5:37PM (CT)
HOUSTON (AP) - Lower natural gas prices and reduced margins from refining contributed to a 13 percent decline in fourth-quarter profit for ConocoPhillips, but the results still helped the nation's third-largest oil company post its most profitable year on record.
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Dollar rises against pound, euro
Jan 24 2007 5:22PM (CT)
NEW YORK (AP) - The dollar climbed sharply against the pound Wednesday amid doubts over the prospect of further British interest rate hikes. The U.S. currency traded mixed against the euro and yen.
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McDonald's 4Q profit doubles
Jan 24 2007 5:06PM (CT)
CHICAGO (AP) - The spinoff of a burrito chain coupled with record-setting overseas sales helped McDonald's Corp. more than double its fourth-quarter profit, executives said Tuesday.
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EBay profit increases 24 percent
Jan 24 2007 4:57PM (CT)
SAN FRANCISCO (AP) - EBay Inc. reported Wednesday that fourth-quarter profit increased 24 percent from the same period last year, trouncing Wall Street estimates and prompting executives to raise estimates for the current quarter.
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EBay profit increases 24 percent
Jan 24 2007 4:57PM (CT)
SAN FRANCISCO (AP) - EBay Inc. reported Wednesday that fourth-quarter profit increased 24 percent from the same period last year, trouncing Wall Street estimates and prompting executives to raise estimates for the current quarter.
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Netflix 4Q profit beats analyst views
Jan 24 2007 4:32PM (CT)
SAN FRANCISCO (AP) - Netflix Inc.'s fourth-quarter profit surpassed analyst expectations as 654,000 more subscribers signed up for its online DVD rental service, but the customer growth lagged Blockbuster Inc.'s _ a development that underscores the intensifying competition between the rivals.
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Netflix 4Q profit beats analyst views
Jan 24 2007 4:32PM (CT)
SAN FRANCISCO (AP) - Netflix Inc.'s fourth-quarter profit surpassed analyst expectations as 654,000 more subscribers signed up for its online DVD rental service, but the customer growth lagged Blockbuster Inc.'s _ a development that underscores the intensifying competition between the rivals.
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Netflix 4Q profit beats analyst views
Jan 24 2007 4:32PM (CT)
SAN FRANCISCO (AP) - Netflix Inc.'s fourth-quarter profit surpassed analyst expectations as 654,000 more subscribers signed up for its online DVD rental service, but the customer growth lagged Blockbuster Inc.'s _ a development that underscores the intensifying competition between the rivals.
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Japanese boosts anti-laundering controls
Jan 24 2007 4:04PM (CT)
WASHINGTON (AP) - Federal and state banking regulators have ordered Sumitomo Mitsui Banking Corp. of Japan to bolster controls at its New York branch to detect money laundering.
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Oil prices rise despite gain in supplies
Jan 24 2007 3:41PM (CT)
NEW YORK (AP) - Oil prices rose Wednesday, after traders shrugged off news that oil inventories are rising and refocused on the possibility of cold weather and reduced OPEC production draining supplies.
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Bush pitches new energy proposal
Jan 24 2007 2:44PM (CT)
WASHINGTON (AP) - Without signing on to his solutions, lawmakers on Wednesday welcomed President Bush's appeal to take up problems in energy, health insurance and immigration, seeing a prospect for common ground starkly missing when it comes to the Iraq war.
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Cingular 4Q profit nearly quadruples
Jan 24 2007 2:04PM (CT)
SAN ANTONIO (AP) - Cingular Wireless LLC, the nation's largest cell phone provider, said Wednesday its fourth-quarter profit nearly quadrupled, boosted by customer growth during the holidays.
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Tax breaks sidetrack minimum wage bill
Jan 24 2007 1:40PM (CT)
WASHINGTON (AP) - Democrats' promise of a quick increase in the minimum wage ran aground Wednesday in the Senate, where lawmakers are insisting it include new tax breaks for restaurants and other businesses that rely on low-pay workers.
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SpongeBob goes trendy to win Japan fans
Jan 24 2007 12:01PM (CT)
TOKYO (AP) - Square and loud, SpongeBob wasn't supposed to have much chance for success in Japan, a nation famous for its love of more cuddly characters like Hello Kitty and Pikachu.
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SpongeBob goes trendy to win Japan fans
Jan 24 2007 12:01PM (CT)
TOKYO (AP) - Square and loud, SpongeBob wasn't supposed to have much chance for success in Japan, a nation famous for its love of more cuddly characters like Hello Kitty and Pikachu.
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SpongeBob goes trendy to win Japan fans
Jan 24 2007 12:01PM (CT)
TOKYO (AP) - Square and loud, SpongeBob wasn't supposed to have much chance for success in Japan, a nation famous for its love of more cuddly characters like Hello Kitty and Pikachu.
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SpongeBob goes trendy to win Japan fans
Jan 24 2007 12:01PM (CT)
TOKYO (AP) - Square and loud, SpongeBob wasn't supposed to have much chance for success in Japan, a nation famous for its love of more cuddly characters like Hello Kitty and Pikachu.
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SpongeBob goes trendy to win Japan fans
Jan 24 2007 12:01PM (CT)
TOKYO (AP) - Square and loud, SpongeBob wasn't supposed to have much chance for success in Japan, a nation famous for its love of more cuddly characters like Hello Kitty and Pikachu.
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SpongeBob goes trendy to win Japan fans
Jan 24 2007 12:01PM (CT)
TOKYO (AP) - Square and loud, SpongeBob wasn't supposed to have much chance for success in Japan, a nation famous for its love of more cuddly characters like Hello Kitty and Pikachu.
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ChoicePoint 4Q profit drops
Jan 24 2007 10:28AM (CT)
ATLANTA (AP) - Consumer data provider ChoicePoint Inc. reported Wednesday its profit dropped more than 14 percent in the fourth quarter even as sales rose more than 7 percent.
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ChoicePoint 4Q profit drops
Jan 24 2007 10:28AM (CT)
ATLANTA (AP) - Consumer data provider ChoicePoint Inc. reported Wednesday its profit dropped more than 14 percent in the fourth quarter even as sales rose more than 7 percent.
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Corning posts 4Q profit of $646 million
Jan 24 2007 10:05AM (CT)
ROCHESTER, N.Y. (AP) - Corning Inc., buoyed by higher demand for liquid-crystal-display glass, posted a $646 million profit in the fourth quarter but warned Wednesday that falling prices will drag profits and sales below Wall Street expectations in the current quarter.
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Dueling plans target E. coli outbreaks
Jan 24 2007 6:25AM (CT)
LOS ANGELES (AP) - A California legislator is butting heads with farmers over his proposed regulations to protect lettuce, spinach and other crops from replays of the E. coli outbreaks that killed three people and sickened hundreds of others across the country in recent months.
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Japan summit aims to save tuna stocks
Jan 24 2007 4:16AM (CT)
TOKYO (AP) - Nothing highlights Japan's insatiable hunger for tuna like the fish aisle at a supermarket _ brick-size chucks of savory red meat, trays of delicately sliced sashimi and shelf-loads of sushi rolls.
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Efforts to lower Hawaii gas prices snarl
Jan 24 2007 2:09AM (CT)
HONOLULU (AP) - More than eight months after Hawaii suspended its first-in-the-nation cap on gas prices, the latest attempt to lower motorists' bills is stuck in neutral.
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Philadelphia newspapers being revamped
Jan 24 2007 1:16AM (CT)
PHILADELPHIA (AP) - The Philadelphia Inquirer plans to unveil a news "express" section in early February to attract busy readers, one of several strategies to boost readership that also include a sponsored TV guide and new Web sites for local car and real estate listings.
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