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Pontiac tries high-performance revival
Mar 14 2008 11:02PM (CT)
DETROIT (AP) - Pontiac wants to beef up its performance credentials with two new rear-wheel-drive vehicles that will debut at next week's New York International Auto Show, but the timing couldn't be worse as high gas prices test consumers' appetite for growling engines.
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Treasurys rise on CPI, Bear bailout
Mar 14 2008 7:27PM (CT)
NEW YORK (AP) - Treasurys rallied Friday, benefiting from a stock market unnerved by liquidity troubles at Bear Stearns and data showing unexpectedly mild inflation last month.
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Treasurys rise on CPI, Bear bailout
Mar 14 2008 7:27PM (CT)
NEW YORK (AP) - Treasurys rallied Friday, benefiting from a stock market unnerved by liquidity troubles at Bear Stearns and data showing unexpectedly mild inflation last month.
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`King of Torts' cops a plea
Mar 14 2008 7:15PM (CT)
JACKSON, Miss. (AP) - Richard "Dickie" Scruggs, the legendary trial lawyer who made Big Business tremble every time he set foot in court, pleaded guilty Friday to conspiring to bribe a judge _ a crime that could send him to prison and spell the end of his storied legal career.
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`King of Torts' cops a plea
Mar 14 2008 7:15PM (CT)
JACKSON, Miss. (AP) - Richard "Dickie" Scruggs, the legendary trial lawyer who made Big Business tremble every time he set foot in court, pleaded guilty Friday to conspiring to bribe a judge _ a crime that could send him to prison and spell the end of his storied legal career.
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Moody's cuts WaMu credit rating
Mar 14 2008 5:37PM (CT)
SEATTLE (AP) - Moody's Investors Service cut Washington Mutual Inc.'s credit rating Friday and said the country's largest savings and loan will need at least $4 billion more than it expected to cover bad mortgages in 2008.
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Fed and rival bail out Bear Stearns
Mar 14 2008 5:09PM (CT)
NEW YORK (AP) - On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear Stearns Cos. was bailed out Friday by a rival and the federal government. The near-miss raised new alarm about the credit crisis _ and whether other big firms might be in jeopardy.
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Fed and rival bail out Bear Stearns
Mar 14 2008 5:09PM (CT)
NEW YORK (AP) - On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear Stearns Cos. was bailed out Friday by a rival and the federal government. The near-miss raised new alarm about the credit crisis _ and whether other big firms might be in jeopardy.
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Fed and rival bail out Bear Stearns
Mar 14 2008 5:09PM (CT)
NEW YORK (AP) - On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear Stearns Cos. was bailed out Friday by a rival and the federal government. The near-miss raised new alarm about the credit crisis _ and whether other big firms might be in jeopardy.
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Fed and rival bail out Bear Stearns
Mar 14 2008 5:09PM (CT)
NEW YORK (AP) - On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear Stearns Cos. was bailed out Friday by a rival and the federal government. The near-miss raised new alarm about the credit crisis _ and whether other big firms might be in jeopardy.
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Fed and rival bail out Bear Stearns
Mar 14 2008 5:09PM (CT)
NEW YORK (AP) - On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear Stearns Cos. was bailed out Friday by a rival and the federal government. The near-miss raised new alarm about the credit crisis _ and whether other big firms might be in jeopardy.
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Fed and rival bail out Bear Stearns
Mar 14 2008 5:09PM (CT)
NEW YORK (AP) - On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear Stearns Cos. was bailed out Friday by a rival and the federal government. The near-miss raised new alarm about the credit crisis _ and whether other big firms might be in jeopardy.
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Fed and rival bail out Bear Stearns
Mar 14 2008 5:09PM (CT)
NEW YORK (AP) - On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear Stearns Cos. was bailed out Friday by a rival and the federal government. The near-miss raised new alarm about the credit crisis _ and whether other big firms might be in jeopardy.
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Fed and rival bail out Bear Stearns
Mar 14 2008 5:09PM (CT)
NEW YORK (AP) - On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear Stearns Cos. was bailed out Friday by a rival and the federal government. The near-miss raised new alarm about the credit crisis _ and whether other big firms might be in jeopardy.
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United, Continental raise fares
Mar 14 2008 5:04PM (CT)
NEW YORK (AP) - Two of the nation's biggest airlines boosted round-trip fares by as much as much as $50 heading into the weekend, raising the stakes in their fight against rapidly rising fuel costs and putting pressure on competitors to follow suit.
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Gold tops $1,000 on Bear Stearns crisis
Mar 14 2008 4:49PM (CT)
NEW YORK (AP) - Gold prices bolted above $1,000 again on Friday, hitting a new record after a liquidity crisis at Bear Stearns Cos. rattled Wall Street and fed buying of safe-haven investments.
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Gold tops $1,000 on Bear Stearns crisis
Mar 14 2008 4:49PM (CT)
NEW YORK (AP) - Gold prices bolted above $1,000 again on Friday, hitting a new record after a liquidity crisis at Bear Stearns Cos. rattled Wall Street and fed buying of safe-haven investments.
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Gas, diesel rocket to new records
Mar 14 2008 4:12PM (CT)
NEW YORK (AP) - The rally in energy prices gained momentum Friday, with retail gas prices rising further into record territory and diesel and heating oil futures setting records of their own amid concerns about strong global demand and tight supplies.
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GM recalls 200,000 sedans over fire risk
Mar 14 2008 3:56PM (CT)
DETROIT (AP) - General Motors Corp. is recalling 207,542 Buick Regal and Pontiac Grand Prix sedans over a risk they could catch fire, and warned their owners not to park the cars in garages until they are fixed.
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Fed takes rare path to aid Bear Stearns
Mar 14 2008 3:54PM (CT)
WASHINGTON (AP) - The Federal Reserve invoked a rarely used Depression-era procedure Friday to bolster troubled Bear Stearns Cos. and said it will provide even more help to combat a serious credit crisis.
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Fed chairman vows to help homeowners
Mar 14 2008 3:47PM (CT)
WASHINGTON (AP) - Fighting to stem a dangerous wave of home foreclosures, Federal Reserve Chairman Ben Bernanke pledged Friday to do all that is possible to help struggling homeowners.
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Fed chairman vows to help homeowners
Mar 14 2008 3:47PM (CT)
WASHINGTON (AP) - Fighting to stem a dangerous wave of home foreclosures, Federal Reserve Chairman Ben Bernanke pledged Friday to do all that is possible to help struggling homeowners.
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Fed chairman vows to help homeowners
Mar 14 2008 3:47PM (CT)
WASHINGTON (AP) - Fighting to stem a dangerous wave of home foreclosures, Federal Reserve Chairman Ben Bernanke pledged Friday to do all that is possible to help struggling homeowners.
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Fed chairman vows to help homeowners
Mar 14 2008 3:47PM (CT)
WASHINGTON (AP) - Fighting to stem a dangerous wave of home foreclosures, Federal Reserve Chairman Ben Bernanke pledged Friday to do all that is possible to help struggling homeowners.
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Fed chairman vows to help homeowners
Mar 14 2008 3:47PM (CT)
WASHINGTON (AP) - Fighting to stem a dangerous wave of home foreclosures, Federal Reserve Chairman Ben Bernanke pledged Friday to do all that is possible to help struggling homeowners.
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Dollar drops on trouble at Bear Stearns
Mar 14 2008 3:34PM (CT)
NEW YORK (AP) - Another stunner from Wall Street on Friday sent the dollar to record lows against major currencies as U.S. banker Bear Stearns Cos. acknowledged it was in dire financial straits.
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Maui drivers watch gas prices reach $4
Mar 14 2008 2:55PM (CT)
WAILUKU, Hawaii (AP) - "Maui No Ka Oi" is a popular Hawaiian saying that means Maui is the best. Mike Sweeney recently moved to this idyllic island from Denver and was hit with the other side of living in paradise with his first visit to the gas pump: Maui is also No. 1 in gas prices.
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Maui drivers watch gas prices reach $4
Mar 14 2008 2:55PM (CT)
WAILUKU, Hawaii (AP) - "Maui No Ka Oi" is a popular Hawaiian saying that means Maui is the best. Mike Sweeney recently moved to this idyllic island from Denver and was hit with the other side of living in paradise with his first visit to the gas pump: Maui is also No. 1 in gas prices.
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Maui drivers watch gas prices reach $4
Mar 14 2008 2:55PM (CT)
WAILUKU, Hawaii (AP) - "Maui No Ka Oi" is a popular Hawaiian saying that means Maui is the best. Mike Sweeney recently moved to this idyllic island from Denver and was hit with the other side of living in paradise with his first visit to the gas pump: Maui is also No. 1 in gas prices.
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Maui drivers watch gas prices reach $4
Mar 14 2008 2:55PM (CT)
WAILUKU, Hawaii (AP) - "Maui No Ka Oi" is a popular Hawaiian saying that means Maui is the best. Mike Sweeney recently moved to this idyllic island from Denver and was hit with the other side of living in paradise with his first visit to the gas pump: Maui is also No. 1 in gas prices.
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Maui drivers watch gas prices reach $4
Mar 14 2008 2:55PM (CT)
WAILUKU, Hawaii (AP) - "Maui No Ka Oi" is a popular Hawaiian saying that means Maui is the best. Mike Sweeney recently moved to this idyllic island from Denver and was hit with the other side of living in paradise with his first visit to the gas pump: Maui is also No. 1 in gas prices.
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Bush urges patience on economy
Mar 14 2008 2:13PM (CT)
NEW YORK (AP) - President Bush preached optimism and Republican orthodoxy of minimalist government intervention Friday as the best approach to an increasingly troubled economy.
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Bush urges patience on economy
Mar 14 2008 2:13PM (CT)
NEW YORK (AP) - President Bush preached optimism and Republican orthodoxy of minimalist government intervention Friday as the best approach to an increasingly troubled economy.
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Ships, trains ordered to become cleaner
Mar 14 2008 12:03PM (CT)
WASHINGTON (AP) - The nation's locomotives, cargo ships, tugboats and passenger ferries will become much cleaner under new air pollution requirements announced Friday by the Environmental Protection Agency.
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Euro zone inflation rises 3.3 pct
Mar 14 2008 9:15AM (CT)
BRUSSELS, Belgium (AP) - Higher prices for fuel, heating, dairy products and bread pushed inflation in the euro currency zone to 3.3 percent in February, the highest level since the euro currency was launched in 200, the Europoean Union said Friday.
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Trial opens in Parmalat collapse
Mar 14 2008 8:21AM (CT)
PARMA, Italy (AP) - The trial on the most serious criminal charges in the multibillion-dollar failure of the Parmalat dairy empire opened Friday, more than four years after the company acknowledged a crushing debt that would lead to Europe's biggest corporate bankruptcy.
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Feds propose home-loan disclosure reform
Mar 14 2008 8:08AM (CT)
WASHINGTON (AP) - Prospective home buyers would get easier-to-understand information on mortgage terms and save an average $700 in closing costs under a proposal to be unveiled Friday by President Bush.
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Paulson urges tighter mortgage oversight
Mar 14 2008 6:47AM (CT)
WASHINGTON (AP) - Treasury Secretary Henry Paulson said Thursday that a presidential working group wants stronger regulatory oversight of mortgage lenders to avert the kind of credit crisis that is dragging the economy down.
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Paulson urges tighter mortgage oversight
Mar 14 2008 6:47AM (CT)
WASHINGTON (AP) - Treasury Secretary Henry Paulson said Thursday that a presidential working group wants stronger regulatory oversight of mortgage lenders to avert the kind of credit crisis that is dragging the economy down.
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Paulson urges tighter mortgage oversight
Mar 14 2008 6:47AM (CT)
WASHINGTON (AP) - Treasury Secretary Henry Paulson said Thursday that a presidential working group wants stronger regulatory oversight of mortgage lenders to avert the kind of credit crisis that is dragging the economy down.
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Paulson urges tighter mortgage oversight
Mar 14 2008 6:47AM (CT)
WASHINGTON (AP) - Treasury Secretary Henry Paulson said Thursday that a presidential working group wants stronger regulatory oversight of mortgage lenders to avert the kind of credit crisis that is dragging the economy down.
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Chinese asset investment up 24.3 pct.
Mar 14 2008 6:19AM (CT)
BEIJING (AP) - Investment in factories and other urban assets in China jumped 24.3 percent in January and February from the same period last year despite controls aimed at preventing runaway spending, according to data reported Friday.
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Former National Century execs convicted
Mar 14 2008 6:06AM (CT)
COLUMBUS, Ohio (AP) - Five former executives of a health care company were convicted Thursday in a $1.9 billion fraud scheme that prosecutors likened to large white-collar crime cases like Enron or WorldCom.
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Chinese steel company bids for Midwest
Mar 14 2008 5:58AM (CT)
SYDNEY, Australia (AP) - China's state-backed Sinosteel Corp. launched a 1.2 billion Australian dollar ($1.1 billion) takeover bid Friday for iron ore miner Midwest in the first hostile approach by a Chinese company for an Australian one.
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Chinese steel company bids for Midwest
Mar 14 2008 5:58AM (CT)
SYDNEY, Australia (AP) - China's state-backed Sinosteel Corp. launched a 1.2 billion Australian dollar ($1.1 billion) takeover bid Friday for iron ore miner Midwest in the first hostile approach by a Chinese company for an Australian one.
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Closing arguments made in poultry case
Mar 14 2008 3:31AM (CT)
TULSA, Okla. (AP) - Bacteria from the waste of more than 140 million chickens raised each year in the Illinois River watershed has polluted the land and poses a serious health threat, Oklahoma's attorney general told a federal judge.
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Southwest repairs 4 planes for cracks
Mar 14 2008 3:10AM (CT)
DALLAS (AP) - Four of the planes that Southwest Airlines Co. grounded for inspections this week were found to have cracks in their fuselages and were undergoing repair, the company said Thursday.
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Japan may consider another BOJ candidate
Mar 14 2008 2:59AM (CT)
TOKYO (AP) - Japan's prime minister is considering pushing another candidate for the top slot at the central bank to end a deepening deadlock with the opposition, the top government spokesman said Friday.
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Nikkei falls 1.5 percent on weak dollar
Mar 14 2008 2:49AM (CT)
TOKYO (AP) - Japan's main stock index extended losses Friday to a fresh low for the year as traders sold exporter issues because of the weak dollar.
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Nikkei falls 1.5 percent on weak dollar
Mar 14 2008 2:49AM (CT)
TOKYO (AP) - Japan's main stock index extended losses Friday to a fresh low for the year as traders sold exporter issues because of the weak dollar.
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