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Last hope in a weak economy? Mom and Dad
Mar 21 2008 5:49PM (CT)
MILWAUKEE (AP) - After being laid off from her job as an events planner at an upscale resort, Jo Ann Bauer struggled financially. She worked at several lower-paying jobs, relocated to a new city and even declared bankruptcy.
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Last hope in a weak economy? Mom and Dad
Mar 21 2008 5:49PM (CT)
MILWAUKEE (AP) - After being laid off from her job as an events planner at an upscale resort, Jo Ann Bauer struggled financially. She worked at several lower-paying jobs, relocated to a new city and even declared bankruptcy.
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Feds open Alcoa bribery probe
Mar 21 2008 5:48PM (CT)
PITTSBURGH (AP) - Federal prosecutors have launched an investigation into allegations that Alcoa Inc. and affiliates bribed officials in the Persian Gulf country of Bahrain to secure hundreds of millions of dollars in overpayments.
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Feds open Alcoa bribery probe
Mar 21 2008 5:48PM (CT)
PITTSBURGH (AP) - Federal prosecutors have launched an investigation into allegations that Alcoa Inc. and affiliates bribed officials in the Persian Gulf country of Bahrain to secure hundreds of millions of dollars in overpayments.
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Russian steelmaker buys Sparrows Point
Mar 21 2008 4:12PM (CT)
BALTIMORE (AP) - A Russian company run by one of the world's richest men announced Friday that it will buy the Sparrows Point steel mill from a rival billionaire for hundreds of millions of dollars less than once sought.
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Another company recalls heparin
Mar 21 2008 4:06PM (CT)
WASHINGTON (AP) - A manufacturer of the blood thinner heparin initiated a nationwide recall Friday because some products may contain a potentially dangerous contaminant. Contaminated heparin from a different manufacturer has been associated with 19 deaths and hundreds of allergic reactions.
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Another company recalls heparin
Mar 21 2008 4:06PM (CT)
WASHINGTON (AP) - A manufacturer of the blood thinner heparin initiated a nationwide recall Friday because some products may contain a potentially dangerous contaminant. Contaminated heparin from a different manufacturer has been associated with 19 deaths and hundreds of allergic reactions.
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China orders video Web sites to close
Mar 21 2008 4:02PM (CT)
HONG KONG (AP) - China will shut down or punish dozens of video-sharing Web sites for carrying content deemed pornographic, violent or a threat to national security under rules that tighten Internet controls, a regulator said Friday.
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Treasury cuts purchase minimum
Mar 21 2008 3:42PM (CT)
WASHINGTON (AP) - The Treasury Department deals in millions and billions and even trillions of dollars, but it can think small, too.
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Pension plans take chance on mortgages
Mar 21 2008 10:15AM (CT)
COLUMBIA, S.C. (AP) - The subprime mortgage crisis has yielded at least one benefit for states: Mortgage-related investments have become so cheap that they are luring some pension funds to buy.
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EDF eyes Spanish energy market
Mar 21 2008 10:14AM (CT)
PARIS (AP) - The French utility Electricite de France SA has had exploratory talks with the Spanish construction company ACS and is interested in the Spanish energy market, a spokeswoman for EDF said Friday.
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Russia's Severstal buys US mill
Mar 21 2008 9:45AM (CT)
BALTIMORE (AP) - Russian steel company OAO Severstal said Friday it will buy Baltimore's Sparrows Point steel mill from ArcelorMittal for $810 million in cash.
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AT&T to pay FCC $1.3B down payment
Mar 21 2008 8:31AM (CT)
NEW YORK (AP) - AT&T says it will pay an initial down payment of $1.3 billion to the Federal Communications Commission for its portion of wireless spectrum licenses it won in a government airwaves auction.
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China premier vows anti-inflation focus
Mar 21 2008 7:56AM (CT)
BEIJING (AP) - China's premier vowed to cool surging inflation as his new Cabinet took office Friday facing challenges including protests in Tibet, product safety complaints abroad and preparations for the Beijing Olympics.
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China premier vows anti-inflation focus
Mar 21 2008 7:56AM (CT)
BEIJING (AP) - China's premier vowed to cool surging inflation as his new Cabinet took office Friday facing challenges including protests in Tibet, product safety complaints abroad and preparations for the Beijing Olympics.
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Japanese, Korean markets rise
Mar 21 2008 7:46AM (CT)
BANGKOK, Thailand (AP) - Asian stock prices mostly rose in light trading Friday after a turbulent week. Trading was light, however, as most markets worldwide were closed for Good Friday.
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VP, Saudis to talk about oil security
Mar 21 2008 7:11AM (CT)
RIYADH, Saudi Arabia (AP) - High oil prices paining U.S. consumers is a key topic of Vice President Dick Cheney's talks Friday with Saudi King Abdullah, yet it's unclear whether Cheney will ask the Saudis to increase production to bring down prices at the pump.
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China orders tighter controls on heparin
Mar 21 2008 6:29AM (CT)
SHANGHAI, China (AP) - In a reversal of its earlier stance, China's drug safety agency is ordering local authorities to tighten controls on production of heparin, a blood-thinner linked to 19 deaths in the United States and hundreds of allergic reactions.
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BOJ official warns Japan economy slowing
Mar 21 2008 6:26AM (CT)
TOKYO (AP) - Japan's interim central bank chief vowed Friday not to let the absence of a governor hamper the country's economic and financial activities while another central bank official said the economy is slowing "sharply."
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BOJ official warns Japan economy slowing
Mar 21 2008 6:26AM (CT)
TOKYO (AP) - Japan's interim central bank chief vowed Friday not to let the absence of a governor hamper the country's economic and financial activities while another central bank official said the economy is slowing "sharply."
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BOJ official warns Japan economy slowing
Mar 21 2008 6:26AM (CT)
TOKYO (AP) - Japan's interim central bank chief vowed Friday not to let the absence of a governor hamper the country's economic and financial activities while another central bank official said the economy is slowing "sharply."
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BOJ official warns Japan economy slowing
Mar 21 2008 6:26AM (CT)
TOKYO (AP) - Japan's interim central bank chief vowed Friday not to let the absence of a governor hamper the country's economic and financial activities while another central bank official said the economy is slowing "sharply."
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BOJ official warns Japan economy slowing
Mar 21 2008 6:26AM (CT)
TOKYO (AP) - Japan's interim central bank chief vowed Friday not to let the absence of a governor hamper the country's economic and financial activities while another central bank official said the economy is slowing "sharply."
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BOJ official warns Japan economy slowing
Mar 21 2008 6:26AM (CT)
TOKYO (AP) - Japan's interim central bank chief vowed Friday not to let the absence of a governor hamper the country's economic and financial activities while another central bank official said the economy is slowing "sharply."
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Airwaves auction winners named
Mar 21 2008 6:23AM (CT)
WASHINGTON (AP) - The two largest cell phone companies dominated bidding in a record-setting government airwaves auction.
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Starbucks ordered to pay back tips
Mar 21 2008 5:51AM (CT)
SAN DIEGO (AP) - A Superior Court judge on Thursday ordered Starbucks Corp. to pay its California baristas more than $100 million in back tips and interest that the coffee chain paid to shift supervisors.
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UC Davis launches olive research center
Mar 21 2008 4:54AM (CT)
SACRAMENTO, Calif. (AP) - After the repeal of Prohibition in 1933, the University of California, Davis established a research department that led to the flourish of the California wine industry. Now, it hopes to do the same for olive oil.
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Investment firms tap Fed for billions
Mar 21 2008 4:26AM (CT)
WASHINGTON (AP) - Big Wall Street investment companies are taking advantage of the Federal Reserve's unprecedented offer to secure emergency loans, the central bank reported Thursday.
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Leery lenders demand more from borrowers
Mar 21 2008 4:25AM (CT)
WASHINGTON (AP) - Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow _ even for those with good credit.
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Leery lenders demand more from borrowers
Mar 21 2008 4:25AM (CT)
WASHINGTON (AP) - Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow _ even for those with good credit.
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Reports suggest economy weakening more
Mar 21 2008 4:24AM (CT)
NEW YORK (AP) - A rise in jobless claims and a drop in a key forecasting gauge provided the latest evidence that the U.S. economy is faltering and may be slipping into recession.
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Layoffs mount for Citi bankers, traders
Mar 21 2008 4:20AM (CT)
NEW YORK (AP) - Citigroup Inc. is continuing to cut investment banking and trading jobs this year as the bank tries to lower costs while recovering from colossal credit-related losses.
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Layoffs mount for Citi bankers, traders
Mar 21 2008 4:20AM (CT)
NEW YORK (AP) - Citigroup Inc. is continuing to cut investment banking and trading jobs this year as the bank tries to lower costs while recovering from colossal credit-related losses.
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Aloha Airlines files for bankruptcy
Mar 21 2008 4:17AM (CT)
HONOLULU (AP) - Aloha Airlines filed for Chapter 11 bankruptcy protection Thursday, a little more than two years after emerging from bankruptcy.
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Dollar rises against yen in Asia
Mar 21 2008 4:04AM (CT)
TOKYO (AP) - The dollar rose against the Japanese yen Friday in Asia, holding firm after falling to a 12 1/2-year low earlier in the week.
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Dollar rises against yen in Asia
Mar 21 2008 4:04AM (CT)
TOKYO (AP) - The dollar rose against the Japanese yen Friday in Asia, holding firm after falling to a 12 1/2-year low earlier in the week.
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