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American expects more cancellations
Apr 8 2008 11:42PM (CT)
DALLAS (AP) - American Airlines expected to cancel more flights Wednesday _ and perhaps beyond _ as it tried for a second time to comply with federal rules about wiring on about 300 of its planes.
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American expects more cancellations
Apr 8 2008 11:42PM (CT)
DALLAS (AP) - American Airlines expected to cancel more flights Wednesday _ and perhaps beyond _ as it tried for a second time to comply with federal rules about wiring on about 300 of its planes.
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UPS cuts 1st-quarter profit outlook
Apr 8 2008 11:20PM (CT)
ATLANTA (AP) - The first quarter was rough for UPS Inc. amid higher fuel costs, a weakening U.S. economy and reduced domestic package volume, the world's largest shipping carrier said as it cut its earnings forecast for the January-March period.
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UPS cuts 1st-quarter profit outlook
Apr 8 2008 11:20PM (CT)
ATLANTA (AP) - The first quarter was rough for UPS Inc. amid higher fuel costs, a weakening U.S. economy and reduced domestic package volume, the world's largest shipping carrier said as it cut its earnings forecast for the January-March period.
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Japan's parliament approves BOJ governor
Apr 8 2008 11:18PM (CT)
TOKYO (AP) - Japanese lawmakers endorsed the acting Bank of Japan chief as its governor Wednesday, ending a power vacuum at the central bank's helm by approving the government's third candidate for the job.
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Oil steady as traders await US data
Apr 8 2008 11:06PM (CT)
SINGAPORE (AP) - Oil prices were steady Wednesday ahead of the release of a U.S. government report expected to show gasoline inventories fell last week.
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Vodka-maker Absolut apologizes for ads
Apr 8 2008 8:55PM (CT)
MEXICO CITY (AP) - The Absolut vodka company apologized Saturday for an ad campaign depicting the southwestern U.S. as part of Mexico amid angry calls for a boycott by U.S. consumers.
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Egypt seeks to appease angry workers
Apr 8 2008 7:23PM (CT)
MAHALLA EL-KOBRA, Egypt (AP) - Egypt rushed Tuesday to grant bonuses to workers after two days of deadly riots over high food prices and low wages wracked this northern industrial city, fueling government fears that economic angst might boil over across the country.
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Egypt seeks to appease angry workers
Apr 8 2008 7:23PM (CT)
MAHALLA EL-KOBRA, Egypt (AP) - Egypt rushed Tuesday to grant bonuses to workers after two days of deadly riots over high food prices and low wages wracked this northern industrial city, fueling government fears that economic angst might boil over across the country.
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Egypt seeks to appease angry workers
Apr 8 2008 7:23PM (CT)
MAHALLA EL-KOBRA, Egypt (AP) - Egypt rushed Tuesday to grant bonuses to workers after two days of deadly riots over high food prices and low wages wracked this northern industrial city, fueling government fears that economic angst might boil over across the country.
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Egypt seeks to appease angry workers
Apr 8 2008 7:23PM (CT)
MAHALLA EL-KOBRA, Egypt (AP) - Egypt rushed Tuesday to grant bonuses to workers after two days of deadly riots over high food prices and low wages wracked this northern industrial city, fueling government fears that economic angst might boil over across the country.
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Egypt seeks to appease angry workers
Apr 8 2008 7:23PM (CT)
MAHALLA EL-KOBRA, Egypt (AP) - Egypt rushed Tuesday to grant bonuses to workers after two days of deadly riots over high food prices and low wages wracked this northern industrial city, fueling government fears that economic angst might boil over across the country.
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Fed officials worried about recession
Apr 8 2008 5:46PM (CT)
WASHINGTON (AP) - Worries about a deep recession _ not a shallow one _ drove Federal Reserve policymakers to slash a key interest rate last month, meeting minutes show.
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7 charged in NY Mercantile probe
Apr 8 2008 5:42PM (CT)
NEW YORK (AP) - Seven people are charged in a probe of illegal trading at the New York Mercantile Exchange _ including a former board member who has pleaded guilty in exchange for five months in jail, authorities said Tuesday.
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7 charged in NY Mercantile probe
Apr 8 2008 5:42PM (CT)
NEW YORK (AP) - Seven people are charged in a probe of illegal trading at the New York Mercantile Exchange _ including a former board member who has pleaded guilty in exchange for five months in jail, authorities said Tuesday.
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Short-term Treasurys rise on Fed minutes
Apr 8 2008 4:45PM (CT)
NEW YORK (AP) - Short-term Treasury prices rose Tuesday after minutes from the Federal Reserve's last meeting revealed policymakers fretted over the prospects of a deep recession when cutting interest rates last month.
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Short-term Treasurys rise on Fed minutes
Apr 8 2008 4:45PM (CT)
NEW YORK (AP) - Short-term Treasury prices rose Tuesday after minutes from the Federal Reserve's last meeting revealed policymakers fretted over the prospects of a deep recession when cutting interest rates last month.
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Washington Mutual raising $7 billion
Apr 8 2008 4:25PM (CT)
SEATTLE (AP) - Washington Mutual Inc. secured $7 billion in new capital Tuesday, an injection that is aimed at reviving the company despite ballooning loan losses but which may also push it to rethink its strategy, slim down and revamp the management.
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Pending home sales hit low in February
Apr 8 2008 4:22PM (CT)
WASHINGTON (AP) - Homeowners and investors hunting for any indication that the housing market has bottomed out didn't get it Tuesday, as the latest home sales data from a real estate trade group moved that sign further down the road to recovery.
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Pending home sales hit low in February
Apr 8 2008 4:22PM (CT)
WASHINGTON (AP) - Homeowners and investors hunting for any indication that the housing market has bottomed out didn't get it Tuesday, as the latest home sales data from a real estate trade group moved that sign further down the road to recovery.
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Gold falls on stronger dollar
Apr 8 2008 4:01PM (CT)
NEW YORK (AP) - Gold prices dropped Tuesday after traders cashed in profits and the dollar gained some muscle against the euro, diminishing the metal's appeal as a hedge against inflation.
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Gold falls on stronger dollar
Apr 8 2008 4:01PM (CT)
NEW YORK (AP) - Gold prices dropped Tuesday after traders cashed in profits and the dollar gained some muscle against the euro, diminishing the metal's appeal as a hedge against inflation.
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Alcoa 1Q profit drops on higher costs
Apr 8 2008 4:01PM (CT)
PITTSBURGH (AP) - Alcoa Inc. unofficially opened the first-quarter earnings season by reporting profits sank by more than half as higher costs and a swooning U.S. dollar weighed down results, but executives said the company's future is bright.
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US water pipelines are breaking
Apr 8 2008 2:31PM (CT)
NEW YORK (AP) - Two hours north of New York City, a mile-long stream and a marsh the size of a football field have mysteriously formed along a country road. They are such a marvel that people come from miles around to drink the crystal-clear water, believing it is bubbling up from a hidden natural spring.
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IMF issues gloomy assessment of markets
Apr 8 2008 12:58PM (CT)
WASHINGTON (AP) - The International Monetary Fund on Tuesday said the global credit crisis, despite some recent improvement, remains a significant threat to economic growth.
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Student loan stir hits First Marblehead
Apr 8 2008 11:23AM (CT)
BOSTON (AP) - A nonprofit firm that provides financial guarantees for student-loan services provider First Marblehead Corp. filed for bankruptcy protection, sending First Marblehead's already-battered shares down sharply Tuesday.
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Gov't says gas prices could hit $4
Apr 8 2008 10:15AM (CT)
NEW YORK (AP) - Retail gas prices could climb as high as $4 a gallon this summer, but prices at such lofty levels will make many Americans think twice about hitting the road this summer, the Energy Department said Tuesday.
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Morgan Stanley's Mack sees end of crisis
Apr 8 2008 10:06AM (CT)
PURCHASE, N.Y. (AP) - Morgan Stanley Chief Executive John Mack said Tuesday that Wall Street is facing the most difficult conditions that he has seen in 40 years, but he feels the global credit crisis might be "in the final innings."
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Fed auctions another $50 billion
Apr 8 2008 10:04AM (CT)
WASHINGTON (AP) - The Federal Reserve, still working to combat the effects of a severe credit squeeze, said Tuesday it had auctioned another $50 billion to cash-strapped banks. Meanwhile, the International Monetary Fund warned that further actions are needed globally to prevent more wrenching problems.
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Nike unveils Olympic products
Apr 8 2008 9:59AM (CT)
BEAVERTON, Ore. (AP) - If the Olympics are a time for athletes to showcase their skills, then Nike sees it as a time to bring out its own best efforts.
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Nike unveils Olympic products
Apr 8 2008 9:59AM (CT)
BEAVERTON, Ore. (AP) - If the Olympics are a time for athletes to showcase their skills, then Nike sees it as a time to bring out its own best efforts.
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Nike unveils Olympic products
Apr 8 2008 9:59AM (CT)
BEAVERTON, Ore. (AP) - If the Olympics are a time for athletes to showcase their skills, then Nike sees it as a time to bring out its own best efforts.
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Nike unveils Olympic products
Apr 8 2008 9:59AM (CT)
BEAVERTON, Ore. (AP) - If the Olympics are a time for athletes to showcase their skills, then Nike sees it as a time to bring out its own best efforts.
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Eurotunnel reports first annual profit
Apr 8 2008 8:23AM (CT)
PARIS (AP) - English Channel tunnel operator Groupe Eurotunnel SA on Tuesday reported profits of $1.57 million for 2007, its first annual net profit, less than a year after the company nearly drowned in debt.
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Online sales to grow 17 percent in '08
Apr 8 2008 6:16AM (CT)
NEW YORK (AP) - Online spending is expected to rise a robust 17 percent this year, despite a sluggish economy that has bruised many brick-based retailers, according to an annual survey to be released Tuesday.
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Disney game arm to buy Chinese developer
Apr 8 2008 6:15AM (CT)
HONG KONG (AP) - The Walt Disney Co.'s video game arm will buy a Chinese game developer as the U.S. entertainment giant expands in China.
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Disney game arm to buy Chinese developer
Apr 8 2008 6:15AM (CT)
HONG KONG (AP) - The Walt Disney Co.'s video game arm will buy a Chinese game developer as the U.S. entertainment giant expands in China.
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Hynix hails EU decision on chip duties
Apr 8 2008 3:50AM (CT)
SEOUL, South Korea (AP) - Hynix Semiconductor Inc. welcomed on Tuesday a decision by the European Union that ends a long dispute over South Korean government support for the memory chip company.
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Hynix hails EU decision on chip duties
Apr 8 2008 3:50AM (CT)
SEOUL, South Korea (AP) - Hynix Semiconductor Inc. welcomed on Tuesday a decision by the European Union that ends a long dispute over South Korean government support for the memory chip company.
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USDA bets on soy, but farmers like corn
Apr 8 2008 3:44AM (CT)
CHAMPAIGN, Ill. (AP) - A few days before the U.S. Department of Agriculture released its estimate of how much corn, soybeans and other crops farmers will plant this year, Larry Gleason was getting ready to do what the forecasters were betting he wouldn't.
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USDA bets on soy, but farmers like corn
Apr 8 2008 3:44AM (CT)
CHAMPAIGN, Ill. (AP) - A few days before the U.S. Department of Agriculture released its estimate of how much corn, soybeans and other crops farmers will plant this year, Larry Gleason was getting ready to do what the forecasters were betting he wouldn't.
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