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Northwest, union impasse heads to judge
May 14 2006 11:16PM (CT)
MINNEAPOLIS (AP) - Northwest Airlines Corp. couldn't get its baggage handlers to agree to pay cuts, so it's taking them to court. Northwest wants its bankruptcy judge to let it throw out its union contracts with baggage handlers and other ramp workers. A trial on that request begins on Monday in bankruptcy court in New York.
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Rising oil prices vex Indiana farmers
May 14 2006 11:15PM (CT)
NEW PARIS, Ind. (AP) - Rising oil prices are putting a pinch on farmers who rely upon diesel-powered equipment and fertilizers made from petroleum.
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Japanese stocks drop; dollar down vs. yen
May 14 2006 11:12PM (CT)
TOKYO (AP) - Japanese stocks dropped sharply Monday morning, tracking declines in U.S. and European markets on Friday. Major export stocks fell as the U.S. dollar sank below 110 yen for the first time since September.
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Oil prices fall below $72 a barrel
May 14 2006 11:09PM (CT)
SINGAPORE (AP) - Crude futures extended losses in Asian trading Monday as market participants reacted to the International Energy Agency's reduction of its 2006 world oil demand forecast.
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China currency highest since revaluation
May 14 2006 10:31PM (CT)
SHANGHAI, China (AP) - China's official exchange rate broke through the psychologically important 8 yuan per dollar level Monday, its highest level since a revaluation in July, in a move traders said might signal Beijing's willingness to allow its currency to appreciate faster.
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Consumer Reports launches shopping mag
May 14 2006 10:20PM (CT)
NEW YORK (AP) - Does the world need another shopping magazine? The answer from that long-standing arbiter of product reliability, Consumer Reports _ is a resounding Yes.
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More rate hikes could force stocks down
May 14 2006 10:12PM (CT)
NEW YORK (AP) - An inflation scare sent stocks, bonds and the dollar skidding at the end of last week and analysts say more declines are possible as it dawns on investors that further increases in borrowing costs could be in store.
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Move of Halliburton meeting draws fire
May 14 2006 10:06PM (CT)
DUNCAN, Okla. (AP) - Halliburton earned a record $2.4 billion last year, but Houston executives will forgo Texas-sized luxury when they come to this rural Oklahoma county seat this week.
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Days of closing argument set in Enron case
May 14 2006 8:09PM (CT)
HOUSTON (AP) - The jury in the federal fraud and conspiracy trial of Enron Corp. founder Kenneth Lay and former Chief Executive Jeffrey Skilling is about to stop listening and start talking.
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Oil minister: Don't bank on high growth
May 14 2006 1:58PM (CT)
AMMAN, Jordan (AP) - Saudi Arabia's oil minister warned Arab producers Sunday not to expect continued growth in prices and demand for oil.
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Economic impact of immigrants unclear
May 14 2006 1:20PM (CT)
LOS ANGELES (AP) - The debate over immigration reform resumes on Capitol Hill this week _ so brace for a barrage of conflicting claims over whether the millions of people here illegally drain or fill the government's wallet.
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Highlights of testimony in Enron Trial
May 14 2006 1:16PM (CT)
HOUSTON (AP) - Here are some highlights of the testimony in the fraud and conspiracy trial of Enron Corp. founder Kenneth Lay and former CEO Jeffrey Skilling, which began with jury selection Jan. 30. The case is expected to go to the jury on Wednesday after 2 1/2 days of closing arguments that followed more than 14 weeks of testimony from 25 prosecution witnesses and 29 defense witnesses. With little tangible evidence, experts have said the case could hinge on who said what to whom and when:
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132-year-old rural general store for sale
May 14 2006 10:33AM (CT)
CROGHAN, N.Y. (AP) - This general store finally sold its last corset last year, to a young girl who thought it looked pretty cool. Still on the shelves of E.M. Marilley and Co. are odd pieces of a "Made in the USA" past: Flash cubes. Dress shields. Rubber boots from a B.F. Goodrich footwear division that hasn't been around since the '70s. Don't let the vintage fool you: All are stubbornly brand-new. The store's philosophy is, it stays until it sells.
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Vietnam reaches agreement to join WTO
May 14 2006 1:18AM (CT)
HANOI, Vietnam (AP) - Vietnam has reached an agreement with the United States that paves the way for the communist country to join the World Trade Organization, U.S. and Vietnamese officials said Sunday.
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