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World Bank seeks Zoellick meeting
Jun 18 2007 8:40PM (CT)
WASHINGTON (AP) - The World Bank's board wants to meet Wednesday with Robert Zoellick, President Bush's choice to run the poverty-fighting institution.
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World Bank seeks Zoellick meeting
Jun 18 2007 8:40PM (CT)
WASHINGTON (AP) - The World Bank's board wants to meet Wednesday with Robert Zoellick, President Bush's choice to run the poverty-fighting institution.
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Ex-Enron broadband head sentenced
Jun 18 2007 6:13PM (CT)
HOUSTON (AP) - One of the key prosecution witnesses whose testimony helped convict former Enron CEO Jeffrey Skilling and company founder Kenneth Lay was sentenced Monday to 27 months in prison.
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Oil prices up on Nigerian strike threat
Jun 18 2007 5:38PM (CT)
NEW YORK (AP) - Oil closed above $69 a barrel, a nine-month high, and gasoline futures also rose Monday after Nigerian oil unions called a strike for this week.
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Wendy's explores sale, slashes outlook
Jun 18 2007 5:34PM (CT)
COLUMBUS, Ohio (AP) - Wendy's International Inc. is exploring a possible sale of the company, the nation's third-largest hamburger chain said Monday, as it warned that profits for the year would fall short of Wall Street expectations.
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Yahoo replaces CEO Terry Semel
Jun 18 2007 5:32PM (CT)
SAN FRANCISCO (AP) - Yahoo Inc. Chairman Terry Semel stepped down as chief executive in a surprise move Monday, ending his increasingly ineffectual pursuit of online search leader Google Inc. _ a losing battle that had demoralized Yahoo's shareholders and employees.
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Airbus rakes in orders at Paris Air Show
Jun 18 2007 5:00PM (CT)
LE BOURGET, France (AP) - Airbus stole the spotlight from U.S. rival Boeing Co. on the opening day of the world's largest air show Monday, announcing deals worth around $43 billion.
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Airbus rakes in orders at Paris Air Show
Jun 18 2007 5:00PM (CT)
LE BOURGET, France (AP) - Airbus stole the spotlight from U.S. rival Boeing Co. on the opening day of the world's largest air show Monday, announcing deals worth around $43 billion.
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Gold rises as dollar falls versus euro
Jun 18 2007 4:35PM (CT)
NEW YORK (AP) - Gold prices rose modestly Monday, gaining for the third straight day as traders watched the U.S. dollar lose ground against the euro and Treasury yields hold steady.
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Gold rises as dollar falls versus euro
Jun 18 2007 4:35PM (CT)
NEW YORK (AP) - Gold prices rose modestly Monday, gaining for the third straight day as traders watched the U.S. dollar lose ground against the euro and Treasury yields hold steady.
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Treasurys prices end higher in quiet day
Jun 18 2007 4:11PM (CT)
NEW YORK (AP) - The Treasurys market ended Monday's session with modest gains, although the quiet close obscured a bit of choppy action earlier in the session.
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Treasurys prices end higher in quiet day
Jun 18 2007 4:11PM (CT)
NEW YORK (AP) - The Treasurys market ended Monday's session with modest gains, although the quiet close obscured a bit of choppy action earlier in the session.
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Moscow ranks as world's priciest city
Jun 18 2007 4:11PM (CT)
NEW YORK (AP) - Moscow is the world's most expensive city for the second year in a row, thanks to an appreciating ruble and rising housing costs, a new survey reports.
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Finish Line buying Genesco for $1.5B
Jun 18 2007 3:54PM (CT)
NASHVILLE, Tenn. (AP) - Speciality retailer Finish Line Inc. said Monday it agreed to pay about $1.5 billion for footwear and accessories retailer Genesco Inc., which recently rejected a lower offer from Foot Locker Inc.
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Court sides with Wall Street banks
Jun 18 2007 2:58PM (CT)
WASHINGTON (AP) - Investors who lost money when the dot-com bubble burst suffered a Supreme Court setback Monday, and the justices are poised to issue yet another important decision that could restrict shareholder lawsuits.
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UAW: Work with Chrysler on health care
Jun 18 2007 12:08PM (CT)
DETROIT (AP) - Chrysler may get the same health care concessions from the United Auto Workers that its Detroit-based competitors received two years ago.
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UAW: Work with Chrysler on health care
Jun 18 2007 12:08PM (CT)
DETROIT (AP) - Chrysler may get the same health care concessions from the United Auto Workers that its Detroit-based competitors received two years ago.
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IMF adopts new currency rules
Jun 18 2007 10:46AM (CT)
WASHINGTON (AP) - The International Monetary Fund announced Monday it had adopted new guidelines for how countries should conduct their foreign currency policies. The Bush administration had sought the change as a way of applying more pressure to China to reform its currency system.
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Rolls-Royce wins $6.06 billion in orders
Jun 18 2007 10:10AM (CT)
LONDON (AP) - Rolls-Royce PLC, the world's second-largest aircraft engine maker, said Monday that it won orders worth a total of $6.32 billion, including a record $5.6 billion contract to supply engines to Qatar Airways.
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Rolls-Royce wins $6.06 billion in orders
Jun 18 2007 10:10AM (CT)
LONDON (AP) - Rolls-Royce PLC, the world's second-largest aircraft engine maker, said Monday that it won orders worth a total of $6.32 billion, including a record $5.6 billion contract to supply engines to Qatar Airways.
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ICI spurns Akzo Nobel's takeover bid
Jun 18 2007 10:08AM (CT)
LONDON (AP) - Imperial Chemical Industries PLC rejected an informal 7.2 billion pound ($14.2 billion) takeover bid by Akzo Nobel NV, the company said Monday.
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Nigerian unions call strike over fuel
Jun 18 2007 9:07AM (CT)
ABUJA, Nigeria (AP) - Labor unions in Nigeria called Monday for a general nationwide strike to protest a government price hike on automobile fuel.
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AP: Blockbuster to favor Blu-ray HD disc
Jun 18 2007 5:39AM (CT)
LOS ANGELES (AP) - Blockbuster Inc. will rent high-definition DVDs only in the Blu-ray format in 1,450 stores when it expands its high-def offerings next month, dealing a major blow to the rival HD DVD format.
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Dollar loses ground to euro
Jun 18 2007 5:31AM (CT)
FRANKFURT, Germany (AP) - The dollar was weaker against the euro Monday as traders drove up the common currency on the back of weaker-than-expected U.S. inflation figures from last week. The Japanese yen fell to new 4 1/2-year lows against the dollar.
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Dollar loses ground to euro
Jun 18 2007 5:31AM (CT)
FRANKFURT, Germany (AP) - The dollar was weaker against the euro Monday as traders drove up the common currency on the back of weaker-than-expected U.S. inflation figures from last week. The Japanese yen fell to new 4 1/2-year lows against the dollar.
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Microsoft buy stake in Chinese TV maker
Jun 18 2007 5:07AM (CT)
BEIJING (AP) - Microsoft Corp. and a major Chinese TV set maker announced Monday they will jointly develop entertainment products linking television and the Internet, joining a race to profit from the Web's growing status as a channel to distribute movies and other programs.
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North Dakota land sale under fire
Jun 18 2007 3:43AM (CT)
BISMARCK, N.D. (AP) - Less than two months after the U.S. Forest Service completed the purchase of an historic Badlands ranch as part of a $5.3 million deal, questions are being raised about a related land sale.
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