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Opening statements set in for BP trial
Sep 4 2007 11:18PM (CT)
GALVESTON, Texas (AP) - It was the deadliest petrochemical industry accident in more than a decade, killing 15 people and injuring more than 170 others. The force of the blast shattered windows and walls miles away.
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Mattel recalls 800,000 lead-tainted toys
Sep 4 2007 11:14PM (CT)
NEW YORK (AP) - Mattel Inc.'s reputation took another hit after the world's largest toy maker announced a third major recall of Chinese-made toys in little more than a month because of excessive amounts of lead paint.
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Home Depot to repurchase 290M shares
Sep 4 2007 9:36PM (CT)
ATLANTA (AP) - The Home Depot Inc. said Tuesday it expects to repurchase 289.6 million of its shares for $10.7 billion as a result of a tender offer, a little less than halfway towards its goal of buying back $22.5 billion in stock.
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Oil, gas futures rise on storm worries
Sep 4 2007 9:36PM (CT)
NEW YORK (AP) - Oil and gas futures rose Tuesday on expectations the hurricane season will intensify and that OPEC won't boost production when it meets next week.
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MetroPCS offers $5.12B for Leap
Sep 4 2007 9:35PM (CT)
SAN ANTONIO (AP) - Wireless phone provider MetroPCS Communications Inc. publicly offered Tuesday to buy a regional rival for more than $5 billion in stock, a long-anticipated move that would create a nationwide wireless carrier dedicated to the discount market.
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Fed urges loan holders to avoid defaults
Sep 4 2007 9:34PM (CT)
WASHINGTON (AP) - The Federal Reserve and other banking regulators issued special guidance Tuesday urging loan service companies to work with borrowers in danger of defaulting on their home mortgages.
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Exports seen as key driver for economy
Sep 4 2007 9:34PM (CT)
WASHINGTON (AP) - A slowdown in manufacturing and construction means the economy needs to rely even more on exports to sustain growth.
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FCC's methods leaves public in the dark
Sep 4 2007 9:33PM (CT)
WASHINGTON (AP) - It's odd for an agency that has the word "communications" as its middle name, but the Federal Communications Commission routinely leaves the public in the dark about how it makes critical policy decisions.
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Rivals match Southwest fare hike
Sep 4 2007 9:32PM (CT)
DALLAS (AP) - U.S. air carriers increased fares on Tuesday after Southwest Airlines boosted its one-way ticket prices by as much as $10 over the weekend, citing higher fuel costs.
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GM's Aug. sales rise; Ford, Toyota drop
Sep 4 2007 9:31PM (CT)
DETROIT (AP) - After a dismal start to summer, August looked a little brighter for the auto industry despite continuing concern over high gas prices and turbulence in the housing and financial markets.
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GM's Aug. sales rise; Ford, Toyota drop
Sep 4 2007 9:31PM (CT)
DETROIT (AP) - After a dismal start to summer, August looked a little brighter for the auto industry despite continuing concern over high gas prices and turbulence in the housing and financial markets.
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GM's Aug. sales rise; Ford, Toyota drop
Sep 4 2007 9:31PM (CT)
DETROIT (AP) - After a dismal start to summer, August looked a little brighter for the auto industry despite continuing concern over high gas prices and turbulence in the housing and financial markets.
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GM's Aug. sales rise; Ford, Toyota drop
Sep 4 2007 9:31PM (CT)
DETROIT (AP) - After a dismal start to summer, August looked a little brighter for the auto industry despite continuing concern over high gas prices and turbulence in the housing and financial markets.
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GM's Aug. sales rise; Ford, Toyota drop
Sep 4 2007 9:31PM (CT)
DETROIT (AP) - After a dismal start to summer, August looked a little brighter for the auto industry despite continuing concern over high gas prices and turbulence in the housing and financial markets.
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GM's Aug. sales rise; Ford, Toyota drop
Sep 4 2007 9:31PM (CT)
DETROIT (AP) - After a dismal start to summer, August looked a little brighter for the auto industry despite continuing concern over high gas prices and turbulence in the housing and financial markets.
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Dollar trades mostly higher
Sep 4 2007 7:12PM (CT)
NEW YORK (AP) - The dollar rose against most major currencies Tuesday ahead of this week's European Central Bank interest rate decision.
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Greenspan's book muses about the economy
Sep 4 2007 6:05PM (CT)
WASHINGTON (AP) - Famously opaque when he was chairman of the Federal Reserve, Alan Greenspan _ the author _ says he relished the opportunity to break out of "Fedspeak" and share his own insights about the nation's economy.
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Treasurys end lower as stocks hold gains
Sep 4 2007 5:53PM (CT)
NEW YORK (AP) - Treasury prices fell Tuesday after investors, feeling more confident about rising stock prices, switched money out of bonds and back into equities.
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Stocks end higher on hopes for rate cut
Sep 4 2007 4:09PM (CT)
NEW YORK (AP) - Stocks extended their rebound from the big summer slump Tuesday after dips in manufacturing growth and construction spending raised investors' hopes for an interest rate cut.
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Wheat prices surge amid supply concerns
Sep 4 2007 3:44PM (CT)
NEW YORK (AP) - Wheat prices climbed to their daily trading limit Tuesday as a larger-than-expected grain purchase by India rallied a market beset by extremely tight world supplies.
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Wheat prices surge amid supply concerns
Sep 4 2007 3:44PM (CT)
NEW YORK (AP) - Wheat prices climbed to their daily trading limit Tuesday as a larger-than-expected grain purchase by India rallied a market beset by extremely tight world supplies.
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AT&T sells parental cell phone controls
Sep 4 2007 9:16AM (CT)
SAN ANTONIO (AP) - It may be something of a teenage nightmare: limits on when a wireless phone can make and receive calls and to whom, restrictions on text messages and talk time, and set allowances for ring tones and other downloads _ all at a parent's fingertips.
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Sony unit to list on Japan's main bourse
Sep 4 2007 9:15AM (CT)
TOKYO (AP) - Sony's financial unit will be allowed to list on the Tokyo Stock Exchange beginning Oct. 11 in an offering worth up to $3.12 billion, the company said Tuesday.
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Sony unit to list on Japan's main bourse
Sep 4 2007 9:15AM (CT)
TOKYO (AP) - Sony's financial unit will be allowed to list on the Tokyo Stock Exchange beginning Oct. 11 in an offering worth up to $3.12 billion, the company said Tuesday.
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China asks leeway on greenhouse gases
Sep 4 2007 9:14AM (CT)
BEIJING (AP) - China said Tuesday it was working hard to increase its use of renewable energy, but needs to be given some leeway in the global effort to reduce greenhouse gases.
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Euro area growth slows to 2.5 percent
Sep 4 2007 9:13AM (CT)
BRUSSELS, Belgium (AP) - Growth in the 13 nations that use the euro narrowed to 2.5 percent in the second quarter of 2007 from waning demand in the building sector during the spring, the EU's statistical agency said Tuesday.
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Euro area growth slows to 2.5 percent
Sep 4 2007 9:13AM (CT)
BRUSSELS, Belgium (AP) - Growth in the 13 nations that use the euro narrowed to 2.5 percent in the second quarter of 2007 from waning demand in the building sector during the spring, the EU's statistical agency said Tuesday.
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Sony Ericsson president stepping down
Sep 4 2007 9:13AM (CT)
LONDON (AP) - Sony Ericsson Mobile Communications named Hideki Komiyama as its new top executive Tuesday as it announced that Miles Flint will step down for personal reasons.
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Mel Bay still teaching music at 60
Sep 4 2007 7:24AM (CT)
PACIFIC, Mo. (AP) - For six decades, Mel Bay Publications has taught much of the world to play guitar _ and accordion, banjo, even the pan flute, for that matter.
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Mo. wineries expect tiny harvest
Sep 4 2007 2:22AM (CT)
ST. JAMES, Mo. (AP) - A combination of the Easter freeze and hungry birds has left Missouri's wineries predicting a tiny harvest this year and big economic losses.
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