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BOJ leaves interest rates unchanged
Sep 7 2006 11:49PM (CT)
TOKYO (AP) - The Bank of Japan kept its monetary policy steady Friday, leaving a key interest rate unchanged amid speculation about when the nation's central bank will next tighten credit as the economy recovers.
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Calif. AG: Charges likely in HP scandal
Sep 7 2006 11:27PM (CT)
SAN FRANCISCO (AP) - While state Attorney General Bill Lockyer has determined Hewlett-Packard Co.'s clandestine investigation of its own board members violated the law, he says it's still unclear whether anyone will be prosecuted.
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Judge halts petroleum lease sales
Sep 7 2006 11:24PM (CT)
ANCHORAGE, Alaska (AP) - Interior Secretary Dirk Kempthorne expressed confidence in an upcoming oil lease sale in the National Petroleum Reserve-Alaska when he visited the North Slope last week. "We're set to go forward," Kempthorne said after taking a helicopter ride over a section of the vast reserve. But that sale will likely have to wait.
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Japanese stocks down; dollar down
Sep 7 2006 11:15PM (CT)
TOKYO (AP) - Japanese stocks declined Friday morning, extending losses from the previous session as traders remained wary ahead of a statement from the Bank of Japan governor later in the day.
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Alcatel, Lucent shareholders OK tie-up
Sep 7 2006 7:31PM (CT)
PARIS (AP) - Alcatel SA and Lucent Technologies Inc. overcame shareholder misgivings to win firm backing Thursday for their 8.4 billion euros ($10.7 billion) tie-up to create a major global telecommunications equipment maker.
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Money funds rose in latest week
Sep 7 2006 5:47PM (CT)
NEW YORK (AP) - Assets of the nation's retail money market mutual funds rose by $5.17 billion in the latest week to $922.87 billion, the Investment Company Institute said Thursday.
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Admin. proposes $12M Enron settlement
Sep 7 2006 5:00PM (CT)
WASHINGTON (AP) - The Labor Department proposed a $12 million agreement on Thursday with the estate of Kenneth Lay, the deceased founder of Enron Corp., to settle claims involving mismanagement of workers' pension plans.
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Sportingbet PLC chairman detained in NYC
Sep 7 2006 4:56PM (CT)
NEW YORK (AP) - The chairman of British online gambling company Sportingbet PLC has been detained in New York on a fugitive warrant, two months after the chief executive of BetOnSports PLC was arrested in the United States on racketeering charges.
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UAW: No deal with Chrysler on health
Sep 7 2006 4:55PM (CT)
DETROIT (AP) - Because it's in better financial shape, DaimlerChrysler AG's Chrysler Group won't get the same health care concessions that Ford Motor Co. and General Motors Corp. got from the United Auto Workers, the union's president said Thursday.
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Bonds break losing streak
Sep 7 2006 4:44PM (CT)
NEW YORK (AP) - U.S. Treasury bond prices ended Thursday near session highs after moving into positive territory for the first time this week.
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Honor code aims to keep Bud.TV from kids
Sep 7 2006 3:55PM (CT)
ST. LOUIS (AP) - Anheuser-Busch is using cutting-edge technology to launch its online television channel that will beam Budweiser-themed shows to personal computers and cell phones.
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Precious metals lower on profit-taking
Sep 7 2006 3:52PM (CT)
NEW YORK (AP) - Gold futures settled lower Thursday as gains seen earlier in the week were erased by profit-taking and strength in the U.S. dollar.
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Precious metals lower on profit-taking
Sep 7 2006 3:52PM (CT)
NEW YORK (AP) - Gold futures settled lower Thursday as gains seen earlier in the week were erased by profit-taking and strength in the U.S. dollar.
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Former BP executive declines to testify
Sep 7 2006 3:45PM (CT)
WASHINGTON (AP) - The former head of pipeline-corrosion monitoring for BP in Alaska refused to testify under oath Thursday as outraged lawmakers grilled company officials over the causes of a massive oil spill earlier this year.
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Stent maker finds new stent risks
Sep 7 2006 3:37PM (CT)
BOSTON (AP) - Boston Scientific Corp. found a slightly higher risk of blood clotting in patients implanted with its newer drug-coated stents compared with older bare-metal versions, a company spokesman said Thursday.
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United introduces new boarding equipment
Sep 7 2006 3:32PM (CT)
CHICAGO (AP) - Looking to improve its boarding process and turnaround times, United Airlines is rolling out new automated boarding equipment that it says should make getting on and off its planes much faster.
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American hopes to cut maintenance costs
Sep 7 2006 3:30PM (CT)
FORT WORTH, Texas (AP) - American Airlines hopes to save $95 million a year and reduce flight delays by improving productivity at 10 maintenance facilities at airports around the country.
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Automakers join to oppose steel tariffs
Sep 7 2006 3:28PM (CT)
WASHINGTON (AP) - A coalition of U.S. and Japanese automakers wants to end penalty tariffs on certain types of steel, saying the measures make it difficult to remain competitive in the global marketplace.
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Northwest recalls flight attendants
Sep 7 2006 3:25PM (CT)
MINNEAPOLIS (AP) - Northwest Airlines Corp. said it would recall all 1,131 of its furloughed flight attendants, but it was hard to tell whether that was good news for a recovering airline or preparation for a strike that could kill it.
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Dollar strengthens against euro, pound
Sep 7 2006 3:13PM (CT)
NEW YORK (AP) - The dollar rose against the euro and the pound Thursday after the government reported fewer-than-expected jobless claims this week.
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More companies open in-house clinics
Sep 7 2006 2:57PM (CT)
WASHINGTON (AP) - A dull, abdominal pain had been annoying Sandy Colaccino for a few days last month, but not enough to warrant a trip to the doctor. She had too much to do before leaving for vacation.
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Goodyear selling tire fabric operations
Sep 7 2006 2:49PM (CT)
AKRON, Ohio (AP) - Goodyear Tire & Rubber Co. said Thursday it is selling operations that make reinforcing fabric for tires to Hyosung Corp. for about $80 million.
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Boston Globe publisher Gilman retires
Sep 7 2006 11:37AM (CT)
BOSTON (AP) - Richard Gilman is retiring as publisher of The Boston Globe, the Globe's parent company The New York Times Co. announced Thursday.
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Oil prices slip on gas inventories
Sep 7 2006 11:31AM (CT)
NEW YORK (AP) - Crude-oil prices slipped Thursday, extending their drop to five-month lows after an inventory report showed that higher refinery production was helping boost U.S. gasoline and distillate inventories.
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easyJet says terror plot cost it $7.6M
Sep 7 2006 9:27AM (CT)
LONDON (AP) - Strict new security regulations imposed following the arrest of alleged terrorist plotters in August cost easyJet PLC about 4 million pounds, or around $7.6 million, the budget airline said Thursday.
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Nasdaq to enter options-trading business
Sep 7 2006 6:00AM (CT)
NEW YORK (AP) - The Nasdaq Stock Market said Thursday it plans to enter the crowded options-trading business with the creation of an equity and index options market.
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History calls tourists to rural towns
Sep 7 2006 5:50AM (CT)
SANDY HOOK, Ky. (AP) - In the painting, a farmer pauses to wipe his brow amid rows of tobacco. What's significant about this art work is that it's the beginning of a massive mural on the side of a barn _ one of about 20 barn murals in Elliott County being painted in an attempt to revitalize one of eastern Kentucky's poorest counties.
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