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Burger King unveils healthier kids menu
Sep 11 2007 11:49PM (CT)
MIAMI (AP) - Burger King pledged Wednesday to offer healthier fast-food items for children under 12, with plans to sell and market flame-broiled Chicken Tenders and apples cut to resemble thick-cut french fries.
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Realtors predict drop in 2007 home sales
Sep 11 2007 8:06PM (CT)
WASHINGTON (AP) - A trade group for real estate agents on Tuesday lowered its forecast of 2007 existing home sales for the seventh straight month, predicting a drop of 8.6 percent from last year.
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Texas Instruments narrows 3Q forecast
Sep 11 2007 6:08PM (CT)
DALLAS (AP) - Chip-maker Texas Instruments Inc. narrowed and slightly raised its third-quarter forecast Tuesday, saying it expects earnings of 49 to 53 cents per share on revenue between $3.56 billion and $3.72 billion.
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McDonald's August same-store sales jump
Sep 11 2007 5:34PM (CT)
OAK BROOK, Ill. (AP) - McDonald's Corp. reported impressive August sales Tuesday, attributing a better-than-expected 8.1 percent increase in same-store results to strong demand for its breakfast items, drinks and new Chipotle chicken wrap as well as a continuing turnaround in Europe.
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Oil hits new record on supply concerns
Sep 11 2007 5:25PM (CT)
NEW YORK (AP) - Oil prices rose to a new record settlement price Tuesday as traders turned their attention to a government inventory report expected to show tight supplies and shrugged off OPEC's decision to boost output.
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OPEC agrees to boost crude oil output
Sep 11 2007 5:21PM (CT)
VIENNA, Austria (AP) - OPEC sought to reassure jittery oil markets Tuesday by agreeing to boost crude production by 500,000 barrels a day _ a move the cartel conceded was prompted partly by "clouds on the horizon" from the U.S. housing slump.
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OPEC agrees to boost crude oil output
Sep 11 2007 5:21PM (CT)
VIENNA, Austria (AP) - OPEC sought to reassure jittery oil markets Tuesday by agreeing to boost crude production by 500,000 barrels a day _ a move the cartel conceded was prompted partly by "clouds on the horizon" from the U.S. housing slump.
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OPEC agrees to boost crude oil output
Sep 11 2007 5:21PM (CT)
VIENNA, Austria (AP) - OPEC sought to reassure jittery oil markets Tuesday by agreeing to boost crude production by 500,000 barrels a day _ a move the cartel conceded was prompted partly by "clouds on the horizon" from the U.S. housing slump.
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Industrial, precious metals make gains
Sep 11 2007 4:00PM (CT)
NEW YORK (AP) - Industrial metals bounced back from several losing sessions Tuesday as inventories declined and stock markets rose around the globe. Another drop in the U.S. dollar also lifted prices.
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Industrial, precious metals make gains
Sep 11 2007 4:00PM (CT)
NEW YORK (AP) - Industrial metals bounced back from several losing sessions Tuesday as inventories declined and stock markets rose around the globe. Another drop in the U.S. dollar also lifted prices.
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Moody's: junk defaults to triple
Sep 11 2007 1:08PM (CT)
NEW YORK (AP) - Defaults among companies with speculative-grade credit are likely to triple over the next year, underscoring the recent weakness in the debt markets, Moody's Investors Service said Tuesday.
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China agrees to lead paint ban
Sep 11 2007 12:38PM (CT)
WASHINGTON (AP) - China signed an agreement Tuesday to prohibit the use of lead paint on toys exported to the United States.
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Treasury prices slip as stocks gain
Sep 11 2007 10:38AM (CT)
NEW YORK (AP) - Treasury prices were mostly lower Tuesday as gains in the stock market drew money away from bonds and a speech by Federal Reserve Chairman Ben Bernanke shed no light on the central bank's plans for interest rates.
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Bernanke urges trade imbalance fix
Sep 11 2007 10:28AM (CT)
WASHINGTON (AP) - The United States and other countries must work together to right a skewed pattern of trade and investment around the globe, a move that would help worldwide economic stability, Federal Reserve Chairman Ben Bernanke suggested Tuesday.
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Shares up sharply for drug maker Merck
Sep 11 2007 9:18AM (CT)
BERLIN (AP) - Shares of German drugmaker Merck KGaA climbed sharply Tuesday after the company released successful new study results for its cancer drug Erbitux. Shares of biotechnology company ImClone, which developed the drug, soared nearly 24 percent in the U.S.
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Hong Kong may create Islamic bond market
Sep 11 2007 9:07AM (CT)
HONG KONG (AP) - Hong Kong's financial secretary has ordered regulators to study how to reconcile Muslim financial rules with local laws in hopes of launching a market for Islamic bonds, according to a speech transcript reviewed Tuesday.
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Hong Kong may create Islamic bond market
Sep 11 2007 9:07AM (CT)
HONG KONG (AP) - Hong Kong's financial secretary has ordered regulators to study how to reconcile Muslim financial rules with local laws in hopes of launching a market for Islamic bonds, according to a speech transcript reviewed Tuesday.
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China says inflation, trade surplus up
Sep 11 2007 9:05AM (CT)
BEIJING (AP) - China's inflation surged to an 11-year high in August and the trade surplus grew, the government reported Tuesday, adding to pressure on Beijing to ease currency controls and raise interest rates to cool its sizzling economy.
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China says inflation, trade surplus up
Sep 11 2007 9:05AM (CT)
BEIJING (AP) - China's inflation surged to an 11-year high in August and the trade surplus grew, the government reported Tuesday, adding to pressure on Beijing to ease currency controls and raise interest rates to cool its sizzling economy.
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FCC chair promotes post-digital TV rule
Sep 11 2007 4:27AM (CT)
WASHINGTON (AP) - Here's the pitch from the cable TV industry: One way or another, all subscribers will still be able to tune in their favorite shows when broadcasters shift to digital-only transmission in 2009.
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