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Rita likely to spark rise in gas prices
Sep 24 2005 10:37PM (CT)
HOUSTON (AP) - The millions of Texans who fled Houston and other Gulf Coast cities to avoid Hurricane Rita are likely to pay higher prices for gasoline _ if they can find it _ on their return trips home.
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Opinions differ on rising price of gold
Sep 24 2005 10:32PM (CT)
NEW YORK (AP) - Gold is hovering near 17-year-highs. What that means depends on who's doing the interpreting. According to one school, demand from China and India is pushing the price higher, but another school insists gold is up because Western investors are convinced inflation is much higher than their governments admit.
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Refineries see some damage, dodge bullet
Sep 24 2005 10:28PM (CT)
BATON ROUGE, La. (AP) - Hurricane Rita smacked a key region for oil-refining with less force than feared on Saturday, although there were some early signs of damage.
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Deal on debt relief passes IMF hurdle
Sep 24 2005 8:12PM (CT)
WASHINGTON (AP) - A deal to erase billions of dollars of debt for poor countries cleared an important hurdle Saturday, winning the endorsement of the International Monetary Fund's steering committee.
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Canada union: Strike against GM possible
Sep 24 2005 6:35PM (CT)
TORONTO (AP) - The president of the Canadian Auto Workers union said Saturday that labor talks with General Motors Corp. have left him pessimistic and a strike could follow if things don't improve.
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OPEC sees oil price volatility in future
Sep 24 2005 6:32PM (CT)
WASHINGTON (AP) - Volatility is likely to remain a feature of the oil market for some time, Adnan Shihab-Eldin, acting secretary-general of the Organization of Petroleum Exporting Countries, said Saturday.
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Higher gas prices may be legacy of Rita
Sep 24 2005 6:17PM (CT)
HOUSTON (AP) - The millions of Texans who fled Houston and other Gulf Coast cities to avoid Hurricane Rita are likely to pay higher prices for gasoline _ if they can find it _ on their return trips home.
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Farewell party planned for Greenspan
Sep 24 2005 4:02PM (CT)
WASHINGTON (AP) - Alan Greenspan's friends in international finance do not want his departure from the Federal Reserve to go unnoticed, so they are throwing him a party.
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Rita's insured losses expected to be lower
Sep 24 2005 3:21PM (CT)
NEW YORK (AP) - Insured losses from Hurricane Rita likely will be lower than those of Hurricane Katrina, according to two firms that track costs associated with disasters.
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Change in law spurs bankruptcy filings
Sep 24 2005 1:32PM (CT)
CHICAGO (AP) - File bankruptcy now _ before the law changes! That's the message _ or exhortation _ that attorneys are making across the country, in TV commercials, print ads and mailings, urging Americans to seek bankruptcy court protection before a new law makes it harder for them to walk away from their debts.
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ConAgra's Rohde to get $50,000 a month
Sep 24 2005 10:48AM (CT)
OMAHA, Neb. (AP) - Bruce Rohde, ConAgra Foods Inc.'s outgoing chief executive officer, will be paid $2.4 million over the next four years in his new role as the food manufacturer's chairman and CEO emeritus. The company said the payout will start next month at the rate of $50,000 a month.
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Insurer estimates Katrina losses at $800M
Sep 24 2005 10:03AM (CT)
ST. PAUL, Minn. (AP) - The St. Paul Travelers Companies Inc., the largest insurer of commercial property in the Gulf Coast region, estimated on Friday that its Hurricane Katrina losses will be at least $800 million.
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Insurers must market confusing Rx program
Sep 24 2005 9:56AM (CT)
HARTFORD, Conn. (AP) - Insurance companies chosen Friday to provide prescription drug coverage to Medicare patients now have a common goal: build a simple, affordable program that stands out from what's expected to be a confusing array of competitors.
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