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Comair, attendants reach tentative deal
Oct 13 2006 8:23PM (CT)
CINCINNATI (AP) - Comair, the subsidiary of Delta Air Lines Inc., and the union representing its 970 flight attendants said Friday the two sides have reached a tentative agreement on concessions.
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ConocoPhillips Co. to pay $540K in spill
Oct 13 2006 6:42PM (CT)
OLYMPIA, Wash. (AP) - ConocoPhillips will pay $540,000 to Washington state for spilling more than 1,000 gallons of crude oil and marring 21 miles of Puget Sound shorelines in 2004, state officials announced Friday.
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FCC delays vote on AT&T-BellSouth deal
Oct 13 2006 6:22PM (CT)
WASHINGTON (AP) - The Federal Communications Commission delayed a vote on the proposed buyout of BellSouth Corp. by AT&T Inc. until Nov. 3 at the latest after two Democrats asked for time to study last-minute concessions offered by the companies.
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Sony releases new Walkman players
Oct 13 2006 5:42PM (CT)
TOKYO (AP) - Sony Corp. unveiled its lastest Walkman digital music players Thursday, vowing to battle Apple Computer Inc.'s iPod juggernaut with superior sound quality.
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SEC charges 3 former Enron execs
Oct 13 2006 5:12PM (CT)
WASHINGTON (AP) - Three former Enron Corp. executives were charged by the Securities and Exchange Commission with fraud and other violations Thursday for their role in a 1999 sale of Enron's troubled Brazilian power project.
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Jury: Wal-Mart to pay workers $78M-plus
Oct 13 2006 4:54PM (CT)
PHILADELPHIA (AP) - Wal-Mart Stores Inc., the world's biggest retailer, must pay at least $78.5 million for violating Pennsylvania labor laws by forcing employees to work through rest breaks and off the clock, a jury found Friday.
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NPR's news executive becomes ombudsman
Oct 13 2006 4:49PM (CT)
WASHINGTON (AP) - National Public Radio's top news executive has resigned, but will stay with NPR as its ombudsman, the nonprofit organization announced Friday.
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Red Hat shares down on competition news
Oct 13 2006 4:44PM (CT)
RALEIGH, N.C. (AP) - Shares of Red Hat Inc., the largest distributor of the Linux operating system, tumbled more than 7 percent Friday after a Wall Street analyst suggested that Oracle Corp. may soon introduce its own Linux products.
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Oil above $58; Norway platforms close
Oct 13 2006 4:43PM (CT)
WASHINGTON (AP) - Oil prices rose Friday after Norway ordered production shut down at two offshore platforms, reducing flows by about 10 percent from the world's third-largest oil exporter.
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Russia may revoke Lukoil licenses
Oct 13 2006 4:27PM (CT)
MOSCOW (AP) - Russia's Natural Resources Ministry said Friday that it may revoke 19 field licenses after their owner, the nation's No. 1 oil producer OAO Lukoil, failed to develop them according to schedule.
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Merck: Drug delay will slow application
Oct 13 2006 4:24PM (CT)
TRENTON, N.J. (AP) - Drugmaker Merck & Co. said Friday that sluggish testing of an experimental insomnia drug, which the company has been touting for more than a year, will delay plans to seek federal approval to sell the medicine.
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GE 3Q profit rises 6 pct; shares fall
Oct 13 2006 4:17PM (CT)
HARTFORD, Conn. (AP) - General Electric Co. said Friday its profit rose 6 percent in the third quarter as a strong performance in its infrastructure and appliance businesses offset weakness in its NBC Universal operations.
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Dallas Love Field limits will be lifted
Oct 13 2006 4:06PM (CT)
WASHINGTON (AP) - President Bush signed a law Friday that will eventually eliminate restrictions on long-haul flights from Dallas Love Field, Texas officials said.
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Air America Radio files for Chapter 11
Oct 13 2006 3:50PM (CT)
NEW YORK (AP) - Air America Radio filed for bankruptcy reorganization Friday, in the latest patch of turbulence to befall the liberal talk radio network that launched two years ago headlined by the comedian and author Al Franken.
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SAIC shares add 21 percent in debut
Oct 13 2006 3:48PM (CT)
WASHINGTON (AP) - Shares of defense services contractor Science Applications International Corp. added more than 21 percent Friday in the company's trading debut.
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Report: Few sign up for quake insurance
Oct 13 2006 3:34PM (CT)
NEW YORK (AP) - Few Americans have invested in earthquake insurance despite the massive damage that quakes can cause, according to a report released Friday by A.M. Best Company Inc.
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Online bet firms sell U.S. operations
Oct 13 2006 3:28PM (CT)
LONDON (AP) - British-based online gaming companies began cashing in the chips of their U.S. operations Friday as President Bush signed a bill aimed at restricting Internet gambling in the United States.
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Key features of bankruptcy law
Oct 13 2006 3:19PM (CT)
WASHINGTON (AP) - The Bankruptcy Abuse Prevention and Consumer Protection Act, passed by Congress and signed into law by President Bush in April 2005, makes it harder for debtors to erase credit card and other debts in legal proceedings.
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Suez, GDF offer new concessions to EU
Oct 13 2006 3:17PM (CT)
PARIS (AP) - French energy company Suez SA and the state natural gas distributor Gaz de France SA said Friday they have offered new concessions to the European Union to address antitrust concerns raised by their planned merger.
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Diesel's dirty image is changing
Oct 13 2006 3:09PM (CT)
HAGERSTOWN, Md. (AP) - Diesel engines mainly power trucks, buses and construction equipment in the U.S., and they have long been scorned by environmentalists concerned about air pollution.
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Bolivia to export more gas to Argentina
Oct 13 2006 2:54PM (CT)
LA PAZ, Bolivia (AP) - Bolivia plans to sell Argentina natural gas worth more than $16 billion over the next 20 years, Bolivia's Hydrocarbons Minister Carlos Villegas announced Friday.
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Nokia to close plant, lay off 300
Oct 13 2006 1:03PM (CT)
FORT WORTH, Texas (AP) - Nokia Corp. will close a Forth Worth facility that repaired and distributed cellular phones and lay off 300 of the plant's 450 workers.
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Virgin presses Airbus on A380 delay
Oct 13 2006 12:22PM (CT)
PARIS (AP) - Virgin Atlantic Airways Ltd. voiced more dissatisfaction Friday with major delays to the Airbus A380, but the plane's biggest customer, Emirates, said it had no current plans to cancel any of its 45 "superjumbos" on order.
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Airline pitches retro smoking service
Oct 13 2006 12:09PM (CT)
BERLIN (AP) - A German entrepreneur wants to create a nostalgic smokers' haven above the clouds by starting a nicotine-friendly airline offering Cuban cigars, caviar and flight attendants in designer uniforms _ as well as smoking allowed in every seat.
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Cell phones making a fashion statement
Oct 13 2006 11:18AM (CT)
COLUMBUS, Ohio (AP) - For Denise Albert, choosing a cell phone has nothing to do with ring tones, instant messages or megapixels. "To me, it's what it looks like," said Albert, a 53-year-old campaign fundraiser from suburban Powell. "I want a good design. Period."
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Sharp, Fujitsu to recall Sony batteries
Oct 13 2006 11:11AM (CT)
TOKYO (AP) - Japanese electronics makers Sharp and Fujitsu announced plans Friday to recall laptop batteries made by Sony, adding to an already massive global recall of the batteries that are at risk of overheating and catching fire.
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Macy's partners with Rwandan widows
Oct 13 2006 9:04AM (CT)
NEW YORK (AP) - When Macy's decided to sell baskets made by Rwandan widows, the store was swayed in part by the prospect of contributing to a developing economy and in part by the women's tale of suffering during their country's 1994 genocide.
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Europe car sales fall 2.6 pct. in Sept.
Oct 13 2006 8:14AM (CT)
HELSINKI, Finland (AP) - Renault and GM lost the most ground as new-car sales in Europe fell 2.6 percent in September, though Fiat, Toyota, BMW and Volkswagen saw sales grow, the European Automobile Manufacturers' Association ACEA said Friday.
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Sportingbet sells U.S. operations for $1
Oct 13 2006 6:31AM (CT)
LONDON (AP) - Sportingbet PLC is making a bet that there is no future in online gambling in the United States. The British company said Friday it sold its U.S. operations for $1 following legislation to ban Internet gambling in the United States.
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Bank of Japan leaves rates unchanged
Oct 13 2006 5:07AM (CT)
TOKYO (AP) - The Bank of Japan's policy board voted unanimously to leave interest rates unchanged, as widely expected, at the end of a two-day meeting Friday.
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Judge grills witness in Livedoor trial
Oct 13 2006 5:03AM (CT)
TOKYO (AP) - The judge presiding over the trial of a Japanese Internet mogul expressed suspicions Friday that other executives may have schemed to pocket millions, showing the court was carefully weighing who was behind the alleged dealings.
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Jasdaq, Nasdaq discuss possible alliance
Oct 13 2006 4:44AM (CT)
TOKYO (AP) - Japanese high technology-oriented stock exchange Jasdaq said Friday it is in talks with its U.S. counterpart, the Nasdaq, about a possible alliance that might allow mutual listing of companies on each other's markets.
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Japanese stocks hit 5-month high
Oct 13 2006 3:20AM (CT)
TOKYO (AP) - Japanese stocks climbed Friday to a five-month high as investors bought up oil, electronics and trading company stocks on the heels of a new record on Wall Street overnight. The dollar was lower against the yen.
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More consumers turning to local growers
Oct 13 2006 2:54AM (CT)
SAN FRANCISCO (AP) - Baskets overflow with fresh greens. Tomatoes blush a deep red. The competition for customers' attention is fierce at the Heirloom Organics farm stand during the lunch-hour rush. Despite a recent E. coli outbreak, shoppers at this farmers market are reaching with confidence for spinach, reassured that the food is grown nearby, by farmers they can talk to, on land they can visit.
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Ex-Homestore CEO gets 15-year sentence
Oct 13 2006 1:26AM (CT)
LOS ANGELES (AP) - The founder and former chief executive of online real estate listings company Homestore Inc. was sentenced Thursday to a 15-year prison term and ordered to pay a $5 million fine for his part in a scheme to defraud investors.
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