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Wal-Mart tries to improve fashion trends
Nov 10 2006 9:28PM (CT)
NEW YORK (AP) - This holiday season, a big challenge at Wal-Mart is convincing shoppers like Portia Goodman and Karen Wade to buy fashion instead of just basics.
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PlayStation 3 debuts to lines in Japan
Nov 10 2006 9:19PM (CT)
TOKYO (AP) - Sony's PlayStation 3 made its highly anticipated debut in Japan to long lines on Saturday, marking the first launch of the video game console that's expected to become a global sellout.
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Enron's Fastow assigned to La. prison
Nov 10 2006 9:18PM (CT)
HOUSTON (AP) - Former Enron Corp. financial whiz Andrew Fastow will serve six years in a federal prison in Louisiana for plundering the company while concealing its feeble financial condition from investors.
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Merck submits new data for Arcoxia
Nov 10 2006 9:17PM (CT)
TRENTON, N.J. (AP) - Merck & Co., which has been seeking approval for a successor to its painkiller Vioxx for nearly three years, said Friday it has given regulators new patient data about the proposed drug and expects a decision by April.
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Russia moves closer to WTO membership
Nov 10 2006 9:16PM (CT)
WASHINGTON (AP) - A longtime economic goal of Russia _ entry into the World Trade Organization _ moved a crucial step forward Friday as U.S. and Russian trade negotiators reached agreement.
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Qwest execs cash in stock options
Nov 10 2006 9:16PM (CT)
DENVER (AP) - Three Qwest Communications International Inc. executives made more than $43 million by cashing in stock options, according to regulatory filings this week.
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Big 3 execs to talk trade with Bush
Nov 10 2006 9:15PM (CT)
DETROIT (AP) - Leaders of the Big Three domestic automakers will bring up currency exchange rates and health care costs when they speak with President Bush on Tuesday, Ford's top executive said Friday.
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Motorola buys mobile software maker
Nov 10 2006 9:14PM (CT)
CHICAGO (AP) - Cell phone maker Motorola Inc. said Friday it is buying Blackberry rival Good Technology Inc., a deal that should boost the prospects for its new Q device as consumer demand for e-mail phones explodes.
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Insurance rates may change retirement
Nov 10 2006 9:13PM (CT)
NEW ORLEANS (AP) - The soaring cost of homeowner's insurance may be starting a new retirement trend in the United States, the chief economist for the National Association of Realtors said Friday.
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Dow up 5, Nasdaq up 14 in quiet trading
Nov 10 2006 6:21PM (CT)
NEW YORK (AP) - Wall Street closed out an erratic session with a modest advance Friday as investors awaited further signs about the health of the economy. Falling oil prices and a contract win for Boeing Co. offered some support to a lackluster market, and the major indexes all ended with solid gains for the week.
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Copper futures plunge to 4 1/2 month low
Nov 10 2006 5:59PM (CT)
NEW YORK (AP) - Copper futures quickly plunged to a 4 1/2 month low Friday, after increases in London and Shanghai exchange copper stocks led to a technical breakdown for the metal.
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Helio launches buddy tracking service
Nov 10 2006 5:10PM (CT)
NEW YORK (AP) - With instant messaging programs, it's easy to tell whether a friend is at the computer, ready to chat. Despite its immense popularity, the concept of the buddy list hasn't made a smooth transition to the mobile world.
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Ford needs more time to restate earnings
Nov 10 2006 4:30PM (CT)
DEARBORN, Mich. (AP) - Ford Motor Co. says it needs more time to restate its earnings for accounting errors that involved interest rate hedging at its financial arm.
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Russia says it has WTO deal with U.S.
Nov 10 2006 1:11PM (CT)
MOSCOW (AP) - Russia and the United States reached agreement Friday on Moscow's eventual entry into the World Trade Organization, but final details needed to be resolved for a formal deal to be signed at next week's summit meeting in Vietnam.
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China expects $150B trade surplus
Nov 10 2006 11:59AM (CT)
BEIJING (AP) - China's politically sensitive trade surplus should soar to a record $150 billion this year, nearly 50 percent above the 2005 level, according to Commerce Ministry figures reported Friday by a state news agency.
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BP settles last refinery blast suit
Nov 10 2006 11:26AM (CT)
GALVESTON, Texas (AP) - Eva Rowe slowly wiped away tears as her attorney talked about how the settlement of a lawsuit against BP PLC for her parents' deaths in last year's deadly Texas City refinery explosion would bring her closure.
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BP settles last refinery blast suit
Nov 10 2006 11:26AM (CT)
GALVESTON, Texas (AP) - Eva Rowe slowly wiped away tears as her attorney talked about how the settlement of a lawsuit against BP PLC for her parents' deaths in last year's deadly Texas City refinery explosion would bring her closure.
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BP settles last refinery blast suit
Nov 10 2006 11:26AM (CT)
GALVESTON, Texas (AP) - Eva Rowe slowly wiped away tears as her attorney talked about how the settlement of a lawsuit against BP PLC for her parents' deaths in last year's deadly Texas City refinery explosion would bring her closure.
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BP settles last refinery blast suit
Nov 10 2006 11:26AM (CT)
GALVESTON, Texas (AP) - Eva Rowe slowly wiped away tears as her attorney talked about how the settlement of a lawsuit against BP PLC for her parents' deaths in last year's deadly Texas City refinery explosion would bring her closure.
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BP settles last refinery blast suit
Nov 10 2006 11:26AM (CT)
GALVESTON, Texas (AP) - Eva Rowe slowly wiped away tears as her attorney talked about how the settlement of a lawsuit against BP PLC for her parents' deaths in last year's deadly Texas City refinery explosion would bring her closure.
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BP settles last refinery blast suit
Nov 10 2006 11:26AM (CT)
GALVESTON, Texas (AP) - Eva Rowe slowly wiped away tears as her attorney talked about how the settlement of a lawsuit against BP PLC for her parents' deaths in last year's deadly Texas City refinery explosion would bring her closure.
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Hermes says 3Q sales rose 3 percent
Nov 10 2006 11:24AM (CT)
PARIS (AP) - Luxury goods company Hermes International SCA said Friday its third-quarter sales rose 3 percent, helped by higher demand in Europe.
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Fed doesn't let money supply set policy
Nov 10 2006 10:57AM (CT)
WASHINGTON (AP) - The Federal Reserve closely follows the money supply but doesn't let that information alone set policy to steady the economy and keep inflation in check, Chairman Ben Bernanke said Friday.
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S&P revises AIG rating to stable
Nov 10 2006 10:25AM (CT)
NEW YORK (AP) - Standard & Poor's Ratings Services on Friday said it revised its outlook on American International Group Inc. to "stable" from "negative." The revision also applies to AIG's core insurance subsidiaries, S&P said.
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India industrial output rises in Sept.
Nov 10 2006 8:30AM (CT)
NEW DELHI (AP) - India's industrial production rose 11.4 percent in September, boosting growth for the first half of the fiscal year to 10.9 percent, the government said Friday in a report that indicated momentum is building in the economy.
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Indonesia seeking jail for Newmont exec
Nov 10 2006 8:29AM (CT)
MANADO, Indonesia (AP) - Prosecutors on Friday demanded a three-year prison term for the American executive of a mining company accused of dumping waste with dangerous levels of mercury and arsenic into an Indonesian bay.
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Intel to spend $1B on Vietnam plant
Nov 10 2006 8:07AM (CT)
HO CHI MINH CITY, Vietnam (AP) - Intel Corp., the world's largest computer chipmaker, announced Friday that it will more than triple its initial $300 million investment in Vietnam, dramatically expanding the size of a chip assembly and testing plant that it is constructing in the country's southern business hub.
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Sands casino to close after 26 years
Nov 10 2006 6:17AM (CT)
ATLANTIC CITY, N.J. (AP) - Willie Samuels walked away from the Sands Hotel & Casino for the last time with the satisfaction that he was a winner, even if it was only $8. Sands is closing at 6 a.m. Saturday after 26 years. In most worlds, that's not enough time to become a relic. But in Atlantic City casino history _ neatly divided into a pre-Borgata period and its sexier modern era _ it's ancient.
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Ex-HP ethics chief pleads not guilty
Nov 10 2006 6:16AM (CT)
SAN FRANCISCO (AP) - Kevin Hunsaker, former ethics chief for Hewlett-Packard Co., has pleaded not guilty to four felony charges for allegedly directing the computer and printer maker's ill-fated boardroom spying probe, authorities said late Thursday.
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U.S. cars rise in reliability ratings
Nov 10 2006 6:15AM (CT)
DETROIT (AP) - Ford's new Fusion model earned high marks from both Consumer Reports testers and consumers who rated its reliability, the magazine said in its 2007 new car preview, showing that U.S. automakers may be making strides in initial quality.
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Asian nations sign 'Iron Silk Road' deal
Nov 10 2006 5:36AM (CT)
BUSAN, South Korea (AP) - For decades, officials have dreamed of a railway network spanning Asia, linking cities as diverse as Kuala Lumpur and Kabul, Yangon and Yerevan.
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Japanese stocks drop; dollar down
Nov 10 2006 4:14AM (CT)
TOKYO (AP) - Japanese stocks fell Friday to a six-week low, hurt by declines in bank issues, amid concerns about a temporary lull in the economy. The dollar was lower against the yen.
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Texas cotton does well despite drought
Nov 10 2006 3:37AM (CT)
LUBBOCK, Texas (AP) - A lingering drought has Texas farmers expecting to harvest nearly a third less cotton than they did last year, though growers in the nation's top cotton-producing state aren't panicking. The 5.7 million bales projected Thursday by the U.S. Department of Agriculture would still be the fourth-largest cotton harvest on record. The state enjoyed a record 8.5 million bale harvest last year.
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Delta Air Lines posts $52M profit in 3Q
Nov 10 2006 2:21AM (CT)
ATLANTA (AP) - Delta Air Lines Inc., the nation's third-largest carrier, said Thursday it swung to a $52 million profit in the third quarter thanks in part to a one-time gain due to a decrease in previously estimated pre-bankruptcy claims for restructuring of aircraft financing deals.
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Disney reports higher 4Q, yearly profit
Nov 10 2006 12:20AM (CT)
LOS ANGELES (AP) - The blockbuster sequel "Pirates of the Caribbean: Dead Man's Chest" topped the summer hits that helped The Walt Disney Co. boost its per share earnings 89 percent in the fourth quarter.
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