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FCC: McDowell can vote on AT&T-Bellsouth
Dec 8 2006 10:58PM (CT)
WASHINGTON (AP) - The Federal Communications Commission's top lawyer on Friday authorized one of its members to vote on the proposed buyout of BellSouth Corp. by AT&T Inc., despite an apparent conflict of interest. The move could break a deadlock on the deal.
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U.S. urges faster China economic reforms
Dec 8 2006 7:12PM (CT)
WASHINGTON (AP) - In advance of sending a high-level U.S. delegation to Beijing, the Bush administration on Friday said China must move faster on reforms addressing America's soaring trade deficit or run the risk of a protectionist backlash.
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Trump opens luxury condo sales in Mexico
Dec 8 2006 7:02PM (CT)
SAN DIEGO (AP) - Donald Trump's new luxury hotel-condominiums on Mexico's booming Baja California coast went on sale Friday, potentially heralding a resurgent development boom along the Pacific shoreline, just south of the U.S. border.
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EU opens Universal-BMG antitrust probe
Dec 8 2006 7:00PM (CT)
NEW YORK (AP) - EU regulators on Friday opened an antitrust probe of Universal Music Group's plans to buy BMG Music Publishing for about $2.1 billion, saying the deal could damage "the already concentrated music publishing market."
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American proposes Chicago-Beijing route
Dec 8 2006 7:00PM (CT)
DALLAS (AP) - American Airlines is tinkering with its bid for new service to China, proposing that flights from Dallas stop in Chicago en route to Beijing, to get around objections from pilots. The airline said Friday it has asked to amend its plan now pending before the U.S. Transportation Department.
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Bank of America may buy Barclays
Dec 8 2006 6:59PM (CT)
CHARLOTTE, N.C. (AP) - Shares of Barclays PLC rose more than 4 percent Friday after an investment analyst advised clients that Bank of America Corp. may be interested in bidding for the London-based banking company.
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McDonald's shares reach seven-year high
Dec 8 2006 6:59PM (CT)
OAK BROOK, Ill. (AP) - Shares in McDonald's Corp. hit a seven-year high Friday after the fast-food chain said November same-store sales rose 6.2 percent, led by impressive growth in Europe.
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Time Warner sues DirecTV over NFL ads
Dec 8 2006 6:58PM (CT)
NEW YORK (AP) - A bitter dispute between cable and satellite TV over the broadcast of NFL games has intensified, with Time Warner Cable Inc. accusing DirecTV Group Inc. of deceptive trade practices. The lawsuit in U.S. District Court in Manhattan claims DirecTV lied about the accessibility of NFL broadcasts in an attempt to pry away customers from Time Warner Cable.
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Smaller GM takes shape in Lansing
Dec 8 2006 5:01PM (CT)
LANSING, Mich. (AP) - Piles of crushed concrete and broken brick wait to be hauled away as bulldozers tear down old General Motors Corp. factories that have stood for a century on the banks of the Grand River in downtown Lansing.
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McDonald's sales jump, stock hits record
Dec 8 2006 4:58PM (CT)
OAK BROOK, Ill. (AP) - Shares in McDonald's Corp. hit a seven-year high Friday after the fast-food chain said November same-store sales rose 6.2 percent, led by impressive growth in Europe.
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House OKs oil drilling in Gulf of Mexico
Dec 8 2006 4:51PM (CT)
WASHINGTON (AP) - The House approved oil and gas drilling Friday in a vast area of the Gulf of Mexico south of Florida's Panhandle and agreed to steer hundreds of millions of dollars in royalty payments to Gulf states to restore coastal wetlands and repair hurricane damage.
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Oil prices dip ahead of OPEC meeting
Dec 8 2006 3:54PM (CT)
WASHINGTON (AP) - Oil prices fell Friday, ending the week 2.2 percent lower as traders anticipated warmer weather and an upcoming OPEC meeting, and shrugged off violence in Nigeria, Africa's largest oil producer.
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Warm weather in Europe cause for concern
Dec 8 2006 3:08PM (CT)
GENEVA (AP) - Spring blossoms are popping up all over the Austrian Alps. Geneva's official chestnut tree has already sprouted leaves and flowers. And Swedes are still picking mushrooms. The same question is on everyone's minds: Is winter in Europe going to be canceled this year?
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Nov. sees more jobs, higher unemployment
Dec 8 2006 3:02PM (CT)
WASHINGTON (AP) - Gearing up for the holidays, employers boosted hiring in November, and hundreds of thousands of jobseekers streamed into the market, nudging the unemployment rate up to 4.5 percent.
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Phila. papers' contract talks to resume
Dec 8 2006 2:41PM (CT)
PHILADELPHIA (AP) - A federal mediator involved in contract talks at Philadelphia's two largest newspapers wants to bring negotiators back to the bargaining table on Monday, after discussions stalled over a proposal to freeze pensions.
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Phila. papers' contract talks to resume
Dec 8 2006 2:41PM (CT)
PHILADELPHIA (AP) - A federal mediator involved in contract talks at Philadelphia's two largest newspapers wants to bring negotiators back to the bargaining table on Monday, after discussions stalled over a proposal to freeze pensions.
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EU to probe Univesal-BMG music deal
Dec 8 2006 2:41PM (CT)
NEW YORK (AP) - EU regulators on Friday opened an antitrust probe of Universal Music Group's plans to buy BMG Music Publishing for about $2.1 billion, saying the deal could damage "the already concentrated music publishing market."
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EU to probe Univesal-BMG music deal
Dec 8 2006 2:41PM (CT)
NEW YORK (AP) - EU regulators on Friday opened an antitrust probe of Universal Music Group's plans to buy BMG Music Publishing for about $2.1 billion, saying the deal could damage "the already concentrated music publishing market."
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Step taken toward global Internet names
Dec 8 2006 2:11PM (CT)
NEW YORK (AP) - The Internet's key oversight agency sought Friday to identify policy disputes that might arise from the introduction of addresses that end in non-Latin scripts, marking one more step toward making the Internet truly global.
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Consumer confidence dips before holidays
Dec 8 2006 12:31PM (CT)
WASHINGTON (AP) - Consumer confidence dipped in December, suggesting Americans are feeling less cheery _ but are not downright gloomy _ as they hit the malls during the holiday season.
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Researcher pleads guilty to taking fees
Dec 8 2006 12:10PM (CT)
BALTIMORE (AP) - A government researcher pleaded guilty Friday to misdemeanor conflict of interest for taking $285,000 in consulting fees from pharmaceutical giant Pfizer Inc. for work that improperly overlapped his official duties.
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Ericsson execs cleared of tax evasion
Dec 8 2006 11:05AM (CT)
STOCKHOLM, Sweden (AP) - Seven current and former executives and one accountant of Swedish mobile-phone equipment maker LM Ericsson were acquitted of tax evasion charges Friday.
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Ericsson execs cleared of tax evasion
Dec 8 2006 11:05AM (CT)
STOCKHOLM, Sweden (AP) - Seven current and former executives and one accountant of Swedish mobile-phone equipment maker LM Ericsson were acquitted of tax evasion charges Friday.
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Siemens Energy closing two Ohio plants
Dec 8 2006 10:31AM (CT)
BELLEFONTAINE, Ohio (AP) - Siemens Energy & Automation Inc. said Friday it plans to close two plants in western Ohio, a move that will result in the loss of about 700 jobs.
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Siemens Energy closing two Ohio plants
Dec 8 2006 10:31AM (CT)
BELLEFONTAINE, Ohio (AP) - Siemens Energy & Automation Inc. said Friday it plans to close two plants in western Ohio, a move that will result in the loss of about 700 jobs.
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Genting to build Singapore's 2nd casino
Dec 8 2006 10:17AM (CT)
SINGAPORE (AP) - Singapore on Friday awarded its second casino resort contract to Genting International, whose $3.38 billion proposal promises to lure family tourists with a Universal Studios theme park and a huge outdoor marine park.
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Genting to build Singapore's 2nd casino
Dec 8 2006 10:17AM (CT)
SINGAPORE (AP) - Singapore on Friday awarded its second casino resort contract to Genting International, whose $3.38 billion proposal promises to lure family tourists with a Universal Studios theme park and a huge outdoor marine park.
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Genting to build Singapore's 2nd casino
Dec 8 2006 10:17AM (CT)
SINGAPORE (AP) - Singapore on Friday awarded its second casino resort contract to Genting International, whose $3.38 billion proposal promises to lure family tourists with a Universal Studios theme park and a huge outdoor marine park.
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Genting to build Singapore's 2nd casino
Dec 8 2006 10:17AM (CT)
SINGAPORE (AP) - Singapore on Friday awarded its second casino resort contract to Genting International, whose $3.38 billion proposal promises to lure family tourists with a Universal Studios theme park and a huge outdoor marine park.
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Genting to build Singapore's 2nd casino
Dec 8 2006 10:17AM (CT)
SINGAPORE (AP) - Singapore on Friday awarded its second casino resort contract to Genting International, whose $3.38 billion proposal promises to lure family tourists with a Universal Studios theme park and a huge outdoor marine park.
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Genting to build Singapore's 2nd casino
Dec 8 2006 10:17AM (CT)
SINGAPORE (AP) - Singapore on Friday awarded its second casino resort contract to Genting International, whose $3.38 billion proposal promises to lure family tourists with a Universal Studios theme park and a huge outdoor marine park.
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Genting to build Singapore's 2nd casino
Dec 8 2006 10:17AM (CT)
SINGAPORE (AP) - Singapore on Friday awarded its second casino resort contract to Genting International, whose $3.38 billion proposal promises to lure family tourists with a Universal Studios theme park and a huge outdoor marine park.
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Genting to build Singapore's 2nd casino
Dec 8 2006 10:17AM (CT)
SINGAPORE (AP) - Singapore on Friday awarded its second casino resort contract to Genting International, whose $3.38 billion proposal promises to lure family tourists with a Universal Studios theme park and a huge outdoor marine park.
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HP investors unmoved by spying suit deal
Dec 8 2006 10:14AM (CT)
SAN JOSE, Calif. (AP) - Investors have largely shrugged off Hewlett-Packard Co.'s boardroom spying scandal, dismissing the brouhaha surrounding the company as immaterial to its day-to-day operations and stellar earnings growth in recent months.
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Groups faults China's Wal-Mart suppliers
Dec 8 2006 8:31AM (CT)
BEIJING (AP) - Several Chinese suppliers of Wal-Mart Stores Inc. fail to pay legally required wages or provide health insurance and allow poor working conditions, a Hong Kong-based labor group says.
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Glaxo buys Domantis for $454 million
Dec 8 2006 8:11AM (CT)
LONDON (AP) - GlaxoSmithKline PLC said Friday it had acquired the privately held biotechnology company Domantis Ltd. for 230 million pounds ($454 million) in cash.
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Iowa Christmas tree farm shuts down
Dec 8 2006 6:53AM (CT)
ANKENY, Iowa (AP) - Within a few weeks, visitors to the Captain Jack Christmas Tree Farm won't be able to stroll the fields, eating free popcorn and candy canes as they search for the perfect holiday centerpiece.
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Japan's economic growth revised downward
Dec 8 2006 5:38AM (CT)
TOKYO (AP) - Japan's economy grew at a far weaker pace in the third quarter than previously reported due to downward revisions in consumer spending and capital investment, the government said Friday, raising concerns about the recovery's strength.
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Japanese stocks fall; dollar down
Dec 8 2006 5:37AM (CT)
TOKYO (AP) - Japanese stocks slipped Friday following the release of two disappointing economic reports, including one that showed the economy grew less than previously thought in the third quarter.
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E. coli outbreak concerns Calif. farmers
Dec 8 2006 5:10AM (CT)
FRESNO, Calif. (AP) - An E. coli outbreak that has sickened nearly five dozen people in the Northeast is prompting concern among West Coast farmers after officials announced that scallions suspected as carriers of the bacteria came from a Southern California farm.
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China bans new foreign investment in TV
Dec 8 2006 3:25AM (CT)
BEIJING (AP) - China has imposed a moratorium on new foreign investment in film and TV production companies, a news report on Friday quoted a regulatory official as saying.
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Dollar down slightly in Asia trading
Dec 8 2006 3:22AM (CT)
TOKYO (AP) - The dollar fell slightly in Asia Friday as the market awaited key U.S. jobs data for hints on the strength of the American economy.
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Monsanto, Pioneer fight for seed market
Dec 8 2006 2:47AM (CT)
ST. LOUIS (AP) - Winter months are quiet on the farm, but it's crunch time for seed companies Monsanto Co. and Pioneer Hi-Bred International Inc. While farmers place their orders for next year's crop, the companies are fighting for market share in the multibillion-dollar market for genetically engineered seeds.
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Factory blast may affect gear supply
Dec 8 2006 12:23AM (CT)
MILWAUKEE (AP) - A fatal explosion this week at a major maker of large gears may increase the already long waiting times for equipment for mining and construction companies, industry experts say.
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Coca-Cola appoints Kent to No. 2 post
Dec 8 2006 12:07AM (CT)
ATLANTA (AP) - The Coca-Cola Co., the world's largest beverage maker, said Thursday it has tapped its international operations chief to fill the company's vacant No. 2 position.
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