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Britain urges steps to insure financial system
7:13AM CT
ST. ANDREWS, Scotland (AP) - Britain called for consideration of a global tax on financial transactions to insure against another crisis and urged world finance officials meeting Saturday in Scotland to agree on bearing the cost of fighting climate change.
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Banks in Ga., Mich., Minn., Mo., Calif. closed
Nov 6 2009 9:11PM CT
CHARLOTTE, N.C (AP) - Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans.
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Decision day for health care in the House
8:02AM CT
WASHINGTON (AP) - President Barack Obama is trying to close the deal in the House on his health care overhaul, facing a make-or-break vote that's certain to be seen as a test of his presidency.
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China offers Africa more trade, investment
6:45AM CT
BEIJING (AP) - China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday.
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Both sides set to vote on Philly transit contract
5:19AM CT
PHILADELPHIA (AP) - Members of Philadelphia's largest transit union and the Southeastern Pennsylvania Transportation Authority are set to vote on a contract to end the strike that has idled buses, subways and trolleys for five days.
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Berkshire Hathaway says 3Q profit triples to $3.2B
Nov 6 2009 7:31PM CT
OMAHA, Neb. (AP) - Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled.
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Freddie Mac loses $6.3B in 3Q
Nov 6 2009 6:35PM CT
WASHINGTON (AP) - Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion.
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