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Labor report says Alabama only state with higher unemployment than a year ago

Tue, 08/19/2014 - 1:36pm
The U.S. Bureau of Labor Statistics says Alabama was the only state that had a higher unemployment rate in July than it did a year ago.
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Agriculture Department says recent rains limit need for irrigation in parts of Nebraska

Tue, 08/19/2014 - 1:33pm
Nebraska's crops are making good progress, but crops that lack irrigation are starting to show signs of stress in areas where there hasn't been much rain lately.
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CEO of bankrupt oil company sentenced to nearly 3 years in prison; scammed investors

Tue, 08/19/2014 - 1:24pm
The CEO of a bankrupt southern Kentucky oil company was sentenced Tuesday to nearly three years in prison for scamming investors into giving him money for three oil partnerships in Kentucky and Tennessee.
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New trail connects visitors with Virginia's oyster industry amid largest harvest since 1987

Tue, 08/19/2014 - 1:07pm
Riding a wave of growth and popularity of the state's aquaculture, Virginia officials on Tuesday announced the creation of the Virginia Oyster Trail to connect travelers to the state's oyster industry.
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N.Y. Financial Watchdog Fines Standard Chartered $300 Million

Tue, 08/19/2014 - 12:51pm
The British bank will pay a $300 million penalty to New York's financial regulator and impose measures to correct lapses in its anti-money-laundering procedures.
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Lehman's London staff win $300 million pensions fight

Tue, 08/19/2014 - 12:48pm
More than 2,400 former Lehman Brothers bankers based in Britain will have their pensions paid in full after winning a six-year battle to receive their money from parts of the collapsed U.S. investment bank.
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AstraZeneca: US Department of Justice closes blood thinner investigation

Tue, 08/19/2014 - 12:39pm
British drugmaker AstraZeneca says the U.S. Department of Justice has closed its investigation into a clinical trial of the company's blood thinner Brilinta, and plans no further action.
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Showboat gets OK to close Aug. 31; bill would approve slots at New Jersey's 4 horse tracks

Tue, 08/19/2014 - 12:39pm
Momentum to shift some gambling away from Atlantic City increased Tuesday as a state senator introduced plans for a constitutional amendment putting slot machines at New Jersey's four horse racing tracks, a business group increased its planning for an anticipated full-blown casino at the Meadowlands sports complex just outside New York City and the state gave final approval for the Showboat to shut down this month.
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GM expands website for owners of recalled vehicles

Tue, 08/19/2014 - 12:33pm
General Motors Co's (NYSE:GM) website for owners of its vehicles recalled for faulty ignition switches has been expanded to include all 20 models involved, the automaker said.
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Medtronic CEO says Covidien deal good for U.S. economy

Tue, 08/19/2014 - 12:30pm
Medtronic Inc Chief Executive Omar Ishrak defended his company's plan to acquire Dublin-based Covidien Plc in a so-called inversion deal, saying the medical device maker will be able to create more U.S. jobs while still paying substantial taxes once the transaction closes.
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Report: Citi Mulls Sale of Japan Retail-Banking Unit

Tue, 08/19/2014 - 12:15pm
The financial giant is reportedly considering a sale of its Japan retail-banking unit where it's had a presence for decades as a leading Western bank.
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Why There's Hope in a Continued Housing Recovery

Tue, 08/19/2014 - 12:09pm
Hopes for a sustained housing recovery were bolstered after housing data blew past views, and Home Depot sees sales growing faster in the back half of 2014.
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GameStop CEO undergoes surgery for brain tumor

Tue, 08/19/2014 - 12:05pm
GameStop Corp, the world's largest retailer of videogame products, said Chief Executive Paul Raines underwent an unexpected surgery last week for a small cancerous brain tumor.
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Recovery in home sales, tame inflation news send stocks higher; Home Depot gains on earnings

Tue, 08/19/2014 - 12:00pm
U.S. stocks are moving higher in midday trading after investors got some encouraging news about home building and corporate earnings.
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Study: Private Firms Outpacing Publicly Traded Companies in Sales, Profits

Tue, 08/19/2014 - 11:51am
In an analysis of financial-statement information from 2010 to 2014, Sageworks found that large, privately held companies in the United States are outpacing their publicly traded counterparts in two key performance metrics.
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TV sales, satellite providers grow in Somali capital amid militant attacks on public places

Tue, 08/19/2014 - 11:49am
Inside the small office, the line of sweating clients waiting to renew their satellite TV subscriptions keeps growing.
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Meadowlands business leaders unveil plan for casinos, hotels at sports complex site

Tue, 08/19/2014 - 11:48am
Casinos, hotels, a convention center and a monorail could be on the horizon at New Jersey's Meadowlands.
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Defense attorney grills former peanut plant manager in trial linked to salmonella outbreak

Tue, 08/19/2014 - 11:18am
A defense attorney grilled a key prosecution witness in the trial of three people charged in a deadly salmonella outbreak.
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Medtronic fiscal 1st-quarter profit falls almost 9 percent, beats estimate

Tue, 08/19/2014 - 10:46am
Medtronic Inc. on Tuesday reported net income that declined by nearly 9 percent in its fiscal first quarter, and beat analysts' expectations.
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Carillion Sweetens Offer For Balfour Beatty

Tue, 08/19/2014 - 10:44am
Carillion PLC Tuesday improved its merger offer for fellow construction and support services firm Balfour Beatty PLC .
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