Published: Thu, 03 Jul 2008 22:45:49 GMT
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WASHINGTON (AP) -- The nation lost jobs for a sixth month in a row in June, a storm of pink slips drenching this year's July Fourth holiday for more than 60,000 Americans and leaving thousands more worried about the future....
Published: Thu, 03 Jul 2008 18:30:14 GMT
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NEW YORK (AP) -- Higher oil prices caused service businesses to shrink in June, as falling new orders and rising costs hit the nation's coffee shops, paper mills and corner stores....
Published: Thu, 03 Jul 2008 21:23:30 GMT
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NEW YORK (AP) -- Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. But stocks still had their third dismal week in a row, with the major indexes again posting losses as worries about rising oil prices and the fallout from the credit crisis dogged the market....
Published: Thu, 03 Jul 2008 21:07:09 GMT
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NEW YORK (AP) -- The former head of Refco Inc., blamed for the collapse of one of the world's largest commodities brokerages, was sentenced to 16 years in prison Thursday by a judge who decried the 'staggeringly arrogant' greed of white collar criminals....
Published: Thu, 03 Jul 2008 21:46:40 GMT
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NEW YORK (AP) -- Soaring fuel costs are taking some of the celebration out of this holiday weekend....
Published: Thu, 03 Jul 2008 22:44:14 GMT
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NEW YORK (AP) -- A hedge fund cheat who tried to fake his own death and spent nearly a month as a fugitive told a judge Thursday that he really did try to commit suicide while on the run, saying he thought it would be better to do himself in than turn himself in....
Published: Thu, 03 Jul 2008 21:46:46 GMT
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COVINGTON, Ky. (AP) -- Two lawyers accused of defrauding their clients in a diet-drug settlement of $65 million were sent back to jail Thursday after a jury deadlocked and a federal judge declared a mistrial....
Published: Thu, 03 Jul 2008 17:51:40 GMT
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PARIS (AP) -- A French judge ordered Continental Airlines and five people to stand trial on charges of manslaughter for the 2000 crash of a Concorde jet that killed 113 people, a prosecutor said Thursday....
Published: Thu, 03 Jul 2008 16:46:18 GMT
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FRANKFURT, Germany (AP) -- Wary of higher energy and commodity prices, the European Central Bank raised its benchmark interest rate Thursday by a quarter percentage point to 4.25 percent, a move it hopes will help curtail rising inflation in the 15 countries that use the euro....
Published: Thu, 03 Jul 2008 22:43:10 GMT
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PHILADELPHIA (AP) -- Two investment firms pulled the plug Thursday on their $5.82 billion acquisition of Penn National Gaming Inc. after the racetrack and casino operator's stock price tumbled....
