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A new drug to prevent blood clots in heart patients reduced their chances of dying by more than 20 percent compared with the standard treatment, new research says. Read More »
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News | new astrazeneca drug reduces heart patients risks ap
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While investors go into the new week believing the economy is indeed emerging from recession, they still need to see more solid evidence of a rebound. Read More »
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News | investors hunting signs economic growth ap
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Struggling with an economy that has gouged gambling profits and cut casino companies' ability to borrow, MGM Mirage hopes to keep expanding its international hotel and casino empire and fattening its profit -- but have other companies foot the bill. Read More »
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News | mgm mirage takes brands franchisor ap
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Investors are looking for glimmers of economic hope in the everyday basics, from cereal to pens to cleaning supplies. Consumers worried about jobs and tight credit have not only cut back on big-ticket items like sofas but also scaled back on the daily necessities. Read More »
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News | purveyors everyday basics offer insights ap
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It's a simple pleasure, but Xu Beilu savors it daily: gliding past snarled traffic on her motorized bicycle, relaxed and sweat-free alongside the pedal-pushing masses. Read More »
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News | echina bicycle kingdom electric ap
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A strong force, perhaps as powerful in Congress as President Barack Obama, is keeping the drive for health care going even as lawmakers seem hopelessly at odds. Read More »
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News | lobbyists silver lining health care storm ap
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The number of newly laid-off Americans signing up for unemployment benefits last week, and those using this safety net over a longer period, both plunged. But the government figures released Thursday were clouded by difficulties adjusting for temporary shutdowns at auto plants. Read More »
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News | jobless claims drop clouded auto shutdowns ap
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Foreign demand for long-term U.S. financial assets plummeted in May as Japan and Russia trimmed their holdings of Treasury securities. Read More »
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News | foreign demand financial assets ap
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CIT Group Inc. shares tumbled more than 75 percent Thursday morning as its inability to get emergency government funding raised expectations that the commercial lender will file for bankruptcy protection. Read More »
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News | cit bailout raising bankruptcy prospect ap
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Shares of CIT Group Inc. rebounded Tuesday amid optimism that the top lender to small and mid-sized U.S. businesses may get a lifeline from the federal government. Read More »
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News | cit shares rally firm seeks federal aid ap
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Stocks are slightly higher in early trading following better-than-expected earnings reports from Johnson & Johnson and Goldman Sachs and an upbeat reading on retail sales. Read More »
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News | stocks rise earnings retail reports ap
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Higher energy prices rippled through the economy in June, helping to drive a bigger-than-expected gain in retail sales. The sharp rise in wholesale prices -- as well as "core" prices that exclude food and energy -- could fan investors' fears about inflation. Read More »
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News | wholesale prices retail sales rise june ap
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The number of people on the unemployment insurance rolls fell slightly for the first time in 20 weeks, while the tally of new jobless claims also dipped, the government said Thursday. Read More »
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News | jobless benefit rolls fall initial claims dip ap
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Many U.S. retailers said same-store sales fell in May, as expected, as shoppers continue to spend cautiously, focusing on bargains and food. Read More »
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News | us retailers report sales declines ap
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U.S. stock futures are indicating a slightly higher opening Thursday as a pleasant surprise on the labor market is helping to offset weak retail sales reports. Read More »
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News | us stock futures higher jobs data ap
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General Motors, the company that put tail fins on a Cadillac and was once the nation's largest employer, moved to the edge of bankruptcy Wednesday as debtholders refused a last-ditch deal. Read More »
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News | gm file chapter ap
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The Obama administration is proposing that the Federal Reserve serve as an all-seeing regulator to detect activities that could pose risks to the entire financial system. Read More »
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News | fed serve risk regulator obama plan ap
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The stock market put its rally back on hold as investors worried about rising borrowing costs. The Dow Jones industrial average fell almost 175 points Wednesday, erasing most of the previous day's rally as a jump in government bond yields fanned concerns that higher interest rates will sap strength from the economy. Read More »
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News | slumping treasury bond prices send stocks ap
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A coalition of health, environmental and consumer groups is demanding that health products giant Johnson & Johnson remove tiny amounts of two chemicals suspected of causing cancer from its Johnson's Baby Shampoo and other products. Read More »
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News | consumer group pushes jj chemicals shampoo ap
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Honda Motor Co. overtook Toyota Motor Corp. as the top company that auto parts suppliers prefer to do business with, according to an annual survey released Monday. Read More »
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News | honda overtakes toyota parts supplier survey ap

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