Monthly Archives: October 2011

MF Global files for bankruptcy protection

FILE – In this Jan. 9, 2011 file photo, former New Jersey Gov. Jon S. Corzine reflects on his four year term in office during an interview with The Associated Press at his home in Hoboken, N.J. MF Global Holdings … Continue reading

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OECD warns on Europe’s economy

PARIS (AP) — Eurozone economies will see a “marked slowdown” next year, the Organization for Economic Cooperation and Development warned Monday, as it called on the European Union to clarify its anti-crisis measures. In an update of economic forecasts timed … Continue reading

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China confident Europe can sort out its debt mess

VIENNA (AP) — China remains confident Europe can solve its crippling debt crisis even though it continues to balk at requests for it to use its financial firepower. President Hu Jintao told reporters Monday his country is closely following developments … Continue reading

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Boeing to build spacecraft at shuttle hangar

CAPE CANAVERAL, Fla. (AP) — Boeing is taking over a space shuttle hangar in Florida to work on its own space capsule. The agreement was announced Monday at Kennedy Space Center. The move is expected to create 550 jobs over … Continue reading

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Honda to cut US, Canada production by half

FILE – In this Oct. 16, 2011 file photo, Handa auto factory is submerged in floodwaters at the Rojana industrial district in Ayutthaya, central Thailand. Honda’s quarterly profit tumbled 56 percent, battered by the strong yen and production disruptions from … Continue reading

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Stocks fall on worries about US broker, Europe

SymbolPriceChangeBAC7.02-0.33C32.34-1.82GS111.72-4.14MCD93.32+0.03MS18.29-1.02

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Asia to Africa, ’7 billionth’ babies celebrated (AP)

LAGOS, Nigeria – At a crowded public hospital, Seun Dupe’s twin boys squirm underneath a bundled-up mosquito net as they share the same bassinet. Already they are part of the swelling tide of history, as the U.N. on Monday marked … Continue reading

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Obama to order FDA to help reduce drug shortages (AP)

WASHINGTON – President Barack Obama is directing the Food and Drug Administration to take steps to reduce drug shortages, an escalating problem that has endangered patients and raised the possibility of price gouging. Patient deaths have been blamed on the … Continue reading

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3 more victims of Kan. grain elevator blast found (AP)

ATCHISON, Kan. – The bodies of the final three victims of a grain elevator blast that killed six people and injured two others were recovered Monday morning in Kansas, a company official said. Three victims were found during the weekend … Continue reading

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Cain says he was ‘falsely accused’ of harassment (AP)

WASHINGTON – Republican presidential candidate Herman Cain said Monday he was “falsely accused” of sexual harassment while he led the National Restaurant Association in the 1990s. Cain was responding to a Politico report that said the trade group settled complaints … Continue reading

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