Monthly Archives: October 2011

Rescue efforts suspended at Kansas grain elevator (AP)

ATCHISON, Kan. – Crews temporarily suspended their search Sunday for three people missing since an explosion at a Kansas grain elevator that killed three workers and left two critically injured with severe burns. Atchison City Manager Trey Cocking said officials … Continue reading

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Studies challenge wisdom of GOP candidates’ plans (AP)

WASHINGTON – Key proposals from the Republican presidential candidates might make for good campaign fodder. But independent analyses raise serious questions about those plans and their ability to cure the nation’s ills in two vital areas, the economy and housing. … Continue reading

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Reports: Prosecutions going up for war zone crime (AP)

WASHINGTON – A Marine in Iraq sent home $43,000 in stolen cash by hiding it in a footlocker among American flags. A soldier shipped thousands more concealed in a toy stuffed animal. An embassy employee tricked the State Department into … Continue reading

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Aussie court ends Qantas strike, fleet grounding (AP)

CANBERRA, Australia – An Australian court early Monday ended the strikes and employee lockout that had abruptly grounded Qantas Airways and stranded tens of thousands of passengers worldwide, and the airline said it could fly again by afternoon if regulators … Continue reading

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Snow smacks Northeast; power could be out for days (AP)

SOUTH WINDSOR, Conn. – Millions of people from Maine to Maryland were without power as an unseasonably early nor’easter dumped heavy, wet snow over the weekend on a region more used to gaping at leaves in October than shoveling snow. … Continue reading

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Regulator rebuts critics on housing help (Reuters)

WASHINGTON (Reuters) – Fannie Mae’s and Freddie Mac’s regulator on Saturday rejected criticism he was obstructing a housing recovery by taking too narrow a view of his mission to protect the financial health of the two massive, taxpayer-supported mortgage firms. … Continue reading

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Dutch fear more euro turmoil: poll (Reuters)

AMSTERDAM (Reuters) – The Dutch remain overwhelmingly pessimistic about the prospects for the euro zone and fear that Italy or Spain will be next in line for a bailout, according to a poll published on Sunday ahead of another parliamentary … Continue reading

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Panasonic to post $3.9 billion net loss in FY 2011/12: Nikkei (Reuters)

TOKYO (Reuters) – Japanese electronics maker Panasonic Corp is set to post a group net loss of 300 billion yen ($3.95 billion) in the year to March 2012, hurt by a global slowdown and the yen’s strength, the Nikkei business … Continue reading

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Drunk driving arrest for California finance director (Reuters)

(Reuters) – California Governor Jerry Brown has declined an offer by his chief fiscal policy adviser to resign following her arrest on suspicion of driving under the influence, a spokesman said on Friday. Spokesman Gil Duran in a statement said … Continue reading

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CVC makes 4 bln stg offer for RBS insurance-report (Reuters)

LONDON (Reuters) – Private equity group CVC Capital Partners has made an offer for the insurance arm of Royal Bank of Scotland (RBS.L) for about 4 billion pounds ($6.5 billion), the Mail on Sunday reported. RBS Insurance (RBSI), Britain’s number … Continue reading

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