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American Indian groups argue over settlement money

  WASHINGTON (AP) — American Indian groups are fighting a plan to create a new charitable foundation with more than $380 million in federal money left over from a 2011 government discrimination settlement. U.S. District Court Judge Emmet G. Sullivan on Tuesday, December 2nd, was to review a proposal by plaintiff’s attorneys to form the [...]

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Iraqi government reaches major oil deal with Kurds

  BAGHDAD (AP) — The Iraqi government on Tuesday, December 2nd, reached a deal with the Kurdish local authorities in the country’s north to exchange oil from the autonomous region for a nearly 20 percent share of the national budget, officials said. The deal resolves a months-long impasse that had undermined national unity amid the [...]

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Storm may snarl trip for Thanksgiving travelers

  MINEOLA, N.Y. (AP) — A nor’easter was expected to develop along the East Coast just as millions of travelers head to their Thanksgiving destinations, bringing mostly rain close to the coast, but heavier snow further inland. The exact track and severity of the storm had meteorologists on alert. “A small deviation in the track [...]

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Arizona sues General Motors over delayed recalls

  PHOENIX (AP) — Arizona’s attorney general has sued General Motors Co. for failing to recall millions of cars and trucks with safety defects the auto giant did not disclose for years. The lawsuit seeks potentially billions of dollars in fines. Attorney General Tom Horne said Thursday, November 20th, that he sued under the state’s [...]

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Soaring generic drug prices draw Senate scrutiny

  WASHINGTON (AP) — Some low-cost generic drugs that have helped restrain health care costs for decades are seeing unexpected price spikes of up to 8,000 percent, prompting a backlash from patients, pharmacists and now Washington lawmakers. A Senate panel met Thursday, November 20th, to scrutinize the recent, unexpected trend among generic medicines, which usually [...]

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Grocery chain’s Christmas ad stirs tears, outrage

  LONDON (AP) — Artillery booms. A trench comes into view. Soldiers huddle into their overcoats for warmth. The scene is the unlikely backdrop for a holiday commercial that has many Britons reaching for hankies — and others demanding it be pulled from the air. The 3-minute, 40-second mini-movie from the Sainsbury’s grocery chain depicts [...]

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US producer prices rise 0.2 percent in October

  WASHINGTON (AP) — Inflation picked up in October due to higher prices that U.S. companies received for new model cars, beef, pork, pharmaceuticals and electric power. The Labor Department says the producer price index increased 0.2 percent in October from the previous month. The index measures the cost of goods and services before they [...]

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US index notch latest records; Relief over Japan

    U.S. stock indexes are closing at record highs as investors were encouraged by a positive outlook from homebuilders and better news from Japan and Germany. Health care stocks had some of the biggest gains Tuesday. The energy sector lagged the rest of the market as the price of oil resumed its slide. The [...]

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Blighted harvest drives olive oil price pressures

  BEJA, Portugal (AP) — If your favorite bottle of Mediterranean olive oil starts costing more, blame unseasonable European weather — and tiny insects. High spring temperatures, a cool summer and abundant rain are taking a big bite out of the olive harvest in some key regions of Italy, Spain, France and Portugal. Those conditions [...]

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Brazil ex-billionaire on trial for insider trading

  RIO DE JANEIRO (AP) — Brazil’s one-time richest man, whose meteoric rise to No. 7 on the Forbes billionaires list and equally spectacular bust came to symbolize the country’s economic fortunes, went on trial Tuesday in a historic insider trading case seen as a blow against an ingrained culture of impunity. Eike Batista was [...]

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Family Dollar delays special shareholders meeting

  MATTHEWS, N.C. (AP) — Family Dollar is delaying a special meeting at which shareholders were to vote on its $8.5 billion acquisition by Dollar Tree as regulators determine how many stores might need to be divested for antitrust reasons. The discount retailer said Wednesday that an update on the status of the Federal Trade [...]

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