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Associated Press

  • German central bank board member Sarrazin to quit
    By MELISSA EDDY 2010-09-09T19:51:46Z BERLIN (AP) -- A member of Germany's central bank who made disparaging remarks about Muslims and Jews in a disputed book has agreed to quit his position on the board, the Bundesbank said in a statement Thursday....
  • Gulf oil dilemma: accept payout from BP or sue
    By CURT ANDERSON 2010-09-09T19:18:25Z MIAMI (AP) -- Alabama seafood market owner David Scott faces a difficult decision as he tries to rejuvenate his business after the Gulf oil spill: He can accept a piece of BP's $20 billion claims fund - relatively fast, easy money - or sue the oil giant for a bigger payday, wait years and risk ending up with nothing....
  • Norfolk Southern opens new $191M route to Midwest
    By MATT LEINGANG 2010-09-09T19:16:09Z COLUMBUS, Ohio (AP) -- Norfolk Southern Corp. on Thursday ran its first train loaded with double-stacked cargo containers through some of the most rugged parts of the Appalachian Mountains, opening a $191 million route made possible by an ambitious tunnel-expansion project....
  • Highway deaths fall to lowest level since 1950
    By KEN THOMAS 2010-09-09T18:31:42Z WASHINGTON (AP) -- Traffic deaths have plummeted across the United States to levels not seen in more than a half-century, spurred by technology, safety-conscious drivers and tougher enforcement of drunken driving laws....
  • Apple publishes guidelines for app approval
    By PETER SVENSSON 2010-09-09T18:15:21Z NEW YORK (AP) -- Apple Inc. on Thursday gave software developers the guidelines it uses to determine which programs can be sold in its App Store, yet it reserved for itself broad leeway in deciding what makes the cut....
  • Irish bonds rebound, banks hold ground after Anglo
    By SHAWN POGATCHNIK 2010-09-09T16:54:16Z DUBLIN (AP) -- Investors welcomed Ireland's plan to split up its most debt-crippled bank, Anglo Irish, by bidding strongly Thursday for government bonds. Ireland's battered bank shares also held their ground....
  • Merkel: economic upswing should benefit workers
    By JUERGEN BAETZ 2010-09-09T16:51:21Z BERLIN (AP) -- German chancellor Angela Merkel said Thursday the current economic upswing should benefit workers who were hit by the economic and financial crisis....
  • Trade deficit narrows to $42.8 billion in July
    By MARTIN CRUTSINGER 2010-09-09T16:21:16Z WASHINGTON (AP) -- The trade deficit narrowed significantly in July as exports climbed to the highest level in nearly two years, reflecting big gains in sales of U.S.-made airplanes and other manufactured goods while imports declined....
  • Struggling Spain OKs labor market reforms
    By DANIEL WOOLLS 2010-09-09T14:56:42Z MADRID (AP) -- Spain gave final approval Thursday to labor market reforms designed to shake up a listless economy and help slash a bloated deficit that has prompted European-wide worries of another Greek-style debt crisis....
  • Global recession unlikely, OECD says
    By PAN PYLAS 2010-09-09T14:46:46Z LONDON (AP) -- The global economic recovery could be slower than expected but another recession remains unlikely - especially if governments don't overdo their spending cuts, a leading international economic body said Thursday....
  • Consumer agency candidate Warren meets with Obama
    By JULIE PACE 2010-09-09T14:04:42Z WASHINGTON (AP) -- Elizabeth Warren, a popular but polarizing consumer advocate, met with President Barack Obama at the White House Tuesday, adding to speculation she could be named to head a new consumer protection agency....
  • Cold drinks, hot summer fuel McDonald's sales rise
    By EMILY FREDRIX 2010-09-09T14:04:18Z NEW YORK (AP) -- August's summer heat provided a lift for fast-food giant McDonald's, pushing a key revenue figure up 4.6 percent in the U.S. during the month as customers came in for frappes and fruit smoothies....