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Associated Press

  • Burger King buyer names rail exec as future CEO
    By 2010-09-09T14:02:05Z NEW YORK (AP) -- The investment firm buying Burger King has named a former Latin American railroad executive to be CEO of the fast-food chain after it completes its $3.26 billion acquisition....
  • Questions, worries, arguments preceded Gulf blast
    By RAMIT PLUSHNICK-MASTI 2010-09-09T13:57:16Z Something was wrong....
  • US loses ground in competitiveness report
    By JOE McDONALD 2010-09-09T11:28:34Z BEIJING (AP) -- The U.S. has slipped down the ranks of competitive economies, falling behind Sweden and Singapore due to huge deficits and pessimism about government, a global economic group said Thursday....
  • Gov't: Spending to rise under health care overhaul
    By RICARDO ALONSO-ZALDIVAR 2010-09-09T11:26:53Z WASHINGTON (AP) -- The nation's health care tab will go up - not down - as a result of President Barack Obama's sweeping overhaul. That's the conclusion of a government forecast released Thursday, which also finds the increase will be modest....
  • Japan, India to sign free trade agreement
    By SHINO YUASA 2010-09-09T11:23:37Z TOKYO (AP) -- Japan said Thursday it plans to sign a free trade pact with India that will scrap tariffs on 94 percent of traded goods over 10 years....
  • Bank of England keeps rates at record low
    By 2010-09-09T11:19:35Z LONDON (AP) -- The Bank of England says it is holding interest rates steady at a record low of 0.5 percent for the 18th consecutive month amid growing fears about a double-dip recession....
  • Hyundai shows off SKorea's first electric car
    By KELLY OLSEN 2010-09-09T09:30:56Z SEOUL, South Korea (AP) -- Hyundai Motor unveiled its first electric car Thursday - the BlueOn - as it moves to catch up with Japanese rivals that have jumped ahead in the field....
  • UK agency fines Goldman Sachs $27 million
    By ROBERT BARR 2010-09-09T09:04:49Z LONDON (AP) -- Britain's financial regulator hit Goldman Sachs International with a 17.5 million pounds ($27 million) fine on Thursday for failing to notify U.K. authorities about an investigation in the United States....
  • India car sales hit all-time high in August
    By ERIKA KINETZ 2010-09-09T07:53:47Z MUMBAI, India (AP) -- Car sales in India surged to a record for a second straight month in August on strong demand before the holiday season, despite rising prices and supply constraints....
  • ANA setting up low-cost carrier, a Japan first
    By 2010-09-09T07:52:52Z TOKYO (AP) -- Japanese carrier All Nippon Airways said Thursday it's setting up Japan's first low-cost carrier, potentially making flights between Osaka and Tokyo cheaper than riding the popular bullet train....
  • Bank of Korea keeps interest rate near record low
    By KELLY OLSEN 2010-09-09T07:51:44Z SEOUL, South Korea (AP) -- South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global growth outweighed a buoyant outlook for the local economy....
  • Regret, apology not part of BP's oil spill report
    By HARRY R. WEBER, MICHAEL KUNZELMAN and DINA CAPPIELLO 2010-09-09T07:39:37Z NEW ORLEANS (AP) -- BP's long-awaited internal report on what it believes went wrong when a rig exploded and started the massive Gulf oil spill never mentions the words blame, regret, apology, mistake or pollution. The word fault shows up 20 times, but only once in the same sentence as the company's name....