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Rising debt may be next crisis
WASHINGTON (AP) — The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It's the national debt.
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Cummins recalling 400 workers at Indiana plant
COLUMBUS, Ind. (AP) — Cummins Inc. is recalling 400 laid-off workers as it resumes production of the Dodge Ram engine at a central Indiana factory.
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Business owners drop prices to build relationships
NEW YORK (AP) — For many small business owners, the recession can have an upside in giving them opportunities to strengthen their relationships with customers.
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Cheap flights on hold: JetAmerica moves July launch to August
SOUTH BEND — A low-cost carrier scheduled to fly from here to the New York City area starting July 13 has delayed those flights by one month.
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AP source: Ruth Madoff asked to take fur coat
NEW YORK (AP) — Disgraced financier Bernard Madoff's wife asked to stay in her $7 million Manhattan penthouse and wanted to take a fur coat with her before federal marshals seized the property.
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Candy sales still sweet
SOUTH BEND — More people may be out of a job these days, but they are not out of chocolate.
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Web retailers, states tussle over tax rules
NEW YORK (AP) — In a big break for online shoppers, Web retailers generally don't have to charge sales taxes in states where they lack a store or some other physical presence.
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Cigarette companies kicked out of tobacco meeting
GENEVA (AP) — A U.N.-backed meeting on tobacco smuggling has barred cigarette companies from attending for fear they will try to influence delegates, participants said Thursday.
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GM urges quick approval of sale plan
NEW YORK (AP) — An attorney for a trio of bondholders opposed to General Motors' sale plan on Thursday urged a judge to call the government's bluff and require the automaker to restructure itself through a more traditional Chapter 11 process instead of through the quick sale of its assets.
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Indiana software company lays off 35 workers
MUNCIE, Ind. (AP) — A central Indiana software company has laid off 35 employees just months after cutting about 125 jobs.
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McDonald's to launch line of Angus burgers
NEW YORK (AP) — McDonald's Corp. will begin selling a new line of bigger burgers priced at about $4 each on Thursday to bring in customers looking for a beefy alternative to pricier burgers at sit-down restaurants.
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Gov't won't fund GM after July 10, official says
NEW YORK (AP) — A senior member of President Barack Obama's auto task force testified Wednesday that the U.S. government will not continue to fund General Motors Corp.'s operations if the automaker doesn't get approval to sell its assets to a new company within the next 10 days.
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Federal judge won't block BP refinery expansion
HAMMOND, Ind. (AP) — A federal judge has rejected a move by environmentalists to stop the $3.8 billion expansion of BP's oil refinery along Lake Michigan.
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Sony struggling as Walkman hits 30th anniversary
TOKYO (AP) — When the Sony Walkman went on sale 30 years ago, it was shown off by a skateboarder to illustrate how the portable cassette-tape player delivered music on-the-go — a totally innovative idea back in 1979.
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Gillette pushing beyond shavers
CINCINNATI (AP) — Gillette has launched a new global advertising campaign that underscores parent company Procter & Gamble Co.'s efforts to expand the shaving brand to reach men with other grooming products.
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EPA sets timetable for VIM Recycling
ELKHART — The EPA has worked out an agreement with VIM Recycling to reduce the amount of scrap wood at the company site. Two years ago this month, a massive fire killed one person and injured another. The hope is this latest step will reduce neighbors’ safety concerns about the site.
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Wal-Mart backs employer health insurance mandate
WASHINGTON (AP) — Wal-Mart has embraced President Barack Obama's call for requiring all large employers to offer health insurance to their workers, adding momentum to the president's push for far-reaching changes to the nation's health care system.
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Protesters demand mortgage help from loan firms
PHILADELPHIA (AP) — Protests are planned in more than a dozen cities across the country to demand that a group of mortgage companies who benefited from federal bailout money participate in a government program designed to prevent foreclosures.
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AP Source: 10 others to be charged in Madoff probe
NEW YORK (AP) — Authorities are pursuing charges against 10 more people in the Bernard Madoff financial scandal after the mastermind of one of the biggest financial frauds in history was sentenced to spend the rest of his days behind bars, The Associated Press has learned.
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Report: Worst may be over for US tech market
NEW YORK (AP) — As bad as the technology market fared in the first quarter of this year, the worst may be over, at least in the United States, Forrester Research said in a report Tuesday.
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