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Headlines From The Associated Press

  • IMF cuts forecast for US economic growth in 2014
    WASHINGTON (AP) -- The International Monetary Fund has shaved its forecast for U.S. economic growth this year, mostly because of a sharp contraction in the first quarter....
  • Agents get subsidized 'Obamacare' using fake IDs
    WASHINGTON (AP) -- Undercover investigators using fake identities were able to secure taxpayer-subsidized health insurance under President Barack Obama's health care law, congressional investigators said Wednesday....
  • European carriers suspend more Tel Aviv flights
    BERLIN (AP) -- Air France and Germany's two largest airlines on Wednesday canceled more flights to Tel Aviv because of ongoing safety concerns amid the fighting between Israel and Hamas....
  • In international flight, volatile conflicts abound
    DUBAI, United Arab Emirates (AP) -- In Libya, militias armed with shoulder-launched missiles are battling for control of the country's main airport. In Africa, the entire Sahel region is awash with weapons that include portable air defense systems leftover from the ouster of Moammar Gadhafi....
  • SEC poised to end $1 a share for some money funds
    WASHINGTON (AP) -- Regulators prepared to vote Wednesday to end a longtime staple of the investment industry - the fixed $1 share price for money-market mutual funds - at least for some money funds used by big investors....
  • Senate panel backs McDonald for VA secretary
    WASHINGTON (AP) -- A Senate panel on Wednesday endorsed former Procter & Gamble CEO Robert McDonald to be the new secretary of the Department of Veterans Affairs....
  • US stocks mixed as earnings reports roll in
    NEW YORK (AP) -- Stock indexes were mostly higher in late-morning trading Wednesday as investors weighed positive earnings in the technology sector against disappointing news out of aircraft giant Boeing and the appliance maker Whirlpool. Biotechnology stocks were among the biggest gainers....
  • Commercial jets push Boeing profits up 52 percent
    Increased production of passenger jets helped push up Boeing's profit by 52 percent in the second quarter, topping Wall Street's expectations....
  • New safety rules proposed to curb oil train fires
    WASHINGTON (AP) -- Thousands of older rail tank cars that carry crude oil would be phased out within two years under regulations proposed Wednesday in response to a series of fiery train crashes over the past year, including a runaway oil train that exploded in the Quebec town of Lac-Megantic, killing 47 people....
  • Senate bill targets companies that move overseas
    WASHINGTON (AP) -- The Senate voted Wednesday to advance an election-year bill limiting tax breaks for U.S. companies that move operations overseas. But big hurdles remain....

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