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Altria Group (MO) on Tuesday reported net income that stayed flat in its second quarter. The results matched analysts' expectations.
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Amid sanctions, France in warship sale to Russia

The Associated Press  |  posted Jul 22nd - 5:20am
French President Francois Hollande is defending plans to deliver a warship to Russia, despite calls for a European arms embargo against Moscow over the fighting in Ukraine.
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Detroit retirees back pension cuts by a landslide

The Associated Press  |  posted Jul 22nd - 2:03am
A year after filing for bankruptcy, Detroit is building momentum to get out, especially after workers and retirees voted in favor of major pension changes just a few weeks before a judge holds a crucial trial that could end the largest public filing in U.S. history.
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Russians fed conspiracy theories on Ukraine crash

Laura Mills, Associated Press  |  posted Jul 22nd - 1:30am
An assassination attempt against Russian President Vladimir Putin. A desperate ploy to draw the West into the battle for Ukraine's east. A botched mission to commit mass murder against Russian citizens.
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Credit Suisse in steep loss after US tax case

The Associated Press  |  posted 43 minutes ago
Credit Suisse, Switzerland's second-biggest bank, posted a second-quarter net loss of 700 million Swiss francs ($779 million) Tuesday after paying the largest penalty ever imposed in a U.S. criminal tax case.
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Verizon 2Q profit rises 93 percent

The Associated Press  |  posted Jul 22nd - 5:40am
Verizon is reporting that its second-quarter earnings nearly doubled after securing full ownership of Verizon Wireless.
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Comcast 2Q earnings top views on Internet hookups

The Associated Press  |  posted Jul 22nd - 5:32am
Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
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CIT Group buying OneWest Bank in $3.4B deal

The Associated Press  |  posted Jul 22nd - 5:30am
CIT Group will buy privately owned OneWest Bank in a $3.4 billion cash-and-stock deal.
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Trains collide in South Korea; 1 dead, dozens hurt

Jung-Yoon Choi, Associated Press  |  posted Jul 22nd - 5:20am
Two passenger trains collided head-on in eastern South Korea on Tuesday, killing one passenger and injuring dozens, officials said.
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Military exercises delay flights throughout China

The Associated Press  |  posted Jul 22nd - 4:20am
China's airline regulator has warned travelers to expect flight delays at 12 airports through mid-August, and an airport employee said military exercises are the reason.
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Clippers CEO and Shelly Sterling to testify

The Associated Press  |  posted Jul 22nd - 3:40am
The interim CEO of the Los Angeles Clippers is set to testify today at the Los Angeles trial to determine whether the sale of the team to former Microsoft CEO Steve Ballmer can go through.
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Update on the latest in business:

The Associated Press  |  posted Jul 22nd - 3:40am
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China meat scandal hits Starbucks, Burger King

Joe McDonald, Associated Press  |  posted Jul 22nd - 3:10am
A suspect meat scandal in China engulfed Starbucks and Burger King on Tuesday and spread to Japan where McDonald's said the Chinese supplier accused of selling expired beef and chicken had provided 20 percent of the meat for its chicken nuggets.
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The Delta gains national recognition

Tom Bassing-Times, Associated Press  |  posted Jul 22nd - 2:10am
The Mississippi Delta is a national treasure.
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World stocks rise as Ukraine plane tensions ease

Elaine Kurtenbach, Associated Press  |  posted Jul 22nd - 2:10am
World stock markets rose Tuesday as tensions over the downing of a passenger jet in Ukraine eased after pro-Moscow separatists released a train packed with bodies and handed over the aircraft's black boxes.
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