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President Barack Obama says federal contractors that violate labor laws shouldn't get a competitive advantage over companies that play by the rules.
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Target taps outsider as CEO for needed shakeup

Candice Choi, Michelle Chapman, Associated Press  |  posted 28 minutes ago
Target is bringing in an outsider as its CEO for the first time as the retailer fights to redefine itself to American shoppers.
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US stocks fall sharply as earnings disappoint

Steve Rothwell, Associated Press  |  posted 48 minutes ago
Stocks fell sharply on Thursday as investors reacted to disappointing corporate earnings and outlooks from major U.S. companies including Exxon Mobil and Whole Foods Markets. The slide put major indexes into the red for July, leaving the market on track for its first monthly loss since January. Argentina's stock market plunged after the South American nation defaulted on its debt for the second time in 13 years.
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Cracked rail caused 2012 Md. coal train derailment

Jessica Gresko, Associated Press  |  posted 8 minutes ago
A coal train derailment that killed two Maryland college students was caused by a broken rail, the National Transportation Safety Board said Thursday.
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Nevada taxable sales up 8 percent in May

The Associated Press  |  posted 8 minutes ago
Nevada's taxable sales rose 8 percent in May compared to the same month a year ago, but sales and use tax collections are lagging behind projections for the current fiscal year by about one-half of a percent.
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Reactions to Wisconsin's union law being upheld

The Associated Press  |  posted 8 minutes ago
The Wisconsin Supreme Court on Thursday upheld the 2011 law championed by Gov. Scott Walker — known as Act 10 — that effectively ended collective bargaining for most public workers. The following quotes are reactions to the decision:
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Man sues soccer star Ronaldo over 'CR7' trademark

The Associated Press  |  posted 8 minutes ago
A Rhode Island man has sued Portuguese soccer star Cristiano Ronaldo over the phrase "CR7."
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NY judge: US warrant can reach email in Ireland

Larry Neumeister, Associated Press  |  posted 18 minutes ago
U.S. law enforcement can force Microsoft Corp. to turn over emails it stores in Ireland, a judge ruled in a case that technology companies have rallied around as they pursue billions of dollars in data storage business abroad.
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SeaWorld, Southwest Airlines ending partnership

Mike Schneider, Associated Press  |  posted 28 minutes ago
Southwest Airlines and SeaWorld Entertainment are ending their 25-year-old marketing partnership, officials with both companies said Thursday, as the airline has been urged by animal rights activists to terminate the relationship.
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As US job market strengthens, many don't feel it

Josh Boak, Christopher S. Rugaber, Associated Press  |  posted 28 minutes ago
For millions of workers, happy days aren't quite here again.
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FDA to start regulating lab-developed tests

Matthew Perrone, Associated Press  |  posted 38 minutes ago
The Food and Drug Administration announced Thursday it will begin regulating laboratory-developed tests, a growing class of medical diagnostics that have never before been subject to federal oversight.
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In San Francisco real estate, $1M won't buy much

Lisa Leff, Associated Press  |  posted 48 minutes ago
San Francisco Association of Realtors President Betty Taisch has two words of advice for those who want to live here and think $1 million will buy them their dream house: think again.
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GE spinoff Synchrony flat in stock market debut

The Associated Press  |  posted 57 minutes ago
Shares of Synchrony Financial are nearly flat in their debut Thursday on the New York Stock Exchange.
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French company Iliad bidding for T-Mobile US

Peter Svensson, Associated Press  |  posted Jul 31st - 11:11am
T-Mobile US Inc. has another suitor on its hands. Upstart French telecom company Iliad SA on Thursday said it has offered $15 billion for a majority stake in the fourth-largest U.S. cellphone company.
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EU identifies 5 Russian banks it is sanctioning

Juergen Baetz, Associated Press  |  posted Jul 31st - 11:11am
The European Union on Thursday revealed the details of its broad economic sanctions against Russia, including the names of five major banks which will see their access to the 28-nation bloc's capital market curtailed.
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Irish bookmaker apologizes for 2010 data breach

Shawn Pogatchnik, Associated Press  |  posted Jul 31st - 11:01am
Irish betting company Paddy Power announced Thursday it is notifying hundreds of thousands of customers that most of their profile information was stolen in 2010, but hackers did not gain their credit card details or log-in passwords.
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