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The U.S. stock market is opening sharply higher, building on gains from the day before after the Federal Reserve indicated it was in no rush to raise interest rates.
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Vegas hotelier faces gambling commission scrutiny

By Kimberly Pierceall, Associated Press  |  posted 24 minutes ago
The man who started a hospitality empire with a Los Angeles nightclub and turned the Sahara Hotel and Casino on the Las Vegas Strip into a hipper, sleeker destination is facing questions from gambling regulators for the second time this month about his cocaine use and questionable business dealings.
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US jobless aid applications decline to 289,000

By Christopher S. Rugaber, Associated Press  |  posted Dec 18th - 6:51am
Fewer Americans sought unemployment benefits last week, a sign of solid job security and growing confidence among employers.
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AP IMPACT: Abused kids die as authorities fail to protect

By Holbrook Mohr and Garance Burke, Associated Press  |  posted Dec 18th - 6:20am
At least 786 children died of abuse or neglect in the U.S. in a six-year span in plain view of child protection authorities — many of them beaten, starved or left alone to drown while agencies had good reason to know they were in danger, The Associated Press has found.
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France fines 13 firms $1.2 bln for price-fixing

By Jamey Keaten, Associated Press  |  posted 4 minutes ago
Penalizing a dirty business involving cleaning products, French regulators fined 13 consumer-products makers about 950 million euros ($1.2 billion) for price fixing on goods like shampoos, detergents and toothpaste.
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Kraft Foods CEO to retire; Cahill named successor

The Associated Press  |  posted 4 minutes ago
Kraft Foods Group Inc. says that CEO Tony Vernon plans to retire later this month. The company named Chairman John Cahill as his successor.
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Circus disputes citation for hair-hanging accident

By Michelle R. Smith, Associated Press  |  posted 14 minutes ago
Ringling Bros. and Barnum & Bailey Circus has contested a citation it received from federal regulators for an accident that sent eight hair-hanging acrobats plummeting to the ground during a live performance, severely injuring most of them.
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Here is the latest Nevada news from The Associated Press

The Associated Press  |  posted 24 minutes ago
A Nevada casino regulator testified that he never told a judge that investigators posed as Internet repairmen to gain entry to high-roller suites at Caesars Palace. Nevada Gaming Control Board Agent Ricardo Lopez testified that they had no warrant when they entered the room in an investigation of what prosecutors say was an illegal online sports gambling operation.
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Daimler puts aside $748 million for antitrust case

The Associated Press  |  posted 24 minutes ago
Daimler AG says it's booking a 600 million-euro ($748 million) charge related to European Union antitrust proceedings against commercial vehicle makers.
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Ford expands drivers air bag recall nationwide

By Tom Krisher, Associated Press  |  posted 24 minutes ago
Ford Motor Co. has agreed to government demands to expand a driver's side air bag inflator recall to the entire U.S.
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Gulf stocks gain with Dubai closing 13 percent up

By Aya Batrawy, Associated Press  |  posted 44 minutes ago
Gulf equity markets made massive gains Thursday with Dubai's main stock market rising 13 percent, just two days after closing at its lowest point of the year.
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Putin: West is trying to 'defang' the Russian bear

By Laura Mills and Vladimir Isachenkov, Associated Press  |  posted Dec 18th - 6:40am
President Vladimir Putin vowed Thursday to fix Russia's economic woes within two years by diversifying away from its heavy reliance on oil and gas and voiced confidence that the plummeting ruble will soon recover.
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Applications for US unemployment aid slip to 289,000, lowest level in 6 weeks

The Associated Press  |  posted Dec 18th - 6:31am
Applications for US unemployment aid slip to 289,000, lowest level in 6 weeks.
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Russian sailors leaving French port without warship

The Associated Press  |  posted Dec 18th - 6:31am
Russian sailors are leaving a French Atlantic port without the French-made warship they were supposed to take home.
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Portugal gov't issues order to stop airline strike

The Associated Press  |  posted Dec 18th - 6:31am
Portugal's government has issued an executive order to stop a planned four-day strike by national airline staff during the busy Christmas holiday season.
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