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The European Central Bank has raised its forecast for inflation this year to 0.3 percent from zero previously, another sign that the risk of crippling deflation — a long-term drop in prices — may be fading.
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Greek leader heads to Brussels to defend deal proposal

Elena Becatoros, Associated Press  |  posted Jun 3rd - 6:20am
Greece's prime minister was heading to high-level meetings in Brussels on Wednesday to try to persuade the country's creditors to accept a proposal that might unlock much-delayed bailout loans and save the country from financial disaster.
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Global watchdog warns on economic growth, cuts US forecast

Greg Keller, Associated Press  |  posted Jun 3rd - 3:10am
The world economy risks being bogged down in a low growth spiral unless measures are taken to spur demand and incite businesses to boost their stubbornly sluggish investments.
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Pros and cons of freelancing for workers and companies

The Associated Press  |  posted 48 minutes ago
Thinking of making the leap to freelance, or hiring an independent contractor? Here are some pros and cons to keep in mind:
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'Skylanders' injecting vehicles in next installment

Derrik J. Lang, Associated Press  |  posted 58 minutes ago
"Skylanders" is pushing the pedal to the metal.
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Insurer UnitedHealth bumps up quarterly dividend 33 percent

The Associated Press  |  posted 58 minutes ago
UnitedHealth Group is raising its cash dividend by more than 30 percent once again, as the nation's largest health insurer keeps pace with its rising stock price.
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Pipeline in Arkansas River ruptures, releases natural gas

The Associated Press  |  posted Jun 3rd - 6:21am
A 2-mile section of the Arkansas River is closed following the rupture of a pipeline that released nearly 4 million cubic feet of natural gas.
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Czechs to ban smoking in restaurants, cafes, bars

The Associated Press  |  posted Jun 3rd - 5:50am
The Czech government has approved a ban on smoking in restaurants, bars and cafes.
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Maggi noodles ordered off India's shelves due to lead level

Nirmala George, Associated Press  |  posted Jun 3rd - 5:40am
Indian shopkeepers withdrew a popular brand of Nestle instant noodles from their shelves Wednesday after tests revealed the snack contained unsafe levels of lead.
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Bankrupt Patriot Coal picks Blackhawk Mining as lead bidder

John Raby, Associated Press  |  posted Jun 3rd - 5:10am
Blackhawk Mining LLC is offering to buy most of bankrupt Patriot Coal Corp.'s assets.
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Airbus says 3 of 4 engines failed on crashed A400M

Greg Keller, Associated Press  |  posted Jun 3rd - 5:01am
Airbus said Wednesday that three of the four engines on an A400M military plane failed before it crashed near Seville, Spain last month, killing four people.
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Softbank invests $1B in SKorean e-commerce firm Coupang

Youkyung Lee, Associated Press  |  posted Jun 3rd - 4:40am
Coupang, a South Korean online shopping site, has secured a $1 billion investment from Japanese Internet company Softbank Corp.
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A-B Tech to eliminate jobs, cut budget ahead shortfall

The Associated Press  |  posted Jun 3rd - 4:10am
Officials say Asheville-Buncombe Technical Community College plans to eliminate positions as the school tries to balance its budget and make up an expected shortfall in state dollars.
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Greek uncertainty acting as 'brake on growth' in eurozone

Pan Pylas, Associated Press  |  posted Jun 3rd - 3:30am
Uncertainty over Greece is weighing on the eurozone economy, a closely-watched survey found Wednesday, as the clock was ticking on the country's efforts to avoid bankruptcy.
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San Francisco board rejects building suspension

Janie Har, Associated Press  |  posted Jun 3rd - 3:20am
Check out rental sites for San Francisco, especially the trendier parts: Well over $3,000 a month for a one-bedroom flat and nearly $5,000 for two bedrooms.
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Here is the latest Idaho news from The Associated Press

The Associated Press  |  posted Jun 3rd - 1:30am
Psychiatrists are few and far between in Idaho's plentiful rural communities. However, officials say that telemedicine is helping the practice get a hand in treating far-away patients. The nation's largest telemedicine provider cited regulatory issues for pulling out of Idaho nearly one year ago. To combat those challenges, lawmakers passed legislation this year requiring the state's medical licensing boards to develop rules for providing telemedicine in Idaho.
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