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Emergency manager Kevyn Orr testified in bankruptcy court Wednesday that when he took over Detroit's finances, he found a city with poor services for residents, next to no cash flow and significant neighborhood blight.
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Iraqi Kurds fight Islamic State with aged weapons

Vivian Salama, Associated Press  |  posted 43 minutes ago
The exhausted Kurdish fighters leaned against a pair of antiquated green cannons on a hill overlooking this northern Iraqi village, the ground around them littered with shrapnel from fierce battles with Islamic State militants.
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US, China air differences over Hong Kong protests

Matthew Pennington, Associated Press  |  posted Oct 1st - 5:21pm
Top U.S. and Chinese officials publicly aired differences Wednesday over the protests in Hong Kong, where students want democratic changes to the electoral system.
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Deep discount lures buyer for Revel casino

Wayne Parry, Associated Press  |  posted Oct 1st - 5:20pm
As one Atlantic City casino after another shut down and left thousands of workers jobless, Mayor Don Guardian insisted that the meltdown that claimed four of his city's 12 casinos since January was actually the opportunity of a lifetime for savvy investors.
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Secret Service chief quits due to security lapses

Eileen Sullivan, Alicia A. Caldwell, Associated Press  |  posted Oct 1st - 5:00pm
Secret Service Director Julia Pierson abruptly resigned Wednesday in the face of multiple revelations of security breaches, bumbling in her agency and rapidly eroding confidence that the president and his family were being kept safe.
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Infant's body found in California trash facility

The Associated Press  |  posted Oct 1st - 4:51pm
The body of an infant has been found at a Southern California trash recycling center.
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Stocks start October with a drop

Ken Sweet, Associated Press  |  posted Oct 1st - 4:21pm
Financial markets got off to a rough start in October as disappointing economic news and Ebola fears drove stocks lower.
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Why the bond market is more fragile than you think

Bernard Condon, Associated Press  |  posted Oct 1st - 4:21pm
A bottleneck is building in the global market for bonds.
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Judge: City must pay creditors and pension fund

Don Thompson, Associated Press  |  posted 54 minutes ago
A federal judge ruled Wednesday that U.S. bankruptcy law allows Stockton, California, to treat public pension fund obligations like other debts, meaning the city could trim its pension obligations.
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Miss. colleges and universities seek more money

Jeff Amy, Associated Press  |  posted Oct 1st - 5:21pm
The two systems that run Mississippi's public universities and community colleges each want lawmakers to increase their budgets by more than $75 million, arguing more state spending on higher education will help residents earn higher incomes and bolster the future of the state.
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McConnell, Grimes both get public pay to campaign

Adam Beam, Associated Press  |  posted Oct 1st - 5:00pm
Kentucky Sen. Mitch McConnell is criticizing his Democratic opponent for drawing her state paycheck while away from work to campaign. Left unsaid in the new TV ad is that McConnell appears to be taking his government salary while campaigning, too.
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Baker Hughes to disclose fracking chemicals

Jonathan Fahey, Associated Press  |  posted Oct 1st - 4:41pm
The drilling services company Baker Hughes on Wednesday implemented a policy of disclosing all of the chemicals used in its fracking operations.
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Black Press buys Hawaii and Washington newspapers

Cathy Bussewitz, Associated Press  |  posted Oct 1st - 4:11pm
The owner of Hawaii's largest newspaper bought two daily publications on Hawaii's Big Island and several newspapers in Washington state.
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BofA board names CEO Brian Moynihan chairman

The Associated Press  |  posted Oct 1st - 4:01pm
Bank of America Chief Executive Brian Moynihan has been named chairman, effective immediately.
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Inslee: More needed to prevent oil train explosion

Phuong Le, Associated Press  |  posted Oct 1st - 3:51pm
Citing deadly risks associated with increasing volatile shipments of crude oil through Washington, Gov. Jay Inslee on Wednesday said the state and federal governments need to take swift action to prevent and respond to oil spills.
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