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The U.S. economy slowed more sharply in the final three months of the year than previously believed, reflecting weaker business stockpiling and a bigger trade deficit. The slowdown is expected to be temporary as economists are still optimistic that growth will post a solid rebound in 2015.
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Oil train wrecks increase pressure for tougher safety rules

Joan Lowy, Associated Press  |  posted 7 minutes ago
Fiery wrecks of trains hauling crude oil have intensified pressure on the Obama administration to approve tougher standards for railroads and tank cars despite industry complaints that it could cost billions and slow freight deliveries.
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Pot fight between DC mayor, Congress could cost the city

Ben Nuckols, Associated Press  |  posted Feb 27th - 2:41am
The new mayor of the nation's capital gave her constituents what they wanted — the ability to legally grow and share marijuana in private.
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Bush defends his conservative credentials ahead of CPAC

Thomas Beaumont and Steve Peoples, Associated Press  |  posted Feb 27th - 1:40am
Jeb Bush readily points to his conservative credentials — tax cuts and smaller government as Florida's governor — yet convincing the activists at the Conservative Political Action Conference that he's one of them might be a tougher sell.
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US economy grew at moderate 2.2 percent in fourth quarter, slower than previously believed

The Associated Press  |  posted 7 minutes ago
US economy grew at moderate 2.2 percent in fourth quarter, slower than previously believed.
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Court: Company must pay SC $136 million over drug marketing

Meg Kinnard, Associated Press  |  posted 27 minutes ago
A Johnson & Johnson subsidiary should pay the state $136 million over deceptive drug marketing of an anti-psychotic drug, South Carolina's highest court ruled this week, upholding penalties against the company but reducing the amount.
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Most vacant school buildings in Pontiac being sold for $800K

The Associated Press  |  posted 46 minutes ago
Most of Pontiac's vacant school buildings are being sold for $800,000.
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Cash-strapped Ukraine struggles to keep Russia gas supplies

Laura Mills, Associated Press  |  posted Feb 27th - 5:20am
Cash-strapped Ukraine sought to buy time in its effort to ensure continued gas supplies from Russia, making a $15 million payment to Moscow on Friday as it waits for international rescue loans to arrive.
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Lloyds to pay dividend for first time since being bailed out

Danica Kirka, Associated Press  |  posted Feb 27th - 4:30am
London-based Lloyds Banking Group passed a milestone Friday in its recovery from the financial crisis, reporting an annual profit and announcing plans to pay a dividend for the first time since it was rescued by British taxpayers.
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Las Vegas Strip's version of bazaar shopping opens

The Associated Press  |  posted Feb 27th - 4:20am
An outdoor shopping experience modeled after Istanbul's Grand Bazaar is now open in front of Bally's Las Vegas.
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India sees growth over 8 percent, set for 'big bang' reforms

Muneeza Naqvi, Associated Press  |  posted Feb 27th - 3:41am
A government report says India's economy will grow more than 8 percent in the upcoming financial year and appears to have shaken off its persistent problems of high inflation, rising budget deficits and poor domestic demand.
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German Parliament approves four-month extension to Greece's financial bailout

The Associated Press  |  posted Feb 27th - 3:30am
German Parliament approves four-month extension to Greece's financial bailout.
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Sweden's Ericsson sues Apple in patent dispute

The Associated Press  |  posted Feb 27th - 3:00am
Wireless equipment maker Ericsson is suing Apple for alleged patent infringement.
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Airbus says net profit soared in 2014

Greg Keller, Associated Press  |  posted Feb 27th - 2:50am
Airbus says its net profit soared 59 percent last year as a record-high number of jet deliveries helped offset a 551 million euros end-of-year charge against its delayed A400M military transporter program.
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Ivy Tech, Hoosier Lottery launch online course on finances

The Associated Press  |  posted Feb 27th - 1:40am
The Hoosier Lottery and Ivy Tech Community College are launching an online class aimed at helping Indiana residents improve basic financial skills.
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Japan data signal slow recovery despite lower energy costs

Elaine Kurtenbach, Associated Press  |  posted Feb 27th - 1:40am
Japanese factories churned out more machinery and electronic devices in January as export shipments rose, but lower energy costs due to cheaper crude oil failed to provide a boost to consumer spending.
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