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A year after filing for bankruptcy, Detroit is building momentum to get out, especially after workers and retirees voted in favor of major pension changes just a few weeks before a judge holds a crucial trial that could end the largest public filing in U.S. history.
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US consumer prices up 0.3 percent in June

Martin Crutsinger, Associated Press  |  posted 26 minutes ago
U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year.
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Marlboro maker Altria's 2Q profit stays flat

The Associated Press  |  posted 36 minutes ago
Marlboro maker Altria Group posted flat second-quarter earnings Tuesday as higher prices helped to offset decline in the number of cigarettes it sold.
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Amid sanctions, France in warship sale to Russia

The Associated Press  |  posted Jul 22nd - 5:20am
French President Francois Hollande is defending plans to deliver a warship to Russia, despite calls for a European arms embargo against Moscow over the fighting in Ukraine.
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California firm issues nationwide fruit recall

The Associated Press  |  posted 16 minutes ago
A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concerns of possible listeria contamination.
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Verizon 2Q profit rises 93 percent

Peter Svensson, Associated Press  |  posted 26 minutes ago
Verizon reported Tuesday that its second-quarter earnings nearly doubled after it secured full ownership of Verizon Wireless.
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US consumer prices up 0.3 percent in June, reflecting biggest jump in gasoline in 12 months

The Associated Press  |  posted 46 minutes ago
US consumer prices up 0.3 percent in June, reflecting biggest jump in gasoline in 12 months.
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Saudi stock market to allow foreign investment

The Associated Press  |  posted Jul 22nd - 6:12am
Saudi Arabia's Cabinet has approved opening the country's stock market to foreign investors next year.
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Credit Suisse in steep loss after US tax case

The Associated Press  |  posted Jul 22nd - 6:01am
Credit Suisse, Switzerland's second-biggest bank, posted a second-quarter net loss of 700 million Swiss francs ($779 million) Tuesday after paying the largest penalty ever imposed in a U.S. criminal tax case.
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Comcast 2Q earnings top views on Internet hookups

The Associated Press  |  posted Jul 22nd - 5:32am
Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
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CIT Group buying OneWest Bank in $3.4B deal

The Associated Press  |  posted Jul 22nd - 5:30am
CIT Group will buy privately owned OneWest Bank in a $3.4 billion cash-and-stock deal.
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Trains collide in South Korea; 1 dead, dozens hurt

Jung-Yoon Choi, Associated Press  |  posted Jul 22nd - 5:20am
Two passenger trains collided head-on in eastern South Korea on Tuesday, killing one passenger and injuring dozens, officials said.
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Military exercises delay flights throughout China

The Associated Press  |  posted Jul 22nd - 4:20am
China's airline regulator has warned travelers to expect flight delays at 12 airports through mid-August, and an airport employee said military exercises are the reason.
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Update on the latest in business:

The Associated Press  |  posted Jul 22nd - 3:40am
WALL STREET
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Clippers CEO and Shelly Sterling to testify

The Associated Press  |  posted Jul 22nd - 3:40am
The interim CEO of the Los Angeles Clippers is set to testify today at the Los Angeles trial to determine whether the sale of the team to former Microsoft CEO Steve Ballmer can go through.
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China meat scandal hits Starbucks, Burger King

Joe McDonald, Associated Press  |  posted Jul 22nd - 3:10am
A suspect meat scandal in China engulfed Starbucks and Burger King on Tuesday and spread to Japan where McDonald's said the Chinese supplier accused of selling expired beef and chicken had provided 20 percent of the meat for its chicken nuggets.
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