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NEW YORK (AP) — Stocks are opening sharply lower as worries intensify about China's economy and dropping oil prices. China's main stock index plunged again today, triggering the second automatic halt in trading this week. The price of oil sank to its lowest level in 12 years as traders worried that a slump in China, the world's second-largest economy, would mean lower global demand for energy. The Dow industrials lost more than 300 points in early trading. Oil and gas companies again fell more than the rest of the market as energy prices continued to plunge.
WASHINGTON (AP) — Even as the Chinese stock market is collapsing and oil prices are plunging, U.S. employers appear to be secure. The government says fewer people sought unemployment benefits last week, suggesting that the job market is insulated from the turmoil overseas. Applications fell by 10,000 last week. The government tomorrow releases the December unemployment report.
PARIS (AP) — One woman in a northern Paris neighborhood says it's as if the attack on the Charlie Hebdo newspaper a year ago today "isn't over." Her neighborhood was blocked off today after an attacker with a knife rushed up to officers outside a police station and threatened them. He was shot and killed. Police say he was wearing a fake explosives belt. They don't believe anyone else was involved.
LANSING, N.Y. (AP) — A night-long ordeal for 17 miners in Lansing, New York, is over. Officials at the deepest salt mine in the Western Hemisphere say all 17 of the miners have now been safely brought to the surface. They became stuck in an elevator about 900 feet underground last night while being lowered to the floor of the mine to start their shift.
LOS ANGELES (AP) — The last in a series of storms driven by El Nino is bringing scattered showers and isolated thunderstorms to Southern California along with pounding surf and serious winds. Forecasters predict significantly less rain today than has pounded the state all week but warn that flash flooding is still possible into the afternoon.
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