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05/09/2008 06:42 PM
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Letter Carriers Fight Hunger on May 10
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WASHINGTON /PRNewswire-USNewswire via COMTEX/ -- The U.S. Postal Service is proud to support the annual National Association of Letter Carriers (NALC) National Food Drive....
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05/09/2008 06:42 PM
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Florida Hispanics Now Lean Toward Democrats
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TAMPA--Florida now has more Hispanic voters registered as Democrats than Republicans.
The difference is small -- less than a percentage point. But it reflects a long-term demographic shift that could benefit Democrats: the increasing dominance of non-Cubans, particularly Puerto Ricans, among Floridians of Hispanic descent....
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05/09/2008 04:36 PM
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Navaira Had Blood Alcohol of 0.19
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HOUSTON (UPI via COMTEX) -- Police say Tejano singer Emilio Navaira had a blood-alcohol content more than twice the legal limit when he crashed his tour bus in Texas several weeks ago.
The San Antonio Express-News said a report made public Thursday by the Bellaire Police Department showed Navaira had a blood-alcohol content of 0.19 at the time of the late March accident....
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05/09/2008 04:36 PM
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Boomers Not Planning Rebate-Check Spree, Survey Says
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Yet another Internet poll testifies to the fact consumers are feeling miserly about their rebate checks.
What makes this survey different is that it exclusively questioned baby boomers -- that 78 million strong human wave of spending power that has pushed retail sales and homeownership up to now....
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05/09/2008 12:02 PM
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Kerkorian Starts Offer to Boost Ford Stake by 20M Shares
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WASHINGTON (AP) -- Billionaire investor Kirk Kerkorian launched his previously announced $170 million cash offer to buy up to 20 million additional shares of Ford Motor Co. on Friday, calling it "an attractive investment."
Kerkorian's investment company Tracinda Corp. said the offer at $8.50 per share runs until June 9, unless it is extended....
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05/09/2008 12:02 PM
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U.S. Trade Deficit Declines 5.6 Percent in March
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WASHINGTON (Xinhua via COMTEX) -- The U.S. trade deficit declined 5.6 percent to $58.2 billion in March, a larger improvement than analysts had been expecting, the Commerce Department reported Friday....
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05/09/2008 12:02 PM
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Citigroup to Sell One-Fifth of Assets
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NEW YORK (dpa) -- Citigroup, hit hard by the massive U.S. credit crisis, is shedding another $400 billion of its assets in an effort to get back in the black, the company said Friday.
The divestment of one-fifth of the assets of the country's largest financial firm is to occur over the coming two to three years, the firm said....
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05/09/2008 10:32 AM
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RealNetworks to Spin Off Casual-Games Biz
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RealNetworks Chairman and Chief Executive Rob Glaser called the casual-games business his company has built "an incredible entrepreneurial success story."
Now, he plans to spin the business off as an independent, public company -- a move that could help it focus on the fast-growing market and add credibility to the region's already strong casual-games industry....
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05/09/2008 10:32 AM
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Craigslist vs eBay: Clash of Cultures
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Before he started living the techno-bohemian good life in San Francisco, Craigslist chief executive Jim Buckmaster tried the low-rent, low-tech version as a medical school dropout in Ann Arbor, Michigan. To save money one winter, he and his housemates shut down the heater and bundled up....
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05/09/2008 10:32 AM
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Employers Eye Possible Change on 'Smoothing' in Pension Law
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A 1,099-page piece of legislation contains about 1,099 details. Changing one of them in a major pension reform bill could make a big difference in employers' quarterly contributions this month, according to business advocates....
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05/09/2008 10:32 AM
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Republican Hispanic Conference to Court Hispanic vote in Orlando
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Florida's Republicans will gather Saturday in Orlando to shore up support among Hispanics as the presidential election nears -- part of a long-term strategy to earn the community's votes for good.
Among the heavy-hitters attending the Republican Hispanic Conference: Luis Fortu�o, the front-runner gubernatorial candidate from Puerto Rico; U.S....
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05/09/2008 10:17 AM
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WiMax Future May Start in Chicago
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CHICAGO (UPI via COMTEX) -- The future of wireless communication may have its start this year in Chicago, industry observers said.
The service known as WiMax can roll television broadcasts, phone service, Internet connections and other data transmissions into one high-speed pipeline....
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05/09/2008 10:17 AM
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Google Execs Hope for Long-Term Ad Deal with Yahoo
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05/09/2008 10:17 AM
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Oil Reaches More Than $126 a Barrel for First Time
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LONDON (Thomson Financial) - The price of New York crude oil struck a record high of $126 on Friday, lifted by speculative demand amid concerns about tight global energy supplies, analysts said.
New York's main oil futures contract, light sweet crude for June delivery, spiked as high as $126.20 in mid-afternoon London trading hours.
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05/09/2008 10:17 AM
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United States 'AAA' Credit Rating Affirmed by Fitch
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BANGALORE (Thomson Financial) -- Fitch Ratings has affirmed the United States of America's long-term foreign and local currency issuer default ratings (IDRs) at 'AAA' with stable outlooks, underpinned by its high standards of living, the flexibility of its goods and factor markets, the strength of its institutional framework, and stable political system....
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