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AP - 1 hour , 44 minutes ago
Home sales far exceeded expectations last month, surging to the highest level in 2 1/2 years as first-time buyers rushed to take advantage of an expiring tax credit.
 
  • Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue to keep a tight rein on spending, according to a new survey.
  • A leading Senate Democrat said Monday his party is determined to push through a health care overhaul bill with or without Republican support because the "system is broken."
  • Charlie Chaplin's last home in Switzerland will be turned into a permanent place of pilgrimage for fans of the actor who immortalized the "Little Tramp," one of his sons said Monday.
  • Dollar decline continues as stocks jump
    AP - 1 hour , 21 minutes ago
    The safe-haven dollar began the week lower as a Federal Reserve official urged the continuation of stimulus programs and as home sales in October greatly exceeded market expectations, revving up traders' taste for higher-yielding assets.
  • Xerox Corp. said Monday that a pension fund has dropped a lawsuit over provisions in the copier company's purchase of Affiliated Computer Services Inc. that would have made it tough for a better buyout offer to succeed.
  • Tyson Foods Inc. said Monday a hefty impairment charge in its beef business left it with a loss for the fourth quarter, but said its sales rose and its chicken business was profitable for the second straight quarter.
  • The federal government and the Allegheny County Health Department have sued Allegheny Ludlum Corp. and a contractor for alleged air pollution violations at a slag dump near Pittsburgh.
  • State officials are helping people who are losing their jobs at the Delaware City Valero plant get information about training for new jobs and other benefits available to them.
  • Campbell Soup earnings rise as expenses fall
    AP - 2 hours , 21 minutes ago
    Campbell Soup Co., the world's largest soup maker, said Monday its first-quarter earnings rose 17 percent as lower costs and more efficient supply chain offset the impact of a decline in soup sales.
  • The fertilizer wars persisted on Monday as Agrium Inc. vowed to continue its pursuit of CF Industries Holdings Inc., while CF resubmitted its buyout offer to Terra Industries Inc., only to be promptly rejected.



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