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Victorious Market Basket workers celebrate return of popular CEO

 August 29, 2014; Updated: 11:42 pm

Tewksbury, Mass. - Hours after reaching an agreement to buy the company, the restored chief of New England's Market Basket supermarket chain celebrated with workers in a rally at headquarters Thursday, saying he loved them and appreciated...

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Business investments give boost to quarter

 August 29, 2014; Updated: 11:42 pm

Washington - The biggest gain in U.S. business investment in over two years helped the world's largest economy expand more than previously forecast in the second quarter, raising expectations for the rest of 2014.Gross domestic...

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Boomer wealth depressed by mortgages poses spending risk

 August 29, 2014; Updated: 11:42 pm

Washington - Mortgage-burning parties in the U.S. may be going the way of home milk deliveries and polyester leisure suits.A growing number of homeowners are reaching retirement age still owing money on their houses. The share of...

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What’s next? Apple roll-outs Sept. 9

 August 29, 2014; Updated: 11:42 pm

Apple will show off its newest products Sept. 9. The iPhone and iPad maker set the date in invitations mailed Thursday to reporters and others who typically come to see the unveiling of Apple's latest twists on technology.These events have...

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Mortgage remain stay at 52-week low

 August 29, 2014; Updated: 11:42 pm

The average 30-year U.S. mortgage rate remained at a 52-week low this week.Mortgage company Freddie Mac says the nationwide average for a 30-year mortgage was 4.10 percent, the same as last week. The average for a 15-year mortgage, a...

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Low unemployment applications show increased hiring continues

 August 29, 2014; Updated: 11:42 pm

Washington - The number of Americans seeking unemployment benefits slipped 1,000 last week to a seasonally adjusted 298,000, a low level that signals employers are cutting few jobs and hiring is likely to remain strong.The Labor...

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Walking the runway

 August 28, 2014; Updated: 11:19 pm

Airport and airline employees walk a runway at Hartsfield-Jackson Atlanta International Airport Wednesday to clear debris as the sun rises. The annual Foreign Object Debris Walk drew about 100 airline and airport employees volunteering to find and...

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Buffett puts $3B wager on Burger King takeover

 August 28, 2014; Updated: 11:16 pm

New York - Billionaire investor Warren Buffett got his entrepreneurial start at age 7, buying six-packs of Coke for a quarter, then hawking the beverages for a nickel apiece on hot summer nights.Now, at age 83, he's still betting on...

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Revised U.S. growth forecast a gloomy 1.5 percent

 August 28, 2014; Updated: 11:16 pm

Washington - The Congressional Budget Office on Wednesday forecast that the U.S. economy will grow by just 1.5 percent in 2014, undermined by a poor performance during the first three months of the year.The new assessment was...

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Alibaba revenues soar as IPO nears

 August 28, 2014; Updated: 11:16 pm

Less than a month before its initial public offering, the Alibaba Group is intent on showing just how profitable - and focused on mobile - it really is.The Chinese e-commerce behemoth disclosed Wednesday that its profit nearly tripled in...

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Disney files for patents for 'blimp-sized' puppets run by drones

 August 28, 2014; Updated: 11:16 pm

Disney's "imagineers" are no strangers to using complex machinery to create spectacles. And patents filings from last week show the company is interested in exploring drones as a way to spice up events at the company's chain of theme parks -...

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Survey: Consumer confidence at 7-year high

 August 27, 2014; Updated: 11:55 pm

Washington - U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains.The Conference Board said Tuesday that its confidence index rose for a fourth straight month to 92.4 from...

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Two airlines will stop listing on Orbitz

 August 27, 2014; Updated: 11:55 pm

American Airlines and US Airways are pulling flight listings from Orbitz after they were unable to reach agreement on a long-term contract.American said Tuesday that it had dropped its fares from the travel website and that US Airways...

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Hewlett-Packard recalls 5 million AC power cords

 August 27, 2014; Updated: 11:55 pm

Hewlett-Packard Co. is recalling about 5.6 million notebook computer AC power cords in this country and another 446,700 in Canada because of possible overheating, which can pose a fire and burn hazard.HP has received 29 reports of power...

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Economists seem divided on Federal Reserve actions

 August 27, 2014; Updated: 11:55 pm

Washington - Economists appear to be of two minds about the Federal Reserve.They agree with the Fed that the job market still isn't healthy. Yet the latest Associated Press survey of economists finds that most fear the Fed will wait...

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Turner Broadcasting offering buyouts

 August 27, 2014; Updated: 11:55 pm

The corporate parent of CNN, TNT and TBS on Tuesday offered voluntary buyouts to 600 veteran employees, part of an overall cost-cutting effort at the Atlanta-based broadcasting company founded by Ted Turner.The offer went out to U.S.-based...

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PlayStation network back after hacking

 August 26, 2014; Updated: 1:51 am

Sony, maker of the world's best-selling video-game console, resumed services at its online game and entertainment networks after a hacking attack knocked them off line.PlayStation Network and Sony Entertainment Network, which enable gamers...

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Burger King eyes doughnut hole in tax code

 August 26, 2014; Updated: 12:13 am

Chicago - Burger King Worldwide Inc., the second-largest U.S. burger chain, is in talks to buy Tim Hortons Inc. and move its headquarters to Canada, becoming the latest American company seeking to relocate to a lower-tax...

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S&P 500 touches 2,000 points as deals continue

 August 26, 2014; Updated: 11:03 pm

Summer doldrums? Not on Wall Street.The stock market notched another first on Monday as the Standard & Poor's 500 index nudged briefly past the 2,000-point mark and closed with its second record high in a week.The move was the...

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Amazon outbids Google for gamer website

 August 26, 2014; Updated: 11:03 pm

San Francisco - Jeff Bezos is ramping up Amazon.com's entertainment ambitions, buying video service Twitch Interactive Inc. for about $1 billion in its biggest acquisition ever.Amazon moved in to buy the online gathering place for...

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R.I. economy returning to pre-recession employment

 August 26, 2014; Updated: 11:03 pm

Providence - The improving national economy is finally spurring job growth and pushing the unemployment rate down in Rhode Island, according to the state's top labor official.Rhode Island is nearing pre-recession employment levels.

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Burger King in talks to buy Tim Hortons

 August 25, 2014; Updated: 8:48 am

Burger King is in talks to buy Tim Hortons in hopes of creating a new, publicly traded company with its headquarters in Canada.

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Some parents opt for baby photo blackout on Facebook

 August 24, 2014; Updated: 5:12 pm

At a time when just about everyone is intent on publicizing the newest generation’s early years on social media sites, an increasing number of parents are bucking the trend by consciously keeping their children’s identities off the Internet.

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Wheelchair scams expose Medicare's weak defenses

 August 24, 2014; Updated: 5:12 pm

Since 1999, Medicare has spent $8.2 billion to procure power wheelchairs and “scooters” for 2.7 million people. Today, the government cannot even guess at how much of that money was paid to scammers.

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Carrier USS Saratoga towed from Newport to be scrapped

 August 22, 2014; Updated: 11:42 pm

Newport, R.I. - The decommissioned aircraft carrier USS Saratoga left its port in Rhode Island on Thursday for its final journey to Texas, where it will be scrapped.The ship departed Naval Station Newport and made its way down...

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