Communications equipment company JDS Uniphase Corp. said Wednesday its fiscal third-quarter loss widened and it predicted weaker-than-expected sales in the current fourth quarter. The company posted a loss of $85.2 million, or 40 cents per share, for the…

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JDS Uniphase posts wider fiscal 3Q loss

The Obama administration, in a major environmental policy shift, is preparing to ask 195 nations that ratified the U.N. ozone treaty to enact mandatory reductions in hydrofluorocarbons, according to U.S. officials and documents obtained by The Associated…

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AP NewsBreak: US wants to move on climate change

The Detroit Media Partnership and Detroit Free Press have announced their new top executives. Susie Ellwood will become chief executive of the Detroit Media Partnership, which oversees the business operations of the Detroit Free Press and The Detroit News….

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Detroit Free Press, news partnership get top execs

A growing army of needy people and volunteers are descending on farms, fields and backyards across the nation in search of leftover produce that might otherwise go to waste. The tradition known as gleaning has gone on for centuries, but pickers and organizers…

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Gleaning bears fruit for food banks, poor families

Constellation Energy Group’s top executive, Mayo Shattuck III, received total compensation valued at $5.7 million in 2008, according to Associated Press calculations of data filed with regulators Wednesday. The pay package represents a nearly 56 percent drop…

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Constellation Energy CEO gets $5.7M 2008 package

NEW YORK (Reuters) – U.S. stocks climbed on Wednesday after grim growth data offered hints of future expansion, a prospect reinforced by the Federal Reserve’s hopeful comments.

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Wall St jumps after data, Fed hint recession easing

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Dendreon’s Strange Stock Trade

Visa Inc.’s fiscal second-quarter profit rose nearly 71 percent, beating Wall Street expectations, as cost cuts helped offset tighter consumer spending habits. The world’s largest electronic payment network on Wednesday reported net income of $536 million, or…

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Visa profit up 71 pct, beating Street forecast

First Solar Inc., the nation’s largest solar panel maker, says its profit more than tripled in the first quarter despite tightened bank lending that has made it tough to fill orders. The Tempe, Ariz.-based company reported Wednesday it earned $164.6 million,…

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First Solar 1Q profit triples

The Fed confirmed what Wall Street has already concluded: The recession is starting to ease. Federal Reserve policymakers said at the end of a two-day meeting that while the economy is still receding, the pace of decline “appears to be somewhat slower” than…

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Stocks end higher as Fed sees recession easing

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Stocks Finish Higher after Fed Decision

The former chief executive of Amphenol Corp., which makes electronic and fiber optic connectors and cables, received compensation valued at $2.2 million in 2008, a 65 percent decline from a year earlier, according to an Associated Press analysis of figures…

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Former Amphenol CEO got 2008 pay valued at $2.2M

Itching to use “The Original Off-Road Commode,” a toilet seat that attaches to the back of your vehicle? Stop driving first, warns the product’s makers, taking first place in an annual contest recognizing silly warning labels. The “Wacky Warning Labels”…

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Wacky warning winner: Stop car when nature calls

Time Warner Inc. said Wednesday that its first-quarter profit fell 14 percent on charges related to its cable unit spin-off amid an ad slump. The company also moved further toward shedding the beleaguered Internet unit AOL, while suggesting that its Time Inc….

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Time Warner 1Q profit falls on cable spin

Gold and other commodities rebounded Wednesday as concerns about the spread of swine flu diminished and hopes for an economic recovery grew. A retrenchment in the U.S. dollar also aided gold prices. Investors often buy up gold when the dollar falls. Gold is…

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Gold prices rebound as dollar falls, stocks soar