Containerized cargo movement at the Port of Long Beach declined 28.7 percent in June compared to the same month in 2008. The port says imported cargo was down 28.4 percent from the prior year and exports declined 28.8 percent. There was also a 29.2 percent…

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Port of Long Beach container trade down in June

Vacationers shopping for a cruise might soon have more things to consider than prices and itineraries. They may be able to compare the number of passengers allegedly raped, robbed or lost at sea under a bill approved Thursday for a vote by the U.S. House of…

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Cruise line – cruise – United States House of Representatives – Travel – Recreation

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Bill would tighten crime reporting for cruises

NEW YORK (Reuters) – Stocks rose on Thursday as solid corporate profit reports and a drop in the number of Americans on jobless benefits gave investors reasons to buy equities following the S&P 500′s two days of losses.

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Wall St. climbs on earnings, but Disney off late

House Democrats push ahead with compromise health overhaul over liberals’ complaints WASHINGTON (AP) _ House Democrats pushed ahead with a compromise health overhaul Thursday over liberals’ complaints, intent on achieving tangible _ if modest _ success on…

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Nicolas Sarkozy – France – Hospital – Associated Press – President of France

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AP News in Brief at 5:58 p.m. EDT

Monster Worldwide Inc. sunk to a second-quarter loss as the online help-wanted service’s revenue plunged 37 percent against a backdrop of rising unemployment. The New York-based company said Thursday that it lost $1.4 million, or a penny per share, in the…

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Monster Worldwide – New York City – United States – Unemployment – Company

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Monster Worldwide suffers 2Q loss as sales plummet

Pharmaceuticals company Sanofi-Aventis SA said Thursday it has agreed to pay $4 billion in cash to U.S. drugmaker Merck & Co. Inc. for its share in the two companies’ animal health joint venture Merial. Merck said earlier this year it would sell its 50…

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Merck & Co – Sanofi-Aventi – Merck – Business – Joint venture

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Sanofi-Aventis pays Merck $4B for share in Merial

Two influential House lawmakers on Thursday announced an agreement on guidelines for legislation to impose broad new oversight on the financial instruments blamed for hastening the global economic crisis. They said the House could vote in September on a bill…

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Financial instrument – House – Derivative – Global financial crisis of 2008–2009 – Business

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Lawmakers say have accord on derivatives oversight

LOS ANGELES (Reuters) – Walt Disney Co posted a 26 percent plunge in quarterly earnings as sales fell sharply at its media networks and theme parks, sending its shares nearly 3 percent lower.

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Disney misses revenue estimates, shares slip

BY DYLAN T. LOVAN
The Associated Press

CENTERTOWN, Ky. — A five-minute drive from this community’s lone gas station leads to a gateway to untapped riches: A bed of coal twice the size of Lake Michigan.

Earth-movers are peeling back layers of…

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St. Louis company brings coal mining jobs back to Illinois Basin

ASSOCIATED PRESS

RENTON, Wash. — Boeing Co. and the Navy have rolled out the P-8A Poseidon, the service’s new patrol plane.

Washington Gov. Chris Gregoire joined Navy officials and several hundred Boeing workers and executives for the ceremony Thursday at Boeing’s Renton…

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Boeing unveils new Navy patrol jet

Federal agencies are directing nearly $60 million in grants to help central California communities, farms and dairies suffering from ongoing water shortages. The money announced Thursday includes $40 million from the federal stimulus package for drought-…

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Fed grant funds to ease Calif. water shortages

Power company CMS Energy on Thursday reaffirmed its adjusted profit outlook for 2009 of $1.25 per share. The outlook is 2 cents below estimates of analysts surveyed by Thomson Reuters. The company reported that its second-quarter profit rose 68 percent as…

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CMS Energy reaffirms 2009 outlook

Arris Group Inc., a communications equipment company, on Thursday reported higher second-quarter earnings, helped by sales of more profitable products. Net income jumped to $22.9 million, or 18 cents per share, compared with $7.8 million, or 6 cents per…

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Arris Group posts 2Q profit on product sales

Las Vegas Sands Corp. is reporting it lost $175.9 million in the second quarter, compared with a loss of $8.8 million a year earlier. The company, controlled by billionaire CEO Sheldon Adelson, said the loss included the costs of settling a legal matter and…

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Las Vegas Sands loss widens in 2nd qtr

President Barack Obama said he expects Friday’s report on the nation’s gross domestic product to show the economy contracted during the second quarter of the year but that the United States has, in his words, “stepped away from the precipice.” Obama told…

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United States – Barack Obama – Economy of the United States – Gross domestic product – Politics

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Obama: Economic report to show 2nd qtr contraction