(10-30) 13:47 PDT NEW YORK, (AP) — Americans are paying more for gasoline than they did last year as the holidays approached _ billions of dollars that could go to books, clothes and Barbie dolls instead being spent at the pump. Gas averaged…

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Barbie – United States – Gasoline and diesel usage and pricing – Gasoline – Dolls

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Gas prices chugging higher as holidays near

A driving duo set a distance record by going 311 miles on a single charge in a Tesla battery-powered car, reports BW’s Adam Aston

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Tesla Sets Distance Record for Electric Car

NEW YORK (Reuters) – The Dow industrials suffered its worst slide since July on Friday on concerns that the economic recovery won’t be robust enough to sustain the seven-month stock rally, while financials sank on renewed worries about Citigroup’s balance sheet.

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Stocks sink on recovery fears, financials

(10-30) 13:42 PDT WASHINGTON, (AP) — Flat incomes suggest more weakness ahead in consumer spending, reinforcing concerns about a ho-hum holiday shopping season and a sluggish economic recovery. “This recovery is going to be very weak….

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ConsumerSpending – Scrappage program – Government – Associated Press – United States

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Flat incomes, weak consumer spending raise concern

Activist investor Carl Icahn reached an agreement to provide a $1 billion credit line to CIT Group to support the troubled New York lender’s restructuring plan. CIT, which has executive offices in Livingston, can draw on the credit line from…

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Icahn says he will give $1B credit line to CIT

Major indexes tumbled by 2.5% or more on the day before Halloween amid worries about consumer spending and a spike in the dollar

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Fearful Friday for Stocks

NEW YORK (Reuters) – Billionaire investor Carl Icahn, who had been trying to derail CIT Group Inc’s efforts to launch a restructuring plan, said on Friday he was now backing the lender’s pre-packaged bankruptcy, making a filing as soon as this weekend more likely, analysts said.

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CIT, Icahn agreement brings bankruptcy closer

NEW YORK (Reuters) – U.S. stocks slumped on Friday as investors worried the economy’s recovery might not be sustainable and financials sank as an accounting expert projected a $10 billion write-down for Citigroup.

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Stocks hit by financials, outlook concerns

DETROIT (Reuters) – Ford Motor Co is expected to post a narrower quarterly loss with support from the U.S. government “cash for clunkers” program, but the focus will be on the outlook for the U.S. economy and auto industry sales.

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Ford seen narrowing loss, focus on cash burn

NEW YORK (Reuters) – A huge influx of “erroneous” orders prevented the New York Stock Exchange from disseminating quotes shortly after the start of trading on Friday.

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NYSE open disrupted by flood of “erroneous” orders

Seven-time Tour de France champion Lance Armstrong is going into commercial real estate. According to a news release today:

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Lance Armstrong, from cycling to real estate

(10-30) 12:31 PDT Grand Rapids, Mich. (AP) — Wal-Mart, Kroger and Meijer are suspending business with a large southwestern Michigan blueberry grower after investigators found children as young as 6 working in the grower’s fields. The…

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Michigan – Wal-Mart – Kroger – Grand Rapids Michigan – Meijer

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Retailers suspend dealings with Mich. fruit grower

WASHINGTON (Reuters) – The U.S. Federal Reserve on Friday let expire an emergency provision that had permitted banks to provide liquidity to affiliates unable to obtain funding during the crisis, citing normalizing credit markets.

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Fed lets emergency liquidity measure expire

(10-30) 12:23 PDT Charleston, W.Va. (AP) — More than 200 miners who were not rehired after Massey Energy bought a bankrupt West Virginia mine have settled an age discrimination lawsuit against the Richmond, Va.-based coal producer for $8.75…

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Massey settles age discrimination suit for $8.75M

(10-30) 12:23 PDT WASHINGTON (AP) — The Occupational Safety and Health Administration on Friday imposed a record $87 million fine against oil giant BP PLC for failing to correct safety hazards after a 2005 explosion killed 15 workers at its Texas…

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Occupational safety and health – BP – Health – Texas City – Occupational Safety and Health Administration

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OSHA fines BP a record $87M for Texas refinery fix