WILMINGTON, Delaware (Reuters) – A group of noteholders of bankrupt regional theme park operator Six Flags Inc said on Sunday it submitted an alternative reorganization plan that transfers most of the equity to them.

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Six Flags bondholders submit alternative plan

Union Pacific’s efforts to reduce air pollution around the busy California ports of Long Beach and Los Angeles have been recognized. The Harbor Association of Industry and Commerce of Southern California recently gave the Omaha-based railroad its “Salute to…

Los Angeles – Southern California – Long Beach California – United States – California

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Union Pacific wins award for cutting air pollution

Students aren’t the only ones benefiting from the billions of new dollars Washington is spending on college aid for the poor. An Associated Press analysis shows surging proportions of both low-income students and the recently boosted government money that…

Washington DC – Government – Education – Associated Press – Colleges and Universities

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AP Impact: For-profit colleges haul in gov’t aid

Unable to rely on China’s broken health care system, the Ji family was desperate. Doctors had taken 15-year-old Ji Xiaoyan off a ventilator and discharged her because her family could no longer pay her hospital bills. So an uncle cobbled together a makeshift…

Hospital – Health care – Health – China – Medicine

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China tries to fix crumbling health care system

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‘Black Friday’ Sales Rise 0.5%

For the past decade, scallopers have supplied the struggling fishing industry with something almost as rare as leftovers of the fried, grilled or bacon-wrapped delicacy: good news. For nine straight years, the booming scallop catch has made New Bedford,…

New Bedford Massachusetts – Fishing industry – Scallop – New Bedford – Business

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Northeast scallopers decry cuts as stocks boom

NEW YORK (Reuters) – Dubai, jobs data, Black Friday results and a chance for Congress to throw fireballs at Fed chief Ben Bernanke: The U.S. stock market’s path to glory is fraught with peril this week.

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Stocks face Dubai, jobs and Ben’s Act II

An Ohio bank is stepping up pressure on the financially strapped All-American Soap Box Derby to repay a loan. FirstMerit Bank says it wants the organization to repay a $580,000 loan. The move comes as the Akron-based derby has gone two years without a…

Ohio – Soap Box Derby – Akron Ohio – Business – Financial Services

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Bank wants struggling soap box derby to repay loan

California has received $60 million from the federal stimulus package to upgrade its 23-year-old unemployment benefits system even though previous federal funding to improve the same system has not been fully spent. The state handles about 13 percent of the…

California – Unemployment – Unemployment benefits – Administration of federal assistance in the United States – United States

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Stimulus grant for Calif jobless system questioned

European Commission President Jose Manuel Barroso is urging China and other countries to make more ambitious commitments on curbing heat-trapping greenhouse gas emissions. Barroso welcomed fresh emission pledges by China and plans by both Chinese Premier Wen…

European Union РEuropean Commission РClimate change РEuropean Commission President РJos̩ Manuel Barroso

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EU: Nations must do more for climate change pact

DUBAI (Reuters) – The United Arab Emirates’ central bank set up an emergency facility on Sunday to support bank liquidity in the first policy response to Dubai’s debt woes that threatened to paralyze lending and derail economic recovery.

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UAE cbank sets up emergency facility for banks

The United Arab Emirates’ central bank is saying it “stands behind” local and foreign banks operating in the country, offering them access to money in a sign the Gulf Arab nation’s federal government is racing to curtail investor fears over Dubai’s crushing…

Dubai – List of tallest buildings and structures in the world – United Arab Emirates – Middle East – Business and Economy

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UAE to back banks amid Dubai meltdown

DUBAI (Reuters) – UAE markets will face intense selling pressure when they reopen on Monday in the first post-holiday trading after Dubai shocked global markets last week by seeking a debt standstill for two flagship firms.

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UAE markets seen “limit down” on Monday open

Hawaii, California and Las Vegas are among American tourist destinations vying fiercely for a vast and largely untapped new market segment. Yes, to be a Chinese tourist these days is to be a widely-sought traveler. Hawaii has beaches and its famed “aloha…

Hawaii – United States – California – Tourism – Las Vegas Nevada

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Hawaii among several destinations luring Chinese

LONDON (Reuters) – Banks who lent over $30 billion to Dubai World, the debt-laden state investment group, plan to appoint auditors KPMG to represent them in talks over recovering their money, the Independent on Sunday newspaper reported.

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KPMG to represent Dubai’s creditor banks: report