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Tax holiday

 August 2, 2014; Updated: 12:20 am

Shoppers examine laptop computers at Best Buy in Augusta, Ga., Friday, the first day of a tax holiday in which state and local sales taxes in most counties will be waived for two days.

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Big discounts drive up national auto sales in July

 August 2, 2014; Updated: 11:55 pm

Detroit - Big discounts helped keep U.S. auto sales sizzling in July.General Motors, Ford, Nissan and Chrysler all reported big gains as the major automakers reported July sales Friday.Industry sales were expected to rise 5...

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HP to pay $32.5M in postal dispute

 August 2, 2014; Updated: 12:33 am

Hewlett-Packard Co. has agreed to pay $32.5 million to settle allegations it overcharged the U.S. Postal Service for products over more than eight years. In the dispute, the United States alleged that HP misrepresented its pricing during...

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Colorado edible pot may get new labels

 August 2, 2014; Updated: 12:32 am

Marijuana can go in more than brownies and cookies. And the variety of foods that can be infused with the drug is complicating matters for Colorado regulators who want to make sure pot-infused edibles and drinks won't be confused with...

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P&G plans to sell off 100 brands

 August 2, 2014; Updated: 11:55 pm

World's largest maker of consumer productsto refocus sales effortsProcter & Gamble, the world's largest manufacturer of consumer products, has decided to cut up to 100 brands from...

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Job market shows gains, but pace of growth eases

 August 2, 2014; Updated: 11:55 pm

The economy continued to advance at a sturdy pace in July, creating 209,000 jobs and adding to a string of positive economic news in recent weeks that suggested it was gaining strength after years of lackluster growth following the...

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Stocks dive 2 percent, wiping out July's gains

 August 1, 2014; Updated: 11:55 pm

New York - For investors, there were few havens on Thursday.The stock market had its worst one-day drop since February, driven down by a confluence of worries, from weak company earnings to the looming end of stimulus from...

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SEAWORLD, SOUTHWEST ENDING PARTNERSHIP

 August 1, 2014; Updated: 11:55 pm

Southwest Airlines and SeaWorld Entertainment are ending their 25-year-old marketing partnership, officials with both companies said Thursday, as the airline has been urged by animal rights activists to terminate the relationship. As part...

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TESLA, PANASONIC TEAM FOR BATTERY FACTORY

 August 1, 2014; Updated: 11:55 pm

Tesla Motors will partner with Panasonic Corp. to create the $5 billion "gigafactory" battery plant that the company has said will bring down the cost of its popular but expensive electric cars. Panasonic could invest as much as $1 billion in the...

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Pump prices drop sharply in July

 August 1, 2014; Updated: 11:55 pm

New York - Retail gasoline prices are poised to cap the biggest July decline in six years as U.S. refineries process the most oil on record, AAA says.The cheapest gasoline Thursday was in South Carolina, where drivers paid an...

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TWITTER: GOVT. REQUESTS INCREASING

 August 1, 2014; Updated: 11:55 pm

Twitter said government requests for user data grew sharply in the past six months as more countries asked for a greater amount of information about users.More than half of the requests came from the United States, as has been the case...

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VITAMINWATER CRIES UNCLE, SWITCHES BACK

 August 1, 2014; Updated: 11:55 pm

Coca-Cola is reversing course after fans of Vitaminwater complained about the drink's new sweetener.The company promised Thursday the drink would go back to its previous taste after fans flooded Vitaminwater's Facebook page with negative...

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GOP blocks tax hikes on firms moving out of country

 July 31, 2014; Updated: 12:10 am

Republican senators blocked an election-year bill Wednesday to limit tax breaks for U.S. companies that move operations overseas.

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Weak corporate earning reports sink U.S. stocks

 July 31, 2014; Updated: 12:34 pm

U.S. stocks are sharply lower following weak corporate earnings. Exxon Mobil and Whole Foods slumped.

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Judge slaps $1.3B fine on Bank of America

 July 31, 2014; Updated: 12:34 am

New York - A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie Mac that were advertised as safe investments.The fine was against...

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AstraZeneca to pay up to $2.1B for respiratory drugs

 July 31, 2014; Updated: 12:34 am

London - AstraZeneca of Britain said Wednesday that it had agreed to pay up to $2.1 billion for a slate of respiratory drugs from the Spanish drugmaker Almirall.The company, which fended off a takeover push from Pfizer in May, said...

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The Fed stays mum on timing of rate increase

 July 31, 2014; Updated: 12:10 am

The Federal Reserve is further slowing the pace of its bond purchases because it thinks an improving U.S. economy needs less help. But it's offering no clearer hint of when it will start raising its key short-term interest rate.

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FED'S VIEWS THEN AND NOW

 July 31, 2014; Updated: 12:08 am

A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its meeting June 17-18:JOB MARKET:Now: The Fed sees a better job market, but has added new qualifications: "Labor market...

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CHURCHILL DOWNS- SARATOGA DEAL CLOSE

 July 31, 2014; Updated: 12:08 am

Churchill Downs Inc. is finalizing a deal with the operators of the Saratoga Casino and Raceway to manage the upstate New York gambling facility and another in Colorado, the companies announced Wednesday. Churchill Downs and Saratoga Harness...

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Economy grew at strong 4% rate in spring

 July 31, 2014; Updated: 12:08 am

Washington - After a dismal winter, the U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending, the Commerce Department reported...

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Jimmy Dean moves beyond breakfast

 July 30, 2014; Updated: 12:08 am

Jimmy Dean is coming to dinner - and lunch, too. The sausage brand started by the late country singer of the same name is hoping its new bowls and sandwiches can lure eaters at other meals.Jimmy Dean, owned by Hillshire Brands, is rolling...

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Crayola to open Orlando attraction

 July 30, 2014; Updated: 12:08 am

Crayon manufacturer Crayola is building a family attraction in Florida, similar to one it operates in Pennsylvania, and more could be on the way. The company said Tuesday that Crayola Experience Orlando will open next summer at The Florida...

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U.S. consumer confidence jumps to 90.9 in July

 July 30, 2014; Updated: 12:08 am

Washington - U.S. consumers are more confident about the economy than they have been in nearly seven years.The Conference Board said Tuesday that its confidence index rose to 90.9 in July from an upwardly revised 86.4 in June. The...

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Suzuki recalls 26,000 cars for fire risk

 July 30, 2014; Updated: 12:08 am

Suzuki is recalling nearly 26,000 midsize cars in the U.S. because the running light modules can overheat and cause a fire. The recall covers the Verona from the 2004-06 model years. It's an expansion of an earlier Forenza and Reno...

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Smith & Wesson paying $2M to settle SEC charges

 July 29, 2014; Updated: 12:08 am

Smith & Wesson has agreed to pay $2 million to settle civil charges of bribing government officials in Pakistan, Indonesia and other countries to win military and police business.The Securities and Exchange Commission announced the...

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