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  • US reaches pollution agreement at BP Indiana plant

    WHITING, Ind. (AP) -- BP Products North America Inc. has agreed to install $400 million in new air pollution controls at its northwestern Indiana oil refinery and pay an $8 million fine under a deal announced Wednesday with the government and environmental groups....

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  • New Zealand says 'zero' budget will bring surplus

    WELLINGTON, New Zealand (AP) -- New Zealand's government promises to tackle rising debt and return the country's books to the black in two years....

  • Between Facebook and JPMorgan, Wall St. woes mount

    NEW YORK (AP) -- Almost four years after the financial crisis, Wall Street still can't get it right....

  • Justices' stocks at issue in Boeing-ICO appeal

    LOS ANGELES (AP) -- An appeal filed in the California Supreme Court contends that two state appellate court justices owned stock in Boeing Co. while they were involved in deciding whether to reverse a multimillion-dollar award against the firm....

  • HP to cut 27,000 jobs to save up to $3.5B annually

    SAN FRANCISCO (AP) -- Hewlett-Packard plans to jettison 27,000 workers as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company to sell personal computers....

  • Feds add 2012 model year to Chevy Cruze fire probe

    DETROIT (AP) -- U.S. safety officials have added the 2012 model year to an investigation of engine fires in the Chevrolet Cruze....

  • Commercial space race gets crowded behind SpaceX

    WASHINGTON (AP) -- A privately built space capsule that's zipping its way to the International Space Station has also launched something else: A new for-profit space race....

  • Stewart becomes non-executive chairman of company

    NEW YORK (AP) -- Martha Stewart is now the non-executive chairman of the lifestyle, media and merchandising company that she created....

  • Syria says sanctions have cost country $4 billion

    DAMASCUS, Syria (AP) -- Syria's oil minister blamed international sanctions Wednesday for shortages of cooking gas and other basic goods, saying the measures have bled $4 billion from the nation's ailing economy....

  • Senate panel to launch review of Facebook IPO

    WASHINGTON (AP) -- A Senate panel is reviewing Facebook's high-profile stock offering last week amid allegations that the bank handling the IPO may have provided select clients with a negative assessment of the company....

  • Rio issues land titles to slum residents

    RIO DE JANEIRO (AP) -- The home Jose Nazare Braga built in the Rocinha shantytown is his life's work, an investment that grew from a shack to a three-story building over 30 years. A restaurant and a paper-goods store on the ground floor provide income, and his children, grandchildren and great-g...

  • Mogadishu's Bakara market clean-up upsets some

    MOGADISHU, Somalia (AP) -- Like many other residents of Mogadishu, Ali Osman, who sells wares at the Bakara market, had longed for an end to lawlessness and violence that plagued the capital for two decades....

  • Japanese video game author wins Spanish prize

    MADRID (AP) -- Japan's Shigeru Miyamoto, considered the father of the modern video game, has been awarded Spain's Prince of Asturias Award for Communication and Humanities....

  • Europe's leaders seek ways to boost growth

    PARIS (AP) -- The leaders of the 27 countries that make up the European Union are to meet in Brussels on Wednesday to try and find a way to keep the debt crisis in Europe from spiraling out of control and promote jobs and growth....

  • Germany beefs up monitoring of nuclear shutdown

    BERLIN (AP) -- The German government has moved to oversee more closely the country's move from nuclear power to renewable energy - a mammoth 10-year project for Europe's biggest economy....

  • Indian police investigate $158M Reebok fraud

    MUMBAI, India (AP) -- Germany's Adidas Group said Wednesday that Indian police are investigating two former executives from its Reebok India unit for an alleged fraud that could cost the company tens of millions of dollars....

  • Germany borrows at rock-bottom costs

    FRANKFURT, Germany (AP) -- Germany borrowed at almost no cost Wednesday when it sold (EURO)5 billion in two-year treasury notes at a rock-bottom interest rate....

  • Outerwear powers Burberry annual profit gain

    LONDON (AP) -- Luxury goods maker Burberry Group PLC said Wednesday that sales of its signature trench coats and other outdoor wear led a 26 percent gain in full-year profit....

  • Mazda, Fiat to work together on small convertible

    TOKYO (AP) -- Mazda Motor Corp. and Fiat SpA are working together on developing and manufacturing a roadster, or two-seater convertible, although the automakers will come up with different, distinctly styled models....

  • Small dairies go under as milk prices sink again

    PLAINFIELD, Vt. (AP) -- The MacLaren brothers are third-generation dairy farmers, but they will likely be the last in their family....

  • Romney oil adviser also a big super PAC donor

    WASHINGTON (AP) -- Oklahoma oil billionaire Harold Hamm didn't wait long to make a nearly $1 million donation to a group supporting Republican presidential candidate Mitt Romney after he became one of Romney's top energy advisers in March. Just weeks after Hamm joined the Romney campaign, he gav...

  • EU appeals to China to join global emissions talks

    BEIJING (AP) -- A European envoy held out a possible compromise in a fight with China over carbon emissions charges on airlines, saying Wednesday that Europe might alter its system if Beijing helps negotiate global regulations....

  • TransUnion: Late auto-loan payments down in 1Q

    LOS ANGELES (AP) -- The rate of late payments for auto loans fell nationally in the first three months of the year to the lowest level in more than a decade, even as lenders financed more vehicle purchases for high-risk borrowers....

  • Regulators probe bank's role in Facebook IPO

    WASHINGTON (AP) -- Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading....

  • World Bank says Europe, US might hurt Asian growth

    BEIJING (AP) -- East Asia's developing economies could face a shock from China's slowdown and need to boost domestic demand to offset weak exports due to a sluggish U.S. recovery and Europe's debt crisis, the World Bank said Wednesday....

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