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Putin promises to boost Russian air force

August 12, 2012 • BusinessComments Off

Russian President Vladimir Putin, right, and Commander-in-Chief of the Russian Air Force Viktor Bondarev watch as they attend the Russian air force’s 100th anniversary in Zhukovsky, outside Moscow, Russia, on Saturday, Aug. 11, 2012. (AP Photo/RIA-Novosti, Alexei Nikolsky, Presidential Press Service) MOSCOW (AP) — President Vladimir Putin promised...

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Obama pledges all-out response to drought

August 12, 2012 • BusinessComments Off

In this photo taken July 16, 2012, harvested corn is dumped from a combine, left, into a hopper being towed by a tractor near Altheimer, Ark. The U.S. Agriculture Department Friday, Aug. 10, cut its projected U.S. corn production by 17 percent from its...

Thousands file claims after Chevron refinery fire

August 12, 2012 • BusinessComments Off

Tauleah Cooper, a Richmond resident, holds a stack of receipts for medication that she is hoping to make a claim for as she waits in line with her 6-month old, Anthony Cooper III, and Messiah Howard, 7, her friend’s child, outside the Nevin Community...

Beastie Boys rapper's will bars ad use of his work

August 12, 2012 • Business, EntertainmentComments Off

FILE – In this May 12, 2009 file photo, musician Adam Yauch from the Beastie Boys, attends a special evening to honor artist Ross Bleckner’s appointment as Goodwill Ambassador at the United Nations. Yauch rapped that he wouldn’t “sell...

Hair braider wins lawsuit challenging Utah rules

August 11, 2012 • BusinessComments Off

FILE – In this April 15, 2011 file photo, Jestina Clayton braids the hair of her daughter, Esther Clayton, 5, at her home in Centerville, Utah. Clayton a part-time hair braider has won her federal lawsuit against Utah, claiming the state’s...

US gas prices spike; refinery problems cited

August 11, 2012 • BusinessComments Off

George Matkowski, of Montpelier, reaches into his wallet to pay for gas, Friday, Aug. 10, 2012, in Montpelier, Vt. A rise in the price of crude oil and problems with refineries and pipelines in the West Coast and Midwest have caused prices at the pump to...

Legal claims rolling in after Calif. refinery fire

August 11, 2012 • BusinessComments Off

Area residents line up outside the Injury Attorney offices of R. Nicholas Haney in Richmond, Calif., on Tuesday, Aug. 7, 2012, to pick up a claim form in response to the Chevron refinery fire that impacted the community. Investigators are waiting for access...

Coroner: Death possibly linked to California heat

August 11, 2012 • BusinessComments Off

Marcelino Aldama plays with his son, Raymond, 1, at the Van Nuys Sherman Oaks pool in Sherman Oaks, Calif., Tuesday, Aug. 7, 2012. The Aldama’s came to the pool to escape this week’s heat wave, which is expected to continue in the triple digits...

CEO salvages JC Penney 2Q earnings disaster

August 11, 2012 • BusinessComments Off

FILE – Shoppers walk in a parking lot outside of a JC Penney story in Plano, Texas, in this June 19, 2012 file photo. J.C. Penney Co. is reporting a bigger-than-expected loss and plummeting sales, as its customers continue to be turned off by a new...

Wishy-washy stock market ends slightly higher

August 11, 2012 • BusinessComments Off

FILE — In a July 31, 2012 file photo trader Richard Cohen, left, works on the floor of the New York Stock Exchange. U.S. stocks dawdled between small gains and losses Thursday Aug. 9, 2012. (AP Photo/Richard Drew, file) NEW YORK (AP) — The market had...