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Europe shaken by fear Spain will need full bailout

July 24, 2012 • BusinessComments Off

Italian Premier Mario Monti meets with Russian Prime Minister Dmitry Medvedev, not pictured, during a meeting in Moscow on Monday, July 23, 2012.(AP Photo/RIA Novosti, Alexander Astafyev, Government Press Service) FRANKFURT, Germany (AP) — Europe is on the brink again. The region’s debt crisis flared on Monday as fears intensified that Spain would...

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Fighting AIDS: US donates an extra $150 million

July 24, 2012 • BusinessComments Off

Bill Gates speaks at the XIX International Aids Conference, Monday, July 23, 2012, in Washington. (AP Photo/Carolyn Kaster) WASHINGTON (AP) — Science now has the tools to slash the spread of HIV even without a vaccine — and the U.S. is donating an extra...

Soft game sales weigh on Hasbro's 2Q earnings

July 24, 2012 • BusinessComments Off

FILE – This April 13, 2011 file photo, shows a MONOPOLY Property Trading Game, in Portland, Ore. Toy maker Hasbro Inc. said Monday, July 23, 2012 its second-quarter net income dropped 25 percent on weak sales in most categories as revenue in major...

Oil giant CNOOC to buy Canada's Nexen for $15.1B

July 24, 2012 • BusinessComments Off

In this April 25, 2012 photo, Nexen chief executive Kevin Reinhart addresses the company’s annual meeting in Calgary, Alberta. Oil and gas producer Nexen Inc. has agreed to be acquired by China National Offshore Oil Company for US$15.1 billion cash. (AP...

In CA city, mixed picture of life after bankruptcy

July 23, 2012 • BusinessComments Off

In this photo taken Thursday, July 19, 2012, the former Mare Island Naval Shipyard is seen in the background across from the Vallejo water front in Vallejo, Calif. After the 1996 closure of the naval yard and the burst of the housing bubble, Vallejo declared...

U-Michigan wins 4th straight solar car competition

July 23, 2012 • BusinessComments Off

In this Saturday, July 21, 2012 photo provided by the University of Michigan, supporters of the University of Michigan’s entry in the 2012 American Solar Challenge cheer as the solar vehicle, the Quantum, comes in to win the eight-day event in St. Paul,...

Amherst College paid interns help nonprofits

July 23, 2012 • BusinessComments Off

In this Tuesday, June 19, 2012 photo, Maria Darrow, of Falmouth, Maine, who will start her sophomore year at Amherst College in the fall, puts on a headband after planting strawberries as part of her paid internship at a community farm in Amherst, Mass. The...

US poverty on track to rise to highest since 1960s

July 23, 2012 • BusinessComments Off

This July 16, 2012, photo shows new parents Garrett Goudeseune, 25, Laura Fritz, 27, left, with their daughter Adalade Goudeseune, as they pose for a photo at the Jefferson Action Center, an assistance center in the Denver suburb of Lakewood. Both Fritz and...

Skeptical ranchers mark salmon project's 20th year

July 23, 2012 • BusinessComments Off

In this photo from 2009 provided by the Upper Salmon Basin Watershed Program, ranchers and land managers, from left, Quinton Snook, Jan Brady, Hans Koenig, and Mike Edmondson stand near an aging culvert crossing Carmen Creek, a tributary of the Lemhi River,...

Santa Monica trailer park community threatened

July 23, 2012 • BusinessComments Off

79-year-old Jack Waddington rests near the pool at the Santa Monica Village Trailer Park in Santa Monica, Calif., Tuesday, July 10, 2012. The city’s Planning Commission recently recommended the 3.8-acre park’s zoning be changed to allow a...