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Conn. hires group to study potential of ports

December 30, 2011 • BusinessComments Off

FILE – In this April 22, 2011 file photo, fishermen Robert Short, left, and James Swint, both of New Haven, Conn., fish from a pier in the Port of New Haven in front of cargo vessels docked at the port. Officials announced Wednesday, Dec. 28, 2011, the state is spending nearly $500,000 to hire a [&hellip...

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For Iran, cost of closing strait may outweigh gain

December 30, 2011 • BusinessComments Off

In this photo released by China’s Xinhua News Agency, Iranian Navy personnel take part in their naval maneuvers dubbed Velayat 90 on the Sea of Oman, Iran, on Wednesday, Dec. 28, 2011. An Iranian surveillance plane has recorded video and photographed a...

Abortion, immigration changes among new 2012 laws

December 29, 2011 • BusinessComments Off

In this Dec. 12, 2011 photo, Irvis Orozco, 24, a senior studying international relations at the University of California, Davis, poses for a photo on campus in Davis, Calif. A new law that will take effect Jan. 1, 2012, will allow Orozco, who was brought to...

China blames 54 officials for bullet train crash

December 29, 2011 • BusinessComments Off

FILE – In this July 24, 2011 file photo, a wrecked passenger carriage is lifted off the bridge in Wenzhou in east China’s Zhejiang province, after a train crash. A long-awaited government report said on Wednesday Dec. 28, 2011, design flaws and...

Bargain hunters divided shopping season into 2

December 29, 2011 • BusinessComments Off

FILE – In this Dec. 24, 2011 file photo, a last-minute shopper leaves the Toys R Us flagship store in New York’s Times Square. A mall trade group said Wednesday, Dec. 28, 2011, that last minute shoppers gave merchants a solid lift during the final...

Sen. Brown says Frank’s departure hurts fishermen

December 29, 2011 • BusinessComments Off

Sen. Scott Brown, R-Mass., speaks with reporters at Mul’s Diner in Boston, Wednesday, Dec. 28, 2011. (AP Photo/Josh Reynolds) BOSTON (AP) — Republican U.S. Sen. Scott Brown and Democratic U.S. Rep. Barney Frank may disagree on many issues, but Brown...

Stocks slide; S&P 500 turns negative for year

December 29, 2011 • BusinessComments Off

FILE – In this Dec. 20, 2011 file photo, traders John Panin, center, and Robert Charmay, right, work on the floor of the New York Stock Exchange. A pair of successful bond auctions that raised $14 billion for Italy forced down the interest rate the...

3 miners rescued from Tenn. mine after fire

December 29, 2011 • BusinessComments Off

The Young mine is seen in New Market, Tenn., Wednesday, Dec. 28, 2011. A fire broke out inside the zinc mine, trapping three miners inside and injuring two others, authorities said. (AP Photo/Knoxville News Sentinel, J. Miles Cary) NEW MARKET, Tenn. (AP) —...

Bugs may be resistant to genetically modified corn

December 29, 2011 • BusinessComments Off

FILE – In this March 18, 2005, file photo, a developing tassel sits atop a genetically modified corn plant in a greenhouse at Iowa State University in Ames, Iowa. So-called Bt corn, genetically engineered to make its own insecticide, may be losing its...

Obama hits popular snorkeling spot during vacation

December 28, 2011 • BusinessComments Off

President Barack Obama is seen through a vehicle window as his motorcade returns to his holiday vacation rental home in Kailua, Hawaii Tuesday, Dec. 27, 2011. President Obama was returning from a gym workout. (AP Photo/Eric Risberg) HONOLULU (AP) —...