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Congress OKs bill averting government shutdown

November 18, 2011 • BusinessComments Off

House Minority Leader Nancy Pelosi of Calif. gestures during her weekly news conference on Capitol Hill in Washington, Thursday, Nov. 17, 2011. (AP Photo/Harry Hamburg) WASHINGTON (AP) — A weekend government shutdown that neither party wanted was averted when Congress approved a compromise spending bill Thursday, as leaders overcame major defections by...

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Police begin making arrests at LA B of A tower

November 18, 2011 • BusinessComments Off

Police officers arrests a protester during a rally in Los Angeles, Thursday, Nov. 17, 2011. Occupy Wall Street demonstrators held modestly sized, but energetic rallies around the country Thursday to celebrate two months since the movementís birth and signal...

Online reviews site Yelp to go public

November 18, 2011 • BusinessComments Off

FILE – In this file photo taken Oct. 26, 2011, Yelp CEO and co-founder Jeremy Stoppelman is shown at the new Manhattan offices of the online reviews website in New York. Yelp is hoping investors give it a five-star rating, as the popular online review...

Music museum key to Atlantic City Hard Rock casino

November 17, 2011 • BusinessComments Off

James Allen, CEO of Hard Rock International, speaks to reporters about his company’s plan for a new “boutique” casino-hotel in Atlantic City N.J. that would also include a museum on the history of music, Wednesday, Nov. 16, 2011. The New...

Gas line explodes in Ohio, destroys 3 homes, barn

November 17, 2011 • BusinessComments Off

Flames shoot into the air following a gasline explosion near the Athens-Morgan County line in Southeastern Ohio on Wednesday, Nov. 16, 2011. Authorities say the fire from the natural gas line rupture and explosion is under control. Houston-based Tennessee Gas...

Higher costs, Europe weigh on Abercrombie results

November 17, 2011 • BusinessComments Off

In this Nov. 14, 2011 photo, Abercrombie & Fitch clothing is displayed at a store in Phoenix. Abercrombie & Fitch said Wednesday, Nov. 16, 2011, its third-quarter net income edged up nearly 2 percent as higher costs for commodities such as cotton...

Deal would settle OHA crown land revenue claim

November 17, 2011 • BusinessComments Off

Office of Hawaiian Affairs Chairwoman Collette Machado, left, speaks at a news conference with OHA attorney Bill Meheula, center, and Hawaii Gov. Neil Abercrombie, right, in Honolulu on Wednesday, Nov. 16, 2011. The state and OHA have agreed in principle to a...

Group wants changes to state tax credit law

November 17, 2011 • BusinessComments Off

Ron Holmstrom, left, Screen Actors Guild representative for Alaska, is shown during a news conference Wednesday, Nov. 16, 2011, in Anchorage, Alaska. He is a member of the Alaska Film Alliance, a group that formed to seek changes in the state’s film...

Detroit mayor: Concessions vital to avoid takeover

November 17, 2011 • BusinessComments Off

Detroit Mayor Dave Bing speaks during a news conference, Wednesday, Nov. 16, 2011 in Detroit. Detroit Mayor Dave Bing on Wednesday urged municipal unions to accept wage cuts and Michigan leaders to pay the city millions stemming from a decade-old tax...

Google opens music store to US, challenge to Apple

November 17, 2011 • BusinessComments Off

Senior product manager Michael Siliski introduces Google’s digital music store in Los Angeles, Wednesday, Nov. 16, 2011. For the first time, Google Inc. will sell songs on the Android Market, its online store for apps, movies and books. Some songs are...