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Mississippi River drops, threatening barge traffic

December 27, 2012 • BusinessComments (0)

FILE – In this Nov. 16, 2012 file photo, a barge powers its way up the Mississippi River in St. Louis. According to Coast Guard officials Thursday, Dec. 27, 2012, the Mississippi River level is dropping again and could get so low as early as next week that some barge operators will stop operating. But [&hellip...

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US consumers lose confidence as fiscal cliff nears

December 27, 2012 • BusinessComments (0)

In this Wednesday, Dec. 12, 2012, photo, a couple descend an escalator while shopping at an H& M store, in Atlanta. U.S. consumer confidence tumbled in December, driven lower by fears of sharp tax increases and government spending cuts set to take effect...

AP IMPACT: Ordinary folks losing faith in stocks

December 27, 2012 • BusinessComments (0)

In this Sept. 12, 2012, photo, Andrew Neitlich poses in front of one his investment homes in Venice, Fla. Neitlich once worked as a financial analyst picking stocks for a mutual fund. During the dot-com crash 12 years ago, Neitlich didn’t sell his...

Fla. man pleads guilty in NY in dinosaur dispute

December 27, 2012 • BusinessComments (0)

FILE – This photo released by the U.S. Attorney’s office shows the fossil of a Tyrannosaurus bataar dinosaur at the center of a lawsuit demanding its return to Mongolia. Florida resident Eric Prokopi has pleaded guilty, Thursday, Dec. 27, 2012, at...

Time runs short to avert longshoremen’s strike

December 27, 2012 • BusinessComments (0)

FILE – In this Dec. 18, 2012 file photo, a truck driver watches as a freight container, right, is lowered onto a tractor trailer by a container crane at the Port of Boston in Boston. The crane and a reach stacker, left, are operated by longshoremen at...

World’s longest fast train line opens in China

December 27, 2012 • BusinessComments (0)

In this photo released by China’s Xinhua news agency, a high-speed train G90 leaves for Beijing from the Zhengzhou East Railway Station in Zhengzhou, capital of central China’s Henan Province, Wednesday, Dec. 26, 2012. China has opened the...

US Treasury to take steps to avoid borrowing limit

December 27, 2012 • BusinessComments (0)

FILE – In this Thursday, July 26, 2012, file photo,Treasury Secretary Timothy Geithner testifies on Capitol Hill in Washington, before the Senate Banking Committee hearing: “The Financial Stability Oversight Council Annual Report to...

New laws address gays, children, immigration

December 27, 2012 • BusinessComments (0)

FILE – In this March 1, 2012 file photo, Rep. Anne Kaiser, D-Montgomery, an openly gay member of the Maryland General Assembly, holds Natalie Vincent, 10 months, the daughter of a member of Maryland Gov. Martin O’Malley’s staff, after...

Retailers pull stocks lower on poor holiday sales

December 27, 2012 • BusinessComments (0)

Floor traders check their handheld computers at the New York Stock Exchange in New York, Wednesday, Dec. 26, 2012. (AP Photo/Kathy Willens) NEW YORK (AP) — For the stock market, this week hasn’t been the most wonderful time of the year. U.S. stocks...

Berkshire Hathaway sells 2 short-line railroads

December 27, 2012 • BusinessComments (0)

FILE – In this Saturday, May 1, 2010, file photo, Berkshire Hathaway Chairman and CEO Warren Buffett surveys a model railroad prior to participating in the annual shareholders meeting, in Omaha, Neb. Warren Buffett’s company announced Wednesday,...

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