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NJ franchisee: We'll fix any fake-liquor problems

NJ franchisee: We'll fix any fake-liquor problems
By REMA RAHMANAssociated Press TRENTON, N.J. (AP) - A New Jersey company that operates 13 TGI Fridays restaurants accused of secretly replacing premium liquor with low-quality booze says it's shocked at the allegations. The Briad Restaurant Group said in a statement Thursday it "takes great

6 tips on managing your 401(k) plan effectively

6 tips on managing your 401(k) plan effectively
By ALEX VEIGAAP Business Writer The run-up in stock prices this year could tempt even the most hands-off investor to wade into their 401(k) and make some changes. The Dow Jones industrial average, Nasdaq and Standard & Poor's 500 indexes are each up more than 20 percent over the past 12

Study: No higher cancer rate at Conn. Pratt plants

Study: No higher cancer rate at Conn. Pratt plants
By STEPHEN SINGERAP Business Writer HARTFORD, Conn. (AP) - An 11-year study of the incidence of brain cancer at jet engine manufacturer Pratt & Whitney in the state ended Thursday with university researchers saying they found no statistically significant elevations in the rate of cancer among

New rules for labeling meat go into effect in US

New rules for labeling meat go into effect in US
By M.L. JOHNSONAssociated Press MILWAUKEE (AP) - Shoppers in the U.S. will soon have more information about where their meat comes from after new federal labeling rules went into effect Thursday. The rules require labels on steaks, ribs and other cuts of meat to say where the animal was born,

Procter & Gamble brings back A.G. Lafley as CEO

Procter & Gamble brings back A.G. Lafley as CEO
By MAE ANDERSONAP Business Writer NEW YORK (AP) - Procter & Gamble Co. is bringing back its former CEO, as the world's largest consumer-products maker tries to spur global growth. In a surprise move, P&G said Thursday that former CEO A.G. Lafley, a 33-year industry veteran, is returning

Senate votes to cut crop insurance aid for wealthy

Senate votes to cut crop insurance aid for wealthy
By MARY CLARE JALONICKAssociated Press WASHINGTON (AP) - The Senate on Thursday voted to limit the amount of government subsidies the wealthiest farmers receive when purchasing crop insurance. The vote was one small victory this week for critics of a massive, five-year farm bill that would cost

Tea party vs. old guard in GOP Senate rift

Tea party vs. old guard in GOP Senate rift
By ANDREW TAYLOR and CHARLES BABINGTONAssociated Press WASHINGTON (AP) - A long-simmering feud between establishment Republicans and tea partyers broke into full view Thursday, with Sen. John McCain accusing younger colleagues of overplaying their hands and tempting Democrats to change Senate rules

Sears reports bigger-than-expected 1Q loss

Sears reports bigger-than-expected 1Q loss
By ANNE D'INNOCENZIO AND CANDICE CHOIAP Retail Writers NEW YORK (AP) - It was another ugly quarter for Sears Holdings Corp. The beleaguered department-store chain reported a steeper-than-expected loss for its first quarter on slumping sales. It also announced that it is considering selling its

Gap back in style as 1Q profit jumps 43 percent

Gap back in style as 1Q profit jumps 43 percent
By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - After years of struggle, Gap is back in style. Gap Inc., which owns The Gap, Old Navy and Banana Republic clothing chains, on Thursday reported a 43 percent jump in its fiscal first-quarter net income, as the company continues to reap

Stocks end lower as investors reassess Fed worries

Stocks end lower as investors reassess Fed worries
NEW YORK (AP) - Stocks are ending the day slightly lower after recouping a big loss early on. U.S. markets fell immediately after the opening bell following a global slump prompted in part by an unexpectedly weak report on manufacturing in China. Concern that the Federal Reserve might ease back on

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I-5 bridge collapses in NW Wash.; people in water

I-5 bridge collapses in NW Wash.; people in water
MOUNT VERNON, Wash. (AP) - The Washington State Patrol says the Interstate 5 bridge over the Skagit River at Mount Vernon has collapsed, dumping vehicles and people into the water. Trooper Mark Francis said the four-lane bridge collapsed about 7 p.m. Francis says he has no idea how many people are

Obama To Visit Tornado-Ravaged OK Town

Obama To Visit Tornado-Ravaged OK Town
WASHINGTON (AP) - President Barack Obama will travel to tornado-ravaged Moore, Okla., on Sunday.    That's according to a White House official, who wasn't authorized to publicly discuss the trip ahead of the official announcement and requested anonymity.    A

GOP's Walker touts state ties during trip to Iowa

GOP's Walker touts state ties during trip to Iowa
By THOMAS BEAUMONTAssociated Press WEST DES MOINES, Iowa (AP) - Wisconsin's Republican governor, Scott Walker, is introducing himself to Iowa Republicans as would-be presidential candidates often do - as one of their own. Walker tells about 600 of the GOP faithful at a party fundraising banquet