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Stocks climb as traders shrug off economic reports

By MATTHEW CRAFTAP Business Writer NEW YORK (AP) - Investors nudged the stock market to all-time highs Wednesday despite a handful of disappointing economic reports. Google's stock topped $900 for the first time after the company announced new versions of its prodcuts, and Macy's rose after

Google poised to show off latest devices, services

By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - Google is expected to use its annual software developers' conference to showcase the latest mobile devices running on its Android software, while also unveiling other features in its evolving product line-up. The gathering, scheduled

Hedge fund wants part of Sony entertainment sold

By YURI KAGEYAMAAP Business Writer TOKYO (AP) - A U.S. hedge fund has proposed that Sony Corp. sell up to 20 percent of its entertainment business and use the money to strengthen its ailing electronics unit. The plan drew a quick rejection from the Japanese consumer conglomerate. In a May 14 letter

3-man space crew returns safely to Earth

By VLADIMIR ISACHENKOVAssociated Press MOSCOW (AP) - A Soyuz space capsule with a three-man crew returning from a five-month mission to the International Space Station landed safely Tuesday on the steppes of Kazakhstan. Canadian astronaut Chris Hadfield, American Thomas Marshburn and Russian Roman