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Will retailers rebound after weak holiday season?

Will retailers rebound after weak holiday season?
By DANIEL WAGNERAP Business Writer WASHINGTON (AP) - As signs emerge that holiday sales this year grew at the weakest pace since 2008, investors are dumping retail stocks. Analysts are crowing about the missing "consumer engine" without which the economy may stagnate. Many fear that the season'

HP says gov't investigating troubled Autonomy unit

HP says gov't investigating troubled Autonomy unit
By MICHELLE CHAPMANAP Business Writer NEW YORK (AP) - Autonomy, the British business software company now owned by Hewlett-Packard Co., is facing a Justice Department investigation over improper accounting under previous management, according to HP. In a filing with the Securities and Exchange

HP says gov't investigating troubled Autonomy unit

HP says gov't investigating troubled Autonomy unit
By MICHELLE CHAPMANAP Business Writer NEW YORK (AP) - Autonomy, the British business software company now owned by Hewlett-Packard Co., is facing a Justice Department investigation over improper accounting under previous management, according to HP. In a filing with the Securities and Exchange

Stocks tumble as 'fiscal cliff' deadline nears

Stocks tumble as 'fiscal cliff' deadline nears
By STEVE ROTHWELLAP Business Writer NEW YORK (AP) - Stocks fell for a fifth day on concern that Washington lawmakers will fail to reach a budget deal before a self-imposed year-end deadline. The five-day losing streak for the Dow Jones industrial average was the longest since July. The Dow dropped

Fewer US banks failing as industry strengthens

Fewer US banks failing as industry strengthens
By MARCY GORDONAP Business Writer WASHINGTON (AP) - U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They're helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing

Mayor: Keep 2 NY subway push deaths in perspective

Mayor: Keep 2 NY subway push deaths in perspective
By TOM HAYSAssociated Press NEW YORK (AP) - For New York City, it wasn't an unusual sight: a possibly mentally ill woman pacing and mumbling to herself on an elevated subway station platform. The woman eventually took a seat on a bench Thursday night, witnesses later said. Then, without any

US shuts embassy in Central African Republic

US shuts embassy in Central African Republic
By LOLITA C. BALDORAssociated Press WASHINGTON (AP) - The State Department has closed its embassy in the Central African Republic and ordered the ambassador and his diplomatic team to leave the country as rebels there continue to advance and violence escalates, U.S. officials said Thursday. A

US shuts embassy in Central African Republic

US shuts embassy in Central African Republic
By LOLITA C. BALDORAssociated Press WASHINGTON (AP) - The State Department has closed its embassy in the Central African Republic and ordered the ambassador and his diplomatic team to leave the country as rebels there continue to advance and violence escalates, U.S. officials said Thursday. A

US shuts embassy in Central African Republic

US shuts embassy in Central African Republic
By LOLITA C. BALDORAssociated Press WASHINGTON (AP) - The State Department has closed its embassy in the Central African Republic and ordered the ambassador and his diplomatic team to leave the country as rebels there continue to advance and violence escalates, U.S. officials said Thursday. A

Fund managers: 2013 stock outlook remains positive

Fund managers: 2013 stock outlook remains positive
By MARK JEWELLAP Personal Finance Writer BOSTON (AP) - A safe route around the "fiscal cliff" continues to elude Congress and the White House. A recession is possible if automatic tax increases and spending cuts begin to take effect on Jan. 1, and people are afraid. Consumer confidence fell for a