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US economy grew at 2.7 percent rate in summer

Submitted by Fox First at Ten on November 29th

By By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - The U.S. economy grew at a 2.7 percent annual rate from July through September, much faster than first thought. The strength is expected to fade in the final months of the year because of the impact of Superstorm Sandy and uncertainty

Twinkies maker Hostess ready for its big bake sale

Submitted by Fox First at Ten on November 29th

By By CANDICE CHOIAP Food Industry Writer NEW YORK (AP) - The future of Twinkies is virtually assured. Hostess Brands Inc. got final approval for its wind-down plans in bankruptcy court Thursday, setting the stage for its iconic snack cakes to find a second life with new owners - even as 18,000

Attorney expects Lohan will be cleared in NYC case

Submitted by Fox First at Ten on November 29th

By By ANTHONY McCARTNEYAP Entertainment Writer LOS ANGELES (AP) - Lindsay Lohan was charged Thursday with crimes in New York and Los Angeles, marking her latest setbacks as she tries to revive her career and avoid a return to jail. Prosecutors in Santa Monica charged Lohan with three

GM venture in China plans $1 billion auto plant

Submitted by Fox First at Ten on November 29th

By By KELVIN CHANAP Business Writer HONG KONG (AP) - General Motors Co. and its joint venture partners in China say they will spend 6.6 billion yuan ($1 billion) to build a third car plant to keep up with demand for vehicles in the world's biggest auto market. The SAIC-GM-Wuling venture

Palestinians celebrate UN statehood vote

Submitted by Fox First at Ten on November 29th

By By MOHAMMED DARAGHMEH and KARIN LAUBAssociated Press RAMALLAH, West Bank (AP) - Palestinians erupted in wild cheers Thursday, hugging each other, setting off fireworks and chanting "God is great" after the United Nations granted them, at least formally, what they have long yearned for - a

Asia stocks rise on US data, budget talks

Submitted by Fox First at Ten on November 29th

By By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - Asian stock markets posted gains Friday on optimism over a pair of positive U.S. economic reports and growing expectations that Washington will resolve a budget impasse before the end of the year. Meanwhile, the release of an 880.3 billion

Marks' 35 keys Boise St. upset of No. 11 Creighton

Submitted by Fox First at Ten on November 29th

By By ERIC OLSONAP Sports Writer OMAHA, Neb. (AP) - Derrick Marks scored a career-high 35 points, including 18 straight in the second half, and Boise State upset No. 11 Creighton 83-70 on Wednesday night. The Broncos (5-1), who played No. 13 Michigan State within four points on the road last

Study: US jails could handle Guantanamo detainees

Submitted by Fox First at Ten on November 29th

By By KIMBERLY DOZIERAP Intelligence Writer WASHINGTON (AP) - The controversial detention facility at Guantanamo Bay, Cuba, could be closed and the 166 detainees being held there could be absorbed safely by U.S. prisons, a government report says. Many of the detainees are accused of plotting

Microsoft: Windows 8 selling well despite PC slump

Submitted by Fox First at Ten on November 28th

By By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - Microsoft believes the latest version of its Windows operating system is off to a great start, but it's going to take more than that to prove the revamped software will win over enough people to revive the slumping personal

Sahara India Pariwar buys NY's Plaza Hotel

Submitted by Fox First at Ten on November 28th

By By ALEX VEIGAAP Real Estate Writer Indian conglomerate Sahara India Pariwar now owns a majority stake in New York's Plaza Hotel, which is bought from Israeli real estate company El Ad US Holding Inc. El Ad CEO Udi Erez said Wednesday that the transaction, valued at $575 million, closed