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Obama Praises Saudi King As He opens a Dialogue with Muslim World

Updated: 06/03/2009 - RIYADH, Saudi Arabia (AP) -- President Barack Obama began his latest bid to open a dialogue with the Muslim world on Wednesday by seeking the counsel of King Abdullah of Saudi Arabia, home to Islam's two holiest sites in Mecca and Medina.

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ISM: US Service Economy Shrinks More Slowly in May

Updated: 06/03/2009 - The U.S. service sector shrank last month at the slowest pace since late last year and orders to U.S. factory orders rose in April, but the improvements were incremental and economists say a real recovery will be long and slow.

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Kansas Students Gather For Boys' State

Updated: 06/03/2009 - About 470 high school juniors from every corner of Kansas are learning state government firsthand this week. They are gathered at Kansas State University for the 72nd American Legion Boys' State.

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Oil Slips Below $68 Ahead of New US Stocks Data

Updated: 06/03/2009 - Oil prices slipped below $68 a barrel Wednesday, as investors booked gains on a recent rally, but remained near seven-month highs on expectations that new data will show greater demand in the United States, the largest market for crude.

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AP Source: AIG Agrees To Sell 2 NYC Buildings

Updated: 06/03/2009 - The embattled insurer American International Group Inc. is selling its headquarters building in New York and a nearby building in a deal expected to close at the end of this summer, a person familiar with the matter said Wednesday.

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Westar Officially Requests Rate Increase

Updated: 06/03/2009 - Westar Energy is asking Kansas regulators to increase its electric rates by $20 million - the fourth increase requested this year by the Topeka utility.

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Heinz 4Q Profit Falls 10%

Updated: 06/03/2009 - H.J. Heinz Co. plans to boost marketing and limit price discounting in fiscal 2010 as it looks to keep selling its ketchup and sauces to consumers who have been trading down to less-expensive store brands.

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Oil Hovers above $68 as Traders Eye Weaker Dollar

Updated: 06/03/2009 - Oil prices hovered above $68 a barrel Wednesday in Asia near a seven-month high as investors sought a safe haven in commodities from a weaker U.S. dollar and inflation.

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National D-Day Memorial on Brink of Financial Ruin

Updated: 06/03/2009 - On the eve of the 65th anniversary of D-Day, the foundation that runs the National D-Day Memorial is on the brink of financial ruin. Donations are down in the poor economy. The primary base of support - World War II veterans - is dying off.

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