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American Express to cut 7,000 jobs

Posted: 10/30/2008 - In a stark acknowledgment of the tough times ahead in the credit card industry, American Express Co. said Thursday that it plans to cut 7,000 jobs, or about 10 percent of its worldwide work force, in an effort to slash costs by $1.8 billion in 2009.

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Colgate-Palmolive 3Q profit rises as sales jump

Posted: 10/30/2008 - Colgate-Palmolive Co. posted a 19 percent gain in third-quarter earnings on Thursday after it raised prices, and the toothpaste maker gave a confident forecast for double-digit profit growth in 2009.

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SoCal McCain supporter removes bloody Obama effigy

Posted: 10/30/2008 - A Los Angeles-area McCain supporter has removed a Halloween effigy of Democratic presidential candidate Barack Obama hanging from her balcony with a giant butcher knife through its neck.

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White House defends money for banks

Posted: 10/30/2008 - Under fire from Democrats and Republicans alike, the White House on Thursday defended giving billions of taxpayer dollars to banks that plan to use some of the money to reward shareholders and executives - or even buy other banks.

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FBI: Remains of ND civilian recovered in Iraq

Posted: 10/30/2008 - The remains of a North Dakota civilian taken hostage and killed in Iraq nearly three years ago have been recovered along with remains believed to be those of his fiancee, an interpreter for the military, his sister and FBI officials said.

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Beatles music to be in new video game

Posted: 10/30/2008 - For the first time, the legendary group's music will be featured in the lucrative video game market in a deal with MTV Games and Harmonix, creators of the "Rock Band" series. The game is scheduled to make its debut in time for next year's holiday season.

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Hubble telescope working, taking photos again

Posted: 10/30/2008 - The Hubble Space Telescope is working again, taking stunning cosmic photos after a breakdown a month ago. The 18-year-old telescope is as good as it was before a shutdown in late September, according to the Hubble Space Telescope Science Institute in Baltimore. That glitch scotched plans for spacewalking astronauts to upgrade the Hubble earlier this month. The mission is scheduled for sometime early next year.

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Diabetes rate nearly doubles in 10 years

Posted: 10/30/2008 - The rate of new diabetes cases nearly doubled in the United States in the last 10 years, with the highest levels in the South, the government said Thursday in its first state-by-state review of new diagnoses. The highest rate was in West Virginia, where about 13 in 1,000 adults were diagnosed with the disease. The lowest was in Minnesota, where the rate is 5 in 1,000.

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New Coffee Shop Opens Doors

Posted: 10/30/2008 - Topeka's newest coffee shop welcomed guests to try their menu Thursday morning. Hot Java is located at 3343 SW Gage Blvd.

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US jury convicts son of ex-Liberian president

Posted: 10/30/2008 - A federal jury on Thursday convicted the son of former Liberian President Charles Taylor in the first case brought under a 1994 U.S. law allowing prosecution for torture and atrocities committed overseas.

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Topeka Hometown Hero Gets Award

Updated: 10/31/2008 - Former national talk show host Jenny Jones surprised Topeka Correctional Facility volunteer, Suzanne MacDonald, with a $20,000 grant to replace the running track at the facility. MacDonald helped start a running club for inmates.

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Kan. Sen. Leader Repays Campaign Fund

Posted: 10/30/2008 - The Senate budget committee's chairman reimburses his campaign fund for $4,700 after a political opponent filed a complaint about how he spent it.

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Company Initiates Nationwide Recall of Cookies

Updated: 10/30/2008 - Lotte USA, Inc. has initiated a nationwide recall of Koala's March Creme filled Cookies that were produced in China and may be contaminated with melamine.

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Hudson deaths add to South Side Chicago's violence

Posted: 10/30/2008 - During the same weekend that county pathologists conducted autopsies on the bodies of actress-singer Jennifer Hudson's mother and brother, they also examined the bodies of six other people who'd been gunned down or beaten to death.

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Netflix, TiVo team up after 4-year courtship

Posted: 10/30/2008 - Home entertainment trendsetters Netflix Inc. and TiVo Inc. are finally joining forces to deliver more movies and old TV episodes to their mutual subscribers, consummating a relationship that was supposed to come together four years ago.

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AP source: Hudson suspect refused polygraph test

Posted: 10/30/2008 - The convicted felon suspected in the slayings of actress-singer Jennifer Hudson's mother, brother and nephew told police he is innocent but balked at taking a lie-detector test, a police official said.

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Exxon Mobil posts biggest US quarterly profit ever

Posted: 10/30/2008 - Exxon Mobil Corp., the world's largest publicly traded oil company, reported income Thursday that shattered its own record for the biggest profit from operations by a U.S. corporation, earning $14.83 billion in the third quarter.

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Phillies win World Series after 2-day delay

Posted: 10/30/2008 - The Philadelphia Phillies have won the World Series, capturing the decisive fifth game 4-3 over Tampa Bay in a clinching game that took two days to complete following Monday night's rain delay.

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Stocks advance after GDP report

Posted: 10/30/2008 - Wall Street was feeling more upbeat Thursday after a government report showed the economy contracted in the third quarter by less than expected and after the Federal Reserve's second interest rate cut in a month. The major stock indexes jumped more than 1.5 percent, including the Dow Jones industrials, which rose 150 points.

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Sense of urgency drives candidates to swing states

Posted: 10/30/2008 - Their sense of urgency growing as the clock runs down, Democrat Barack Obama and Republican John McCain are spending their time - and their money - trying to win over the same voters in those few states still too close to call

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Economy shrinks as consumers cut back on spending

Posted: 10/30/2008 - A day after the Federal Reserve slashed a key interest rate to battle an economic downturn, the government reported Thursday the economy did shrink in the summer, sending the strongest signal yet that a recession may have already begun.

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