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Unemployment Benefits Reaches 26-Year-High

Posted: 12/04/2008 - More evidence of consumers' weary state and the nation's deteriorating job market came Thursday with reports that people continuing to draw unemployment benefits climbed to a 26-year high, while retail sales and orders to U.S. factories sank.

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New LBJ Tapes Show Concern About Nixon

Posted: 12/04/2008 - In the last months of his administration, President Lyndon Johnson voiced worry over the Vietnam peace talks and stridently suggested that associates of Richard Nixon were attempting to keep South Vietnam away from the table until after the 1968 election.

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Automakers Face Skeptical Lawmakers

Posted: 12/04/2008 - U.S. automakers drew fresh skepticism from lawmakers Thursday in a rocky confrontation over their pleas for an expanded $34 billion rescue package they say they need to survive. Congressional analysts said one bailout plan under consideration would fall short of what the carmakers want.

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Madonna Postpones Opening Concert in Argentina

Posted: 12/04/2008 - Madonna's Wednesday-night opening concert at River Plate Stadium was delayed because mechanical problems delayed the plane transporting some of her wardrobe and sound equipment

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Oprah to Host TV show from Washington

Posted: 12/04/2008 - Harpo Productions says Oprah Winfrey will host a live episode of "The Oprah Winfrey Show" from the Kennedy Center Opera House on January 19, the day before Barack Obama takes the presidential oath of office.

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Wall Street Reacts Calmly to more Bad News

Posted: 12/04/2008 - Wall Street showed further signs of stability Thursday as investors calmly took in a flurry of downbeat economic and corporate data and largely held on to the gains they've made for more than a week.

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New Jobless Claims Drop Unexpectedly

Posted: 12/04/2008 - New claims for jobless benefits fell unexpectedly last week but the number of people continuing to receive government aid reached a 26-year high and large companies announced more job cuts Thursday.

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Ex-NY Gov. Spitzer Debuts as Columnist for Slate

Posted: 12/04/2008 - Former New York Gov. Eliot Spitzer is back in the media, this time as a member of the Fourth Estate. On Wednesday evening, the online magazine Slate quietly posted Spitzer's first column, headlined "Too Big Not To Fail."

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Obama Calls Iraq PM to Discuss Cooperation

Posted: 12/04/2008 - President-elect Barack Obama has called Iraq's prime minister and stressed his commitment to a responsible withdrawal of American forces from Iraq, the government said.

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Oil Sinks to Near 4-year Low on Job News

Posted: 12/04/2008 - Oil prices fell Thursday to levels last seen nearly four years ago as the number of people continuing to receive government aid reached a 26-year high, factory orders hit an eight-year low and major corporations slashed jobs.

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Automakers Pitch Congress Anew on Rescue

Posted: 12/04/2008 - Humbled U.S. automakers pleaded with Congress Thursday for an expanded $34 billion rescue package, but heard fresh skepticism in a bumpy encore appearance.

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Bernanke: More Action Needed to Cut Foreclosures

Posted: 12/04/2008 - Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles.

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State Leaders: Kansas Undoubtedly Best Choice for Bio Lab

Updated: 12/04/2008 - At a conference on K-State's campus Thursday morning, state political and Kansas State University leaders officially announced Kansas as the chosen site for the National Bio and Agro-Defense Facility. They credit bi-partisan teamwork for making Kansas the best option.

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Indian Airports on High Alert after New Warning

Posted: 12/04/2008 - Airports in India went on high alert Thursday following fresh attack warnings as officials said India suspects two senior leaders of a banned Pakistani militant group orchestrated the deadly Mumbai attacks.

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Solar Car Completes 1st Ever Round-the-World Trip

Posted: 12/04/2008 - The first solar-powered car to travel around the world ended its journey at the U.N. climate talks Thursday, arriving with the message that clean technologies are available now to stop global warming.

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Fla. Congresswoman Accidentally Hangs Up on Obama

Posted: 12/04/2008 - When a man sounding remarkably like President-elect Barack Obama called a Florida congresswoman Wednesday, she assumed it was a crank call. So Republican Rep. Ileana Ros-Lehtinen hung up.

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Lil Wayne Leads Grammy Nods with 8, Coldplay 7

Posted: 12/04/2008 - Nominations for the prolific and ubiquitous rap MVP, who became pop's biggest success in 2008 with his top-selling album, "Tha Carter III," included a coveted album of the year bid.

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Automakers Return to Sell Congress on Rescue

Updated: 12/04/2008 - U.S. automakers are returning to Congress for high-stakes hearings they hope will persuade skeptical lawmakers to save their troubled industry with $34 billion in emergency aid.

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AT&T to Cut 12,000 Jobs, 4% of Staff

Updated: 12/04/2008 - AT&T Inc. joined the recession's parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force in December and throughout 2009.

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Retailers Post Steep Sales Declines in November

Posted: 12/04/2008 - Retailers are reporting steep sales declines for November as a surge of shopping after Thanksgiving that was fueled by deep discounts wasn't enough to save a dreary month.

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Wall Street Points to Lower Open

Posted: 12/04/2008 - Wall Street headed toward a lower open Thursday as investors began sifting through retail sales reports that were expected to point to another pullback in consumer spending.

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