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Conservative Ed Board Member Wins Kansas Senate Seat

Posted: 11/05/2008 - Steve Abrams of Arkansas City defeated veteran Democratic State Senator Greta Goodwin of Winfield in Tuesday's voting. Abrams was part of a bloc of conservative Republicans on the State Board of Education who backed controversial science standards.

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Bombardier: New Jet, More Jobs Still on Track

Posted: 11/05/2008 - Bombardier Aerospace says it still plans to add between 500 and 700 jobs at its Wichita plant to work on its new Learject 85 assembly line. That comes despite the financial crisis.

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Democrats win 7 of 11 contested governorships

Posted: 11/05/2008 - Democrats celebrated the re-election of Washington state's Gov. Chris Gregoire and wins in two open gubernatorial contests, including the election of the first female governor of North Carolina.

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Kosher Iowa meatpacker seeks bankruptcy protection

Posted: 11/05/2008 - DES MOINES, Iowa – Kosher slaughterhouse Agriprocessors has filed for bankruptcy court protection, blaming its financial difficulties on the May immigration raid on its Iowa plant in which more than 300 people were arrested.

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World markets cash in on Obama win

Posted: 11/05/2008 - LONDON – World markets traded lower Wednesday despite strong gains in Asia overnight as investors booked profits after Senator Barack Obama won the U.S. presidential election and the Democrats took a firmer hold on Congress.

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Google pulls out of Yahoo advertising partnership

Posted: 11/05/2008 - WASHINGTON – Google Inc. has scrapped its Internet advertising partnership with struggling rival Yahoo Inc., abandoning attempts to overcome the objections of antitrust regulators and customers who believed the alliance would give Google too much power over online commerce.

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Obama victory sparks cheers around the globe

Posted: 11/05/2008 - PARIS – Barack Obama's election as America's first black president unleashed a renewed love for the United States after years of dwindling goodwill, and many said Wednesday that U.S. voters had blazed a trail that minorities elsewhere could follow.

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Obama to begin intelligence briefings

Posted: 11/05/2008 - CHICAGO – Barack Obama will begin receiving highly classified briefings from top intelligence officials Thursday, as the rush of his campaign gives way to intensive preparations to take over as commander in chief and build a Democratic administration.

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Alaska Sen. Ted Stevens holds slim lead

Posted: 11/05/2008 - ANCHORAGE, Alaska – With his political future uncertain, a weary Alaska Sen. Ted Stevens, looking at bit deflated, left a gathering of supporters to go home and get some sleep. With 96 percent of precincts reporting, Stevens — the longest serving Republican in the history of the Senate — led Tuesday with 48 percent of the vote compared to 47 percent for two-term Anchorage Mayor Mark Begich, a Democrat.

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New Congress turns more -- much more -- Democratic

Posted: 11/05/2008 - WASHINGTON – Democrats broadened their control of Congress in Tuesday's elections, though in the Senate they fell short of the 60 votes needed for a filibuster-proof majority that would have given them almost unbridled power over legislation.

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California voters approve gay-marriage ban

Posted: 11/05/2008 - LOS ANGELES – In an election otherwise full of liberal triumphs, the gay rights movement suffered a stunning defeat as California voters approved a ban on same-sex marriages that overrides a recent court decision legalizing them.

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Obama turns to building a presidency

Posted: 11/05/2008 - WASHINGTON – His storied election behind him and weighty problems in his face, Barack Obama turned Wednesday to the task of building an administration in times of crisis as Americans and the world absorbed his history-shattering achievement as the first black leader ascending to the presidency.

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Oil Slides below $68 as Demand Ebbs

Posted: 11/05/2008 - Oil prices dipped below $66 a barrel Wednesday as investor sentiment once again seemed to shift to the growing global economic malaise and its potential impact on energy demand. Gasoline prices continued to tumble.

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Bush Congratulates Obama on Election Victory

Posted: 11/05/2008 - President Bush embraced Barack Obama's election victory Wednesday, saying he understands the message of change that was the centerpiece of his campaign.

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Officials: Emanuel Offered Chief of Staff Job

Posted: 11/05/2008 - Democratic officials say Illinois Rep. Rahm Emanuel has been offered the job of chief of staff in the administration of President-elect Barack Obama.

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Stocks Tumble as Investors Shift Focus to Economy

Posted: 11/05/2008 - Wall Street stopped to catch its breath Wednesday, cashing in gains from a rally that lifted the Standard & Poor's 500 index more than 18 percent over six sessions. The Dow Jones industrials fell 170 points, while all the major indexes were down more than 1.5 percent.

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President-elect Obama Faces Daunting Challenges

Posted: 11/05/2008 - His name etched in history as America's first black president-elect, Barack Obama turned Wednesday from the jubilation of victory to the sobering challenge of leading a nation worried about economic crisis, two unfinished wars and global uncertainty.

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Time Warner 3Q Profits Beat Expectations, AOL Weak

Posted: 11/05/2008 - Time Warner Inc. reported third-quarter profits Wednesday that beat Wall Street expectations, even as its AOL online unit continued to weigh down the company with a 6 percent decline in advertising revenue.

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Stocks Head for Lower Open after Sharp Rally

Posted: 11/05/2008 - Wall Street prepared to cash in some of the previous session's big gains Wednesday, focusing on the weak economy after Barack Obama's election to the White House.

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Stewart, Colbert Parody Election In Real-Time

Posted: 11/05/2008 - Culminating their satirical coverage of the campaign, Comedy Central's Jon Stewart and Stephen Colbert teamed up for a live one-hour comedy special - though Stewart had his Cronkite moment, too.

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Europe's Markets Take Profits on Obama Win

Posted: 11/05/2008 - European stock markets opened lower Wednesday despite gains in Asia, as investors booked some profits after Senator Barack Obama won the U.S. presidential election and the Democrats took a firmer grip on Congress.

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