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Conductor Kurt Masur dead at 88

Posted: 12/19/2015 - Conductor Kurt Masur, who was credited with helping prevent violence after the collapse of communism in East Germany and later reinvigorated the New York Philharmonic during an 11-year stint as music director, has died at 88.

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House approves bill to avoid shutdown

Posted: 12/18/2015 - In a surprise outcome, the House overwhelmingly approved a year-end $1.1 trillion spending package that avoids a government shutdown and funds federal agencies through next fall.

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Gillette sues Dollar Shave Club: You stole our patent

Posted: 12/18/2015 - It's Goliath vs. David, Gillette, the unit of consumer products giant Procter & Gamble that dominates the sale of razors, is suing upstart Dollar Shave Club, accusing it of patent violations.

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DOJ charges San Bernardino shooters' friend

Posted: 12/18/2015 - Enrique Marquez, the friend who bought the assault rifles used in the San Bernardino shooting by Syed Rizwan Farook and Tashfeen Malik, has been charged with conspiring to provide material support to terrorists and other charges, the Department of Justice announced on Thursday.

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Reviled drug CEO Martin Shkreli indicted by feds

Posted: 12/17/2015 - Pharmaceutical CEO Martin Shkreli, widely pilloried for jacking up the price of a drug used to treat AIDS patients, has been indicted on criminal charges that he bilked a company out of millions of dollars.

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Obama meets Bloomberg as he prepares order on guns

Updated: 12/17/2015 - As he prepares an executive order tightening access to guns, President Obama met Wednesday with former New York City Mayor Michael Bloomberg, a proponent of new gun laws.

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Charges expected in San Bernardino terror shooting

Updated: 12/17/2015 - Federal prosecutors are expected to file charges against Enrique Marquez, a friend and former neighbor of San Bernardino, California, attacker Syed Rizwan Farook.

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Fed finally lifts key interest rate from near zero

Posted: 12/16/2015 - The Federal Reserve is raising interest rates after seven years of record lows. But it's signaling that further rate hikes will likely be made slowly as the economy strengthens further and muted inflation rises.

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