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Man who squeezed out of jail nabbed in hotel pool

Posted: 07/23/2008 - Police in Houston say a murder suspect who lost weight so he could escape from jail by squeezing through a vent has been caught taking a dip in a motel swimming pool.

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Pricing, weaker dollar help Philip Morris 2Q

Posted: 07/23/2008 - Cigarette maker Philip Morris International said Wednesday that net income rose 23 percent in the second quarter, boosted by higher prices and the weaker dollar.

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Survey: Gas and violence among hurricane worries

Posted: 07/23/2008 - Nearly one-fourth of people in areas affected by Hurricane Katrina would refuse to evacuate for a storm if told to, a survey released Wednesday by Harvard University found.

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Study: Online banking possibly dicier than assumed

Posted: 07/23/2008 - Many banks are unwittingly training their online customers to take risks with their passwords and other sensitive account information, leaving them more vulnerable to fraud, new research shows.

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US, Poland take step forward on missile defense

Posted: 07/23/2008 - Poland and the U.S. took a step on Wednesday toward resolving a dispute over Warsaw's demands for defense aid in exchange for accepting part of an American missile defense system.

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Argentine President's Top Aide Resigns

Posted: 07/23/2008 - Argentina's state news agency said the president's top aide has resigned following the Senate's rejection of a government-backed export tax hike.

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ConocoPhillips 2Q profit soars

Posted: 07/23/2008 - Record crude prices helped oil giant ConocoPhillips' second-quarter profit climb 13 percent from adjusted results a year ago, beginning what is expected to be a string of robust earnings announcements from major oil companies.

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Mexican Soldiers Help As Hurricane Hits

Posted: 07/23/2008 - Mexican soldiers made a last-minute attempt to rescue people at the mouth of the Rio Grande early Wednesday as Hurricane Dolly's leading edge hit the Gulf coast.

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Hershey 2Q Profit, Sales Up After Price Increase

Posted: 07/23/2008 - The Hershey Co. said it earned $41.5 million, or 18 cents a share, for the three months ended June 29, compared with last year's second-quarter profit of $3.6 million, or a penny per share, as it spent heavily to transform its production lines.

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Yahoo CEO Remains Upbeat Despite Lackluster 2Q

Posted: 07/23/2008 - With Microsoft's $47.5 billion takeover bid off the table and his company's stock price down 20 percent during his 13-month reign as Yahoo's CEO, Jerry Yang has a message for his exasperated shareholders: Things aren't as bleak as they look.

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NASCAR squeezes horsepower down on Toyota motors

Posted: 07/23/2008 - NASCAR tried to even out the competition in the Nationwide Series on Wednesday by ordering all teams using Toyota motors to squeeze down their horsepower before this weekend's race in Indianapolis.

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House backs $8 billion for highway trust fund

Posted: 07/23/2008 - The House on Wednesday approved an $8 billion infusion into the highway trust fund, restoring temporary solvency to the federal account essential to keeping the nation's roads and bridges safe, functional and in good repair.

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McDonald's Swings to Profit, May Alter Dollar Menu

Posted: 07/23/2008 - Consumers helped bring McDonald's Corp. back to profitability in the second quarter by spending on breakfast biscuits, chicken sandwiches and drinks despite the tough economy in the U.S.

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AP IMPACT: After 60 years, black officers rare

Posted: 07/23/2008 - Blacks have made great strides in the military since it was integrated 60 years ago, but they still struggle to gain a foothold in the higher ranks, where less than 6 percent of U.S. general officers are African-American.

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Toyota Outsells GM Worldwide in First Half

Posted: 07/23/2008 - General Motors Corp., pummeled by falling U.S. sales and high gas prices, lost the global sales lead to Toyota Motor Corp. in the first half of this year, but the churning market makes it difficult to predict which automaker will end the year on top.

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Oil Drops Below $125 for 1st Time in Over 6 Weeks

Posted: 07/23/2008 - Oil prices shed nearly $4 Wednesday, tumbling below $125 a barrel for the first time since early June on growing fears that high prices and the weak economy are destroying demand.

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