Mass. signs new casino deal with tribe

BOSTON — Gov. Deval Patrick is calling for swift ratification by the Legislature of a revised casino compact with the Mashpee Wampanoag tribe that would provide the state with 17 percent of gambling revenues from a proposed tribal casino in Taunton....

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JPMorgan clamps down on fees from payday lenders

NEW YORK — JPMorgan Chase said Wednesday that it will take steps to protect its customers from fees and other charges that payday lenders may slap on them. The bank said it will limit the fees that customers are charged when they overdraft their accounts...

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UK official delivers another austere budget

LONDON — Britain's Treasury chief unveiled another tough budget Wednesday despite weakness in the economy that raised fears of a third recession in a little more than four years. Though he offered beer drinkers and car drivers a tax break — no doubt...

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FDA warns of another compounding pharmacy recall

WASHINGTON — The Food and Drug Administration is warning doctors that a compounding pharmacy is recalling dozens of lots of the Roche drug Avastin after receiving reports of eye infections among patients. The FDA said Wednesday that Clinical Specialties...

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Senate set to approve huge 2013 spending bill

WASHINGTON — The Senate pressed ahead Wednesday on a huge, bipartisan spending bill aimed at keeping the government running through September and ruling out the chance of a government shutdown later this month. Chamber leaders were increasingly confident...

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Investigators search Paris home of IMF chief

PARIS — A lawyer for IMF chief Christine Lagarde says French investigators have searched her Paris home as part of an inquiry into her role in a $400 million arbitration deal in favor of a tycoon. The lawyer, Yves Repiquet (eev ruh-PEE-kay), says Lagarde...

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Markets sanguine over Cyprus uncertainty

LONDON — Markets took the uncertainty over Cyprus' bailout in their stride on Wednesday ahead of the latest policy statement from the Federal Reserve. Though tensions remain over the financial future of Cyprus after its Parliament rejected a proposal...

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Survey: Low-wage workers gloomy about future

WASHINGTON — While lower-wage American workers have accounted for the lion's share of the jobs created since the 2007-2009 Great Recession, a new survey shows that they are also among the most pessimistic about their future career prospects, their job...

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JPMorgan, MF Global trustee reach agreement

NEW YORK — JPMorgan Chase has agreed to a deal that will return $546 million to former customers of trading firm MF Global Holdings Ltd., which collapsed in 2011 with $1.6 billion missing from its accounts. MF Global failed in October after a calamitous...

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Freddie accuses big banks of rigging lending rate

WASHINGTON — Freddie Mac has sued 15 big international banks, including JPMorgan Chase, Bank of America and Citigroup, accusing them of rigging a key interest rate and causing huge losses for the government-controlled mortgage giant. Freddie filed the...

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