Markets sluggish despite seeming US budget deal

LONDON — Financial markets were sluggish Wednesday as an apparent budget deal in the U.S. Congress failed to divert attention from investors' primary focus — whether the Federal Reserve will reduce its stimulus next week. As the Fed's policy meeting...

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State’s Obamacare website down for ‘scheduled maintenance’

The state health insurance website will be down for "scheduled maintenance" for 15 hours beginning today at 2 p.m. — just two weeks before many policyholders must choose new health plans. The site, mahealthconnector.org, will be unavailable until tomorrow...

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Delta CEO: Fliers will pay for higher security fee

MINNEAPOLIS — The CEO of Delta Air Lines says a bigger security fee being considered in Congress will be paid by travelers, not by the airlines themselves. CEO Richard Anderson calls the fee a tax, and says it means fares are going up. He says the increase...

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Autohome ADRs surge in trading debut

Shares of Chinese automotive information provider Autohome are surging in their trading debut. The American depositary shares are up $11.60, or 68 percent, to $28.60 in morning trading after climbing as high as $31.37 shortly after they hit the market....

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Health care signups pick up pace in November

WASHINGTON — Playing catch-up with a long way to go, President Barack Obama's new health insurance markets last month picked up the dismal pace of signups, the administration reported Wednesday. Enrollment statistics from the Health and Human Services...

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House Republicans signal support for budget deal

WASHINGTON — House Republicans signaled support Wednesday for a budget deal worked out a day earlier, a plan narrowly drawn but promoted as a way to stabilize Congress' erratic fiscal efforts, avert another government shutdown and mute some of the partisan...

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Restructuring improves Polish airline's finances

WARSAW, Poland — Poland's debt-ridden LOT airline said Wednesday it has improved its finances through cost cuts and a reorganization of its business. LOT said it will close the year with a loss of some 20 million zlotys ($5 million), or about 110 million...

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FDA targets antibiotics in meat

WASHINGTON — Ciiting a potential threat to public health, the Food and Drug Administration moved Wednesday toward phasing out the use of some antibiotics in animals processed for meat. Many cattle, hog and poultry producers give their animals antibiotics...

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Witness on day of 2008 arrest: 'Madoff Implodes'

NEW YORK — New York financier Bernard Madoff's former right-hand man summed up his boss' arrest exactly five years ago with two words: "Madoff Implodes." The words were in Frank DiPascali's diary entry for Dec. 11, 2008. The diary was shown to jurors...

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Canada's postal service to phase out home delivery

TORONTO — Canada's postal service said Wednesday it will phase out home delivery within urban centers within the next five years as it begins to post significant financial losses due to growing use of digital communication. Canada Post, a government...

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