Clear Channel launches country festival in Austin

AUSTIN, Texas — Clear Channel Media and Entertainment got such an overwhelming response to country music performers during the iHeartRadio Music Festivals, they've decided to start one geared toward country fans. The first iHeartRadio Country Festival...

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Fears of faster Fed tapering weigh on stocks

PARIS — Fears that the U.S. Federal Reserve could rein in its stimulus more aggressively than previously anticipated weighed on stocks Wednesday. Payroll processor ADP said Wednesday that companies added 238,000 jobs in the U.S. in December, up slightly...

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Ga. banker pleads not guilty to fraud charges

STATESBORO, Ga. — A former Georgia banker accused of stealing millions from investors before vanishing for 18 months pleaded not guilty Wednesday to federal bank fraud charges and agreed to remain jailed without bond pending trial. Aubrey Lee Price,...

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Stocks open lower on Wall Street ahead of Fed news

NEW YORK — Stocks are mostly lower in early trading as investors hold back ahead of the release of the latest news from the Federal Reserve. The Dow Jones industrial average fell 88 points, or 0.6 percent, at 16,435 in early trading Wednesday. The...

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Eurozone economy shows glimmers of hope

LONDON — Glimmers of hope emerged Wednesday for the eurozone economy to suggest that the coming year will see the recovery gathering steam. Official figures showed a stabilization in unemployment and the biggest increase in monthly retail sales in 12...

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Delta plans interior overhaul on domestic fleet

ATLANTA — Delta is putting new seats and bigger overhead bins on many of the planes it flies within the U.S. Delta says the project will cover 225 planes. Passengers will have electrical power at every seat in those planes, and most of them are getting...

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Barnes & Noble promotes Nook head to CEO

NEW YORK — Book seller Barnes & Noble has promoted the head of its Nook business to chief executive of company. The struggling retailer said Wednesday Michael Huseby, 59, will take the role immediately. The post has been vacant since July when CEO...

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Monsanto 1Q profit climbs on biotech soybean sales

WASHINGTON — Monsanto reported better-than-expected first quarter earnings Wednesday on higher sales of the company's biotech soybean seeds and its signature herbicide Roundup. Its earnings rose 8 percent, and its shares rose more than 2 percent in...

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EU makes carbon pollution more expensive

BRUSSELS — It will become more expensive for businesses in the European Union to burn fossil fuels this year after the 28-country bloc decided Wednesday to beef up its carbon trading system. The agreement ended a year of bickering over how to amend...

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Stocks mixed as investors wait on the Fed

NEW YORK — Stocks were mixed in midday trading Wednesday as investors held back ahead of the latest news from the Federal Reserve. The Fed releases minutes later in the afternoon from its December policy meeting, where central bank officials voted to...

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