Study: Tax reforms would curb income inequality

WASHINGTON — The Organization for Economic Cooperation and Development on Wednesday recommended a series of tax changes to limit the worldwide rise in income inequality. The Paris-based OECD, which includes the United States among its 34 members, advised...

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Schilling asked to testify in Rhode Island review

PROVIDENCE, R.I. — The Rhode Island House Oversight Committee has asked former Red Sox pitcher Curt Schilling to testify as it continues its review of the deal that lured his now-bankrupt video game company to the state with a $75 million loan guarantee....

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$4M bid made for North Adams hospital

SPRINGFIELD, Mass. — Pittsfield's Berkshire Medical Center has agreed to pay $4 million for the former North Adams Regional Hospital and affiliated facilities, as well as a doctors' building. According to documents filed this week as part of bankruptcy...

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Energizer to split into 2 companies to hone focus

ST. LOUIS — Energizer Holdings plans to split into two separate and publicly traded companies, one selling batteries and household items, the other selling personal care brands such as Schick razors and Edge shaving gel. Shares jumped 16 percent in...

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Stocks mixed as investors weigh earnings, economy

NEW YORK — The stock market was mixed on Wednesday as investors weighed company earnings against a report that showed economic growth stalled during the fourth quarter. KEEPING SCORE: The Standard & Poor's 500 index rose 0.9 points, or 0.1 percent,...

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Survey: US businesses add 220K jobs in April

WASHINGTON — U.S. businesses boosted hiring in April, according to a private survey, a sign the economy may improve after a sluggish start this year. Payroll processer ADP said Wednesday that private employers added 220,000 jobs in April, the most since...

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1 million thermostats recalled for fire risk

NEW YORK — More than 1 million thermostats are being recalled because the batteries can leak and cause a fire. The thermostats are made by White-Rodgers, but some have different brand names printed on the front, including ComfortSentry, DICO, Emerson,...

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US economy slowed to 0.1 percent growth rate in Q1

WASHINGTON — The U.S. economy slowed sharply in the first three months of the year as a harsh winter exacted a toll on business activity. The slowdown, while worse than expected, is likely to be temporary as growth rebounds with warmer weather. Growth...

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Senate GOP blocks Dems' minimum wage boost

WASHINGTON — Senate Republicans blocked an election-year Democratic bill on Wednesday that would boost the federal minimum wage, handing a defeat to President Barack Obama on a vote that is sure to reverberate in this year's congressional elections....

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Senate GOP pushes Russia sanctions bill

WASHINGTON — Senate Republicans on Wednesday slammed President Barack Obama's response to Russian aggression as timid and insufficient, and offered an alternative that would impose sanctions on banking and energy sectors and provide weapons to Ukraine....

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