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States, banks reach foreclosure-abuse settlement
Updated: 5 min ago
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WASHINGTON (AP) — Federal officials say the five largest mortgage lenders have reached a $25 billion settlement with 49 states over foreclosure abuses that took place after the housing bubble burst. They will have three years to fulfill the terms of the landmark deal announced Thursday. The deal also ends a... Read More
S. Dakota inmate pleads guilty in guard's murder
Updated: 5 min ago
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SIOUX FALLS, S.D. (AP) — A South Dakota inmate pleaded guilty Thursday to first-degree murder in the killing of a prison guard during a botched escape attempt. Michael Nordman, 47, pleaded guilty in exchange for a sentence of life in prison for his part in the slaying of Ronald Johnson. First-degree murder with... Read More
ECB keeps interest rates low as recession looms
Updated: 5 min ago
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FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate at a record low of 1 percent on Thursday to help the 17-nation eurozone stave off recession, while its president dodged questions on whether it could help Greece lighten its debt load. Mario Draghi said that for now the ECB sees... Read More
Famed Spain judge convicted of misusing authority
Updated: 21 min ago
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MADRID (AP) — The Spanish judge celebrated for pursuing international human rights cases was convicted of overstepping his jurisdiction in a domestic corruption probe Thursday and barred from the bench for 11 years, completing a spectacular fall from grace for one of Spain's most prominent people. A seven-judge... Read More
MADRID (AP) — The Spanish judge celebrated for pursuing international human rights cases was convicted of overstepping his jurisdiction in a domestic corruption probe Thursday and barred from the bench for 11 years, completing a spectacular fall from grace for one of Spain's most prominent people. A seven-judge... Read More
Stocks rise early after Greek deal, then drop back
Updated: 22 min ago
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NEW YORK (AP) — U.S. stocks opened higher Thursday after Greek leaders agreed to cost-cutting measures that should prevent the country from defaulting on its debt next month. Stocks fell later in the morning. The Dow Jones industrial average pushed to within 75 points of 13,000 but was down 24 points at 12,860... Read More
NEW YORK (AP) — U.S. stocks opened higher Thursday after Greek leaders agreed to cost-cutting measures that should prevent the country from defaulting on its debt next month. Stocks fell later in the morning. The Dow Jones industrial average pushed to within 75 points of 13,000 but was down 24 points at 12,860... Read More
Parole denied for Oklahoma mom serving life sentence
Published: Thu, Feb 9, 2012
CHICKASHA — The Oklahoma Pardon and Parole Board has rejected a parole request from a Grady County woman who was convicted in the death of her 13-month-old daughter. Read More
Kodak to stop making cameras, digital frames
Updated: 35 min ago
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ROCHESTER, N.Y. (AP) — Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more than a century ago. Founded by George Eastman in 1880, Kodak was known all over... Read More
Pepsico to cut 8,700 jobs; 4Q net rises
Updated: 37 min ago
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NEW YORK (AP) — PepsiCo said it plans to cut 8,700 jobs, or about 3 percent of its workforce, as it tries to offset higher costs for ingredients and increased spending on advertising and marketing in North America. The maker of everything from Pepsi soda to Doritos chips said it expects the restructuring will... Read More
NEW YORK (AP) — PepsiCo said it plans to cut 8,700 jobs, or about 3 percent of its workforce, as it tries to offset higher costs for ingredients and increased spending on advertising and marketing in North America. The maker of everything from Pepsi soda to Doritos chips said it expects the restructuring will... Read More
Wholesale inventories rose 1 percent in December
Updated: 37 min ago
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WASHINGTON (AP) — Wholesale businesses increased their stockpiles sharply in December although the gains are expected to slow in coming months, a development that could curb overall economic growth. The Commerce Department said Thursday that wholesale businesses boosted inventories by 1 percent in December after... Read More
WASHINGTON (AP) — Wholesale businesses increased their stockpiles sharply in December although the gains are expected to slow in coming months, a development that could curb overall economic growth. The Commerce Department said Thursday that wholesale businesses boosted inventories by 1 percent in December after... Read More
One dead in Major County crash
Updated: 37 min ago
A Major County crash has claimed one life. The Oklahoma crash was Thursday morning Read More
Oklahoma granted waiver on No Child Left Behind law
Updated: 39 min ago
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WASHINGTON -- Oklahoma is one of ten states that will be granted a waiver on Thursday from some requirements of the education law known as No Child Left Behind, a White House official confirmed.
The state was one of 11 that applied last year for relief from stringent mandates. Oklahoma pledged to the U.S.... Read More
APNewsBreak: Snyder ties school funding to scores
Updated: 51 min ago
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LANSING, Mich. (AP) — Michigan Gov. Rick Snyder is tying lots of strings to the extra cash he's offering public schools, universities and communities in next year's budget. According to a copy of the budget obtained in advance by The Associated Press, school districts would have to show through standardized... Read More
Ford CFO Booth to retire, CEO Mulally staying put
Updated: 51 min ago
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DETROIT (AP) — Two top Ford executives who helped lead Ford's comeback from financial disaster are retiring, but CEO Alan Mulally says he has no plans to leave. Lewis Booth, the company's chief financial officer, and Derrick Kuzak, its global product development chief, will both retire on April 1. Both were once... Read More
DETROIT (AP) — Two top Ford executives who helped lead Ford's comeback from financial disaster are retiring, but CEO Alan Mulally says he has no plans to leave. Lewis Booth, the company's chief financial officer, and Derrick Kuzak, its global product development chief, will both retire on April 1. Both were once... Read More
Syrian forces renew bombardment in Homs
Updated: 51 min ago
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BEIRUT (AP) — Syrian forces fired mortars and rockets that killed scores of people Thursday in the rebellious city of Homs, activists said, the latest strike in a weeklong assault as President Bashar Assad's regime tries to crush increasingly militarized pockets of dissent. During lulls in the onslaught, Syrians... Read More
BEIRUT (AP) — Syrian forces fired mortars and rockets that killed scores of people Thursday in the rebellious city of Homs, activists said, the latest strike in a weeklong assault as President Bashar Assad's regime tries to crush increasingly militarized pockets of dissent. During lulls in the onslaught, Syrians... Read More
Update: Man has been identified as Freddie Earl Johnson, 49
Updated: 51 min ago
A man has been identified who was in a standoff in northeast Oklahoma City. Police arrested him about 7:30 a.m. Read More
A man has been identified who was in a standoff in northeast Oklahoma City. Police arrested him about 7:30 a.m. Read More
Update: Choctaw fire is out
Updated: 1 hr ago
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Two people were injured in a house fire. Read More
Unemployment aid applications near a 4-year low
Updated: 1 hr ago
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WASHINGTON (AP) — The number of people seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue in the coming months. The Labor Department said Thursday that weekly applications for unemployment benefits fell 15,000 to a seasonally adjusted 358,000. That's the... Read More
WASHINGTON (AP) — The number of people seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue in the coming months. The Labor Department said Thursday that weekly applications for unemployment benefits fell 15,000 to a seasonally adjusted 358,000. That's the... Read More
Greek leaders agree to new cuts
Published: Thu, Feb 9, 2012
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ATHENS, Greece (AP) — Greek Prime Minister Lucas Papademos and his coalition partners have struck a deal on new cuts demanded by creditors to secure a vital €130 billion bailout. A spokeswoman for the prime minister's office says the agreement with the majority Socialists and the conservatives will allow... Read More
ATHENS, Greece (AP) — Greek Prime Minister Lucas Papademos and his coalition partners have struck a deal on new cuts demanded by creditors to secure a vital €130 billion bailout. A spokeswoman for the prime minister's office says the agreement with the majority Socialists and the conservatives will allow... Read More
Bank of England backs another stimulus
Updated: 3 hr ago
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LONDON (AP) — The Bank of England is to inject another 50 billion pounds ($79 billion) into the British economy, which contracted in the last three months of 2011 and is likely to face further difficulties as Europe struggles to contain its raging debt crisis. The new stimulus, approved by the nine-member... Read More
Freezing fog Thursday morning and chance of rain in central Oklahoma Thursday afternoon
Published: Thu, Feb 9, 2012
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Freezing fog is possible in the Oklahoma City area Thursday morning, the National Weather Service reports. Read More
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