Markets subdued ahead of expected Fed tapering

LONDON — The mood in financial markets Wednesday was subdued ahead of a crucial policy statement from the U.S. Federal Reserve. The Fed is widely expected to begin reducing its monetary stimulus when it concludes its two-day policy meeting later. Since...

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Hugging Elmo, bracelet loom on Toys R Us hot list

Will your kids be clamoring for an Elmo that gives hugs, a loom that lets you make rubber bracelets or a kid-size go-cart this holiday? Those and others have made Toys R Us' annual list of "hot" toys that the company is betting kids will want around...

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BlackBerry unveils new Z30 smartphone

NEW YORK — Struggling smartphone maker BlackBerry has unveiled its new Z30, touting it as the company's biggest, fastest and most advanced smartphone. The all-touch smartphone comes with a 5-inch display and BlackBerry's largest battery so far. BlackBerry...

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Swisscom says paper got 4 files with internal data

GENEVA — Four of Swisscom's internal data files were leaked to a top newspaper in what appears to be a criminal act, the telecommunications company said Wednesday. Zurich daily Neue Zuercher Zeitung reported that it received the leaked electronic files...

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2nd private company rockets toward space station

A commercial cargo ship made its successful debut Wednesday, rocketing toward the International Space Station and doubling the number of NASA's private suppliers for the high-flying lab. Orbital Sciences Corp. launched its first-ever supply ship from...

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Court decides if gay juror can be taken off case

SAN FRANCISCO — A multibillion dollar case between two giant pharmaceutical companies grappling over arcane antitrust issues has unexpectedly turned into a gay rights legal imbroglio that raises questions over whether lawyers can bounce potential jurors...

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Grain futures mixed on the CBOT

CHICAGO — Grains futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for December delivery was unchanged at 6.43 a bushel; December corn was 1.50 cents higher at $4.5550 a bushel; December oats were unchanged at $3.0675...

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Obama asks CEOs to help ease budget fight with GOP

WASHINGTON — President Barack Obama, facing a budget showdown with Congress, called on some of the nation's top corporate executives Wednesday to use their influence with Congress to avoid a potentially damaging confrontation over the nation's debt ceiling....

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CEOs less optimistic about the US economy

NEW YORK — U.S. chief executives are less optimistic about the economy, according to a survey released Wednesday. The survey also indicates that disagreements over the 2014 budget and raising the debt ceiling in Washington are making them cautious about...

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AP sources: A revised GOP attack on 'Obamacare'

WASHINGTON — House GOP leaders Wednesday announced that they will move quickly to raise the government's borrowing cap by attaching a wish list of GOP priorities like blocking "Obamacare," forcing construction of the Keystone XL pipeline and setting...

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