Fears Fed could speed taper pushes weigh on stocks

PARIS — Fears that the U.S. Federal Reserve could rein in its stimulus more aggressively than previously weighed on stocks Wednesday. Payroll processor ADP said Wednesday that companies added 238,000 jobs in the U.S. in December, up slightly from 229,000...

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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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Probe: $27B in wasteful health-care spending in Mass. in 2012

More than one-third of health care spending in Massachusetts is wasteful, squandered on unnecessary hospital readmissions and emergency room visits, according to detailed new report released today. Wasteful spending in 2012 may have amounted to almost...

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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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Germans defend exports as US Treasury's Lew visits

BERLIN — Germany's finance minister dismissed criticism of his country's export strength as his U.S. counterpart pressed for Europe's biggest economy to do more to fuel domestic demand. Germany has long faced criticism from the U.S. and others for relying...

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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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Pa. pizza shop delivers medicines during cold snap

LIGONIER, Pa. — A western Pennsylvania pizza shop has been delivering prescription medicines and other supplies to ill and elderly residents so they don't have to go outside in the bitter cold. Tom Wynkoop, owner of Fox's Pizza Den in Ligonier, tells...

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Your next TV: Will it be Ultra HD?

LAS VEGAS — After attempts to hawk 3-D and OLED TVs fizzled in recent years, television manufacturers are taking small steps toward making a new technology, Ultra HD, more viable for mainstream consumers. It's the first TV format to be driven by the...

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Ga. banker accused of stealing millions seeks bond

STATESBORO, Ga. — A judge must decide whether a former Georgia banker accused of stealing millions from investors should be freed on bond after he spent the past 18 months eluding authorities. Aubrey Lee Price is scheduled to appear Wednesday for a...

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Stocks mixed as investors wait on the Fed

NEW YORK — Stocks were mixed in morning 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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