US stocks are little changed after jobs survey

NEW YORK — Stocks opened little changed Wednesday after a survey showed that U.S. companies added slightly more jobs in February than in the previous month. The Standard & Poor's 500 surged to an all-time high a day earlier with its biggest gain...

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Former IRS official refuses to testify at hearing

WASHINGTON — The former Internal Revenue Service official at the heart of the agency's tea party scandal once again refused to answer questions at a congressional hearing Wednesday that quickly devolved into political bickering between Democrats and...

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Top 10 carmakers sitting on $221 billion in cash

GENEVA — A new study shows that the top 10 global automakers amassed more than $221 billion (161 billion euros) in cash by the end of 2013 to invest in new products, strategic alliances and other growth strategies. Global consultancy EY said Wednesday...

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Wind project generates cash for on Maine town

OAKFIELD, Maine — A Maine town has received the first of payments that will amount to millions of dollars from an agreement with a renewable energy company. First Wind said Tuesday that it has paid the town of Oakfield $600,000 as part of an agreement...

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EU freezes assets of Ukrainians for fund misuse

BRUSSELS — The European Union says it is freezing the financial assets in Europe of 18 people held responsible of misusing state funds in Ukraine. The EU's 28 foreign ministers approved the list of names Wednesday. The identity of those targeted was...

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Target tech chief resigns as it overhauls security

NEW YORK — Target Corp. says Chief Information Officer Beth Jacob is resigning effective Wednesday as the retailer overhauls its information security and compliance division in the wake of a massive data breach. In a statement released to the Associated...

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US stocks are little changed after payroll survey

NEW YORK — Stocks are little changed in early trading, a day after setting a record high, as traders were unimpressed by a slight increase in hiring at private companies last month. The Standard & Poor's 500 index was flat at 1,874 shortly after...

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EU ready to provide Ukraine aid worth $15 billion

BRUSSELS — The European Union is ready to give Ukraine 11 billion euros ($15 billion) in loans and grants over the coming years to help stabilize its economy, the head of the bloc's executive arm said Wednesday. The aid comes on top of $1 billion in...

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Survey: US companies add 139,000 jobs in February

WASHINGTON — A private survey shows that U.S. companies added slightly more jobs in February than in the previous month, but harsh winter weather still weighed on hiring. Payroll processor ADP said Wednesday that businesses added 139,000 jobs last month,...

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Jack Daniel's spikes Brown-Forman 3Q profit

LOUISVILLE, Ky. — Brown-Forman Corp.'s whiskey lineup, led by its flagship Jack Daniel's brand, stirred a 12 percent increase in third-quarter net income as the spirits maker reported broad sales gain in the U.S. and overseas. The company behind such...

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