Turkey fans are 'Turketarian' in Butterball's ads

NEW YORK — Are you a "Turketarian"? Trying to get the word out that Butterball makes more than just the big bird on Thanksgiving Day, Butterball is launching two TV ads that showcase its range of products from turkey sausage to turkey burgers and focus...

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Yellen foresees continued low borrowing rates

WASHINGTON — Federal Reserve Chair Janet Yellen said Wednesday that the U.S. economy is improving but noted that the job market remains "far from satisfactory" and inflation is still below the Fed's target rate. Speaking to Congress' Joint Economic...

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Tech jitters continue to weigh on world stocks

LONDON — Jitters over the valuations of technology companies weighed on markets on Wednesday until fairly dovish remarks from Federal Reserve chair Janet Yellen helped shore up the mood. Investors in Internet company shares remained cautious after sharp...

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Behind Alibaba IPO is unlikely China success story

HONG KONG — The mammoth IPO planned by e-commerce giant Alibaba Group highlights founder Jack Ma's improbable rise to China's entrepreneur-in-chief. Ma, a former English teacher who flunked his college entrance exam twice, founded Alibaba in his apartment...

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Siemens CEO shakes up company to raise profits

FRANKFURT, Germany — German industrial equipment maker Siemens AG has launched a sweeping restructuring to raise disappointing profits and better compete with peers such as General Electric. The company said Wednesday it is knocking out a layer of upper...

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US productivity fell at 1.7 percent rate in 1Q

WASHINGTON — U.S. productivity fell in the first quarter while labor costs rose, reflecting the economic slowdown caused at the start of the year by harsh winter weather. The Labor Department said Wednesday that productivity declined at an annual rate...

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LevelUp moves to new office, adding employees and partners

Update: A previous version of this story incorrectly stated LevelUp had 200,000 monthly active users in 2012. That number referred to the total number of users who had used the service by August 2012, who at the time were described as active users. ...

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US stocks turn lower, erasing an early gain

NEW YORK — The stock market is turning lower in morning trading, erasing an early gain. Whole Foods plunged after cutting its profit forecast. KEEPING SCORE: The Standard & Poor's 500 index fell four points, or 0.2 percent, to 1,864 an hour after...

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Raids target synthetic drugs, sellers across US

WASHINGTON — The Drug Enforcement Administration on Wednesday broadened its national crackdown on synthetic drug manufacturers, wholesalers and retailers as federal agents served hundreds of search and arrest warrants in at least 25 states. Agents served...

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US stocks are mostly higher in early trading

NEW YORK — Stocks are mostly higher in early trading as more U.S. companies report positive earnings surprises. The Standard & Poor's 500 index rose four points, or 0.2 percent, to 1,872 in the first few minutes of trading Wednesday. The Dow Jones...

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