Napster co-founder to invest in allergy research

SAN FRANCISCO — Napster co-founder Sean Parker missed most of his final year in high school and has ended up in the emergency room countless of times because of his deadly allergy to nuts, shellfish and other foods. Now that the former Facebook president...

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Russians flock to stores to pre-empt price rises

MOSCOW — Russian consumers flocked to the stores Wednesday, frantically buying a range of big-ticket items to pre-empt the price rises kicked off by the staggering fall in the value of the ruble in recent days. As the government considered ways to ease...

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Fed pondering change in rate hike signals

WASHINGTON — The U.S. economy is finally doing better, and the Federal Reserve may be ready to acknowledge that fact. In a statement it will issue Wednesday after two days of discussion, the Fed may no longer say it plans to keep a key interest rate...

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Russians rush to stores to pre-empt price rises

MOSCOW — Russian consumers flocked to stores Wednesday, frantically buying a range of big-ticket items as they looked to pre-empt price rises following the staggering fall in the value of the ruble over recent days. As the government looked at ways...

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US current account deficit rises to $100.3 billion

WASHINGTON — The U.S. current account trade deficit widened slightly in the July-September quarter, largely due to foreign institutions paying less in fines and penalties to the U.S. government. The Commerce Department says the deficit in the current...

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US current account deficit rises to $100.3 billion

WASHINGTON — The U.S. current account trade deficit widened slightly in the July-September quarter, largely due to foreign institutions paying less in fines and penalties to the U.S. government. The Commerce Department said Wednesday that the deficit...

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US consumer prices fell 0.3 percent in November

WASHINGTON — Plunging gasoline costs pulled U.S. consumer prices lower in November, muting inflation across the entire economy. The Labor Department said Wednesday the inflation reading fell a seasonally-adjusted 0.3 percent last month, after prices...

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Pampered pets that don duds move to the mainstream

LOS ANGELES — These clothing designers have to think about pattern, fabric and fit — as well as where to put the poo bags. Creating on-trend outfits is a whole different animal for pet fashion designers, whose work is becoming mainstream as animal lovers...

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US stocks open higher before Fed statement

NEW YORK — U.S. stocks opened higher Wednesday after a string of losses. Energy stocks led the gains despite the ongoing slump in oil prices. KEEPING SCORE: The Standard & Poor's 500 index rose 12 points, or 0.7 percent, to 1,987 as of 10:01 a.m....

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UK proposes rules for embryos made from 3 people

LONDON — New rules proposed in Britain would make it the first country to allow embryos to be made from the DNA of three people in order to prevent mothers from passing on potentially fatal genetic diseases to their babies. In a statement issued on...

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