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Eurozone Private Sector Slows, Signals Recession

Eurozone Private Sector Slows, Signals Recession

Eurozone private sector activity retreated in March, providing new evidence that the 17-nation single currency area is in recession, a key survey showed on Wednesday. The composite Purchasing Managers Index (PMI) compiled by Markit research firm hit a three-month low,

ADP: US Private-Sector Job Growth Slows in March

ADP: US Private-Sector Job Growth Slows in March

US businesses added fewer jobs than expected in March, though job creation in prior months was revised higher, data from payrolls firm ADP showed Wednesday. The number of jobs in the non farm private business sector increased by a seasonally

Obama to Sign STOCK Act Wednesday

Obama to Sign STOCK Act Wednesday

(AP) Obama to sign bill Wednesday on insider tradingWASHINGTONPresident Barack Obama is ready to sign legislation prohibiting members of Congress, the president and thousands of other federal workers from engaging in insider trading. The bill signing highlights a day in

GOP's McCain to Santorum: Time for 'graceful exit'

GOP's McCain to Santorum: Time for 'graceful exit'

(AP) GOP’s McCain to Santorum: Time for ‘graceful exit’WASHINGTONSen. John McCain says Rick Santorum should recognize “it’s time for a graceful exit” from the Republican presidential campaign in the wake of Mitt Romney’s sweep of primaries in Wisconsin, Maryland and

Treasurer of John Edwards' 2008 campaign resigns

Treasurer of John Edwards' 2008 campaign resigns

(AP) Treasurer of John Edwards’ 2008 campaign resignsBy MICHAEL BIESECKERAssociated PressRALEIGH, N.C.A veteran civil rights lawyer has resigned as treasurer of John Edwards’ 2008 presidential committee, days after the Federal Election Commission upheld a ruling ordering the campaign to repay

Longtime Blagojevich friend gets 2 years in prison

Longtime Blagojevich friend gets 2 years in prison

(AP) Longtime Blagojevich friend gets 2 years in prisonBy MICHAEL TARMAssociated PressCHICAGOA judge Tuesday handed a two-year sentence to former Illinois Gov. Rod Blagojevich’s law school roommate-turned-top aide who provided devastating testimony that helped send his old friend to prison.

S. Korea set to elect first defector lawmaker

S. Korea set to elect first defector lawmaker

Less than a year after becoming the first North Korean defector to take a senior government post in South Korea, Cho Myung-Chul is set to win office as the country’s first defector lawmaker. Cho, who is standing for the ruling

N. Korean defectors holed up in China arrive in Seoul

N. Korean defectors holed up in China arrive in Seoul

China has allowed five North Korean defectors to leave for South Korea after they spent months or years holed up in Seoul’s Beijing embassy to avoid arrest, media reports said Wednesday. Chosun Ilbo newspaper, citing a Seoul diplomatic source, said

Asia stocks slump on US job growth worries

Asia stocks slump on US job growth worries

(AP) Asia stocks slump on US job growth worriesBy PAMELA SAMPSONAP Business WriterBANGKOKAsian stock markets followed Wall Street into negative territory Wednesday after the U.S. Federal Reserve voiced concern about U.S. job growth but appeared to refrain from taking steps

Romney: Obama out of touch, surrounded by 'true believers'

Romney: Obama out of touch, surrounded by 'true believers'

(AP) Romney: Obama surrounded by ‘true believers’KASIE HUNTAssociated PressMILWAUKEERepublican presidential candidate Mitt Romney assailed President Barack Obama as an “out of touch” liberal Tuesday night as he looked past three primary victories and toward the fall’s general election. Romney’s decisive

Country Star George Jones Released from Hospital

(AP) Country star George Jones released from hospital NASHVILLE, Tenn. Country music legend George Jones is out of the hospital after nearly a week of treatment for an upper respiratory infection. A statement from Jones’ publicist, Kirt Webster, says Jones

IMF chief calls on US for bailout cash

IMF chief calls on US for bailout cash

IMF managing director Christine Lagarde implored the United States to help back-stop debt-ridden European countries, wading neck-deep into bubbling US political waters. Speaking in the US capital, Lagarde said the 187-nation International Monetary Fund needed more firepower to tackle financial

Libyan airlines banned from flying to EU

Libyan airlines banned from flying to EU

All Libyan airlines and Venezuelan carrier Conviasa were banned from flying into the 27-nation European Union due to safety concerns. The Venezuelan company was added to a blacklist of airlines with poor safety records while Libya decided, in consultation with

First US Marines deployed to Australia

First US Marines deployed to Australia

The first contingent of up to 2,500 US Marines to be deployed in Australia were settling in Wednesday as Washington bolsters its military presence in the strategically vital region. Some 200 Marines touched down in Darwin overnight as part of

Olbermann Calls Self '$10 Million Chandelier'

Olbermann Calls Self '$10 Million Chandelier'

(AP) Olbermann says Current TV wasn’t the home for himBy LYNN ELBERAP Television WriterLOS ANGELESKeith Olbermann is explaining his split with Current TV in decorating terms. In an interview Tuesday with David Letterman for CBS’ “Late Show,” Olbermann compared himself

Burger King ad with Blige stirs criticism

Burger King ad with Blige stirs criticism

(AP) Burger King ad with Blige stirs criticismBy NEKESA MUMBI MOODYAP Music WriterNEW YORK A Burger King commercial featuring Mary J. Blige singing about chicken has been pulled. But the fast-food chain is blaming music licensing issues for the decision,

Trump says transgender hopeful can enter pageant

Trump says transgender hopeful can enter pageant

(AP) Trump says transgender hopeful can enter pageantBy ROBERT JABLONAssociated PressLOS ANGELESDonald Trump wished a transgender woman who wants to be Miss Universe good luck on Tuesday as his organization said she can vie for Canada’s spot in the pageant.

Romney Sweeps Through Maryland, D.C., Wisconsin

Romney Sweeps Through Maryland, D.C., Wisconsin

Mitt Romney has won the Republican primary elections in Maryland and the District of Columbia, results and exit polls show. Votes are still being counted in Wisconsin, which remains too close to call. Rick Santorum, who is contesting the Wisconsin

France fears Al-Qaeda allied to Mali rebels

France fears Al-Qaeda allied to Mali rebels

France fears the Tuareg rebellion that has just seized control of half of Mali is increasingly dominated by Islamists that are “closely tied” to Al-Qaeda, Foreign Minister Alain Juppe said Tuesday. In an interview with AFP, Juppe urged the UN