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Whole Foods: Sales hurt by bad publicity from overcharging

AP Photo/Julie Jacobson NEW YORK (AP) — Whole Foods is feeling pinched after New York City officials found it was overcharging customers. The grocery chain known for its organic offerings said Wednesday that sales growth slowed sharply at established locations in the last...
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Ford F-150 gets mixed crash test results

DETROIT (AP) — Ford’s new aluminum-sided F-150 pickup saw mixed results in new crash tests by the insurance industry, and the damaged trucks cost more to repair than steel-bodied ones. The four-door Super Crew version of the 2015 F-150 got top ratings in all five of...
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Lew informs Congress he extending debt-limit measures

WASHINGTON (AP) — Treasury Secretary Jacob Lew told Congress on Wednesday that he will extend for another three months the authority he is using to take emergency measures to keep from breaching the nation’s borrowing limit. In a letter to congressional leaders, Lew...
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FTC investigating online college University of Phoenix

WASHINGTON (AP) — The University of Phoenix, an online college popular among military veterans, is under federal investigation for possible deceptive or unfair business practices, its parent company the Apollo Education Group announced Wednesday. The for-profit, publicly...
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Stocks end higher after Fed keeps interest rates unchanged

AP Photo/Richard Drew NEW YORK (AP) — U.S. stocks rose on Wednesday after Federal Reserve policymakers voted to keep interest rates unchanged and gave no indication that a rate rise was imminent. A modest rebound in Chinese stocks also helped push the market higher. The Dow...
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Facebook stock slides even as 2Q results soar

AP Photo/Jeff Chiu NEW YORK (AP) — Facebook surpassed expectations on all fronts in the second quarter, growing not just profit and revenue but its already-massive user base, mobile advertising and usage of its “family” of non-Facebook apps like Instagram and...
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Tesla offers 1st incentive in owner referral program

DETROIT (AP) — Electric car maker Telsa Motors Inc. is offering its first incentive, $1,000 to new-car buyers who are referred by current Tesla owners. Owners who make a referral also will get $1,000 in their Tesla account that can be spent on a car purchase, service or...
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French, German tank makers sign tie-up agreement

AP Photo/Kamil Zihnioglu PARIS (AP) — French and German executives from two of Europe’s leading armored vehicle makers signed a long-awaited merger deal Wednesday aimed at creating a new European champion in the $50 billion annual terrestrial defense market. The...
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Boehner backs push to export US crude oil

WASHINGTON (AP) — House Speaker John Boehner says he supports a push by U.S. oil companies to ship their crude oil overseas and lift a decades-long ban on exports. The Ohio Republican said the change would be a boon for the economy, creating up to a million jobs and...
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Twitter stock plunges as user growth stalls

NEW YORK (AP) — Tepid user growth and ongoing uncertainty about its leadership are dragging Twitter’s stock to its lowest level in over a year even though the short-messaging service reported sharply quarterly higher revenue. Co-founder Jack Dorsey, who replaced Dick...