Stocks buoyed by Summers' withdrawal from Fed race

LONDON — The withdrawal of Lawrence Summers from the race to succeed Ben Bernanke as chairman of the Federal Reserve gave stocks a boost and weighed on the dollar Monday, as investors believe the move will prolong the U.S. central bank's monetary stimulus....

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Mashpee Wampanoags hold groundbreaking for housing

MASHPEE, Mass. — The Mashpee Wampanoag Tribe has broken ground in its first housing development. Tribal leaders held a ceremonial groundbreaking on Sunday for the development expected to be built next spring. The Mashpee Wampanoag Housing Program was...

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Combined net worth of America's richest rises

NEW YORK — Life is good for America's super wealthy. Forbes on Monday released its annual list of the top 400 richest Americans. While most of the top names and rankings didn't change from a year ago, the majority of the elite club's members saw their...

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Mass. gas prices plunge 8 cents per gallon

BOSTON — The price of a gallon of gas in Massachusetts has dropped by 8 cents in the past week, but the cost remains well above the national average. AAA Southern New England reported Monday that self-serve, regular has fallen to an average of $3.58...

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'GTA' creator Rockstar thrives by breaking the law

Rockstar Games doesn't play by the rules. Not that anyone would expect the creators of the massively successful "Grand Theft Auto" franchise to operate like other game designers. And while that's created an undeniable mystique around this week's release...

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Forbes list of top 10 American billionaires

The top 10 people on this year's Forbes 400 list are: — Bill Gates, $72 billion — Warren Buffett, $58.5 billion — Larry Ellison, $41 billion — Charles Koch, $36 billion — David Koch, $36 billion — Christy Walton & family, $35.4 billion — Jim...

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Chocolate coming on next space station delivery

CAPE CANAVERAL, Fla. — A Virginia company makes its debut this week as a space station delivery service. And the lone American aboard the orbiting lab is counting on a fresh stash of chocolate. In an interview Monday with The Associated Press, NASA...

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Oil falls to near $107 on US-Russia deal for Syria

The price of oil fell to near $107 a barrel Monday on waning fears of a wider Middle East conflict thanks to an international deal intended to halt the use of chemical weapons in Syria. The benchmark oil contract for October delivery fell $1.11 to $107.10...

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Grain futures mixed on the CBOT

CHICAGO — Grains futures were higher Monday in early trading on the Chicago Board of Trade. Wheat for December delivery was 4.50 higher at 6.46 a bushel; December corn was 2.50 cents higher $4.6150 a bushel; December oats were unchanged at $3.1225 a...

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FDA halts drugs from top Indian drugmaker's plant

U.S. health regulators have placed a ban on imported drugs from a factory operated by India's largest pharmaceutical company, Ranbaxy Laboratories, due to manufacturing and quality control problems. The import alert, issued Friday by the Food and Drug...

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