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  • Companies in Europe pledge 100K new youth jobs

    VEVEY, Switzerland (AP) — Some 200 companies on Thursday pledged to create new work and training opportunities for Europe's young jobseekers, of which one out of four is unemployed. The alliance of major companies set a goal of creating tens of thousands in additional jobs — or apprenticeships...

  • Bloomberg, Buffett to attend small business event

    DETROIT (AP) — A group of political and business heavyweights will attend a celebration in Detroit for local graduates of a national small business program. Gov. Rick Snyder and Mayor Mike Duggan will join former New York Mayor Michael Bloomberg, billionaire investor Warren Buffett and others...

  • Flint authorities investigate theft of water

    FLINT, Mich. (AP) — Flint authorities say they're investigating about 50 cases of water service theft and they're cracking down on those responsible. Flint police Chief James Tolbert announced Wednesday that retired police official Marcus Mahan has been hired to investigate water theft. The...

  • New central bank stimulus launched for eurozone

    FRANKFURT, Germany (AP) — The European Central Bank has launched its new stimulus program aimed at boosting lending to businesses and getting a slack economy moving. The uptake for the loans to banks, however, was less than expected. The central bank for the 18-country eurozone handed out 82.6...

  • World stocks higher after Fed as Scotland votes

    SEOUL, South Korea (AP) — World stock markets were mostly higher Thursday as Scotland voted in an independence referendum that could shake U.K. markets. Sentiment was underpinned by the Federal Reserve's signal it is not rushing to raise interest rates. KEEPING SCORE: Britain's FTSE 100 added...

  • Horse power gains favor among small-scale farmers

    MARATHON, N.Y. (AP) — While most modern farmers work their fields with a rumbling tractor, sheep farmer Donn Hewes labors to the jingling of harnesses in rhythm with the hoofbeats of horses and mules. He's one of a growing number of small-scale farmers dedicated to keeping alive the teamster's...

  • Alibaba post-IPO structure gives insiders control

    BEIJING (AP) — Control over Alibaba Group will stay in the hands of founder Jack Ma and other company veterans after the Chinese e-commerce giant goes public on the New York Stock Exchange in a record busting share sale. A group of 27 managers dubbed the "Alibaba Partnership" will have the...

  • Detroit Edison dedicating Echo Wind Park

    OLIVER TOWNSHIP, Mich. (AP) — DTE Energy Co. is holding a formal opening ceremony for a Michigan wind park after problems with turbine blades delayed its launch. The power company will be holding a dedication Thursday morning for Echo Wind Park in the Thumb's Huron County. The 16,000-acre...

  • Most Purdue students optimistic about technology

    WEST LAFAYETTE, Ind. (AP) — A poll of Purdue University students has found that most of them believe technology will improve their lives despite worries that it could limit their online privacy. The survey of 750 students was conducted ahead of a Thursday summit on the West Lafayette campus...

  • Hyundai to pay $10B for land in Gangnam district

    SEOUL, South Korea (AP) — A consortium led by Hyundai Motor Co. offered 10.55 trillion won ($10.1 billion) for land in Seoul's tony Gangnam district where it will build a new headquarters. The sky high price surprised shareholders who sent the automaker's shares down nearly 10 percent. The...

  • Alibaba symbol of China's new tech giants

    BEIJING (AP) — Alibaba Group's U.S. stock offering is a wakeup call about an emerging wave of technology giants in China's state-dominated economy. Until now, Chinese companies that made a splash in global stock markets were state-owned banks and oil companies. But they are big by decree, not...

  • Callon Petroleum raises $122M from stock sale

    NATCHEZ, Miss. (AP) — Callon Petroleum Co. has raised $122 million from a stock sale, with plans to use the proceeds to pay for new oil and gas properties it plans to buy in the Permian Basin of west Texas. The Natchez-based company announced Monday it has sold 14.38 million shares at $9 per...

  • Community Health plans $175M hospital expansion

    INDIANAPOLIS (AP) — Community Health Network is planning to spend $175 million overhauling its hospital on the Indianapolis east side. The Indianapolis Business Journal reports (http://bit.ly/1qLUBw2) the hospital plans to begin work in the fall on an expanded emergency room and increased...

  • EU court OKs airlines' right to charge for luggage

    BRUSSELS (AP) — The European Union's highest court says airlines are allowed to charge passengers an extra fee for checking in luggage. The Court of Justice ruled Thursday that "checked-in baggage cannot be considered to be compulsory or necessary" for carrying passengers, thus granting...

  • Asian stocks mostly down after Fed meeting

    SEOUL, South Korea (AP) — Asian stock markets mostly fell Thursday after the U.S. Federal Reserve increased its estimate for the level of the central bank's benchmark interest rate by the end of 2015, surprising investors who expected a slower pace of rate hikes. KEEPING SCORE: Hong Kong's Hang...



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