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World - North Korea calls US `graveyard of human rights`

SEOUL, South Korea (AP) — North Korea is saying the police shooting of an unarmed black 18-year-old in Ferguson, Missouri, is evidence that the United States is a `graveyard of human rights.`

Wednesday, August 27, 2014  12:04


World - Former UK PM Brown sets aside feud to try to keep Scotland in UK

Former British prime minister Gordon Brown will set aside a long-running feud on Wednesday to make his first public appearance with Alistair Darling, the leader of the campaign to keep Scotland part of the United Kingdom. With three weeks to go before a historic independence referendum on Sept. 18, the two Labour party politicians, who fell out while in government from 2007-10, will appear in Dundee to argue that Scotland would be better off staying in the UK. The joint appearance by two of Scotland`s most high-profile politicians comes as postal voting gets underway and as the campaign ratchets up with independence supporters struggling to catch up with their rivals in the polls even though their leader, Alex Salmond, won a final TV debate on Monday. Anti-independence `Better Together` campaign director Blair McDougall urged postal voters to focus on the uncertainty that a vote for independence would bring with no clear decision on what currency would be used and warned of the possible impact on pensions and public services.

Wednesday, August 27, 2014  10:58


World - Demonstrations resume in Missouri over shooting death of black teen

By Edward McAllister ST. LOUIS (Reuters) - More than 100 demonstrators marched peacefully in St. Louis on Tuesday demanding the arrest of a white police officer who shot and killed an unarmed black teenager in Ferguson, Missouri. The death of Michael Brown, 18, focused global attention on the state of race relations in the United States and evoked memories of other racially charged cases, including the fatal shooting of Trayvon Martin, a 17-year-old African-American, in Florida in 2012. Family and supporters of Brown celebrated his life on Monday at a music-filled funeral service at a St. Louis church that rang with calls for peace and police reforms. The Aug. 9 shooting sparked two weeks of demonstrations, some with violent clashes and scores of arrests, in which protesters demanded Ferguson Police Officer Darren Wilson be charged in Brown`s death.

Wednesday, August 27, 2014  02:21


Business - Dollar stores in battle to double down on the poor

He searches for those savings during his daily visits to the Family Dollar Store near his home in Fraser, Michigan, sometimes stopping by as many as 10 times a week `if there are things I need,` said the 51-year-old home care provider. The small but frequent purchases of low-income customers such as Ware add up: Family Dollar Stores,, which operates about 8,200 stores in mainly urban sections of the U.S., is the target of an $9 billion cash takeover offer from rival Dollar General and an $8.5 billion cash and stock offer from Dollar Tree. Mid-market retailers like Wal-Mart Stores Inc, Macy`s Inc and J.C. Penney Company Inc have been struggling in recent years as consumers have been slow to return to their pre-recession, freer spending ways. Such forecasts help explain the battle over Family Dollar, the number-two deep discount chain.

Sunday, August 24, 2014  13:32


Business - Sears posts loss for 9th straight qtr as sales fall again

(Reuters) - Sears Holdings Corp , owner of Sears department stores and the Kmart discount chain, reported its ninth straight quarterly loss as sales continued to shrink, sending its shares down 5 percent in light premarket trading. The company, controlled by hedge fund manager Eddie Lampert, said quarterly revenue fell 9.7 percent, reflecting the impact of the separation of its Lands` End clothing business, store closures and sales declines at Sears Canada Inc . Sears had 2,302 stores in the country as of Aug. 2, of which 1,077 were Kmarts. The company`s sales have been falling since 2005 amid stiff competition from retailers such as Target Corp , Wal-Mart Stores Inc and Home Depot Inc .

Thursday, August 21, 2014  13:01


Business - Staples says weakness in core office supplies hurting sales

(Reuters) - Staples Inc warned that its sales could fall in the current quarter as it sells fewer computers and core office supplies such as ink and toner in North America amid stiff competition from online retailers and big-box chains. The company has been spending heavily on advertising to promote itself as a seller of products other than traditional office supplies. It has also been investing to boost its online business. Staples is facing increased competition from mass merchants such as Wal-Mart Stores Inc and online retailers such as Inc , which offer cheaper products.

Wednesday, August 20, 2014  12:15


Business - Wal-Mart: Try, try again

NEW YORK (AP) — Wal-Mart thought shoppers would like the opportunity to use a smartphone app to scan items they want to buy as they walk through store aisles. In theory, they could speed through self-checkout.

Wednesday, August 20, 2014  04:00


Business - Allergan, facing shareholder demands, calls special meeting for December 18

(Reuters) - Allergan Inc said on Tuesday that it has scheduled a special shareholders meeting for Dec. 18, when activist investor Bill Ackman, who supports a hostile bid for the company by Valeant Pharmaceuticals Inc, will attempt to oust most of its board. Although Allergan set a date for the meeting, it said in a Delaware court filing that it will review the validity of the shareholder requests for the meeting on Sept. 4. California-based Allergan, the maker of Botox anti-wrinkle skin injections, is trying to fend off a $49 billion hostile takeover by Canada`s Valeant. Ackman`s Pershing Square Capital Management, Allergan`s biggest shareholder, hopes to see a revamped Allergan board that would be willing to negotiate with Valeant.

Tuesday, August 26, 2014  22:38


World - Egypt road crash kills 18 in ancient city of Luxor

LUXOR, Egypt (AP) — Two microbuses racing down a narrow rural road in near Egypt`s ancient city of Luxor collided and plunged into a canal early on Tuesday, killing 18 passengers, including eight children and four women, local officials said.

Tuesday, August 26, 2014  13:15


World - 18 bodies found as Italy rescues 3,500 migrants

ROME (AP) — Italian authorities have discovered 18 bodies in a boat of migrants as rescue operations went into overdrive this weekend, with 3,500 would-be refugees picked up at sea.

Sunday, August 24, 2014  13:32

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