UN condemns terrorist oil sales from Iraq, Syria

UNITED NATIONS — The U.N. Security Council is strongly condemning any sale of oil from Syria or Iraq by terrorist groups and is reminding all countries that buying this illegally obtained oil violates U.N. sanctions. A presidential statement approved...

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Virgin America files plans for IPO

NEW YORK — Virgin America's next destination is Wall Street. The California-based airline filed on Monday for an initial public offering of shares. Virgin America Inc., which operates out of Los Angeles and San Francisco, flies to 22 airports in the...

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Fox Sports Digital, Sporting News join in digital partnership

Fox Sports Digital and Sporting News Media said they would share content and traffic across their top sports properties, including FoxSports.com, SportingNews.com and Goal.com The partnership's projected reach is expected to be a minimum of 55 million...

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US stocks head lower; European markets sink

NEW YORK — The US stock market sank in early trading Monday, ahead of a full week of economic reports and earnings. Major indexes turned lower following a report of sluggish sales in the housing market. In Europe, concerns about the economic cost of...

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Red Lobster tries acting like a fancier restaurant

NEW YORK — Red Lobster wants to be seen as a purveyor of quality seafood, so it's getting rid of some of its promotional discounts and plating dishes higher as is the style at fancy restaurants. The changes mark the latest attempt by the struggling...

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Lloyds bank settles with US, UK over market fixing

LONDON — Lloyds Banking Group is paying $369 million to U.S. and British authorities to settle allegations it manipulated a key global interest rate. Lloyds, one of the world's largest banks, on Monday became the sixth financial firm sanctioned in the...

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Tyson to sell Mexico, Brazil poultry operations

SPRINGDALE, Ark. — Tyson Foods plans to sell its poultry businesses in Mexico and Brazil for $575 million in cash to help pay debt from its recently announced acquisition of Hillshire Brands. The Springdale, Arkansas, meat processor said Monday that...

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US companies increasingly fish for growth overseas

SAN FRANCISCO — Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home. Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings...

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Deal on veterans' health care costs at least $15B

WASHINGTON — A bipartisan deal to improve veterans health care would authorize at least $15 billion in emergency spending to fix a veterans health program scandalized by long patient wait times and falsified records covering up delays. Congressional...

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Dollar Tree steps up fight, buys Family Dollar

NEW YORK — The fight for penny pinchers is intensifying. Dollar Tree said Monday it is buying rival discounter Family Dollar for $8.5 billion, significantly broadening its reach as it looks to fend off Wal-Mart, which has been stepping up its courtship...

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