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Earl weakens but still powerful as it smacks NC

By MIKE BAKER — Fri, 03 Sep 2010 03:01:54 +0000

By MIKE BAKER 2010-09-03T03:01:54Z

BUXTON, N.C. (AP) -- The last ferry left for the mainland and coastal residents hunkered down at home as Hurricane Earl closed in with 105 mph winds Thursday on North Carolina's dangerously exposed Outer Banks, the first and perhaps most destructive stop on the storm's projected journey up the Eastern Seaboard....

Funk band War tells PepsiCo they’re not friends

By EMILY FREDRIX — Fri, 03 Sep 2010 02:55:07 +0000

By EMILY FREDRIX 2010-09-03T02:55:07Z

NEW YORK (AP) -- Members of the original funk band War say they can't be friends with PepsiCo....

Discounts spur surprising Aug. retail sales gains

By ANNE D'INNOCENZIO — Fri, 03 Sep 2010 02:42:45 +0000

By ANNE D'INNOCENZIO 2010-09-03T02:42:45Z

NEW YORK (AP) -- This year's back-to-school season isn't as big a bust for retailers as they feared - or as last year's - but it's not great either....

Oil platform explodes off La. coast; crew rescued

By ALAN SAYRE — Fri, 03 Sep 2010 02:41:35 +0000

By ALAN SAYRE 2010-09-03T02:41:35Z

NEW ORLEANS (AP) -- An oil platform exploded and burned off the Louisiana coast Thursday, the second such disaster in the Gulf of Mexico in less than five months. This time, the Coast Guard said there was no leak, and no one was killed....

Most Asian stocks rise on improving US data

AP Top Business News At 11 p.m. EDT — Fri, 03 Sep 2010 02:30:35 +0000

By 2010-09-03T02:30:35Z

TOKYO (AP) -- Most Asian stock markets climbed Friday as investors took heart from improving U.S. housing and jobs data amid lingering worries over the pace of the global economic recovery....

Calderon: Violence price worth paying in drug war

By ALEXANDRA OLSON — Fri, 03 Sep 2010 02:25:08 +0000

By ALEXANDRA OLSON 2010-09-03T02:25:08Z

MEXICO CITY (AP) -- President Felipe Calderon tried to rally frustrated Mexicans behind his increasingly bloody drug war Thursday, saying he knows violence has surged under his watch, but arguing that it is the price of confronting powerful and brutal cartels....

Dell’s enterprise challenge remains after 3Par

By JESSICA MINTZ — Fri, 03 Sep 2010 01:48:51 +0000

By JESSICA MINTZ 2010-09-03T01:48:51Z

SEATTLE (AP) -- Dell Inc. doesn't have to start over in its quest to become a significant purveyor of technology for businesses after losing a multibillion dollar bidding contest for an obscure data-storage maker....

HP wins 3PAR for $2.4 billion as Dell drops out

Reuters: Business News — Fri, 03 Sep 2010 01:20:24 +0000

NEW YORK (Reuters) - Hewlett-Packard Co won the bidding war to buy data storage company 3PAR Inc for $2.4 billion, as rival Dell Inc bowed out on Thursday.

Murdoch: Global economy is still not out of turmoil

Reuters: Business News — Fri, 03 Sep 2010 00:41:12 +0000

NEW YORK (Reuters) - News Corp Chief Executive Rupert Murdoch said the global economy is still in an uncertain state and the media industry is going through a fundamental transformation that is unpredictable

Comfort Inn a hurricane hostel in NC

By MIKE BAKER — Fri, 03 Sep 2010 00:38:07 +0000

By MIKE BAKER 2010-09-03T00:38:07Z

BUXTON, N.C. (AP) -- A two-story Comfort Inn has become a makeshift hurricane hostel on North Carolina's Outer Banks for those who want to stay close to their homes but know they need better shelter from the outslaught of Earl....