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Business News
Oil jumps 10 percent for biggest one-day gain since 2008
NEW YORK (AP) -- Oil soared to its biggest one-day gain since 2008, lifted by resurgent global stock markets and a report showing the U.S. economy grew faster than previously reported in the second quarter....
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US stocks extend recovery after Chinese market surges
U.S. stocks surged Thursday afternoon, putting them on course to rack up big gains for a second straight day, as investors took advantage of this month's sell-off to add to their holdings. The stock market is rebounding from a sharp six-day slump that was triggered by concerns about the health of the Chinese economy....
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McDonald's, Tyson cut ties with farmer tied to abuse video
NEW YORK (AP) -- McDonald's and its supplier Tyson Foods say they've cut ties with a chicken farmer after an advocacy group released a video taken with a hidden camera that the group said showed abusive practices at its farm....
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The US economy's second quarter went from solid to stellar
WASHINGTON (AP) -- The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds....
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A look at Macy's outlet stores
NEW YORK (AP) -- Macy's has an answer to T.J. Maxx and other stores that sell deeply discounted designer brands....
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