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Stricken Japan nuke plant struggles to keep staff
FILE - In this Saturday, Nov. 12, 2011 file photo, workers in protective suits and masks wait to enter the emergency operation center at the crippled Fukushima Dai-ichi nuclear power station in Okuma, Japan. Tokyo Electric Power Co., the utility that runs the Fukushima Dai-ichi plant that melted down in March 2011 after being hit by a tsunami, is finding that it can barely meet the headcount of workers required to keep the three broken reactors cool while fighting power outages and leaks of tons of radiated water, said current and former nuclear plant workers and others familiar with the situation at Fukushima. (AP Photo/David Guttenfelder, Pool)TOKYO (AP) — Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant's operator is struggling to find enough workers, a trend that many expect to worsen and hamper progress in the decades-long effort to safely decommission it.
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Birth control coverage up for federal appeal
This undated photo provided by Hobby Lobby Stores Inc., shows its co-founders David and Barbara Green who are asking a federal appeals court in Denver on Thursday, May 23, 2013, for an exemption from part of the federal health care law that requires it to offer employees health coverage that includes access to the morning-after pill. The Oklahoma City-based arts-and-crafts chain argues that businesses, and not just religious groups, should be allowed to seek exemptions from that part of the health law if it violates their religious beliefs. (AP Photo/Hobby Lobby)DENVER (AP) — In the most prominent challenge of its kind, Hobby Lobby Stores Inc. is asking a federal appeals court Thursday for an exemption from part of the federal health care law that requires it to offer employees health coverage that includes access to the morning-after pill.
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Ralph Lauren's 4Q profit rises 35 pct
FILE - In this Thursday, Feb. 14, 2013, file photo, the Ralph Lauren Fall 2013 collection is modeled during Fashion Week in New York. Ralph Lauren Corp. reports quarterly financial results before the market opens on Thursday, May 23, 2013. (AP Photo/Richard Drew, File)NEW YORK (AP) — Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices. But economic challenges here and abroad and the move to eliminate some businesses to focus on the most profitable ones cut into sales.
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US rate on 30-year mortgages rises to 3.59 pct.
WASHINGTON (AP) — Average rates on fixed mortgage rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.
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Survey shows China manufacturing contracting
BEIJING (AP) — A survey shows China's manufacturing contracted this month, adding to signs a fragile recovery in the world's No. 2 economy is slowing.
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Japan gyrations underline economy's vulnerability
People walk by an electronic stock indicator outside a securities firm in Tokyo, Thursday, May 23, 2013. Japanese stocks plummeted Thursday after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. The Nikkei 225 in Tokyo nosedived 7.3 percent to close at 14,483.98, its worst drop since the 2011 earthquake disaster. (AP Photo/Shizuo Kambayashi)TOKYO (AP) — Japan's financial markets gyrated wildly Thursday, underscoring the vulnerability of its economy to a loss of investor confidence as Prime Minister Shinzo Abe attempts shock monetary easing to end two decades of stagnation.
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Applications for US unemployment aid fall to 340K
FILE - In this April 4, 2013 file photo, people line up for entry to a job fair in Montpelier, Vt. The Labor Department reports on the number of Americans who applied for unemployment benefits last week on Thursday, May 23, 2013. (AP Photo/Toby Talbot)WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth.
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Stock slump continues on Wall Street
FILE - In this Thursday, May 2, 2013, file photo, Trader John Liotti works on the floor of the New York Stock Exchange. Japanese stocks plummeted Thursday May 23, 2013 after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. (AP Photo/Richard Drew)NEW YORK (AP) — A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program.
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US new home sales up 2.3 percent in April
In this Wednesday, April 24, 2013, photo, workers are seen at the construction site of a new housing complex, in Trenton, N.J. The Commerce Department reports on new-home sales for April on Thursday, May 23, 2013. (AP Photo/Mel Evans)WASHINGTON (AP) — Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering.
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Markets roiled by Nikkei's 7.3 percent slide
A man walks past an electronic stock indicator showing the Nikkei 225 index which nosedived 1,143.28 points, or 7.3 percent to close at 14,483.98 in Tokyo Thursday, May 23, 2013. Japanese stocks plummeted Thursday after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. (AP Photo/Shizuo Kambayashi)LONDON (AP) — Financial markets around the world were roiled Thursday after Japanese stocks suffered their biggest slide since the country was hit by a devastating tsunami more than two years ago.
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