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Citigroup to cut more than 11,000 jobs
NEW YORK (AP) — Citigroup said today it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi’s workforce of 262,000. The bank did not spell out how many of the jobs will …
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Mo. Powerball winner verified; Ariz.’s a mystery
FOUNTAIN HILLS, Ariz. (AP) — Sometimes it’s better to dream, particularly when reality means you’re not an instant multimillionaire. Bob Kangas realized Wednesday night that one of two winning Powerball jackpot tickets — a record $587.5 million — had been bought in Arizona, but he …
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Pot legalization no free ride to smoke
SPOKANE, Wash. (AP) — Young voters helped pass laws legalizing marijuana in Washington and Colorado, but many still won’t be able to light up. Most universities have codes of conduct banning marijuana use, and they get millions of dollars in funding from the federal government, …
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Local station’s former namesake Zig Ziglar dies at 86 in Texas
DALLAS (AP) — Motivational speaker Zig Ziglar, who wrote more than 30 books on living a balanced life, has died in Texas. He was 86. Ziglar was the inspiration for the call letters of Cave City High School’s educational radio station when it was established …
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8 NE Ark. men accused in cockfight plead guilty
LAKE CITY (AP) — Eight men accused in a cockfighting ring have pleaded guilty to possessing an instrument of a crime. The men entered the pleas Monday during a hearing in Lake City. The men were each given a 12-month suspended sentence and were fined …
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Mileage rates up 1 cent per mile for business, medical, moving
WASHINGTON, D.C. — The Internal Revenue Service has issued the 2013 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2013, the standard mileage rates for the use of …
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River groups seeking help for low water
ST. LOUIS (AP) — Businesses that move products on the Mississippi River continue to seek the government’s help as the river approaches historic lows. The Army Corps of Engineers on Friday began reducing the outflow from an upper Missouri River reservoir to ease drought conditions …
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‘Dallas’ star Hagman dies in Texas at 81
J.R. Ewing was a business cheat, faithless husband and bottomless well of corruption. Yet with his sparkling grin, Larry Hagman masterfully created the charmingly loathsome oil baron — and coaxed forth a Texas-size gusher of ratings — on television’s long-running and hugely successful nighttime soap, …
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Black Friday shoppers out earlier
This year’s Black Friday shoppers were split into two distinct groups: those who wanted to fall into a turkey-induced slumber and those who’d rather shop instead. Stores typically open in the wee hours of the morning on the day after Thanksgiving that’s named Black Friday …
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Residents sue over Barling alcohol vote
BARLING (AP) — A group of Barling residents has filed suit against the county election commission over the city’s recent vote to legalize alcohol sales. Booneville lawyer Erik Danielson filed the lawsuit Tuesday on behalf of 21 Barling residents. The lawsuit claims that the Nov. …
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Parade honoring war heroes ends in tragedy
MIDLAND, Texas (AP) — A float decorated with American flags and carrying wounded veterans and their spouses to a banquet in w Texas took the full force of a train at a railroad crossing, killing at least four people and injuring 16. Some managed to …
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Walmart and Target: A tale of 2 discounters
NEW YORK — This holiday season, the biggest discount chains in the U.S. will tell the tale of two very different shoppers: those that have and those that have not. Walmart Stores Inc., the world’s largest retailer, on Thursday acknowledged that its low-income shoppers continue …
