Pipe break that caused Michigan oil spill is found (AP)

AP – Officials say they’ve located the pipeline break that caused hundreds of thousands of gallons of oil to spew into a major river in southern Michigan.

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Pipe break that caused Michigan oil spill is found
(AP)

Michigan voters search for economic savior (AP)

AP – Michigan voters frustrated over lost jobs, home foreclosures and budget deficits will vote in Tuesday’s primary election for leaders they hope can move the state out of its economic morass.

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Michigan voters search for economic savior
(AP)

Movie tax cuts ‘help struggling California economy’ (AFP)

AFP – A year-old program granting movie studios tax breaks for filming in California has saved jobs and should yield two billion dollars in direct spending, Governor Arnold Schwarzenegger said.

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Movie tax cuts ‘help struggling California economy’
(AFP)

Eurazeo in exclusive B&B Hotels talks with Carlyle (Reuters)

Reuters – French financial holding firm Eurazeo said on Saturday it is in exclusive talks to sell its B&B Hotels chain to U.S. private equity firm the Carlyle Group.

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Eurazeo in exclusive B&B Hotels talks with Carlyle
(Reuters)

AP EXCLUSIVE: Salazar tours rigs, keeps drill ban (AP)

AP – The helicopter passes over the blue waters of the Gulf of Mexico — with surprisingly little oil visible on its surface — when out of the sea rises a skyscraper-like structure nearly 350 feet above the waves. The $600 million rig, nearly 100 miles off Louisiana’s coast, has a hull larger than a football field and can drill more than 5 miles beneath the ocean floor.

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AP EXCLUSIVE: Salazar tours rigs, keeps drill ban
(AP)

ICICI Bank profit up 17 percent on better loans (AP)

AP – ICICI Bank, India’s largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India’s growing economy.

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ICICI Bank profit up 17 percent on better loans
(AP)

BP may sell German gas stations for $2.6 billion (Reuters)

Reuters – BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment bankers familiar with BP’s plans.

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BP may sell German gas stations for $2.6 billion
(Reuters)

US growth slows fueling fears over recovery (AFP)

AFP – US economic growth slowed dramatically in the second quarter, the government has said, stoking fears that the recovery is losing steam and fueling a fierce political debate over how to respond.

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US growth slows fueling fears over recovery
(AFP)

US growth slows fueling fears over recovery (AFP)

AFP – US economic growth slowed dramatically in the second quarter, the government has said, stoking fears that the recovery is losing steam and fueling a fierce political debate over how to respond.

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US growth slows fueling fears over recovery
(AFP)

Signs of oil spill recovery entering new phase (AP)

AP – BP’s new boss says it’s time for a “scaleback” in cleaning up the Gulf of Mexico oil spill. Federal officials say there is no way the crude could reach the East Coast. And fishing areas are starting to reopen.

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Signs of oil spill recovery entering new phase
(AP)

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