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Lance Armstrong loses sponsors, cuts ties with charity in wake of steroid scandal

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A report out last week documented pages and pages of evidence that concludes Lance Armstrong was at the center of a doping ring. On Wednesday, Armstrong began to lose sponsors and announced he would resign as chairman of the very charity he founded.
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Unemployment in September drops below symbolic floor of 8 percent

Unemployment fell to 7.8 percent in September after the economy added 114,000 jobs and total employment increased 873,000. In addition, the labor department revised upward previous months' employment reports....
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Guinness sees success with creating a holiday to honor brewery founder

Arthur's Day, celebrated last Thursday, has been a way for Guinness to get itself back into pubs across Ireland and to get the Irish out of their homes and back into the bar....
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South Koreans worry they're headed for U.S.-style debt bubble

South Koreans are spending money with reckless abandon, taking out loans and maxing out credit cards to pay their bills. They're doing it, usually, in hopes of improving their socioeconomic status, but economists say they may be banking on an unsteady foundation....
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Jobs scarce, more Italians volunteering on organic farms

Italy's unemployment rate is more than 10 percent, but among the young, it's vastly worse. Perhaps 35 percent, or worse. So a growing number of young Italians, and a few others who are out-of-work, are turning to the country's organic farms, where they can learn a skill, and keep a roof over their heads and food in their stomachs....
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With evictions already high, tensions boil over Spanish bank bailouts

Spain's banks are moving to get rid of homeowners who aren't paying their bills. But, at the same time, they're turning to taxpayers to give them a hand, with a multi-billion dollar bank bailout. That has Spanish activists taking to the streets in protest....
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Spain considers Vegas-like project to jumpstart flagging economy

Billionaire American casino magnate Sheldon Adelson has a plan to jumpstart Spain's slow economy: Vegas. No, he's not taking the national fortune to the craps table -- he wants to build a Vegas-style resort in Madrid. He says it will draw 10 million people per year....
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U.S. Federal Reserve takes steps to bolster flagging economy

The Federal Reserve's Open Market Committee is hoping to cut unemployment by injecting more capital into the economy. This is third attempt by the Fed board to stimulate the economy and get people working again....
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Spain's Catalonia region turns out in peaceful call for independence

Spain's Catalonia region, in the northeast part of the country, wants its independence. It's been a goal of many for a while, but with Spain's economy continuing to languish, discord has broken out in visible ways, manifested Tuesday in a march that according to some drew as many as a million people....
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As Federal Reserve meets, eyes on further economic stimulus measures

Federal Reserve Chairman Ben Bernake has been signaling in recent days that it may be time for another round of economic measures to bolster the economy. The board of the federal reserve meets on Tuesday, and eyes are on Bernake to see if he'll move now....
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