NKorean propaganda mill serves up soft side of Kim

SEOUL, South Korea — The outside world focuses on the messages of doom and gloom from North Korea: bombastic threats of nuclear war, fantasy videos of U.S. cities in flames, digitally altered photos of leader Kim Jong Un guiding military drills. But...

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Robotics competition wrapping up in Hartford

HARTFORD, Conn. — More than 1,800 high school students from across New England will be making robots throw Frisbees and climb pyramids on the final day of a regional robotics contest in Hartford. The annual FIRST Robotics Competition Connecticut Regional...

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UMass-Lowell launches Portuguese studies center

LOWELL, Mass. — Officials at the University of Massachusetts-Lowell say their newest academic and cultural center will explore and celebrate the history and contributions of Portuguese people in the United States and abroad. The school says the Saab-Pedroso...

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Bank of Cyprus big savers to lose up to 60 percent

NICOSIA, Cyprus — Big depositors at Cyprus' largest bank may be forced to accept losses of up to 60 percent, far more than initially estimated under the European rescue package to save the country from bankruptcy, officials said Saturday. Deposits of...

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Egypt, Iran resume direct flights after decades

CAIRO — A commercial airliner left Egypt for Iran on Saturday in what was the first direct passenger flight between the two countries in more than three decades, Egyptian airport officials said. Cairo-Tehran relations have warmed since the June election...

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SAC Capital portfolio manager arrested in NYC

NEW YORK — A portfolio manager for the hedge fund operator SAC Capital Advisors has been arrested in New York City as part of a federal insider trading investigation. The FBI says Michael Steinberg was arrested at 6 a.m. Friday at his home. It declined...

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Fewer furlough days for Maine-NH shipyard workers

KITTERY, Maine — Union officials at the Portsmouth Naval Shipyard say they're still concerned about lost work time following the Defense Department's announcement that furlough days will be reduced from 22 to 14. Furlough notices will be sent out in...

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US consumer spending, income jump in February

WASHINGTON — U.S. consumers stepped up spending in February after their income jumped, aided by a stronger job market that offset some of the drag from higher taxes. The gains led economists to predict stronger economic growth at the start of the year....

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Virtual reality, goggles and all, attempts return

SAN FRANCISCO — It's back. The virtual reality headset, the gizmo that was supposed to seamlessly transport wearers to three-dimensional virtual worlds, has made a remarkable return at this year's Game Developers Conference, an annual gathering of video...

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Japanese utility takes blame for nuclear crisis

TOKYO — The utility that operates Japan's crippled atomic plant said Friday that it deserved most of the blame for the country's nuclear crisis, in the company's strongest remarks about its own shortcomings. Tokyo Electric Power Co. acknowledged in...

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The Ticker

Airline merger approved AMR Corp., the bankrupt parent of American Airlines, has received court approval to merge with US Airways Group Inc. and create the world's largest airline. But one clause in the merger agreement, a nearly $20 million severance...

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Groundbreaking set at former Herald site

The Boston Herald's former longtime South End headquarters will be feted next month before crews start demolition for its next life as the "Ink Block," a 471-unit apartment complex anchored by a Whole Foods supermarket. Newton-based National Development's...

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'Journey' sweeps Game Developers Choice Awards

SAN FRANCISCO — "Journey" arrived on top at the Game Developers Choice Awards. The artsy video game developed by thatgamecompany swept the 13th annual ceremony Wednesday with six wins, including game of the year and the innovation award. "Journey" was...

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Sporting News partners with digital video provider

CHARLOTTE, N.C. — Sporting News will add online highlight clips as part of a new business deal. Parent company American City Business Journals and digital video provider Perform will work together on Sporting News Media in the United States and Canada....

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US economy expands at 0.4 percent rate

WASHINGTON — The U.S. economy grew at a slightly faster but still anemic rate at the end of last year. However, there is hope that growth accelerated in early 2013 despite higher taxes and cuts in government spending. The economy grew at an annual rate...

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Swiss papers say US eyes tax info in Liechtenstein

Geneva — Swiss media report that U.S. prosecutors are poised to step up their probes of wealthy U.S. tax evaders using the tiny principality of Liechtenstein. Zurich daily newspapers Neue Zuercher Zeitung and Tages-Anzeiger say the U.S. Justice Department...

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Heinz sets date for vote on company sale

PITTSBURGH — Shareholders of H.J. Heinz Co. will vote on April 30 whether to sell the ketchup maker to Warren Buffett's Berkshire Hathaway and 3G Capital for $23.3 billion. Heinz also said Wednesday that antitrust regulators approved the deal early,...

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Gov't eases mortgage rules for troubled borrowers

WASHINGTON — A federal agency says it is easing rules for troubled borrowers to lower their monthly mortgage payments on loans backed by Fannie Mae or Freddie Mac. The Federal Housing Finance Agency, which oversees the two government-controlled lenders,...

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Signed contracts to buy US homes dips slightly

WASHINGTON — Fewer Americans signed contracts to buy homes in February, but the level stayed close to a nearly three-year high. The report suggests sales of previously occupied homes will keep rising in the coming months. The National Association of...

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Cyprus: cash, security control for banks reopening

NICOSIA, Cyprus — Cyprus has imposed limits on money transfers and hired extra security guards as it prepares for the planned reopening Thursday of its banks, which have been closed for almost two weeks to avoid a run during the country's financial drama....

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Chinese banks post slower profit growth

HONG KONG — Two of China's biggest state-owned banks reported their slowest profit growth in years amid an economic downturn and interest rate reforms. Bank of China said Tuesday that profit grew 12 percent to 139.4 billion yuan ($22.4 billion). Agricultural...

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ECB: Cyprus unique situation, no new template

BRUSSELS — A top European Central Bank official on Tuesday exposed rare signs of public discord among those in charge of the euro currency when he rejected the idea that Cyprus' rescue plan should become a model for other countries. Benoit Coeure, who...

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Apple buys WiFi-location startup

NEW YORK — Apple has bought WiFiSLAM, a startup that has been developing a way to use WiFi hotspots to help smartphones navigate large indoor spaces, like stores, airports and conference centers. The purchase is part of Apple's efforts to bolster its...

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Chinese banks post slower profit growth

HONG KONG — Two of China's biggest state-owned banks reported their slowest profit growth in years amid an economic downturn and interest rate reforms. Bank of China said Tuesday that profit grew 12 percent to 139.4 billion yuan ($22.4 billion). Agricultural...

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Apple buys WiFi-location startup

NEW YORK — Apple has bought WiFiSLAM, a startup that has been developing a way to use WiFi hotspots to help smartphones navigate large indoor spaces, like stores, airports and conference centers. The purchase is part of Apple's efforts to bolster its...

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ECB: Cyprus unique situation, no new template

BRUSSELS — A top European Central Bank official on Tuesday exposed rare signs of public discord among those in charge of the euro currency when he rejected the idea that Cyprus' rescue plan should become a model for other countries. Benoit Coeure, who...

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Slovakia signs deal to have US Steel stay

BRATISLAVA, Slovakia — The Slovak government and U.S. Steel signed a deal Tuesday that will ensure the American company remains the owner of a steel mill employing thousands for at least five more years. The negotiations between U.S. Steel and the Slovak...

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Markets steady after being roiled by EU confusion

LONDON — Markets were generally steady Tuesday as European officials attempted to douse concerns that the main thrust of Cyprus' bailout — a raid on deposits — could be used again in the future. On Monday, markets were roiled by a suggestion from Jeroen...

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Slovakia signs deal to have US Steel stay

BRATISLAVA, Slovakia — The Slovak government and U.S. Steel signed a deal Tuesday that will ensure the American company remains the owner of a steel mill employing thousands for at least five more years. The negotiations between U.S. Steel and the Slovak...

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Markets steady after being roiled by EU confusion

LONDON — Markets were generally steady Tuesday as European officials attempted to douse concerns that the main thrust of Cyprus' bailout — a raid on deposits — could be used again in the future. On Monday, markets were roiled by a suggestion from Jeroen...

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Chicago billionaire picks Worcester site for proposed slots parlor

Mass Gaming & Entertainment LLC, which is seeking a gaming license in the Bay State, said today it has selected a site owned by Wyman-Gordon in Worcester as the location for its proposed slots parlor. The proposed site is a 14-acre parcel on Madison...

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Orr begins tenure as Detroit's emergency manager

DETROIT — Bankruptcy attorney and turnaround specialist Kevyn Orr has arrived at Detroit City Hall for his first day on the job as emergency manager. Orr has said he expects to sit down with Mayor Dave Bing Monday and meet with some City Council members....

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Cyprus reaches 'painful' solution to secure rescue

NICOSIA, Cyprus — Cyprus clinched a last-minute solution to avert imminent financial meltdown early Monday after it agreed to slash its oversized banking sector and inflict hefty losses on wealthy depositors in troubled banks to secure a 10 billion euro...

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Cyprus bailout prompts muted relief in markets

LONDON — The rally in stock markets in the wake of the Cypriot bailout deal proved short-lived Monday as investors remained cautious following a crisis that laid bare the scale of problems surrounding Europe's single currency. In the immediate aftermath...

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Mass. pharmacy recalling some compounded products

BOSTON — A Massachusetts pharmacy has issued a voluntary recall of some sterile compounding products. Pallimed Solutions Inc., of Woburn, said Monday the recall was a precautionary measure and there were no reports of any illnesses. It says it issued...

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EU chief spurring negotiations on Cyprus deal

BRUSSELS — A top European official is leading a high-level meeting Sunday afternoon in a last-ditch effort to help Cyprus come up with a plan necessary for a 10 billion euro bailout loan that would save it from bankruptcy. The day of talks could prove...

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Police: No hazardous material at Berezovsky site

LONDON — Chemical and radiation experts found no hazardous materials in their search of the property where Boris Berezovsky's body was found, as British police on Sunday investigated the unexplained death of the self-exiled Russian tycoon who went from...

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Hard to see ‘green’ on MLS lists of resale homes

When it comes to energy efficiency and "green" features in homes, there's a chasmic disconnect in the marketplace among consumers, real estate appraisers and the nation's realty sales system. On the one hand, prospective buyers routinely tell researchers...

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Coolant loss may have you blowing a gasket

I have a 2001 Ford Taurus with the 3.0-liter V-6. It seems to be losing engine coolant but I never see any on the ground after I park it. I added one gallon of coolant on Nov. 10 and another gallon on Dec. 18. Now I need to add more. Any ideas? Anytime...

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