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  • FBI says it’s investigating identity theft at IRS

    WASHINGTON (AP) — The FBI says it’s begun an investigation into the theft of personal tax information of more than 100,000 taxpayers from an Internal Revenue Service website. The FBI said Thursday that agents were…

  • Avago looks to grow with $37B deal for chipmaker Broadcom

    NEW YORK (AP) — Avago Technologies is buying rival chipmaker Broadcom in a cash and stock deal worth about $37 billion, vastly expanding its lineup of products for the rapidly growing wireless device market at…

  • Automakers, gov’t to reveal models in expanded Takata recall

    DETROIT (AP) — Automakers and governments are starting to announce the models covered by last week’s massive expansion of a Takata air bag recall. Canadian safety regulators posted documents that add 1.2 million vehicles in…

  • Average US rate on 30-year mortgage rises to 3.87 pct.

    WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week to their highest level so far this year as new data showed strength in the housing market. Mortgage giant Freddie Mac said Thursday the…

  • Sarkozy ex-ally acquitted of manipulating l’Oreal heiress

    PARIS (AP) — A French court has acquitted a former ally of Nicolas Sarkozy on charges of swindling millions of euros from France’s richest woman, L’Oreal heiress Liliane Bettencourt, by taking advantage of her weak…

  • THE LATEST: Blatter returns to view amid FIFA firestorm

    ZURICH (AP) — The Latest on FIFA developments: 5:00 p.m. (1500 GMT; 11:00 a.m. EDT) Sepp Blatter has arrived at the FIFA Congress opening ceremony, making his first public appearance in two days. The FIFA…

  • Visa becomes first FIFA sponsor to warn it could jump ship

    LONDON (AP) — Worried that their reputations will be tarnished by their links to FIFA, major sponsors are demanding that soccer’s global governing body clean up its act, with Visa even warning it is prepared…

  • Teva pays $1.2 billion to settle pay-for-delay allegations

    WASHINGTON (AP) — Federal regulators say Teva Pharmaceuticals Industries will pay $1.2 billion to settle charges that one of its subsidiaries illegally blocked the launch of generic versions of the blockbuster sleeping pill Provigil. The…

  • Dollar mixed

    The U.S. dollar is mixed against other North American currencies in New York trading. It’s worth 1.25 Canadian dollars, unchanged from late Wednesday. And the dollar is trading at 15.41 Mexican pesos, up from late…

  • Universal Orlando to build a water park opening in 2017

    ORLANDO, Fla. (AP) — Universal Orlando Resort is building a water park. Construction has begun on Volcano Bay at Universal Orlando Resort. The new park is expected to open in 2017. It will join Universal…

  • US stocks down as Shanghai sinks, Greece deadline looms

    NEW YORK (AP) — U.S. stocks were modestly lower in morning trading Thursday, following a steep sell-off in the Chinese stock market and the approaching deadline for cash-starved Greece to make a debt payment. KEEPING…

  • GoPro gets real … virtually real

    NEW YORK (AP) — Shares of GoPro jumped to a five-month high Thursday after the company’s CEO said the company is getting into the drone and virtual reality business. The company already dominates the action…

  • US gambling market saturated, yet casinos keep on coming

    ATLANTIC CITY, N.J. (AP) — The casino market in the northeastern United States is saturated, yet that’s not stopping some states from approving gambling legislation and companies from building new gambling halls. That’s the consensus…

  • Chobani CEO pledges to donate most of wealth

    NEW YORK (AP) — Chobani founder and CEO Hamdi Ulukaya says he will join some of the world’s richest individuals in pledging to give away at least half his wealth, which has been estimated at…

  • Is rent out of reach? Study shows how 11 US cities stack up

    NEW YORK (AP) — Renters are on the rise in America’s biggest cities, but many tenants are scrambling to keep up with growing rent bills and shrinking vacancies, according to a study released Thursday. From…