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Update on the latest business 02/12/2015 01:11pm • FINANCIAL MARKETS Stocks rise NEW YORK (AP) — Stocks are higher in midday trading on Wall Street, with technology and energy stocks leading the way. Cisco Systems was the biggest gainer in the technology sector after reporting better-than-expected earnings. Energy stocks advanced as the price of o Cheaper gas lowers US retail sales; spending up elsewhere 02/12/2015 12:51pm • WASHINGTON (AP) — U.S. retail sales fell sharply last month as gas prices plummeted and auto sales slowed. But excluding those volatile categories, Americans stepped up their spending a bit. Retail sales dropped 0.8 percent in January, the Commerce Department said Thursday, following a 0.9 percent AP Interview: Hungary 'cannot afford not to talk to Russia' 02/12/2015 11:30am • BUDAPEST, Hungary (AP) — Hungary "cannot afford not to talk to Russia" about ensuring gas supplies, the Hungarian foreign minister said Thursday. Foreign Minister Peter Szijjarto told The Associated Press that because of the cancellation of two natural gas pipeline projects, Nabucco and South Stre How tantrum over serving nuts on jet ended with prison time 02/12/2015 11:22am • SEOUL, South Korea (AP) — The headline-grabbing "nut rage" episode reached a conclusion Thursday with a one- year prison sentence for its chief protagonist, Korean Air heiress Cho Hyun-ah. A South Korean court found that she violated aviation law when she ordered a crew member off a Dec. 5 flight GM to build 200-mile electric car at Michigan plant 02/12/2015 10:33am • DETROIT (AP) — An electric car with a 200-mile range and a price tag of $37,500 will be built at a General Motors factory north of Detroit, the company announced Thursday. The small hatchback will be based on the Chevrolet Bolt concept car shown at the Detroit auto show last month. GM has said it Thursday Morning Rundown 02/12/2015 08:00am • Missing Teen May Be In Reston – The Herndon Police Department is searching for a 15-year-old girl who has been missing since July 2014. Police are searching for Lilian Medina Stevens, who left her home on July 29 and has not returned, officials said. Stevens may be in Reston,  or possibly s EU sets up committee to probe tax deals 02/12/2015 06:38am • BRUSSELS (AP) — The European Union has set up a special committee to look into national tax rules following allegations that Luxembourg had agreed on sweet deals for big multinationals. The committee of European parliamentarians will examine a cache of leaked documents on Luxembourg's deals as wel San Diego news anchor's gripe with painter leads to shooting 02/12/2015 03:35am • SAN DIEGO (AP) — Kyle Kraska saw the painter in the neighborhood and hired him to work on the outside of his house, but the relationship later soured. Police say the painter allegedly fired on the San Diego television sportscaster through the back window of his Mercedes. Mike Montana, 54, fired mu The 10 Best Banks of 2015 02/11/2015 07:00pm • In the aftermath of the recent financial crisis, to say big banks earned a bad reputation would be an understatement. Movements like Occupy Wall Street and Bank Transfer Day called for a mass exodus to smaller, not-for-profit institutions like credit unions because of their excellent rates, low fee A Wealth Building Plan for You: College Grad Edition 02/11/2015 07:00pm • Investing can be a confusing and scary proposition sometimes. You're never really sure if the information you find is exactly for you (in the case of some online publications), if the data is relevant (in certain financial studies), or if the advice is credible (such as when you receive a stock tip A Retirement Residence That Pays for Itself in Chile 02/10/2015 07:00pm • The potential to rent out your second or retirement residence overseas when you're not using it yourself can be a big advantage. Cash flow from rental income can help offset carrying costs or even cover them entirely with positive income to spare. One potential retirement haven that's interesting i 5 Investment Assumptions That Will Cost You in Retirement 02/10/2015 07:00pm • There's no way to predict how your investments will perform or what your expenses will be in retirement. We compensate by making assumptions to fill in the knowledge gaps. But if your estimates are incorrect, it could have dire consequences for your retirement finances. Here are a few common assump What Obama's 2016 Budget Proposal Means for Student Borrowers 02/10/2015 07:00pm • This week, the Student Loan Ranger examines the proposals in President Barack Obama's recently released budget for Fiscal Year 2016 that relate to student loans. New Rules Proposed for Pay As You Earn, Public Service Loan Forgiveness According to the 2016 budget, the president wants to "reform and Montgomery County Council president: What 'mass exodus'? 02/10/2015 05:43am • ROCKVILLE, Md. -- Montgomery County Council President George Leventhal said Monday that, while he likes Maryland Gov. Larry Hogan, he disputes the governor's statement that there's a "mass exodus" of people leaving the state. In his State of the State address last week, Hogan stunned leaders in 4 Ways to Invest in Baby Boomers 02/09/2015 07:00pm • For the moment, put aside your love affair with social media and forget the jokes about Viagra and adult diapers. Just consider that there might be a way to profit, not from the next new thing, but from the old, familiar baby boomers. More than 3 million baby boomers turned 65 in 2014. Another 3 m