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Judge approves American Airlines’ bankruptcy plan

A US court Thursday approved the bankruptcy plan of American Airlines’s parent AMR, a key part of the proposed American-US Airways merger deal that is facing a government antitrust challenge. US Bankruptcy Judge Sean Lane approved AMR’s plan to emerge from bankruptcy, in spite of the pending Department of Justice…

Peru declares state of emergency after seven volcano eruptions

Peru declared a state of emergency Thursday in nine districts threatened by the Ubinas volcano, which has erupted seven times since September 1, spewing harmful gas and ash. Authorities are distributing masks and have given themselves a 60-day period to relocate villagers from areas where ash is damaging crops and…

Disney to buy $6-8 billion in stocks back in 2014

Walt Disney Co’s chief financial officer Jay Rasulo said Thursday that the entertainment giant plans a huge share buyback in 2014 that could amount to as much as $8 billion. That would double the size of Disney buybacks in recent years, and Rasulo stressed that doing so reflected confidence in…

Cleveland officials back-tracking after harassing gay bar over calls to police

City officials in Cleveland walked back from a letter accusing a local gay bar manager of placing “an undue and inappropriate burden” on taxpayers and police by reporting violence outside his business, in spite of a rash of hate crimes over the past week. WEWS-TV reported on Thursday that the…

Renault teams up with electric car-share service

French automaker Renault and the Bollore family group that runs a successful pay-as-you go electric car network in Paris, are teaming up to develop technology. In a statement, the groups said they had agreed to develop car sharing systems for electric cars and cooperate on the manufacturing of the Bollore…

Twitter confirms plans for much-anticipated stock offering

Twitter announced Thursday, in a tweet, that it has submitted papers for a stock offering, the most hotly anticipated in the tech sector since Facebook’s last year. “We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for…

African population expected to double by 2050

Africa’s baby-boom: Population to double by mid-century (via The Christian Science Monitor) Women and children sit on the stoop of a produce shop in a township outside Johannesburg, South Africa, in this file photo. (Melanie Stetson Freeman/Staff/File) Africa’s population is predicted to more than double to 2.4 billion people by…

NSA chief Clapper praises Snowden: Data spying debate ‘probably needed to happen’

Leaks from former US intelligence contractor Edward Snowden have generated a much needed debate about surveillance even though his disclosures have jeopardized national security, America’s spy chief said Thursday. “As loathe as I am to give any credit for what’s happened here, which is egregious…” said National Intelligence Director James…

15 girls under investigation after 12-year-old commits suicide

A group of 15 teenage girls is reportedly under investigation in connection with the suicide of a 12-year-old former classmate, the Lakeland Ledger reported on Thursday. Polk County Sheriff Grady Judd said at a press conference Thursday that Rebecca Ann Sedwick had been “absolutely terrorized on social media” for more…

You Shouldn’t Have To Endure Bible-Thumping To Eat

With the dramatic increase as of late of people needing financial assistance for everything from health care to food to shelter, I’m beginning to see an uptick in conservative attempts to tie assistance to moralizing, conformist demands that you listen to and obey the edicts of right wing religious assholes.…

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