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Conservative donor Koch urges end to 'corporate cronyism'

DANA POINT, Calif.- Billionaire industrialist and conservative political donor Charles Koch welcomed a group of roughly 450 like-minded fundraisers to one of his twice-annual conferences Saturday by challenging them to advocate for ending "corporate cronyism"- even if those policies help their businesses. The Koch brothers and their network of donors, many...
Source: The Associated Press | By: By JULIE BYKOWICZ, Associated Press
EXCLUSIVE-Donald Trump's companies have sought visas to import at least 1,100 workers

NEW YORK, July 31- Donald Trump is staking his run for U.S. president in part on a vow to protect American jobs. But this month, one of his companies, the elite Mar-a-Lago Club resort in Florida, applied to import 70 foreign workers to serve as cooks, wait staff and cleaners. Nine companies majority-owned by Trump have sought to bring in foreign waitresses, cooks,...
Source: Reuters | By: Mica Rosenberg, Ryan McNeill, Megan Twohey and Michelle
Brazil Olympic venue water dangerously contaminated

Athletes competing in next year's Summer Olympics will be swimming and boating in waters so contaminated with human feces that they risk becoming violently ill and unable to compete in the games, an Associated Press investigation has found. The Associated Press reports.
Source: The Associated Press
Shrinking Dead Sea leaves trail of perilous sinkholes

EIN GEDI, Israel, July 29- A neglected grove of date palms, their leaves long fallen, trunks drooping in the searing heat at the lowest point on earth, is the latest casualty of a dramatic rise in sinkholes wreaking havoc along the coast of the Dead Sea. The Dead Sea is shrinking, and as its waters vanish at a rate of more than one metre a year, hundreds of sinkholes, some the...
Source: Reuters | By: Ari Rabinovitch
By nearly any measure, sunny South Florida is tops in fraud

Since the first settlers hacked their way into the mangrove tangles and drained much of the swampland, sunny South Florida has been virtually synonymous with shady deals and scams. Over the past decade or so, the three most populous South Florida counties- Miami-Dade, Broward and Palm Beach- have become less renowned for old-school "Miami Vice"- style drug...
Source: The Associated Press | By: By CURT ANDERSON, AP Legal Affairs Writer
In rise of U.S. vape shops, owners eye new marijuana market

NEW YORK, July 29- When Matt and Jen Osmun opened their vape shop in Bethel, Connecticut, last December, they didn't expect to get a boost from the local medical marijuana outlet. "Sales are going really well, and getting better every month," said Jen Osmun, who started the business with her husband, a former plumber, after he was injured in an accident.
Source: Reuters | By: Jilian Mincer
Pool fire at The Cosmopolitan fueled by fake palm trees

LAS VEGAS- Fake palm trees and high winds fueled a poolside fire on a rooftop at The Cosmopolitan hotel-casino on the Las Vegas Strip over the weekend, fire officials say. The blaze on Saturday sent guests running and plumes of black smoke billowing from the scene. Clark County Battalion Chief Leo Durkin said the trees were made from foam that has become a common...
Source: The Associated Press | By: By KIMBERLY PIERCEALL, Associated Press
Target has the edge; can Walmart catch up?

Greg Foran and Brian Cornell mark their one-year anniversaries at Walmart U.S. and Target next month.
Source: CNBC.com | By: Krystina Gustafson
Affiliated Managers tops 2Q profit forecasts

WEST PALM BEACH, Fla. _ Affiliated Managers Group Inc. on Tuesday reported second-quarter profit of $128.7 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.03 per share. Affiliated Managers shares have declined 1 percent since the beginning of the year.
Source: The Associated Press
Speculators show global commodities rout still has legs

LONDON, July 27- Speculators have confirmed what everyone else has been thinking: expect more falls in commodities, as worries about China and higher interest rates combine with waning sentiment to suggest markets are heading further south. Losses are not new, with oil and gold having peaked in July 2008 and September 2011 respectively, while iron ore has been on...
Source: Reuters | By: Veronica Brown and Pratima Desai