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Minimum wage going up, little help as costs soar

Minimum wage going up, little help as costs soar

About 2 million Americans get a raise Thursday as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers.Read more »

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Wheat residue too valuable for biofuels

Wheat residue too valuable for biofuels

Times are good for wheat farmers, but they should resist the urge to harvest their crop residue and sell it for ethanol production, a federal researcher says. Read more »

Ford posts $8.7 billion 2nd-quarter loss

Ford posts $8.7 billion 2nd-quarter loss

Ford Motor Co. said Thursday it lost $8.67 billion in the second quarter and will retool two more North American truck and sport utility vehicle plants to build small, fuel-efficient vehicles. Read more »

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