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GOP constituents also depend on jobless aid PDF  | Print |  E-mail
Written by NICHOLAS RICCARDI, Associated Press   
Tuesday, 14 January 2014 07:05

COLORADO SPRINGS, Colo. (AP) — When federal emergency unemployment benefits expired last month, the effects ran deep in a Colorado county marked by two exit ramps off Interstate 25 — one leading to the conservative religious group Focus on the Family, the other to the Fort Carson Army post.

Hardly a liberal bastion, El Paso County has the largest number of people in the state who lost unemployment benefits, and many aren't happy about it. Plenty of Republicans, too, depend on jobless aid that Republicans in Congress are hesitant to prolong. The ideological argument for standing against an extension of benefits — that the aid can ultimately make it harder to find work — meets a more complex reality where people live.

Democrats propose to extend the emergency benefits for people who have been or are about to be out of work for more than six months; Republicans are less inclined to take that step, particularly if it means the government borrows more money. The paralysis led to the expiration of benefits for 1.3 million long-term unemployed on Dec. 28. Lawmakers are still working on a compromise.

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NTSB: 400,000 gallons of oil lost in ND derailment PDF  | Print |  E-mail
Written by JAMES MacPHERSON, Associated Press   
Monday, 13 January 2014 16:29

BISMARCK, N.D. (AP) — Federal investigators have determined that 400,000 gallons of oil was lost last month when a train derailed and caught fire in North Dakota, according to a report released Monday.

The derailment on Dec. 30 has highlighted concerns about shipping crude by rail. It also led to a safety alert from the U.S. Department of Transportation warning about the potential high volatility of crude from the Bakken oil patch in eastern Montana and western North Dakota.

According to the National Transportation Safety Board's preliminary report released Monday, the eastbound train derailed after crashing into a grain car that had fallen onto the track after a westbound train carrying soybeans derailed. The NTSB is studying what role a broken axle might have played in the derailment of the grain train.

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Foundations commit $330M-plus to save Detroit art PDF  | Print |  E-mail
Written by COREY WILLIAMS, Associated Press   
Monday, 13 January 2014 16:35

DETROIT (AP) — National and local foundations have committed more than $330 million toward the pensions for Detroit's public workers in an effort to stave off the sale of city owned-pieces as part of a historic bankruptcy, mediators said Monday.

Other foundations were expected to soon announce their participation in a plan to help solve two of the bigger issues facing the insolvent city. Nearly 130 individuals also have contributed to a fund established with a Detroit-area community foundation, said the mediators, a group of attorneys and current and retired judges.

Federal Judge Gerald Rosen, the chief mediator between the city and its creditors, has asked foundations and others to raise $500 million to protect pieces in the Detroit Institute of Arts while assisting pensioners who are expected to lose some benefits in the city's restructuring.

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Airbus logs record 2013 but still behind Boeing PDF  | Print |  E-mail
Written by JAMEY KEATEN, Associated Press   
Monday, 13 January 2014 07:30

TOULOUSE, France (AP) — After tallying a record number of airplane orders and deliveries last year, Airbus is admittedly facing a high bar in 2014.

The European aerospace conglomerate said Monday it delivered 626 planes last year, a company record but still 22 fewer than U.S. rival Boeing Co.

The companies enjoyed a banner year as airlines gobbled up their offerings to renew or build their fleets, cut fuel costs and plan for continued growth in air travel.

Airbus' orders last year rose to 1,619, more than twice its expectations, leading some executives to caution against any precise predictions about how many they'll tally this year. The order backlog — jets it plans to deliver in coming years — sits at a record 5,559.

"The market was extremely bullish ... more bullish than John or me would have thought, and probably Boeing," said Airbus' top executive Fabrice Bregier, meeting with journalists along with commercial director John Leahy.

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