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• Earl threatens East Coast with weekend pounding (A
  

  AP - The last ferry left for the mainland and coastal residents hunkered down at home as Hurricane Earl closed in with 115 mph winds Thursday on North Carolina's dangerously exposed Outer Banks, the first and potentially most destructive stop on the storm's projected journey up the Eastern Seaboard.

  
  

  More Dems buck plan to let taxes increase for rich
  

  AP - Congress seems increasingly reluctant to let taxes go up, even on wealthier Americans.

  
  

  Coast Guard: No oil sheen from Gulf explosion (AP)
  

  AP - The Coast Guard is backing off its earlier report that an oil sheen about a mile long was spreading following a platform explosion in the Gulf of Mexico.

  
  

  Discounts spur surprising Aug. retail sales gains
  

  AP - This year's back-to-school season isn't as big a bust for retailers as they feared — or as last year's — but it's not great either.

  
  

  Burger King agrees to $3.3 billion sale to 3G Capital
  

  Reuters - Burger King Holdings Inc agreed to sell itself to investment firm 3G Capital for $3.26 billion, giving the No. 2 U.S. fast-food chain breathing room to fix its business and close the gap with leader McDonald's Corp.

  
  

   Source: Yahoo News 1/5

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