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NEW ORLEANS – The Army Corps of Engineers (search) pumped much of the remaining floodwater out of the city Saturday as tens of thousands of residents continued returning to dry neighborhoods to check on houses and reopen businesses. Water was still being pumped out of the heavily flooded lower Ninth …

NEW YORK – Stocks fell sharply Thursday as oil prices around the $60 level prompted a selloff in a battered transportation sector that spread to the rest of the market. The Dow Jones industrial average (search) was down 166.49 points, or 1.57 percent, to close at 10,421.44. The Standard & …

WASHINGTON – Business inventories (search) grew 0.3 percent in April, slightly less than expected, Commerce Department (search) data showed on Wednesday, while sales increased by 1.2 percent. Wall Street analysts polled by Reuters had forecast a 0.4 percent rise in inventories compared with a revised 0.5 percent increase in March. …