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Massachusetts Revives The Lost Art Of Making Sea Salt

Farmers are mining the sea for salt on the same shore where the salt industry boomed 170 years ago. Fans of local food are buying up the favorite condiment collected close to home.

Google Ups Its Game Against Apple With New Smartphone

Google subsidiary Motorola announced on Thursday the launch of a new smartphone, the Moto X. The device, which will be made in America, represents a major plunge into hardware by Google — and pits the company against rivals Apple and Samsung.

Former Goldman Sachs Trader Found Liable For Fraud

Former Goldman Sachs trader Fabrice Tourre was found liable on six of seven counts on Thursday. The Securities and Exchange Commission accused Tourre of misleading investors in a mortgage-linked security.

'Abenomics' Serving Up The Same Old Medicine In Japan?

Japan's Prime Minister Shinzo Abe hopes to bring the Japanese economy out of years of stagnation by pumping money into the economy and encouraging domestic consumption. But not everyone is seeing the benefits, and some say it's just a repackaging of strategies that have failed Japan before.

Private Equity Fund Eyes The Business Of Pot

A couple of guys with serious investment banking experience are moving into the marijuana business. They've launched the first multimillion-dollar private equity fund devoted entirely to what they call the "cannabis space." They're buying companies that provide pot-related goods and services.

Former Goldman Trader Found Liable For Billion-Dollar Fraud

The SEC pursued civil charges against Fabrice Tourre, meaning that his punishment could range from a fine to a lifetime ban from trading in securities. A federal jury in New York City found that Tourre misled investors in a mortgage securities deal.

Weekly Jobless Claims Drop; Mortgage Rates Edge Up

New claims for unemployment benefits fell to 326,000 in the week ending July 27 — the lowest level for initial jobless claims in more than five years, according to the Labor Department. Employment data for the month of July is due to be released Friday.

Where In The World Are There No McDonald's?

McDonald's may seem to be everywhere, but there are still 105 countries without the fast food giant, from Ghana to Jamaica to Yemen to Tajikistan. In six countries, McDonald's once had a presence, but due to economics, and sometimes politics, the franchises closed.

Jobless Aid Falls To New Low

The Labor Department announced on Thursday that applications for jobless benefits fell to 326,000 last week — that's the lowest level since January of 2008.
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Shock Trauma Docs Grapple With Real-Life Medical Drama

We'll tour the Shock Trauma Center in Baltimore, which treats more than 8,000 severely injured patients each year.