Illinois fired coach Bruce Weber on Friday after three lackluster seasons and a 17-15 record this year that included an ugly 2-12 skid to close the season, a person familiar with the decision told The Associated Press.
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AP source: Illini’s Weber fired after 9 seasons
Greece’s creditors agreed Friday to take cents on the euro in the biggest debt writedown in history, providing much-needed breathing room for European nations living beyond their means. The agreement paves the way for Greece to receive an enormous second bailout in the hopes of containing the crisis before it drags the entire continent further into chaos.
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Greece secures biggest debt cut in history
An Israeli airstrike killed the commander of the militant group behind the abduction of Israeli soldier Gilad Schalit and a second militant in Gaza on Friday in the highest profile attack against the coastal strip in months.
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Israeli airstrike kills militant commander in Gaza
A dozen earthquakes in northeastern Ohio were almost certainly induced by injection of gas-drilling wastewater into the earth, state regulators said Friday as they announced a series of tough new rules for drillers.
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Ohio: Gas-drilling injection well led to quakes
The United States added 227,000 jobs in February, again surprising economists with the breadth and brawn of the economic recovery. The country has put together the strongest three months of pure job growth since the Great Recession.
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US adds 227,000 jobs in Feb.; jobless rate 8.3 pct
NEW YORK (Reuters) – Prime money funds increased their holdings of euro-zone bank securities in February, suggesting less fear of the euro-zone debt crisis spiraling out of control, J.P. Morgan analysts said in a report released on Friday. These ultra short-term funds, which are seen as alternatives to bank savings accounts, raised their euro-zone bank holdings for a second straight month. They added $30 billion in euro-zone bank debt paper last month, bringing their euro zone debt holdings to $211 billion, J.P. Morgan analysts said. …
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Money funds add euro zone debt again