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Myanmar’s new foreign investment law lays out broad powers for a regulatory investment commission that is already struggling to keep up. The panel has put on a fresh, investor-friendly face, but its functionaries are trying to cope with a deluge of investor interest. (Associated Press)
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Ivan Velazquez Caballero is escorted to a news conference in Mexico City on Thursday after his arrest. Authorities say he leads a drug cartel faction. (Associated Press)
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Drees Homes is building 238 single-family homes on quarter-acre sites at Colonial Forge at Augustine in Stafford. The Abriel model, with 2,723 square feet, is priced from $432,400.
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RadioShack CEO James Gooch agreed to step down immediately and is leaving its board of directors, the struggling retailer said Wednesday. (Associated Press)
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Rep. Dan Benishek of Michigan, a tea party favorite, is taking heat in his re-election bid for sticking to his campaign rhetoric during his first term in office. Mr. Benishek railed against federal spending when he was elected in 2010, and he now faces a tight rematch with former Democratic state legislator Gary McDowell. (Associated Press)
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Officer Rob Lang, assigned to Metro Transit in Washington D.C., lifts cement blocks with chains at Iron Team Endurance Competition in Laurel, MD., Wednesday, September 26, 2012. The competition is hosted by the Prince George's County Police where teams from all over the east coast, including the Marines, compete in a grueling physical endurance challenge.(Andrew S. Geraci/The Washington Times)
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**FILE** Rebekah Brooks, the former chief of News Corp.'s British operations, leaves the Old Bailey court in London on Sept. 26, 2012. (Associated Press)
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**FILE** Carolers perform for customers waiting in line outside the Toys R Us in Times Square in New York on Nov. 24, 2011. (Associated Press)
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associated press Traffic is slow at a Staples office supply store in Miami. Staples is speeding up the closure of more than a dozen U.S. stores and plans to close 45 stores in Europe.
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A cashier rings up a sale at a Target store in Chicago on Wednesday, Aug. 22, 2012. (AP Photo/Sitthixay Ditthavong)
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Uber CEO Travis Kalanick fears “gray areas” in proposed regulations to oversee the burgeoning sedan-for-hire industry in the District could harm his car service business. Uber advertises itself as “your on-demand private driver.” (Barbara L. Salisbury/The Washington Times)