- Associated Press - Tuesday, April 22, 2014

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Job market for college grads better but still weak

WASHINGTON (AP) - The job market for college graduates is brightening a bit.

The Labor Department said Tuesday that the unemployment rate for 2013 college graduates was 10.9 percent. That’s down from 13.3 percent in 2012. But unemployment for recent grads was still higher than the 9.6 percent rate for all Americans ages 20 to 29 last October, when the government collected the numbers.


Finding work remains tough and many new graduates are settling for jobs outside their fields of study or for less pay than they’d expected. Still, Americans who have college degrees are far more likely to find employment and to earn more than those who don’t.

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GM, lawyers fight over bankruptcy protections

DETROIT (AP) - General Motors Co. and a battalion of trial lawyers are preparing for an epic court fight over whether GM is liable for the sins of its corporate past.

The company is asking a U.S. bankruptcy court to shield it from legal claims for actions that took place before the company’s 2009 bankruptcy. But lawyers who are suing GM say it shouldn’t get the usual benefits of bankruptcy protection because it concealed a deadly ignition switch problem when the court was making bankruptcy decisions.

They also say the company’s motion is part of a broader strategy to force settlements in dozens of lawsuits alleging the ignition switches caused deaths and injuries.

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Internet TV case: Justices skeptical, concerned

WASHINGTON (AP) - Supreme Court justices debated Tuesday whether they can protect the copyrights of TV broadcasters to the shows they send out without strangling innovations in the use of the Internet.

The high court heard arguments in a dispute between television broadcasters and Aereo Inc., which takes free television signals from the airwaves and charges subscribers to watch the programs on laptop computers, smartphones and TVs.

The case has the potential to bring big changes to the television industry.

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