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LOS ANGELES (AP) — Bob Thomas, the longtime Associated Press writer and dean of Hollywood reporters who covered a record 66 Oscar ceremonies, reported on the biggest stars, from Clark Gable to Tom Cruise, and filed AP's bulletin that Robert F. Kennedy had been shot, died Friday. He was 92.
By Jason Lange WASHINGTON (Reuters) - U.S. producer prices fell in February, reinforcing the view that minimal inflation pressures could keep the Federal Reserve from raising interest rates for quite some time. The Labor Department said on Friday its seasonally adjusted producer price index for final demand dropped 0.1 percent last month. The data gives little reason for Fed officials to worry their easy money policies are stoking inflation, and could make policymakers feel more comfortable holding interest rates near zero for many more months.
Malaysia said Friday it was dramatically expanding the already vast scope of its search for a missing passenger plane, admitting it was no closer to solving the agonising aviation mystery a week after the jet vanished. "The aircraft is still missing, and the search area is expanding," said Transport Minister Hishammuddin Hussein. "Together with our international partners, we are pushing further east into the South China Sea and further into the Indian Ocean." Hishammuddin said he could offer no new information on the fate of Malaysia Airlines flight MH370, which disappeared from radar screens over Southeast Asia last Saturday, en route from Kuala Lumpur to Beijing with 227 passengers and 12 crew.