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  • Massachusetts marijuana groups seek pot legalization vote Wednesday, 5 Aug 2015 | 12:40 PM ET

    BOSTON, Aug 5- Two marijuana advocacy groups on Wednesday are set to submit proposed ballot initiatives that would allow Massachusetts voters to decide whether to legalize recreational pot smoking in the state. The proposals from the Campaign to Regulate Marijuana Like Alcohol and the Bay State Repeal say legalizing the drug in Massachusetts would bow to...

  • DETROIT, Aug 3- U.S. auto sales were stronger than expected in July and kept the industry on pace for its best performance since 2001 as cheaper gasoline and low interest rates drove the continuing shift toward sport utility vehicles and pickup trucks. With automakers reporting monthly sales on Monday, Ford Motor Co said U.S. auto industry sales of 1.55 million...

  • Koch launches broadside against corporate cronyism Sunday, 2 Aug 2015 | 1:30 PM ET
    David and Charles Koch

    Industrialist and conservative donor Charles Koch challenged conservatives to end "corporate cronyism", even if it helps his businesses.

  • Employment Cost Index barely rises in Q2. NEW YORK, July 31- U.S. The Employment Cost Index, the broadest measure of labor costs, rose 0.2 percent, marking the smallest increase in the index's 33- year history, the U.S. Labor Department reported.

  • July 30- Western Union Co reported a better-than-expected quarterly profit, boosted by its online business, and the world's largest money-transfer company raised its full-year earnings forecast. Western Union said revenue from its online business, including westernunion.com and mobile money transfer, rose 19 percent in the second quarter ended June 30.

  • July 30- Western Union Co, the world's largest money-transfer company, reported a better-than-expected quarterly profit, helped by strength in its digital business. Western Union said revenue from its digital business, including westernunion.com and mobile money transfer, rose 19 percent in the second quarter ended June 30. Western Union has invested...

  • WILLISTON, N.D., July 29- U.S. oil companies, under renewed pressure from falling crude prices, are increasingly tweaking and mixing fracking technologies as they scramble to squeeze more out of wells and eke out profits after rounds of cost-cutting. Shale oil firms need the experiments to payoff now more so than before given that oil prices have resumed their...

  • NEW YORK, July 29- When Matt and Jen Osmun opened their vape shop in Bethel, Connecticut, last December, they didn't expect to get a boost from the local medical marijuana outlet. "Sales are going really well, and getting better every month," said Jen Osmun, who started the business with her husband, a former plumber, after he was injured in an accident.

  • July 28- U.S. oil and gas company Anadarko Petroleum Corp on Tuesday reported a drop in profit, but results topped Wall Street expectations as the oil and natural gas company improved drilling practices and produced more crude than expected. The gains were driven by crude from shale fields in Colorado and Texas. The Houston company had a quarterly profit of $61...

  • July 28- Paymap Inc, a unit of Western Union Co, agreed to pay $38.4 million to settle U.S. regulatory charges that it deceived consumers into signing up for a program advertised as a way to help them pay off their mortgages faster and save on interest payments. The U.S. Consumer Financial Protection Bureau on Tuesday said Paymap, a payment processor, will pay a $5...

  • U.S. home price growth stalls in May-S&P/Case-Shiller Tuesday, 28 Jul 2015 | 8:59 AM ET

    NEW YORK, July 28- U.S. single-family home prices in May rose from the previous year at the same pace as April but fell short of forecasts, as housing construction slowed and new home sales lagged existing home sales, a closely watched survey said on Tuesday. Denver, San Francisco, and Dallas experienced the biggest year-over-year home appreciation among the 20...

  • TULSA, Oklahoma, July 28- The rebound in U.S. jobs, limited in the early part of the recovery to a handful of booming industries such as oil, has broadened across the country as old-line industrial areas such as Michigan and sun belt hubs like Florida pick up the slack. Riding the shale oil and gas boom, Texas, Louisiana, Oklahoma and three other states made an outsized...

  • Gasoline prices would rise by about 8 to 14 cents a gallon, if the ban were lifted, because the move would boost the price for domestic oil, according to the report by Stancil& Co.. But a full lifting of the ban faces an uphill battle as many lawmakers in Congress are wary about being blamed for a rise in gasoline prices, even if any boost is unrelated to oil exports.

  • NEW YORK, July 27- When Stan Calow was growing up, frugality was a way of life: "You spend as little as you need to, and then save everything else." So, the 58- year-old engineer and U.S. Army veteran from Kansas City, Missouri always hated spending money. Calow and his wife just returned from a trip to France, touring the chateaux of the Loire Valley, just like they had always...

  • NEW YORK, July 24- American high school students walk through metal detectors each day. The Metropolitan Opera in New York searches the bags and purses of patrons each night, and air travel involves long lines and security checks. "Owners do not want the experience at their theater to be a negative one, and going through a metal detector and having their bags checked...

  • EXCLUSIVE-Atkins Nutritionals heads for IPO -sources Friday, 24 Jul 2015 | 1:19 PM ET

    July 24- Atkins Nutritionals Inc plans to pursue an initial public offering after an effort to sell the U.S. maker of protein bars, shakes and frozen meals did not meet its price expectations, according to people familiar with the matter. Atkins' private equity owner, Roark Capital Management LLC, is now seeking a valuation of roughly $1 billion, including debt, for...

  • NEW YORK, July 22- When choosing retirement locales, a few factors pop to mind: climate, amenities, proximity to grandchildren, access to quality healthcare. Chris Cooper had something else to consider- marijuana laws. So when Cooper, 57, was looking for a place to retire, he ended up in San Diego, since California allows medical marijuana.

  • NEW YORK, July 21- U.S. charter schools are defaulting on bonds at a rate of 3.3 percent, a level higher than that recorded three years ago but still not one which should concern investors, according to the co-publisher of a report made available on Tuesday. Of the $10.4 billion issued by charter schools, $346.9 million, or 3.3 percent, has defaulted, according to the...

  • NEW YORK, July 21- Harbinger Capital Partners, the hedge fund firm run by Philip Falcone, filed a new lawsuit accusing satellite TV company Dish Network Corp and its chairman, Charles Ergen, of illegally trying to strip it of control of wireless company LightSquared during its bankruptcy. The reorganization called for Harbinger to retain a 44.5 percent equity...

  • Harbinger sues Dish, Ergen over LightSquared Tuesday, 21 Jul 2015 | 4:33 PM ET

    NEW YORK, July 21- Harbinger Capital Partners, the hedge fund firm run by Philip Falcone, has filed a new lawsuit accusing satellite TV company Dish Network Corp and its chairman, Charles Ergen, of illegally trying to strip it of control of the bankrupt wireless company LightSquared. The lawsuit filed on Tuesday in Manhattan federal court seeks at least $1.5...