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  • NY officials investigating Texas energy company Monday, 4 May 2015 | 2:04 PM ET

    ALBANY, N.Y.— State officials are investigating a Texas- based energy company after a spike in complaints from customers over higher-than-expected bills. According to New York's Department of Public Service, about one in five complaints against energy services companies filed this year have been against Ambit Energy. The company is headquartered in Dallas...

  • MOUNTAIN VIEW, Calif.— Google wants the wireless services that connect mobile devices to digital content to be cheaper and more reliable. "Wireless connectivity has become so essential that it's kind of like our lifeblood," says Nick Fox, the Google Inc. executive overseeing Project Fi. In a break from the status quo, Project Fi will cost just $20 for basic service...

  • *Volcafe raises Brazil coffee crop forecast. NEW YORK, May 4- Raw sugar futures on ICE tumbled 3 percent on Monday, pressured by the weak currency in Brazil, the world's biggest sugar producer, while arabica coffee fell to a seven-week low after an influential trade house raised a key crop forecast. It makes the ethanol price fall so sugar's basically tracking it, "...

  • *McDonald's down after revealing turnaround plan. May 4- Wall Street was up on Monday afternoon, adding to gains from Friday, as investors bought beaten-down healthcare stocks and Berkshire Hathaway led finance stocks higher. Berkshire rose 1.8 percent to $145.98 and gave the biggest boost to the S&P after the insurance and investment conglomerate's results...

  • WASHINGTON, May 4- New orders for U.S. factory goods recorded their biggest increase in eight months in March, boosted by demand for transportation equipment, but the underlying trend remained weak against the backdrop of a strong dollar. The report on Monday from the Commerce Department was the latest indication that the rebound from the first quarter's...

  • NEW YORK, May 4- The annual Sohn Investment Conference in New York City kicked off on Monday, drawing thousands of portfolio managers, asset allocators and private investors. Alliance, QCOM.O value in WBA;. shares, says stock "a great way to play the urbanization and growth of the middle class in China".

  • The Small Business Administration plans events in five big cities, and local governments and organizations will hold meetings, forums, luncheons and dinners across the country. The SBA's schedule starts with Administrator Maria Contreras-Sweet's keynote address in Miami Beach, Florida, and ends with the announcement of the Small Business Person of the...

  • May 4- McDonald's Corp's new chief executive officer said on Monday he would reorganize business units, sell restaurants to franchisees and cut costs in a bid to turn the fast-food chain into a "modern, progressive burger company." Shares were down nearly 2 percent in premarket trading, then retraced losses to stand off 0.1 percent at $97.70 on the New York Stock...

  • AP source: Goldberg died after collapsing in gym Monday, 4 May 2015 | 12:30 PM ET

    David Goldberg, the SurveyMonkey CEO who also was Facebook executive Sheryl Sandberg's husband, was exercising at a gym in a Mexican resort when he collapsed before he died Friday, a person close to the family says. In an interview last month, Goldberg told the news site Business Insider of maxing out his credit cards in the early 1990 s to fund one of his first...

  • NEW YORK— PartnerRe rejected an offer from Italian investment company Exor, saying it will go ahead with its combination with competitor Axis Capital. PartnerRe Ltd. and Axis Capital Holdings Ltd. agreed to combine in January in an all-stock deal. Exor offered to buy PartnerRe in April for $6.16 billion in cash, or $130 per share.

  • KANSAS CITY, Kansas, May 4- General Motors Co chief executive said the company will be able to convince investors about the value of the automaker's stock over time. "This is a business that is not made on a quarter by quarter basis," CEO Mary Barra told reporters at a roundtable interview at GM's assembly plant in Kansas City, Kansas. Barra said that she has not met with...

  • COLUMBUS, Ohio— Leaders of Ohio's education retirement system said pension changes have led to more teachers retiring, while some educators have said new state tests have factored into to their decisions. Districts are already bracing for increased retirements this year, The Columbus Dispatch reports, as state requirements for age and years of service are...

  • BOSTON— The FBI has released documents related to a corruption investigation into late Mayor Thomas Menino that ultimately proved unfounded. The FBI launched the corruption probe in June 2002 after a story in the Boston Herald questioned the appropriateness of the conversation. The documents state that federal prosecutors initially believed the case had "...

  • The Muppets to team up with several YouTube stars Monday, 4 May 2015 | 12:01 PM ET

    LOS ANGELES— It's time to play the music. The Muppets are appearing in skits and other online videos with several YouTube stars, including Mike Tompkins, Lindsey Stirling, Elliott Morgan and John and Hank Green. The videos were filmed on location at YouTube Space LA, a new production facility operated by the streaming service in West Los Angeles.

  • NEW YORK— Stocks are moving slightly higher in midday trading, building on their gains from Friday. Cognizant Technology Solutions jumped 9 percent, the most in the S&P 500 index, after the consulting company reported earnings that beat the expectations of Wall Street analysts. Oil slipped 38 cents to $58.76 a barrel.

  • *Corn falls for third day on fast planting pace. "I've heard some talk that China has an increased appetite for oil, said Bill Gentry, broker at Risk Management Associates." Corn was anchored by expectations that a U.S. Department of Agriculture report on Monday afternoon will show that farmers seeded huge chunks of their acreage in the past week.

  • Treasuries prices turned slightly negative while hewing to narrow ranges on Monday, marking a mixture of consolidation from last week's sharp decline and low trading volumes given holidays in Tokyo and London. I think the market is looking for some stability and toward Friday's payrolls data, "said Justin Lederer, an interest rate strategist at Cantor...

  • CENTENNIAL, Colo.— The trial of Colorado theater gunman James Holmes has resumed with testimony about a call made from his cellphone to the University of Colorado hospital moments before the 2012 attack. Defense attorney Katherine Spengler said the call made from Holmes' phone was to a hospital hotline. But Kelly O'Connor, the hospital's director of...

  • *Upbeat German data helps push Europe shares higher. NEW YORK, May 4- Global equity markets rose on Monday, lifted by the biggest gain in U.S. factory orders in eight months and solid manufacturing data in Germany, while German bund yields rose as investors shook off deflation fears that had gnawed European bonds. When viewed with a report from the European Central...

  • KANSAS CITY, Kan.— General Motors will invest $174 million in its Fairfax plant in Kansas City, Kansas, to pay for new equipment and technology to produce the 2016 Malibu, company officials announced Monday. CEO Mary Barra and GM North America and Global Chevrolet President Alan Batey were at the plant Monday to announce the investment and celebrate as the company...