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  • US stocks open mixed; European markets fall Monday, 29 Dec 2014 | 9:42 AM ET

    U.S. stocks are opening mixed following losses in Europe as Greece heads for early elections that could affect the country's bailout program. Greece's main index fell 4 percent. Benchmark U.S. crude oil rose 39 cents to $55.13 a barrel in New York.

  • Gov. Cuomo wants new Southern Tier casino bids Monday, 29 Dec 2014 | 9:21 AM ET

    ALBANY, N.Y.— New York Gov. Earlier this month, the board approved three new casinos for the Catskills, Schenectady and the Finger Lakes region. The commission and board received three applications for a region that initially included the Southern Tier and Finger Lakes together, awarding one license.

  • NEW YORK, Dec 29- U.S. Greece's Prime Minister Antonis Samaras failed to get enough support for his nominee, Stavros Dimas, and will now have to call a national election for late January or early February. "That is one of the main reasons we are trading a bit better here... there is more of a' risk off' feel, given the headlines out of Greece," said Sean Murphy, a Treasuries trader...

  • With no snow, governor can't promote snowmobiling Monday, 29 Dec 2014 | 8:51 AM ET

    Andrew Cuomo has had to cancel his trip to a popular snowmobiling destination in upstate New York because of the lack of snow. The staff at the Ridge View Lodge in Lowville in Lewis County says the governor and his entourage had planned to arrive Monday and rent about two dozen sleds so they could hit the area's extensive snowmobiling trials.

  • NEW YORK, Dec 29- U.S. stock index futures were slightly lower on Monday, as investors found few reasons to keep pushing shares higher following a sharp rally that has taken major indexes to repeated records. The Dow has risen for seven straight sessions, the longest streak for the blue-chip average since March 2013, while the S&P 500 is up 5.9 percent over the past...

  • NEW YORK— Activist investor Carl Icahn has taken a 7.77 percent stake in the crane maker Manitowoc and is pushing for the company to split into two, according to a regulatory filing Monday. In a filing with the Securities and Exchange Commission, Icahn said he plans to speak to Manitowoc' s management about splitting its crane-making business from its...

  • Dec 29- Carl Icahn reported a 7.7 percent stake in Manitowoc Co Inc, and became the second activist investor this year to push for a splitup of the company's crane and foodservice equipment businesses. Manitowoc's shares rose 11 percent to $23.25 before the bell on Monday. Ralph Whitworth's Relational Investors urged the company to spin off the foodservice...

  • Vermont Yankee plant prepares to shut down Monday, 29 Dec 2014 | 7:24 AM ET

    VERNON, Vt.— The Vermont Yankee nuclear plant is getting ready to shut down. Its owner, Entergy Corp., says it is closing the plant for economic reasons. The plant in Vernon is expected to disconnect from the regional power grid Monday.

  • Lion Capital to American Apparel: Explore options Monday, 29 Dec 2014 | 6:40 AM ET
    An American Apparel store in New York City.

    The board of American Apparel has received a letter from British buyout firm Lion Capital, pushing it to explore strategic options include a sale.

  • Report from governors recommends changes to PATH Monday, 29 Dec 2014 | 6:39 AM ET

    TRENTON, N.J.— A report is calling for privatizing the operations of PATH trains between New Jersey and New York City and scaling back the transit system's hours. Chris Christie and his New York counterpart, Andrew Cuomo. The governors offered the recommendations as they both vetoed an overhaul of the Port Authority of New York and New Jersey, which operates the...

  • Washington tries "passive tough love" in Iraq Monday, 29 Dec 2014 | 4:58 AM ET

    WASHINGTON, Dec 29- When the United States withdrew its last troops from Iraq at the end of 2011, both Washington and Baghdad said Iraq was ready to defend itself. Washington has sent 1,900 troops to Iraq, while U.S. forces and their allies have conducted more than 1,300 air strikes against Islamic State, in both Iraq and Syria. Jonathan Stevenson, who from 2011 to...

  • SALAHUDDIN PROVINCE, Iraq, Dec 29- The machine gun poking out from between a framed portrait of a Shi'ite imam and a stuffed toy Minnie Mouse was trained on anyone who approached the checkpoint. Like dozens of other communities in Iraq, this small Sunni settlement in northern Salahuddin province's Tuz Khurmatu district has been reduced to rubble.

  • S. Korea officials face punishment over 'nut rage' Monday, 29 Dec 2014 | 4:01 AM ET

    SEOUL, South Korea— Four South Korean officials will be punished for improper conduct during an investigation into a former Korean Air Lines executive who forced a flight to return over a bag of macadamia nuts, the Transport Ministry said Monday. Earlier this month, then- Korean Air executive Cho Hyun- ah, the daughter of the airline's chairman, forced a plane that...

  • It is believed to have crashed into Indonesia's Java Sea on Sunday morning, but exactly what happened— and whether the plane's flight path played any role— won't be determined until after the aircraft is found. The plane left Surabaya, Indonesia, but vanished halfway into what should have been a two-hour hop to Singapore. "Based on the coordinates that we know, the...

  • TOKYO, Dec 29- The euro inched away from more than two-year lows but remained on tenterhooks as investors awaited a key vote in Greece later in the session, while the dollar treaded water in its final week of a strong 2014.. "The possibility of a worrying outcome in Greece is a potentially risk-off factor, as is the possibility of an Ebola case in Japan," said Ayako Sera,...

  • Long Beach Register folds after 16 months Sunday, 28 Dec 2014 | 8:47 PM ET

    LONG BEACH, Calif.— The owners of the Orange County Register say they ended publication of the Long Beach Register on Sunday. Freedom Communications launched the Long Beach Register 16 months ago and the Los Angeles Register this year as part of its aggressive effort to enter the huge newspaper market of neighboring Los Angeles County, currently dominated by...

  • SAN FRANCISCO/ BEIJING, Dec 29- The settlement of China's anti-trust probe into Qualcomm Inc is likely to intensify global scrutiny of the firm's highly profitable patent licensing business, and may even call into question its worldwide contracts with smartphone makers such as Apple and Samsung. Any deal is likely to include a record-breaking fine, as well as...

  • ANCHORAGE, Alaska— With oil prices dropping, Alaska Gov. With oil prices now around a five-year low, officials in Alaska and about a half-dozen other states already have begun paring back projections for a continued gusher of revenues. The projects Walker halted spending on include a small-diameter gas pipeline from the North Slope, the Alaska Dispatch News...

  • Dec 28- Sony Pictures said "The Interview" has earned more than $15 million in online sales and another $2.8 million in theaters, an impressive return made possible by the publicity surrounding the cyberattack blamed on North Korea. The film that triggered the devastating cyberattack on the studio last month, which the United States says was launched by North...

  • Dec 28- The board of American Apparel Inc has received a letter from British buyout firm Lion Capital, pushing it to explore strategic options include a sale, a source familiar with the situation said on Sunday. Lion Capital, a former lender to the retailer, has the right to nominate two of American Apparel's nine board seats. Representatives for American Apparel...