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  • BILLINGS, Mont.— EPA releases final plan for contaminated Montana town, says remaining asbestos can be managed.

  • Correction: Earns-NuVasive story Tuesday, 5 May 2015 | 1:08 PM ET

    SAN DIEGO— In a story May 4 about NuVasive's first-quarter earnings, The Associated Press reported erroneously that the company expects revenue for the year of $180 million. NuVasive posts 1 Q profit, results beat Wall Street forecasts. SAN DIEGO— NuVasive Inc. on Monday reported first-quarter net income of $31.6 million, after reporting a loss in the same...

  • May 5- Archer Daniels Midland Co, one of the world's largest grain traders, announced on Tuesday a deal to acquire full ownership of two Romanian export terminals on the Black Sea, bolstering its ability to export grain from Eastern Europe. ADM said it has agreed to acquire North Star Shipping and Minmetal, a 50-50 joint venture with North Star, which have grain...

  • HARTFORD, Conn.— The health insurer Aetna is ending most coverage of hysterectomies performed with a once-popular device that has drawn warnings from federal regulators over a risk for spreading cancer. Aetna Inc. will make exceptions for pre-menopausal women who want to maintain their fertility and for whom another treatment would not be effective.

  • EPA is attempting to "force states into shuttering coal-fired power plants" in an effort to drive the nation away from fossil fuels and other traditional sources of energy, Pruitt said. Oklahoma and West Virginia are among 15 coal-reliant states that are suing the EPA to block the so-called "Clean Power Plan," which would require states to cut carbon dioxide...

  • FRANKFURT/ WALLDORF, May 5- SAP Chief Executive Bill McDermott said his company has "zero interest" in acquiring software rival Salesforce.com. "We have zero interest in Salesforce.com." SAP is battling alongside established U.S. software makers such as Oracle, IBM and Microsoft to boost Internet-based software sales and fend off pure cloud-based rivals...

  • MONTREAL, May 5- Some exchange-traded funds and mutual funds might face liquidity problems if a large number of investors were to run for the exits at the same time, Bank of Canada Senior Deputy Governor Carolyn Wilkins warned on Tuesday. Among changes the Bank of Canada is proposing, Wilkins listed:. -Reducing the amount of benchmark government bonds the Bank of...

  • ATLANTIC CITY, N.J.— About 2,000 meeting planners will gather in Atlantic City next year at a new conference center set up to attract exactly that type of business. Caesars hailed the group's decision to meet in Atlantic City for its annual World Education Congress as an early validation of its new $126 million conference center, which is designed to help...

  • CHICAGO, May 5- A new feature on Comcast Corp's pay television service will let parents activate a child-friendly zone that provides access only to age-appropriate shows and movies, the company said on Tuesday. Chief Executive Brian Roberts also announced the launch of a voice-controlled remote control for Comcast's X1 operating system that can search and...

  • *Wheat nears 5- year low after Egypt bypasses U.S. supplies. Corn futures also sank, with the most active July contract hitting its lowest in seven months following a government report that showed U.S. farmers were ahead of schedule in their planting. Chicago Board of Trade soft red winter wheat for July delivery was down 11 cents at $4.61-3/ 4 a bushel at 11:18 a.m....

  • RIYADH, Saudi Arabia— French President Francois Hollande vowed to defend Gulf Arab allies as he announced Tuesday that his country is in talks with Saudi Arabia for business deals worth tens of billions of euros. Hollande made the remarks after a ceremonial meeting in Saudi Arabia's capital, Riyadh, with the heads of state of the six energy-rich countries of the...

  • PROVIDENCE, R.I.— Twenty-one members of the Vanderbilt family have written to a preservation group that owns The Breakers, saying its management is exploiting the Gilded Age Vanderbilt family mansion and is no longer fulfilling its commitment to the public trust. The Preservation Society of Newport County now owns the 70- room mansion, a national historic...

  • SAN FRANCISCO— Google's influential search engine has hit a tipping point in technology's shift to smartphones. The upheaval has rocked PC makers and other tech companies such as Microsoft with businesses tied to sales of desktop and laptop computers. "The future of mobile is now," says Jerry Dischler, a Google Inc. vice president in charge of the company's "...

  • NEW YORK— When Janeane Garofalo asked Brad Bird, the director of "Mission: Impossible— Ghost Protocol," about Tom Cruise at a recent Tribeca Film Festival event, she peppered Bird with allusions to the Scientology documentary "Going Clear." That's probably not what Tom Cruise or the makers of the next "Mission: Impossible" film, "Rogue Nation," want to hear. "

  • FRANKFURT, May 5- Allianz shareholders will see new Chief Executive Oliver Baete installed on Wednesday and will be eager for any clues about his strategy for Europe's largest insurer- and how he plans to improve the prospects of its asset manager Pimco. For the wider Allianz group, meanwhile, Baete must chart a course through perils created by rock-bottom...

  • NEW YORK, May 5- U.S. The selling on Tuesday, often by traders winding down Treasury positions as inflation pressures show signs of quickening, accelerated after the Institute for Supply Management said its services index rose to 57.8 last month from 56.5 in March. "That was better than forecast," said Anthony Valeri, fixed-income strategist at LPL Financial in San...

  • NEW YORK— Stocks are moving lower in midday trading following two days of gains that brought the market close to a record high. Vornado Realty Trust slumped 3 percent Tuesday after reporting results that fell short of analysts' forecasts. Disney rose 1 percent and Estee Lauder jumped 6 percent.

  • WASHINGTON— The IRS issued $5.6 billion in potentially bogus education tax credits in a single year— more than a quarter of all education credits claimed by taxpayers, a government watchdog said Tuesday. A new report by the agency's inspector general says questionable credits were issued to more than 3.6 million taxpayers in 2012. Most of them went to students...

  • *Trade deficit widens to $51.4 billion in March. A lot of the headwinds we saw in the first quarter have unwound, "said Jacob Oubina, senior U.S. economist at RBC Capital Markets in New York. The Commerce Department said the trade deficit jumped 43.1 percent to $51.4 billion in March, the largest since October 2008.

  • TRENTON, N.J.— Drugmaker Bristol-Myers Squibb Co. has a new leader, Dr. Giovanni Caforio, who became CEO as the company's annual meeting in Plainsboro, New Jersey, ended Tuesday. Caforio, a 50- year-old native of Italy, has a medical degree from the University of Rome.