If the pipeline isn't built, some experts say, "the most toxic fossil fuel on the planet" will still find its way to the surface. NBC News reports.» Read More
NEW YORK, April 17- Ford Motor Co and IBM Corp will again have to face a U.S. lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue such cases.
Target, which started its subscription service by offering 150 baby products, is expanding the program tenfold by adding nearly 1,600 items.
LOS ANGELES, April 17- Walt Disney Co's cable networks are expected to record high single-digit growth in operating income and domestic affiliate revenue from fiscal 2014 through 2016, Chief Financial Officer Jay Rasulo told investors on Thursday.
That means some of Wall Street's largest hedge funds and private equity firms are largely escaping close scrutiny by the IRS, said Sen. "Auditing less than 1% of large partnership tax returns means the IRS is failing to audit the big money," said Levin, who chairs the Senate subcommittee on investigations.
NEW YORK— Michaels Stores Inc. said Thursday that about 2.6 million cards, or about 7 percent of all debit and credit cards used at its namesake stores, may have been affected in a security breach. The nation's largest arts and crafts chain said its subsidiary Aaron Brothers was also attacked, with about 400,000 cards potentially affected.
AMD said it lost $20 million, or 3 cents per share, after it took a loss of $146 million, or 19 cents per share, in 2013. The company said it earned 2 cents per share if one-time items are excluded. Revenue grew 28 percent, to $1.4 billion from $1.09 billion.
NEW YORK, April 17- Former Goldman Sachs Group Inc director Rajat Gupta is expected to begin his two-year prison term on June 17 for insider trading. District Judge Jed Rakoff in Manhattan directed Gupta to surrender by 2:00 p.m. EDT on that date to start serving his sentence, according to an order issued on Thursday.
WASHINGTON, April 17- General Motors says that cars being recalled because of faulty ignition switches can be driven safely before repairs, based on more than 80 tests, but the automaker has not addressed a problem long known to potentially shut off the engine: a simple bump from a driver's knee.
April 17- Plaintiffs' lawyers are seeking to draw Continental Automotive Systems US, the maker of airbag systems in recalled General Motors Co vehicles, into litigation over an ignition-switch defect that has been linked to 13 deaths.
FLINT, Mich.— An attorney representing the family of a 77- year-old Flint- area woman killed when her 2005 Toyota Camry slammed into a tree after alleged sudden acceleration confirms that a deal has been reached in a lawsuit against the carmaker.
LAS VEGAS— Senate Majority Leader Harry Reid is calling armed backers of a Nevada rancher "domestic terrorists" for using guns in a grazing rights battle with the federal Bureau of Land Management.
*To broaden products amid success of casual wear collection. TORONTO, April 17- Lululemon Athletica Inc, best known for its trendy yoga wear, hopes to drive growth in coming years by expanding its range of fitness-related apparel and accelerating international plans, its newly appointed chief executive said on Thursday.
LOS ANGELES— An Airbus A380 superjumbo jet hit two light poles while taxiing to its gate at Los Angeles International Airport with hundreds of passengers aboard.
For big business in China he's a headache, part of a small but fast-growing industry built around exposing corporate wrongdoing.
NEW YORK— Sears Holdings Corp. shares got a lift on Thursday, after company director Thomas Tisch increased his stake in the retailer. The rise comes as Sears, controlled by Chairman and CEO Eddie Lampert, is shifting its focus from running a store network to a member-focused business— loyal shoppers receive incentives to buy.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results.
The labels, including divisions of Sony, Warner and Universal, argue that songs such as Aretha Franklin's "Respect" and the Beatles' "Hey Jude" are not covered by federal copyright law, but they have been protected in common law by states including New York.
WASHINGTON, April 17- The U.S. Department of Energy displayed a "lack of guidance" in how it dealt with millions of dollars in loan guarantees to now-bankrupt Abound Solar Manufacturing, the agency's internal watchdog said in a report on Thursday.
WASHINGTON— The government says its criminal case against a former Blackwater security guard is in jeopardy as a June 11 trial looms on charges stemming from the shootings of dozens of Iraqi citizens in an incident in Baghdad nearly seven years ago.
NEW YORK— The future of Aereo, an online service that provides over-the-air TV channels, hinges on a battle with broadcasters that goes before the U.S. Supreme Court next week. For as little as $8 a month, Aereo subscribers in New York and 10 other markets can watch shows live or record them using Aereo's online digital video recorder.