NEW YORK, April 24- Corporate America is letting the sun shine in on second-quarter profit outlooks, raising hope that the first quarter's storms are past.
NEW ORLEANS— Amedisys Inc., a Baton Rouge- based home health company, will pay $150 million to resolve allegations that it inflated Medicare billings and had improper financial relationships with referring physicians, the U.S. Department of Justice said Wednesday.
TORONTO— Canada said Wednesday it was phasing out the type of rail tankers involved in last summer's massive explosion of a runaway oil train that incinerated much of a town in Quebec, killing 47 people and prompting intense public pressure to make oil trains safer.
DALLAS— The average price of an airline ticket for travel within the U.S. rose by just $1 last year, although prices are still modestly higher than they were five years ago. The U.S. Department of Transportation said Tuesday that the average domestic airfare rose to $381 in the fourth quarter of 2013, a 0.3 percent increase from a year earlier.
CHATTANOOGA, Tenn./ DETROIT, April 21- The United Auto Workers, surprising even its supporters, on Monday abruptly withdrew its legal challenge to a union organizing vote that it lost at a Volkswagen AG plant in Chattanooga, Tennessee in February.
WASHINGTON— Homeland Security Secretary Jeh Johnson is weighing limiting deportations of immigrants living in the U.S. illegally who don't have serious criminal records, according to two people with knowledge of his deliberations.
NEW YORK— Calpine Corp. said Monday that it has agreed to sell six of its power plants, including two in Alabama, to privately-held LS Power Equity Advisors for $1.57 billion. Houston- based Calpine plans to use the money to pay down debt, acquire other sites or buy back its stock, said CEO Jack Fusco.
Research by a Navy laboratory in Groton is now leading to changes for the undersea fleet. Military scientists concluded submarine sailors, who traditionally begin a new workday every 18 hours, show less fatigue on a 24- hour schedule, and the Navy has endorsed the findings for any skippers who want to make the switch.
BEIJING, April 20- Premium auto maker BMW unveiled a luxury concept sedan in Beijing on Sunday, to gauge customer appetite for a car that would cost more than German manufacturer's current flagship 7 series limousine.
NEW YORK— Independent power producer Calpine said Friday will sell six power plants in the Southeast to LS Power for $1.57 billion.
But Congress will have to act fast. Foxx's warnings this week echo ones by President Barack Obama, who cautioned in February that unless Congress finished a bill by summer's end then "we could see construction projects stop in their tracks."
More than a dozen companies were lined up to go public this week but four, including Lombard Medical and Stalwart Tankers, failed to price on Thursday. Zoe's Kitchen raised about $87.5 million after its IPO of 5.83 million shares was priced at $15, the upper-end of the expected price range.
Thieves have claimed billions of dollars in bogus tax refunds from the IRS by swiping the Social Security numbers and identities of ordinary people.
TOLEDO, Ohio— Laura Hankins knew something was wrong when she filed her daughter's tax return and it was rejected hours later: An identity thief already had sent in a return using the 19- year-old's personal information.
April 10- Zoe's Kitchen Inc priced its initial public offering at $15 on Thursday, valuing the Mediterranean-style restaurant chain at about $276 million. The company earlier this week expected the IPO to be priced between $13 and $15 per share. Birmingham, Alabama- based Zoe's Kitchen is selling all the shares in the offering.
WASHINGTON, April 8- U.S. lawmakers said on Tuesday they would include a ban on military contact with Russia and other measures to punish Moscow's aggression against Ukraine in the annual defense authorization bill, bringing their push for a more assertive U.S. reaction to a new front.
*Deal will also let Energen fund Permian basin drilling. *Energen shares up as much as 4 pct, Laclede falls as much as 3 pct. April 7- Energen Corp will sell its 150- year old natural gas utility Alabama Gas Corp to Laclede Group Inc for $1.28 billion in cash, helping it repay debt and fund drilling for oil and gas in the Permian basin.
Supreme Court ruling that struck down the overall cap on federal election contributions is sending ripples across American politics, as states have begun backing away from their own restrictions on donations and lawyers are forecasting a new wave of challenges to campaign finance laws nationwide.
WASHINGTON, April 3- A group of 10 U.S. lawmakers on Thursday urged Pentagon acquisition chief Frank Kendall to revamp the U.S. Army's $5 billion competition for a new armored vehicle to allow both tracked and wheeled vehicles to compete.
*MannKind shares soar as diabetes drug gets FDA backing. NEW YORK, April 2- The S&P 500 closed at another record high on Wednesday as signs of steady private-sector hiring suggested that the economy was slowly building momentum after a winter-related pullback.