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  • The threats against Delta Air Lines flight 1156, coming from Portland, Oregon, and Southwest Airlines flight 2492, from Milwaukee, were deemed credible, said airport spokesman Reese McCranie. No bomb was found aboard the Delta flight while the Southwest flight was still being searched by explosives units, Federal Bureau of Investigation spokesman Special...

  • Ocwen to pay $2.5 million to settle California dispute Saturday, 24 Jan 2015 | 12:11 PM ET

    SACRAMENTO, Calif.— Ocwen Financial Corp. is paying a $2.5 million penalty and submitting to a review by an independent auditor to avoid losing its license to make and service mortgages in California. The settlement announced late Friday by California's Department of Business Oversight stems from Ocwen's refusal to turn over records sought by state...

  • CHICAGO, Jan 23- United Parcel Service Inc on Friday said its fourth-quarter performance was hurt as lackluster holiday demand pushed up costs, and that it will likely raise prices for this year's peak season. In a separate announcement, main rival FedEx reaffirmed its earnings outlook for its fiscal 2015 year ending May 31. During the 2013 peak season UPS and...

  • CHICAGO, Jan 23- Package delivery company United Parcel Service Inc on Friday said its fourth-quarter performance was hurt by higher-than-expected costs from the U.S. holiday season and that it will implement new pricing strategies during the next peak season. During the 2013 peak season both UPS and main rival FedEx Corp were hit by a late surge in online...

  • CHICAGO, Jan 23- Package delivery company United Parcel Service Inc on Friday forecast fourth-quarter earnings per share below market expectations, citing a disappointing performance in U.S. domestic ground shipments.

  • NEW YORK, Jan 23- Joe and Debbie Valerio, a couple in their 60 s, put their Westport, Connecticut, home of more than 20 years on the market because it was getting too big for them. That set off a chain reaction allowing Peter and Leah Baiocco, a couple in their 30 s, the ability to trade up. After renting it out for nearly a year, the Baioccos' starter house in Fairfield,...

  • Fidelity Southern misses Street 4Q forecasts Thursday, 22 Jan 2015 | 3:12 PM ET

    ATLANTA _ Fidelity Southern Corp. on Thursday reported fourth-quarter earnings of $7.2 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share. Fidelity Southern shares have dropped slightly more than 4 percent since the beginning of the year.

  • US STOCKS-Wall St gains after ECB stimulus move Thursday, 22 Jan 2015 | 2:08 PM ET

    *Verizon, American Express fall after results. NEW YORK, Jan 22- U.S. stocks rose on Thursday after the European Central Bank announced larger than expected measures to stimulate the region's sagging economy. "Many have said this program is not going to suddenly flip a switch," said John Canally investment strategist at LPL Financial in New York.

  • NEW YORK— Royal Bank of Canada plans to boost its services for wealthy clients by paying about $5.4 billion in cash and stock to buy U.S.-based City National. City National is a Los Angeles wealth management company and lender that serves high net worth individuals and businesses. City National said it has $32.6 billion in assets and manages or administers...

  • *Verizon, American Express both fall after results. *Royal Bank of Canada to buy City National. NEW YORK, Jan 22- U.S. stocks rallied in volatile trading on Thursday after the European Central Bank announced expanded measures to stimulate the region's sagging economy, as expected.

  • *Verizon, American Express both fall after results. *Royal Bank of Canada to buy City National. NEW YORK, Jan 22- U.S. stocks fell modestly on Thursday after the European Central Bank announced expanded measures to stimulate the region's sagging economy, as expected, while shares of some bellwether U.S. companies fell on disappointing results.

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • Georgia man pleads guilty in airline-booking scam Wednesday, 21 Jan 2015 | 8:22 PM ET

    LOS ANGELES— A Georgia man who posed as an airline employee to make cut-rate reservations, then resold the tickets for thousands of dollars, pleaded guilty Wednesday to conspiracy to commit wire fraud. Gilbert Myers Jr., 38, of Atlanta, entered the plea before U.S. In a plea agreement, Myers acknowledged he fraudulently booked hundreds of flights on United...

  • Jan 20- With plummeting oil prices expected to cut airlines' costs by billions of dollars, Delta Air Lines Inc said Tuesday that it will channel the savings toward debt reduction and returning more cash to shareholders. Delta's shares surged 7.3 percent, making it the biggest percentage gainer in the S&P500, while American Airlines Group Inc shares rose 5.9...

  • ATLANTIC CITY, N.J.— A restaurant in an Atlantic City casino intended to honor Martin Luther King Jr. on his birthday by offering fried chicken, collard greens and macaroni and cheese, a casino official said Tuesday. Joe Lupo, senior vice president of the Borgata, told The Associated Press that The Metropolitan restaurant chose menu items that were among King's...

  • Jan 20- Delta Air Lines Inc said on Tuesday it lost $712 million in the fourth quarter largely due to fuel hedge settlements, although the carrier topped analysts' estimates and offered positive outlook for the start of 2015.. The Atlanta- based carrier lost 86 cents per diluted share, including a $1.2 billion charge for mark-to-market adjustments on fuel hedges,...

  • Delta Air Lines posts 4th-qtr loss after fuel hedging Tuesday, 20 Jan 2015 | 8:09 AM ET

    Jan 20- Delta Air Lines Inc said on Tuesday it lost $712 million last quarter largely due to fuel hedge settlements, although the carrier topped analysts' estimates. For the fourth quarter, the Atlanta- based carrier lost 86 cents per diluted share, including a $1.2 billion charge for mark-to-market adjustments on fuel hedges, which Delta had previously...

  • ATLANTA— Delta Air Lines Inc. reported a fourth-quarter loss because falling oil prices led it to write down the value of its fuel-hedging contracts, but the airline's results were still better than Wall Street expected. Delta reported a $712 million loss after taking $1.4 billion in special charges, mostly hedging losses. Analysts surveyed by Zacks...

  • DALTON, Georgia Jan 18- Barack Obama enters the final two years of his presidency with a blemish on his legacy that looks impossible to erase: the decline of the middle class he has promised to rescue. Administration officials said on Saturday the president would propose higher capital gains taxes, new fees on large financial firms, and other measures to raise...

  • DALTON, Georgia Jan 18- Barack Obama enters the final two years of his presidency with a blemish on his legacy that looks impossible to erase: the decline of the middle class he has promised to rescue. The revival of middle-class jobs has been one of Obama's mantras since he took office in 2009 fighting the worst economic crisis in generations.