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WASHINGTON, May 22- The House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada- to- Nebraska leg of the Keystone XL oil pipeline, a move that would take a decision on the project away from the Obama administration.
*Trade secret theft costs $300 billion, 2.1 million jobs. WASHINGTON, May 22- Theft of trade secrets, chiefly by China, costs the U.S. economy $300 billion a year and must be fought with sanctions as tough as those used against terrorism and drug trafficking, an advisory panel said on Wednesday.
WASHINGTON, May 22- The White House threatened on Wednesday to veto a Republican bill to switch federal student loan interest rates to a market-based system, arguing the plan would create more uncertainty for students and families.
WASHINGTON, May 22- For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world.
SAN FRANCISCO, May 22- Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services.
*Shifting story puts White House under glare. WASHINGTON, May 22- Facing criticism from Democratic loyalists, the White House acknowledged on Wednesday that President Barack Obama's team has struggled to get its story straight on who knew what when about the IRS targeting of conservative groups.
ANAHEIM, Calif.-- Pacific Sunwear of California Inc.' s shares soared 18 percent in after-hours trading Wednesday after the teen retailer's fiscal first-quarter revenue came in ahead of expectations and it issued a solid forecast for the second quarter.
SAN FRANCISCO, May 22- Hewlett-Packard Co raised its 2013 earnings outlook after beating low expectations, as CEO Meg Whitman's turnaround plan helped to shore up profits and offset shrinking personal computer sales with enterprise computing services.
*Gold falls as Bernanke cautions about low US rates. *Copper hits 6- week high after no word on Grasberg restart. Copper hit a six-week high on a continued production outage at Indonesia's Grasberg copper mine after a tunnel collapse that killed 28 workers at the world's second-largest copper mine.
LOS ANGELES, May 22- Caesars Entertainment Group said it plans to go live this summer with an online poker site in Nevada, the only U.S. state so far to offer legal Internet gambling, and will promote the nascent service to thousands of poker players at its World Series of Poker tournament in Las Vegas starting May 29.
HARRISBURG, Pa.-- Pennsylvania's debt-laden capital city will have a new mayor next year, but he could have little role in sorting out the pressing financial problems that dragged Harrisburg to the brink of bankruptcy after an unprecedented takeover by the state.
*Spot gold slides after brief break over $1,400/ oz. (Rewrites throughout, updates prices, changes byline, dateline NEW YORK, May 22- Gold turned sharply lower on Wednesday, as investors weighed U.S. , "said Michael Cuggino and president and portfolio manager at Permanent Portfolio Funds in San Francisco."
SAN FRANCISCO, May 22- If California lawmakers rely on the state budget watchdog agency's latest revenue outlook, they may build spending increases into a budget plan at odds with the relatively conservative and cautious plan urged by Governor Jerry Brown, Moody's Investors Service said on Wednesday.
May 22- Cybersecurity researcher HD Moore discovered he could use the Internet to access the controls of some 30 pipeline sensors around the country that were not password protected. U.S. national security experts used to take comfort in the belief that "rational" super powers like China or Russia were their main adversaries in cyber space.
LOS ANGELES-- Los Angeles voters have approved a proposition limiting the number of medical marijuana dispensaries in the city. With all precincts reporting Wednesday, Proposition D had around 63 percent of the votes in Tuesday's election. "I think the proposition just made sense to people," said Yes on Proposition D campaign spokeswoman Kerry Townsend Jacob. "
By Kim Dixon and Patrick Temple-West. WASHINGTON, May 22- The Internal Revenue Service official at the center of a scandal about extra tax scrutiny of conservative groups told Congress on Wednesday she had done nothing wrong but invoked her constitutional right not to answer questions.
May 22- No. 2 home improvement chain Lowe's Cos Inc reassured investors that sales trends improved significantly in April and May after seeing a weak start to the spring selling season. Like its larger rival Home Depot Inc, Lowe's said it was seeing strong sales to contractors.
SAN FRANCISCO-- California- based chicken producer Foster Farms is recalling about 6,165 pounds of its ready-to-eat grilled chicken breast strips because the strips contain wheat and soy _ known allergens _ which are not listed on the labels of its packages, federal agriculture officials said.
LINCOLN, Neb.-- A plan aimed at attracting wind-energy farms to Nebraska is headed to a final vote in the Legislature. One firm, TradeWind Energy, has expressed interest in developing a wind farm in Dixon County, near the Iowa and South Dakota border.
CHEYENNE, Wyo.-- The last of five defendants charged with defrauding investors of more than $4 million by promoting non-existent wind farm projects in Wyoming and South Dakota pleaded guilty Tuesday to felony charges.