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  • Cuts to food stamps will only hit 4 states Wednesday, 17 Sep 2014 | 3:17 AM ET

    WASHINGTON— Cuts to the nation's food stamp program enacted this year are only affecting four states, far from the sweeping overhaul that Republicans had pushed, an Associated Press review has found. As a result, it's unclear whether the law will realize the estimated $8.6 billion in savings over 10 years that the GOP had advertised.

  • Group levels abuse allegations against NM dairy Wednesday, 17 Sep 2014 | 1:54 AM ET

    ALBUQUERQUE, N.M.— The New Mexico Livestock Board has launched an investigation into a southern New Mexico dairy after an activist working with an animal welfare group recorded secret video showing workers whipping cows with chains and wire cables, kicking and punching the animals, and shocking them with electric prods.

  • Sacramento- based Calpers said on Monday it was pulling about $4 billion from a total of 30 hedge funds it was invested in under its Absolute Return Strategies portfolio, citing costs and difficulty in maintaining the program. BlueTrend, owned by U.K.- based BlueCrest Capital Management, could not immediately be reached for comment.

  • Business Highlights Tuesday, 16 Sep 2014 | 5:59 PM ET

    Alibaba risk: China's rise leaves out investors. WASHINGTON— American investors are clamoring to buy a stake in Chinese e-commerce giant Alibaba, which is launching what may prove the biggest initial public stock offering ever. IPOs, according to research by Jay Ritter, a finance professor at the University of Florida.

  • CAPE CANAVERAL/ WASHINGTON, Sept 16- NASA will partner with Boeing and SpaceX to build commercially owned and operated "space taxis" to fly astronauts to the International Space Station, ending U.S. dependence on Russia for rides, officials said on Tuesday.

  • Miley Cyrus date barely makes court appearance Tuesday, 16 Sep 2014 | 5:49 PM ET

    DALLAS, Oregon— The young homeless man who accompanied Miley Cyrus to the MTV Video Music Awards arrived 45 minutes late for his arraignment Tuesday on a charge that he violated his probation in Oregon.

  • Adobe falls after 3Q revenue misses estimates Tuesday, 16 Sep 2014 | 4:50 PM ET

    SAN JOSE, Calif.— Shares of Adobe Systems Inc. declined in after-hours trading Tuesday after the software maker posted third-quarter revenue below Wall Street's expectations. The San Jose, California- based company known for Photoshop, Illustrator and Acrobat posted earnings of $44.7 million, or 9 cents per share, in the three months that ended on Aug. 31.

  • Robbery suspects tried to make off with $15,600 Tuesday, 16 Sep 2014 | 4:47 PM ET

    STOCKTON, Calif.— Court documents indicate the suspects in a July bank robbery in Northern California stole $15,600 before two of them and a hostage died in a shootout with police. The three suspects held up a Bank of the West branch in Stockton on July 16, taking three hostages.

  • CAPE CANAVERAL/ WASHINGTON, Sept 16- NASA will partner with Boeing and SpaceX to build commercially owned and operated "space taxis" to fly astronauts to the International Space Station, ending U.S. dependence on Russia for rides, U.S.

  • Authorities said Braverman from 2010 to 2013 made close to $300,000 from illegal trades in stocks and options of eight companies, including Drugstore.com Inc, Dealertrack Technologies Inc and Seagate Technology Plc, involved in transactions on which Wilson Sonsini was providing legal advice.

  • NEW YORK, Sept 16- For all of those waiting for a correction in U.S. stocks, here's the news: you may have already missed it.

  • Sept 16- A federal appeals court on Tuesday threw out a jury order requiring Apple Inc to pay VirnetX Holding Corp $368.2 million in damages for infringing four patents concerning technology for providing security over the Internet.

  • Nektar says FDA clears constipation drug Movantik Tuesday, 16 Sep 2014 | 2:01 PM ET

    British drugmaker AstraZeneca PLC will market the drug, and it has also filed for regulatory approval in the European Union and Canada. The San Francisco company said Movantik will be available to patients in the first half of 2015. AstraZeneca will conduct a study to evaluate the drug's cardiovascular side effects. AstraZeneca stock fell 9 cents to $73.69.

  • Corinthian Colleges sued for predatory lending Tuesday, 16 Sep 2014 | 1:57 PM ET

    WASHINGTON— Corinthian Colleges is being sued by the federal Consumer Financial Protection Bureau for what it calls a "predatory lending scheme." The CFPB is seeking more than $500 million for borrowers who used the for-profit education company's private student loans.

  • Governor signs first California groundwater rules Tuesday, 16 Sep 2014 | 1:46 PM ET

    SACRAMENTO, Calif.— California will no longer be the last Western state with a pump-as-you-please approach to groundwater. Jerry Brown signed legislation on Tuesday overhauling the state's management of its groundwater supply, bringing it in line with other states that have long regulated their wells.

  • WASHINGTON, Sept 16- The U.S. consumer finance watchdog on Tuesday sued Corinthian Colleges for alleged predatory lending, saying that the for-profit institute lured students into taking out private student loans by touting "bogus" job prospects and using illegal debt-collection methods.

  • *Frankfurt judge sets aside previous injunction. FRANKFURT, Sept 16- A Frankfurt judge granted a reprieve to Uber, the online transportation service, setting aside a temporary injunction issued two weeks ago against the Silicon Valley company from operating a novel car-sharing service across Germany.

  • Big cities take aim at prescription painkillers Tuesday, 16 Sep 2014 | 12:29 PM ET

    The heightened rhetoric comes as Chicago tries to recover millions in health care costs from opioid drugmakers, alleging that companies deliberately misled the public about the risks of their drugs.

  • NASA picks Boeing and SpaceX to ferry astronauts Tuesday, 16 Sep 2014 | 12:23 PM ET

    CAPE CANAVERAL, Florida— NASA is a giant step closer to launching Americans again from U.S. soil. On Tuesday, the space agency picked Boeing and SpaceX to transport astronauts to the International Space Station in the next few years.

  • Sept 16- A federal appeals court on Tuesday threw out a jury order requiring Apple Inc to pay VirnetX Holding Corp $368.2 million in damages for infringing four patents concerning technology for providing security over the Internet.