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  • NEW YORK— Tom Fiore knows what it's like to sit in a taxi for as long as two agonizing hours, over bridges or through a tunnel, to travel a mere eight miles from midtown Manhattan to LaGuardia Airport in Queens. Neighboring John F. Kennedy and Newark have it, and projects are currently underway at Washington Dulles, Los Angeles and Denver. Cuomo's $450 million proposal,...

  • ISIS claims beheading of Japanese hostage Saturday, 24 Jan 2015 | 3:32 PM ET
    An armed motorcade belonging to members of Derna's Islamic Youth Council, consisting of former members of militias from the town of Derna, drive along a road in Derna, eastern Libya October 3, 2014.

    Japan expressed outrage at an image that purported to show the decapitated body of one of two Japanese hostages captured by ISIS.

  • 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...

  • Fake schools draw scrutiny of federal investigators Saturday, 24 Jan 2015 | 10:50 AM ET

    SAN FRANCISCO— From her hometown in India in 2010, Bhanu Challa said she had no reason to doubt that Tri-Valley University was a legitimate American school where she could pursue a master's degree. Authorities told her that Tri-Valley was a sham school. Tri-Valley is among at least half a dozen schools shut down or raided by federal authorities in recent years...

  • FLAGSTAFF, Ariz.— To those who know and love the Grand Canyon, the names of its historic lodges are synonymous with the national park itself. Phantom Ranch, Bright Angel Lodge, El Tovar— all bring to mind a place coveted worldwide for its sweeping views, river rapids and history told though layers of geology. But the fate of those names is up for debate after a longtime...

  • LAS VEGAS— Adult film production migrated from California to Nevada after voters in Los Angeles County approved a law requiring condom use on set. Nevada health officials said Friday that they're considering strict brothel-style regulations for a booming adult film industry following the announcement last month that two male performers tested positive...

  • NEW YORK, Jan 23- The Federal Reserve could be key for Wall Street next week as investors get to hear from the U.S. central bank for the first time since a series of moves by its global peers, including the European Central Bank's massive stimulus plan. But the increased stimulus measures from the ECB and elsewhere globally, including the Bank of Canada, may make it...

  • KANSAS CITY, Mo.— Twenty-eight oil companies and retailers have agreed to settle litigation claiming customers were knowingly overcharged when gas station fuel temperatures rose, plaintiffs announced Friday. Federal officials earlier consolidated about 50 lawsuits filed since 2006 from consumers across the country in the U.S. District Court in Kansas...

  • Scott Walker will have to plug a roughly $280 million budget shortfall by the end of June, and the state faces a two-year deficit that could be as large as $2 billion, based on new estimates released Friday by the nonpartisan Legislative Fiscal Bureau. Wisconsin's two-year shortfall hits about $2 billion when state agency requests— which will certainly not be...

  • HARTFORD, Conn.— Connecticut's population decreased slightly from July 2013 to July 2014 as about 26,000 more people moved out of state than moved in, according to U.S. Census Bureau estimates. The overall population drop of 2,664 people during that period, which includes births, deaths and international migration, was the first time Connecticut's population...

  • LOS ANGELES— A major measles outbreak traced to Disneyland has brought criticism down on the small but vocal movement among parents to opt out of vaccinations for their children. In a rash of cases that public health officials are rushing to contain, at least 70 people in six states and Mexico have fallen ill since mid-December, most of them from California.

  • $2 gasoline: Good times keep rolling at the pump Friday, 23 Jan 2015 | 1:30 PM ET

    But for the first time since 2009, most Americans are paying less than $2 a gallon. "It's crazy," says Michael Noel, an economics professor at Texas Tech University who studies oil and gasoline prices. U.S. crude oil traded Friday just below $46 a barrel and the average price for a gallon of gas was $2.04.

  • Jan 23- Shares of online data storage provider Box Inc rose as much as 77 percent in their market debut as investors bet on the company's ability to turn profitable in a highly competitive market, boding well for another big year for IPOs. Box's shares, which priced at $14, hit a high of $24.72 in morning trading on the New York Stock Exchange on Friday, valuing the...

  • PHILADELPHIA— A university student detained at a U.S. airport for five hours in 2009 over Arabic language flashcards in his pocket that included the words "bomb" and "to kill" has won a $25,000 settlement from the Justice Department. The settlement with Nicholas George, now a Google programmer, also includes more training for police. George, then 21, was returning to...

  • SAN FRANCISCO— More than $300,000 in world-class wine stolen from a famed Napa Valley restaurant has been recovered from a private cellar on the other side of the country. The Yountville establishment is rated three stars in the Michelin guide and twice has been named the world's best by Restaurant Magazine. Still, those in the tight-knit Napa Valley wine...

  • Jan 23- McDonald's Corp warned on Friday that business will be weak in the first half of 2015 and it is cutting its annual construction budget to the lowest in more than five years as it opens fewer restaurants in struggling markets. It struggled to recover from a food scare in China that battered Asian sales and wrestled with economic weakness and political...

  • Online storage provider Box soars in Wall Street debut Friday, 23 Jan 2015 | 10:26 AM ET

    SAN FRANCISCO— Box's shares soared more than 70 percent in their stock market debut Friday despite the online storage provider's decade-long history of losses, a showing that may encourage more unprofitable technology startups to go public this year. The start on the New York Stock Exchange came after Box Inc. sold 12.5 million shares for $14 apiece in a...

  • DreamWorks is responsible for huge hits like "Shrek" and " Madagascar," but more recent films such as "Turbo" and "How to Train Your Dragon 2" have not done as well as anticipated. DreamWorks now plans to focus on one original film and one sequel each year. Wible said in a research note that investors see higher risk and little growth from the company's core film division...

  • Pacific Mercantile posts 4Q profit Friday, 23 Jan 2015 | 8:34 AM ET

    COSTA MESA, Calif. _ Pacific Mercantile Bancorp on Friday reported fourth-quarter net income of $390,000, after reporting a loss in the same period a year earlier. The Costa Mesa, California- based bank said it had earnings of 1 cent per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *Uber applies for radio taxi license in New Delhi. NEW DELHI, Jan 23- Uber, the U.S.-based online taxi-hailing company, has restarted services in India's capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted. Uber's app showed taxis available for booking in New Delhi on Friday.