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  • Overall, U.S. drillers reduced the number of active rigs by just one this week, oil services company Baker Hughes Inc said. In the latest week, drillers added three oil rigs in the Niobrara basin in Wyoming and Colorado and two in the Eagle Ford in South Texas, according to the closely followed report. The Permian basin in western Texas and eastern New Mexico, the...

  • US oil and natural gas rig count drops by 3 to 885 Friday, 22 May 2015 | 1:22 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by three this week to 885.. Among major oil- and gas-producing states, Louisiana lost four rigs, West Virginia declined by three and Kansas, North Dakota and Ohio each lost one. Alaska, California, Colorado, Texas, Utah and Wyoming were all...

  • SACRAMENTO, Calif.— The California Assembly on Friday approved one of the nation's toughest bans on plastic, exfoliating microbeads that are polluting waterways. Manufacturers already have pledged to phase out the materials, including L'Oreal, Unilever and Johnson& Johnson, and use natural alternatives such as apricot shells and cocoa beans.

  • DENVER— Construction crews are returning to work at the veterans hospital outside Denver after a last-minute deal with congressional leaders avoided a shutdown of the half-finished project. Congress and the Veterans Affairs Department still must find up to $830 million to finish the vastly over-budget hospital without taking services away from...

  • HOUSTON— Vanguard Natural Resources LLC will acquire Eagle Rock Energy Partners LP in a $474 million deal. Vanguard Natural Resources will also assume $140 million of debt from Eagle Rock Energy Partners, which will become a wholly-owned indirect subsidiary. The company has operations in Texas, Wyoming, Arkansas, Oklahoma, New Mexico, Montana, Colorado,...

  • Tuk-tuk taxi maker aims to make inroads in US Friday, 22 May 2015 | 2:24 AM ET

    DENVER— They're ubiquitous in Asia, swarming the bustling streets of Bangkok, New Delhi and Beijing. The Tuk Tuk Factory, based in Amsterdam, has signed a licensing agreement with Denver- based eTuk USA to allow the company to manufacture and sell an electric version of the vehicle. The three partners' other company, eTuk Denver, launched a call-and-demand shuttle...

  • Rocky Mountain Chocolate posts 4Q profit Thursday, 21 May 2015 | 8:21 AM ET

    DURANGO, Colo. _ Rocky Mountain Chocolate Factory Inc. on Thursday reported fiscal fourth-quarter net income of $1.4 million. On a per-share basis, the Durango, Colorado- based company said it had profit of 22 cents. For the year, the company reported profit of $3.9 million, or 61 cents per share.

  • Instead, researchers from the nonprofit Vera Institute of Justice found those costs are sometimes covered by other county agencies or general funds, adding to the true costs of incarceration. The New York City Department of Correction, which runs the nation's second-largest jail system with about 11,000 average daily inmates, has a $1.1 billion budget.

  • ConAgra to pay $11.2M to settle salmonella criminal case Wednesday, 20 May 2015 | 12:09 PM ET

    SAVANNAH, Ga.— ConAgra Foods agreed Wednesday to pay $11.2 million, a sum that includes the highest criminal fine ever in a U.S. food safety case, to settle a federal charge that the company shipped Peter Pan peanut butter tainted with salmonella from a plant in Georgia, sickening more than 600 people and triggering a massive recall eight years ago.

  • Hao Zhang, Wei Pang and Huisui Zhang met at the university and conspired to steal technology from Skyworks Solutions Inc. and Avago Technologies soon after graduating in 2006, authorities said. A 32- page indictment charging the six with economic espionage and theft of trade secrets was unsealed after Hao Zhang was arrested Saturday at Los Angeles...

  • US investigation of 2007 peanut butter recall wraps up Tuesday, 19 May 2015 | 3:30 PM ET

    OMAHA, Neb.— ConAgra Foods is likely to face a criminal charge now that the U.S. government has completed its investigation of the company's 2007 peanut butter recall. A spokeswoman for the U.S. attorney's office in Georgia, Pam Lightsey, said Tuesday that prosecutors plan to reveal details of the investigation Wednesday. Last year, two Colorado cantaloupe...

  • Federal prosecutors say Hao Zhang, Wei Pang and Huisui Zhang met at the university and conspired to steal technology from Skyworks Solutions Inc. and Avago Technologies soon after graduating in 2006. Both companies are publicly traded chip suppliers for Apple's iPhones and manufacture other communications-related products. A 32- page indictment...

  • GREENWOOD VILLAGE, Colo.— Red Robin Gourmet Burgers Inc. said Tuesday that its first-quarter profit rose as more customers visited and paid more on average per visit. Revenue for the Greenwood Village, Colorado- based company climbed to $394.9 million from $340.5 million, which also beat Wall Street forecasts. Red Robin's total revenue includes company-owned...

  • Obama library foundation raised $5.4 million in 2014 Monday, 18 May 2015 | 7:12 PM ET

    The Barack Obama Foundation's largest contribution of $1 million came from Fred Eychaner, a major Democratic donor and founder of Chicago- based Newsweb Corp.. The library foundation announced last week that it would establish the library on the South Side of Chicago on a site proposed by the University of Chicago, after also entertaining bids made by...

  • A security researcher told federal agents he was able to hack into aircraft computer systems mid-flight numerous times through the in-flight entertainment systems, and at one point he caused a plane he was on to move sideways, according to an FBI agent's affidavit. The researcher, Chris Roberts, was questioned upon his arrival at the Syracuse, New York, airport...

  • Dog food company recalls product over salmonella fears Monday, 18 May 2015 | 12:13 PM ET

    The Food& Drug Administration said last week that California- based OC Raw Dog has recalled its Turkey& Produce Raw Frozen Canine Formulation. The products were distributed in Colorado, Minnesota, Missouri and Pennsylvania. The FDA says pets with salmonella infections may be lethargic and have diarrhea, fever and vomiting.

  • Colorado and North Dakota each had three deaths, and Texas, Oklahoma and Montana each had one death. Most were initially considered to be due to natural causes or heart failure, but the men were later found to have all inhaled toxic amounts of hydrocarbon chemicals after tank gauging— taking measurements of oil or other byproducts in the tank— or takings samples of...

  • DENVER— Colorado's governor signed into law a crackdown on medical marijuana Monday, one of two measures designed to ferret out people improperly using and selling untaxed marijuana. The new rules have support from the recreational pot industry, which has complained that light regulation on Colorado's caregivers has invited black-market growers who...

  • WILLISTON, N.D., May 15- Oil and gas producer WPX Energy Inc would add one or two drilling rigs in North Dakota if WTI oil prices stabilized around $65 per barrel, Chief Executive Rick Muncrief told Reuters on Friday. The forecast falls in line with U.S. shale peers, several of whom have pointed to $65 to $70 per barrel as the range in which they would add rigs and ramp up...

  • WASHINGTON, May 15- When Republican Stefanie Linares ran for office in the deeply Democratic city of Chicago last year, she knew that her hard work wasn't likely to end in victory. The 31- year-old Hispanic lawyer lost her bid for the Illinois state Senate by a whopping margin. The Republican party fielded eight state legislature candidates in Chicago last year,...