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  • MIAMI, March 5- A $5 million class-action lawsuit filed this week in Florida accuses hardwood and laminate flooring giant Lumber Liquidators, Inc of selling products laden with cancer-causing chemicals. Senator Bill Nelson of Florida, the ranking Democrat on the Senate Committee on Commerce, Science and Transportation, called on federal agencies Wednesday...

  • Chesapeake Utilities posts 4Q profit Thursday, 5 Mar 2015 | 7:13 AM ET

    DOVER, Del. _ Chesapeake Utilities Corp. on Thursday reported fourth-quarter profit of $10.1 million. On a per-share basis, the Dover, Delaware- based company said it had profit of 69 cents. Chesapeake Utilities shares have decreased almost 7 percent since the beginning of the year.

  • Late winter snowstorm blankets South, Northeast Thursday, 5 Mar 2015 | 4:31 AM ET

    Meanwhile, areas farther north, such as Maryland and New Jersey, were already seeing snow early Thursday and federal workers in the Washington area were told to stay home. The federal government says its offices in the Washington area will be closed Thursday because of a new round of winter weather expected in the region. The Office of Personnel Management says...

  • WILMINGTON, Delaware— A Delaware judge signaled Wednesday that he will approve a $275 million settlement in a shareholder lawsuit alleging that videogame maker Activision Blizzard was shortchanged in a $6 billion buyback of shares from French media conglomerate Vivendi SA in 2013.. The lawsuit alleged that Activision executives and directors, including...

  • March 4- The judge overseeing RadioShack Corp's Chapter 11 bankruptcy case on Wednesday approved a revised $1.5 million bonus plan for eight top executives at the electronics retailer, over the objection of the U.S. Bankruptcy Judge Brendan Shannon said that while he shared some of the trustee's concerns over the key executive incentive plan, or KEIP, he was...

  • Greif misses Street 1Q forecasts Wednesday, 4 Mar 2015 | 4:39 PM ET

    DELAWARE, Ohio _ Greif Inc. on Wednesday reported fiscal first-quarter net income of $30.1 million. Greif expects full-year earnings in the range of $2.25 to $2.35 per share. Greif shares have decreased nearly 8 percent since the beginning of the year.

  • March 3- The operating unit of casino company Caesars Entertainment Corp unveiled its plan to cut $10 billion of debt and to exit Chapter 11 in a late Monday filing with a U.S. Bankruptcy Court. Bankruptcy Judge Benjamin Goldgar in Chicago and creditors, a process that can easily take a year. The plan was filed on Monday when the parent company Caesars...

  • Caesars' operating unit files bankruptcy exit plan Tuesday, 3 Mar 2015 | 12:20 PM ET

    March 3- The operating unit of casino company Caesars Entertainment Corp unveiled its plan to cut $10 billion of debt and to exit Chapter 11 in a late Monday filing with a U.S. Bankruptcy Court. Bankruptcy Judge Benjamin Goldgar in Chicago and creditors, a process that can easily take a year or more. The plan was filed on Monday when the parent company Caesars...

  • EVANSVILLE, Ind.— Personal finance company Springleaf Holdings is buying Citigroup's OneMain Financial for $4.25 billion. The Citigroup subsidiary, originally founded as Commercial Credit, has about 5,600 employees. Citi said that it will use part of the proceeds from the sale to retire certain funding that currently supports Citi Holdings.

  • March 2- The Philadelphia Federal Reserve on Monday named Patrick Harker, one of its directors and the head of the University of Delaware, as its president and newest U.S. monetary policymaker. Harker, a lifelong resident of Pennsylvania and neighboring Delaware, has been president since 2007 of the university, where he teaches business administration and...

  • House Roll Call: Approving 1-week DHS funding bill Friday, 27 Feb 2015 | 10:25 PM ET

    The 357-60 roll call Friday by which the House approved a bill to fund the Homeland Security Department for one week. The bill goes to President Barack Obama for his signature. Republicans— Aderholt, X; Brooks, N; Byrne, Y; Palmer, N; Roby, Y; Rogers, Y.

  • Feb 27- While U.S. corporations sometimes may be viewed as persons when it comes to religious beliefs and free speech, a Delaware judge has ruled they cannot be called to testify in court. Dole's owner, Chief Executive David Murdock, Deutsche Bank and two directors are defending against shareholder allegations they engineered a deal that allowed Murdock to buy...

  • Feb 26- GameStop Corp may sharply increase the number of its Spring Mobile stores after the company bid on Wednesday for the right to take 163 leases over from electronics retailer RadioShack Corp, which filed for bankruptcy this month. The agreement allows GameStop to decide in about two months if it will take on the obligation of the RadioShack leases or...

  • WILMINGTON, Del., Feb 25- RadioShack Corp got approval on Wednesday from a U.S. Bankruptcy Court judge to auction about 2,000 stores with an initial $200 million bid from the Standard General hedge fund. Wednesday's hearing was the first time the bankrupt company has put an estimated value on the sale agreement with Standard General, which will keep about half of...

  • WILMINGTON, Del., Feb 25- RadioShack Corp's sale of about 2,000 stores to a hedge fund is worth $200 million, an advisor to the electronics retailer told a U.S. Bankruptcy Court on Wednesday. This was the first time the bankrupt company has put an estimated value on the sale agreement with Standard General, which will keep about half of RadioShack's stores open and...

  • RadioShack to slow sale process; GameStop eyes stores Wednesday, 25 Feb 2015 | 12:20 PM ET

    WILMINGTON, Del, Feb 25- Bankrupt RadioShack Corp will slow the process of selling its surviving stores, while GameStop Corp has expressed interest in some of its 1,100 locations that are being closed this month, a lawyer for the electronics retailer told a judge on Wednesday. RadioShack entered Chapter 11 bankruptcy earlier this month with about 4,000 stores.

  • Hosman is CEO of Assessments.com, a Utah company with about 100 contracts with state and county governments from Florida to California. An early advocate and true believer in the industry, Hosman has spoken at justice forums in Texas, Idaho and Washington state. He also has been a frequent visitor to county jails in his home state of Utah and other states in the...

  • NEW YORK, Feb 24- The shuttered Revel Casino Hotel in Atlantic City, New Jersey, again has a buyer- and again it's Florida developer Glenn Straub, who was lured back by a discounted price of $82 million. New Jersey's governor, Chris Christie, recently appointed an emergency manager to reinvigorate the city's finances and appointed Kevyn Orr, who put Detroit into...

  • State-by-state breakdown of used cars with open recalls Tuesday, 24 Feb 2015 | 12:18 PM ET

    Carfax, a company that sells vehicle history reports to dealers and car buyers, searched recalls and state registration databases and found that more than 46 million cars are on U.S. roads with recalled parts that have yet to be repaired. Here is a state-by-state breakdown of cars with unfixed recalls in 2014:. Source: Study of 2014 state registration data by...

  • WILMINGTON, Delaware, Feb 23- Dole Food Co owner David Murdock began a trial on Monday defending his 2013 buyout of the world's largest fruit and vegetable producer with often unfocused testimony about his unusual memory, passion for nutrition and dislike of people talking about his age. Shareholder attorney Stuart Grant pressed Murdock for more than five...