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  • VAN HORN, Texas— An isolated edge of vast West Texas is home to a highly secretive part of the 21st- century space race, one of two being directed in the Lone Star State by Internet billionaires whose personalities and corporate strategies seem worlds apart. The presence of Blue Origin, LLC, the brainchild of Amazon founder Jeff Bezos, barely registers in nearby Van...

  • District Judge Thomas Griesa, who will preside over the trial in federal court in Manhattan, said in a court order on Thursday that because of Grooveshark's actions he will tell jurors they can choose to award the statutory maximum of $150,000 in damages per song. But if the jury awards that amount, Grooveshark's parent company, Escape Media Group Inc, could be...

  • WASHINGTON, April 24- Aiming to acquire more budget powers and take a swipe at Obamacare, Republicans will likely scrap a proposal that stirred controversy and helped launch Wisconsin congressman Paul Ryan on the national stage: privatizing the Medicare health program. Ryan's bold Medicare "premium support" plan would be sacrificed to ensure passage of...

  • District Judge Thomas Griesa, who will preside over the trial in federal court in Manhattan, said in a court order on Thursday that because of Grooveshark's actions he will tell jurors they can choose to award the statutory maximum of $150,000 in damages per song. But if the jury awards that amount, Grooveshark's parent company, Escape Media Group Inc, could be...

  • Recalls this week: vacuum cleaners, bicycles Friday, 24 Apr 2015 | 1:55 PM ET

    Vacuum cleaners that pose an electric shock risk to users are among this week's recalled consumer products. Others include Trek bicycles with a defect that has caused several injuries. They were sold at Bed Bath& Beyond, Best Buy, Kohl's, Lowes, Target and other stores nationwide, online at www.sharkclean.com and through television infomercials from August...

  • Seacor reports 1Q loss Thursday, 23 Apr 2015 | 5:57 PM ET

    FORT LAUDERDALE, Fla. _ Seacor Holdings Inc. on Thursday reported a first-quarter loss of $19.6 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Fort Lauderdale, Florida- based company said it had a loss of $1.10. Seacor shares have climbed slightly more than 1 percent since the beginning of the year.

  • SBA Communications reports 1Q loss Thursday, 23 Apr 2015 | 5:42 PM ET

    BOCA RATON, Fla. _ SBA Communications Corp. on Thursday reported a first-quarter loss of $79 million, after reporting a profit in the same period a year earlier. For the current quarter ending in June, SBA Communications said it expects revenue in the range of $403 million to $413 million. SBA Communications shares have increased 12 percent since the beginning of...

  • FCB Financial reports 1Q loss Thursday, 23 Apr 2015 | 5:12 PM ET

    WESTON, Fla. _ FCB Financial Holdings Inc. on Thursday reported a first-quarter loss of $16.9 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share. This story was generated by Automated Insights using data from Zacks Investment...

  • The agreement to allow fire detection and suppression systems to resume operating was reached Tuesday during a hearing between Glenn Straub and ACR Energy Partners. "I determine that there is an agreement, that the terms of it have been spelled out in detail on the record and accepted," Judge Jerome Simandle said at the hearing, according to a transcript obtained...

  • Landstar misses Street 1Q forecasts Thursday, 23 Apr 2015 | 4:48 PM ET

    JACKSONVILLE, Fla. _ Landstar System Inc. on Thursday reported first-quarter profit of $30 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share. Six analysts surveyed by Zacks expected $779.2 million.

  • Panama acts to clean up reputation for money laundering Thursday, 23 Apr 2015 | 4:39 PM ET

    PANAMA CITY— Panama took a major step in an effort to clean up its reputation as Latin America's premier hub for money laundering. The nation's legislature late Wednesday unanimously approved a proposed law that will toughen supervision of more than a dozen non-financial sectors where illicit proceeds from the sale of narcotics, corruption and terrorism...

  • NEW YORK, April 23- U.S. "The weaker economic data certainly helped pulled some bids back into the market," said Andrew Richman, fixed income strategist at SunTrust Private Wealth Management in Palm Beach, Florida. Uneasiness about Greece and its future in the euro zone also underpinned safe-haven demand for Treasuries.

  • Paul Sarlo, a Bergen County Democrat, on Thursday asked Herman Saatkamp to testify before a Senate panel on April 30 about the plan to convert the former Showboat casino into part of the university. Florida developer Glenn Straub then bought it for $26 million from Stockton on April 3. Straub plans to let Stockton use it as a campus, but the neighboring Taj Mahal...

  • unit of Wells Fargo& Co, added eight advisers from Morgan Stanley and brokerage firm Edward Jones. G. "Carey" Revels, Craig Goldberg and Jonathan Zucker joined Wells Fargo Advisors from Morgan Stanley. Revels managed more than $108 million in client assets at Morgan Stanley and joined Wells Fargo's Hattiesburg, Mississippi office.

  • DETROIT— A judge won't dismiss a lawsuit filed on behalf of a transgender embalmer who was fired by a Detroit- area funeral home after disclosing that she was transitioning from male to female and would dress as a woman. It's an early victory for the U.S. Equal Employment Opportunity Commission in litigation against R.G.& G.R. Harris Funeral Home in Garden City.

  • RTI Surgical tops Street 1Q forecasts Thursday, 23 Apr 2015 | 9:36 AM ET

    ALACHUA, Fla. _ RTI Surgical Inc. on Thursday reported first-quarter net income of $3.7 million, after reporting a loss in the same period a year earlier. For the current quarter ending in June, RTI Surgical said it expects revenue in the range of $70 million to $71 million. RTI Surgical shares have climbed slightly more than 9 percent since the beginning of the year.

  • BankUnited meets 1Q profit forecasts Thursday, 23 Apr 2015 | 8:57 AM ET

    MIAMI LAKES, Fla. _ BankUnited Inc. on Thursday reported first-quarter earnings of $46.5 million. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 44 cents per share. BankUnited shares have increased 16 percent since the beginning of the year.

  • Jarden reports 1Q loss Thursday, 23 Apr 2015 | 8:27 AM ET

    BOCA RATON, Fla. _ Jarden Corp. on Thursday reported a first-quarter loss of $55.5 million, after reporting a profit in the same period a year earlier. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of 6 cents per share. Jarden shares have climbed almost 8 percent since the beginning of the year.

  • MarineMax misses 2Q profit forecasts Thursday, 23 Apr 2015 | 7:57 AM ET

    CLEARWATER, Fla. _ MarineMax Inc. on Thursday reported fiscal second-quarter net income of $390,000, after reporting a loss in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. MarineMax shares have climbed 33 percent since the beginning of the year.

  • Capital Bank posts 1Q profit Thursday, 23 Apr 2015 | 7:42 AM ET

    CORAL GABLES, Fla. _ Capital Bank Financial Corp. on Thursday reported first-quarter net income of $11.4 million. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 27 cents per share. Capital Bank shares have increased 5.5 percent since the beginning of the year.