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  • NEW YORK, March 30- Morgan Stanley has agreed to sell a compressed natural gas business that came under regulatory scrutiny shortly after its launch last year, according to a document obtained by Reuters and three people familiar with the matter. Two Morgan Stanley managers who were involved with Wentworth, Alberto Chiesara and Ryan Comerford, are leaving to...

  • JetBlue computer outage causes delays for passengers Monday, 30 Mar 2015 | 7:37 AM ET

    NEW YORK— A computer outage that caused delays for thousands of JetBlue Airways passengers early Monday morning has been resolved, the company said. JetBlue Airways said it had fixed a systemwide computer problem by 6:15 a.m. Eastern that has caused delays because the airline had to manually check in passengers. A list of flights on the website of New York's...

  • Ford Motor Co. said Monday that the Lincoln Continental is coming back after a 13- year hiatus. A concept version of the full-size Continental will be shown at the New York auto show this week. Lincoln, Ford's luxury division, was founded in 1917 by Henry Leland, the former manager of General Motors Co.' s Cadillac division.

  • DEARBORN, Mich.— Elvis Presley had one; so did Clark Gable. Then the name vanished amid an invasion of newer luxury cars from Europe and Asia. And it's a nod to the importance of China, where customers know the Continental name and appreciate brands with a rich history.

  • RALEIGH, N.C.— Duke Energy Corp. CEO Lynn Good saw her pay docked about $600,000 in the aftermath of last year's massive spill of collected coal ash that coated 70 miles of a North Carolina river in sludge containing toxic heavy metals. Directors of the country's largest electric company said the executives were docked because the spill will cost Duke Energy...

  • OMAHA, Neb.— The smell of Cuban coffee drifts from the kitchen as Carolyn Chester digs through photos, faded with age, that fill four boxes spread across the dining table. "I always heard about Cuba... and all this money that we lost and' Maybe one day,' but I didn't understand it." Soon after Fidel Castro won control of Cuba in 1959, his government began confiscating the...

  • WASHINGTON— With Republicans muscling a balanced-budget plan through the Senate, Congress is positioned for months of battling President Barack Obama over the GOP's goals of slicing spending and dismantling his health care law. The Senate was beginning a spring recess after approving the measure, leaving Congress' two GOP- run chambers to negotiate a...

  • DIARY- Top Economic Events to April 10 Friday, 27 Mar 2015 | 8:01 PM ET

    STONE MOUNTAIN, United States- Federal Reserve vice chair Stanley Fischer speaks at dinner before the 2015 Financial Markets Conference hosted by the Federal Reserve Bank of Atlanta- 2315 GMT. RICHMOND, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, March 2015" before the Greater Richmond Chamber of...

  • Better economy awakens house dreamers Friday, 27 Mar 2015 | 1:00 PM ET

    Luxury building is again booming in the traditionally high-end parts of the country, like the Hamptons, as the economy continues to improve.

  • Hunter Newby describes himself as a real estate entrepreneur, even if he's not marketing houses or land. Newby is chief executive of Allied Fiber, a New York firm that is nearing completion of a broadband route from Miami to Atlanta. One of those weak points was exposed last month when vandals sliced a fiber-optic cable in the Arizona desert between Phoenix and...

  • The Miami company earned $49 million, or 6 cents per share, for the three months ended Feb. 28. Carnival's stock added $2.67 to $47.09 in morning trading. Revenue dipped to $3.53 billion from $3.59 billion, falling short of the $3.56 billion that Wall Street expected.

  • Carnival beats 1Q profit forecasts Friday, 27 Mar 2015 | 10:07 AM ET

    MIAMI _ Carnival Corp. on Friday reported fiscal first-quarter net income of $49 million, after reporting a loss in the same period a year earlier. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share. Eight analysts surveyed by Zacks expected $3.57 billion.

  • Stephen King gets no apology from Maine governor Friday, 27 Mar 2015 | 8:11 AM ET

    Instead, he contends he said King is "not in Maine right now." Kenneth Curtis moved to Florida "where there is zero income tax. King, who lives in Bangor and pays Maine income taxes, demanded an apology.

  • TALLAHASSEE, Fla., March 26- A bill to create two casino gambling "destination resorts" in south Florida divided the Republican-controlled statehouse on Thursday, with the expansion of craps, slot machines and high-stakes gaming opposed by family-oriented tourist attractions. Proponents argue that Florida is losing billions in tourism revenue to Caribbean...

  • New Jersey suit over Florida pizza shop logo tossed Thursday, 26 Mar 2015 | 4:34 PM ET

    TRENTON, N.J.— The New Jersey Turnpike Authority's lawsuit against a Florida pizza shop for using a logo similar to the Garden State Parkway's green and yellow signs has been tossed. The agency sued Jersey Boardwalk Pizza in July over the logo it uses for its two Florida pizza shops, in Tavernier and Homestead, and on merchandise sold online. It said the company was...

  • ATLANTA— In the political uproar over Common Core, various myths are peddled as fact. Rand Paul slams "rotten to the core" propaganda forced on children by an initiative that has no curriculum at all. Even so, the 2016 GOP presidential prospects who are criticizing Common Core have a point— if an overstated one— when they dispute the notion that it is strictly a...

  • Company officials say they expect the new Malibu to deliver $1,500 a car more profit than its predecessors. To win over skeptical consumers, GM's ads for the new Malibu will tout the car's quality, styling, fuel-efficiency, and a myriad of safety and connectivity features. GM's sales goals for the Malibu are important, because the car is a key piece of GM Chief...

  • The investigation led by the Federal Trade Commission and law enforcement resulted in 252 enforcement actions and $2.6 million in consumer refunds and fees. Officials say the more recent investigation in U.S. and Canada involved the Justice Department and state prosecutors. "The clear message is that across this country, and indeed internationally, law...

  • DENVER— Congress should cancel all VA employee bonuses and use the money to finish the budget-busting Denver veterans hospital, Colorado Rep. Coffman and other lawmakers are angry that the Department of Veterans Affairs awarded thousands of dollars in bonuses to its top construction official, Glenn Haggstrom, even though hospitals in Denver, Las Vegas, New...

  • Census: Florida city tops list of fastest-growing areas Thursday, 26 Mar 2015 | 12:08 AM ET

    New figures released Thursday by the U.S. Census Bureau showed Florida was home to six of the nation's 20 fastest-growing metro areas from July 1, 2013, to July 1, 2014. The Villages retirement community located northwest of Orlando was the nation's fastest-growing metro area last year with a 5.4 percent increase that raised the population to 114,000...