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  • Bankruptcy judge voids sale of New Jersey casino Friday, 12 Dec 2014 | 10:30 AM ET

    CAMDEN, N.J.— A bankruptcy court judge on Friday voided the proposed sale of the former Revel Casino Hotel in Atlantic City to a Canadian firm. Judge Gloria Burns granted a request by Revel Entertainment to cancel the $110 million sale to Toronto- based Brookfield Asset Management. His Polo North Country Club was the runner-up in the auction, with a bid of $95...

  • DETROIT, Dec 12- Chrysler Group is expanding its U.S. recall of older-model vehicles with Takata Corp passenger-side air bags, adding a second inflator design to the recall and more affected regions. The company said no accidents or injuries in any of its vehicles have been linked to any Takata passenger-side inflators. Chrysler was one of 10 automakers who...

  • Hudson Valley town getting $100M retail center Friday, 12 Dec 2014 | 9:22 AM ET

    NEWBURGH, N.Y.— Some of the nation's most popular big-box retailers will have stores in a $100 million retail and entertainment center to be built in the Hudson Valley. The Times Herald-Record of Middletown reports that the head of The Wilder Cos., a Boston- based developer, announced Thursday that BJ's Wholesale Club, Dick's Sporting Goods, Field& Stream and...

  • Chrysler expands air bag recall Friday, 12 Dec 2014 | 8:16 AM ET

    It's part of a growing problem worldwide with air bag inflators made by Japanese auto parts supplier Takata Corp.. At first Chrysler agreed to replace passenger air bag inflators in Florida, Hawaii, Puerto Rico and the U.S. Virgin Islands. The new boundaries are Alabama, Florida, Georgia, Hawaii, Louisiana, Mississippi, Texas and five U.S. territories.

  • 5-ton storage pod crushes woman who's unloading it Friday, 12 Dec 2014 | 6:23 AM ET

    CLAY, N.Y.— Police say a 5- ton storage pod fell off a truck at a New York facility, crushing the woman who was trying to unload it. The Onondaga County Sheriff's Office says 38- year-old Alicia Henderson was unloading the portable storage unit from a truck at the PODS facility in the town of Clay on Thursday afternoon when one of the straps got tangled.

  • Spending bill cleaves Pelosi from Obama and Senate Friday, 12 Dec 2014 | 3:24 AM ET

    WASHINGTON— Democratic House leader Nancy Pelosi was the odd person out when the Democratic-led Senate and the Democratic president joined most House Republicans in backing a $1.1 trillion spending bill she opposed. She said she was "enormously disappointed" the White House backed it. Less than three hours before the government was to run out of money, Pelosi...

  • Greenpeace activists take plea deal in P&G protest Friday, 12 Dec 2014 | 1:28 AM ET

    P&G has said it's working with Greenpeace to eliminate deforestation in its palm oil supply chain, the subject of the March 4 protest. Mark Piepmeier, lead prosecutor on the case, said authorities were told Greenpeace and P&G have been working together "more collaboratively," and prosecutors honored the company's request to offer the plea deal.

  • SeaWorld CEO to step down, company to cut jobs Thursday, 11 Dec 2014 | 6:15 PM ET

    SeaWorld did not say how many jobs it would cut, as part of its restructuring plan aimed at saving about $50 million by the end of 2015.. Negative publicity has hurt SeaWorld' s 11 park enterprises, with attendance rising only twice in the last seven quarters. SeaWorld shares closed at $16.09 on the New York Stock Exchange on Thursday.

  • SeaWorld CEO to step down as park attendance drops Thursday, 11 Dec 2014 | 4:40 PM ET

    PORTLAND, Ore.— SeaWorld Entertainment Inc. said Thursday that its CEO is stepping down as head of the company and named its chairman as interim leader. SeaWorld has also been battling negative publicity since the release of "Blackfish" last year, a documentary that suggested its treatment of animals may have led to the death of trainers. SeaWorld has been trying...

  • Hotel owner: I'll open small Atlantic City casino Thursday, 11 Dec 2014 | 3:17 PM ET

    ATLANTIC CITY, N.J.— Someone is interested in opening a new casino in Atlantic City after all. The new casino would be the first to open in Atlantic City since the ill-fated Revel debuted in April 2012, only to close less than two years later. It was approved by a state Senate committee Thursday, one of several measures state lawmakers are considering to help Atlantic...

  • Correction: Tech Diversity-Making It Happen story Thursday, 11 Dec 2014 | 2:26 PM ET

    SANTA CLARA, Calif.— In a story Dec. 10 about efforts to diversify the technology industry, The Associated Press misspelled the name of a computer coding camp co-founded by Liliana Monge. SANTA CLARA, Calif.— Civil rights leader Jesse Jackson spent most of this year pressuring the technology industry into facing up to the glaring scarcity of women, blacks and...

  • Starboard buys stakes in Staples, Office Depot Thursday, 11 Dec 2014 | 11:24 AM ET

    NEW YORK— Starboard Value, a New York- based activist hedge fund, said it bought a stake in office supplies retailer Staples and increased its stake in rival Office Depot. Shares of Staples and Office Depot rose sharply Thursday morning. Starboard said it bought a 5.1 percent stake in Staples and increased its stake in Office Depot to 9.9 percent from 8.6 percent.

  • Architects of brutal methods had little experience Thursday, 11 Dec 2014 | 3:20 AM ET

    WASHINGTON— When the CIA set out to design a program to elicit intelligence from captured terrorists, it turned to two former Air Force psychologists with no practical interrogation experience and no specialized knowledge of al-Qaida, according to a Senate investigation released this week. The spy agency ended up outsourcing much of its interrogation...

  • World Trade Center tower boasts large-scale art Thursday, 11 Dec 2014 | 12:49 AM ET

    NEW YORK— The new 1 World Trade Center opened to great fanfare last month as the first tenants moved into the 1,776- foot tower through a vast lobby dominated by a monumental abstract mural. Asher Edelman, whose New York gallery curated the works, said the only criteria were that they be abstract, thought-provoking and exciting enough to get people "to look up from...

  • Congress passes sanctions on Venezuela officials Thursday, 11 Dec 2014 | 12:28 AM ET

    WASHINGTON— Congress has cleared and sent to President Barack Obama legislation directing him to levy sanctions against Venezuelan government officials involved in a crackdown on anti-government protesters. "The absence of justice and the denial of human rights in Venezuela must end, and the U.S. Congress is playing a powerful part in righting this wrong,"...

  • WASHINGTON, Dec 11- Fast food chain Burger King will avoid hundreds of millions of dollars in U.S. taxes if, as planned, it completes its pending buyout of Canadian coffee-and-doughnuts chain Tim Hortons, a tax activist group said on Thursday. In one of the most notable of several corporate tax "inversion" deals this year, Florida- based Burger King announced in late...

  • WASHINGTON, Dec 11- Foreclosure activity across the United States fell in November as banks repossessed fewer homes and scheduled a lower number of auctions, according to a report released on Thursday. "The housing market is struggling to find the new normal when it comes to a tolerable level of foreclosure activity in this post-Great Recession economy,"...

  • Renasant of Miss. buying Ga. bank in $258M deal Wednesday, 10 Dec 2014 | 6:45 PM ET

    JACKSON, Miss.— Mississippi- based regional bank Renasant Corp. said Wednesday that it will acquire Georgia- based Heritage Financial Group, the parent of HeritageBank of the South for $258 million in stock. The merger will move Renasant, based in Tupelo, into southern Georgia and northern Florida for the first time and slightly bolster the bank's position in the...

  • Hilton Worldwide in talks to buy four hotels - Bloomberg Wednesday, 10 Dec 2014 | 4:25 PM ET

    Dec 10- Hilton Worldwide Holdings Inc is in talks to buy four properties from Blackstone Group LP and others for deferring tax payments from the sale of its Waldorf Astoria hotel in New York, Bloomberg reported. The company is planning to buy San Francisco's Parc 55 Wyndham, two Waldorf Astoria resorts in Key West and one in Orlando, Florida, the report said, citing...

  • Dec 10- The new proposed buyer for the shuttered Revel Casino Hotel said Wednesday that he will not give up his legal challenge to the auction of the Atlantic City, New Jersey, complex even though the winning bidder walked away from the deal. Revel filed papers overnight seeking approval to terminate its deal with Brookfield Property Partners LP and schedule a...