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  • Unemployment rates fell in 41 US states last month Friday, 19 Dec 2014 | 10:35 AM ET

    The Labor Department said Friday that unemployment rates rose in only three states: Connecticut, Louisiana, and Washington state. North Dakota's 2.7 percent unemployment rate was lowest in the nation, while Mississippi's 7.3 percent rate was the highest. The biggest job gains occurred in California, which added 90,100 jobs in November, followed by Florida,...

  • Carnival reports 4Q loss Friday, 19 Dec 2014 | 9:31 AM ET

    MIAMI _ Carnival Corp. on Friday reported a fiscal fourth-quarter loss of $102 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. Analysts expected $3.79 billion, according to Zacks.

  • Hope and some fear in Cuba amid thaw with US Thursday, 18 Dec 2014 | 5:56 PM ET

    HAVANA— The restoration of diplomatic ties between Cuba and the United States unleashed expectations Thursday of even more momentous changes on an island that often seems frozen in a past of classic cars and crumbling Art Deco buildings. Some fear a cultural onslaught, or that crime and drugs, both rare in Cuba, will become common along with visitors from the...

  • Correction: Cuba-Travel story Thursday, 18 Dec 2014 | 3:18 PM ET

    NEW YORK— NEW YORK— In a story Dec. 17 about travel to Cuba, The Associated Press reported erroneously the number of Americans who were authorized to travel to Cuba last year. US travel industry carefully eyeing Cuba tourism. NEW YORK— Cuba was once a haven for sun-seeking American tourists.

  • HAVANA, Dec 18- From bus drivers to bartenders and ballet dancers, many Cubans are already imagining a more prosperous future after the United States said it will put an end to 50 years of conflict with the communist-run island. Old Havana is a center of Cuba's tourism industry and boasts fine colonial buildings, some exquisitely restored but others in disrepair.

  • Questions and answers about traveling to Cuba Thursday, 18 Dec 2014 | 2:51 PM ET

    While the U.S. plans to restore diplomatic ties with the Caribbean island nation, globe-trotting tourists won't be able to hop on a plane to Havana anytime soon. Still, travel companies are salivating at the chance to set up shop in Cuba. Delta Air Lines, JetBlue Airways, Hilton Worldwide, Marriott International and the Carnival Corp. all expressed interest this...

  • Jeb Bush to step down from Barclays Thursday, 18 Dec 2014 | 12:54 PM ET

    WASHINGTON— Taking another step toward a presidential run, Jeb Bush is resigning his advisory role with British banking giant Barclays. A Bush spokesman said Thursday that the former Florida governor would leave his senior adviser position at the end of the year. The news comes two days after Bush announced plans to "actively explore" a White House bid.

  • DAVENPORT, Iowa, Dec 18- Life-long Republican Bob Shelley neatly folds his newspaper and uses it as a coaster, placing his coffee mug over a photo of former Florida Governor Jeb Bush, who just announced he will explore a bid for the White House in 2016.. In Iowa, which holds the first presidential nominating contest in early 2016, voters are used to hearing out...

  • NEW YORK, Dec 18- There are plenty of lists proclaiming "The Best Places to Retire." Designed by real estate information company Zillow.com for Reuters, it incorporates reams of data on more than 15,000 locales across the United States. For instance, if you find all of the screening categories to be very important, and you are looking for a reasonably-priced home,...

  • SpaceX delays space station delivery until Jan. Thursday, 18 Dec 2014 | 9:10 AM ET

    SpaceX spokesman John Taylor said a test firing of the rocket engines earlier this week did not go precisely as planned at the Cape Canaveral launch pad. NASA says the delay will not affect the space station or its six occupants: two Americans, one Italian and three Russians. The space agency is paying SpaceX and Orbital Sciences Corp. to launch supplies and...

  • Ford expands drivers air bag recall nationwide Thursday, 18 Dec 2014 | 8:47 AM ET

    DETROIT— Ford Motor Co. has agreed to government demands to expand a driver's side air bag inflator recall to the entire U.S. Ford's action puts pressure on BMW and Chrysler, the only two automakers that haven't agreed to national recalls. Honda and Mazda already took their recalls national.

  • Feds: Uganda-based man counterfeited $2M in cash Thursday, 18 Dec 2014 | 7:47 AM ET

    PITTSBURGH— Federal authorities have charged a man with leading an international counterfeit money operation based in the African nation of Uganda, and shipping bogus bills to the Pittsburgh area and other locations in the United States. Gustafson was arrested Dec. 11 in Uganda and investigators seized sophisticated printers and other equipment...

  • Thief fakes heart attack so friend can steal toys Thursday, 18 Dec 2014 | 6:34 AM ET

    LAKE WALES, Fla.— Authorities say a man faked a heart attack inside a central Florida Wal-Mart store so his friend could steal toys. The men— 30- year-old Tarus Scott and 27- year-old Genard Dupree— were arrested Tuesday on grand theft charges. The Polk County Sheriff's office says the men filled a shopping cart a motorized power wheel Barbie car, Leap Frog tablet and...

  • Contrite Vegas hotelier wins gambling license Thursday, 18 Dec 2014 | 2:14 AM ET

    LAS VEGAS— A contrite Sam Nazarian who revamped the Sahara hotel and casino on the Strip, won a gambling license from Nevada's regulators Thursday but not without limits and a promise that the nightlife magnate would remain under heavy scrutiny. He said Thursday he had sought the medical help of a Las Vegas doctor to determine if he has a substance abuse problem.

  • YOUR MONEY-The best place to retire? You get to pick Thursday, 18 Dec 2014 | 2:00 AM ET

    NEW YORK, Dec 18- There are plenty of lists proclaiming "The Best Places to Retire." Designed by real estate information company Zillow.com for Reuters, it incorporates reams of data on more than 15,000 locales across the United States. For instance, if you find all of the screening categories to be very important, and you are looking for a reasonably-priced home,...

  • DAVENPORT, Iowa, Dec 18- Bob Shelley neatly folds his newspaper and uses it as a coaster for his coffee mug. By no coincidence, it covers the face of former Florida Governor Jeb Bush, who just announced he will explore a bid for the White House in 2016.. Carol Crain, a volunteer at the Scott County Republican headquarters in downtown Davenport, says Republicans "are...

  • NEW YORK, Dec 17- A tiny mutual fund based in Miami, a clutch of cruise line operators and a Canadian natural resources company rank among the early winners in the Obama administration's surprise move on Wednesday to thaw relations with Cuba. While the Cuban economy is small, with gross domestic product of roughly $70 billion, according to the World Bank,...

  • Stocks with exposure to Cuba rise sharply Wednesday, 17 Dec 2014 | 5:37 PM ET

    NEW YORK— A batch of stocks with exposure to Cuba rose sharply Wednesday after President Obama moved to restore diplomatic relations between the U.S. and Caribbean island after more than 50 years of hostility. The closed-end mutual fund, with the stock ticker " CUBA," owns several companies with exposure to Cuba, including Copa Holdings and Royal Caribbean.

  • Dec 17- After twenty years, Thomas Herzfeld's long bet on Cuba is paying off. The Miami Beach- based portfolio manager behind the $25.3 million Herzfeld Caribbean Basin fund, the only Cuba- focused fund in the United States, watched its shares soar more than 40 percent at one point on Wednesday after President Barack Obama's surprise move to thaw relations with the...

  • The United States' commercial ties with Cuba were broken 54 years ago after Fidel Castro took over. Now U.S.- Cuba trade is poised to resume: President Barack Obama on Wednesday announced plans to re-establish diplomat relations with Havana, and economic ties are expected to follow. Gary Hufbauer and Barbara Kotschwar of the Peterson Institute for...