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  • On Jan. 25, 1915, to celebrate the completion of the Panama Canal and to show that San Francisco had recovered from the 1906 earthquake and fire, American Telephone and Telegraph Co. conducted a call between the city and New York before the opening of the Panama-Pacific International Exposition and World's Fair in San Francisco. The original phones will be on...

  • NEW YORK— Royal Bank of Canada plans to boost its services for wealthy clients by paying about $5.4 billion in cash and stock to buy U.S.-based City National. City National is a Los Angeles wealth management company and lender that serves high net worth individuals and businesses. City National said it has $32.6 billion in assets and manages or administers...

  • *Verizon, American Express both fall after results. *Royal Bank of Canada to buy City National. NEW YORK, Jan 22- U.S. stocks rallied in volatile trading on Thursday after the European Central Bank announced expanded measures to stimulate the region's sagging economy, as expected.

  • *Verizon, American Express both fall after results. *Royal Bank of Canada to buy City National. NEW YORK, Jan 22- U.S. stocks fell modestly on Thursday after the European Central Bank announced expanded measures to stimulate the region's sagging economy, as expected, while shares of some bellwether U.S. companies fell on disappointing results.

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • Georgia man pleads guilty in airline-booking scam Wednesday, 21 Jan 2015 | 8:22 PM ET

    LOS ANGELES— A Georgia man who posed as an airline employee to make cut-rate reservations, then resold the tickets for thousands of dollars, pleaded guilty Wednesday to conspiracy to commit wire fraud. Gilbert Myers Jr., 38, of Atlanta, entered the plea before U.S. In a plea agreement, Myers acknowledged he fraudulently booked hundreds of flights on United...

  • WASHINGTON, Jan 21- Most U.S. states expect to hit their revenue targets this fiscal year, but at least six states say they could fall short, the National Conference of State Legislatures said on Wednesday. Alaska, Arizona, Kentucky, Massachusetts, Michigan, and Vermont all expect to miss their revenue forecasts, according to the report. New Mexico and Indiana are...

  • United Community Banks meets 4Q profit forecasts Wednesday, 21 Jan 2015 | 6:00 AM ET

    BLAIRSVILLE, Ga. _ United Community Banks Inc. on Wednesday reported fourth-quarter net income of $18.2 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 30 cents per share. United Community Banks shares have declined 11 percent since the beginning of the year.

  • Haley OK with gas-tax hike if income tax cut, DOT retooled Wednesday, 21 Jan 2015 | 12:06 AM ET

    Nikki Haley said Wednesday that she will support a gas-tax increase, but only if the Legislature cuts South Carolina's income taxes and restructures the Department of Transportation. She then offered legislators a deal: Reduce the state's top income tax bracket from 7 percent to 5 percent over a decade, get rid of the DOT's elected commissioners, and she'll...

  • Jan 20- With plummeting oil prices expected to cut airlines' costs by billions of dollars, Delta Air Lines Inc said Tuesday that it will channel the savings toward debt reduction and returning more cash to shareholders. Delta's shares surged 7.3 percent, making it the biggest percentage gainer in the S&P500, while American Airlines Group Inc shares rose 5.9...

  • ATLANTIC CITY, N.J.— A restaurant in an Atlantic City casino intended to honor Martin Luther King Jr. on his birthday by offering fried chicken, collard greens and macaroni and cheese, a casino official said Tuesday. Joe Lupo, senior vice president of the Borgata, told The Associated Press that The Metropolitan restaurant chose menu items that were among King's...

  • PITTSBURGH— Ralph Martin, the chief executive of the company that publishes the Pittsburgh Tribune-Review, has resigned to become CEO of Civitas Media. Besides the Tribune-Review, the company publishes six other dailies and more than 20 weekly newspapers across western Pennsylvania. Martin said he considered making a change following the death July 4 of...

  • Jan 20- Delta Air Lines Inc said on Tuesday it lost $712 million in the fourth quarter largely due to fuel hedge settlements, although the carrier topped analysts' estimates and offered positive outlook for the start of 2015.. The Atlanta- based carrier lost 86 cents per diluted share, including a $1.2 billion charge for mark-to-market adjustments on fuel hedges,...

  • Delta Air Lines posts 4th-qtr loss after fuel hedging Tuesday, 20 Jan 2015 | 8:09 AM ET

    Jan 20- Delta Air Lines Inc said on Tuesday it lost $712 million last quarter largely due to fuel hedge settlements, although the carrier topped analysts' estimates. For the fourth quarter, the Atlanta- based carrier lost 86 cents per diluted share, including a $1.2 billion charge for mark-to-market adjustments on fuel hedges, which Delta had previously...

  • ATLANTA— Delta Air Lines Inc. reported a fourth-quarter loss because falling oil prices led it to write down the value of its fuel-hedging contracts, but the airline's results were still better than Wall Street expected. Delta reported a $712 million loss after taking $1.4 billion in special charges, mostly hedging losses. Analysts surveyed by Zacks...

  • DALTON, Georgia Jan 18- Barack Obama enters the final two years of his presidency with a blemish on his legacy that looks impossible to erase: the decline of the middle class he has promised to rescue. Administration officials said on Saturday the president would propose higher capital gains taxes, new fees on large financial firms, and other measures to raise...

  • DALTON, Georgia Jan 18- Barack Obama enters the final two years of his presidency with a blemish on his legacy that looks impossible to erase: the decline of the middle class he has promised to rescue. The revival of middle-class jobs has been one of Obama's mantras since he took office in 2009 fighting the worst economic crisis in generations.

  • DIARY- Top Economic Events to Jan 30 Friday, 16 Jan 2015 | 7:00 PM ET

    ATLANTA, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart gives welcome remarks and speaks on " Federal Reserve Bank of Atlanta's CED Programs and Financial Literacy Programs" before the HOPE Global Forum- 1350 GMT. DUBLIN- The Central Bank of Ireland, Center for Economic Policy Research and International Monetary Fund are organizing a...

  • TRENTON, N.J.— Lawmakers in the Democratic-controlled Legislature are pursuing a new effort to restore New Jersey's participation in a regional cooperative aimed at cutting greenhouse gas emissions. Chris Christie's veto of similar legislation in 2011 and 2012, an Assembly committee this week passed a measure that calls for the state's participation in...

  • SunTrust tops 4Q profit forecasts Friday, 16 Jan 2015 | 6:18 AM ET

    ATLANTA _ SunTrust Banks Inc. on Friday reported fourth-quarter profit decreased by almost 5 percent to $394 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share. Analysts expected $2.03 billion, according to Zacks.