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  • Instant racing earns big bucks, draws concerns Sunday, 21 Dec 2014 | 10:57 AM ET

    BOISE, Idaho— Idaho racing officials say instant racing machines are succeeding in helping boost Idaho's declining horse industry. Idaho Racing Commission Executive Director Frank Lamb says machines used at places like Les Bois Park— located just outside of Boise— are supposed to look like slot machines. To date, Les Bois Park has earned more than $1.4 million...

  • 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,...

  • Protections blocked, but sage grouse work goes on Wednesday, 17 Dec 2014 | 11:21 AM ET

    BILLINGS, Mont.— U.S. wildlife officials will decide next year whether a wide-ranging Western bird species needs protections even though Congress has blocked such protections from taking effect, Interior Secretary Sally Jewell said Wednesday. President Barack Obama signed a $1.1 trillion spending bill late Tuesday with a provision that barred money from...

  • Nov 12- Monsanto Co said on Wednesday it reached a settlement with U.S. wheat farmers who sued the seed company over market disruption after unapproved genetically engineered wheat was discovered growing without oversight in Oregon. Monsanto did not admit liability, but agreed to pay $250,000 to wheat growers' associations, including $100,000 to the...

  • The National Weather Service has issued winter storm warnings and watches for a wide swath of the northern U.S. from northern Idaho to northern Michigan with predictions of more than a foot of snow in many areas and temperatures dipping 20 to 30 degrees below normal. The storm is expected to hamper travel by closing roads with heavy snow and winds and causing...

  • Early snow falls on northern U.S., cold sweeping south Monday, 10 Nov 2014 | 12:07 PM ET

    The National Weather Service has issued winter storm warnings and watches for a wide swath of the northern U.S. from northern Idaho to northern Michigan with predictions of more than a foot of snow in many areas and temperatures dipping 20 to 30 degrees below normal. A cold front associated with the storm will dump rain on the lower Great Lakes, Ohio Valley and as...

  • SAFT ON WEALTH -In praise of the cockroach portfolio Thursday, 30 Oct 2014 | 3:53 PM ET

    Oct 30- Everyone wants to be an eagle in investing and most fail, but the important thing to remember is: everyone can be a cockroach. This is best exemplified, among large long-term investors, by the widespread adaption of the Endowment Model, sometimes called the Yale Model because it was pioneered there with great success by David Swensen. This approach, in...

  • The decision, from the 9th U.S. Circuit Court of Appeals in San Francisco, came one day after the U.S. Supreme Court let stand similar rulings from appeals courts in other parts of the country.

  • Oct 6- Wealthy Americans contributed less of their incomes to charity while low and middle-income residents gave more in the years surrounding the Great Recession, according to a newly released report by The Chronicle of Philanthropy. Idaho, Georgia, Connecticut and Florida also ranked high on the list of increased givers. Utah residents gave the biggest...

  • Ex-Googler leads Softbank invasion of Hollywood Friday, 3 Oct 2014 | 10:33 AM ET
    Nikesh Arora

    Softbank's investment in a Hollywood movie studio represents the coming out party for two new players in the US entertainment industry.

  • Ex-Googler leads Softbank invasion of Hollywood Thursday, 2 Oct 2014 | 7:35 PM ET

    Oct 2- Softbank Corp's investment in a Hollywood movie studio represents the coming out party for two new players in the U.S. entertainment industry-- the Japanese telecommunications company and Nikesh Arora, the former Google Inc executive running a new media and internet company. Two months after unexpectedly decamping from Google for SoftBank, Arora...

  • WASHINGTON, Oct 2- The U.S. Supreme Court is set to decide in a case coming from Idaho whether private medical providers can sue a state in order to raise Medicaid reimbursement rates to deal with rising medical costs. Medicaid is a federal health insurance program for lower-income people that is administered by the states. Idaho's lawyers say that in order to...

  • Phoning 'home': what your mobile may be giving away Sunday, 28 Sep 2014 | 12:50 AM ET

    SINGAPORE, Sept 28- When popular Chinese handset maker Xiaomi Inc admitted that its devices were sending users' personal information back to a server in China, it prompted howls of protest and an investigation by Taiwan's government. The affair has also drawn attention to just how little we know about what happens between our smartphone and the outside world.

  • The company raised about $161.4 million after its offering was priced at $12 per share, the low end of its expected price range of $12- $14. Smart and Final, backed by private equity firm Ares Management LP, is selling all the 13.45 million shares in the offering. Ares Management bought Smart and Final from Apollo Global Management LLC in 2012 for $975 million.

  • WASHINGTON, Aug 20- Mike Yack has left the workforce twice in the last eight years and calls himself retired, yet at age 62 the former General Motors employee does not consider his working life over. Yack, who says he can get by on Social Security and his GM pension, is among millions of Americans who could re-enter the U.S. labor force if the economy improves.

  • SEOUL/ SAN FRANCISCO, Aug 6- Samsung Electronics Co Ltd and Apple Inc said they had agreed to drop all patent litigation outside the United States, scaling down a protracted legal battle between the smartphone rivals.

  • Republican lawmakers introduced legislation on Wednesday that would force President Barack Obama to submit quickly to Congress any comprehensive nuclear agreement with Iran and give lawmakers the chance to reject the deal and reimpose sanctions.

  • The California cities of San Jose, Vallejo and San Diego all saw a heightened threat, as new fault lines have been recently discovered, the report said. It also upgraded the risks facing parts of the central and eastern United States, singling out areas near New Madrid, Missouri, and Charleston, South Carolina.

  • U.S. senators urge Treasury to fix money fund tax concerns Wednesday, 16 Jul 2014 | 11:28 AM ET

    In a series of three letters dated July 15 and seen by Reuters, Democratic Senators Bob Menendez of New Jersey and Mark Warner of Virginia and Republicans Pat Toomey of Pennsylvania and Mike Crapo of Idaho said the Treasury needs to issue quickly guidance because it will help inform both the public and the SEC.

  • Sun Valley talks national service, education Thursday, 10 Jul 2014 | 5:37 PM ET

    SUN VALLEY, Idaho, July 10- Media and technology CEOs and investors get together every year at the Allen& Co conference in Sun Valley for a week of mingling and deal-making at the upscale Idaho mountain resort.