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  • 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.

  • Micron profit boosted by Elpida buy, chip recovery Wednesday, 8 Jan 2014 | 8:17 AM ET

    Micron reported higher profit in the first quarter, helped by strong sales at its Elpida business and a recovery in chip prices.

  • Idaho to take over big, privately run state prison Friday, 3 Jan 2014 | 12:45 PM ET
    Idaho Gov. C.L. "Butch" Otter

    Idaho's governor says the corrections department will take over operation of the largest privately run prison in the state.

  • Thinning blue line: Police cuts cripple cities Friday, 22 Nov 2013 | 8:56 AM ET
    In crisis: Trenton police on patrol in the Garden State's capitol

    Wider efforts to rebuild America's deeply depressed cities can't succeed until public safety is restored.

  • The new city economy Thursday, 21 Nov 2013 | 9:45 AM ET
    Ford Motor Co. said it will invest $200 million to make four-cylinder engines at the Ford Motor Co. Cleveland Engine Plant in Brook Park, Ohio.

    Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.

  • How Orlando and Phoenix are making a comeback Wednesday, 20 Nov 2013 | 8:47 AM ET
    Orlando, Florida

    These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.

  • Miami vice: Shady muni deals cripple cities Wednesday, 20 Nov 2013 | 8:00 AM ET

    The ebbing economic tide from the Great Recession revealed some of the worst swindles in municipal finance in decades.

  • Is the muni bond market about to blow up? Tuesday, 19 Nov 2013 | 9:26 AM ET
    Detroit city grate is missing a cover. With cut backs to city services, Detroit's infrastructure has fallen into disrepair.

    Detroit's bankruptcy, and rumblings about tax overhaul, have fueled a big sell off in the municipal bond market. What's next?

  • Behind the scenes: 'Critical Condition' US tour Monday, 18 Nov 2013 | 8:34 AM ET
    Home of Charles Lang Freer, Detroit railroad car manufacturer.

    Visit any American city and it doesn't take a whole lot of imagination to see where its greatness came from—however faded it may seem to be.

  • This small city is full of big surprises Monday, 18 Nov 2013 | 8:15 AM ET
    Market Street Bridge and the Tennessee Aquarium.

    Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.

  • Damage to city budgets: Some was self-inflicted Monday, 18 Nov 2013 | 7:00 AM ET
    View of downtown Oakland, California.

    Interest rate swaps - sold as a way to save money on public financing - have turned into municipal bombs.

  • The state of urban America: A tale of two cities Monday, 18 Nov 2013 | 7:00 AM ET
    Lawrence Payne walks past two abandoned houses on September 4, 2013 in the Six Mile Gratiot neighborhood of Detroit, Michigan.

    The head of the National Urban League outlines a plan to close the economic divide that's crippling U.S. cities.

  • GOP: Tea party overstayed its welcome Tuesday, 29 Oct 2013 | 6:00 AM ET
    Tea party activist William Temple protests in front of he U.S. Supreme Court in June 2012.

    Tea party candidates in the 2014 congressional elections will try to unseat Republican incumbents they say aren't conservative enough.