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  • NEW YORK, Aug 29- Crude oil prices were headed toward their second straight monthly losses, despite rising on Friday on worries that the intensifying Ukraine crisis may bring more sanctions and as U.S. data portended strong demand in the world's largest oil consumer.

  • State agency issues long-awaited fracking rules Friday, 29 Aug 2014 | 12:59 PM ET

    SPRINGFIELD, Ill.— The Illinois Department of Natural Resources released a long-awaited plan Friday to regulate high-volume oil and gas drilling that supporters hope could bring an economic boost to southern Illinois but environmentalists fear may be too lenient.

  • Grain lower, livestock mixed Friday, 29 Aug 2014 | 11:00 AM ET

    CHICAGO— Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.7175 a bushel; Dec corn was 2 cents lower at $3.6725 a bushel; Dec oats were unchanged at $3.41 a bushel; while Nov soybeans lost 6.75 cents to $10.22 a bushel.

  • EXCLUSIVE-Famed gold bug sued for not paying trader Friday, 29 Aug 2014 | 1:00 AM ET

    CHICAGO, Aug 29- Henry Jarecki, one of the world's most prominent gold bugs, is a celebrated advocate of free markets with a legendary record in precious metals trading.

  • Russian fund with US advisers eludes sanctions Friday, 29 Aug 2014 | 12:06 AM ET

    WASHINGTON— As President Barack Obama warns of stepped-up economic punishments against Russia for its military incursions inside Ukraine, U.S. sanctions have so far avoided one prominent financial institution: the $10 billion Russian Direct Investment Fund, which has partnered with brand-name American companies and whose advisers include top U.S. and European private equity executives.

  • WASHINGTON, Aug 28- U.S. producers have lodged a complaint against Chinese imports of steel shelving units, saying the products are subsidized by the Chinese government and sold below fair value in the United States.

  • *Fire hits BP's largest U.S. refinery, at Whiting, Indiana. *Hope fades for Ukraine- Russia ceasefire deal. "There's better demand here in the U.S. than versus Europe," said Phil Flynn, an analyst with the Price Futures Group in Chicago, Illinois.

  • BOSTON/ WASHINGTON, Aug 27- Time Warner Cable Inc, the No. 2 U.S. cable operator, suffered a massive network outage on Wednesday due to suspected human error that cut Internet services to some 11 million businesses and residences, prompting a New York state investigation.

  • WASHINGTON, Aug 28- The U.S. economy rebounded more strongly than initially thought in the second quarter with a bigger chunk of the growth driven by domestic demand in a bright sign for the future. Gross domestic product expanded at a 4.2 percent annual rate instead of the previously reported 4.0 percent pace, the Commerce Department said on Thursday.

  • *BP says expects minimal impact from late Wednesday blaze. WHITING, Ind., Aug 28- Wholesale gasoline prices surged in Chicago on Thursday after a fire hit a piece of equipment used to produce gasoline at BP Plc's refinery in nearby Whiting, Indiana, trade and industry sources said.

  • Grain higher, livestock mixed Thursday, 28 Aug 2014 | 10:53 AM ET

    CHICAGO— Grain futures were higher Thursday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.6225 a bushel; Dec corn was 3 cents higher at $3.68 a bushel; Dec oats were unchanged at $3.41 a bushel; while Nov soybeans gained 5.25 cents to $10.29 a bushel.

  • How states fared on unemployment benefit claims Thursday, 28 Aug 2014 | 8:40 AM ET

    California: Down 8,771, no reason given. Florida: Down 1,462, due to fewer layoffs in farming, manufacturing, retail and services. Illinois: Down 1,442, no reason given.

  • Flight diverts to Boston over reclined-seat upset Thursday, 28 Aug 2014 | 7:48 AM ET

    BOSTON— An outburst over a reclined seat led an American Airlines flight to divert to Boston, at least the second such incident in the U.S. this week, authorities said. Passenger Edmund Alexandre became upset after a woman reclined the seat in front of him on the Miami- to- Paris flight on Wednesday night, the Suffolk County district attorney's office said.

  • More Colorado pot seized in the mail, report says Thursday, 28 Aug 2014 | 7:04 AM ET

    DENVER— The amount of Colorado marijuana being seized en route to other states through the U.S. mail has more than quadrupled since 2010 and was destined for more states than before, according to a new report by a federally funded drug task force.

  • Tripping seniors on purpose to stop future falls Thursday, 28 Aug 2014 | 1:19 AM ET

    CHICAGO— Researchers are tripping seniors on purpose, and it's not some kind of warped practical joke. Falls in the elderly cost $30 billion yearly to treat and can send them spiraling into poor health and disability.

  • Blast at BP refinery sparks fire, rattles homes Thursday, 28 Aug 2014 | 12:01 AM ET

    WHITING, Ind.— An explosion at BP oil refinery in northwestern Indiana along Lake Michigan rattled nearby homes and sparked a fire that was later extinguished, but it didn't cause any major injuries or halt production at the facility, a company official said Thursday.

  • Groupon sales reps can't pursue overtime pay class action Wednesday, 27 Aug 2014 | 7:26 PM ET

    Aug 27- A Chicago federal judge on Wednesday said Groupon Inc sales representatives cannot pursue a class-action lawsuit over the Internet commerce company's failure to pay for overtime before and after its 2011 initial public offering.

  • CME Group says CFO to retire at age 49, new CFO is 50 Wednesday, 27 Aug 2014 | 6:56 PM ET

    CHICAGO, Aug 27- CME Group Inc's 49- year-old chief financial officer will retire at the end of the year and will be replaced by an executive who is a year older, the world's largest futures exchange operator said on Wednesday.

  • WASHINGTON, Aug 27- Tyson Foods Inc, the largest U.S. meat processor, on Wednesday won U.S. antitrust approval for its purchase of Hillshire Brands Co.. The attorneys general of Illinois, Iowa and Missouri, all big hog-producing states, joined the settlement that the companies reached with the Justice Department's Antitrust Division.

  • *Cushing up 508,000 bbls- EIA. NEW YORK, Aug 27- Crude oil futures settled flat after choppy trading on Wednesday, following a report that showed declining U.S. gasoline demand in the world's top oil consumer and a build at the key Cushing, Oklahoma, storage hub.