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  • US economic rebound slow to reach Philadelphia Thursday, 18 Sep 2014 | 12:03 AM ET

    WASHINGTON— The nation's economic recovery has been slow to reach the Philadelphia metropolitan area, hurt in part by an exodus of residents and a continued collapse in mid-wage jobs, new census data show. Philadelphia posted the largest income drop among large metro areas outside the Sun Belt, a sign of its persistently weak job market.

  • Journalists criticize White House for 'secrecy' Wednesday, 17 Sep 2014 | 8:24 PM ET

    CHICAGO— Editors and reporters meeting in Chicago raised concerns Wednesday about what they described as a lack of access and transparency undermining journalists' work, several blaming the current White House for setting standards for secrecy that are spreading nationwide.

  • DIARY - Top Economic Events to Sept 30 Wednesday, 17 Sep 2014 | 8:01 PM ET

    DALLAS- Federal Reserve Bank of Dallas President Richard Fisher moderates panel, "Perspectives on the Fed's Role in International Crises" before a conference hosted by the Federal Reserve Bank of Dallas- 2100 GMT.

  • RIO DE JANEIRO, Sept 17- Royal Dutch Shell Plc and Total SA must accept Brazil's state-run Petrobras as a partner in their Gato do Mato offshore oil prospect under new Brazilian law, the country's top oil regulator said Wednesday, a move that could strip Shell of operational control of the resource. She spoke at an oil industry event in Rio de Janeiro.

  • Sept 17- The Michigan Strategic Fund board gave final approval on Wednesday for the sale of up to $450 million of 30- year revenue bonds for a downtown Detroit arena that will be home to the National Hockey League's Detroit Red Wings.

  • Kent Hiteshew, director of the Treasury's newly-formed Office of State and Local Finance, told a meeting of bond attorneys that he was aware of concerns that the elimination of municipal bonds from the definition of banks' high-quality liquid assets could potentially limit bank demand for the debt, pumping up costs of new bond issuance.

  • Kent Hiteshew, director of the Treasury's newly-formed Office of State and Local Finance, told a meeting of bond attorneys that he was aware of concerns that the elimination of municipal bonds from the definition of banks' high-quality liquid assets could potentially limit bank demand for the debt, pumping up costs of new bond issuance.

  • NEW YORK, Sept 17- Stock markets around the world closed with modest gains on Wednesday after the U.S. The dollar hit a 14- month high and the benchmark U.S. 10- year Treasury note yield hit its highest level since July 7 after the Fed's projections suggested that some officials see rates rising more quickly than the U.S. central bank projected three months ago.

  • It opened its first flagship store in New York City's chic Soho neighborhood in 2006. With the addition this week of a new location in Wayne, New Jersey, the company- owned by the world's fourth-largest fashion retailer, Fast Retailing Co- now operates 26 U.S. stores.

  • NEW YORK, Sept 17- Brent turned lower and U.S. crude extended losses on Wednesday after a government report showed crude stocks rose sharply in the United States last week and as a strong dollar continued to create headwinds for dollar-denominated commodities.

  • Sept 17- Nucor Corp shares rose to a six-year high on Wednesday after the steelmaker said it would report higher-than-expected third-quarter earnings. Nucor said it expected to post a third-quarter profit of 70 cents to 75 cents per share.

  • Illinois panel delays decision on fracking rules Wednesday, 17 Sep 2014 | 11:28 AM ET

    CHICAGO— A legislative panel said Tuesday that it wants more time to decide whether rules written by the Department of Natural Resources to govern hydraulic fracturing in Illinois can take effect.

  • *OPEC could trim 2015 output to 29.5 mln bpd- Badri. Brent was down 42 cents at $98.63 a barrel by 1457 GMT, after closing up $2.40 in the previous session, the biggest daily gain since Sept. 3. "It looks like we've got extra oil hanging around- that was the initial shock of the number," said Phil Flynn, an analyst at the Price Futures Group in Chicago.

  • Grain mixed, livestock mixed Wednesday, 17 Sep 2014 | 10:55 AM ET

    CHICAGO— Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $4.9625 a bushel; Dec corn was 2.50 cents lower at $3.4125 a bushel; Dec oats were unchanged at $3.5075 a bushel; while Nov soybeans gained 4.25 cents to $9.85 a bushel.

  • HJ Heinz to make jarred baby food in Pittsburgh Wednesday, 17 Sep 2014 | 8:42 AM ET

    PITTSBURGH— The H.J. Heinz Co. will resume food production in Pittsburgh for the first time since 2002, when the ketchup giant sold its production plant to Del Monte Foods. The Pittsburgh Post-Gazette reports the baby food will be shipped to Canada.

  • Barcelona, Spain, tops innovative cities contest Wednesday, 17 Sep 2014 | 8:02 AM ET

    Barcelona was awarded 5 million euro as top finisher. Four others were awarded 1 million euros each: the metropolitan area of Kirklees, England, and the cities of Stockholm; Warsaw, Poland; and Athens, Greece.

  • Laments, long lines amid Air France pilots' strike Wednesday, 17 Sep 2014 | 7:21 AM ET

    groaned Stephanie Leon, parking a palm on her forehead in distress as she walked into Charles de Gaulle airport and saw the departures board: Her Air France flight to the Dominican Republic had been cancelled.

  • Truck firm faces paying millions in Amtrak crash Wednesday, 17 Sep 2014 | 5:02 AM ET

    RENO, Nev.— A Nevada trucking company could be forced to pay more than $5.7 million if a judge formalizes a jury verdict that faulted one of its drivers for a fiery 2011 crash with an Amtrak train that killed six people and injured dozens.

  • Beanie Babies creator's sentence debated in court Wednesday, 17 Sep 2014 | 4:02 AM ET

    CHICAGO— Federal prosecutors seeking to put the billionaire creator of Beanie Babies in prison for hiding millions in Swiss bank accounts told appellate court judges Wednesday that the toymaker's sentence of probation threatens to erode the judicial system's ability to deter other tax evaders.

  • 2014 MacArthur 'genius grant' winners unveiled Wednesday, 17 Sep 2014 | 12:03 AM ET

    CHICAGO— CHICAGO— A professor whose research is helping a California police department improve its strained relationship with the black community and a lawyer who advocates for victims of domestic abuse are among the 21 winners of this year's MacArthur Foundation "genius grants."