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  • The high-definition stream from Alaska's remote Round Island had been dormant for nearly a decade after private funding ran out, but a high-definition version is back now, thanks to a philanthropic organization that operates a series of nature webcams from around the planet. If the donation hadn't come through, Round Island would have been closed to visitors...

  • WASHINGTON, May 21- The largest overhaul of U.S. financial industry reform since the 2008 crisis hit a roadblock on Thursday, as a regulation relief bill passed a Senate committee with zero Democrats in support. Wall Street dodged a tough provision as Republican Senator David Vitter withdrew his amendments, the most significant being a minimum 10 percent...

  • Arkansas governor proposes $87M bond package for project Thursday, 21 May 2015 | 12:22 PM ET

    Asa Hutchinson on Thursday said he's proposing that the state issue $87 million in bonds to help Lockheed Martin land a defense contract for its south Arkansas facility. "It's a competitive marketplace as to which company gets to produce the 55,000 vehicles for the Department of Defense, and we want to do the state's part to make sure that Lockheed Martin and...

  • State Department employee is accused of sending threatening emails to college-aged women in the U.S. from his computer at the U.S. Embassy in London, authorities said. Authorities apprehended him last week at Atlanta's airport as he prepared to board a flight back to London after visiting relatives in Georgia. Investigators say he began working at the London...

  • CVS paying $10.4B in cash for drug distributor Omnicare Thursday, 21 May 2015 | 7:18 AM ET

    CVS Health will pay more than $10 billion for pharmaceutical distributor Omnicare in a deal primed to feed its fast-growing specialty drug business and tap a lucrative and growing market: care for the elderly. Omnicare's long-term care business operates in 47 states and the District of Columbia. Cincinnati- based Omnicare's core business involves...

  • Shoe Carnival tops 1Q profit forecasts Wednesday, 20 May 2015 | 4:30 PM ET

    EVANSVILLE, Ind. _ Shoe Carnival Inc. on Wednesday reported fiscal first-quarter profit of $10.4 million. Shoe Carnival expects full-year earnings to be $1.42 to $1.48 per share, with revenue in the range of $977 million to $991 million. Shoe Carnival shares have increased slightly more than 9 percent since the beginning of the year.

  • Ohio Attorney General Mike DeWine announced the pact that Equifax, Experian and TransUnion struck with attorneys general in 31 states. "I am pleased that our agreement brings about reforms that will provide for more effective dealings and better communication between consumers and the credit reporting agencies," said Alabama Attorney General Luther...

  • NEW BRUNSWICK, N.J.— Johnson& Johnson is predicting big returns from its prescription drug business, both financially and medically, as it develops treatments and strategies to intervene earlier and prevent or reduce the damage from several conditions, including Alzheimer's disease and diabetes. "We believe we will continue to deliver above-industry growth...

  • PORTLAND, Ore.— Oregon is about to embark on a first-in-the-nation program that aims to charge car owners not for the fuel they use, but for the miles they drive. Starting July 1, up to 5,000 volunteers in Oregon can sign up to drive with devices that collect data on how much they have driven and where. The volunteers will agree to pay 1.5 cents for each mile traveled on...

  • GOLETA, Calif.— An oil spill from a ruptured onshore pipeline that fouled beaches and threatened wildlife along a scenic stretch of the California coast spread across 9 miles of ocean Wednesday and officials said up to 105,000 gallons may have leaked out. Federal regulators were investigating the leak as workers in protective suits raked and shoveled stinky...

  • BOSTON— Victims of a 2012 meningitis outbreak caused by a now-closed Massachusetts compounding pharmacy will have access to a $200 million compensation fund, following approval Tuesday by a federal bankruptcy judge. It is part of a plan to liquidate the assets of the Framingham- based center approved by U.S. Bankruptcy Court Judge Henry Boroff.

  • TOLEDO, Ohio— Marathon Petroleum Corp. will pay a fine of nearly $3 million and spend another $2.8 million on pollution controls at its distribution terminals in Indiana, Kentucky and Ohio, the U.S. Justice Department said Tuesday. Marathon Petroleum, based in Findlay in northwest Ohio, said most of the alleged violations happened several years ago, and that it is...

  • BOSTON, May 19- The now-defunct Massachusetts pharmacy behind a deadly 2012 meningitis outbreak that killed at least 64 people will pay out $200 million to its victims and creditors under a bankruptcy reorganization plan approved on Tuesday. The bankruptcy reorganization plan was approved by U.S. Bankruptcy Court Judge Henry Boroff. Deaths of patients...

  • Supreme Court strikes down Maryland tax law Monday, 18 May 2015 | 10:14 AM ET

    WASHINGTON— The Supreme Court on Monday struck down as unconstitutional a Maryland tax that has the effect of double-taxing income residents earn in other states. Maryland officials say the 5-4 ruling means the loss of hundreds of millions of dollars in tax revenues. Maryland allowed its residents to deduct income taxes paid to other states from their...

  • Hhgregg reports 4Q loss Friday, 15 May 2015 | 7:15 AM ET

    INDIANAPOLIS _ Hhgregg Inc. on Friday reported a loss of $25.2 million in its fiscal fourth quarter. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 24 cents per share. Hhgregg shares have fallen 30 percent since the beginning of the year.

  • CHICAGO, May 14- Prices for prime crop land in the central Corn Belt held up better than other regions in the first quarter, but the outlook for low grain prices looked likely to pressure land values and farm incomes further in coming months, according to Federal Reserve quarterly surveys of farm bankers issued on Thursday. But it said a jump in farmland values in...

  • Correction: ITT Educational-Fraud Charges story Thursday, 14 May 2015 | 3:01 PM ET

    In a story May 12 about the Securities and Exchange Commission filing fraud charges against ITT Educational Services, The Associated Press erroneously spelled the last name of ITT's CEO the first reference. ITT Educational faces SEC charges of student loan cover-up. The SEC case in Indiana federal court alleges ITT tried to cover up troubles that began to...

  • David Letterman on retirement: It's time, but he's torn Thursday, 14 May 2015 | 10:17 AM ET

    NEW YORK— You don't think of David Letterman as a stop-and-smell-the-flowers type, but here he is, at a major turning point yet savoring his chocolate milkshake. Norah Jones sang "Don't Know Why" and everyone got misty. During each commercial break, as Paul Shaffer and the CBS Orchestra rocked out, Dave rose from his desk and shed his suit jacket, then, in his shirt...

  • Pennsylvania property tax cut proposal passes state House Wednesday, 13 May 2015 | 3:25 PM ET

    HARRISBURG, Pa.— Pennsylvanians would see billions in lower school property taxes under a proposal that made it out of the state House on Wednesday and into the hands of the Senate. He said the vote keeps the issue in the mix during the Legislature's most intense period of the year, ahead of the June 30 budget deadline. John Maher, R- Allegheny, who voted no.

  • GOP pension bill passes Senate; Democrats call it illegal Wednesday, 13 May 2015 | 11:35 AM ET

    HARRISBURG, Pa.— Republicans' sprawling, fast-track pension legislation made it through the Senate on Wednesday, but Democrats attacked its central money-saving strategy as unconstitutional and said it would leave pensioners in poverty and do little to immediately relieve the pain of a $53 billion pension debt. Republicans, who cast the massive pension debt...