BP said its largest U.S. refinery, at Whiting, Indiana, continued to operate on Thursday morning following a blaze the night before.» Read More
Oct 3- The issue isn't whether the Federal Reserve and European Central Bank are monetizing debt now, it is instead whether their actions make them more likely to later.
MARSHALL, Mich.-- The U.S. Environmental Protection Agency on Wednesday told Enbridge Inc. that the pipeline company's massive 2010 oil spill in the Kalamazoo River system requires more cleanup work. The agency says it informed Enbridge more work is need upstream from the Ceresco and Battle Creek dams and Morrow Lake.
The commission voted 3-0, with two members absent, to approve a 15- year contract with Rhode Island- based GTECH that is expected to make $1.7 billion in profit over five years _ a $500 million increase over state projections. GTECH already provides and maintains vending machines for the Hoosier Lottery.
INDIANAPOLIS-- Campaign cash from outside political groups is flooding into conservative states with close Senate races like Indiana, Arizona and Montana, where residents are more accustomed to local news promos between football games than the relentless, often snarky attack ads.
WELLINGTON, New Zealand-- New Zealand canceled a visa for Mike Tyson on Wednesday because of his rape conviction, saying it reversed its earlier approval because a charity that would have benefited from his appearance says it wants nothing to do with the former heavyweight boxing champion.
MINNEAPOLIS-- The Minnesota Orchestra was called the world's greatest not long ago, welcome recognition for musicians based outside a top cultural center. In Minneapolis, the Minnesota Orchestra has already cancelled concerts through Nov. 25 as negotiators argue over a proposal to trim the performers' average salary by $46,000 a year.
In Maine, New Jersey and North Carolina, officials have refused to allow new cyber-schools to open this year, citing concerns about poor academic performance, high rates of student turnover and funding models that appear to put private-sector profits ahead of student achievement.
ANCHORAGE, Alaska-- The $5 bill displayed for decades on Charles Fairbanks IV's wall was long a treasured family heirloom from Alaska. The rare find is expected to fetch as much as $300,000 at auction this month when a Texas auctioneer plans to put it up for bids in Dallas and online as part of the American Numismatic Association National Money Show.
MINNEAPOLIS-- The Minnesota Orchestra was called the world's greatest not long ago, welcome recognition for musicians outside a top cultural center. In Minneapolis, the Minnesota Orchestra has already cancelled concerts through Nov. 25 as negotiators argue over a proposal to trim the average musicians' salary by $46,000 a year.
Fitch expects proceeds from the issuance to be combined with existing holding company cash and used for general corporate purposes, including funding a portion of WellPoint's acquisition of Amerigroup Corporation, continuation of the company's share repurchase program and the repayment of existing debt.
The actual numbers also will depend on how many states decide to expand Medicaid coverage like the overhaul requires. Medicaid is the state and federally funded program that provides coverage for the needy and disabled. The Supreme Court ruled earlier this year that individual states could opt out of this expansion.
WASHINGTON-- The Supreme Court plunged into its new term Monday with a high-stakes dispute between businesses and human rights groups over accountability for foreign atrocities. Cases involving some of the most emotional issues in American life are likely to be decided after voters choose a president and new Congress next month.
With Pocono officially back on the IndyCar schedule after a 23- year absence, Carpenter wanted to pick up as many tips as possible from someone with experience at "The Tricky Triangle." The return to Pocono is being celebrated as a nod to IndyCar's history and tradition.
INDIANAPOLIS, Oct 1- Federal Reserve Chairman Ben Bernanke on Monday delivered a broad defense of the U.S. central bank's controversial bond-buying stimulus plan, saying it is necessary to support a flagging economic recovery.
INDIANAPOLIS, Oct 1- Federal Reserve Chairman Ben Bernanke said on Monday the U.S. central bank did not foresee a recession but that growth was too slow to bring down the nation's jobless rate. "Right now we see an economy which is expanding. We see employment... still growing, "Bernanke said."
INDIANAPOLIS-- Federal Reserve Chairman Ben Bernanke is visiting Indianapolis to speak before the Economic Club of Indiana. A crowd of about 2,000 people is expected at Monday's luncheon at the Indiana Convention Center for Bernanke's speech, which is being watched as it comes in the midst of the presidential campaign.
COLUMBUS, Ga.-- Carmike Cinemas Inc. said Monday that it has bought 16 theaters for $19 million in cash, part of Carmike's push to expand through acquisitions. The theater chain bought the theaters, which have 251 screens, from Rave Reviews Cinemas LLC, which is owned by investment firm BV Investment Partners.
RICHMOND, Va.-- Tredegar, which makes plastic films and aluminum extrusions, said Monday it bought aluminum extrusion maker AACOA Inc. for about $50.8 million. Tredegar said that the acquisition will add fabrication capabilities to the products and services of its subsidiary, The William L. Bonnell Co..