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  • 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...

  • 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...

  • *Nebraska becomes 16th U.S. state affected by avian flu. May 12- The fast-spreading avian flu virus was confirmed for the first time in Nebraska, at a commercial egg-laying farm that housed a flock of 1.7 million chickens, the U.S. Department of Agriculture said on Tuesday. "Unfortunately, Nebraska has joined a long list of states currently dealing with highly...

  • *SEC says company hid information from investors, auditor. In a complaint filed in the federal court in Indianapolis, the SEC accused ITT, Chief Executive Kevin Modany and CFO Daniel Fitzpatrick of hiding how ITT expected to owe hundreds of millions of dollars because its underlying loans had performed "abysmally," with "extremely high" default rates.

  • *Wheat firm as softer dollar prompts short-covering. *Soybeans also higher; Argentine strikes eyed. CHICAGO, May 12- Chicago Board of Trade wheat futures hit a two-week high and soybeans also firmed on Tuesday as a weaker dollar inspired managed funds to cover short positions ahead of a monthly U.S. government report.

  • May 11- A strain of avian flu that until now had been found only in the Western United States has cropped up in Indiana, bringing the total number of states affected by the virulent outbreak to 15, the U.S. Department of Agriculture said on Monday. The H5N8 strain found in a backyard poultry flock in Indiana is concerning to them also. It was also found in captive...

  • HOUSTON, May 11- Striking workers at BP Plc's Whiting, Indiana, refinery ratified a new four-year contract on Monday, formally ending a three-month work stoppage, said the president of the United Steelworkers local chapter representing the hourly employees. The workers are scheduled to begin returning to work on May 18 in staggered groups, said USW Local 7 -1...

  • UPDATE 1-USDA finds H5N8 bird flu strain in Indiana Monday, 11 May 2015 | 1:59 PM ET

    May 11- A strain of highly pathogenic H5 avian flu that had recently been found only in the Western United States has been confirmed in a backyard poultry flock in Indiana, the U.S. Department of Agriculture said on Monday. The H5N8 strain in Indiana is the same one that had been previously confirmed in the Pacific flyway, specifically in commercial chicken and...

  • H5N8 BIRD FLU STRAIN FOUND IN BACKYARD POULTRY FLOCK IN INDIANA, FIRST CONFIRMED CASE IN STATE- USDA.

  • TOKYO, May 8- Fuji Heavy Industries Ltd, the maker of Subaru cars, forecast a big jump in annual profits citing a stronger dollar and higher sales in the U.S. market, its biggest, saying it would add capacity there earlier than planned to meet red-hot demand. An acute supply shortage has been the biggest challenge for the Tokyo- based automaker as demand for cars such as...

  • NEW YORK, May 6- Stocks on major world markets fell on Wednesday, as European borrowing costs reached their highest level this year, while the U.S. dollar slumped against major currencies after weak American economic data. The uncertainty is that these are pretty significant moves, "said Chuck Carlson, chief executive officer at Horizon Investment Services in...

  • Federal Reserve Chair Janet Yellen warned of high valuations, adding to anxiety about future interest rates and a global bond rout. Atlanta Federal Reserve bank president Dennis Lockhart said he still expects it will be appropriate to raise interest rates some time in the middle of the year, and that market expectations of a September increase were in "...

  • Duke, which sells power to 7.3 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, said adjusted income in its regulated power business rose 5 percent to $774 million. Net income attributable to Duke was $864 million, or $1.22 per share, in the first quarter ended March 31, compared with a loss of $97 million, or 14 cents per share, a...

  • HOUSTON, April 29- BP Plc and the United Steelworkers union chapter representing striking workers at the company's Whiting, Indiana, refinery reached a tentative agreement on Wednesday to end an 11- week work stoppage. The two sides have to negotiate an agreement on returning the striking workers to the Chicago- area plant, but a ratification vote is expected...

  • HOUSTON, April 29- BP Plc and the United Steelworkers union reached a tentative agreement on Wednesday to end an 11- week strike by hourly workers at the company's Whiting, Indiana, refinery. The two sides have to negotiate an agreement on returning the striking workers to the Chicago- area plant, but a ratification vote is expected next week, said Dave Danko,...