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  • Vera Bradley beats 3Q profit forecasts Wednesday, 10 Dec 2014 | 8:09 AM ET

    ROANOKE, Ind. _ Vera Bradley Inc. on Wednesday reported net income of $6.9 million in its fiscal third quarter. Analysts expected $126.5 million, according to Zacks. For the current quarter ending in January, Vera Bradley said it expects revenue in the range of $158 million to $163 million.

  • Lawsuit accuses Maker's Mark of false advertising Tuesday, 9 Dec 2014 | 3:07 PM ET

    LOUISVILLE, Kentucky— Two California consumers sued one of Kentucky's best-known distilleries, saying Maker's Mark tries to spike demand and sticker prices by falsely promoting its bourbon as being handmade. The lawsuit, filed in federal court in San Diego, accused the distillery of deceptive advertising and business practices with its "handmade" promotion...

  • Why areas with good jobs have hard-to-afford homes Tuesday, 9 Dec 2014 | 11:17 AM ET

    College graduates and younger families have been clustering in coastal cities such as New York, San Francisco and Seattle, where incomes are generally ample and solid middle-class jobs plentiful. Roughly 40 percent of households in New York, San Francisco, Seattle, parts of Connecticut and Colorado, and Washington, D.C., earn more than $100,000 annually,...

  • NYC book publisher to close upstate warehouse Tuesday, 9 Dec 2014 | 7:23 AM ET

    KIRKWOOD, N.Y.— Penguin Random House says it plans to lay off nearly 300 workers at its warehouse and distribution center in upstate New York. The Press& Sun-Bulletin of Binghamton reports the Manhattan- based global trade book publisher notified the state Department of Labor that 286 employees will be laid off at the company's facility in Kirkwood, near the...

  • Chrysler plans $266M spending for Indiana plants Tuesday, 9 Dec 2014 | 6:29 AM ET

    The company's plans include expanding production of the eight-speed automatic transmissions built at the Kokomo factories, the Kokomo Tribune reported. The latest investment will boost Chrysler's spending on its five Kokomo- area factories to nearly $1.9 billion since its 2009 bankruptcy. The automaker has more than 7,000 workers at its facilities in...

  • Merck dives into 'superbug' chase with Cubist Monday, 8 Dec 2014 | 7:25 AM ET

    Merck will spend $8.4 billion to buy Cubist Pharmaceuticals and move deeper into treating so-called "superbugs" that have drawn dire warnings from global health organizations. Antibiotic-resistant infections are linked to 23,000 deaths and 2 million illnesses in the United States annually, according to the Centers for Disease Control and Prevention.

  • LONDON, Nov 20- Daily average aluminium production in the world outside China slid to 66,200 tonnes in October, according to the International Aluminium Institute. The cutback impetus is fading just about everywhere outside South America, while news that one European smelter, the Aldel plant in the Netherlands, is planning a restart may be a harbinger of a major...

  • WASHINGTON/ CHICAGO, Nov 19- U.S. farmers are about to reap a bumper harvest not just in corn and soybeans but also in new subsidies that could soar to $10 billion, blowing a hole in the government's promise that its new five-year farm bill would save taxpayers money. If payments for 2014, the first year the farm bill takes effect, do come in at that level- as some private...

  • CHICAGO, Nov 14- Farmland values in the southern U.S. Midwest and Delta region rose almost 15 percent during the third quarter from the same period a year earlier, despite lower farm income, as grain prices fell, the Federal Bank of St. Louis said on Friday. The St. Louis district covers Arkansas, eastern Missouri, southern Illinois and Indiana, and parts of Kentucky,...

  • CHICAGO, Nov 13- Farmland prices in the U.S. "The downturn in crop prices of the past two years finally extinguished the trend of rising farmland values that had prevailed in the District since the fourth quarter of 2009," the Federal Reserve Bank of Chicago said, reporting land prices fell 2 percent from the second quarter but were unchanged from a year ago.

  • CHICAGO, Nov 13- U.S. farmland prices in the central Corn Belt states eased slightly in the July-September quarter, but stayed steady on year-ago levels as values held up despite the downturn in grain prices that accelerated with this year's record harvest, the Federal Reserve Bank of Chicago said on Thursday. "Declines from a year ago in' good' agricultural land...

  • NEW YORK, Nov 9- Now that new medicines promise to cure millions of hepatitis C patients in coming years, drugmakers including Gilead Sciences Inc are turning their attention to other liver diseases, with a potential market that could rival the success of statins, which generated more than $30 billion a year in sales at their peak. Several companies are working on...

  • Nov 6- The Indiana Supreme Court has unanimously upheld the state's right-to-work law, which bars employers from requiring workers to join unions or pay union dues as a condition of employment, in a victory for business groups. Indiana Attorney General Greg Zoeller had defended the law, while plaintiffs including Local 150 of the International Union of...

  • Nov 5- Duke Energy Corp, the largest U.S. power company by market value, reported a lower-than-expected quarterly profit as a cool summer reduced demand. The company, which also operates in Brazil, Argentina and Chile, said the results were also hurt by lower income from international operations and higher fuel costs. The company sells power to 7.2 million...

  • WASHINGTON, Oct 24- After months of focus on slack in U.S. labor markets, the Federal Reserve faces a new challenge: the possibility that weak inflation may be so firmly entrenched it upends the return to normal monetary policy. The Fed is expected to take note of recent market turmoil and worsened world conditions at its Oct 28-29 meeting even as it ends the...

  • The lawsuit, filed in the U.S. Court of Appeals for the Ninth Circuit in California, argues that the Environmental Protection Agency did not adequately analyze the impact of one of the new herbicide's active ingredients, 2,4- D, before granting approval on Oct. 15 to Dow's Enlist Duo herbicide. "They did not do an adequate job," said Andrew Kimbrell, an attorney with...

  • The lawsuit, filed in the U.S. Court of Appeals for the Ninth Circuit in California, argues that the Environmental Protection Agency did not adequately analyze the impact of one of the new herbicide's active ingredients, 2,4- D, before granting approval on Oct. 15 to Dow's Enlist Duo herbicide. "They did not do an adequate job," said Andrew Kimbrell, an attorney with...

  • EPA said it was applying "first-time-ever restrictions" on its approval of the herbicide, called Enlist Duo, which is designed to be used with new genetically modified crops developed by Dow AgroSciences, a unit of Dow Chemical. EPA said the approval lays out a template of new requirements for future approvals of herbicides designed for use with genetically...

  • *Some storage sites expected to be full by 2016. SEOUL, Oct 13- Among the usual commercials for beer, noodles and cars on South Korean TV, one item stands in marked contrast. It plans to cram those sites with more fuel than they were originally intended to hold while it looks for a permanent solution, suggesting little has been learned from the Fukushima disaster in...

  • NEW YORK, Oct 12- Roger Dean Gillispie, a former General Motors security guard, spent 20 years in an Ohio prison for rape until a federal court ordered him released in 2011. Now he wants to sue GM for allegedly helping to frame him, and he's getting support from an unlikely source: hedge funds. Gillispie, who is waiting to see if he will face a new criminal trial, has...