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  • NEW YORK— Except for CBS, the broadcast networks mostly closed up shop last week. At least, that's the suggestion from Nielsen, which says the average prime-time audience for CBS matched the total viewership for ABC, Fox and NBC. Meanwhile, CBS logged a dozen of the week's Top 20 shows and Fox scored three, effectively shutting out ABC and NBC.

  • Former executive gets prison in insider trading case Wednesday, 21 Jan 2015 | 1:06 PM ET

    NEW YORK— A former executive at a Manhattan investor firm was sentenced to 2½ years in prison Wednesday by a judge who criticized his explanation that he turned to crime because he thought his bosses cheated him. District Judge Jesse M. Furman said incarceration was "absolutely necessary" for Michael Lucarelli, 52, who pleaded guilty in September to a...

  • INDIANAPOLIS— Indiana is close to allowing a trapping season for river otters, a furry species that's flourished since it was reintroduced to the state in the 1990 s but has become a nuisance in some areas. Indiana's Natural Resources Commission approved rules Tuesday that will allow for a limited river otter trapping season, and permit trappers to sell both...

  • Jan 20- Johnson& Johnson surprised investors by detailing the degree to which a strong dollar will hurt sales abroad this year, and industry watchers say Wall Street is underestimating the likely hit to other U.S.-based rivals such as Pfizer Inc and Merck& Co.. He predicted the stronger dollar will take a bigger bite out of other drugmakers' earnings than many...

  • CINCINNATI— The Cincinnati company behind dozens of Frisch's Big Boy restaurants alleges a former assistant treasurer stole an estimated $3.3 million in a multiyear embezzlement scheme. Frisch's Restaurants Inc. accuses Michael Hudson of manipulating accounting records and forging payroll documents to funnel money to himself, his relatives, a...

  • The Republican governor, weeks into his second four-year term, said in his fifth State of the State address that he will issue an executive order merging the Community Health and Human Services agencies into a new Department of Health and Human Services. "The system is failing folks," he said during a joint night session of the Legislature inside the House chamber.

  • HOUSTON, Jan 10- A loud explosion rocked Husky Energy's 155,000 barrel per day crude oil refinery in Lima, Ohio, on Saturday and a source familiar with the facility's operations expected production slowdowns but not a complete shutdown. No injuries were reported in the blast, which occurred at about 6 a.m. local time The explosion was heard across the city of Lima,...

  • HOUSTON, Jan 10- A loud explosion rocked Husky Energy's 155,000 barrel per day crude oil refinery in Lima, Ohio, early on Saturday but no injuries were reported. The blast at about 6 a.m. local time was heard across the city of Lima, according to local media reports. A Lima- area emergency management official told the Lima News that the explosion was on the 26,000 bpd...

  • WASHINGTON, Jan 9- Some 20 state attorneys general have joined the federal antitrust investigation of competing bids by Dollar General Corp and Dollar Tree Inc to buy Family Dollar Stores Inc, a development that potentially complicates the companies' efforts to win U.S. approval for a deal. Family Dollar, the No. 2 U.S. discount retailer, had previously disclosed...

  • WASHINGTON, Jan 9- Some 20 state attorneys general have joined the federal antitrust investigation of competing bids by Dollar General Corp and Dollar Tree Inc to buy Family Dollar Stores Inc, a development that potentially complicates the companies' efforts to win U.S. approval for a deal. Family Dollar had previously disclosed that state attorneys general...

  • Jan 8- General Mills Inc said it plans to close down its plants in Midland, Ontario, Canada and New Albany, Indiana, cutting about 500 jobs, as part of announced efforts to reduce costs. General Mills said it had notified the New Albany union representatives of its decision to shutdown the plant. General Mills, which is struggling with weak sales and competition from...

  • Jan 8- General Mills Inc said it plans to reduce its refrigerated dough capacity and close its plants in Midland, Ontario, Canada and New Albany, Indiana, as part of efforts to cut costs.

  • CHICAGO, Jan 7- Armed with lessons learned from last year's polar vortex, the U.S. transportation and shipping network faces its first big test of the winter this week as harsh cold and dangerous wind chills buffet the Plains to the East Coast. Snow blanketed much of the eastern United States, with lake-enhanced accumulations of more than a foot in northwest...

  • Jan 7- Eli Lilly and Co, which has been battered in the past three years by competition from generics, forecast 2015 earnings and revenue just shy of Wall Street expectations. Lilly, which is betting on its rejuvenated pipeline of drugs, particularly for diabetes, oncology and animal health, forecast adjusted 2015 earnings of $3.10 to $3.20 per share.

  • Landon, a partner at private investment fund Community BanCapital, was chief executive of the Bank of Hawaii from 2004 until 2010. Previously, he had worked as the bank's chief financial officer and as CFO at First American in Tennessee. Several lawmakers on Capitol Hill had urged the White House to name someone with community banking experience to one of the...

  • NEW YORK/ LOS ANGELES, Dec 25- "The Interview," the Sony Pictures film about a fictional plot to assassinate North Korean leader Kim Jong Un, opened in more than 300 cinemas across the United States on Christmas Day, drawing sell-out audiences in many theaters where outspoken patrons said they were championing freedom of expression. Seth Rogen, who co-stars in the...

  • LOS ANGELES, Dec 25- "The Interview," the Sony Pictures film about a fictional plot to assassinate North Korean leader Kim Jong Un, opened in midnight screenings in a smattering of U.S. cinemas on Christmas Day, drawing moviegoers who said they supported the studio's decision to stand up to efforts to censor the low-budget comedy. Seth Rogen, who co-stars in the film...

  • TOKYO, Dec 25- Fuji Heavy Industries, the maker of Subaru brand cars and SUVs, has scrapped a plan to shift production of the new XV Crosstrek to its U.S. plant and will instead make the SUV in Japan, a source familiar with the company's production plans said. Fuji Heavy, which has a policy of making cars in markets where they are sold, decided to make the new vehicle in...

  • TOKYO, Dec 25- Fuji Heavy Industries, the maker of Subaru brand cars and SUVs, has scrapped a plan to shift production of the new XV Crosstrek to its U.S. plant in Indiana and will instead make the crossover SUV in Japan, a source familiar with the company's production plans said. Fuji Heavy, which has been moving production to Indiana due to the strong yen and a policy of...

  • Dec 19- A U.S. federal appeals court has slashed the damages that Zimmer Holdings Inc will have to pay Stryker Corp for infringing its patents on a surgical cleaning wand. Last year a jury in Grand Rapids, Michigan, awarded medical device maker Stryker $70 million in lost profits and found Zimmer's conduct to have been willful. A three-judge panel of the U.S. Court of...