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  • Do cases FBI cites support encryption worries? Friday, 17 Oct 2014 | 6:40 PM ET

    FBI Director James Comey says encrypting data stored on smartphones and computers could hurt criminal investigations, and evidence reviewed by The Associated Press shows that the child abuse case in Los Angeles from summer 2011 is a powerful, compelling argument. But at least three other examples the FBI director has cited are not so cut and dry.

  • 'Easy Rider' chopper at auction might be phony Friday, 17 Oct 2014 | 3:14 PM ET

    CALABASAS, Calif.— The customized Captain America chopper Peter Fonda rode in "Easy Rider" is up for auction this weekend in California. Gordon Granger of Texas says he bought the original "Easy Rider" motorcycle in 1996 from Dan Haggerty, an actor with a bit part in the 1960 s counterculture classic. But the actor acknowledged to the Los Angeles Times this week that he...

  • Federal offshore oil lease sale set for March Friday, 17 Oct 2014 | 2:40 PM ET

    NEW ORLEANS— Oil and gas leases for 40 million acres off the coasts of Louisiana, Mississippi and Alabama will be offered by the federal government in a March sale at the Superdome in New Orleans, the Bureau of Ocean Energy Management said Friday. "As one of the most productive basins in the world, the Gulf of Mexico is a cornerstone of our domestic energy portfolio,...

  • US rig count down 12 to 1,918 Friday, 17 Oct 2014 | 2:27 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 12 this week to 1,918.. Oklahoma decreased by seven rigs, New Mexico was down four, Alaska was off two and Arkansas, California and North Dakota each dropped one. Colorado, Kansas, Louisiana, Ohio, Pennsylvania and Utah were unchanged.

  • FBI Director James Comey on Thursday made his strongest comments yet about encryption features built into new cell phones by Google Inc and Apple Inc, warning they could hurt law enforcement efforts to crack homicide and child exploitation cases. FBI agents are generally able to access information stored on cell phones with a court order related to a...

  • Pool Corp. meets 3Q profit forecasts Thursday, 16 Oct 2014 | 7:15 AM ET

    COVINGTON, La. _ Pool Corp. on Thursday reported third-quarter net income of $34.8 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 78 cents per share. Pool Corp. expects full-year earnings to be $2.38 to $2.43 per share.

  • Court battle over giant emerald nears resolution Thursday, 16 Oct 2014 | 7:08 AM ET

    LOS ANGELES— An incredible hulk of an emerald weighing 840 pounds was hauled out of a Brazilian mine more than a decade ago and began a global odyssey that ended in Los Angeles Superior Court, where a fight over its ownership is nearing resolution. Downie was the second claimant to be eliminated from consideration by Los Angeles County Superior Court Judge...

  • Texas abortion clinics reopen after court reprieve Thursday, 16 Oct 2014 | 7:06 AM ET

    AUSTIN, Texas— Texas abortion clinics that closed under tough new restrictions began reopening Wednesday after winning a reprieve at the U.S. Supreme Court, but the facilities were scheduling women with uncertainty and skeleton staffs. A five-sentence ruling late Tuesday blocked parts of a sweeping Texas abortion law that required clinics to meet...

  • Oil spill plaintiff lawyers: keep claims chief Wednesday, 15 Oct 2014 | 5:47 PM ET

    NEW ORLEANS— A move by oil giant BP to have a court fire the administrator of a damage claims settlement arising from the 2010 BP oil spill was opposed Wednesday by the administrator as well as by lawyers for Gulf Coast interests claiming harm from the disaster. Among the reasons: They said Juneau once represented Louisiana in talks setting up the claims process...

  • NEW YORK, Oct 15- Saudi Arabia effectively started a global oil price war this month aimed at quickly denting U.S. oil output. At stake is not just the fate of a U.S. drilling frenzy that has transformed the North American energy picture and powered the U.S. economy, but the shape of the global market as OPEC leader Saudi Arabia hopes to take share from U.S. producers.

  • 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...

  • EPA approves new weed killer for engineered crops Wednesday, 15 Oct 2014 | 12:00 PM ET

    The EPA said Wednesday that it will allow the use of a 2,4- D weed killer called Enlist Duo, a new version of the popular herbicide used since the 1940 s. The EPA said in a release that the agency's decision reflects a large body of science and that officials used "highly conservative and protective assumptions to evaluate human health and ecological risks."

  • Britain's Court of Appeal last week overturned a previous High Court ruling that the LME's consultation on linking load-in and load-out rates at log-jammed warehouses was unlawful. This, however, looks little more than defiant posturing, given that the Court of Appeal expressly denied it the right of further appeal. Just a shame then that the two aluminium...

  • NEW YORK, Oct 15- Saudi Arabia effectively started a global oil price war this month aimed at quickly denting U.S. oil output. At stake is not just the fate of a U.S. drilling frenzy that has transformed the North American energy picture and powered the U.S. economy, but the shape of the global market as OPEC leader Saudi Arabia hopes to claw share from U.S. producers.

  • Treasury clears way for oil spill recovery grants Tuesday, 14 Oct 2014 | 4:44 PM ET

    NEW ORLEANS— The U.S. Treasury Department says it has cleared the way for Gulf Coast states and local governments to begin applying for recovery grants through a federal RESTORE Act trust fund containing money from civil penalties in the 2010 BP oil spill. Under rules finalized Tuesday, 35 percent of the Gulf Restoration Trust Fund will be divided equally among...

  • Great Northern Paper filings show deficit Tuesday, 14 Oct 2014 | 6:32 AM ET

    PORTLAND, Maine— Recent court filings have revealed the depths of Great Northern Paper Co.' s financial hole. The Portland Press Herald reports that the company, managed by New Hampshire- based private equity firm Cate Street Capital, has roughly $28 million in assets, but has liabilities of slightly more than $65 million. The two largest secured creditors—...

  • New $3.7B gas line proposed for Ala., Ga., Fla. Saturday, 11 Oct 2014 | 9:21 AM ET

    ATLANTA— A proposal to build a $3.7 billion pipeline system carrying natural gas into Florida is raising complaints from Georgia residents— including media mogul Ted Turner— who say they'd face environmental costs while others get the benefits. Spectra Energy Partners LP and NextEra Energy Inc. are seeking federal permission to build the Sabal Trail and the...

  • New methanol plant planned for Plaquemines Parish Friday, 10 Oct 2014 | 3:12 PM ET

    BELLE CHASSE, La.— State officials have announced that Castleton Commodities International LLC plans a $1.2 billion methanol manufacturing plant in Plaquemines Parish. Castleton expects to begin construction in 2016. The plant is planned for the Braithwaite area along the Mississippi River. "The project location situated along the Mississippi River near...

  • Unequal Pay: Must be a lot of good karma out there Friday, 10 Oct 2014 | 2:20 PM ET

    Microsoft CEO Satya Nadella was widely derided Thursday for his foot-in-mouth statement at an event celebrating women in computing. During his stage interview, Microsoft director Maria Klawe asked Nadella to give advice to women who want to advance their careers but are uncomfortable asking for promotions and raises. He didn't say if he has employed that...

  • US rig count up 8 to 1,930 Friday, 10 Oct 2014 | 1:56 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by eight this week to 1,930.. Of the major oil- and gas-producing states, New Mexico gained three rigs, Ohio, West Virginia and Wyoming each increased by two and Kansas, Texas and Utah each gained one. North Dakota lost seven rigs,...