Eleven Democratic senators urged Obama to make a final decision on whether to approve TransCanada Corp's Keystone.» Read More
NEW ORLEANS— Amedisys Inc., a Baton Rouge- based home health company, will pay $150 million to resolve allegations that it inflated Medicare billings and had improper financial relationships with referring physicians, the U.S. Department of Justice said Wednesday.
WASHINGTON, April 23- Home healthcare company Amedisys Inc will pay $150 million to resolve allegations that it submitted false billings to Medicare, the U.S. Justice Department said on Wednesday.
MOUNTAIN VIEW, California— Trips down memory lane are now available on Google's digital maps. The new twist on time travel is debuting Wednesday as part of the "Street View" feature in Google's maps, a navigational tool that attracts more than 1 billion visitors each month.
WASHINGTON— To hear party operatives describe the fight for the Senate, it's the boogeyman billionaires against the shifty septuagenarian. Now, Republican candidates are adjusting their plans and linking Democratic Senate candidates to Reid, painting the 74- year-old leader and his allies as unscrupulous politicians.
NEW YORK— States should face economic competition from each other because it pushes them to make sure their business environments are as strong as possible, Texas Gov. Perry was pushing the premise that the business environment was better in Texas, an idea he has promoted in New York before as well as in other states like California.
HOUSTON, April 22- The high-stakes penalty phase of BP's trial over its role in the 2010 U.S. Fines under the Clean Water Act could top $17 billion, an amount more than BP's profit in 2013, which after items was $13.4 billion.
NEW ORLEANS— The U.S. Commerce Department is investigating allegations that Mexico is exporting far more sugar than it has in the past and selling it in the U.S. at below fair market price. The Commerce Department announced its decision Friday, saying sugar imports from Mexico grew from 1.4 million metric tons in 2011 to nearly 2.1 million metric tons last year.
New York- based Orange Capital, which raised its stake in the company to 4.5 percent, as of April 10, said it was in talks with the company regarding opportunities to maximize shareholder value.
NEW YORK— Calpine Corp. said Monday that it has agreed to sell six of its power plants, including two in Alabama, to privately-held LS Power Equity Advisors for $1.57 billion. Houston- based Calpine plans to use the money to pay down debt, acquire other sites or buy back its stock, said CEO Jack Fusco.
Secretary of Agriculture Tom Vilsack announced in Cedar Rapids the formation of the first Rural Business Investment Company, a for-profit firm licensed by the USDA to invest in businesses that otherwise might not have the capital to increase business opportunities. The USDA traditionally has offered guaranteed loans or direct loans for rural businesses.
Democrats are split between environmentalists and business and labor groups, with the proposed Canada- to- Texas oil pipeline a major wedge.
An indefinite extension of the government's review of the contentious oil pipeline, announced late Friday by the State Department, almost certainly pushes a final decision past the November elections, keeping the project in a politically expedient holding pattern.
WASHINGTON, April 18- The U.S. government launched on Friday a probe into allegations that cheap imports of Mexican sugar are causing nearly $1 billion in damages in the local market, even as the Mexican representatives made a formal rebuttal of the accusations.
President Barack Obama has said he will have the final say on whether to allow the pipeline connecting Canada's oil sands region to Texas refiners, and several government agencies had been given until May to weigh in.
WASHINGTON, April 18- Mexican sugar imports are no threat to the profitable, "well-heeled" and protected U.S. sugar industry, Mexican producers said on Friday, rebuffing accusations that super-cheap imported sugar risks nearly $1 billion damage to the local industry.
In a surprise announcement Friday as Washington was winding down for Easter, the State Department said federal agencies will have more time to weigh in on the politically fraught decision— but declined to say how much longer.
NEW YORK— Independent power producer Calpine said Friday will sell six power plants in the Southeast to LS Power for $1.57 billion.
*BP pays billions in compensation but some claims still unpaid. April 18- Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over.
WASHINGTON— A former BP employee who was a coordinator during the 2010 oil spill in the Gulf of Mexico has agreed to settle federal charges of using confidential information on the seriousness of the spill to profit illegally from trading in BP stock.
WASHINGTON— President Barack Obama's full-throated defense of his health care overhaul seems perfectly timed for Democrats who want their party to embrace the law more enthusiastically. At a White House news conference Thursday, Obama noted that health insurance enrollments under the new law are higher than expected, and costs are lower.