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  • July 15- Royal Dutch Shell Plc said on Tuesday it had found roughly 100 million barrels of oil equivalent in the Gulf of Mexico' s Norphlet formation, its third discovery there. The company, the gulf's largest operator, found the oil near its Rydberg well, roughly 75 miles off the Louisiana coast.

  • LHC to acquire Life Care Home Health Tuesday, 15 Jul 2014 | 10:37 AM ET

    LAFAYETTE, La.— Lafayette- based home nursing firm LHC Group will buy 14 home health agencies from a Tennessee company for $10 million in cash. Life Care Home Health Inc.' s agencies are spread across seven states. The Life Care agencies are in Arizona, Colorado, Massachusetts, Rhode Island, Tennessee, Utah and Washington.

  • WASHINGTON, July 15- Delayed maintenance has dogged the U.S. Strategic Petroleum Reserve with capacity issues that limit officials' ability to quickly draw down the emergency stockpile, the Energy Department's inspector general said on Tuesday.

  • Albemarle buying Rockwood in $6.2B deal Tuesday, 15 Jul 2014 | 6:22 AM ET

    BATON ROUGE, La.— Specialty chemicals company Albemarle is buying counterpart Rockwood Holdings Inc. in a cash-and-stock deal valued at about $6.2 billion.

  • Residents trained to aid Detroit's fight on blight Tuesday, 15 Jul 2014 | 4:01 AM ET

    DETROIT— One of the latest weapons helping Detroit in its long battle with blight and vacant houses isn't a super-powered bulldozer or millions of dollars in funding for demolitions.

  • Carbo Ceramics Inc, a Houston- based oil services company that is the world's largest producer of tiny ceramic balls that can boost the production of fractured wells, may hold the answer.

  • Jindal leases state parking garage for $2M Monday, 14 Jul 2014 | 11:55 AM ET

    Bobby Jindal's administration is leasing the rights to a state-owned parking garage for $2 million to help balance Louisiana's budget, a deal that appears to have the state taking a loss for the cash up front.

  • Audit: Failed sugar mill cost La. taxpayers $71M Monday, 14 Jul 2014 | 9:35 AM ET

    BATON ROUGE, La.— Louisiana lost more than $71 million in taxpayer money on a failed sugar cane mill in Jefferson Davis Parish that was sold for scrap late last year, according to an audit released Monday.

  • NEW YORK, July 14- Federal prosecutors are developing a criminal fraud case hinged on whether General Motors made misleading statements about a deadly ignition switch flaw, and are examining activity dating back a decade, before GM's 2009 bankruptcy, according to multiple sources familiar with the investigation.

  • Drive-ins use creativity to afford digital switch Saturday, 12 Jul 2014 | 9:40 AM ET

    SACO, Maine— Many in the movie industry feared the need to convert to digital could be the death knell for drive-ins, but drive-in operators are finding creative ways to afford the switch. Ry Russell, general manager of Saco Drive-In, launched a social-media campaign to win an $80,000 digital projection system in a contest sponsored by Honda.

  • US rig count rose 1 to 1,875 Friday, 11 Jul 2014 | 5:53 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by one this week to 1,875.. Of the major oil- and gas-producing states, Alaska, Kansas, Louisiana, Pennsylvania and Texas gained two rigs each. Arkansas, Colorado, New Mexico and Utah had unchanged rig counts.

  • The SIPC is a corporate non-profit that administers a fund paid for by Wall Street to compensate investors if a brokerage firm collapses. In an unprecedented case, the SEC decided to take legal action against the fund and force SIPC to start court proceedings for victims to file claims.

  • US appeals granting of new trial to ex-BP engineer Friday, 11 Jul 2014 | 4:25 PM ET

    NEW ORLEANS— Federal prosecutors are appealing a judge's decision to grant a new trial to a former BP engineer convicted of obstructing justice in an investigation of the 2010 Gulf of Mexico oil spill. The notice of appeal in the case of Kurt Mix was filed Friday in U.S. District Court, where Mix was tried, and at the 5th U.S. Circuit Court of Appeals.

  • But I feel like I'm changing one or two minds here or there, "said Felice Pete, a nurse anesthetist and a member of the state party's Black Advisory Board. The swing state, one of 11 where the Republican National Committee has hired staff to reach black voters, hosts one of the country's most important Senate races in November's midterm elections.

  • AG: 'Big Oil' lawsuit supporter's term is over Friday, 11 Jul 2014 | 10:41 AM ET

    NEW ORLEANS— Louisiana Attorney General Buddy Caldwell says a south Louisiana flood board member who supports the board's environmental lawsuit against the oil and gas industry has reached the end of his term. Caldwell's opinion is that the term of Paul Kemp on the Southeast Louisiana Flood Protection Authority-East ended July 1.

  • *Sasol, Eni to study building plant in Mozambique. The company has seen costs overrun at its flagship Qatar plant, cancelled a U.S. project and is relying on a favourable link between prices for feedstock natural gas and oil- factors which have jangled the nerves of some investors in Royal Dutch Shell.

  • LOS ANGELES, July 10- Television newcomers "True Detective," a crime drama from HBO, and "Orange is the New Black," a dark prison comedy from Netflix, racked up a dozen Emmy nominations each on Thursday, challenging stalwarts like "Breaking Bad" and "Modern Family."

  • LOS ANGELES, July 10- Television newcomers "True Detective," a crime drama from HBO, and "Orange is the New Black," a dark prison comedy from Netflix, racked up a dozen Emmy nominations each on Thursday, challenging stalwarts like "Breaking Bad" and "Modern Family."

  • *Sasol, Eni to study building plant in Mozambique. The company has seen costs overrun at its flagship Qatar plant, cancelled a U.S. project and is relying on a favourable link between prices for feedstock natural and oil- factors which have jangled the nerves of some investors in Royal Dutch Shell.

  • Top Army brass defend troubled intelligence system Thursday, 10 Jul 2014 | 3:08 AM ET

    John Campbell, the Army's vice chief of staff, appeared last year at a budget hearing on Capitol Hill, he cited his son's experiences as a soldier in Afghanistan to answer a senator's tough questions about a troubled intelligence technology system.