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  • Judge critical of 3 lawyers in Gulf damage claims Friday, 7 Nov 2014 | 4:02 AM ET

    NEW ORLEANS— Evidence clearly shows that a lawyer inside a court-supervised facility that handles damage claims over the 2010 Gulf of Mexico oil spill and two outside attorneys lied about a system of payments set up to help speed claims through the process, a federal judge said Friday. District Judge Carl Barbier's comments came at the end of a day of testimony...

  • Honda said "it is not aware of any claimed injuries or fatalities that have been confirmed" related to the issue. The action, upgrading Honda's "safety campaign" to a formal recall, comes a day after U.S. safety regulators, for the second time this week, ordered Honda to provide information under oath about its air bags. Honda is Takata's biggest customer, and the two...

  • DETROIT, Nov 6- Honda Motor Co said it will recall an undisclosed number of U.S. cars from model years 2001 to 2006 to replace potentially defective Takata Corp air bags. Honda did not provide a precise total. Honda said the cars were sold or registered in high-humidity states or territories, including Alabama, Florida, Georgia, Hawaii, Louisiana, Mississippi, South...

  • Nov 6- Potash Corp of Saskatchewan Inc agreed to spend more than $52 million on plant improvements and pay a $1.3 million civil penalty to resolve U.S. charges that it violated the Clean Air Act over the emission of harmful pollutants, such as sulfur dioxide. It resolves claims by the Justice Department and the U.S. Environmental Protection Agency that three...

  • WASHINGTON, Nov 5- A Republican controlled U.S. Senate means mean that key committees focused on energy, environment and budget will have new leadership with different priorities in the new Congress. Soon-to-be Senate Majority Leader Mitch McConnell and Republican National Committee Chairman Reince Preibus have both indicated that a bill to pass the...

  • Nov 5- CBS Corp, owner of the most-watched U.S. television network, reported a marginally better-than-expected quarterly profit and revenue, driven by higher distribution revenue from licensing its television shows. CBS, the home of shows such as "Madam Secretary," "Scorpion," and "NCIS: New Orleans," said advertising revenue grew nearly 2 percent to $1.55 billion in...

  • LOS ANGELES, Nov 4- After the votes are counted for the midterm U.S. elections, cable operators will be among the big winners, nearly doubling ad sales to about $800 million, while the nation's TV station operators will see far more modest increases. In 2010, TV stations benefited from competitive gubernatorial contests in California and New York, the two largest...

  • Nov 3- Energy and climate are central issues on some of the tightest U.S. Senate races of 2014 and have created a surge in spending by outside groups. First-term Democrat Mark Begich has stood behind actions by President Obama' s Environmental Protection Agency, including a decision to limit development of the massive Pebble Mine project in the state because it...

  • NASHUA, New Hampshire, Nov 2- Long viewed as an ally by Wall Street, likely 2016 presidential contender Hillary Clinton has increasingly been taking banks and big business to task while on the campaign trail for Democrats across the country. It comes days before Tuesday's midterm elections and as Clinton ramps up her political activity ahead of a probable White...

  • U.S. investors appear less concerned with whether Republicans take control of the Senate, as expected, or Democrats hang on to their majority by a slim margin. "If we have a really uncertain situation, where the Senate is divided and candidates are threatening recounts, that's really not good," said Robbert van Batenburg, director of market strategy at Newedge USA...

  • Concerns about slowing growth in Europe and a stronger dollar have helped push the price of light crude oil down about 25 percent since June to about $82 a barrel, creeping closer to the average marginal cost of crude production of about $73 a barrel for U.S. onshore work, according to a research note from Baird Equity Research. "The market is selling all of these...

  • Current polling suggests Republicans will take control of the Senate and hold onto the House. If Republicans take control of the Senate, McConnell has said he may use high-pressure tactics to challenge Obama, such as attaching riders to rein in the EPA via must-pass spending bills that only require a simple majority to pass. As McConnell mulls using riders to...

  • *Shares open at $32 and touch a high of $33.30. Oct 29- Shares of Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, rose as much as 45 percent in their market debut, in the latest MLP offering to win investor confidence. Royal Dutch Shell is the first of the industry majors to take an MLP public as a means of monetizing assets while...

  • Oct 29- Shares of Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, rose as much as 41 percent in their market debut, in what was the largest initial public offering by an MLP in a decade. Royal Dutch Shell became first of the industry majors to take an MLP public as a way to monetize assets while lowering the cost of capital.

  • Shell Midstream Partners' shares rise 40 pct in debut Wednesday, 29 Oct 2014 | 10:08 AM ET

    Oct 29- Shares of Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, rose as much as 40 percent in their market debut, in what was the largest initial public offering by an MLP in a decade. Shares of the MLP, which owns stakes in four pipelines in Texas and Louisiana, opened at $32. About 40 million common units were sold at $23 per...

  • DENVER, Oct 29- Green billionaire Tom Steyer vowed to make the November congressional elections about climate change. But NextGen and other green groups are not talking about climate change as much as one would expect. NextGen and other green groups say they're simply doing what it takes to elect the candidates they support.

  • DENVER, Oct 29- Green billionaire Tom Steyer vowed to make the November congressional elections about climate change. But NextGen and other green groups are not talking about climate change as much as one would expect. NextGen and other green groups say they're simply doing what it takes to elect the candidates they support.

  • Oct 28- Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, priced its enlarged initial public offering of 40 million units at $23 per unit, above its expected price range of $19- $21 per unit. Shell Midstream owns stakes in four onshore and offshore pipelines in Texas and Louisiana. This includes a 43 percent stake in a crude...

  • Oct 27- A U.S. judge on Monday slashed a $9 billion punitive damages award to $36.8 million against Takeda Pharmaceutical Co and Eli Lilly& Co over their Actos diabetes drug. District Judge Rebecca Doherty in Louisiana in a court filing granted a motion from the drugmakers to reduce the $9 billion in combined punitive damages awarded earlier this year.

  • Oct 22- With the closest known U.S. cases of Ebola diagnosed about 160 miles away in Dallas, Cary Griffin is taking no chances. For many, the three cases of Ebola diagnosed in the United States so far since late September represent a new potential disaster and a reason to run to the store. Chad Huddleston, an anthropologist at the University of Southern Illinois at...