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  • Too late: Cops' deaths highlight outdated systems Tuesday, 23 Dec 2014 | 3:07 PM ET

    NEW YORK— After Ismaaiyl Brinsley shot his ex-girlfriend and posted an online death threat against police, investigators in Maryland used modern cellphone tracking technology to follow his journey to New York City in real time. But when it came to giving the New York Police Department specifics about Brinsley, the means were markedly low-tech: a phone call and...

  • Probe fails to link IRS scandal to White House Tuesday, 23 Dec 2014 | 11:05 AM ET

    WASHINGTON— A House Republican investigation faults senior IRS officials in the mistreatment of conservative groups that applied for tax-exempt status, but could find no link to the White House, according to a report released Tuesday. Issa has repeatedly clashed with the White House and congressional Democrats over the way the IRS treated tea party and...

  • CHICAGO— Tribune Media sold a 60- acre parcel of land where the printing facility for the Baltimore Sun is located for $46.5 million. Over the summer the company once known as the Tribune Co. split its publishing business from its broadcast operations, now called Tribune Media Co.. Tribune Media has 42 owned or operated local television stations, including WGN...

  • KITTERY, Maine— Even on land, the Ghost looks futuristic and fast. "It's a revolutionary program," said Gregory Sancoff, founder and CEO of Juliet Marine Systems. "Nothing like this has ever been built by anybody, not even the Navy."

  • Dec 21- On December 13, as thousands of protesters mobbed the New York streets, Yuseff Hamm, an NYPD police officer, was monitoring the demonstrations from a mobile command unit near the Brooklyn Bridge. Nor had he ever seen anything like what happened one week later, on Saturday: a lone gunman, hours after warning on Instagram that he planned an attack in retribution...

  • Lockheed Martin pays $27.5M in billing allegation Friday, 19 Dec 2014 | 6:31 PM ET

    NEWARK, N.J.— A subsidiary of defense contractor Lockheed Martin has agreed to pay $27.5 million to resolve allegations that it overbilled the government, federal prosecutors announced Friday. A message seeking comment left with Lockheed Martin wasn't immediately returned. The work was done at Fort Monmouth in New Jersey, and the Aberdeen Proving Ground in...

  • Recalls this week: Bean bag chairs, toy monkeys Friday, 19 Dec 2014 | 5:38 PM ET

    DETAILS: Bean bag chairs sold at Burlington Coat Factory, Kroger, Meijer and other retail stores nationwide and online at Amazon, Bean Bag Company, Groupon, Kohls, Target, Toys R Us, Walmart, Wayfair and other online retailers. They were sold between January 2010 and October 2013 for up to $40. FOR MORE: Contact Comfort Research at 844-578-8933 from 9 a.m. to 5 p.m. ET...

  • It's law now: 'No Social Security for Nazis' Friday, 19 Dec 2014 | 3:21 AM ET

    WASHINGTON— President Barack Obama on Thursday capped a swift and forceful response to an Associated Press investigation by signing into law a measure that bars suspected Nazi war criminals from receiving U.S. The AP's investigation, which was the impetus for the No Social Security for Nazis Act, found that dozens of former Nazis collected millions of...

  • Medicaid contract extended, after other deal axed Thursday, 18 Dec 2014 | 1:17 PM ET

    BATON ROUGE, La.— Lawmakers agreed Thursday to continue Louisiana's multimillion-dollar Medicaid claims processing contract for another year, an extension needed after Gov. Jindal cancelled the state's $200 million contract with Maryland- based Client Network Services Inc., known as CNSI, in 2013 because of concerns the firm was given favorable treatment...

  • Freed American endured years of declining health Wednesday, 17 Dec 2014 | 10:29 AM ET

    WASHINGTON— Alan Gross spent five years wasting away in a Cuban prison, losing hope that he would ever be free and at one point apparently contemplating suicide. The former federal subcontractor arrested in 2009 was freed as part of a historic announcement that the U.S. would re-establish diplomatic relations with Cuba. Gross' wife, Judy, has called him a...

  • Lockheed to settle suit over retirement accounts Tuesday, 16 Dec 2014 | 4:08 PM ET

    ST. LOUIS— Lockheed Martin Corp. agreed on Tuesday to settle a federal class-action lawsuit accusing the aerospace and defense behemoth of mismanaging the investment accounts of its employees and retirees, charging the investors high fees along the way. Lockheed Martin had countered that such claims "are false," and it was "committed to defending against the...

  • Cancer patients testing drugs on mouse 'avatars' Monday, 15 Dec 2014 | 12:01 AM ET

    Scientists often test drugs in mice. Now some cancer patients are doing the same— with the hope of curing their own disease. It's the wave of the future, "said Eileen Youtie, a Miami woman using mice to guide care for her hard-to-treat form of breast cancer.

  • Senate cancels vote on Obama Social Security pick Sunday, 14 Dec 2014 | 1:03 PM ET

    Obama nominated Carolyn W. Colvin to a six-year term as commissioner in June, and Colvin's nomination cleared one procedural hurdle in the Senate Saturday. However, Senate Majority Leader Harry Reid, D- Nev., canceled an upcoming vote, making it likely Colvin won't get a vote until next year, when Republicans take control of the Senate. Colvin's nomination would...

  • Congress sends Obama $1.1 T spending bill Saturday, 13 Dec 2014 | 12:12 AM ET

    WASHINGTON— President Barack Obama on Friday urged the Senate to ratify a $1.1 trillion, House-passed spending bill that has roiled his Democratic Party, judging it an imperfect measure that stems from "the divided government that the American people voted for." Mike Lee of Utah, launched a bid to force the Senate to vote on Obama's new immigration policy.

  • WASHINGTON, Dec 11- Foreclosure activity across the United States fell in November as banks repossessed fewer homes and scheduled a lower number of auctions, according to a report released on Thursday. "The housing market is struggling to find the new normal when it comes to a tolerable level of foreclosure activity in this post-Great Recession economy,"...

  • NEW YORK, Dec 9- More top global financial executives expect a stronger dollar to help their bottom line than see harmful effects from the currency's rise, a private survey released on Tuesday showed. Twenty-four percent of corporate treasurers and chief financial officers said they expected a stronger dollar to improve their companies' earnings in 2014,...

  • Innovative lawyer changed the way top firms operate Monday, 8 Dec 2014 | 5:32 AM ET

    BETHESDA, Maryland, Dec 8- Although large firms dominate the list of those that are most successful at getting cases before the U.S. Supreme Court, there are a handful of exceptions. Perhaps the most notable is the unusual four-lawyer firm run by Thomas Goldstein in a Washington suburb 10 miles from the high court. Some of Goldstein's success can be traced to...

  • NEW YORK, Dec 4- U.S. Treasuries investors are focused on the wide difference in yields between European government bonds and higher-paying Treasuries, especially among long maturities, according to Dan Heckman, senior fixed income strategist, at U.S. Bank Wealth Management in Kansas City.

  • TREASURIES-Prices rise as ECB reduces growth forecasts Thursday, 4 Dec 2014 | 11:21 AM ET

    NEW YORK, Dec 4- U.S. European Central Bank President Mario Draghi told reporters in Frankfurt that the ECB's Governing Council was unanimous in backing such potential steps as a government bond-buying program with new money. Treasuries initially rose on the ECB's actions and Draghi's comments but then slipped as investor reassessed the timing and...

  • WASHINGTON, Dec 3- U.S. Supreme Court justices appeared unsure on Wednesday how to decide a case that could determine whether employers must provide accommodations for pregnant workers who may have physical limitations on duties they can perform. During a one-hour argument before the nine justices, two of the court's three women- Elena Kagan and Ruth Bader...