Veteran U.S. Senator Thad Cochran of Mississippi narrowly defeated challenger Chris McDaniel in a runoff election.» Read More
TOKYO, June 27- Asian shares got off to a tentative start on Friday after a weak performance on Wall Street, and global bond yields dropped on creeping doubts on the strength of the U.S. economic recovery. MSCI's broadest index of Asia-Pacific shares outside Japan was flat.
WASHINGTON, June 26- The U.S. Air Force widened a ban on flights of Lockheed Martin Corp's F-35 A-model fighter jets on Thursday as authorities continue to investigate a fire on one of the jets this week, but the Navy and Marine Corps stopped short of a similar blanket move ahead of the plane's international debut next month.
June 25- Home Depot and other U.S. companies are working to eliminate or limit use of a type of pesticide suspected of helping cause dramatic declines in honeybee populations needed to pollinate key American crops, officials said on Wednesday.
The Old Line State runs circles around much of the country for education and innovation. But high costs and regulations hold back business.
New York Governor Andrew Cuomo, a Democrat, has backed the proposed increase to $8.50 from the current $7.25 an hour, but the bill has met heavy resistance in the state senate, where Republicans have a power sharing agreement with a breakaway group of Democrats.
NEW YORK/ LONDON, June 17- Gold edged lower on Tuesday, backing away from the previous session's three-week highs as a stronger dollar and possible thawing of Middle East-West tensions quelled appetite for safe-haven assets.
WASHINGTON, June 16- For 15 years, Massachusetts has been the most economically evolved U.S. state, according to an index released on Monday by the Information Technology and Innovation Foundation. California, Washington, Maryland, Colorado, Virginia, Connecticut, Utah and New Jersey rounded out the top 10 states.
June 13- Silicon Valley entrepreneur David Welch says it was his three children who motivated him to spend almost $2 million challenging California's teacher tenure laws.
June 11- Natrol Inc filed for bankruptcy on Wednesday, a day after a U.S. judicial panel consolidated several class actions accusing the health supplement maker of false marketing of its joint relief products.
That happened to Carrie Walczak, an American living in Germany, in May. Walczak, a 37- year-old from upstate New York, lived in Brussels for seven years with her Belgian husband before moving to Bad Homburg, Germany, where she has resided for the past 18 months.
June 10- PPL Corp said it would combine part of its U.S. power generation business with that of private equity firm Riverstone Holdings LLC to form a listed company, as it tries to shield itself from the volatile power market.
WASHINGTON, June 10- Foreclosure activity across the United States dropped to an eight-year low in May as banks reclaimed fewer homes and foreclosure starts saw their lowest levels in years, RealtyTrac said in a report on Tuesday.
NEW YORK/ DETROIT, June 5- The top lawyer at General Motors Co has survived the automaker's struggles over an ignition-switch defect, as a rash of firings announced on Thursday touched the corporate legal department he oversees.
June 4- Clean energy company NRG Yield Inc said it would buy California's Alta Wind Energy Center, the largest wind farm in North America, for $870 million from Terra-Gen Power LLC. The deal will add 947 megawatt to the wind portfolio of NRG Yield and parent NRG Energy Inc, making it the fifth largest in the continent at 2,839 MW.
June 4- NRG Yield Inc, a unit of NRG Energy Inc, said it would buy California's Alta Wind Energy Center, the largest wind farm in North America, for $870 million. The deal is expected to increase NRG Yield's annual run-rate earnings before interest, taxes, depreciation and amortization by about $220 million.
June 4- Stifel Financial Corp said it would buy asset manager Legg Mason Inc's investment advisory unit to expand its wealth management business. Legg Mason's chief executive Joseph Sullivan, who was put at the helm in February last year, has been trying to reverse a long record of net quarterly withdrawals by customers tied to past performance problems.
June 4- NRG Energy Inc is close to a deal worth more than $800 million to buy Alta Wind Energy Center, the largest wind farm in North America, the Wall Street Journal reported citing people familiar with the matter.
June 3- General Motors on Tuesday apologized to families of accident victims who have been notified to bring in cars for replacement of defective ignition switches. "We are deeply sorry to those families who received a recall notice," said GM spokesman Greg Martin in response to questions from Reuters.
SEATTLE, June 2- The Seattle city council voted unanimously on Monday to approve a sharp increase in the city's minimum wage to $15 an hour over the next seven years, marking the first time a major U.S. city has committed to such a high base level of pay.
May 28- By December, Holly Ellis and Brendan Spiegel had nailed down most of the details of their upcoming July wedding by signing a contract that would take care of just about everything- from food to flowers to music.