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  • *Market intelligence firm Genscape reports Cushing draws. NEW YORK, June 18- Oil prices rose for a third straight day on Thursday, helped by a weaker dollar and data showing draws this week at the delivery point for U.S. crude futures. Market intelligence firm Genscape reported a draw of about 870,000 barrels at the Cushing, Oklahoma delivery point for crude in the...

  • In campaign reboot, Clinton vows wage gap push Saturday, 13 Jun 2015 | 3:05 PM ET
    Democratic presidential hopeful and former Secretary of State Hillary Clinton hosts a small business forum with members of the business and lending communities at Bike Tech bicycle shop on May 19, 2015 in Cedar Falls, Iowa.

    Hillary Rodham Clinton delivered a populist promise to reverse the gulf between the rich and poor at her biggest campaign event to date.

  • BERLIN, June 9- Likely Republican presidential candidate Jeb Bush on Tuesday criticized the 2010 Dodd-Frank Wall Street oversight law, saying it did not stop banks from becoming "too big to fail" and may have contributed to new risks in the U.S. financial system. Bush, the former governor of Florida, is expected to formally launch his bid for the White House on June 15,...

  • NEW YORK, June 5- U.S. benchmark Treasury debt yields on Friday posted their best weekly performance in two years after data showed the world's largest economy created more jobs than expected last month, bolstering prospects for a Federal Reserve interest rate hike in September. U.S. nonfarm payrolls increased by 280,000 last month, the largest gain since...

  • LOS ANGELES, June 5- Even as regulators are firing shots at reverse mortgages for what they consider deceptive advertising, financial planners are taking a new look at these loans as a way to avoid selling stocks. The Consumer Financial Protection Bureau slammed industry advertising earlier this week, saying it misled people about the risks and costs of such...

  • *Oil pares gains on strong dollar; OPEC keeps output steady. While uncertainty over Greece weighed on sentiment in Europe, a surprisingly strong U.S. labor market report for May pared equity losses in Europe and lifted Treasury yields. Wall Street opened lower but cut its losses after two hours of trading.

  • NEW YORK, June 5- Amazon.com Inc is in a race against Google Inc to store data on human DNA, seeking both bragging rights in helping scientists make new medical discoveries and market share in a business that may be worth $1 billion a year by 2018.. Academic institutions and healthcare companies are picking sides between their cloud computing offerings- Google...

  • Funds run by Boston- based Fidelity Investments and Baltimore's T. Rowe Price Group, for example, more than doubled their money with pre-IPO bets on Facebook Inc. And shares of lesser known Zafgen Inc are up 15- fold since the Fidelity Select Biotechnology Portfolio made a pre-IPO investment of $11.2 million in late 2013. Zafgen's IPO was in June 2014.

  • The hidden truth about the presidential candidates Tuesday, 2 Jun 2015 | 10:30 AM ET
    Jeb Bush, Rick Perry and Chris Christie

    Using our Top States for Business metrics, we judge the performance of the governors running in the 2016 US presidential election.

  • BOSTON, June 1- Investment manager T. Rowe Price Group said on Monday it has closed its Health Sciences Fund to new investors amid a faster pace of inflows, reflecting the sector's popularity. Baltimore- based T. Rowe Price said the fund and similar portfolios for institutional clients, focused on healthcare, medicine and life sciences, held $14.8 billion as of...

  • May 28- Amazon.com Inc said on Thursday it will offer limited free same-day delivery under its Prime shipping service as retailers try to outdo each other on delivery deals, and expanded the service to San Diego and the Tampa Bay Area. Amazon offers same-day delivery to Prime members for $5.99 per order and non-members for $8.99, plus 99 cents per unit.

  • May 28- Amazon.com Inc said on Thursday it will expand same-day delivery to San Diego and the Tampa Bay Area under its Prime shipping service, which has been an engine of revenue growth for the online seller. Amazon offers same-day delivery to Prime members for $5.99 per order and non-members for $8.99 plus 99 cents per unit. The same-day delivery service is...

  • NEW YORK, May 25- An Air France flight from Paris was escorted by U.S. fighter jets to New York's John F. Kennedy International Airport on Monday after an anonymous threat was made against the flight, according to WABC television. Citing an unnamed senior U.S. official, ABC News said the Maryland State Police Fusion Center, which handles intelligence gathering,...

  • May 22- Investors worldwide pulled $8.5 billion out of funds that specialize in U.S. stocks in the week ended May 20 on appetite for cheaper share prices in Europe, data from a Bank of America Merrill Lynch Global Research report showed on Friday. Stock funds overall returned to outflows, with $600 million pulled after $1.9 billion in inflows the prior week,...

  • U.S. Senate Democrats press for Amtrak funding increase Thursday, 21 May 2015 | 4:44 PM ET

    One day after an Amtrak train derailed on May 12 near Philadelphia, killing eight passengers, the Republican-controlled House Appropriations Committee approved a $1.14 billion Amtrak budget, a $252 million cut from fiscal 2015.. "Philadelphia was preventable and it was predictable," Senator Richard Blumenthal of Connecticut said at a news conference.

  • WASHINGTON, May 21- A surge in bank repossessions of properties last month pushed overall foreclosure activity across the United States to an 18- month high, according to a report by industry firm RealtyTrac released on Thursday. "In this particular market, an influx of distressed inventory could actually help stimulate sales during the spring and summer...

  • May 20- CareFirst BlueCross BlueShield, which sells health insurance in Maryland, Virginia and the District of Columbia, said on Wednesday that a cyberattack compromised the data of 1.1 million current and former members. Anthem Inc, the second-largest U.S. insurer, said early this year that the records of 80 million people were accessed by hackers.

  • BOSTON, May 19- The now-defunct Massachusetts pharmacy behind a deadly 2012 meningitis outbreak that killed at least 64 people will pay out $200 million to its victims and creditors under a bankruptcy reorganization plan approved on Tuesday. The bankruptcy reorganization plan was approved by U.S. Bankruptcy Court Judge Henry Boroff. Deaths of patients...

  • NEW YORK, May 18- CME Group Inc said on Monday it would launch a zinc futures contract next month, stepping up a global battle for metals market share with the London Metal Exchange amid expanding Asian markets. The statement did not explain JPMorgan's role in the zinc contract. "We're pleased that CME Group has responded swiftly and decisively to industry...

  • WASHINGTON, May 18- The U.S. Supreme Court on Monday ruled that the state of Maryland cannot force residents to pay certain local taxes without taking into account taxes paid on income earned in other states. Maryland offers a tax credit for income taxes paid by residents to other states, but the state argued the credit does not apply to certain county-level...