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  • NEW YORK— A clean-water advocate took an Earth Day swim in the polluted Gowanus Canal, a federal Superfund site. yelled Christopher Swain, wearing a yellow-and-black protective suit and a green swim cap as he crossed a railing into the water near a sewage discharge point in Brooklyn, where a sign warns people to stay out of the water. "I've patiently waited for this...

  • FACTBOX-Teva Pharmaceutical's history of key acquisitions Wednesday, 22 Apr 2015 | 9:06 AM ET

    April 22- Teva Pharmaceutical Industries has offered to buy rival generic drugmaker Mylan for $40 billion in what would be the largest acquisition in Israel's history, equivalent to nearly 15 percent of GDP. *In March 2015 it said it would buy U.S. neurology drug company Auspex Pharmaceuticals for an equity value of $3.5 billion, a move to boost its portfolio of...

  • Sonus reports 1Q loss Wednesday, 22 Apr 2015 | 7:21 AM ET

    WESTFORD, Mass. _ Sonus Networks Inc. on Wednesday reported a loss of $19.4 million in its first quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 31 cents per share. Six analysts surveyed by Zacks expected $52.6 million.

  • EMC misses Street 1Q forecasts Wednesday, 22 Apr 2015 | 7:10 AM ET

    HOPKINTON, Mass. _ EMC Corp. on Wednesday reported first-quarter profit of $252 million. EMC expects full-year earnings to be $1.91 per share, with revenue expected to be $25.7 billion. EMC shares have declined 11 percent since the beginning of the year, while the Standard& Poor's 500 index has increased almost 2 percent.

  • High court rules against Boston cab drivers Wednesday, 22 Apr 2015 | 6:39 AM ET

    BOSTON— The state's highest court has ruled that Boston cab drivers are independent contractors and not employees, meaning they are not covered by state overtime and wage laws. The Supreme Judicial Court said in its ruling Tuesday that cab drivers have the freedom to work the shifts they choose and transport as many or as few passengers as they choose.

  • Thermo Fisher tops 1Q profit forecasts Wednesday, 22 Apr 2015 | 6:15 AM ET

    WALTHAM, Mass. _ Thermo Fisher Scientific Inc. on Wednesday reported first-quarter net income of $385.1 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share. Nine analysts surveyed by Zacks expected $4 billion.

  • VA pledges broad review of claims processing Wednesday, 22 Apr 2015 | 3:12 AM ET

    WASHINGTON— The Department of Veterans Affairs said Wednesday it has launched a top-down review of its handling of disability claims and pledged to punish those who falsify data as pressure mounted on Capitol Hill for personnel changes amid mismanagement investigations in Philadelphia and other VA facilities. Separately, the office of the VA inspector...

  • COPENHAGEN, April 22- On Valentine's Day, two weeks after his release from prison, Omar Abdel Hamid El-Hussein walked up to a Copenhagen cafe hosting a debate on freedom of speech and sprayed it with bullets. The country was further confounded when it emerged that prison officials had warned Denmark's domestic intelligence agency that Hussein was at risk of...

  • Warner Bros. previews chilling Johnny Depp film, others Wednesday, 22 Apr 2015 | 1:34 AM ET

    Theater owners at the annual conference for exhibitors got a first look at a trailer for the film as a part of Warner Bros. massive presentation of their film slate through 2016. Paramount presented their lineup earlier in the day and the other major studios have demonstrations scheduled for later in the week. Warner Bros. pummeled exhibitors at CinemaCon with...

  • DIARY- Top Economic Events to May 4 Tuesday, 21 Apr 2015 | 8:01 PM ET

    NEW YORK- Germany's Bundesbank board member Andreas Dombret speaks on current situation in the euro area- 1700 GMT. WASHINGTON- Senate Finance Committee holds hearing on nominations of Anne Elizabeth Wall to be a deputy undersecretary of the Treasury and Brodi Fontenot to be chief financial officer, U.S. Department of the Treasury- 1800 GMT.

  • WICHITA, Kan.— A former bank president and two of his customers allegedly conspired to launder drug money in Kansas for Mexican cartels, while two former employees of the small southwest Kansas bank failed to report the suspicious financial transactions, according to charges unsealed Tuesday. The 37- count indictment is part of a larger national...

  • Aware posts 1Q profit Tuesday, 21 Apr 2015 | 4:51 PM ET

    BEDFORD, Mass. _ Aware Inc. on Tuesday reported first-quarter earnings of $272,000. On a per-share basis, the Bedford, Massachusetts- based company said it had net income of 1 cent. This story was generated by Automated Insights using data from Zacks Investment Research.

  • IRobot posts 1Q profit Tuesday, 21 Apr 2015 | 4:21 PM ET

    BEDFORD, Mass. _ IRobot Corp. on Tuesday reported first-quarter profit of $4.8 million. Analysts surveyed by Zacks had expected revenue of $160.4 million. The company expects full-year earnings to be $1.25 to $1.35 per share, with revenue ranging from $625 million to $635 million.

  • Twin River management proposes new casino in Tiverton Tuesday, 21 Apr 2015 | 11:34 AM ET

    PROVIDENCE, R.I.— A new casino in Tiverton with table games and easy access to state highways would allow Rhode Island to compete with neighboring Massachusetts for gambling revenue, state casino operators said Tuesday. Twin River Management Group has secured the rights to acquire 45 acres of land off of Route 181, along the Massachusetts state border, and the...

  • Criminal charges would have required proof beyond a reasonable doubt that the workers acted with conscious disregard of a known risk of death or serious injury, said Daniel Conley, Suffolk County district attorney. The fire in the city's Back Bay neighborhood in March 2014 took the lives of Lt. Edward Walsh, 43, and firefighter Michael Kennedy, 33. They were...

  • NEW YORK, April 21- The European Union's antitrust probe into Google sparked a big rally in Russian search engine Yandex NV last week, even though the "Russian Google" still faces significant challenges, competitive and otherwise. But it has lost market share as Russian consumers have adopted Android-based cell phones that come pre-loaded with Google products...

  • WASHINGTON— President Barack Obama hit back at fellow Democrats who oppose his trade initiatives Tuesday, saying they have their facts wrong on the eve of a key Senate vote. Elizabeth Warren, D- Mass., Obama said: "I love Elizabeth. Senate Minority Leader Harry Reid of Nevada told reporters, "I'm not only no, I'm hell no" on Obama's bid for "fast-track" authority.

  • San Francisco bans performances by exotic animals Tuesday, 21 Apr 2015 | 5:18 AM ET

    SAN FRANCISCO— San Francisco supervisors on Tuesday approved a prohibition on performances using wild animals, joining dozens of other places that frown upon the display of bears and big cats, elephants and monkeys for human entertainment. Advocates and opponents agree that San Francisco will be the largest city in the U.S. to enact such a comprehensive...

  • April 20- Hedge fund manager David Einhorn's Greenlight Capital has taken a new stake in General Motors Co, nearly a year after selling off it position in the automaker, the firm said in a letter to clients on Monday seen by Reuters. The $11 billion fund believes General Motors has put behind it the impact of recalling more than 2.5 million vehicles in 2014 because...

  • Einhorn's Greenlight Capital buys into GM again Monday, 20 Apr 2015 | 6:57 PM ET

    April 20- Hedge fund manager David Einhorn's Greenlight Capital has taken a fresh stake in General Motors Co, nearly a year after exiting its position in the automaker, the firm said in a letter to clients on Monday. The fund believes General Motors has put the impact of recalling more than 2.5 million vehicles in 2014 because of ignition switch issues behind it,...