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  • "If people think this is just to raise the flag, it's not going to last long," said Christopher Flensborg, Head of Sustainable Products and Product Development for Skandinaviska Enskilda Banken AB, the Swedish bank that's the world's largest underwriter of green bonds. Green bonds used to come exclusively from AAA-rated organizations like the World Bank; the...

  • Supplement maker admits lying about ingredients Wednesday, 17 Dec 2014 | 5:30 PM ET

    NEWARK, N.J.— Federal prosecutors say the owner and president of a dietary supplement company has admitted his role in the sale of diluted and adulterated dietary ingredients and supplements sold by his company. The 69- year-old Hackettstown resident faces up to five years in prison when he's sentenced March 30. Prosecutors say Steinlight admitted that the...

  • Existing gambling sites in New York state Wednesday, 17 Dec 2014 | 4:58 PM ET

    A New York panel decided to recommend only three sites for upstate gambling casinos instead of four amid an increasingly saturated gambling market. Here's a look at the other sites where gamblers already can go in New York. —Empire City Casino at Yonkers Raceway, Yonkers;.

  • Senator Robert Menendez said on Wednesday that President Barack Obama's shifts on Cuba policy were intended to circumvent U.S. law. "Today's regulatory changes... are clearly intended to circumvent the intent and spirit of U.S. law and the U.S. Congress," Menendez said in a statement issued after Obama announced that the United States will restore diplomatic...

  • TREASURIES-U.S. bond yields flat ahead of Fed statement Wednesday, 17 Dec 2014 | 10:31 AM ET

    NEW YORK, Dec 17- U.S. Fed Chair Janet Yellen will hold a press conference half hour later. "They have set up the path for a rate hike unless something really goes awry," said Robert Tipp, chief investment strategist at Prudential Fixed Income in Newark, New Jersey.

  • 102K signatures for man trying to save home Wednesday, 17 Dec 2014 | 9:55 AM ET

    Charlie Birnbaum's Change.org petition targets the Casino Reinvestment Development Authority's plan to take the house in the shadow of the closed Revel Casino hotel, which overlooks a large swath of vacant land. Superior Court Judge Julio Mendez ruled last month that the state agency can use eminent domain to seize the house. Robert McNamara, an attorney...

  • Eagle Pharmaceuticals reports 4Q loss Wednesday, 17 Dec 2014 | 7:48 AM ET

    WOODCLIFF LAKE, N.J. _ Eagle Pharmaceuticals Inc. on Wednesday reported a loss of $9.1 million, or 65 cents per share, in its fiscal fourth quarter. The company, based in Woodcliff Lake, New Jersey, posted revenue of $2.8 million in the period. This story was generated by Automated Insights using data from Zacks Investment Research.

  • New York panel recommends 3 upstate resort casinos Wednesday, 17 Dec 2014 | 2:00 AM ET

    The Gaming Facility Location Board chose sites in Sullivan, Schenectady and Seneca counties and decided not to recommend a fourth license amid an increasingly saturated gambling market where consumers have more options closer to home. Voters last year authorized up to four casinos in three upstate regions: the Albany- Saratoga area, the Southern...

  • Dec 16- On Deck Capital Inc, an online small-business lender, said its initial public offering was priced at $20 per share, above the expected range of $16- $18. The New York- based company, which offers loans of up to $250,000, counts First Round Capital, Google Ventures, Institutional Venture Partners, Tiger Global Private Investment Partner and SAP Ventures among...

  • FedEx truck crashes in Georgia, spills packages Tuesday, 16 Dec 2014 | 3:53 PM ET

    FORSYTH, Ga.— A FedEx truck crash along a Georgia interstate sent packages spilling all over the highway just nine days before Christmas. A FedEx truck also overturned in New Jersey on Monday, one of the company's busiest shipping days of the year. FedEx spokeswoman Connie Avery says customers with questions on their shipments should track their packages online,...

  • Dec 16- A former bond trader was sentenced to 2-1/ 2 years in prison Tuesday after admitting to manipulating prices of mortgage debt, causing a $9 million loss at a unit of Bank of New York Mellon Corp.. Prosecutors said Green entered fake CMO sales into the trading system of BNY Mellon's Pershing LLC clearing unit, which handled Crocker trades and related...

  • Clarification: Honeywell-Outlook story Tuesday, 16 Dec 2014 | 3:01 PM ET

    MORRIS TOWNSHIP, N.J.— In a story Dec. 15, The Associated Press reported that Honeywell International Inc. reduced its 2014 sales guidance. The story should have added that the company made a voluntary payment of $184 million to fund aerospace incentives. That was accounted for as a charge to revenue and therefore reduced Honeywell's prior forecast.

  • Raimondo picks nominee for new commerce secretary Tuesday, 16 Dec 2014 | 2:03 PM ET

    PROVIDENCE, R.I.— Gov.-elect Gina Raimondo announced Tuesday she will nominate Connecticut's education commissioner to be Rhode Island's first commerce secretary. Raimondo said Stefan Pryor has the experience and drive to help her lead the state's comeback, and she will ask the Senate to confirm him. Malloy said he has the "utmost confidence" that Pryor brings...

  • *Buyback, dividend hike, guidance lift Boeing, 3 M, CVS. NEW YORK, Dec 16- U.S. stocks rose in a volatile Tuesday session as energy shares rallied and investors bet the Federal Reserve will be cautious in removing support in the face of a more fragile global economy. "Perhaps markets think the Fed will not be as on-schedule on taking out that language," said Quincy Krosby,...

  • Artist's 'Angry Birds' lawsuit goes forward Tuesday, 16 Dec 2014 | 11:46 AM ET

    SEATTLE— A federal judge refused to dismiss a lawsuit by a Seattle artist who says she was cheated out of millions of dollars when the company that sold her line of plush pet toys called "Angry Birds" reached a deal with the Finnish company that makes the insanely popular video game of the same name. Juli Adams designed the "Angry Birds" toys in 2006 for The Hartz...

  • NEW YORK, Dec 16- U.S. stocks rose in a volatile Tuesday session as energy shares rallied, and on bets the Federal Reserve will be cautious in removing support in the face of a more fragile global economy. Adding to global concerns, data showed factory activity shrinking in China and euro zone business growth remaining weak. "Perhaps markets think the Fed will not be...

  • Black Captain America leading comic book diversity Tuesday, 16 Dec 2014 | 10:22 AM ET

    WASHINGTON— For decades, comic books have been in color, but now they are more and more reflecting the true hues of American society. Society has changed, so superheroes— at heart a reflection of life in the United States— have to as well, said Axel Alonso, editor in chief at Marvel Comics, who in November debuted Captain America No. 1 with Samuel Wilson, the first African...

  • Dec 16- Cyclacel Pharmaceuticals Inc said an independent committee had determined that its lead drug was unlikely to show a statistically significant improvement in the survival rates in some leukemia patients. The company's stock plunged nearly 69 percent to 89 cents in premarket trading on Tuesday. The Berkeley Heights, New Jersey- based company's stock...

  • FACTBOX-ADM's and Olam's cocoa businesses Tuesday, 16 Dec 2014 | 4:49 AM ET

    Dec 16- Olam International Ltd's $1.3 billion deal to buy Archer Daniels Midland Co's cocoa business will create one of the world's top cocoa bean processors and traders, rivalling Barry Callebaut AG and Cargill Inc.. The Chicago- based firm has eight cocoa bean processing facilities: Ontario, Canada; Koog aan de Zaan and Wormer, the Netherlands; Mannheim, Germany;...

  • Casino union defies deadline in Taj Mahal showdown Monday, 15 Dec 2014 | 5:26 PM ET

    ATLANTIC CITY, N.J.— A casino workers union in Atlantic City defied a company-imposed deadline Monday to withdraw its appeal of a court-ordered, cost-cutting package. Local 54 of the Unite-HERE union ignored the deadline imposed last week by Trump Entertainment Resorts to withdraw its appeal of a bankruptcy court order that terminated the union contract...