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  • NC tax breaks OK'd for 250 IT jobs in Charlotte Tuesday, 22 Jul 2014 | 12:18 PM ET

    RALEIGH, N.C.— An information technology consulting company plans to create 250 jobs in Charlotte within five years as it hopes to serve the city's big banks.

  • United cited for workplace violations at Newark Tuesday, 22 Jul 2014 | 12:11 PM ET

    NEWARK, N.J.— Federal officials say United Airlines repeatedly put workers at Newark Liberty International Airport in danger of being injured by falls or by falling objects and other workplace hazards. OSHA said some of the citations are for repeat violations that were first cited in 2011..

  • US STOCKS-Wall Street up on data, mixed earnings Tuesday, 22 Jul 2014 | 11:14 AM ET

    *EU threatens Russia with more sanctions, but words ring hollow. NEW YORK, July 22- U.S. stocks rose on Tuesday as inflation data was seen keeping the Federal Reserve in an equities-friendly tone, while hopes rose for an easing of tensions in Ukraine.

  • CIT Group buying OneWest Bank in $3.4B deal Tuesday, 22 Jul 2014 | 6:51 AM ET

    NEW YORK— CIT Group will buy privately owned OneWest Bank in a $3.4 billion cash-and-stock deal. IMB shareholders will receive $2 billion in cash and 31.3 million CIT Group shares that are currently valued at $1.4 billion. OneWest will merge with CIT Group's banking subsidiary CIT Bank, and all locations will operate under the CIT Bank sign.

  • NEW YORK, July 21- Major global stock markets fell and bond prices rallied on Monday as worries over conflict in the Gaza Strip and Ukraine raised uncertainty for investors and kept them away from riskier assets.

  • NEW YORK, July 21- U.S. stocks fell on Monday, following the sharpest moves in indexes in the past three months during the two previous sessions, as developments in Ukraine and Gaza continue to garner investor focus.

  • *EMC jumps on report of activist investor stake. NEW YORK, July 21- U.S. stocks fell on Monday, following the sharpest moves in indexes in the past three months during the two previous sessions, as developments in Ukraine and the Gaza Strip continue to garner investor focus.

  • Subprime woes are back: This time in used cars Sunday, 20 Jul 2014 | 12:00 AM ET
    Used cars are displayed on a sales lot in San Rafael, California.

    Millions of Americans with shoddy credit records are obtaining used car loans, resembling the subprime mortgage mess, The NYT found.

  • US states with higher minimum wages gain more jobs Saturday, 19 Jul 2014 | 3:01 AM ET

    A Congressional Budget Office report earlier this year lent some support for that view. It found that a minimum wage of $10.10 an hour, as President Obama supports, could cost 500,000 jobs nationwide.

  • Ranking US states by job creation in past 5 years Friday, 18 Jul 2014 | 11:06 AM ET

    WASHINGTON— Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. North Dakota, benefiting from an oil and gas drilling boom, has created nearly 98,000 jobs over the past five years, a 27 percent increase-- by far the best in the country.

  • AP NewsBreak: Obama opens East Coast to oil search Friday, 18 Jul 2014 | 10:09 AM ET

    The U.S. Bureau of Ocean Energy Management disclosed its final approval first to The Associated Press ahead of an announcement later Friday. The approval opens the outer continental shelf from Delaware to Florida to exploration by energy companies preparing to apply for drilling leases in 2018, when current congressional limits are set to expire.

  • July 18- Catalent Inc, controlled by Blackstone Group LP, said it expects its initial public offering to be priced between $19 and $22 per share, valuing the company at about $2.57 billion at the top end. The company's major customers include Pfizer Inc, Johnson& Johnson, GlaxoSmithKline Plc, Merck& Co Inc and Novartis AG.

  • NEW YORK, July 17- The U.S. Securities and Exchange Commission has been seeking information on 10 registered broker dealers as part of an ongoing investigation into high-frequency trading strategies, according to an internal SEC document reviewed by Reuters.

  • Hard Rock Hotel & Casino to open at Lake Tahoe Thursday, 17 Jul 2014 | 3:04 PM ET

    RENO, Nev.— The managers of the Hard Rock Hotel& Casino in Las Vegas have announced plans to open one at Lake Tahoe this winter after a $60 million renovation of the former Horizon Casino Resort at Stateline.

  • Feds propose offshore windmill leases in NJ Thursday, 17 Jul 2014 | 1:15 PM ET

    ATLANTIC CITY, N.J.— The federal government is proposing leases for windmill power projects off the New Jersey coast. The federal Department of the Interior and the Bureau of Ocean Management on Thursday proposed sale of leases for nearly 344,000 acres offshore New Jersey for commercial wind energy projects.

  • Unemployment dips to 6.6 percent in New Jersey Thursday, 17 Jul 2014 | 12:02 PM ET

    TRENTON, N.J.— Officials say New Jersey's unemployment rate inched down to 6.6 percent in June, its lowest level in more than five years. The report released Thursday by the state Labor Department and based on data collected by the U.S. Bureau of Labor Statistics shows the unemployment rate down 0.2 percentage points in June.

  • Exelon nuke plant in NJ restarted after repairs Thursday, 17 Jul 2014 | 11:13 AM ET

    Exelon Corp.' s Oyster Creek plant in Lacey Township, New Jersey resumed full operations on Thursday. Oyster Creek generates enough electricity to power roughly all the homes in Monmouth and Ocean counties combined. Oyster Creek is due to shut down by the end of 2019. It went online in 1969..

  • Factory growth fastest in 3 years in Philly region Thursday, 17 Jul 2014 | 10:25 AM ET

    WASHINGTON— Manufacturing in the Philadelphia region surged in July, expanding at its fastest pace in more than three years, as new orders, shipments, and hiring all rose. The Federal Reserve Bank of Philadelphia said Thursday that its index of regional factory activity rose to 23.9 in July from 17.8 in June.

  • How states fared on unemployment benefit claims Thursday, 17 Jul 2014 | 9:30 AM ET

    The Labor Department says weekly applications for unemployment aid fell 3,000 to a seasonally adjusted 302,000. The less volatile four-week average has slipped to 309,000, the lowest reading since June 2007, about five months before the Great Recession began. California: Down 4,008, due to fewer layoffs in the service industry.

  • WASHINGTON, July 17- Foreclosure activity in the United States dropped last month to the lowest level since July 2006, before the housing bubble burst, and likely will continue to drop through the first half of next year, an industry group said on Thursday.