A fourth Atlantic City casino is going out of business.» Read More
NEW YORK, Sept 15- Brent crude fell below $97 per barrel on Monday to its lowest in more than two years as lackluster economic data from China damped prospects for oil demand at a time of abundant supply, while expectations the Federal Reserve will provide new details this week about its plans to raise interest rates lifted the dollar.
LOS ANGELES— Queen Latifah is making changes in her daytime talk show for its second season. Her first year with "The Queen Latifah Show," which returns this week in syndication, provided a lesson in what worked and what didn't. Reese Witherspoon, Toni Braxton, Goldie Hawn, Kristen Bell and Snoop Dogg are among those appearing in week one.
Brent crude oil fell to its lowest in more than two years, below $97 per barrel, weighed by a strong U.S. dollar and data showing China's factory output grew at the weakest pace in nearly six years in August.
JACKSON TOWNSHIP, N.J.— A power outage at a New Jersey amusement park left some patrons briefly stuck on rides, but no injuries were reported. Officials say a faulty transformer caused Sunday's outage at Six Flags Great Adventure in Jackson Township.
TEANECK, N.J.— Cognizant will buy the health care software company TriZetto for $2.7 billion in cash. Privately held TriZetto Corp. is based in Englewood, Colorado. Shares of Cognizant Technology Solutions Corp. rose $1.33, or 3 percent, to $46.09 in premarket trading.
JERSEY CITY, N.J.— A who's who of current and former New Jersey elected officials along with House Minority Leader Nancy Pelosi officially opened a new prisoner re-entry center on Monday. Chris Christies and former Govs.
INDIANAPOLIS— Rising income inequality in the U.S. appears to be slowing tax revenue growth in Indiana and other states, according to a new report by the credit rating agency Standard& Poor's.
WASHINGTON— Income inequality is taking a toll on state governments. "Rising income inequality is not just a social issue," said Gabriel Petek, the S&P credit analyst who wrote the report. Stagnant pay for most people has compounded the pressure on states to preserve funding for education, highways and social programs such as Medicaid.
WASHINGTON— Potential complications await consumers as President Barack Obama's health care law approaches its second open enrollment season, just two months away. Don't expect a repeat of last year's website meltdown, but the new sign-up period could expose underlying problems with the law itself that are less easily fixed than a computer system.
ATLANTIC CITY, N.J.— The proposed auction date for the Revel Casino Hotel is too soon and a $3 million breakup fee that would go to a Florida developer if he's outbid for the recently shuttered site is inappropriate, a U.S. Bankruptcy Court trustee said.
NEW YORK, Sept 12- The recent wobbly stretch in both stocks and bonds may persist for the short term if the U.S. "If investors feel the Fed is becoming more hawkish, that's actually a negative for all asset classes with the exception of the dollar," said Chris Gaffney, senior market strategist at EverBank Wealth Management in St. Louis, Missouri.
Goldman Sachs and Credit Suisse are the lead underwriters for the IPO, the New Jersey- based company said in a filing with the U.S. Securities and Exchange Commission on Friday. Freshpet's filing listed private equity firm MidOcean Partners LP and Tyson Foods Inc, the largest U.S. meat processor, as investors.
Sept 12- Pfizer Inc and India's Ranbaxy Laboratories Ltd on Friday won dismissal of an antitrust lawsuit accusing them of conspiring to delay sales of generic versions of the cholesterol drug Lipitor, the best-selling drug in history.
*Gold hits lowest since Jan. 10, below $1,230/ oz. NEW YORK/ LONDON, Sept 12- Gold slumped to an eight-month low on Friday, dropping 1 percent as a lack of physical and investment demand and widespread commodities losses weighed on bullion. Gold's losses also pressured silver and platinum group metals, with platinum hitting a 2014 low earlier in the session.
ATLANTIC CITY, N.J.— Atlantic City's casino revenue declined by 1.2 percent in August compared with a year ago as another gambling hall shut down at the end of the month. Figures released by the New Jersey Division of Gaming Enforcement began to show the impact Atlantic City's casino consolidation is having on the market's revenue stream.
WASHINGTON— The federal government says Bayer is making unsupported claims in advertisements for its dietary supplement designed to help with digestion, in violation of a federal court order.
NEW YORK, Sept 12- U.S. stocks were lower in afternoon trading on Friday, with energy shares extending recent losses after the Treasury department announced new sanctions against Russia. Exxon Mobil Corp was down 1.1 percent and ConocoPhillips was down 1.2 percent.
Trump Entertainment Resorts told The Associated Press it filed the notices earlier this week, saying it could close Nov. 13. Local 54 of the Unite-HERE union says Trump Entertainment wants Taj Mahal workers to give up their health insurance and pension plans in return for keeping the company open.
NEW YORK, Sept 12- U.S. stocks were lower at midday on Friday, with energy shares extending recent losses after the Treasury department announced new sanctions against Russia. Exxon Mobil Corp and ConocoPhillips each lost 1 percent.
WASHINGTON, Sept 12- Wall Street executives may have personally escaped the wrath of the U.S. Department of Justice but executives at companies accused of foreign bribery schemes may not be so lucky.