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  • O'Keeffe painting sells for record $44.4M in NYC Thursday, 20 Nov 2014 | 11:25 AM ET

    Sotheby's New York says the 1932 painting, " Jimson Weed/ White Flower No. 1," sold Thursday during the auction house's sale of American art. That was the price for Joan Mitchell's "Untitled" at Christie's New York in May. The previous auction record for an O'Keeffe work was $6.2 million, set at Christie's New York in 2001..

  • Immigrants wait, hope, plan for Obama order Thursday, 20 Nov 2014 | 3:40 AM ET

    SANTA ANA, Calif.— Immigrants in the country illegally already are flooding attorneys' offices with calls to see if they can qualify under President Barack Obama's yet-to-be-announced plan to shield as many as 5 million immigrants from deportation. Alex Galvez, an immigration lawyer in Los Angeles, said he's going to need to add phone lines to keep up with the...

  • Project to show Native American link to Route 66 Wednesday, 19 Nov 2014 | 10:58 AM ET

    ALBUQUERQUE, N.M.— Greasy diners, big-finned Cadillacs, mom-and-pop souvenir shops, dusty trading posts and the promise of the West were undoubtedly part of the recipe that made historic Route 66— America's Mother Road— famous. Tribes are now teaming up with a tourism group and the National Park Service to tell a new story for Route 66 travelers, one that aims to...

  • Wind firm sues to block release of bird-death data Monday, 17 Nov 2014 | 11:55 AM ET

    Pacificorp of Portland, Oregon, is seeking an injunction in U.S. District Court in Utah to prevent the Interior Department from releasing information it considers confidential. The Obama administration has said it planned to turn over the material to The Associated Press, which sought it from the Interior Department in March 2013 under the U.S.

  • US rig count up 3 to 1,928 Friday, 14 Nov 2014 | 3:58 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by three this week to 1,928.. Alaska, California, Louisiana, Utah, West Virginia and Wyoming each gained one. Texas declined by four, Pennsylvania was down three and Kansas and Oklahoma dropped one apiece.

  • Canadian crude imports likely to keep falling -NEB Thursday, 13 Nov 2014 | 4:44 PM ET

    Canada has the world's third-largest crude reserves behind Saudi Arabia and Venezuela, most of which are located in the oil sands in northern Alberta. The closure of Shell Canada's Montreal East refinery in Quebec, and Imperial Oil Ltd's refinery in Dartmouth, Nova Scotia, has also reduced demand for imported crude. NEB data showed that the U.S. shale boom has...

  • CHICAGO, Nov 13- Farmland values in the central U.S. Plains held mostly steady in the July-September quarter compared to a year ago, with land prices and loan demand generally tracking commodity price trends, the Federal Reserve Bank of Kansas City said on Thursday. The bank's district includes Kansas, Nebraska, Oklahoma, western Missouri, eastern Colorado and...

  • Marijuana patient sues after firm won't hire her Wednesday, 12 Nov 2014 | 1:50 PM ET

    Christine Callaghan, who is studying textiles at the University of Rhode Island, sued Westerly-based Darlington Fabrics Corp. and its parent, the Moore Company, on Wednesday. The Rhode Island chapter of the American Civil Liberties Union, which is representing Callaghan, said it believes it's the first lawsuit of its kind in the state. Patients who have been...

  • Report: Major federal lab misused contract funds Wednesday, 12 Nov 2014 | 12:42 PM ET

    ALBUQUERQUE, N.M.— Managers at one of the nation's premier federal laboratories improperly used taxpayer funds to influence members of Congress and other officials as part of an effort to extend the lab's $2.4 billion management contract, the U.S. Department of Energy's Office of Inspector General said in a report Wednesday. That plan called for lobbying...

  • Spaceship pilot unaware co-pilot unlocked brake Wednesday, 12 Nov 2014 | 11:44 AM ET

    LOS ANGELES— The pilot of the Virgin Galactic spaceship that tore apart over the Mojave Desert didn't know his co-pilot had prematurely unlocked its brakes, though protocol for the test flight required the co-pilot to announce the step, federal investigators said Wednesday. Pilot Peter Siebold told the National Transportation Safety Board that he was not...

  • PNM installs panels at Meadow Lake solar center Monday, 10 Nov 2014 | 5:01 AM ET

    ALBUQUERQUE, N.M.— New Mexico's largest electric provider says work on its newest solar-powered generating station is expected to be done by the end of the year. PNM officials say solar panels are now being installed at the Meadow Lake Solar Energy Center in Valencia County. The other two are located in Sandoval and Cibola counties.

  • AP IMPACT: US agencies struggle vs. cyberattacks Monday, 10 Nov 2014 | 12:01 AM ET

    A $10 billion- a-year effort to protect sensitive government data, from military secrets to Social Security numbers, is struggling to keep pace with an increasing number of cyberattacks and is unwittingly being undermined by federal employees and contractors. Workers scattered across more than a dozen agencies, from the Defense and Education departments...

  • Nov 1- Voters in several U.S. states will decide the fate of $44.7 billion in borrowing and other budget measures on Tuesday, with investors in the $3.7 trillion municipal bond market focused mainly on large offerings in California and New York. "Just two states, California and New York, are presenting voters with meaningful bond measures for approval," Peter Hayes,...

  • MOJAVE, Calif., Oct 31- A suborbital passenger spaceship being developed by Richard Branson's Virgin Galactic company crashed during a test flight on Friday near the Mojave Air and Space Port in California, killing one pilot and seriously injuring the other, officials said. The crash of the vehicle, undergoing its first powered test flight since January over the...

  • *China Q3 growth slowest since 2009 but less weak vs forecast. Treasuries prices fell on Tuesday as less worrisome data on China and a report on the European Central Bank possibly moving to buy regional corporate bonds allayed some concerns about the global economy and reduced safe-haven bids for low-risk government debt. The ECB story catapulted us down from...

  • Oct 6- Inflation measures remain relatively stable, but the Federal Reserve needs to move to raise interest rates if price pressures increase quickly, a top Fed official said on Monday. "I don't think inflation is a risk today," said Kansas City Federal Reserve Bank President Esther George in response to a question after delivering a speech in Albuquerque, New...

  • HOUSTON, Oct 2- Occidental Petroleum Corp said on Thursday its board of directors has approved the spin-off of its California oil and natural gas business to its shareholders. Occidental, which has been moving its headquarters from Los Angeles to Houston, said about 80 percent of the outstanding shares of California Resources Corp will be distributed to its...

  • Oct 2- As bond traders began what they thought would be a quiet day last Friday, a simple headline crossed their screens: " William H. Gross joins Janus Capital." Several asset managers and traders wondered whether the news was about Pimco's co-founder, known to most on Wall Street simply as Bill Gross, or someone else with the same name. Clients immediately started...

  • The accord, resolving claims that date back as far as 50 years and marking the biggest U.S. legal settlement with a single tribe, will be formally signed at a ceremony on Friday in Window Rock, Arizona, the capital of the sprawling Navajo reservation.

  • Calpers exit could heap pressure on hedge fund fees Tuesday, 16 Sep 2014 | 5:07 PM ET

    BOSTON, Sept 16- The California Public Employees Retirement System handed fellow U.S. pension funds a hefty club to beat down hedge fund fees and demand better returns this week when it voted to pull out of hedge funds entirely, investors said.