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  • NEW ORLEANS— An attorney says last week's $3.2 million payment for Chinese drywall damages to seven houses is a good sign for thousands of others in at least six states. Plaintiffs' attorney Russ Herman says it seems now to be a matter of proving damages for up to 4,000 other people who sued Taishan Gypsum Co. Ltd.. Herman says he expects Judge Eldon Fallon soon to...

  • DENVER— Congress should cancel all VA employee bonuses and use the money to finish the budget-busting Denver veterans hospital, Colorado Rep. Coffman and other lawmakers are angry that the Department of Veterans Affairs awarded thousands of dollars in bonuses to its top construction official, Glenn Haggstrom, even though hospitals in Denver, Las Vegas, New...

  • NEW YORK— The FCC says the first lawsuits filed against the government's new Internet traffic rules are "premature" and may be dismissed because they were filed too early. The Federal Communications Commission's new rules on broadband service are meant to uphold "net neutrality," and so prohibit providers such as Comcast and Verizon from slowing or blocking Web...

  • MIDDLEBURY, Vt.— A 2012 tip led investigators to look into whether millionaire real estate heir Robert Durst played a role in the 1971 disappearance and presumed death of a Middlebury College freshman, police said Tuesday. The tip was not connected with the producers of the HBO show "The Jinx," which focuses on the life of Durst, who's facing murder charges in the 2000...

  • Broadband industry trade group USTelecom filed a lawsuit against the FCC in the U.S. Court of Appeals for the District of Columbia, which has in the past twice rejected the FCC's net neutrality regulations. Texas- based Internet provider Alamo Broadband Inc challenged the FCC's new rules in the U.S. Court of Appeals for the Fifth Circuit in New Orleans, making a...

  • March 23- The U.S. shale oil industry may have forever abandoned its heavy-spending ways in the face of sliding crude prices, Schlumberger Ltd, the world's No.1 oilfield services provider, said on Monday. Spending cuts already announced by producers- to the tune of 25 to 60 percent- have dropped the rig count by 45 percent since late 2014, and output will soon...

  • March 20- Wal-Mart Stores Inc shareholders will vote in June at the company's annual meeting on electing an independent board chairman, after U.S. regulators rejected a request by the retailer to block the proposal. Wal-Mart had argued that the proposal, submitted by the International Brotherhood of Teamsters General Fund, should be omitted because it was...

  • The Securities and Exchange Commission rejected a request by Wal-Mart to prevent the proposal from being voted on by shareholders, according to an SEC letter delivered to the fund sponsoring the proposal on Friday.

  • Feds: Oil leasing in Gulf slows due to oil price drop Wednesday, 18 Mar 2015 | 10:23 AM ET

    NEW ORLEANS— The level of interest in new oil and gas exploration in the Gulf of Mexico is slowing due to the low price of oil, but federal regulators said they remain optimistic about the future of offshore drilling. Only 195 bids were placed Wednesday for leases in an area comprising 41 million acres in the central parts of the Gulf of Mexico off the coasts of...

  • LONDON, March 17- Whatever happened to zinc? The London Metal Exchange price for three-month delivery has, however, been falling steadily since the heady days of last September when it was trading above $2,400 per tonne. Of course zinc has been buffeted by the same headwinds as the other LME-traded base metals, namely dollar strength and uncertainty about the...

  • March 16- McDonald's Corp restaurant workers from 19 U.S. cities complained to regulators on Monday that their working conditions are hazardous and have led to severe burns from hot grills and fryer oil. McDonald's workers, who already have claimed that they have been subjected to wage theft, racial discrimination and retaliation for attempting to unionize,...

  • March 16- McDonald's restaurant workers from 19 U.S. cities said on Monday they have filed 28 health and safety complaints with federal and state regulators, alleging hazardous working conditions that led to severe burns from hot grills and fryer oil. McDonald's workers, who have also claimed they have been subjected to wage theft, racial discrimination and...

  • March 12- A U.S. bankruptcy judge on Thursday ordered an independent examiner to investigate transactions by the operating unit of Caesars Entertainment Corp, which filed for Chapter 11 this year. Creditors have alleged that the operating unit is unable to pay its debts because the parent company looted it for the benefit of its controlling private equity...

  • March 11- A federal appeals court upheld a district judge's decision to drop manslaughter charges against two former BP Plc well site managers over their roles in the 2010 Gulf of Mexico oil drilling disaster that killed 11 people. Robert Kaluza and Donald Vidrine were the two highest-ranking supervisors on board the Deepwater Horizon rig when disaster...

  • While commonly used already by the Justice Department, non-prosecution agreements in the future could include drafts of charging documents that could be filed in court if a violation of the deal occurs, Caldwell said. Caldwell's comments come amid continued questions over whether the Justice Department overuses deferred prosecution agreements to...

  • NEW YORK, Feb 27- U.S. "Gold's just not in vogue right now and the average investor is trying to chase the stock market," said David Beahm, executive vice president for Blanchard& Co, a large precious metals retailer in New Orleans. Meanwhile, the spot gold market has been rangebound between $1,130- $1,392 per ounce for the past year.

  • Viking boats to cruise Mississippi River Wednesday, 25 Feb 2015 | 5:22 PM ET

    NEW ORLEANS, Feb 25- Viking Cruises Ltd will establish its first North American beachhead, a homeport in New Orleans, and will offer cruises up the Mississippi River starting in 2017, the company and Louisiana officials announced. The company- whose boats ply the rivers of Europe, Russia, China, Southeast Asia and Egypt- will begin cruising the Mississippi with two...

  • NEW ORLEANS, Feb 23- BP Plc on Monday appealed a federal judge's finding of the size of the 2010 Gulf of Mexico oil spill, which leaves the company potentially liable to pay $13.7 billion in fines. District Judge Carl Barbier in New Orleans ruled that 3.19 million barrels of oil had spilled into the Gulf as a result of the disaster. That decision could result in a $13.7...

  • Feb 19- A U.S. judge on Thursday rejected BP Plc's attempt to reduce the maximum civil fine it could face for its role in the 2010 Gulf of Mexico oil spill, leaving it potentially liable to pay $13.7 billion under the federal Clean Water Act. District Judge Carl Barbier in New Orleans agreed with the federal government that the maximum civil penalty that BP could...

  • NEW YORK, Feb 17- President Barack Obama's administration faces a difficult and possibly lengthy legal battle to overturn a Texas court ruling that blocked his landmark immigration overhaul, since the judge based his decision on an obscure and unsettled area of administrative law, lawyers said. The failure to do so, Hanen wrote, was a violation of the 1946...