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  • Mixed reaction as Vermont Yankee plant shuts down Sunday, 28 Dec 2014 | 1:10 PM ET

    VERNON, Vt.— Ellen Merkel says she gets "a little teary-eyed" when she thinks about the Vermont Yankee nuclear plant sending its last electrons to the regional power grid. Those were among the reactions in the three-state region of Vermont, New Hampshire and Massachusetts as the plant finishes powering down and prepares to disconnect from the grid, most likely...

  • BP appeals rejection of removing spill claims head Wednesday, 24 Dec 2014 | 1:42 PM ET

    NEW ORLEANS— BP PLC is asking the federal appeals court in New Orleans to kick out the administrator of damage settlement claims from its 2010 oil spill. A 75- page brief submitted Tuesday to the 5th U.S. Circuit Court of Appeals contends, among other things, that Patrick Juneau had secretly drafted court papers filed against BP before he was appointed claims...

  • Caesars Entertainment to buy affiliate Monday, 22 Dec 2014 | 8:13 AM ET

    LAS VEGAS— Caesars Entertainment Corporation says it will buy an affiliate as it tries to smooth the reorganization of a struggling division and balance its debt load. The Las Vegas casino giant says the merger with Caesars Acquisition Company will give it $1.7 billion in cash it needs to guarantee loans in a proposed bankruptcy deal it's pitched to creditors...

  • Correction: Cuba-Travel story Thursday, 18 Dec 2014 | 3:18 PM ET

    NEW YORK— NEW YORK— In a story Dec. 17 about travel to Cuba, The Associated Press reported erroneously the number of Americans who were authorized to travel to Cuba last year. US travel industry carefully eyeing Cuba tourism. NEW YORK— Cuba was once a haven for sun-seeking American tourists.

  • Video game developer to open studio in New Orleans Wednesday, 17 Dec 2014 | 5:14 PM ET

    NEW ORLEANS— Enticed to Louisiana by the state's generous tax incentives, a video game developer plans on opening a studio in New Orleans that will employ 80 people. Kerry Ganofsky, the company's CEO, said Wednesday that Louisiana's tax incentives were fundamental in the decision to open a studio in New Orleans. Bobby Jindal, who was on hand for the announcement,...

  • The United States' commercial ties with Cuba were broken 54 years ago after Fidel Castro took over. Now U.S.- Cuba trade is poised to resume: President Barack Obama on Wednesday announced plans to re-establish diplomat relations with Havana, and economic ties are expected to follow. Gary Hufbauer and Barbara Kotschwar of the Peterson Institute for...

  • US travel industry carefully eyeing Cuba tourism Wednesday, 17 Dec 2014 | 12:11 PM ET

    NEW YORK— Cuba was once a haven for sun-seeking American tourists. President Barack Obama's announcement Wednesday of plans to re-establish diplomatic ties with Cuba doesn't suddenly lift the ban on U.S. tourism. "Cuba is the largest country in the Caribbean, so there's some exciting possibilities," said Roger Frizzell, spokesman for Carnival Corp. He said "some...

  • The backlog to remove aluminium from Detroit, the most acutely impacted location, shrank by 30 days to 641 days, while the wait to remove other metals stuck behind the wall of aluminium fell from 111 to 93 days. A "flash" queue to load out zinc at New Orleans, meanwhile, almost disappeared in November, dwindling to just 10 days from 71 days at the end of September.

  • NEW YORK, Dec 12- "Will they or won't they?" Client notes from Goldman Sachs, Citi and Bank of America/Merrill Lynch this week deal with expectations for the removal of the wording, roughly agreeing that however close the call is, it is more likely than not that the phrase will go away. "They are going to remove it; I don't think is going to keep it in there just because of what...

  • US STOCKS-Wall St declines as oil tumbles further Friday, 12 Dec 2014 | 10:17 AM ET

    *WTI crude falls below $59 a barrel. NEW YORK, Dec 12- U.S. stocks dipped on Friday, putting the benchmark S&P 500 on track to snap seven weeks of gains, after oil prices slumped further. "It's all about the pendulum swing, it works both ways, you can see that $107 in the summertime was ridiculous and now you will see it in the opposite direction, probably towards the $50 range...

  • *Adobe up in premarket after results; to buy Fotolia. NEW YORK, Dec 12- U.S. stocks were set for a lower open on Friday, putting the benchmark S&P 500 on track to snap seven straight weeks of gains, after oil prices fell and Chinese data disappointed. "It's all about the pendulum swing, it works both ways, you can see that $107 in the summertime was ridiculous and now you will...

  • CHICAGO, Dec 10- Chicago opened a new front in the war on ridesharing services like Uber on Wednesday, approving a plan to sponsor an app for riders to hail local cabs. A union that has expanded into cab drivers and organized Chicago this year pushed hard for the package, which had the support of Mayor Rahm Emanuel. Uber declined to comment directly on the Chicago...

  • Dec 5- A federal judge has thrown out a whistleblower lawsuit by a former official of a unit of advertising company WPP Plc who claimed he was fired in retaliation for reporting accounting irregularities to his superiors. District Judge Gregory Woods in Manhattan said Daniel Berman, who was a finance director at WPP's NeozOgilvy LLC unit, did not qualify for...

  • Nov 13- A U.S. judge weighing how much BP Plc should be punished for the 2010 Gulf of Mexico oil spill on Thursday refused to overturn his own finding that the oil company's conduct was "grossly negligent." District Judge Carl Barbier in New Orleans means BP could still face close to $18 billion of penalties for violating the federal Clean Water Act.

  • Nov 5- CBS Corp, owner of the most-watched U.S. television network, reported a marginally better-than-expected quarterly profit and revenue, driven by higher distribution revenue from licensing its television shows. CBS, the home of shows such as "Madam Secretary," "Scorpion," and "NCIS: New Orleans," said advertising revenue grew nearly 2 percent to $1.55 billion in...

  • Oct 22- With the closest known U.S. cases of Ebola diagnosed about 160 miles away in Dallas, Cary Griffin is taking no chances. For many, the three cases of Ebola diagnosed in the United States so far since late September represent a new potential disaster and a reason to run to the store. Chad Huddleston, an anthropologist at the University of Southern Illinois at...

  • Britain's Court of Appeal last week overturned a previous High Court ruling that the LME's consultation on linking load-in and load-out rates at log-jammed warehouses was unlawful. This, however, looks little more than defiant posturing, given that the Court of Appeal expressly denied it the right of further appeal. Just a shame then that the two aluminium...

  • DALLAS/ NEW YORK, Oct 6- The fifth American to contract Ebola in West Africa arrived in the United States for treatment on Monday as the first patient diagnosed with the deadly virus on U.S. soil fought for his life at a Dallas hospital, officials said. A private plane carrying Ashoka Mukpo, a freelance cameraman for NBC News who contracted Ebola in Liberia, landed in...

  • DALLAS/ NEW YORK, Oct 6- The first person diagnosed with Ebola in the United States was fighting for his life at a Dallas hospital and appeared to be receiving none of the experimental medicines for the virus, a top U.S. health official said. Thomas Eric Duncan became ill after arriving in Texas from Liberia two weeks ago, heightening concerns that the worst Ebola...

  • DALLAS/ NEW YORK, Oct 5- The first person diagnosed with Ebola in the United States was fighting for his life at a Dallas hospital on Sunday and appeared not to be receiving any of the experimental medicines for the virus, a top U.S. medical official said. Thomas Eric Duncan became ill after arriving in the Texas city from Liberia two weeks ago, heightening concerns...