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  • 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...

  • 14 cities get Bloomberg 'innovation team' grants Monday, 15 Dec 2014 | 9:01 AM ET

    NEW YORK— Fourteen cities ranging from Long Beach, California, to Jerusalem are getting up to $3 million from former New York City Mayor Michael Bloomberg's foundation to create "innovation teams" to jump-start new approaches to poverty, public safety, job growth and other issues, the foundation announced Monday. Winners range in size from Centennial, Colorado,...

  • 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.

  • Google researching use of color in business Monday, 15 Dec 2014 | 5:20 AM ET

    NEW ORLEANS— Google is one of the major U.S. corporations researching the power of color in the working world, in everything from workspaces to marketing and branding. Meghan Casserly, spokeswoman for the U.S.-based organization built around the popular search engine, says Google is still early in its research but has already found "a clear link between color...

  • 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...

  • NY court says nuke plant exempt from state program Friday, 12 Dec 2014 | 3:10 PM ET

    The Appellate Division panel said Entergy's two nuclear generators and their environmental reviews predated the 1982 statute authorizing the New York Department of State to examine consistency with coastal protections. "There is no dispute that Indian Point 2 and Indian Point 3, which lie on the banks of the Hudson River, have an impact upon a coastal area...

  • 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...

  • Mississippi regulators OK small Entergy rate increase Thursday, 11 Dec 2014 | 11:29 AM ET

    JACKSON, Miss.— Entergy Corp. will get a $16.2 million overall rate increase but many customers will see little or no difference in their monthly bills under a new rate plan approved Thursday by the Mississippi Public Service Commission. It's the first top-to-bottom re-examination of Entergy's rates in more than 12 years. Under the deal, the unit of New Orleans-...

  • 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...

  • High court rejects BP appeal of spill settlement Monday, 8 Dec 2014 | 9:38 AM ET

    NEW ORLEANS— The Supreme Court is leaving in place BP's multibillion-dollar settlement with lawyers for businesses and residents over the 2010 oil spill in the Gulf of Mexico. The court's decision makes the economic and property damage settlement final, starting a six-month deadline for filing claims, said plaintiffs' attorney Joe Rice of Mount Pleasant,...

  • 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...