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WASHINGTON, July 24- A U.S. Senate panel will meet next Thursday to discuss results of a much anticipated government study that looked at whether the biggest banks can borrow at lower interest rates because investors think they would be bailed out in a crisis.
WASHINGTON— The risk of losing your job is getting smaller and smaller. As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers.
*$1 billion repurchase to be completed within three years. *Adjusted profit of $2.34 a share compares with $2.19 estimate. July 24- United Continental Holdings Inc reported a stronger-than-expected second-quarter profit aided by higher prices and said it plans to buy back $1 billion of stock, sending its shares up nearly 4 percent.
WASHINGTON— Applications for U.S. unemployment benefits plunged last week, a sign that the economy is building strength. The Labor Department said Thursday that applications for jobless aid fell 19,000 to a seasonally adjusted 284,000. The fewest people sought benefits since February 2006, almost two years before the start of the Great Recession.
COLUMBUS, Ohio— The Ohio Bureau of Workers Compensation will pay out $420 million to state employers that were overcharged for insurance premiums under a settlement approved Thursday by a judge. Cuyahoga County Judge Richard McMonagle said the settlement he approved "is good for the workers."
July 24- Hikma Pharmaceuticals Plc. *Agreed with Ben Venue Laboratories, Inc., part of Boehringer Ingelheim Group of companies, to acquire their generic injectables manufacturing site in Bedford, Ohio. *No incremental consideration is payable in relation to Hikma acquiring Ben Venue manufacturing site.
WASHINGTON— After spending nearly $300 million on a new computer system to handle disability claims, the Social Security Administration still can't get it to work. Six years ago, Social Security embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims.
WASHINGTON— Six years ago the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims. In 2008, Social Security said the project was about two to three years from completion.
WASHINGTON, July 23- U.S. regulators and 15 states announced a wave of lawsuits on Wednesday against law firms and mortgage assistance companies they said have scammed borrowers since at least 2011 by falsely promising home loan modifications and other foreclosure relief.
The public-private partnership includes companies, the University of Michigan, Ohio State University and research institutions. The institute will contribute to economic development in Michigan, Ohio, Indiana, Tennessee and Kentucky over the next five years, according to officials.
WASHINGTON— The chairman of the Senate Veterans' Affairs Committee said Wednesday there is still time for Congress to approve a landmark bill to improve health care services for veterans, despite deep disagreement over how much the changes will cost and how they should be paid for.
COLUMBUS, Ohio— Ohio Attorney General Mike DeWine's rival in the fall election said Tuesday that federal authorities should investigate DeWine's handling of lucrative collections contracts in the wake of a newspaper investigation.
WASHINGTON— The American Gaming Association says Ohio's commercial casinos and racinos employed more than 7,000 workers who received a total of $225 million in wages benefits and tips last year. The Washington- based trade association says the four casinos and four racinos operating in Ohio in 2013 generated $351 million in tax revenue.
July 22- Health insurer Centene Corp reported a 24 percent jump in quarterly profit, beating market estimates for the sixth straight quarter, as the company's premium and services revenue surged after it expanded in Florida, Ohio and California.
NEW YORK— Clothing and accessories chain Express Inc. said Monday that Michael Weiss will retire as CEO on Jan. 30. David Kornberg, the Columbus, Ohio, company's president, will replace Weiss. Weiss was the CEO of Express from 1997 to 2004, and he returned to the company in July 2007.
The Sierra Club and several other groups are challenging the May ruling by the Michigan Department of Environmental Quality, which changed the permit for a Dearborn plant owned by Severstal. Severstal was awarded an air permit in 2006 to increase production and to install a new blast furnace and additional air pollution control equipment.
NEW YORK, July 21- Major global stock markets declined and bond prices rallied on Monday as worries over the Gaza Strip and Ukraine overshadowed optimism over corporate earnings.
NEW YORK— Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Steel Dynamics Inc. said Monday that it will pay about $1.63 billion for Severstal Columbus, which is located in northeast Mississippi.
COLUMBUS, Ohio— Ohio gas prices are up slightly to start the work week but remain below the national average. The average price for a gallon of regular gas was $3.49 in Monday's survey from auto club AAA, the Oil Price Information Service and WEX Inc. That's 2 cents more than a week ago— and 28 cents lower than a month ago in Ohio.
CINCINNATI— Efforts to reach a plea deal stalled Monday in the case of Greenpeace activists who staged an eye-catching protest at Procter& Gamble's headquarters in Cincinnati.