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  • US oil and natural gas rig count drops by 34 to 954 Friday, 17 Apr 2015 | 7:50 PM ET

    Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 34 this week to 954 amid depressed oil prices. Houston- based Baker Hughes said Friday 734 rigs were seeking oil and 217 explored for natural gas. Among major oil- and gas-producing states, Texas plummeted by 15 rigs; Oklahoma was down six;...

  • MONROE, Ohio— Authorities say a chemical explosion injured a worker at a manufacturing plant in southwest Ohio. Fire and police officials in Monroe say the explosion at Alfrebro LLC occurred around 12:30 p.m. Friday. Chief John Centers of the Monroe Fire Department tells local reporters that the explosion occurred as the worker was transferring a chemical...

  • April 17- Drug developer Athersys Inc said its cell therapy failed in a mid-stage study testing it as a treatment for a type of stroke, sending its shares down more than 50 percent in premarket trading. Athersys said on Friday patients given the cell therapy did not show a significant difference from those given a placebo as measured by the Global Stroke Recovery...

  • WASHINGTON, April 16- Senior U.S. lawmakers reached agreement on Thursday on the wording of a bill aimed at giving the White House "fast track" authority to negotiate a Pacific trade pact that is central to President Barack Obama's strategic shift toward Asia. The Obama administration announced in late 2009 that it was entering TPP negotiations with Australia,...

  • WASHINGTON, April 16- Senior U.S. lawmakers reached agreement on Thursday on a bill to give the White House "fast track" authority to negotiate a trade pact with 11 other Pacific nations that is central to President Barack Obama's strategic shift toward Asia. The White House has faced pressure to make progress on the bill ahead of a meeting between Obama and...

  • Top US lawmakers strike deal to fast-track trade deals Thursday, 16 Apr 2015 | 2:41 PM ET

    WASHINGTON— Top congressional lawmakers struck a long-sought, bipartisan agreement Thursday for the broadest trade policy pact in years, allowing President Barack Obama to negotiate trade accords for Congress' review and move forward with talks on a sweeping partnership with Pacific nations. Obama quickly said he will sign the bill if Congress passes it.

  • Sherwin-Williams misses Street 1Q forecasts Thursday, 16 Apr 2015 | 7:15 AM ET

    CLEVELAND _ Sherwin-Williams Co. on Thursday reported first-quarter net income of $131.4 million. Sherwin-Williams expects full-year earnings to be $10.90 to $11.10 per share. Sherwin-Williams shares have increased almost 10 percent since the beginning of the year, while the Standard& Poor's 500 index has risen slightly more than 2 percent.

  • KeyCorp meets 1Q profit forecasts Thursday, 16 Apr 2015 | 6:39 AM ET

    CLEVELAND _ KeyCorp on Thursday reported first-quarter profit of $227 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was also for earnings of 26 cents per share. KeyCorp shares have risen 2 percent since the beginning of the year, while the Standard& Poor's 500 index has increased slightly more than 2 percent.

  • Judges Thomas Griffith and Brett Kavanaugh seemed to agree with lawyers defending the EPA that the lawsuits are premature because the agency has not yet made the rule final. At issue is whether the EPA has legal authority for its plan under the Clean Air Act. But the agency and environmental advocacy groups say the court shouldn't even get to that question until...

  • Fed survey finds US economy growing at moderate pace Wednesday, 15 Apr 2015 | 2:02 PM ET

    In its latest survey of business conditions around the country, the Fed said that eight of its 12 banking regions described the economy as growing at either a moderate or modest pace with two others— Atlanta and Kansas City— describing conditions as steady. The report said that a slowdown in the chemical industry had been reported by contacts in St. Louis and...

  • CONCORD, N.H.— Senate Majority Leader Mitch McConnell's call for governors to defy proposed federal rules to limit pollution has been met with mostly silence, but leaders in downwind New England states and drought-stricken areas in the West are pushing back. Maggie Hassan, also a Democrat, pointed to efforts there, including the Regional Greenhouse Gas...

  • Climate change plan faces high-profile legal test Wednesday, 15 Apr 2015 | 12:34 PM ET

    EPA officials say the rule would protect public health, fight climate change and lower electricity costs by 8 percent by 2030.. Last month, Senate Majority Leader Mitch McConnell, R- Ky., sent a letter urging the governors of all 50 states to defy the EPA by refusing to submit the compliance plans. Opponents also are getting support from an unlikely ally, Harvard Law...

  • A look at states with the most deaths from submerged dams Wednesday, 15 Apr 2015 | 11:31 AM ET

    Since the 1950 s, at least 441 people have died at 235 submerged dams in 38 states. Maryland, Ohio, Texas: 14 each. Source: Brigham Young University database.

  • Low-lying dams drown hundreds of unsuspecting victims Wednesday, 15 Apr 2015 | 11:11 AM ET

    "The builders of these dams have created a very elegant trap for human beings," said Nate Hoogeveen, who heads river programs for the Iowa Department of Natural Resources. More than one-third of the deaths have occurred in Iowa, Minnesota and Pennsylvania. Other top states for low-head dam deaths include Illinois, California, Maryland, Ohio, Texas and Virginia.

  • Progressive tops Street 1Q forecasts Wednesday, 15 Apr 2015 | 9:12 AM ET

    MAYFIELD VILLAGE, Ohio _ Progressive Corp. on Wednesday reported first-quarter net income of $295.6 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. Six analysts surveyed by Zacks expected $4.82 billion.

  • But after years of complaints and failed efforts, huge majorities of lawmakers from both parties banded together and Congress approved legislation permanently recasting how Medicare reimburses physicians. Though AARP tried unsuccessfully to change the bill to ease costs for some Medicare recipients, CEO Jo Ann Jenkins hailed its passage as "momentous"...

  • The United Nations has been promoting edible insects as a way to improve nutrition, reduce greenhouse-gas emissions and create jobs in insect production. At least 2 billion people worldwide already eat insects as part of their diet, according to the 2013 report by the UN Food and Agriculture Organization. Inside San Francisco's La Cocina, a commercial kitchen...

  • WASHINGTON— Legislation permanently overhauling how Medicare pays physicians won approval Tuesday from an atypically united Congress as lawmakers banded together to erase an irritant that has dogged them for years. Adding urgency to legislators' work, the measure headed off a 21 percent cut in doctors' Medicare fees that would have hit home Wednesday, when...

  • *Chesapeake to receive $25 million and oil-gas leases. *AEP says McClendon had rights to Chesapeake data. The settlement could raise questions about whether EMG, which has invested more than $3 billion in ventures formed by McClendon since 2013, may be separating itself from McClendon, a successful oil and gas executive who co-founded Chesapeake in 1989. He...

  • ST. LOUIS— A Missouri lawsuit seeking class-action status accuses three insurance agencies of failing to safeguard sensitive consumer data from hackers who recently breached health insurer Anthem Inc.' s computer networks. The Missouri suit alleges that compromised Anthem database information including names, employment details and Social Security...