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  • House GOP sues Obama administration on health law Friday, 21 Nov 2014 | 10:36 AM ET

    Legal experts expressed doubts that the GOP would prevail or that the case could be concluded during Obama's presidency. GOP lawmakers said those unilateral actions were unconstitutional and have promised unspecified congressional action. A Republican official said party leaders might amend the suit to include Obama's immigration actions, which would...

  • WASHINGTON, Nov 21- A top Democratic senator said on Friday he remains concerned about slack oversight of the largest U.S. banks, and that the New York Fed in particular remains too close to the institutions it regulates. "Troubling reports suggest that it is back to business as usual at the Federal Reserve Bank of New York," Ohio Democrat Sherrod Brown said as he...

  • NEW YORK, Nov 21- Middleby Corp, maker of high-end kitchen appliances for both professional and home cooks, has become a new favorite of fund managers as it benefits from changing American dining habits. That push away from Big Macs has spurred Middleby's revenue growth, which hit 14 percent in its current fiscal year, and prompted 81 mutual funds, including those...

  • WASHINGTON, Nov 20- Soon after President Barack Obama announced his immigration plans on Thursday evening, Democrats and Republicans who might be angling for his job in 2016 weighed in on an issue that is almost certain to be at the center of their campaigns. Hillary Clinton, who lost the Democratic nomination to Obama in 2008 and is expected to make a run to be the...

  • Kozy Shack recalls some puddings over labeling Thursday, 20 Nov 2014 | 9:02 PM ET

    ARDEN HILLS, Minn.— Pudding maker Kozy Shack Enterprises is recalling some of its puddings because they are not labeled as containing milk. The product was distributed to 20 states— Connecticut, Florida, Georgia, Illinois, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Virginia, West...

  • Fed to review its oversight of big banks Thursday, 20 Nov 2014 | 7:00 PM ET

    The Fed's announcement came a day before a Senate subcommittee is scheduled to hold a hearing on whether Fed examiners— particularly in the Fed's New York operation— have become too cozy with the big banks they oversee. The bailout of Wall Street banks during the 2008 financial crisis brought the issue forward. William Dudley, the president of the New York Fed,...

  • WASHINGTON, Nov 20- President Barack Obama planned on Thursday to ease the threat of deportation for about 4.7 million illegal immigrants, as leading Democrats lined up behind the U.S. leader in the face of Republican attacks. Obama dispatched his chief of staff, Denis McDonough, to Capitol Hill for lunch with Senate Democrats who grilled him on the politics and...

  • Cleveland preps for fastest Internet available Thursday, 20 Nov 2014 | 2:16 AM ET

    CLEVELAND— Sometime next year, Cleveland will become the first city in the country to offer commercial Internet service at 100 gigabits per second, city and local officials said. An announcement about the project is scheduled for Friday in Cleveland. Those involved in the project acknowledge there's currently not much demand in Cleveland for speeds of 100...

  • L Brands tops 3Q profit forecasts Wednesday, 19 Nov 2014 | 4:36 PM ET

    COLUMBUS, Ohio _ L Brands Inc. on Wednesday reported fiscal third-quarter net income of $131.8 million. L Brands expects full-year earnings to be $3.21 to $3.31 per share. L Brands shares have climbed 26 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 11 percent.

  • Nov 19- Miner Cliffs Natural Resources Inc may file for creditor protection in Canada to insulate itself from closure costs and liabilities at its Canadian operations, analysts said. On Wednesday, Cliffs said it might have to close its Bloom Lake iron ore mine in Quebec at a cost of up to $700 million as it struggles to find funds to expand the project.

  • NBC scraps Cosby television project Wednesday, 19 Nov 2014 | 1:51 PM ET

    NEW YORK— NBC has scrapped a Bill Cosby comedy that was under development, the second outlet within a day to put off or abandon a Cosby project after another sexual assault allegation against the comic emerged. NBC spokeswoman Rebecca Marks said Wednesday the project "is no longer under development," and had no further comment. His prospective new series was...

  • Credit score company settles FTC charges for $22M Wednesday, 19 Nov 2014 | 12:10 PM ET

    NEW YORK— A company that promised customers free credit scores has agreed to pay $22 million to settle charges that it billed customers for monthly credit monitoring that they did not sign up for. The settlement was made with the Federal Trade Commission and attorneys general in Illinois and Ohio. The FTC said that Dallas- based One Technologies LP, and two...

  • Massive movie poster collection going to auction Wednesday, 19 Nov 2014 | 10:02 AM ET

    He's parting with them on Dec. 17 at Profiles in History auction house in Calabasas, California. Everett, who lives in Cleveland, Ohio, and owns a New York City movie photo leasing company, said his collecting passion began as a student at the University of Virginia, sparked by a fellow student who had a "fabulous" small photo collection of such Hollywood's legends as...

  • YOUR MONEY-How to beat newly hot real estate markets Wednesday, 19 Nov 2014 | 8:00 AM ET

    NEW YORK, Nov 19- How much house will $2 million get you in the United States these days? Or, you could get just one modest ranch house in Los Altos, California, the most expensive real estate market in the country, according to a new survey by Coldwell Banker. Los Altos is in the middle of the action, surrounded by the corporate headquarters for Google, Facebook and dozens...

  • Smucker misses 2Q profit forecasts Wednesday, 19 Nov 2014 | 7:06 AM ET

    ORRVILLE, Ohio _ J.M. Smucker Co. on Wednesday reported net income of $158.3 million in its fiscal second quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Study will test survivors' blood to treat Ebola Tuesday, 18 Nov 2014 | 10:02 PM ET

    The Bill& Melinda Gates Foundation is giving $5.7 million to scale up production of the treatments for the project in Guinea and other Ebola-affected countries in Africa. Besides helping Ebola patients now, plasma "could be a tool for a future epidemic as well" from different viruses, Microsoft co-founder Bill Gates said in an interview with The Associated...

  • Ryan to chair tax panel, a possible 2016 platform Tuesday, 18 Nov 2014 | 5:43 PM ET

    WASHINGTON— House Republican leaders chose Paul Ryan on Tuesday to head the powerful House Ways and Means Committee for the next two years, giving him a high-profile platform if he decides to run for president in 2016 or beyond. Jason Chaffetz of Utah to head the House Oversight Committee and Rep. Mac Thornberry of Texas to head the Armed Services Committee.

  • Allegiant announces non-stop New Orleans service Tuesday, 18 Nov 2014 | 3:19 PM ET

    NEW ORLEANS— Discount airline Allegiant Air will begin nonstop service to New Orleans from four destinations beginning in early February. Officials with Louis Armstrong New Orleans International Airport said Tuesday that Allegiant will have nonstop flights from Cincinnati and Columbus, Ohio; Indianapolis; and Florida's Orlando-Sanford International...

  • Hasbro helps kids with disabilities learn to play Tuesday, 18 Nov 2014 | 12:16 PM ET

    PROVIDENCE, R.I.— Toymakers at Hasbro don't want Mr. Hasbro Inc. has partnered with The Autism Project, a group of parents and professionals that help people with autism to create instructional videos and tools to help children with developmental disabilities learn how to play with their toys. Parents and caregivers can access the tools for eight of Hasbro's...

  • LONDON, Nov 18- The biggest product of the U.S. petroleum industry is not oil, gas or condensate but water-- billions and billions of gallons containing dissolved salts, grease and even naturally occurring radioactive materials. The five old oil- and gas-producing states of Texas, California, Oklahoma, Kansas and Louisiana accounted for almost three quarters of...