Behind the numbers is a disconcerting brew of statistics that shows the jobs market is far from full health.» Read More
Dynegy plans to spend more than $6 billion to buy several coal and gas power generation plants from Duke Energy and Energy Capital Partners. The deal will add about 12,500 megawatts of coal and gas generation and expand Dynegy's retail business into Ohio, Pennsylvania and Michigan.
CINCINNATI— A police officer on leave after the fatal shooting of a man at a Wal-Mart store also was involved in a 2010 fatal shooting in which he was not indicted after evidence showed he acted in self-defense, authorities confirmed Thursday.
CORALVILLE, Iowa, Aug 20- The Pro Farmer Midwest Crop Tour on Wednesday projected Illinois' corn yield at a record of 196.96 bushels per acre, up from the tour average of 170.48 bpa last year and the three-year tour average of 149.36, according to data provided by the tour.
Aug 20- The cleanup of a 5,000- gallon fuel oil spill from a Duke Energy Corp power plant into the Ohio River could stretch into Thursday, Duke said on Wednesday, as the U.S. Coast Guard reopened a 15- mile section of the river to limited traffic.
COLUMBUS, Ohio— L Brands Inc. on Wednesday reported fiscal second-quarter profit of $188.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. L Brands shares have climbed nearly 2 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 7.5 percent.
NEW YORK, Aug 20- A 15- mile section of the Ohio River was reopened for limited traffic on Wednesday as clean-up of a 5,000- gallon fuel oil spill continued, the U.S. Coast Guard said on Wednesday.
Officials with the U.S. Environmental Protection Agency are coordinating the response to the spill, which occurred at a Duke Energy power plant near Cincinnati late Monday. About 1,000 gallons of oil and contaminated water had been recovered as of Wednesday, the EPA said.
COLUMBUS, Ohio— An Ohio man who uses a biblical reference and a statement against "poisoned waters" on billboards opposing wells for disposal of gas-drilling wastewater is fighting a legal threat from the Texas well owner on free-speech grounds.
ORRVILLE, Ohio— J.M. Smucker Co. on Wednesday reported earnings of $116 million in its fiscal first quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share. Analysts expected $1.36 billion, according to Zacks.
Wiesnkoenig, the official supplier of lederhosen for the Munich Oktoberfest, is hoping its fashion-forward take on traditional German clothing takes off in America with the opening of its flagship U.S. store inside a Cincinnati brewery.
NEW YORK— Fortune Brands Home& Security Inc. said Wednesday that it has agreed to sell its Simonton Windows business to building products maker Ply Gem Holdings Inc. for about $130 million. Ply Gem, which is based in Cary, North Carolina, said it is buying Simonton to help it grow its windows division and plans to operate the company as a stand-alone business.
*Dandelion native to Kazakhstan yields tyre-grade rubber. MUENSTER, Germany, Aug 20- Dutch biologist Ingrid van der Meer often meets with disbelief when she talks about her work on dandelions and how it could secure the future of road transport.
ALBANY, New York— The retailer Macy's has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in Manhattan's Herald Square. "It is absolutely unacceptable— and it's illegal— for anyone in New York to be treated like a criminal simply because of the color of their skin," Schneiderman said.
Aug 19- The U.S. Coast Guard closed a 15- mile stretch of the Ohio River on Tuesday after at least five thousand gallons of fuel oil spilled from a 60- year-old power plant owned by Duke Energy 20 miles east of Cincinnati, Ohio.
*Soy eases after USDA shows 71 pct crop good-to-excellent. CHICAGO, Aug 19- U.S. corn and soy futures slipped on Tuesday as a widely watched crop tour projected bumper U.S. harvests and traders expected more reports of robust crops, while wheat jumped on concerns about reduced supplies from Ukraine.
Aug 19- Five thousand gallons of fuel oil spilled into the Ohio River on Monday night from a 60- year-old coal-fired power plant owned by Duke Energy, the company said on Tuesday.
Aug 19- U.S. power company Duke Energy said on Tuesday about 5,000 gallons of fuel was spilled into the Ohio River during a routine transfer of fuel oil at its station near Cincinnati. The spill that took place around 11.15 p.m. ET on Monday was stopped within 15 minutes, the company said.
Aug 18- Skilled Healthcare Group Inc and privately held Genesis HealthCare said on Monday they have agreed to combine in an all-stock transaction that will create one of the largest U.S. operators of long-term care facilities.
WASHINGTON, August 18- Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such "inversion" deals have failed to produce above-average returns for investors, a Reuters analysis has found.
Post-election committee leadership changes and growing momentum behind bipartisan fixes may lead to tweaks to the 2010 Dodd-Frank law for the smallest community banks, larger firms such as PNC Financial Services of Pittsburgh and Regions Financial of Birmingham, Alabama, and insurers, lobbyists and congressional staffers said.