Fears of a strike or lockout at West Coast ports have forced some shippers to move their cargo destinations to Canadian or East Coast ports, the FT reports.» Read More
Edan Lepucki, whose novel "California" became a best-seller thanks to a plug from Stephen Colbert, has in turn helped another book catch on.
RENO, Nev.— A Utah company's cancellation of an annual fun run featuring a muddy, foamy obstacle course has left participants out of money in Nevada, Oregon and other states. Registered runners for the 5 K Foam Fest set for Aug. 2 in Reno received an email Thursday from Spanish Fork, Utah- based Round House Racing saying it went out of business and the event was canceled.
A Congressional Budget Office report earlier this year lent some support for that view. It found that a minimum wage of $10.10 an hour, as President Obama supports, could cost 500,000 jobs nationwide.
The California cities of San Jose, Vallejo and San Diego all saw a heightened threat, as new fault lines have been recently discovered, the report said. It also upgraded the risks facing parts of the central and eastern United States, singling out areas near New Madrid, Missouri, and Charleston, South Carolina.
WASHINGTON— Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. North Dakota, benefiting from an oil and gas drilling boom, has created nearly 98,000 jobs over the past five years, a 27 percent increase-- by far the best in the country.
The sheriff issued his highest evacuation notice Thursday for Pateros, a town of about 650 people along the Columbia River. "There's nobody in Pateros" except a few "stragglers" who stayed, he said, adding the fire was burning in the town, although the small business district was believed intact.
The Oregon lawsuit filed Thursday in Portland contends 5- Hour Energy falsely claims customers get extra energy and focus from a unique blend of ingredients, when the boost actually comes from a concentrated dose of caffeine. Oregon has been part of a group leading a 33- state investigation into the accuracy of the product's claims.
BOSTON, July 16- To clinch a deal to buy Time Warner Inc, Rupert Murdoch's Twenty-First Century Fox Inc will not only need to raise the value of its bid above $80 billion but also boost its ratio of cash to stock, investors said on Wednesday.
The U.S. Court of Appeals for the District of Columbia Circuit reversed a lower court ruling and ordered that Ralls Corp be given any unclassified evidence used by Obama to reject the bid. "It's a potentially transformative decision," said Donald Vieira, a former national security lawyer for the U.S. Justice Department who now works in private practice.
WASHINGTON, July 15- A federal appeals court on Tuesday issued a surprising rebuke to U.S. President Barack Obama and said he deprived a small Chinese-owned firm of its right to due process when he squashed its bid to build wind farms close to a U.S. naval training site.
The unusual comments from the Fed's monetary policy report- the first time in 14 years that the Fed has commented specifically on valuation of a particular equity sector- that accompanied Fed Chair Janet Yellen's semi-annual testimony to Congress, hit stocks in riskier sectors of the market.
*JPMorgan, Goldman up after earnings. *Johnson& Johnson falls after results. Facebook shares lost 2 percent to $66.55.
July 11- Two members of the U.S. Senate Finance Committee, including Chairman Ron Wyden, on Friday asked Gilead Sciences Inc to defend the more than $80,000 cost of its breakthrough treatment for hepatitis C, citing the expense to federal healthcare programs.
July 11- Two members of the U.S. Senate Finance Committee, including Chairman Ron Wyden, on Friday asked Gilead Sciences Inc to defend the more than $80,000 cost of its breakthrough new treatment for hepatitis C, citing the expense to federal healthcare programs.
Despite concerns by some that the measure does not do enough to protect privacy, the committee voted 12-3 to advance the measure authored by its chairwoman, Dianne Feinstein, a California Democrat, and Vice Chairman Saxby Chambliss, a Georgia Republican, their offices said. The Senate bill still faces hurdles before becoming law.
June 30- The U.S. Supreme Court on Monday declined to hear a challenge to California's landmark low-carbon fuel standard, in a blow to out-of-state ethanol and gasoline producers that say the rule unfairly discriminates against their products.
NEW YORK, June 27- Bumble Bee Foods is preparing a sale process that could value North America's largest producer and marketer of canned tuna and sardines at as much as $1.5 billion, according to people familiar with the matter.
*U.S.-listed shares of Barclays fall on fraud lawsuit. *GoPro shares jump over 30 percent in first day after IPO. NEW YORK, June 26- U.S. stocks ended slightly lower on Thursday after the president of the Federal Reserve Bank of St. Louis said interest-rate increases should come sooner rather than later.
*U.S.-listed shares of Barclays fall on fraud lawsuit. Financial stocks were among the day's top decliners after New York State's attorney general filed a securities fraud lawsuit against Barclays, accusing the British bank of giving an unfair edge in the United States to high-frequency trading clients.
Del Taco is owned by private equity firms that include Goldman Sachs Mezzanine Partners, Charlesbank Capital Partners and Leonard Green& Partners. The owners are working with Piper Jaffray and Goldman Sachs Group Inc on the sale process, the sources said, requesting anonymity because the matter is private.