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  • Dynegy to spend $6.25B on power plant acquisitions Friday, 22 Aug 2014 | 7:58 AM ET

    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.

  • Aug 22- U.S. power company Dynegy Inc said on Friday that it would buy 12,500 megawatts of coal and gas generation assets from Duke Energy Corp and Energy Capital Partners, in two deals valued at $6.25 billion. The deal will almost double Dynegy's power-generation capacity.

  • Democrats reframe debate on health care Friday, 22 Aug 2014 | 4:28 AM ET

    WASHINGTON— President Barack Obama's unpopular health care law is losing some of its political punch as vulnerable Democrats see it as less of an election-year minus and Republicans increasingly talk about fixing it instead of repealing.

  • Yellen speech awaited for any hint on rate timing Friday, 22 Aug 2014 | 3:03 AM ET

    WASHINGTON— Two days after the Federal Reserve revealed an intensifying internal debate over interest rates, Chair Janet Yellen will address the annual Fed conference in Jackson Hole, Wyoming, with investors seeking any clear hints of when it will start raising rates.

  • Deals only a click away for back-to-school season Thursday, 21 Aug 2014 | 12:56 PM ET

    NEW YORK— It's mid-August, and parents are scrambling to outfit their kids with backpacks, gadgets and jeans as the clock winds down toward the first day of school. "It's a lot easier to find a deal," said Michael Londrigan, dean of academic affairs at LIM College, a fashion college in New York.

  • *Business activity growth slows in China and Europe. LONDON/ BEIJING/ NEW YORK, Aug 21- Business growth in China and across Europe slowed this month, surveys showed on Thursday, but U.S. activity picked up speed, leaving a mixed picture of global economic growth.

  • The trial tested three doses on the drug, collagenase clostridium histolyticum, against a placebo in 150 women between the ages of 18 and 45 in the United States.

  • Parks Service bans drones over Appalachian Trail Wednesday, 20 Aug 2014 | 6:55 PM ET

    PITTSBURGH— The National Park Service has banned drones from flying over the Appalachian Trail. The Park Service said Wednesday the interim rule prohibits launching, landing or operating unmanned aircraft from or on Appalachian National Scenic Trail lands.

  • UPDATE 1-Carlyle-backed Axalta Coating files for IPO Wednesday, 20 Aug 2014 | 6:07 PM ET

    Aug 20- Axalta Coating Systems Ltd, a paint coatings company backed by buyout firm Carlyle Group LP, filed with U.S. regulators on Wednesday for an initial public offering of common stock. The company listed Citigroup, Goldman Sachs, Deutsche Bank and JP Morgan among the underwriters for the IPO.

  • WASHINGTON, Aug 20- Business backers of the U.S. Export-Import Bank said on Wednesday they hope the institution's charter will be extended temporarily while Congress hashes out a longer-term reauthorization of the bank, which some lawmakers are bent on closing.

  • Carlyle-backed Axalta Coating Systems files for IPO Wednesday, 20 Aug 2014 | 5:19 PM ET

    Aug 20- Buyout firm Carlyle Group LP backed performance coatings company Axalta Coating Systems Ltd filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock. The company listed Citigroup, Goldman Sachs, Deutsche Bank and JP Morgan among the underwriters for the IPO.

  • NEW YORK, Aug 20- U.S. crude oil rose in choppy trading on Wednesday ahead of the September contract's expiration and after government data showed crude stocks in the United States fell sharply last week. U.S. crude stocks slid by 4.5 million barrels last week, the U.S. Energy Information Administration said, more than analysts had expected.

  • US STOCKS-Wall Street pares gains after Fed minutes Wednesday, 20 Aug 2014 | 2:50 PM ET

    *Lowe's, Target shares rebound; American Eagle rallies. *Hertz tumbles after withdrawing forecast. "I don't think there were really any surprises in the minutes, or that the markets are reacting meaningfully to them," said Carin Pai, executive vice president and director of equity management at Fiduciary Trust in New York.

  • Women small business owners struggle to get loans Wednesday, 20 Aug 2014 | 12:48 PM ET

    NEW YORK— Women are a growing force in the business world, but if they own a company, they may still struggle to get a loan from a bank. Carrie Charlick and Marcia Cubitt have $4 million in sales but have been rejected for $500,000 credit lines since 2012. Their 11- year-old company, Essential Body Wear, sells women's underwear at parties at customers' homes.

  • Yellen to give her outlook as Fed honeymoon fades Wednesday, 20 Aug 2014 | 12:23 PM ET

    WASHINGTON— Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the economy through a deep crisis by slashing interest rates and restoring confidence in banks.

  • *Lowe's pares losses, Target rebounds, after dim forecasts. NEW YORK, Aug 20- U.S. stocks inched higher Wednesday after two days of gains, ahead of the release of minutes from the most recent Federal Reserve meeting, as investors brushed off bleak earnings forecasts from some retailers like Lowe's and Target.

  • *Lowe's pares losses, Target rebounds, after dim forecasts. NEW YORK, Aug 20- U.S. stocks were little changed Wednesday after two days of gains, ahead of the release of minutes from the most recent Federal Reserve meeting, as investors shrugged off bleak earnings forecasts from some retailers like Lowe's and Target.

  • Brine firm sues over biblical fracking billboard Wednesday, 20 Aug 2014 | 10:30 AM ET

    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.

  • American Eagle 2Q results top analysts' estimates Wednesday, 20 Aug 2014 | 9:08 AM ET

    For the period ended Aug. 2, American Eagle Outfitters Inc. earned $5.8 million, or 3 cents per share. That compares with $19.6 million, or 10 cents per share, a year earlier. Selling, general and administrative expenses increased to $190.1 million from $186.3 million.

  • Mandatory Pa. casino theft fine ruled tossed out Wednesday, 20 Aug 2014 | 6:11 AM ET

    PITTSBURGH— The Pennsylvania Supreme Court has ruled that a mandatory $75,000 fine imposed on a Pittsburgh casino poker dealer convicted of having stolen $200 worth of chips is unconstitutional.