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  • Police in Portland, Oregon, say an initially peaceful May Day demonstration turned violent Friday evening as a splinter group hurled chairs and other objects at officers. The Burnside Bridge over the Willamette River was closed for about a half-hour during the height of the evening commute when protesters tried to force their way across.

  • OMAHA, Neb., May 1- Warren Buffett's Berkshire Hathaway Inc on Friday said first-quarter profit rose 10 percent, and operating results easily beat forecasts, boosted by its railroad and insurance businesses and gains from derivatives. Net income for the Omaha, Nebraska- based insurance and investment conglomerate rose to $5.16 billion, or $3,143 per share, from...

  • ORANGE, Calif./ PHILADELPHIA, May 1- The Federal Reserve could well raise interest rates as soon as June, two top U.S. central bankers said on Friday, so long as economic data strengthens as expected from a dismal first quarter. The key, both Loretta Mester, president of the Cleveland Fed, and John Williams, president of the San Francisco Fed, said, is that by a quirk of the...

  • NEW YORK— Comcast, which reports financial results on Monday, faces some tough questions about what's next for the country's biggest cable company after its dreams of a far-reaching network collapsed with the death of its $45 billion Time Warner Cable deal. Comcast, which owns NBCUniversal, wanted Time Warner Cable to bulk up its business-services division,...

  • LOS ANGELES— Chatting on the red carpet with Bradley Cooper and Jennifer Lawrence; recording a country song with Clint Black; working a relief mission with Patricia Arquette; receiving a serenade from Michael Bolton on a Caribbean island. "If you can have a Military Channel and a History Channel, I don't see any reason there can't be a' Cause Network,'" said Wagner, who...

  • Police say black-clad May Day marchers hurled wrenches and rocks at officers and hit police with sticks as a Friday evening march through a Seattle neighborhood turned violent, injuring three officers. That brought the day's Seattle demonstration arrest total to four. Hundreds of people earlier joined in May Day marches in Seattle and Yakima, Washington, in...

  • US, Canada unveil rules to boost oil train safety Friday, 1 May 2015 | 10:30 AM ET

    The regulations are a long-awaited response to a series of fiery train crashes in the U.S. and Canada, including four so far this year. The most serious accident occurred in July 2013, when a runaway oil train derailed in Lac-Megantic, Quebec, just across the border from Maine, killing 47 people and destroying most of the town's central business district.

  • Independence Realty Trust reports 1Q results Friday, 1 May 2015 | 8:09 AM ET

    PHILADELPHIA _ Independence Realty Trust Inc. on Friday reported a key measure of profitability in its first quarter. The Philadelphia- based real estate investment trust said it had funds from operations of $5.9 million, or 19 cents per share, in the period. The company said it had a loss of $233,000, or 1 cent per share.

  • DIARY- Top Economic Events to May 14 Thursday, 30 Apr 2015 | 8:01 PM ET

    BOSTON- Federal Reserve Bank of Boston President Eric Rosengren gives welcome and opening remarks before the Economic Growth and Regulatory Paperwork Reduction Act Outreach Meeting hosted by the bank- 1300 GMT. BOSTON- Federal Reserve Board Governor Daniel Tarullo speaks at opening session before the Economic Growth and Regulatory Paperwork Reduction...

  • US STOCKS-Wall St opens lower as Apple, Celgene weigh Thursday, 30 Apr 2015 | 10:39 AM ET

    *Apple and Celgene weigh on Nasdaq, S&P 500. April 30- Wall Street opened lower on Thursday as Apple weighed on the major indexes and Celgene led a fall in biotech stocks, more than offsetting encouraging economic data. The company limited availability of the Apple Watch after a key component supplied by a Chinese company was found to be defective, according to the...

  • RAIT Financial reports 1Q results Thursday, 30 Apr 2015 | 10:27 AM ET

    PHILADELPHIA _ RAIT Financial Trust on Thursday reported a key measure of profitability in its first quarter, after reporting a loss in the same period a year earlier. The real estate investment trust, based in Philadelphia, said it had funds from operations of $15.3 million, or 19 cents per share, in the period. The company said it had a loss of $7.6 million, or 9 cents...

  • Radian beats 1Q profit forecasts Thursday, 30 Apr 2015 | 9:24 AM ET

    PHILADELPHIA _ Radian Group Inc. on Thursday reported first-quarter profit of $92.3 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *Colgate, BorgWarner cite strong dollar. "I think we're going to see cleaner data come out in the second quarter and with the jobless claims being at their lowest levels in 15 years, that certainly points towards a strengthening labor market which has been a clear focus point of the Fed," said Mark Luschini, chief market strategist at Janney Montgomery Scott in...

  • Crown Castle to buy Quanta Fiber Networks for 1 bln Thursday, 30 Apr 2015 | 6:28 AM ET

    April 30- Wireless infrastructure provider Crown Castle International Corp said it would buy Quanta Fiber Networks Inc for $1 billion to expand its presence in top U.S. metropolitan markets. Quanta Fiber, a subsidiary of Quanta Services Inc, owns or has rights to nearly 10,000 miles of fiber across the United States in markets such as Los Angeles, Philadelphia,...

  • NEW YORK— Time Warner Cable had a record quarter for subscriber growth on the heels of its failed deal with Comcast and as cable TV rival Charter is expected to try to buy the company. As Time Warner Cable waited for regulators to approve or deny its Comcast deal, it invested in customer service and other areas to grow its customer base. Philadelphia- based Comcast...

  • PHILADELPHIA— A Philadelphia developer is taking another shot at turning the former home of the city's two largest newspapers into a hotel. The Philadelphia Inquirer reports developer Bart Blatstein's Tower Investments is proposing transforming the North Broad Street building into a 125- room hotel. Information from: The Philadelphia Inquirer,...

  • Station suspends DJ over posting in Baltimore man's death Wednesday, 29 Apr 2015 | 5:24 PM ET

    PITTSBURGH— A radio station has suspended a disc jockey over his online posting about the arrest record of a Baltimore man whose fatal injury in police custody led to rioting. Officials at FM station WAMO 100, which bills itself as Pittsburgh's No. 1 choice for urban music, said Wednesday the posting by Mike Jax was "too controversial" and partly inaccurate.

  • NEW YORK— Technology stocks are trading at levels not seen since Y2K and that may trigger some bad memories. The Nasdaq is just a number, says Stuart Ritter, a senior financial planner at T. Rowe Price in Baltimore. The Nasdaq composite is not dependent on the technology sector like it was in 2000. "It's diversified," says Hugh Anderson, partner and managing Director at...

  • Since 2005, those lawsuits have generated a $14 million surplus for Edwardsville and solidified Madison County's place at the center of a long-running national debate over personal-injury claims. Lawsuits have also proliferated in smaller industrial communities such as Beaumont, Texas, and Charleston, West Virginia, but Edwardsville is the smallest and...

  • NYC Biblical Art Museum to close in June Wednesday, 29 Apr 2015 | 7:51 AM ET

    NEW YORK— New York City's Museum of Biblical Art has announced it will close in June after failing to find a new home. The museum, which opened in 2005, is located in the American Bible Society building in Manhattan. The Society is moving to Philadelphia.