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  • Business Highlights Wednesday, 16 Jul 2014 | 5:50 PM ET

    Rejected Fox bid for Time Warner shows growth mood. NEW YORK— In a move that aims to counter consolidation among TV distributors, Rupert Murdoch's Fox has made an unsolicited takeover offer for rival media giant Time Warner for about $76 billion in cash and stock.

  • Fewer gas leaks found in cities with new pipes Wednesday, 16 Jul 2014 | 5:18 PM ET

    WASHINGTON— Cities such as Indianapolis that regularly replace old natural gas lines have significantly fewer leaks than older urban areas where they don't, like Boston and New York City's Staten Island, according to a new study by Google and an environmental group. Boston and Staten Island averaged one leak per each mile mapped.

  • *Intel climbs on earnings, outlook. *Time Warner rebuffs $80 bln bid from 21st Century Fox. Time Warner shares jumped 16.4 percent to $82.63 as the best performer on the S&P 500 after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.

  • *Intel climbs on earnings, outlook. *Time Warner rebuffs $80 bln bid from 21st Century Fox. Time Warner shares jumped 18.1 percent to $83.87 as the biggest boost to the S&P 500 after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.

  • Connecticut firm continues bid for Philly utility Wednesday, 16 Jul 2014 | 9:50 AM ET

    Officials at the company, UIL Holdings Corp., "have decided to continue our efforts to pursue this acquisition and become a new business partner in the city of Philadelphia," James Torgerson, president and CEO of New Haven, Connecticut- based UIL, said in a statement.

  • Obama: Climate change a direct threat to US cities Wednesday, 16 Jul 2014 | 6:02 AM ET

    WASHINGTON— Harsher storms, worsening flooding and rising seas threaten the public's safety and health across the country, President Barack Obama warned Wednesday as he urged local communities to prepare for the effects of climate change.

  • Locally-grown foods look to bigger business Wednesday, 16 Jul 2014 | 3:05 AM ET

    But with a steady supply of locally grown food from the Common Market food hub, Jefferson now serves vegetables like bok choy and asparagus, creamy yogurts from Amish country and omelets with locally sourced cage-free eggs and spinach.

  • Comcast 'embarrassed' by customer service rep Tuesday, 15 Jul 2014 | 5:22 PM ET

    PHILADELPHIA— Cable and Internet giant Comcast is apologizing after a tech-savvy California customer posted eight minutes of telephone conversation online in which he tried repeatedly to get a customer service representative to disconnect his service.

  • Maggots in food among new prison food complaints Tuesday, 15 Jul 2014 | 11:14 AM ET

    The records also show several days when Aramark employees simply failed to show up and cases of unauthorized relationships between inmates and Aramark workers. Last month, for example, an Aramark employee notified a prison guard at Trumbull Correctional Institution that "one of the two serving lines had maggots falling out of the warming tray."

  • VA cites progress on backlog; Congress disagrees Tuesday, 15 Jul 2014 | 3:20 AM ET

    Members of Congress and the department's assistant inspector general don't believe it. Allison Hickey, the VA's undersecretary for benefits, told Congress that at the insistence of officials from President Barack Obama on down, the benefits backlog has been whittled down to about 275,000— a 55 percent decrease from the peak.

  • July 14- Layoff notices went out on Monday for roughly 1,000 employees of Atlantic City's Trump Plaza Casino Hotel, in anticipation of a Sept. 16 closure, the company said in a statement. The seashore casino is one of the poorest performers in Atlantic City, which began the year with 12 casinos but with the Trump Plaza closing could be down to eight.

  • July 12- The Trump Plaza Hotel in Atlantic City could shut its doors in September and lay off 1,000 workers, a local newspaper reported, in what could make it the fourth casino to close this year in the faltering New Jersey resort city.

  • *Alcoa to report after market close, revenue seen down. NEW YORK, July 8- U.S. stocks fell in a broad selloff on Tuesday, dropping for a second straight session in their biggest one-day drop in almost two months as investors pulled back ahead of the start of corporate earnings season.

  • Two other major French banks, Credit Agricole and Societe Generale, Germany's Deutsche Bank AG, and Banamex USA, the U.S. arm of Citigroup Inc's Mexican banking group Banamex, are among those being investigated for possible money laundering or sanctions violations, according to people familiar with the matter and public disclosures.

  • Two other major French banks, Credit Agricole and Societe Generale, Germany's Deutsche Bank AG, and Citigroup Inc's Banamex unit in Mexico are among those being investigated for possible money laundering or sanctions violations, according to people familiar with the matter and public disclosures.

  • Two other major French banks, Credit Agricole and Societe Generale, Germany's Deutsche Bank AG, and Citigroup Inc's Banamex unit in Mexico are among those being investigated for possible money laundering or sanctions violations, according to people familiar with the matter and public disclosures.

  • *DuPont drops after outlook cut. NEW YORK, June 27- U.S. stocks ended modestly higher on Friday, led by technology shares, though downbeat second-quarter and full-year forecasts from DuPont Co kept a lid on gains.

  • NEW YORK, June 27- U.S. stocks erased early losses to close up on Friday but still finished the week lower on mixed economic data, while European equities had their first weekly drop since April on worries over Iraq and Ukraine.

  • *DuPont drops after outlook cut. NEW YORK, June 27- U.S. stocks ended modestly higher on Friday, led by technology shares, though a downbeat second-quarter forecast from DuPont Co kept a lid on gains.

  • *DuPont drops as outlook cut. NEW YORK, June 27- The Dow and S&P 500 edged lower on Friday following a downbeat second-quarter forecast from DuPont, though consumer sentiment data helped support the market.