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  • Hunter Newby describes himself as a real estate entrepreneur, even if he's not marketing houses or land. Newby is chief executive of Allied Fiber, a New York firm that is nearing completion of a broadband route from Miami to Atlanta. One of those weak points was exposed last month when vandals sliced a fiber-optic cable in the Arizona desert between Phoenix and...

  • A church service in honor of the victims has been held in Duesseldorf, where the Germanwings plane was headed when it crashed into a French mountain, killing all 150 people aboard Tuesday. Detlev Toonen, a Lutheran priest based at Duesseldorf airport who has been counseling relatives of the crash victims, says "the church... wants to show solidarity with the...

  • Co-pilot was 'very happy' with Germanwings job Thursday, 26 Mar 2015 | 10:03 AM ET

    MONTABAUR, Germany— Andreas Lubitz never appeared anything but thrilled to have landed a pilot's job with Germanwings, according to those who helped him learn to fly as a teenager in this town in the forested hills of western Germany. Members of his hometown flight club in Montabaur, where he renewed his glider license last fall, told The Associated Press that the...

  • Animal shelters let kids cozy up to pets at summer camps Wednesday, 25 Mar 2015 | 11:25 AM ET

    LOS ANGELES— Children who love to dance, act or play sports have summer camps specialized just for them. "This is absolutely one of the fastest growing programs at the shelter," said Christen Benson, executive director of the Humane Society of Sarasota County, about 50 miles south of Tampa, Florida. "These camps aren't about getting free volunteers in to scrub cages,"...

  • Bosses can't get even when staffers gripe on social media Wednesday, 25 Mar 2015 | 11:05 AM ET

    NEW YORK— Bosses can get mad when staffers vent on social media about their jobs, but they may not be able to get even. When one of Bert Martinez' employees posted gripes about her job and the boss on Facebook last year, the publicist consulted his lawyer, who said the staffer couldn't be fired. "The first lesson I learned is, employees are allowed to vent," says Martinez,...

  • NEW YORK— Freeport-McMoRan Inc. will cut its quarterly dividend by 84 percent due to falling oil prices, the Phoenix- based oil and gas company said Tuesday. Freeport-McMoRan executives said in a statement that it needs to reduce its dividend to "strengthen our balance sheet during a period of volatile market conditions." Shares of Freeport-McMoRan Inc. fell 40...

  • WASHINGTON— Remember the Detroit man who walked 21 miles to work? A Brookings Institution report out Tuesday finds the number of jobs within typical commuting range dropped 7 percent between 2000 and 2012 in major U.S. metropolitan areas. Elizabeth Kneebone and Natalie Holmes of Brookings' Metropolitan Policy Program used U.S. Census Bureau data for 96 big...

  • Some on Wall Street are even talking about an earnings recession. Wall Street analysts currently estimate earnings growth of 1.3 percent for 2015, down from a forecast of 8.1 percent at the beginning of the year, according to Thomson Reuters data. Nearly one-fifth of S&P 500 companies have warned on earnings for the first quarter, with at least 49 companies...

  • March 16- Credit Suisse Group Inc will pay $10 million in cash and provide $6.25 million worth of advisory work to Freeport-McMoRan Inc to settle allegations it contributed to the natural resources company having overpaid significantly for two oil and gas companies. The settlement was disclosed on Monday in a filing with the Delaware Chancery Court.

  • UPDATE 1-BC Partners names Michael Massey PetSmart CEO Wednesday, 11 Mar 2015 | 9:33 AM ET

    March 11- BC Partners, which led the takeover of PetSmart Inc, appointed Michael Massey as chief executive of the pet supply retailer. A private equity consortium led by BC Partners in December agreed to buy Phoenix- based PetSmart for $8.7 billion. BC Partners managing partner Raymond Svider will become PetSmart's non-executive chairman.

  • BC Partners names Michael Massey PetSmart CEO - WSJ Wednesday, 11 Mar 2015 | 2:37 AM ET

    March 11- BC Partners, which led the takeover of PetSmart Inc, plans to appoint Michael Massey as chief executive of the pet supply retailer, the Wall Street Journal reported. A private equity consortium led by BC Partners in December agreed to buy Phoenix- based PetSmart for $8.7 billion. BC Partners managing partner Raymond Svider will become PetSmart chairman.

  • PHOENIX, March 9- European airlines face further restructuring and consolidation to close a gap in profitability with industry kingpins in North America, aviation experts said on Monday. European airlines are projected to make $10 billion of the $86 billion in profits expected to flow into the industry between 2010 and 2015, with North American airlines...

  • March 3- SolarCity Corp on Monday sued Arizona utility Salt River Project over new electricity rates that the U.S. solar installer said penalizes residential customers who choose to put up solar panels. Applications for rooftop solar have fallen 96 percent in SRP's service territory since Dec. 8, the date SRP's new plan went into effect, SolarCity said.

  • NEW YORK, Feb 10- The U.S. Department of Justice said on Tuesday that it reached a settlement in its first-ever discrimination case against auto dealers who also finance the purchase of used cars. Two so-called "buy here, pay here" dealerships in Charlotte, North Carolina, Auto Fare Inc and Southeastern Auto Corp, agreed to set aside $225,000 to reimburse...

  • NEW YORK, Feb 10- Canadians who normally head south of their border for warmer weather are keeping closer track of their time in the United States because if they stay too long, they could lose their Canadian health benefits and might owe U.S. income tax. Just last year, the two countries implemented an agreement to scan passports and share the information, meaning...

  • Housing struggles as investors return to Phoenix Thursday, 5 Feb 2015 | 9:35 AM ET
    Phoenix, Arizona skyline

    Rampant foreclosures slashed home prices in half, but investor demand sent them right back up again. Guess who got priced out?

  • This model says to bet on the Seahawks Friday, 30 Jan 2015 | 6:44 PM ET
    The Vince Lombardi Trophy is displayed between the helmets of the Seattle Seahawks (L) and New England Patriots.

    According to one model, you're better off taking the Seattle Seahawks over the New England Patriots.

  • Watch the cops hunt down Super Bowl counterfeiters Friday, 30 Jan 2015 | 11:17 AM ET
    Seized goods included counterfeit National Football League (NFL) branded sportswear, designer clothing, videos, smartphones and electronic audio products worth over $800,000 are displayed during a news conference in Phoenix.

    Federal law enforcement officials are stepping up their efforts to crack down on counterfeit Super Bowl goods.

  • *Apple, P&G, Stryker also see headwinds. NEW YORK, Jan 27- A slew of U.S. multinational companies, from DuPont to Procter& Gamble, showed that a strong U.S. dollar hurt their earnings, and several blue-chip exporters said the situation will get worse if the greenback holds its strength. The pain is hitting multiple sectors, including industrial companies such as 3 M Co,...

  • *Apple also at risk; Microsoft shares plummet on currency concern. NEW YORK, Jan 27- A slew of U.S. multinational companies from DuPont to Microsoft Corp showed that a strong U.S. dollar is hammering their earnings, with several blue chip exporters predicting the situation will get worse if the greenback holds its strength. The pain is hitting multiple sectors...