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  • WASHINGTON— The Republican-controlled Senate on Tuesday rejected Democrats' bids to ban exports from the Keystone XL oil pipeline and to require building the project with American-made steel. In largely party-line votes, the Senate sidetracked the first two additions to a bill seeking to approve construction of the 1,179 pipeline. The Senate...

  • WASHINGTON— A delegation of congressional Democrats began a three-day visit to Cuba on Saturday to discuss expectations for the normalization of relations between the United States and the island nation. Patrick Leahy of Vermont, said in a statement Saturday that the lawmakers want to explore opportunities for greater cooperation and to encourage Cuban...

  • CLEVELAND, Texas— Standing in a prison chow hall, Richard Chavez Jr. outlines his past: violent felon, former gang member, the fourth member of his family to go to prison. Then his future: owner of a mobile counseling youth service that goes where the troubled kids are. Arching a tattooed eyebrow, Chavez credits an innovative program run out of the Cleveland...

  • Dec 26- Brazil's state-run oil company Petroleo Brasileiro SA and some of its executives were hit with a U.S. class action lawsuit by investors in $98 billion of the company's securities over an alleged kickback and bribery scheme. The latest case was filed on Dec. 24 in Manhattan's federal court by the Labaton Sucharow law firm on behalf of the city of Providence,...

  • Fed eyes audit push as key political challenge in 2015 Thursday, 18 Dec 2014 | 1:00 AM ET

    Federal Reserve is lobbying to stem a rising threat to its independence as the "Audit the Fed" movement, once seen as usual background noise, looks set to gain momentum in 2015 when Republicans gain control of both houses of Congress. Fed officials are making their case for independence across Capitol Hill, reminding politicians of the damage that can come from...

  • Dec 5- Private equity firm JH Partners has sold its 40 percent stake in jeweler Alex and Ani, according to people familiar with the matter, who added the charm bracelet maker could be worth as much as $1 billion. San Francisco- based JH Partners, which bought the stake in 2012, sold its holding to British buyout firm Lion Capital LLP, three people confirmed this week.

  • Dec 2- A Rhode Island judge on Tuesday agreed to send a union-backed lawsuit over the state's sweeping 2011 public pension reform to a jury trial, scheduled for April 20, a court spokesman confirmed. Rhode Island's overhaul has been used by other state and local governments across the United States as a model to rein in ballooning costs of retirement benefits for...

  • YOUR MONEY-Behind Black Friday's giant, cheap TV deals Tuesday, 25 Nov 2014 | 8:00 AM ET

    NEW YORK, Nov 25- You might need two carts to walk away with what may be this year's biggest Black Friday bargain: a 65 "Vizio television at Walmart for $648. Unit sales are already up this year so far, says Stephen Baker, vice president for industry analysis at NPD Group, which tracks TV sales. Best Buy is featuring a 50 " Panasonic for $199.99.

  • Nov 19- Almost two thirds of adults won't spend more this holiday season despite lower gas and fuel costs, a new Reuters/ Ipsos poll shows, in a bad sign for retailers looking for an extra boost in gift buying from cheaper prices at the pump. "We live on a budget so we have a certain amount for groceries, a certain amount for birthdays, a certain amount for holidays," said...

  • The pro-reform camp drew in more than $1.4 million in contributions, with more than $1 million coming from Arnold, according to the Arizona Republic newspaper. Pension costs and debt were significant factors in the bankruptcies of Detroit, and of Stockton and San Bernardino in California, where bankruptcy judges have said public pensions are no longer...

  • Exchanges including Nasdaq, Intercontinental Exchange Inc's New York Stock Exchange, Bats Global Markets and CHX Holdings Inc's Chicago Stock Exchange said they deserve "absolute immunity" because they regulate themselves, and that only the U.S. Securities and Exchange Commission could review the plaintiffs' claims. A co-defendant, Barclays Plc, said the...

  • Upside-down politics in Rhode Island governor's race Saturday, 1 Nov 2014 | 7:00 AM ET

    Nov 1- In Rhode Island, the next governor could be a Democrat preferred by Wall Street or a Republican favored by rank-and-file union members. "It's upside down politics in Rhode Island now," said Wendy Schiller, associate professor of political science at Brown University. The race pits Democrat Gina Raimondo, Rhode Island's current Treasurer and a former...

  • WASHINGTON, Oct 30- Media General Inc has won U.S. antitrust approval to buy LIN Media LLC after agreeing to divest television stations in five markets, the Justice Department said on Thursday. To win government approval for the deal, the companies agreed to sell one station in Birmingham, Alabama, two in Savannah, Georgia, one near Alabama's border with Florida, one...

  • LOS ANGELES, Oct 30- A push to reform Phoenix's retirement system has become the latest front in a battle between union-backed groups and a Texas hedge fund billionaire over the future of America's public pensions. Hundreds of thousands of dollars, much of it anonymous out-of-state money, has been flowing to backers of a November 4 ballot initiative in Phoenix...

  • A handful of the Nov. 4 races such as the dead heat in Illinois, possibly the most fiscally dysfunctional state, shape up as de facto referendums on reform and their results could make municipal bond investors alter their bets. "People are not so much voting for governor in some of these states but how they want the pensions addressed," said Craig Brandon, Co-Director...

  • Oct 17- Textron Inc reported a 60.6 percent jump in quarterly profit, driven by higher deliveries in its aviation unit, which includes Cessna and Beechcraft jets. Textron bought smaller business jet maker Beechcraft in March. Textron's shares closed at $33.66 on the New York Stock Exchange on Thursday.

  • NEW YORK, Oct 12- The missteps in Dallas's handling of the first Ebola case diagnosed in the United States have revealed an uncomfortable reality: state and city plans for handling the deadly virus are based on generic recommendations for everything from measles to floods, to hurricanes and dirty bombs. Reuters checks with health departments in six states and...

  • NEW YORK, Oct 11- The missteps in Dallas's handling of the first Ebola case diagnosed in the United States have revealed an uncomfortable reality: state and city plans for handling the deadly virus are based on generic recommendations for everything from measles to floods, to hurricanes and dirty bombs. Reuters checks with health departments in six states and...

  • The site, already partly occupied by warehouses and distribution facilities for Wal-Mart, Amazon and Federal Express, is where Elon Musk's electric car maker Tesla Motors plans a factory to make batteries, helped by more than $1 billion of incentives provided by Nevada. For Gilman, this dry, desolate slice of Storey County is where the old Nevada, symbolized by...

  • Sept 24- Shares of Citizens Financial Group Inc, the U.S. unit of Royal Bank of Scotland Group Plc, rose as much as 3.5 percent in their market debut, valuing the lender at about $12.5 billion in the biggest U.S. bank IPO since the financial crisis.