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  • Tesla posts 2Q loss, prepares Nevada factory site Thursday, 31 Jul 2014 | 5:09 PM ET

    PALO ALTO, Calif.— Electric car maker Tesla Motors widened its loss in the second quarter as it prepared for the launch of a new SUV and started work on a massive new battery plant. But the company is still considering sites in California, New Mexico, Arizona and Texas, and won't make a final decision for several months.

  • HOUSTON/ ISTANBUL, July 31- Efforts by Iraqi Kurdistan to boost its finances through bulk oil sales suffered a setback on Thursday as its main U.S. customer swore off more purchases and Baghdad vowed to block delivery from oil-laden vessels like one the Kurds were loading for export.

  • Tesla says decision on battery factory months away Thursday, 31 Jul 2014 | 4:42 PM ET

    RENO, Nev.— Electric car maker Tesla Motors said Thursday that it is preparing a site near Reno, Nevada, as a possible location for its new battery factory, but is still evaluating other sites. Tesla said it broke ground on the Nevada site in June. California, New Mexico, Arizona and Texas are also in the running.

  • Welcome aboard: Obama lavishes praise on Castro Thursday, 31 Jul 2014 | 4:27 PM ET

    Three days after new Housing and Urban Development Secretary Julian Castro was sworn in, President Barack Obama paid a rare visit Thursday to the agency's colossal concrete headquarters to welcome Castro aboard.

  • WASHINGTON, July 31- The U.S. Energy Department on Thursday approved Oregon LNG to export liquefied natural gas, as the Obama administration works through applications to export fuel from the domestic drilling boom to markets in Asia and Europe.

  • TAMPA, Fla., July 31- Southwest Airlines and SeaWorld said on Thursday they are ending a longtime marketing partnership, as the airline faces pressure from animal rights groups critical of the marine life conditions at its popular tourist attractions.

  • NEW YORK/ HOUSTON, July 31- Chemicals firm LyondellBasell, part of Ukrainian-born billionaire Leonard Blavatnik's business empire, said it will quit buying "disputed" oil from Iraq- one day after Reuters identified it as the mystery American importer of Kurdish crude.

  • NEW YORK, July 31- Several hundred claims are expected to be filed at the start of a GM-financed program being launched Friday to compensate victims of a faulty ignition switch on some of its vehicles, lawyers say.

  • $100 million for firm without offices, 1 agent? Thursday, 31 Jul 2014 | 2:53 PM ET

    WASHINGTON— Companies overseeing millions of mortgage loans appear to be skirting new federal regulations and legal settlements intended to stop them profiteering at the expense of troubled homeowners.

  • HOUSTON, July 31- Murky private rulings from the U.S. Commerce Department to a pair of companies allowing exports of a very light form of domestic oil with minimal processing confused many in the market over exactly what can be exported, Marathon Petroleum Corp Chief Executive Gary Heminger said on Thursday.

  • UPDATE 1-US DOE approves Oregon project to export LNG Thursday, 31 Jul 2014 | 2:33 PM ET

    WASHINGTON, July 31- The U.S. Energy Department on Thursday approved Oregon LNG to export liquefied natural gas, as the Obama administration works through applications to export fuel from the domestic drilling boom to markets in Asia and Europe.

  • NEW YORK/ HOUSTON, July 31- Chemicals firm LyondellBasell, owned by Ukraine- born billionaire Leonard Blavatnik, has emerged as the mystery American buyer of Kurdish crude oil this year, but said on Thursday it will not be buying any more due to an ownership dispute.

  • SeaWorld, Southwest Airlines ending partnership Thursday, 31 Jul 2014 | 1:12 PM ET

    ORLANDO, Fla.— Southwest Airlines and SeaWorld Entertainment are ending their 25- year-old marketing partnership, officials with both companies said Thursday, as the airline has been urged by animal rights activists to terminate the relationship. As part of the partnership, three Southwest airplanes had various SeaWorld animals painted on their bodies.

  • HOUSTON, July 31- U.S. oil and gas company Apache Corp, under pressure from activist investor Jana Partners, said on Thursday it plans to sell interests in two liquefied natural gas projects as it sharpens the focus on developing North American shale fields.

  • HOUSTON, July 31- LyondellBasell, which has reportedly bought Kurdish crude oil being claimed by Iraq, confirmed on Thursday it has recently purchased "modest quantities of Iraqi crudes" for its Houston Refining unit.

  • AAA: Texas gas prices fall another 4 cents Thursday, 31 Jul 2014 | 12:45 PM ET

    IRVING, Texas— Texas retail gas prices have fallen 4 cents this week due to high output from American refineries, balancing any potential fallout from world crises. Amarillo drivers are getting the cheapest gas at an average gallon price of $3.27, while El Paso gas is reported at $3.45 per gallon.

  • U.S. hospitals get lift from surge in Medicaid sign-ups Thursday, 31 Jul 2014 | 12:40 PM ET

    CHICAGO, July 31- U.S. hospitals are getting a stronger-than-expected benefit from a new influx of low-income patients whose bills are paid by the government's Medicaid program, raising their profit forecasts as a result.

  • LYONDELLBASELL, REPORTED BUYER OF KURDISH CRUDE, SAYS HAS RECENTLY PURCHASED' MODEST QUANTITIES OF IRAQI CRUDES' FOR HOUSTON UNIT.

  • Kurdistan says crude cargo near Texas legally sold Thursday, 31 Jul 2014 | 12:34 PM ET

    HOUSTON, July 31- A $100 million cargo of crude oil in a tanker near Texas was legally shipped and sold by Kurdistan, lawyers for the autonomous region in Iraq told a U.S. court in a letter seen on Thursday, saying Baghdad has no right to the barrels.

  • Extra jurors seated for long Ga. salmonella trial Thursday, 31 Jul 2014 | 11:31 AM ET

    ALBANY, Ga.— After three days of jury selection, a panel with plenty of extra members was seated Thursday to hear the case of three people charged in connection with a deadly salmonella outbreak traced to a southwest Georgia peanut plant five years ago.