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  • April 1- U.S. states, cities, authorities and other municipal issuers sold $103.8 billion of bonds in the first three months of 2015, the second highest first-quarter volume since 2010 and the third highest ever, Thomson Reuters data showed on Wednesday. The near-record issuance so far in 2015 was driven by nine long-term megadeals out of California, Texas and...

  • LITTLE ROCK, Ark., April 1- Arkansas Governor Asa Hutchinson told lawmakers on Wednesday to revise a bill that rights activists and U.S. businesses said allowed discrimination against gays, and home-state corporate giant Wal-Mart Stores Inc praised his action. Indiana's governor a day earlier said lawmakers should fix a similar Religious Freedom...

  • *Iran nuclear talks drag, slowing any lifting of sanctions. The market's focus on Iran nuclear talks, which had depressed prices since Friday, also shifted as the dollar eased. Crude production in the United States dropped 0.4 percent to 9.4 million barrels per day in the week to March 27, the first weekly decline since the end of January, data from the Energy...

  • The SEC said that the Houston- based oil services company violated a federal regulation by requiring witnesses in internal investigations to sign confidentiality agreements that warned of possible discipline if they discussed the matters with outside parties. The SEC also said since the internal investigations included allegations of securities law...

  • Here's why Obama is approving Arctic drilling again Wednesday, 1 Apr 2015 | 1:55 PM ET

    WASHINGTON, April 1- For a leader who has made fighting climate change a priority, President Barack Obama's decision to approve Royal Dutch Shell's return to oil and gas exploration off Alaska was seen by many environmentalists as a contradiction. But Shell, which has already spent about $6 billion exploring the Arctic, expects to return to polar waters this...

  • LITTLE ROCK, Ark., April 1- Republican Arkansas Governor Asa Hutchinson on Wednesday rejected a religion bill he had said he would sign into law, reversing course after a national firestorm of criticism assailing such legislation as discriminating against gays and lesbians. The governor said his own son had asked him to veto it, adding a personal element to the...

  • KBR Inc. to pay $130K penalty over whistleblowers dispute Wednesday, 1 Apr 2015 | 12:02 PM ET

    The SEC says the company has since added language to make clear that employees are free to report possible violations without KBR's approval or fear of retaliation. "The SEC's order acknowledges that it is not aware of KBR having ever prevented anyone from reporting to the SEC, nor has the company taken any action to enforce the agreement and that is because we...

  • With backing from Saudi Aramco and partnerships with well-known industry players including the Linde Group and Brazilian petrochemical company Braskem, Dineen hopes to break into natural gas processing with improvements that make the decades-old technology economical. Abundant domestic natural gas from the shale boom prompted plans by Royal Dutch...

  • Indiana's Republican Governor Mike Pence pledged on Tuesday to rewrite the law he rushed through last week after Wal-Mart Stores Inc., Apple Inc. and other major businesses said it sent a message that the state was intolerant. Wal-Mart, the world's biggest retailer, and other companies also piled pressure on Arkansas' Republican Governor Asa Hutchinson,...

  • When the high-speed action sequel "Furious 7" debuts this weekend, audiences at Hollywood's famous TCL Chinese Theatre will see every tire skid and fistfight in Imax's brand-new laser format. Imax's first laser projector just started operating in Toronto's Scotiabank Theatre in December. The Chinese Theatre, one of the largest Imax theaters in the world, is...

  • LONDON, April 1- More than 1 million barrels of crude oil move by train across the United States every day, according to data published for the first time by the government on Tuesday. The volume of crude shipped by rail has increased more than 50- fold in five years, from just 630,000 barrels in January 2010 to 33.7 million barrels in January 2015, the Energy...

  • Retractable Technologies posts 4Q profit Wednesday, 1 Apr 2015 | 8:21 AM ET

    LITTLE ELM, Texas _ Retractable Technologies Inc. on Wednesday reported fourth-quarter net income of $702,000, after reporting a loss in the same period a year earlier. The Little Elm, Texas- based company said it had net income of 2 cents per share. Keywords: Retractable Technologies, Earnings Report.

  • Vertex Energy reports 4Q loss Wednesday, 1 Apr 2015 | 7:48 AM ET

    HOUSTON _ Vertex Energy Inc. on Wednesday reported a fourth-quarter loss of $11.5 million, after reporting a profit in the same period a year earlier. The Houston- based company said it had a loss of 47 cents per share. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

  • Simon calls off $16.8B bid to create mall colossus Wednesday, 1 Apr 2015 | 6:43 AM ET

    INDIANAPOLIS— Simon Property Group is calling off its hostile $16.8 billion takeover bid for Macerich, which would have tied together two of the nation's largest mall operators. The Indianapolis company upped its bid two weeks ago to $95.50 per share from $91, calling that its best and final offer and giving Macerich an April 1 deadline to respond.

  • SYDNEY, April 1- A half-decade after insulating Australia from the worst of the global financial crisis, the mining state of Western Australia is for the first time being forced to defer much-needed royalties as iron ore prices plummet. Western Australia- five times the size of Texas- counts on royalties from mining companies for tens of thousands of jobs and...

  • A look at microbrewery laws being considered nationwide Wednesday, 1 Apr 2015 | 3:42 AM ET

    Doug Ducey signed a bill Tuesday that allows microbreweries to make up to 6.2 million gallons of beer per year, removing the old limit of 1.2 million gallons. That is an issue for Arizona- based Four Peaks Brewing Company, a growing player in the industry. Wyoming lawmakers passed legislation in February allowing microbreweries to expand annual production from...

  • WASHINGTON, April 1- Several Republican governors likely to run for president have secured hundreds millions of dollars under Obamacare while working to dismantle the healthcare law, according to a Reuters review of federal spending records. Governors Scott Walker of Wisconsin, Chris Christie of New Jersey, Bobby Jindal of Louisiana and former Texas...

  • SAN DIEGO— With the American Pharmacists Association taking a stance this week, the medical community is now united in its opposition to playing any role in capital punishment killings. "What happens in the course of an execution can be extremely ugly and excruciatingly painful," said Cheryl Pilate, a Kansas City, Missouri, attorney who has represented two...

  • Willbros reports 4Q loss Tuesday, 31 Mar 2015 | 6:36 PM ET

    HOUSTON _ Willbros Group Inc. on Tuesday reported a fourth-quarter loss of $36 million, after reporting a profit in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share. Willbros expects full-year revenue in the range of $1.4 billion to $1.6 billion.

  • NEW YORK, March 31- Intercontinental Exchange Inc's NYSE Arca had a technical glitch on Tuesday that resulted in some of the most popular exchange-traded funds being temporarily unavailable for trading and some investors paying more for stocks than they otherwise may have. ETFs have exploded in popularity over the past decade, making up 25-30 percent of all...