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  • HOUSTON, Feb 1- Union workers took to picket lines on Sunday after strikes were called at nine U.S. refineries and chemical plants in a bid to pressure oil companies to agree to a new national contract covering workers at 63 plants. The United Steelworkers union said Royal Dutch Shell Plc, the lead industry negotiator, halted talks after the union rejected a fifth...

  • The United Steelworkers Union called for its refinery workers to stage their largest walkout in more 30 years Sunday, saying its negotiations with Shell Oil Co. broke down less than two weeks after they began. The union asked about 3,800 workers at nine refineries mostly in Texas and California to strike shortly after their previous contract expired after...

  • The share of people in each state who reported taking out a payday loan in the past five years, which ranged from 1 percent to 13 percent, according to a 2012 survey by Pew Charitable Trusts. Because the Pew survey was only conducted in the continental U.S., the figures do not include Alaska or Hawaii. In cases where states had too few survey respondents, the percentage...

  • And the next likely regional Fed presidents are... Sunday, 1 Feb 2015 | 3:36 AM ET
    Matthew Rutherford, assistant secretary for financial markets at the U.S. Treasury

    A U.S. Treasury official and a director at the New York Federal Reserve are among those who have been considered to replace two hawkish Fed policymakers, according to people familiar with the searches.

  • The evidence even suggests they were annoyed that their assignment wasn't more like a James Bond film. Russian Foreign Ministry spokesman Alexander Lukashevich countered by accusing U.S. authorities of manufacturing a spy scandal as part of its "anti-Russian campaign." Annemarie McAvoy, a Fordham Law professor and former federal prosecutor, said the latest...

  • HOUSTON, Jan 31- Union leaders and oil companies were unable to agree on a new labor accord on Saturday for workers at 63 U.S. refineries as a deadline passed that could lead to a strike. Royal Dutch Shell Plc, the lead negotiator for U.S. refinery owners, has said it does not comment on details of labor negotiations. "We remain committed to resolving our differences...

  • Union strikes at 9 US refineries amid contract war Sunday, 1 Feb 2015 | 12:04 AM ET
    The U.S. flag is displayed at Tesoro's oil refinery in Los Angeles, Calif.

    Union leaders called strikes on Sunday at nine U.S. refineries in a bid to pressure oil companies to agree to a new national contract covering workers at 63 plants.

  • HOUSTON, Jan 31- Union negotiators rejected the latest offer from oil companies covering workers at 63 U.S. refineries on Saturday night, just hours before a strike deadline, according to a message sent to union members. This is the fourth contract proposal rejected by the USW since negotiations for a new three-year agreement began on Jan. 21.

  • The Exxon Mobil Corp refinery in Beaumont, Texas, received a strike notice on Friday night, according to the company. The Beaumont plant was the only Exxon refinery to receive a notice. Royal Dutch Shell Plc and Motiva Enterprises refineries have not received strike notices, a spokesman said on Saturday.

  • HOUSTON, Jan 31- The United Steelworkers union issued notices of a possible strike to several U.S. refineries on Friday night as the current national contract was set to expire at 12:01 a.m. on Sunday, sources familiar with the notices said on Saturday. The Exxon Mobil refinery in Beaumont, Texas, received a strike notice on Friday, according to a press release...

  • US recalls 2.1M vehicles in new air bag issue Saturday, 31 Jan 2015 | 12:13 PM ET
    2003-2004 Toyota Corolla S

    The auto industry's troubles deepened as regulators said automakers will recall about 2.1 million older vehicles to fix airbag defects.

  • Toyota Motor Corp, Fiat Chrysler Automobiles NV and Honda Motor Co have issued three earlier recalls to fix problems with a defective chip in the affected airbag systems. The latest air bag recalls were not related to a wider issue involving millions of vehicles recalled over Takata Corp air bags. U.S. safety regulators have said defective Takata air bag...

  • Counties want to weigh in on pipeline permitting process Saturday, 31 Jan 2015 | 11:28 AM ET

    SIOUX FALLS, S.D.— South Dakota counties that would be affected by a proposed pipeline to carry oil from western North Dakota to refineries in eastern states want to weigh in on the state's decision to approve the project. "We've got a lot of serious issues to work out, and we haven't gotten a lot of good answers," said Lincoln County Commissioner Jim Schmidt, who was...

  • The government says more than 2 million Toyota, Chrysler and Honda vehicles need a second fix for air bags that may inadvertently inflate while the car is running. Carmakers originally tried to fix the defects by partially replacing the electronic control unit, made by TRW Automotive Holdings Corp. of Livonia, Mich., but that fix didn't always work.

  • Final decisions are not imminent in the efforts to find successors to Philadelphia Fed President Charles Plosser, who steps down March 1, and Richard Fisher of the Dallas Fed, who retires on March 19. James McAndrews, who heads up research at the neighboring New York Fed, was considered for the job in Philadelphia, where he once worked. Regular golfing partners,...

  • WASHINGTON, Jan 30- Food distributor Sysco Corp and its biggest rival, US Foods Inc, have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed on the matter told Reuters. The deal, proposed in December 2013, is seen as problematic because Sysco and US Foods are...

  • IRVING, Texas— Exxon Mobil Corp. has updated its corporate policies to protect employees from discrimination for sexual orientation or gender identity. Spokesman Allan Jeffers said Friday that the Irving, Texas- based oil giant added these protections to comply with federal law. Exxon Mobil, which has federal contracts worth millions of dollars, had said it...

  • The largest IPO of the bunch, surpassing even Shake Shack, was InfraREIT Inc. The company's offering priced above expectations and raised $460 million before expenses, sending the shares higher in afternoon trading. Its IPO of 20 million shares priced at $23 per share, and the stock gained $3.60, or 15.7 percent, to $26.60. Spark Therapeutics Inc. is studying gene...

  • DETROIT, Jan 30- The United Auto Workers union and Navistar International Corp have reached a tentative four-year contract agreement, the union said on Friday. Workers at Navistar, a vehicle and engine manufacturer, will now vote on whether to accept the terms of the contract, which were not released publicly. There are 1,800 UAW-represented Navistar workers in...

  • Lawsuit: Exploding air bag killed Texas man Friday, 30 Jan 2015 | 4:20 PM ET

    HOUSTON— The family of a Texas man who died in a minor traffic accident is alleging in a lawsuit that their loved one is the latest person to be killed by shrapnel shooting out of exploding air bags made by Takata Corp. of Japan. Carlos Solis, 35, died on Jan. 18 in a minor crash in a Houston suburb. Takata is under fire for air bag inflators that can explode, shooting out...