A US judge rejected a bid to compel GM to tell customers to stop driving millions of cars that have been recalled for defective ignition switches.» Read More
Mark Karpeles, the CEO of Mt. Gox, said he would not come to the US to answer questions about the Japanese bitcoin exchange's U.S. bankruptcy case
Democrats are split between environmentalists and business and labor groups, with the proposed Canada- to- Texas oil pipeline a major wedge.
An indefinite extension of the government's review of the contentious oil pipeline, announced late Friday by the State Department, almost certainly pushes a final decision past the November elections, keeping the project in a politically expedient holding pattern.
The U.S. plans small ground-force exercises amid Russia's military operations in and near Ukraine.
President Barack Obama has said he will have the final say on whether to allow the pipeline connecting Canada's oil sands region to Texas refiners, and several government agencies had been given until May to weigh in.
April 14- Mark Karpeles, the chief executive of Mt. Gox lawyers cited a subpoena from the U.S. Department of Treasury's Financial Crimes Enforcement Network, which has closely monitored virtual currencies like bitcoin. The court papers also said a Japanese court had been informed of the issue and that a hearing was scheduled on Tuesday in Japan.
DALLAS— A federal judge has rejected an attempt by American Airlines to quickly cut off benefits for many of its retirees. On Friday, U.S. Bankruptcy Court Judge Sean Lane in New York rejected a request made by American's former parent, AMR Corp., for the right to immediately eliminate retiree benefits for former pilots, flight attendants and other union workers.
BISMARCK, N.D.— Canadian Pacific Railway told a federal oversight board Friday that moving fertilizer for spring planting does not present a "significant challenge" for the railroad.
The Keystone XL pipeline government comment period has been extended, a move that likely postpones a final decision until after the mid-term elections.
In a surprise announcement Friday as Washington was winding down for Easter, the State Department said federal agencies will have more time to weigh in on the politically fraught decision— but declined to say how much longer.
WASHINGTON, April 18- The U.S. State Department will on Friday extend the government comment period on the Keystone XL pipeline, said sources familiar with the plans, likely postponing a final decision on the controversial project until after the Nov. 4 midterm elections.
OKLAHOMA CITY— A memorial and museum built to remember the worst act of domestic terrorism on American soil is in the midst of a $7 million upgrade so it can better portray how different the world was when Timothy McVeigh blew up the Oklahoma City federal building 19 years ago Saturday.
NEW YORK— Independent power producer Calpine said Friday will sell six power plants in the Southeast to LS Power for $1.57 billion.
COLCHESTER, Vt.— A bunch of kids in a minivan are solving twin challenges in northern Vermont: refugees struggling to find the food of their homelands and farmers looking to offload unwanted livestock.
OKLAHOMA CITY— Oklahoma-based Sonic Corp. plans to open 1,000 new drive-in restaurants nationwide over the next 10 years, expanding the chain by about 30 percent, the company said.
AUSTIN, Texas— The strength of the Texas economy combined with a growing labor force contributed to a 5.5 percent March unemployment rate, the Texas Workforce Commission reported Friday. The latest seasonally adjusted jobless rate for Texas compares to a 6.7 percent nationwide jobless rate during March.
SAN FRANCISCO, April 17- A U.S. judge on Thursday rejected a request by patent consortium Rockstar to transfer patent litigation from Google Inc's home turf in California to Texas, according to a court ruling.
SAN FRANCISCO, April 17- A federal judge in California on Thursday rejected a request by patent consortium Rockstar to transfer patent litigation against Google Inc to Texas, according to a court ruling.
NEW YORK, April 17- Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist. These draw representatives from mainstream investment firms like T. Rowe Price, Gabelli& Co and Morgan Stanley& Co..
NEW YORK— Michaels Stores Inc. said Thursday that about 2.6 million cards, or about 7 percent of all debit and credit cards used at its namesake stores, may have been affected in a security breach. The nation's largest arts and crafts chain said its subsidiary Aaron Brothers was also attacked, with about 400,000 cards potentially affected.