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  • NEW YORK— Allstate will start insuring drivers who pick up passengers through ride-hailing apps like Uber and Lyft. The insurer said Wednesday that the Ride for Hire policy will cost $15 to $20 a year on average and will provide coverage for drivers who get into accidents while they are on the way to pick up new fares. Allstate Corp. will offer Ride for Hire...

  • CHARLESTON, W.Va.— Blackhawk Mining LLC is offering to buy most of bankrupt Patriot Coal Corp.' s assets. Patriot has eight active mining complexes in West Virginia and employs about 2,900 people, most of them non-union. The Blackhawk proposal doesn't involve Patriot's Federal No. 2 mine in northern West Virginia.

  • SAO PAULO, June 3- Nextel operator NII Holdings Inc is stepping up investment in Brazil to expand its tiny share of the mobile telephone market and has no plans to sell out despite an economic slowdown, its chief operating officer said. The downsized company will plow into Brazil a good part of the resources generated by the recent $1.8 billion sale of its Mexican...

  • Health care enrollments by state Tuesday, 2 Jun 2015 | 5:02 PM ET

    Source: U.S. Department of Health and Human Services.

  • Geeknet ends deal with Hot Topic, takes GameStop offer Tuesday, 2 Jun 2015 | 10:06 AM ET

    GRAPEVINE, Texas— Geeknet, parent company of ThinkGeek and ThinkGeek Solutions, has ended its agreement to be purchased by Hot Topic so it can accept a higher bid from video game retailer GameStop. Geeknet Inc. announced Tuesday that GameStop will pay $20 per share, or about $134.6 million. Geeknet said Tuesday that after talks with GameStop and Hot Topic, its...

  • Alcoa invests in facility to meet jet engine demand Tuesday, 2 Jun 2015 | 8:53 AM ET

    NEW YORK— Alcoa Inc. is investing $22 million in a Michigan plant so it can meet demand for jet engines. New York- based Alcoa expects the new technology at the Whitehall, Michigan, plant will be ready for product qualification in 2016.. Through expansions in LaPorte, Indiana, and Hampton, Virginia, and by expanding its 3- D printing capabilities, Alcoa is extending...

  • American Woodmark posts 4Q profit Tuesday, 2 Jun 2015 | 6:51 AM ET

    WINCHESTER, Va. _ American Woodmark Corp. on Tuesday reported fiscal fourth-quarter profit of $11.3 million. On a per-share basis, the Winchester, Virginia- based company said it had profit of 69 cents. American Woodmark shares have risen 26 percent since the beginning of the year.

  • WASHINGTON— The FBI is operating a small air force with scores of low-flying planes across the country carrying video and, at times, cellphone surveillance technology— all hidden behind fictitious companies that are fronts for the government, The Associated Press has learned. The planes' surveillance equipment is generally used without a judge's approval,...

  • Gannett buys El Paso Times, 6 New Mexico papers Monday, 1 Jun 2015 | 12:58 PM ET

    ALBUQUERQUE, N.M.— Gannett Co., Inc. has purchased 11 media organizations from Digital First Media 11, including the remaining majority interest in the Texas-New Mexico Newspapers Partnership, Gannett announced Monday. "We are very pleased to welcome these well-respected media organizations to U.S. Community Publishing as we further our efforts to expand...

  • CHARLESTON, W.Va.— Three coal-fired power plants in West Virginia have shut down operations in a previously announced move. Appalachian Power's Kanawha River Power Station at Glasgow, the Kammer Power Station near Moundsville and the Phillip Sporn Power Station at New Haven were closed Sunday. Appalachian Power had announced in 2011 that it planned to close...

  • NEW YORK— Dollar Tree said Friday that it has agreed to sell 330 of its stores to the private equity firm Sycamore Partners in order to get regulatory approval for its $8.5 billion purchase of Family Dollar. The Federal Trade Commission required Dollar Tree to sell the stores before it would sign off on the Family Dollar acquisition. Dollar Tree prices all items...

  • CHICAGO— For the first time, a major study shows that a drug targeting the body's disease-fighting immune system may improve survival for the most common form of lung cancer. Doctors also may have found a way to help predict which patients would respond best to one of these newer treatments, according to research presented at the Chicago meeting.

  • EPlus posts 4Q profit Thursday, 28 May 2015 | 4:24 PM ET

    HERNDON, Va. _ EPlus Inc. on Thursday reported fiscal fourth-quarter profit of $8.9 million. The Herndon, Virginia- based company said it had profit of $1.22 per share. EPlus shares have climbed 12 percent since the beginning of the year.

  • May 28- Alpha Natural Resources Inc must pay for the legal defense of Donald Blankenship, who is facing a criminal trial over a coal mining disaster in 2010, when he headed Alpha's Massey Energy Co business, a Delaware judge ruled on Thursday. The indictment also said that after the explosion, he misled the U.S. Securities and Exchange Commission about Massey's...

  • J.D. Power buying used auto guides business Thursday, 28 May 2015 | 11:49 AM ET

    NEW YORK— Marketing information company J.D. Power and Associates will buy the National Automobile Dealers Association's used car guide business for an undisclosed amount. J.D. Power is a unit of New York- based McGraw Hill Financial Inc.. "Benchmarks are a key to the McGraw Hill Financial business model and the National Automobile Dealers Association used car...

  • Orbital ATK beats 4Q profit forecasts Thursday, 28 May 2015 | 8:09 AM ET

    ARLINGTON, Va. _ Orbital ATK Inc. on Thursday reported fiscal fourth-quarter profit of $67.5 million. Orbital ATK expects full-year earnings to be $4.40 to $4.60 per share, with revenue in the range of $4.35 billion to $4.45 billion. Orbital ATK shares have fallen 34 percent since the beginning of the year.

  • NEW YORK— Geeknet, which announced Tuesday it would be acquired by retailer Hot Topic, said Wednesday it received a new and higher offer. Geeknet Inc. said it will review the new offer. Shares of Geeknet closed at $7.90 on Friday.

  • Health law court case winner could be political loser Wednesday, 27 May 2015 | 1:13 PM ET

    WASHINGTON— The party that wins the impending Supreme Court decision on President Barack Obama's health care law could be the political loser. If the Republican-backed challenge to the law's subsidies for lower-earning Americans prevails, the GOP would have achieved a paramount goal of severely damaging "Obamacare." Tom Davis, R- Va., who once led the House GOP...

  • NEW YORK— Amazon is hiring 6,000 full-time workers to staff up across its more than 50 distribution centers in the U.S. Its $99 annual Prime membership service comes with free two-day delivery on many items. The Seattle- based company employed about 154,100 full-time and part-time workers in total at the end of 2014..

  • Supreme Court sides with KBR in false claims dispute Tuesday, 26 May 2015 | 10:47 AM ET

    WASHINGTON— The Supreme Court has ruled in favor of defense contractor KBR Inc. in a whistleblower lawsuit over claims that the company overbilled the government for work in Iraq. The justices ruled unanimously Tuesday that former KBR employee Benjamin Carter waited too long to file a suit alleging that the company had fraudulently billed the government...