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  • *Appomattox project set to start production by end of decade. LONDON, July 1- Royal Dutch Shell has given the green light for the development of its largest platform in the Gulf of Mexico after making steep cost cuts which made the deep water project economical despite low oil prices. The decision to pour billions of dollars into the Appomattox project comes as...

  • The U.S. Supreme Court Building in Washington.

    After SCOTUS said it would revisit an affirmative action case, colleges expressed concerns about the potential costs of replacing diversity programs.

  • BASSETT, Va. _ Bassett Furniture Industries Inc. on Wednesday reported fiscal second-quarter net income of $4.5 million. On a per-share basis, the Bassett, Virginia- based company said it had net income of 42 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • ATLANTA— Just days after a historic U.S. Supreme Court decision on same-sex marriage, Indiana's religious freedom law took effect Wednesday amid an ongoing national debate over gay rights and religious objections. Indiana's Religious Freedom Restoration Act, which sparked protests and boycott threats earlier this year before being quickly revised, is...

  • ALEXANDRIA, Va.— VMware Inc. and Carahsoft Technology Corporation have agreed to pay $75.5 million to settle claims they overcharged the government. VMware, a Delaware corporation headquartered in Palo Alto, California, specializes in computer virtualization software. The settlement resolves allegations that VMware and Carahsoft made false statements...

  • As Christie eyes White House, New Jersey wants jobs Tuesday, 30 Jun 2015 | 11:32 AM ET

    NEW YORK, June 30- New Jersey Governor Chris Christie's second-in-command gave her pitch to a small crowd at a Philadelphia biotechnology convention in June with her signature move: giving out her cell phone number. "Now, no one from New Jersey! I want the guys that aren't already here in New Jersey. "

  • Willis Group joins with Towers Watson in $18B deal Tuesday, 30 Jun 2015 | 6:25 AM ET

    ARLINGTON, Va.— The insurer Willis Group Holdings PLC will tie up with Towers Watson in an all-stock deal valued at about $18 billion. Willis shareholders will own approximately 50.1 percent, and Towers Watson shareholders will own about 49.9 percent of the business. If the reverse stock split is approved by shareholders, Towers Watson shareholders will...

  • "The bombshells that have come down from Puerto Rico in the last two days have not been particularly well orchestrated," said David Tawil, co-founder and portfolio manager of New York- based Maglan Capital. Unlike Greece, Puerto Rico cannot seek emergency financing from an institution because it's a U.S. territory. He noted that if Puerto Rico were considered a...

  • CAPE CANAVERAL, Fla. June 29- SpaceX on Monday was searching for what destroyed its Falcon 9 rocket after liftoff over the weekend, leaving customers still loyal but unsure when their satellites might fly. The privately-held company, owned and operated by technology entrepreneur Elon Musk, has flown 18 successful missions with the Falcon 9 before Sunday's...

  • WASHINGTON— Trading sharp words, a deeply divided Supreme Court upheld the use of a controversial drug in lethal-injection executions Monday, even as two dissenting justices said for the first time they think it's "highly likely" the death penalty itself is unconstitutional. In the dispute over the lethal-injection drug, midazolam was used in Arizona, Ohio and...

  • MCLEAN, Va.— Gannett has completed the split of its print and broadcasting divisions into separate companies. Gannett's move follows similar maneuvers by major operators such as Time Warner Inc. and News Corp.. Gannett's publishing arm will keep the Gannett name and include USA Today, local U.S. daily publications, and Newsquest, a regional community news...

  • JUNEAU, Alaska— A team of aviation investigators has been working in a remote, mountainous site in southeast Alaska to determine what caused the crash of a sightseeing plane that killed eight cruise ship passengers and the aircraft's pilot. Seven investigators with the National Transportation Safety Board made it to the crash site on Saturday morning and are...

  • Political opposition groups gain money for 2016 race Monday, 29 Jun 2015 | 3:08 AM ET

    WASHINGTON— It was the perfect loop: The Republican opposition research group America Rising finds footage of Democratic Senate candidate Bruce Braley in agriculture-loving Iowa, seeming to put down the intelligence of farmers. So does America Rising, which used that episode in Iowa last year to show prospective clients and donors what it can do.

  • An unmanned SpaceX rocket carrying supplies to the International Space Station broke apart Sunday shortly after liftoff. "We're good from a food and water standpoint," NASA's top spaceflight official, William Gerstenmaier said at a press conference. This puts added pressure on another resupply launch scheduled for Friday by Russia, its first attempt since...

  • WASHINGTON— The country finally has an opportunity to change the subject on health care, after the Supreme Court again upheld President Barack Obama's law. But moving on will take time, partly because many Republicans want another chance to repeal the Affordable Care Act if they win the White House and both chambers of Congress next year. "The politics of this has...

  • USDA proposes healthier fare for child, adult day cares Saturday, 27 Jun 2015 | 10:43 AM ET

    About 3.8 million young children are fed daily through the Child and Adult Care Food Program, which primarily reimburses day-care providers, and also provides food for children in emergency shelters and pays for after-school meals or snacks in areas where at least half the students qualify for free- or reduced-price lunches. Millions of more affluent...

  • JUNEAU, Alaska— A team of aviation investigators is now working in a remote, mountainous site in southeast Alaska to determine what caused the crash of a sightseeing plane that killed eight cruise ship passengers and the aircraft's pilot. Seven investigators with the National Transportation Safety Board made it to the crash site on Saturday morning and are...

  • Investigators at Alaska site of plane crash that killed 9 Saturday, 27 Jun 2015 | 12:47 AM ET

    JUNEAU, Alaska— A team of aviation investigators is now working in a remote, mountainous site in southeast Alaska to determine what caused the crash of a sightseeing plane that killed eight cruise ship passengers and the aircraft's pilot. Seven investigators with the National Transportation Safety Board made it to the crash site on Saturday morning and are...

  • It raised $150 million after selling 10 million units at $15 per unit, below its expected range. Much of the money raised will go to its parent company, Green Plains Inc. Units of Green Plains Partners LP, which are traded on the Nasdaq exchange under the symbol "GPP," rose 23 cents, or 1.5 percent, to $15.23 in afternoon trading. Seres Therapeutics Inc., based in...

  • CAPE CANAVERAL, Fla.— SpaceX stands ready to launch a much-needed load of supplies to the International Space Station this weekend on the heels of a failed supply run by Russia. Besides food and experiments, the Dragon cargo ship ordered up by NASA holds a new docking port, or parking place, for future commercial crew capsules. In October, an Orbital Sciences Corp....