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  • HARRISBURG, Pa.— For the second time in two years, the Pennsylvania House of Representatives on Thursday sent a proposal to privatize the operations of much of the state-controlled wine and liquor store system, but it faces an uncertain fate and is challenged as a long-term fiscal loser for the state government. "It has been way too long in Pennsylvania."

  • NEWARK, N.J.— A former Democratic power broker sold his political influence in schemes including one that involved a multibillion-dollar megamall project that has languished for more than a decade at New Jersey's Meadowlands sports complex, a federal prosecutor told jurors Thursday at the start of Joseph Ferriero's racketeering trial.

  • WILLISTON, N.D., Feb 25- Senator Heidi Heitkamp of North Dakota will re-introduce legislation on Thursday designed to encourage the development of clean coal technologies that could keep the fuel a key source of American power generation. The bill, which is likely to be popular in the Republican-controlled U.S. Senate but face opposition from the White House,...

  • $100M settlement for hundreds in Florida tobacco lawsuits Wednesday, 25 Feb 2015 | 10:52 AM ET

    MIAMI— A $100 million settlement has been reached between three major tobacco companies and hundreds of people who sued them for smoking-related deaths and illnesses in Florida federal court. The tentative agreement announced Wednesday involves R.J. Reynolds Tobacco Co., Philip Morris USA Inc. and Lorillard Tobacco Co. The deal resolves about 400 cases...

  • Regulators punt decision on allowing ride-booking service Wednesday, 25 Feb 2015 | 10:37 AM ET

    ALBUQUERQUE, N.M.— After a heated meeting and charges of holding an illegal hearing, New Mexico regulators tabled a decision Wednesday to allow ride-booking service Lyft to operate in the state while lawmakers debate the future of such companies. The Public Regulation Commission voted not to issue a ruling on San Francisco- based Lyft's request to function in...

  • Eastern Virginia Bankshares posts 4Q profit Wednesday, 25 Feb 2015 | 9:36 AM ET

    TAPPAHANNOCK, Va. _ Eastern Virginia Bankshares Inc. on Wednesday reported fourth-quarter profit of $731,000. Eastern Virginia Bankshares shares have dropped 4 percent since the beginning of the year. Keywords: Eastern Virginia Bankshares, Earnings Report.

  • Dollar Tree rises after reporting solid result in 4Q Wednesday, 25 Feb 2015 | 7:39 AM ET

    CHESAPEAKE, Va.— Shares of Dollar Tree Inc. traded higher Wednesday after the retailer posted solid fourth-quarter results. Dollar Tree said antitrust regulators have not cleared its pending purchase of competitor Family Dollar, but the company said it still expects to sell off no more than 300 stores. Dollar Tree said its net income totaled $206.6 million, or...

  • Lumber Liquidators warns of possible criminal charges Wednesday, 25 Feb 2015 | 7:12 AM ET

    TOANO, Va.— Lumber Liquidators shares plummeted Wednesday after the floor retailer warned it may face criminal charges and be the subject of an upcoming "60 Minutes" segment. Lumber Liquidators said in a filing with the Securities and Exchange Commission that the U.S. Department of Justice may seek criminal charges under the Lacey Act, which prohibits importing,...

  • Feb 24- Technology consultant Computer Sciences Corp drew buyout interest from French consulting company Cap Gemini SA and private equity firm Carlyle Group LP, according to people familiar with the matter. Talks between CSC and the consortium of Cap Gemini and Carlyle started late last year but have since fizzled, the sources said on Tuesday.

  • Gladstone reports 4Q results Tuesday, 24 Feb 2015 | 7:54 PM ET

    MCLEAN, Va. _ Gladstone Land Corp. on Tuesday reported a key measure of profitability in its fourth quarter, after reporting a loss in the same period a year earlier. The real estate investment trust, based in McLean, Virginia, said it had funds from operations of $1.2 million, or 16 cents per share, in the period. The company said it had net income of $55,000, or 1 cent per...

  • NEW YORK, Feb 24- A CSX Corp rail line in West Virginia remained shut following an explosive oil train derailment on Feb. 16 that damaged the roadbed and tracks, though the type of work required to return the line to service could be completed "in days," a CSX spokeswoman said Tuesday. CSX has rerouted trains carrying oil on the line that runs from North Dakota to an oil...

  • State-by-state breakdown of used cars with open recalls Tuesday, 24 Feb 2015 | 12:18 PM ET

    Carfax, a company that sells vehicle history reports to dealers and car buyers, searched recalls and state registration databases and found that more than 46 million cars are on U.S. roads with recalled parts that have yet to be repaired. Here is a state-by-state breakdown of cars with unfixed recalls in 2014:. Source: Study of 2014 state registration data by...

  • Sotherly Hotels reports 4Q results Tuesday, 24 Feb 2015 | 11:58 AM ET

    WILLIAMSBURG, Va. _ Sotherly Hotels Inc. on Tuesday reported a key measure of profitability in its fourth quarter. The Williamsburg, Virginia- based real estate investment trust said it had funds from operations of $2 million, or 15 cents per share, in the period. Sotherly Hotels expects full-year funds from operations in the range of $1.20 to $1.28 per share, with...

  • Trex beats Street 4Q forecasts Tuesday, 24 Feb 2015 | 11:58 AM ET

    WINCHESTER, Va. _ Trex Co. on Tuesday reported fourth-quarter earnings of $5.2 million. For the current quarter ending in March, Trex said it expects revenue in the range of $120 million. Trex shares have climbed 9 percent since the beginning of the year.

  • Continental beats 4Q profit forecasts Monday, 23 Feb 2015 | 4:15 PM ET

    HERNDON, Va. _ Continental Building Products Inc. on Monday reported fourth-quarter earnings of $10.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON— The Supreme Court next week hears a challenge to President Barack Obama's health care overhaul that hinges on just four words in the massive law that seeks to dramatically reduce the ranks of the uninsured. The argument threatens subsidies that help make insurance affordable to consumers in about three dozen states. Q. Would Congress have...

  • NEW YORK, Feb 23- A cleanup was continuing in the Kanawha River in West Virginia on Sunday after an oil spill last week following the derailment of a CSX Corp train, though drinking water was not affected, the company and federal officials said. Twenty seven of the train's 109 cars carrying 3.1 million gallons of crude oil from North Dakota to Virginia came off the...

  • NEW ORLEANS— A free-speech appeal from tour guides in New Orleans who object to the city's requirement that they be licensed was rejected Monday by the U.S. Supreme Court. To get a license, guides must submit to background checks and take a test on New Orleans history and culture. Reaction among tour guides in New Orleans was mixed.

  • The companies in the case include Richmond, Virginia- based Altria Group Inc., owner of the biggest U.S. tobacco company, Philip Morris USA; No. 2 cigarette maker, R.J. Reynolds Tobacco Co., owned by Winston-Salem, North Carolina- based Reynolds American Inc.; and No. 3 cigarette maker Lorillard Inc., based in Greensboro, North Carolina. The preamble to the ads says a "...

  • The bank is making it harder for brokers to take some of their clients with them when they leave Merrill Lynch- specifically, clients that were referred to the broker by a Bank of America branch. The original 2004 signers were Merrill Lynch, UBS AG and Smith Barney, then part of Citigroup Inc, and more than 1,200 brokerages have since signed onto the pact known among...