As relations between Russia and the U.S. turn frosty, Ketchum, a division of Omnicom, finds itself walking an increasingly fine line.» Read More
WASHINGTON— Cuts to the nation's food stamp program enacted this year are only affecting four states, far from the sweeping overhaul that Republicans had pushed, an Associated Press review has found. As a result, it's unclear whether the law will realize the estimated $8.6 billion in savings over 10 years that the GOP had advertised.
DENVER— Tired of Cheech& Chong pot jokes and ominous anti-drug campaigns, the marijuana industry and activists are starting an ad blitz in Colorado aimed at promoting moderation and the safe consumption of pot.
NEW YORK, Sept 16- For all of those waiting for a correction in U.S. stocks, here's the news: you may have already missed it.
CAPE CANAVERAL, Florida— NASA is a giant step closer to launching Americans again from U.S. soil. On Tuesday, the space agency picked Boeing and SpaceX to transport astronauts to the International Space Station in the next few years.
DUBAI, Sept 16- Investcorp, an alternative investment manager based in Bahrain, said on Tuesday it had acquired a portfolio of office and industrial property assets in three cities in the United States for around $250 million. The purchases, done in separate transactions, were completed by the firm's U.S.-based real estate arm, a statement from Investcorp said.
Industry analysts expect strong growth as the housing market improves, particularly in once hard-hit Sun Belt areas including Phoenix, Miami and San Diego, California, and aging Americans find value in growing old in their homes. They are also being boosted by high-appreciation, gentrifying neighborhoods in older cities such as New York's Brooklyn borough.
But with seasonal workers scarce across the Yakima Valley, Cervantes last week unloaded hop vines by hand into the picking machine, an exhausting, dusty, entry-level task.
BILLINGS, Mont.— Coal companies have finalized a deal that consolidates ownership of a Montana mine and gives a Wyoming company an option to export coal through Washington state. Ambre Energy and Cloud Peak Energy announced in a joint statement Monday that the deal involving the 120- worker Decker mine closed Sept. 12.
STOCKHOLM, Sept 15- Microsoft Corp said on Monday it has agreed to acquire Stockholm- based games developer Mojang and the company's wildly popular Minecraft video game franchise for $2.5 billion.
*Gazprom Neft sticks to plans at the field, by 2020 as a whole. PRIRAZLOMNAYA OIL PLATFORM, Russia, Sept 15- G azprom Neft, the oil arm of Russian state gas company Gazprom, may turn to alternative equipment providers to meet production targets at its Prirazlomnoye oil field in the Arctic, after Western sanctions restricted access to existing suppliers.
WASHINGTON— Income inequality is taking a toll on state governments. "Rising income inequality is not just a social issue," said Gabriel Petek, the S&P credit analyst who wrote the report. Stagnant pay for most people has compounded the pressure on states to preserve funding for education, highways and social programs such as Medicaid.
SPOKANE, Wash.— Washington State University's board of regents on Friday unanimously approved the administration's controversial effort to start a new medical school in Spokane, citing the "dire need" for more doctors in the state.
REDWOOD CITY, Calif.— A company headed by Microsoft co-founder Paul Allen has filed a lawsuit in the San Francisco Bay Area over a World War II-era German tank it says it paid $2.5 million for but never received. After his death, his family turned them over to the Massachusetts- based Collings Foundation, which put some of them up for auction in Portola Valley in July.
SAN DIEGO— Body odor is among 52 criteria that officials at San Diego International Airport use to judge taxi drivers. A 2013 survey of 331 drivers by San Diego State University and Center on Policy Initiatives found 94 percent were immigrants and 65 percent were from East Africa.
WASHINGTON— Working to combat an increasingly lucrative crime that crosses national boundaries, Justice Department officials are pressing for a new law to help them prosecute criminals overseas who traffic in stolen credit cards.
NEW YORK, Sept 12- Kenny G, the best-selling jazz musician who once played at President Bill Clinton's inaugural ball, wakes up every morning to Starbucks. Instead, the man whose real name is Kenny Gorelick obsessively checks the company's stock price.
SEATTLE— Environmental groups sued the U.S. Department of Transportation on Thursday over the shipment of volatile crude oil in older railroad tank cars. That petition sought an emergency order to prohibit crude oil from the Bakken region of North Dakota and Montana and elsewhere from being carried in older tank cars, known as DOT-111s.
SEATTLE— Lawyers for the Russian man charged with hacking into the computer systems of businesses throughout the U.S. have asked a federal judge in Seattle to hold a hearing as soon as possible so they can make their case for moving Roman Seleznev out of a Special Housing Unit. The Russian Foreign Ministry has accused the U.S. government of kidnapping Seleznev.
WASHINGTON, Sept 10- U.S. businesses that rely on the Export-Import Bank for financing are uneasy about a Republican plan for a nine-month extension of the bank's charter, fearing uncertainty about the lender's future could put them at a disadvantage against overseas competitors.
Shipping rates are 90 percent higher than they were in 2002, but service has drastically diminished, said Calvin Dooley, president of the American Chemistry Council.