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  • The Voya Corporate Leaders Trust Fund, now run by a unit of Voya Financial Inc bought equal amounts of stock in 30 major U.S. corporations in 1935 and hasn't picked a new stock since. Some of its holdings are unchanged, including DuPont, General Electric, Procter& Gamble and Union Pacific. Others were spun off from or acquired from original components, including...

  • Now he's delighted by the idea of customers lighting them up in New York, Los Angeles and elsewhere in the United States, where Cuban cigars have been outlawed since the U.S. embargo took effect in 1962.. "It's a very beautiful thought," said a smiling Alfonso, a 78- year-old worker in the tobacco shop of the Palco Hotel in western Havana. "This is an important jump in just...

  • Andrew Hyland, scientific principal investigator on the study and chair of the department of health behavior at Roswell Park Cancer Institute, said they may be transitioning away from cigarettes, or they may be becoming more entrenched. "We were struck by the proportion of users that engaged in polyuse," Mitch Zeller, head of the Food and Drug Administration's...

  • Investigators find 32,000 emails in IRS probe Thursday, 26 Feb 2015 | 8:41 PM ET

    WASHINGTON— Investigators said Thursday they have recovered 32,000 emails related to a former IRS official at the heart of the agency's tea party scandal. Last June, the IRS told Congress it had lost an unknown number of Lerner's emails when her computer hard drive crashed in 2011.. "We recovered quite a number of emails but until we compare those to what's...

  • DIARY-Top Economic Events to March 12 Thursday, 26 Feb 2015 | 7:01 PM ET

    NEW YORK- Federal Reserve Bank of Cleveland President Loretta Mester, Federal Reserve Bank of New York President William Dudley, Federal Reserve Vice Chair Stanley Fischer, former Federal Reserve chair Ben Bernanke and Bank of Japan Deputy Governor Hiroshi Nakaso participate in the U.S. Monetary Policy Forum 2015 Annual Conference sponsored by the...

  • WASHINGTON, Feb 26- The United States and five East African countries pledged on Thursday to ease trade flows and set the stage for more U.S. investment, a program that could be extended to other parts of Africa. The agreement commits Tanzania, Kenya, Uganda, Rwanda and Burundi to cooperate with the United States in customs issues, ease red tape at borders, reduce...

  • OXON HILL, Md.— Wisconsin Gov. The likely Republican presidential contender sparked pointed criticism from labor union leaders across the country after remarks delivered on the first day of the Conservative Political Action Conference in suburban Washington. Islamic State militants have captured large parts of Iraq and neighboring Syria over the last...

  • The report could add to tensions between Washington and Beijing as they negotiate a bilateral investment treaty. China's companies feel they are singled out by Washington, which counters it doesn't discriminate against any country and the increase in reviews of Chinese investors reflects higher investment flows from them. China's Anbang Insurance Group...

  • On Thursday, Obama stepped up his campaign for expanding exports and negotiating new trade deals in Asia and Europe, a rare spot of common ground with Republicans and a raw point of friction with Democrats. Presidents have had an increasingly tough time getting that authority from Congress; Bill Clinton had to buck his party to win it and George W. Bush got it by a...

  • Feb 26- A push by three U.S. airlines to curb competition from Gulf state carriers has exposed divisions over free trade with other powerful U.S. aviation players including Boeing Co and FedEx Corp, potentially complicating the airlines' campaign for Obama administration support. Delta Air Lines Inc, United and American Airlines have asked the White House to...

  • 5 things to know about 'net neutrality' Thursday, 26 Feb 2015 | 4:54 PM ET

    WASHINGTON— Netflix, Twitter and Internet activists have won. The FCC decision was intended to make sure that the Internet as we know it doesn't change. Regulators say this was important because some providers had signaled an interest in manipulating their network traffic, potentially entering into paid deals with sites like Netflix to move their content...

  • The report could add to tensions between Washington and Beijing as they negotiate a bilateral investment treaty. Data from the Committee on Foreign Investment in the United States showed the secretive body reviewed 21 investments that were proposed by Chinese firms or individuals in 2013.. A China-U.S. investment treaty could boost the still relatively...

  • WASHINGTON— Nearly six years after the Great Recession, a clear majority of American families say they feel unprepared for a financial emergency. "Despite a steady economic recovery, many Americans continue to feel vulnerable," says Erin Currier, director of Pew's financial security and mobility project. But even among those with annual incomes of $100,000 or...

  • Puerto Rico seeks protection of federal bankruptcy code Thursday, 26 Feb 2015 | 2:28 PM ET

    The push comes after a federal judge ruled that a local debt-restructuring law pushed through last year by Puerto Rico's governor was unconstitutional. Melba Acosta, president of Puerto Rico's Government Development Bank, was among those who testified before a U.S. House Judiciary Committee hearing in Washington. Puerto Rico's delegate to Congress, Pedro...

  • WASHINGTON— Attempts to quarantine health workers returning from Ebola-stricken West Africa were a mistake, the president's bioethics advisers said Thursday. The panel examined the U.S. response to the Ebola outbreak that devastated Liberia, Sierra Leona and Guinea over the past year. "Make sure we learn from history," said University of Pennsylvania...

  • US: China is expanding its South China Sea outposts Thursday, 26 Feb 2015 | 11:58 AM ET

    WASHINGTON— China is expanding its outposts in the South China Sea to include stationing for ships and potential airfields as part of its "aggressive" effort to exert sovereignty, the U.S. intelligence chief said Thursday. His comments underscore U.S. concern over land reclamation activities that could fuel tensions between China and its neighbors over...

  • WASHINGTON— A leading House Republican claimed Thursday that he's been told of a 100- page document showing the Obama administration is preparing contingency plans in case the Supreme Court invalidates federal subsidies that help millions of Americans afford health care coverage. Joseph Pitts, R- Pa., said he had learned of the paper's existence from "a source"...

  • YOUR MONEY-The silent struggle of seniors with debt Thursday, 26 Feb 2015 | 11:06 AM ET

    NEW YORK, Feb 26- When Wanda Simpson reached retirement a couple of years ago, the Cleveland mom had an unwelcome companion: Around $25,000 in debt. New data reveal that Wanda Simpson has company- and plenty of it. Among families headed by those 55 or older, 65.4 percent are still carrying debt loads, according to the Washington, D.C.- based Employee Benefit Research...

  • Automakers hire rocket firm to probe air bag problems Thursday, 26 Feb 2015 | 10:43 AM ET

    Ten automakers whose vehicles have been recalled because of problems with Takata Corp. air bags said Thursday they have jointly hired Orbital ATK to figure out the problem. Air bags inflators made by Takata of Japan can explode with too much force, sending shrapnel into car and truck cabins. So far, about 17 million cars and trucks have been recalled in the U.S. and...

  • Average US rate on 30-year mortgage rises to 3.80 percent Thursday, 26 Feb 2015 | 10:28 AM ET

    WASHINGTON— Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013. Mortgage company Freddie Mac said Thursday the nationwide average for a 30- year mortgage rose to 3.80 percent from 3.76 percent last week. In testimony before Congress this week, Fed Chair Janet...