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  • UPDATE 1-Electric carmaker Tesla pays off U.S. loan Wednesday, 22 May 2013 | 4:41 PM ET

    DETROIT, May 22- Electric carmaker Tesla Motors Inc on Wednesday said it has paid off its U.S. Department of Energy loan, using money raised last week in a stock and notes offering.

  • Russia doubted as growth engine for business aviation Wednesday, 22 May 2013 | 3:52 PM ET

    GENEVA, May 22- Russia, long touted as an engine of growth for the stuttering global business aviation industry, needs radical changes in its taxation and regulatory system if it is to fulfil that promise, a U.S. expert said on Wednesday.

  • Groups petition Wyo. to toughen up oil-gas rules Wednesday, 22 May 2013 | 11:39 AM ET

    CHEYENNE, Wyo.-- A coalition of groups has petitioned Wyoming's state oil and gas regulatory agency to adopt tougher rules for oil and gas development that include restrictions on practice of flaring and expanding the minimum distance between new oil and gas wells and homes, schools and businesses.

  • *Risk appetite bigger than at top Wall Street banks. LONDON, May 22- Europe's energy price manipulation probe has turned regulatory attention to secretive trading units at oil companies with huge turnover and millionaire staff with risk appetite higher than at Wall Street's biggest banks.

  • Solar industry pushes for more use in Ga. Wednesday, 22 May 2013 | 10:59 AM ET

    State utility regulators heard testimony Tuesday on the energy plans from Southern Co. subsidiary Georgia Power, which must submit new plans every three years. Advocates for the state's solar power industry and tea party leaders fault Georgia Power for not including new forms of solar energy in its planning.

  • IRS Official Denies Wrongdoing, Invokes Fifth Wednesday, 22 May 2013 | 10:48 AM ET
    Internal Revenue Service Director of Exempt Organizations Lois Lerner makes a statement during a hearing of the House Oversight and Government Reform Committee before refusing to testify to the committee May 22, 2013 in Washington, DC.

    The IRS official at the center of a tax scandal about extra scrutiny of conservative groups asserted her constitutional right not to answer questions.

  • Tax Laws and Charitable Deductions   Wednesday, 22 May 2013 | 7:52 AM ET

    Gary Parr, Lazard vice chairman, explains why he is concerned about the fate of charitable giving.

  • Are Banks Too Big to Regulate?  Wednesday, 22 May 2013 | 7:06 AM ET

    Gary Parr, Lazard vice chairman, discusses how investor activism impacts corporate governance; and explains how regulations and stricter capital controls are impacting big banks.

  • Probe Puts Spotlight on Oil Firms' Trading Desks Wednesday, 22 May 2013 | 5:55 AM ET

    Europe's energy price manipulation probe has turned regulatory attention to secretive trading units at oil companies with huge turnover and millionaire staff with risk appetite higher than at Wall Street's biggest banks.

  • *Risk appetite bigger at top Wall Street banks. LONDON, May 22- Europe's energy price manipulation probe has turned regulatory attention to secretive trading units at oil companies with huge turnover and millionaire staff with risk appetite higher than at Wall Street's biggest banks.

  • NEW YORK, May 21- U.S. prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Attorney Preet Bharara declined to comment, as did a spokesman for the Justice Department.

  • NEW YORK, May 21- U.S. prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Attorney Preet Bharara declined to comment, as did a spokesman for the Justice Department.

  • LPL to pay $9 million to settle email archive case Tuesday, 21 May 2013 | 4:53 PM ET

    WASHINGTON-- Brokerage firm LPL Financial will pay a $7.5 million fine to the Financial Industry Regulatory Authority and set aside $1.5 million to compensate clients for email system problems that kept it from retaining and retrieving millions of emails as required by law.

  • Biogen submits new MS drug for FDA approval Tuesday, 21 May 2013 | 3:13 PM ET

    WESTON, Mass.-- Specialty drugmaker Biogen Idec said Tuesday it submitted a new injectable multiple sclerosis drug to the Food and Drug Administration for U.S. market approval. The company also plans to submit the drug to the European Medicines Agency in coming weeks. Shares of Biogen Idec Inc. rose $6.15, or 2.7 percent, to close Tuesday at $231.33.

  • AcelRx pain treatment meets late-stage study goals Tuesday, 21 May 2013 | 11:30 AM ET

    REDWOOD CITY, Calif.-- Shares of AcelRx Pharmaceuticals Inc. hit an all-time high price Tuesday, after the specialty drugmaker said its NanoTab pain treatment system met its main goal in late-stage research, and the company is preparing to submit it to regulators for approval.

  • Palisades water tank repairs take to early summer Tuesday, 21 May 2013 | 11:24 AM ET

    COVERT TOWNSHIP, Mich.-- Operators of the idled Palisades Nuclear Power Plant in southwestern Michigan say repairs to a tank that leaked slightly radioactive water into Lake Michigan will take until early summer to complete. New Orleans- based Entergy Corp. idled the plant May 5 after operators found a tank leaking faster than regulations allow.

  • Xcel Energy plans biomass demo project in Colorado Tuesday, 21 May 2013 | 10:40 AM ET

    DENVER-- Xcel Energy Inc. is asking Colorado regulators to approve a demonstration project that would use forest biomass to generate electricity.

  • May 21- LPL Financial LLC must pay a total of $9 million for significant email system failures and making misstatements to Wall Street's watchdog, the regulator said on Tuesday.

  • May 21- LPL Financial LLC must pay a total of $9 million for significant email system failures and making misstatements to Wall Street's watchdog, the regulator said on Tuesday.

  • Financials in Focus: CFOs - Part 2  Tuesday, 21 May 2013 | 8:42 AM ET

    William Gerber, TD Ameritrade CFO; Tom Naratil, UBS CFO; and Timothy Sloan, Wells Fargo CFO, share their perspective on job creation and the economic recovery.