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  • WASHINGTON— The Justice Department on Wednesday announced revised guidelines for obtaining records from the news media during criminal leak investigations, removing language that news organizations said was ambiguous and requiring additional levels of review before a journalist can be subpoenaed. The Justice Department released its new guidelines...

  • FDA approves appetite-zapping implant for obese patients Wednesday, 14 Jan 2015 | 11:32 AM ET

    Shares of EnteroMedics rose in trading Wednesday after the Food and Drug Administration said it approved the device for certain patients who are severely obese. The FDA approved the device for patients 18 and older who have been unable to lose weight via a supervised weight-loss program and have a body mass index of 35 to 40 with one other obesity-related...

  • WASHINGTON, Jan 14- The U.S. Food and Drug Administration said on Wednesday it has approved a new device to treat obesity, the first since 2007, sending shares of its maker, EnteroMedics Inc, up as much as 74 percent. Known as the Maestro Rechargeable System, the device controls hunger and feelings of fullness by targeting the nerve pathway between the brain and the...

  • FBI beefs up resources against foreign corruption Wednesday, 14 Jan 2015 | 11:12 AM ET

    WASHINGTON— The FBI is stepping up efforts against international corruption, creating new squads to search for cases of bribery that are rooted overseas but reach to the United States, law enforcement officials said. The three squads, based in the FBI's largest field offices, will concentrate on a crime that the Justice Department has identified as a key...

  • FDA approves EnteroMedics' novel device to treat obesity Wednesday, 14 Jan 2015 | 10:47 AM ET

    WASHINGTON, Jan 14- The U.S. Food and Drug Administration said on Wednesday it has approved a new device to treat obesity, the first since 2007.. Known as the Maestro Rechargeable System, the device, made by EnteroMedics Inc, controls hunger and feelings of fullness by targeting the nerve pathway between the brain and the stomach. But an FDA advisory panel...

  • NEW YORK, Jan 14- The U.S. 30- year Treasuries yield fell to a record low on Wednesday as disappointing U.S. retail sales data raised bets the Federal Reserve would not raise interest rates this year. People are very confused so they run into safety assets, "said Stanley Sun, interest rate strategist at Nomura Securities International in New York.

  • FRESNO, Calif.— California farmers now must abide by the nation's strictest rules for a widely used pesticide in a change designed to protect farmworkers and people who live and work near agricultural fields but is likely to raise prices on produce. The new regulations surpass standards required by U.S. Environmental Protection Agency. Brian Leahy, director of...

  • WATERFORD, Conn.— The Nuclear Regulatory Commission has notified the Millstone Power Station more inspections and oversight are possible following a Nov. 24 inspection that found problems related to unspecified safety issues. The Day of New London reports that one finding related to security requirements at Millstone, which is owned by Dominion Resources...

  • NEW YORK, Jan 13- A top U.S. Federal Reserve official said on Tuesday he was "uneasy" about the low long-term yields on Treasury bonds because the situation indicates there are fewer safe assets for investors, and it suggests rates could be persistently low in the future. Minneapolis Fed President Narayana Kocherlakota said the puzzlingly low rates could...

  • SAN ANTONIO, Jan 13- Growth in the Texas economy in 2015 will lag behind the national average due to falling energy prices that are dragging down the country's largest natural gas and oil producer, a Federal Reserve economist said on Tuesday. Keith Phillips, senior economist at the Federal Reserve Bank of Dallas, said the drop in oil prices to $50 from $80 a barrel...

  • US, EU promise more aid for Ukraine if reforms continue Tuesday, 13 Jan 2015 | 12:09 PM ET

    BRUSSELS— The United States on Tuesday reinforced Western assistance for war-torn Ukraine by promising up to $2 billion in loan guarantees if that effort is matched by economic and political reforms in Kiev. The U.S. State Department said it intends to provide $1 billion in loan guarantees in the first half of 2015 and an additional $1 billion in the second half,...

  • FOREX-Dollar bolstered by U.S. rate, economic outlook Tuesday, 13 Jan 2015 | 10:59 AM ET

    *Dollar recovers from lows vs yen. NEW YORK, Jan 13- The dollar gained on Tuesday, still benefiting from more upbeat U.S. economic prospects compared with the rest of the world that should keep the Federal Reserve on track to raise interest rates this year. "In any case, the dollar remains a better investment than most other major currencies, at least for now," said Omer...

  • Jan 13- Antares Pharma Inc said the U.S. Food and Drug Administration has asked for additional safety data on its testosterone drug after a patient developed hives in a mid-stage trial. The FDA has become more cautious about approving testosterone drugs after it found late last year that more than a fifth of the patients prescribed such drugs did not get their...

  • Jan 13- Antares Pharma Inc said the U.S. Food and Drug Administration has asked for additional safety data on its testosterone drug after a patient developed hives in a mid-stage trial. Hives is an allergic skin reaction that causes red, itchy bumps on the skin. The FDA has asked for data on 350 patients exposed to the drug, QuickShot Testosterone.

  • The suit seeks to block the sale of Verso Paper Corp.' s mill in Bucksport, which shut down production this month, to AIM Development. The federal Department of Justice required Verso to sell off its Rumford mill because of antitrust concerns. Verso announced a deal to sell the 700- employee Rumford mill to Canada- based Catalyst Paper Corp. in October.

  • DIARY- Top Economic Events to Jan 25 Monday, 12 Jan 2015 | 7:01 PM ET

    NEW YORK- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks on "Goal-Based Monetary Policy Report" before the MNI Near Year New Challenges event- 2200 GMT. LONDON- UK Finance Minister George Osborne gives a speech to the Royal Economic Society, hosted by Bank of England- 1730 GMT. LONDON- Bank of England Governor Mark Carney speaks at the...

  • DETROIT, Jan 12- Fiat Chrysler Automobiles Chief Executive Sergio Marchionne said his company is in talks with other automakers to share the costs of developing new vehicles and technology, particularly to cut greenhouse gas emissions, and called on the United States to ease fuel economy targets for 2025.. The U.S. Environmental Protection Agency will review...

  • WASHINGTON, Jan 12- The Federal Reserve should stop talking about the need for a "patient" interest rate policy just before it thinks it will begin hiking rates, a top Fed policymaker said on Monday. Richmond Federal Bank President Jeffrey Lacker said in an interview with Reuters that the Fed's guidance in December that it would be patient with raising rates...

  • FOREX-U.S. dollar slides vs yen in choppy trading Monday, 12 Jan 2015 | 2:48 PM ET

    NEW YORK, Jan 12- The dollar fell against the yen on Monday in volatile trading, pressured by weakness in U.S. stocks as the currency's positive outlook was somewhat diminished by surprisingly weak U.S. wage data on Friday. But Atlanta Federal Reserve Bank President Dennis Lockhart, a voting member of the Fed's Federal Open Market Committee for 2015, said on...

  • WASHINGTON, Jan 12- The Federal Reserve should stop talking about the need for a "patient" interest rate policy just before it thinks it will begin hiking rates, a top Fed policymaker said on Monday. Richmond Federal Bank President Jeffrey Lacker said in an interview with Reuters that the Fed's guidance in December that it would be patient with raising rates...