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  • US regulators rap faulty water pump at Millstone Thursday, 28 Aug 2014 | 4:40 PM ET

    WATERFORD, Conn.— The U.S. Federal Nuclear Regulatory Commission said Thursday it could impose more inspections and greater oversight of Connecticut's nuclear power plant due to repeated problems with a critical water pump.

  • Thai worker settlements with Hawaii farms at risk Thursday, 28 Aug 2014 | 3:38 PM ET

    HONOLULU— A federal judge in Hawaii says she won't consider approving $2.4 million in settlements for hundreds of Thai farm workers until the U.S. Equal Employment Opportunity Commission holds a news conference clarifying that the agreements are still subject to court approval.

  • *Poll forecasts first UK rate hike in Q1 2015, of 25 bps. LONDON, Aug 28- The Bank of England will be the first major central bank to lift interest rates when it makes a move early next year, jumping the gun on the U.S. "But the pace of activity is probably stronger in the UK than in the U.S. and we are seeing a faster decline in the unemployment rate in the UK."

  • USDA launches new dairy insurance program Thursday, 28 Aug 2014 | 10:32 AM ET

    MILWAUKEE— Dairy farmers squeezed in recent years by low milk prices and high feed costs can begin signing up next week for a new program replacing old subsidies that didn't factor in the price of corn. The price for benchmark December corn on Thursday as $3.67, compared to about $5.90 two years ago. Patrick Leahy, D- Vermont, warned farmers not to be complacent.

  • Aug 28- OncoMed Pharmaceuticals Inc said the U.S. Food and Drug Administration lifted a partial hold on patient enrolments for three trials testing its experimental cancer drug, vantictumab.

  • Aug 28- Johnson& Johnson is recalling some lots of its implant used to correct defects of the jaw, following more than a dozen cases of injury.

  • Aug 28- OncoMed Pharmaceuticals Inc said the U.S. Food and Drug Administration lifted a partial hold on patient enrolments for three trials testing its experimental cancer drug, vantictumab. OncoMed is developing the drug in collaboration with Germany's Bayer AG. The FDA formally placed a partial hold on vantictumab, following the voluntary halt.

  • FairPoint declares impasse, unions disagree Thursday, 28 Aug 2014 | 8:28 AM ET

    The International Brotherhood of Electrical Workers and Communication Workers of America accused FairPoint Communications of violating federal law and asked the National Labor Relations Board to reinstate the contract that expired on Aug. 2.

  • FDA says Johnson & Johnson recalls some jaw implants Thursday, 28 Aug 2014 | 8:17 AM ET

    Aug 28- Johnson& Johnson is recalling some lots of its implant used to correct defects of the jaw following more than a dozen cases of injury. The device, which is used to lengthen and stabilize the lower jawbone and the side of the lower jaw, is being recalled by JNJ unit DePuy Synthes as it may reverse after surgery.

  • WASHINGTON, Aug 27- The Federal Reserve said on Wednesday it will hold an open meeting to discuss a final rulemaking to implement bank related regulations pertaining to liquidity ratios and margin requirements for non-cleared swaps.

  • Michael Peck's call to close the Diablo Canyon Power Plant in San Luis Obispo County was in a report he made to the Nuclear Regulatory Commission in 2013, the AP reported on Monday, a day after a strong earthquake shook California's Napa Valley region.

  • FDA investigating large Maine lobster processor Wednesday, 27 Aug 2014 | 9:16 AM ET

    The FDA in February sent a letter to Rockland- based Linda Bean's citing the firm for "significant violations" in the way it processed seafood. Linda Bean, owner and namesake of the firm, said in an email to The Associated Press that she has "addressed everything" and added the FDA's letter of violations was "reasonable.

  • Feds: Report shows progress in tribal prosecutions Wednesday, 27 Aug 2014 | 7:04 AM ET

    FARGO, N.D.— Federal attorneys say an updated report released Tuesday on investigations and prosecutions on tribal lands shows continued improvement since a 5- year-old study that criticized the Department of Justice for turning its back on reservation crime.

  • TWC to pay $1.1M to settle FCC reporting violation Tuesday, 26 Aug 2014 | 2:09 PM ET
    A field technician for Time Warner Cable, prepares to clean and check the connection for a WiFi hotspot using a bucket truck in Manhattan Beach, California.

    TWC will pay $1.1 million to resolve a FCC probe that found the cable and Internet provider did not properly report multiple network outage.

  • WASHINGTON, Aug 26- Three regional Federal Reserve banks, whose presidents are among the more hawkish of U.S. central bankers, continued to press for an increase in the Fed's emergency lending rate ahead of last month's policy-setting meeting, according to minutes on Tuesday.

  • WASHINGTON, Aug 26- Time Warner Cable Inc will pay $1.1 million to resolve a Federal Communications Commission investigation that last year found the cable and Internet provider did not properly report multiple network outages, the regulators said this week. Time Warner Cable submitted all missing reports by November 8, 2013, the FCC said.

  • AP survey: Fed's outlook correct but not solution Tuesday, 26 Aug 2014 | 11:41 AM ET

    WASHINGTON— Economists appear to be of two minds about the Federal Reserve. Yet the latest Associated Press survey of economists finds that most fear the Fed will wait too long to raise interest rates and thereby risk stoking inflation or creating asset bubbles. Still, they're concerned that Janet Yellen's Fed won't raise rates soon enough.

  • UPDATE 1-AT&T's DirecTV bid nearing approval - NY Post Tuesday, 26 Aug 2014 | 2:27 AM ET

    Aug 26- AT&T Inc has reached a tentative deal with antitrust regulators to pave the way for it to buy DirecTV, the New York Post reported, citing unspecified sources. The proposed deal is expected to get clearance from the Justice Department and the Federal Communications Commission in the first quarter, the newspaper reported.

  • Aug 25- Municipal bonds will no longer be part of the easily sellable assets that banks can use to show they are able to survive a credit crunch, Bloomberg reported, citing a person familiar with the matter. The Public Affairs Office of the Federal Reserve could not be reached out for comment outside of regular U.S. business hours.

  • Michael Peck's call to close the Diablo Canyon Power Plant in San Luis Obispo County was in a report he made to the Nuclear Regulatory Commission in 2013, the AP reported on Monday, a day after a strong earthquake shook California's Napa Valley region.