BILLINGS, Mont.— Elected leaders in Montana and North Dakota say they hope to offer help to local governments struggling to provide public services in the booming Northern Plains oil patch. Jack Dalrymple is proposing to change the formula for oil and gas tax distributions so local governments get 60 percent, up from the current 25 percent.» Read More
MONROVIA, Aug 13- A consignment of experimental Ebola drugs arrived by plane in Liberia on Wednesday to treat two doctors suffering from the virus, which has killed more than 1,000 people across four West African countries. The drug, ZMapp, arrived in white boxes on a commercial flight, a Reuters witness said.
ISDA SAYS WILL HOLD AUCTION TO SETTLE ARGENTINA CREDIT DEFAULT SWAPS ON AUGUST 21.
CONSIGNMENT OF EXPERIMENTAL EBOLA DRUG ARRIVES IN LIBERIA TO TREAT TWO DOCTORS SUFFERING FROM VIRUS- GOVT OFFICIALS.
SANTOS, Brazil, Aug 13- Brazilian presidential candidate Eduardo Campos was killed in a plane crash on Wednesday, throwing the October election into disarray and causing big swings in local financial markets.
Aug 13- NewLink Genetics Corp, which licensed an Ebola vaccine developed by Canadian government scientists, has enough doses on hand to launch the first human safety trial of an Ebola vaccine this summer, its chief executive said on Wednesday.
*Amazon boosts Nasdaq after introducing card device. NEW YORK, Aug 13- U.S. stocks rose on Wednesday, with the Dow returning to positive territory for the year as signs of easing tensions in Ukraine overshadowed weak readings on consumer spending.
The trustee Irving Picard contended last month that Andrew and Mark Madoff obstructed a 2005 U.S. Securities and Exchange Commission probe by deleting emails that linked them to fraud at Bernard L. Madoff Investment Securities LLC, and took out sham loans to buy pricey Manhattan apartments.
*Fearsome reputation, surprised and outgunned. DOHUK, Iraq, Aug 13- The Kurdish peshmerga fighter ran out of ammunition but saved two bullets to end his own life in case Islamic State militants caught up with him as he fled the front line in northwest Iraq.
*Senior bondholders in Banco Espirito Santo spared pain. FRANKFURT, Aug 13- Portugal is making the same costly mistake as Ireland by rescuing a troubled bank and largely sparing its bondholders losses, one of the architects of Ireland's bailout has warned.
NEW YORK, Aug 13- Investors who wish they were better at buying low and selling high actually have a tool that can force them to do just that. It's called "rebalancing"- the practice of regularly re-allocating a portfolio so the investments in it stay in their originally intended proportions.
WASHINGTON, Aug 13- U.S. retail sales unexpectedly stalled in July, pointing to some loss of momentum in the economy early in the third quarter. The Commerce Department said on Wednesday that retail sales, which had increased 0.2 percent in June, were in part held back by a second straight month of declines in receipts at auto dealers.
NEW DELHI/ LONDON, Aug 13- Italy's claims that a sale of parts of insolvent Italian steelmaker Lucchini to India's JSW Steel will be concluded within days are premature, a top JSW executive said on Wednesday.
MANILA, Aug 13- Philippine President Benigno Aquino said on Wednesday he was considering constitutional changes including adjustment of term limits for officials that might allow him to serve a second six-year term. Any constitutional amendment would require a vote of three quarters in Congress and convocation of a constitutional convention.
SAN FRANCISCO, Aug 13- Amazon.com Inc unveiled a $10 credit-card reader and mobile app for businesses on Wednesday, expanding further into bricks-and-mortar retail and the rapidly evolving mobile payments arena. The new point-of-sale system, called Amazon Local Register, would give Amazon crucial data on how U.S. consumers shop offline, analysts say.
NEW YORK, Aug 13- Brent crude oil rose in choppy trading on Wednesday, recovering from a 13- month low as turmoil in Iraq and Libya kept concerns about potential supply disruptions in focus. The U.S. crude oil stocks build included a 418,000- barrel increase at Cushing, Oklahoma, delivery point for the U.S. crude contract traded on the New York Mercantile Exchange.
Aug 13- BioCryst Pharmaceuticals Inc said the U.S. government exercised options to test the company's antiviral drug in humans and non-primates as a treatment for hemorrhagic fever viruses such as Ebola.
Aug 13- SeaWorld Entertainment Inc's shares lost nearly a third of their value on Wednesday after the theme park operator slashed its full-year revenue and adjusted EBITDA forecast. SeaWorld said it expects adjusted EBITDA to fall 14-16 percent from previous forecast of $450- $465 million.
*Nickel prices could hit $25,000 by mid/late 2015- BNP Paribas. LONDON, Aug 13- Copper fell to a seven-week low on Wednesday, dragged down by disappointing data on top consumer China's property sector, which raised concerns about the outlook for the metal used in power and construction.
Aug 13- Health Care REIT Inc said it would buy Canada's HealthLease Properties Real Estate Investment Trust in a deal valued at $950 million, including debt, to expand its presence in senior housing and post-acute care segments. In June, Health Care's rival Ventas Inc said it would buy American Realty Capital Healthcare Trust Inc for about $2.6 billion.
*Iraq faces no immediate food shortages, bread prices stable. BAGHDAD/ ABU DHABI, Aug 13- After seizing five oil fields and Iraq's biggest dam, Sunni militants bent on creating an Islamic empire in the Middle East now control yet another powerful economic weapon- wheat supplies.