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The loan allows the project proponents to seek financing at lower costs, eventually making electricity cheaper for residents of the provinces of Newfoundland and Labrador, and Nova Scotia.
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*Myriad Genetics sought to patent genes linked to cancer. The nation's highest court in a brief order agreed to review a case over whether Myriad Genetics Inc may patent two genes linked to hereditary breast and ovarian cancer.
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BOSTON, Nov 30- The Federal Reserve should continue buying long-term bonds to support economic growth until the outlook for U.S. employment gets considerably better, Fed Board Governor Jeremy Stein said on Friday.
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RIO DE JANEIRO, Nov 30- Chevron Corp's efforts to restart oil output in Brazil received a boost after a court overturned a ban on operations and the company agreed with prosecutors on a plan to improve safety and operating procedures after a November 2011 oil spill.
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*US Airways in effect blocked from making hostile bid. Its smaller competitor, US Airways Group Inc, is making a push to acquire it out of bankruptcy. AMR said earlier this year it would prefer to exit as a standalone company, but is discussing merger options, including with US Airways.
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Studies using measures of market risk including credit default swaps show "that the size of the too-big-to-fail problem has fallen over the past couple of years but remains large," Narayana Kocherlakota, president of the Minneapolis Federal Reserve Bank, said in remarks prepared for a conference sponsored by the Boston Fed and Boston University.
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BOSTON, Nov 30- The Federal Reserve should continue buying long-term bonds to support economic growth until the outlook for U.S. employment gets considerably better, Fed Board Governor Jeremy Stein said on Friday.
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The court agreed to review a bid by Mutual Pharmaceutical Co to overturn a $21 million jury award to Karen Bartlett, a New Hampshire woman who had taken its generic non-steroidal anti-inflammatory drug sulindac for shoulder pain.
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MIAMI/ LOS ANGELES, Nov 30- America's rarely used municipal bankruptcy law is presenting unexpected risks for investors in the $3.7 trillion U.S. tax-free bond market.
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Since 1980, hard-pressed mayors, county executives and other leaders among some 90,0000 local governments across America have filed just 274 Chapter 9 cases, according to James Spiotto, partner at Chapman and Cutler LLP in Chicago.
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According to the regulator, the former banker, Igor Cornelsen, 64, prodded his broker, Waldyr Da Silva Prado Neto, for tips after Prado, who then worked at Wells Fargo& Co, learned from a customer that Burger King was up for sale. Burger King agreed on Sept. 2, 2010, to be bought by private equity firm 3 G Capital Partners Ltd for $3.26 billion, or $24 per share.
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CALGARY, Alberta, Nov 30- Ottawa may try to tug at Canadians' emotions as a way to build public support for building pipelines to ship growing crude production to the West, East and South, the federal natural resources minister said on Friday.
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BRASILIA, Nov 30- President Dilma Rousseff on Friday vetoed parts of a controversial royalties bill that pit Brazil's oil-producing states against the rest of the country in a battle over future oil wealth.
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NEW YORK, Nov 30- NEW YORK, Nov 28- They might not arrive in pretty wrapping paper with a bow, but dividends paid out early to avoid a potential tax increase next year could provide an unexpected boost to holiday sales.
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CHICAGO, Nov 30- U.S. wheat futures tumbled more than 2 percent on Friday, concluding their biggest two-month slide in a year as weak U.S. exports and large deliveries fueled selling after a run-up in prices earlier in the week. They generally don't like piling on a position into December that could disrupt year-end profits, "said Allendale Inc analyst Rich Nelson.
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*Dow up 0.03 pct, S&P 500 up 0.02 pct, Nasdaq off 0.06 pct. NEW YORK, Nov 30- The S&P 500 wrapped up its fifth positive month in the last six on Friday, although it ended the day flat as politicians remain at odds about how to avoid the so-called fiscal cliff.
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Nov 30- In a sign lawmakers may be getting down to details on fixing the tax code, a top U.S. Senate Republican on Friday criticized a Democratic proposal to repeal an accounting technique that lets manufacturers reduce their income taxes.
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*Toyota expects 20-25 pct of eligible workers to take offer. Nov 30- Toyota Motor Corp said on Friday it is offering retirement incentives to about 2,000 U.S. workers, or 10 percent of its employees in the country, in an effort to manage attrition of its aging work force.
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NEW YORK, Nov 30- The euro rose to its highest in more than five weeks against the dollar on Friday, posting its fourth straight month of gains as investors clung to hopes that U.S. politicians would reach a fiscal deal before the end of the year. U.S. House of Representatives Speaker John Boehner said Republicans and President Barack Obama are locked in a stalemate.
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WASHINGTON, Nov 30- Lockheed Martin Corp and the U.S. Defense Department have reached an agreement in principle on a fifth batch of 32 additional F-35 fighter planes, the Pentagon said on Friday, bringing nearly a year of negotiations to a close.