WASHINGTON— The Federal Reserve is delaying by two years a requirement that U.S. banks sell off their riskiest investments such as stakes in private equity and hedge funds. Banks say they need more time to complete the sales. The Fed said Thursday that it plans to extend from July 2015 to July 2017 the deadline by which banks will have to sell their stakes.» Read More
ENFIELD, Conn.-- Northeast Utilities says it is helping to preserve a large chunk of land in northern Connecticut in partnership with the Connecticut Department of Energy and Environmental Protection.
WASHINGTON-- Medical device maker Boston Scientific said Thursday it swung to a third-quarter loss, as legal fees and restructuring expenses weighed down already-sluggish sales of the company's implants.
NEW YORK-- The Pulitzer Prize-winning playwright of " Clybourne Park" says he recently withdrew permission for a Berlin theater company to produce the play after learning that one of the actors would perform the roles in blackface.
BEIRUT-- Syrian warplanes hammered a strategic city captured by rebels, leaving behind scenes of carnage captured Thursday on amateur videos that showed a man holding up two child-sized legs not connected to a body and another carrying a dismembered arm.
JACKSON, Miss.-- A line of severe storms packing strong winds and possible tornadoes swept across the Southeast overnight, injuring four people in Mississippi, downing power lines and trees and damaging homes around the region, authorities said early Thursday. At least six northern counties in Mississippi reported damage, Rent said.
OLYMPIA, Wash.-- Washington state is still adding jobs, but the growth in employment isn't as robust as it was a few months ago, officials said Wednesday. The state Employment Security Department said the unemployment rate dipped down to 8.5 percent in September from 8.6 percent in August.
BELFAST, Northern Ireland-- The first abortion clinic on the island of Ireland opened Thursday in Belfast, sparking protests by conservatives from both the Catholic and Protestant sides of Northern Ireland. That's the law in both Northern Ireland and the Republic of Ireland, where abortion is otherwise illegal.
THE RESULTS: Philip Morris International Inc.' s third-quarter net income fell more than 6 percent to $2.23 billion, despite higher prices, as the company sold fewer cigarettes.
NAIROBI, Kenya-- More than 80 percent of people living in a conflict zone in Sudan's southern region are eating only one meal a day, compared with 10 percent one year ago, a U.S. advocacy group said Thursday, citing research collected from a region where aid groups aren't allowed to operate.
HONOLULU-- A state appeals court is upholding Honolulu's handling of a half-billion dollar contract for the construction of a commuter rail line. The Honolulu Authority for Rapid Transportation said Wednesday the Intermediate Court of Appeals affirmed the city's decision to disqualify one of the bidders, Bombadier Transportation USA, Inc..
JACKSON, Miss.-- The College Board stalled discussion of a $50- a-semester building fee on full-time students at the University of Mississippi and Mississippi State University, with members saying they want a committee to consider it.
HARRISBURG, Pa.-- A new state tax incentive designed to encourage companies to hire in Pennsylvania passed both chambers of the Legislature on Wednesday and was sent to Gov. "The beauty of this approach is that this is not revenue that is in the state currently," Senate Appropriations Committee Chairman Jake Corman, R- Centre, told colleagues. "
ALEXANDRIA, Va.-- A South Korean company and five of its employees are accused in an indictment of stealing the recipe from the DuPont Co. to the high-tech fiber used to make Kevlar body armor, prosecutors announced Thursday.
Catholic Health East of Newtown Square, and Trinity Health of Novi, Mich., announced Wednesday that they have signed a non-binding letter of intent to consolidate.
BOSTON-- Massachusetts Auditor Suzanne Bump is urging the state to tighten up oversight of its MassHealth program.
CARRINGTON, N.D.-- The U.S. Treasury Department has provided $3.4 million to a group of 36 North Dakota cities to support loans to small businesses. Every $1 in federal money must be matched with $10 in private sector investment, which will lead to $34 million in private sector funding.
NEW ORLEANS-- The U.S. Department of Energy says it needs more time to consider an environmental group's objections to a Texas company's plans to build an export terminal for liquefied natural gas in southwest Louisiana.