NEW YORK— President Barack Obama will impose even steeper cuts on greenhouse gas emissions from U.S. power plants than previously expected, senior administration officials said Sunday, in what the president called the most significant step the U.S. has ever taken to fight global warming. A year after proposing unprecedented carbon dioxide limits, Obama was...» Read More
SAXONBURG, Pa.-- II-VI Inc. posted a 32 percent decline in net income for the first quarter as customers delayed orders for engineered materials and optical components in the shaky global economy. The company earned $12.7 million, or 20 cents per share, down from $18.7 million, or 30 cents per share, in the same quarter last year.
CONCORD, N.H.-- New Hampshire health officials are testing fish in various parts of the state to see if there are elevated levels of radiation following a 2010 tritium leak at Entergy Corp.' s Vermont Yankee nuclear plant.
NEW YORK-- Toy company Jakks-Pacific Inc. reported a 13 percent drop in third-quarter net income as it grappled with costs of fighting off a take-over attempt and weak sales. The company, which makes toys under such brands as Cabbage Patch Kids and Hello Kitty, said it earned $30.4 million, or $1.10 per share in the three months ended Sept. 30.
BALTIMORE-- A federal judge has ruled that Baltimore County's pension system discriminated against beneficiaries because older workers were required to pay more toward their retirement than younger workers. District Judge Benson Everett Legg agreed that the county system violated the Age Discrimination in Employment Act.
DUBAI, United Arab Emirates-- The Dubai- based developer of the world's tallest building reported a nearly 5 percent drop in net profit Tuesday, citing a seasonal slowdown, but said the balance sheet for the year remained strong.
Columbia University, which administers the prizes, announced Tuesday that Steve Coll, Quiara Alegria Hudes and Aminda Marques Gonzalez were joining the board. Pulitzer Prize-winning journalist and author Coll is a staff writer for The New Yorker magazine.
CHICAGO-- Illinois will share part of an $11 million payment as part of an agreement with insurance giant American International Group Inc.. The announcement was made Monday by Illinois Department of Insurance Director Andrew Boron. Illinois was among seven lead states that started discussions with the company.
NEW ORLEANS-- The U.S. Small Business Administration will close three recovery centers in Louisiana that were opened to help residents affected by Hurricane Isaac.
LONDON-- Stocks suffered one of their worst sessions in weeks on Tuesday following another batch of weak U.S. corporate earnings and uncertainty over the outcome of the race for the White House. Downbeat updates on Tuesday from chemical company DuPont and manufacturer 3 M added to the prevailing uncertainty.
MADISON, Wis.-- September was a good month for dairy farmers in Wisconsin and Minnesota, where gains in milk production were among the best in the nation. The U.S. Department of Agriculture says Wisconsin harvested 2.2 billion pounds last month. Wisconsin is the nation's second-leading milk producer behind California.
3 M, which makes everything from Scotch tape to coatings for LCD screens and is an economic bellwether, reduced its profit expectations for this year because of "current economic realities." Xerox plunged 8 percent, or 56 cents, to $6.47.
PORTLAND, Maine-- Southwest Airlines Co. says it will fly to Baltimore-Washington International Airport when it begins service next spring out of Portland, Maine. The airline says it will initially offer nonstop flights each day between Portland International Jetport and Baltimore-Washington when it starts flying out of Portland on April 14.
STRASBOURG, France-- The European Commission says an additional 9 billion is needed to meet all of the EU's commitments in the 2012 budget. But 5.9 billion will have to come from member states, some of whom are cutting their budgets because of Europe's financial crisis.
HARTFORD, Conn.-- Third-quarter operating profit, United Technologies Corp. businesses, change from 3 Q 2011:. 2012 2011 Change Percent change. UTC Aerospace 271 204 67 33.
ROCHESTER, N.Y.-- Wegmans Food Markets Inc. says it's recalling a brownie mix after reports from two consumers about allergic reactions to undeclared milk in the product.
3 M Co.' s industrial and transportation division is its biggest, and like a lot of 3 M's other businesses it tracks the economy's ups and downs. On 3 M's conference call on Tuesday, its executives were asked what demand they're seeing in that area.
ABERDEEN, S.D.-- A wind turbine blade manufacturer in Aberdeen has called back 15 of the 92 employees who were laid off last month, after receiving new orders. Molded Fiber Glass has received orders from the General Electric Co. for the 40- meter blade that it normally makes and also for a new, larger blade, Plant Manager Dave Giovannini told the American News.
CHARLESTON, W.Va.-- West Virginia agriculture officials are hosting a delegation from China. The West Virginia Department of Agriculture is teaming up with the state's Nursery and Landscape Association to host the delegation. A reception was held Monday night in Charleston following a tour of a nursery operation in Mason County.
NIAGARA, N.Y.-- A Niagara County park has gotten a $6 million facelift. New York state parks officials and representatives from the New York Power Authority will cut the ribbon Tuesday on improvements at Reservoir State Park. Part of the 133- acre park overlooks NYPA's Robert Moses Power Plant Reservoir, a favorite fishing spot.
MORGANTOWN, W.Va.-- The Institute for Community and Rural Health at West Virginia University is getting $400,000 for programs designed to help reduce obesity and curb deaths from stroke and heart disease.