*AstraZeneca shares up 2 percent. LONDON, Aug 29- Hopes for AstraZeneca's promising cancer drug pipeline were boosted on Friday by news the company had moved its immuno-oncology medicine MEDI-4736 into a mid-stage study in colorectal cancer.» Read More
OWEGO, N.Y.-- A Texas company has begun drilling a vertical well to explore the potential of the Marcellus Shale natural gas formation, joining about a dozen others probing the potentially lucrative rock beneath New York's southern tier. Carizzo Oil& Gas of Houston recently started digging its first well north of the Tioga County village of Owego.
NEW TOWN, N.D.-- North Dakota's Three Affiliated Tribes will be getting control of land for construction of a proposed new oil refinery, U.S. Salazar's decision, announced during a news conference at the tribe's headquarters in New Town, means the tribe may begin construction of the $400 million refinery next spring, tribal Chairman Tex Hall said.
BISMARCK, N.D.-- A tax break for oil that's processed in North Dakota would help make new refineries profitable and would pay for itself though increased economic growth, a developer told state lawmakers Wednesday.
NEW YORK-- Williams-Sonoma's potential for international expansion could position the company for solid sales growth in the near and long term, William Blair as it raised its rating on the upscale home goods company.
ST. CHARLES, Mo.-- An aerospace manufacturer plans a $4.3 million expansion of its suburban St. Louis facilities that could add about 100 new jobs. Jay Nixon's administration said Wednesday that LMI Aerospace is adding nearly 49,000 square feet to its headquarters and manufacturing facilities in St. Charles. LMI Aerospace fabricates metal products for aircraft.
WASHINGTON-- The number of Americans seeking unemployment aid plummeted last week to seasonally adjusted 339,000, the lowest level in more than four years. The Labor Department said Thursday that weekly applications fell by 30,000 to the fewest since February 2008.
DALLAS-- A federal judge in Texas has sentenced a man to 23 years in prison and ordered him to pay $13 million in restitution over an investment scam he ran out of his home in California. Federal prosecutors said Wednesday that 37- year-old Bradley Stark, formerly of Riverside, Calif., was sentenced on seven counts of wire fraud and one count of securities fraud.
TOPEKA, Kan.-- Some state lawmakers are criticizing the new Kansas Creative Arts Industries Commission for not disbursing funds to local arts groups. Lawmakers authorized $700,000 for the commission, to replace arts funding that had been vetoed earlier by Gov.
PHOENIX-- A lawyer for housing advocates say they'll probably appeal a judge's rejection of a challenge to Arizona's use $50 million from a multistate foreclosure settlement to help balance the state budget.
WICHITA, Kan.-- Kansas home sales rebounded this year and are forecast to rise another 6.3 percent in 2013 as the economy improves and pent-up demand brings buyers back into the housing market, economic researchers at Wichita State University said Thursday.
WASHINGTON-- The U.S. trade deficit widened in August from July because exports fell to the lowest level in six months. The deficit grew 4.1 percent to $44.2 billion in August, the biggest gap since May, the Commerce Department said Thursday. Exports dropped 1 percent to $181.3 billion.
WASHINGTON-- The number of Americans seeking unemployment aid plummeted to 339,000 last week, the lowest level in more than four years. The Labor Department says weekly applications fell by 30,000 to the lowest level since February 2008.
NEW YORK-- Alaska Airlines is buying 50 of Boeing Co.' s new 737 s in a deal worth $5 billion at sticker prices. Alaska, operated by Seattle's Alaska Air Group Inc., won't pay full price. The order includes 37 of Boeing's redesigned 737, which it calls the Max.
NEW YORK-- Stock futures rebounded strongly Thursday on better-than-expected employment numbers that will likely provide some optimism to millions of U.S. job seekers. The number of Americans seeking unemployment aid plummeted last week to seasonally adjusted 339,000, the Labor Department said.
BERLIN-- Europe's economic outlook darkened further Thursday when top economists slashed their growth forecasts for Germany and warned that public support for more financial aid to struggling countries was evaporating.
Midway through "Dishonored" I killed someone. I didn't intend to; he spotted me as I was trying to sneak past, and I had to shut him up. "Dishonored" is set in Dunwall, a city with a passing resemblance to London during the Industrial Revolution.
NEW YORK-- Kellogg's voluntary recall of certain packages of its Mini-Wheats Bite Size cereal may hurt its sales a bit, an analyst said Thursday. On Wednesday, Kellogg Co. announced that it was making the recall because of the possible presence of a flexible metal mesh from a faulty manufacturing part.
Japan's finance minister Koriki Jojima told finance chiefs and central bank governors of the Group of Seven industrialized nations on Thursday that Japan will extend new Japanese yen loans and as earlier agreed with Myanmar will move ahead next year with clearing its sizable outstanding debt to Tokyo.
NEW YORK-- Wendy's pigtails are getting a tweak. It's only the fifth logo update since founder Dave Thomas opened the first Wendy's in 1969, and perhaps the most significant. Wendy's push has intensified since Brolick came on as CEO about a year ago.
Though S&P's warning may nudge the Spanish government to make a bailout request sooner rather than later, rival agency Moody's has indicated it may cut its rating for Spain in the event of a bailout request. "It would appear that when it comes to the rating Spain is a bit between a rock and a hard place," said Gary Jenkins, managing director of Swordfish Research.