Sept 4- A district court judge has asked Credit Suisse Group AG to pay $287.5 million in damages to an affiliate of Highland Capital Management, as part of a long drawn breach of contract case. The damages are related to the event in which the Zurich- based bank was found to have used inflated appraisals to convince an affiliate of Highland Capital Management in...» Read More
MORGANTOWN, W.Va.-- If American agriculture is going to meet the challenges of the next 40 years, it's going to need more schools like West Virginia University producing people who see careers in the field and have a passion for science. Rexroad is an associate administrator of the Agricultural Research Service at the U.S. Department of Agriculture.
DETROIT-- General Motors Co. said Friday that it plans to close its hydrogen fuel-cell research operation near Rochester, N.Y., and move about 220 jobs to Michigan. The Detroit- based automaker said the move will bring together experts on engine and transmission technology.
NEW YORK-- Federal officials have cited a company for safety violations in connection to a Manhattan crane crash in April that killed a 30- year-old laborer working on the extension of the No. 7 subway line. The Occupational Safety and Health Administration announced Thursday it had cited Yonkers Contracting Co. Inc. with 10 serious violations.
ALBANY, N.Y.-- New York taxpayers paid more than $5 million in the last two years to settle more than a dozen sexual harassment cases against state workers, according to records obtained Thursday. The cases include $1.79 million paid to a woman who worked for the state prisons system in western New York.
BERLIN-- German-based retail group Metro AG has issued a profit warning, blaming the impact on consumer confidence of a recent rise in European unemployment and governments' redoubled efforts to cut budget deficits.
Phil Bryant is renewing his focus on promoting energy-related development. He said Mississippi should focus on energy development because it has natural advantages in the area and because the field produces high-paying jobs. "Most energy jobs pay twice the average household income in Mississippi," the governor said.
DENVER-- The National Oceanic and Atmospheric Administration says drought conditions are expected to stick around for the fall in Colorado. Colorado and Wyoming had their warmest summers on record this year, and parts of eastern Colorado and Wyoming are experiencing exceptional drought, which is the most intense level reported by the U.S.
On Friday, Lehman Brothers Inc. and Lehman Brothers International said that their agreement would allow them to proceed with plans to allocate and distribute assets to customers and creditors. Bankruptcy Judge James M. Peck and an order of the English High Court.
Christie vetoed the bill in July, saying at the time that some of the reforms had already been implemented at the Port Authority. The legislation would have forced the Port Authority to hold more public meetings before voting on toll hikes and publish its board of commissioners' meeting minutes.
DETROIT-- The union representing Detroit Water and Sewerage workers says a five-day strike has ended and that 36 employees fired for walking out will get their jobs back. American Federation of State County and Municipal Employees Local 207 said in a statement Thursday that its executive board voted to end the strike after negotiations with management.
Benchmark oil closed down $1.83 to $89.88 per barrel in New York. But those extra commuters might not budge the needle on gas demand, which was down 2.5 percent from a year earlier in the four weeks ended Sept. 28, according to Energy Department figures released Wednesday.
LOUISVILLE, Ky.-- Analysts following Yum Brands Inc. will be looking for signs of a profit rebound in the fast-food restaurant's key China operations when the owner of the Taco Bell, Pizza Hut and KFC chains reports third-quarter results after the markets close on Tuesday.
TALLAHASSEE, Fla.-- A law letting utilities charge customers now for future nuclear reactors even if they never get built fails to provide regulators with "adult supervision," a lawyer told the Florida Supreme Court on Thursday.
NORFOLK, Va.-- Virginia International Terminals Inc. defended its record as the operator for the Virginia Port Authority on Thursday, saying its past success is irrefutable. The state created Virginia International Terminals in 1983.. VIT promotes Virginia and Virginia only, "said Joseph Ruddy, executive vice president for Virginia International Terminals.
WASHINGTON-- Republican presidential nominee Mitt Romney is shifting sharply to the political center as he begins to deliver a closing argument aimed at a slice of moderate, undecided voters a month before Election Day.
BUSAN, South Korea-- A film based on the memoir of a democracy activist who was tortured in the 1980 s by South Korea's military rulers is provoking discussion about the country's not-so-distant authoritarian past and the influence it will have on this year's presidential election.
NEW YORK-- The psychological thriller "Rebecca" was a hit for author Daphne du Maurier and filmmaker Alfred Hitchcock.
FISHERSVILLE, Va.-- Republican presidential candidate Mitt Romney has described his disparaging remarks about the 47 percent of Americans who don't pay federal income taxes as "not elegantly stated." Now he's calling them "just completely wrong."
MINNEAPOLIS-- The drought keeps getting deeper across Minnesota. The driest parts of the state include several counties in northwestern Minnesota and several counties from southwestern to south-central Minnesota.