BERLIN, Oct 13- The German government will trim its estimate for growth this year to 1.7 percent but it is sticking with a forecast for growth of 1.8 percent next year, a senior government official told Reuters on Tuesday. Economy Minister Sigmar Gabriel is expected to announce the updated forecasts on Wednesday. Previously, the government had been projecting...» Read More
CONCORD, N.H.-- New Hampshire Gov. John Lynch plans to nominate State Parks Director Phil Bryce to serve as interim commissioner of the Department of Resources and Economic Development. George Bald, the current commissioner of that department, is retiring on Nov. 1.
The commission voted 3-0, with two members absent, to approve a 15- year contract with Rhode Island- based GTECH that is expected to make $1.7 billion in profit over five years _ a $500 million increase over state projections. GTECH already provides and maintains vending machines for the Hoosier Lottery.
BOULDER, Colo.-- The University of Colorado Boulder has won a $12 million, five-year grant from the National Science Foundation to study how to maximize benefits of natural gas development while minimizing harms.
PORT GIBSON, Miss.-- Entergy Corp. has locked out union security workers at its nuclear plant near Port Gibson, Miss., after contract negotiations with the United Government Security Officers of America Local 36 failed.
ANNAPOLIS, Md.-- The Washington Redskins on Tuesday urged their fans to support a ballot question in Maryland to expand gambling, a high-profile endorsement for efforts to allow a casino in the Maryland county where the team plays its home games near the nation's capital.
TIRANA, Albania-- Albania has sold its state-owned Albpetrol oil company for 850 million to the U.S.- and Singapore- based Vetro Energy consortium. Prime Minister Sali Berisha says the deal will also allow Vetro Energy to explore and exploit offshore oil and gas fields, build a refinery, and transport and distribute natural gas in Albania for 25 years.
LONDON-- Markets remained subdued Wednesday despite some moderately encouraging U.S. jobs figures as investors awaited a key government report later in the week and more clarity over Spain's request for a bailout.
BALTIMORE-- Johns Hopkins University says it will lead an international team of researchers studying how to improve wind farm design. The university said Tuesday that the National Science Foundation has awarded $6 million in grants to help fund the work.
DETROIT-- Thirty-four Detroit Water and Sewerage workers who went on strike over pay cuts and the city's plan to downsize the department over several years have been suspended without pay and face firing.
ALBANY, N.Y.-- New York's Health Department has selected a health care plan offered by Oxford as the benchmark for the state's health insurance exchange, which is intended to help extend coverage to the uninsured and reduce costs for individuals, small businesses and local governments. The New York Health Benefit Exchange Gov.
NEW YORK-- In a marketing gimmick that piggybacks on next month's presidential election, JetBlue is offering a way for Americans to make good on threats to leave the country if "the other guy" wins.
PROVIDENCE, R.I.-- The unemployment rate in New England climbed in August, but it is still below the national average. The New England office of the U.S. Bureau of Labor Statistics said Wednesday the jobless rate in the six-state region was 7.3 percent last month, up from 7.1 percent in July. A year ago, the rate in New England was 7.8 percent.
LM Wind Power said Tuesday in a statement that the Brazil plant will deliver blades to wind farms in Brazil and throughout South America.
"The price action today seems boring, but the economic data is pretty strong," said Ryan Detrick, senior technical strategist at Schaeffer's Investment Research. The Institute for Supply Management said its index of service companies, which includes everything from financial firms to clothing stores, rose in September to the highest level since March.
BRUSSELS-- The 17 countries that use the euro would have to enter into contracts with the European Union that would bind them to implement specific economic policies and reforms, under proposals that would amount to a significant increase in power for the central EU government.
MEDINA, Ohio-- RPM International Inc. said Wednesday its fiscal first-quarter net income fell by more than half, hurt by hefty charges mostly related to a drop in value of assets in India.
WASHINGTON-- U.S. service companies grew in September at the fastest pace in six months, helped by a sharp increase in customer demand. The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its index of non-manufacturing activity rose to 55.1, up from 53.7 in August.
BERLIN-- Struggling cellphone companies T-Mobile USA and MetroPCS Communications are set to merge, in a deal that will create an operator with more than 40 million subscribers.
MIAMI-- Soccer will come to the Miami Marlins' new ballpark for the first time Nov. 14 when Venezuela plays Nigeria in an international friendly. The game, announced Tuesday by Marlins officials, is one of many non-baseball events planned at the ballpark, which opened this year.