March 28- China will encourage local companies to issue bonds overseas to fund projects to create a modern Silk Road, a plan to boost connectivity across Asia for which it has created a $40 billion fund, according to a framework agreement released on Saturday by the official Xinhua news agency. The so-called "One belt, One road" initiative to link Asia to Europe and...» Read More
FRANKFORT, Ky.-- Members of a Christians-only health insurance plan that has been ordered to cease operations in Kentucky should get different policies immediately, the state Department of Insurance advised Friday.
NEW YORK-- Shares of J.B. Hunt Transport Services Inc. gained more than 7 percent Friday as the trucking and logistics company's third-quarter results appeared to satisfy investors.
SHELBY, N.C.-- North Carolina health officials say an E. coli outbreak is responsible for the illness of 13 people who attended the Cleveland County Fair. State health officials say people from Cleveland, Gaston and Lincoln counties have reported becoming sick after visiting the fair in Shelby.
NEW YORK-- Jamie Dimon, the CEO of JPMorgan Chase, is known as much for his swagger as for his banking savvy. Friday, when his bank reported triumphant results for the third quarter, was no exception.
SAN JUAN, Puerto Rico-- The government of Puerto Rico has formally withdrawn plans to build a natural gas pipeline after investing more than $50 million in a project that provoked strong opposition from islanders and environmentalists.
ANCHORAGE, Alaska-- The Interior Department's deputy secretary said Thursday that there will be no slowdown of the permitting process for Arctic offshore drilling if President Obama is re-elected. Royal Dutch Shell PLC was allowed to begin exploratory drilling in the Beaufort and Chukchi seas off Alaska's north shores this summer, but U.S.
The opposition campaign is funded primarily by the Confederated Tribes of Grand Ronde, which runs Spirit Mountain Casino, the nearest casino to Portland. The new Oregon casino would be owned by PDX Entertainment company, a corporation with about 19 shareholders created in March and based in Lake Oswego.
The governor said earlier this year that the 2013 Legislature could take up gas tax legislation if TransCanada Corp. and the North Slope's major players _ Exxon Mobil Corp., BP and ConocoPhillips _ met a number of milestones in 2012. All of those benchmarks have been met, including cost estimates and a rough timeline for a potential project.
Stock indexes are turning lower on Wall Street, putting the market on track for its worst week since early June. Wells Fargo fell $1.22 to $33.96, leading other bank stocks lower, after its revenue came in lower than analysts were expecting. Semiconductor maker AMD plunged 30 cents to $2.90 after saying its third-quarter revenue would drop 10 percent.
Diamondback Energy Inc.' s shares are rising its first day of trading as a public company. The Midland, Texas, company, which develops oil and natural gas reserves in Texas, raised $218.8 million in its initial public stock offering, selling 12.5 million shares for $17.50 each. It had projected a price of $17 to $19.
HAYWARD, Calif.-- Impax Laboratories Inc. said Friday that the Food and Drug Administration is extending a review of its Parkinson's disease drug Rytary by three months until Jan. 21. Impax developed Rytary through a partnership with British drugmaker GlaxoSmithKline PLC. Shares of Impax Laboratories rose 2 cents to $26.07 in midday trading Friday.
WASHINGTON-- Fierce and focused, Vice President Joe Biden and Republican Paul Ryan gave voters the kind of substantive showdown that was everything the presidential debate was not. "Not a single thing he said is accurate," Biden shot back when Ryan leveled a charge that President Barack Obama was projecting U.S. weakness.
PODGORICA, Montenegro-- A politician who has ruled Montenegro as president, prime minister and behind-the-scenes power broker could end up leading his country again, if the polls about this weekend's election are correct.
NEW YORK-- Fitch Ratings is boosting some of its ratings for Cummins, citing the engine maker's improving profitability, financial flexibility and other factors. The ratings agency raised Cummins Inc.' s issuer default rating and its long-term debt ratings one notch in investment-grade status to "A" from "A-."
NEW YORK-- ABC's Martha Raddatz took a forceful approach to moderating Thursday's vice presidential debate, winning many positive reviews from instant pundits on social media but some complaints from Republicans.