BEIJING, Aug 29- China on Saturday defended the recent revamp of its foreign exchange regime that led to a sharp devaluation of the yuan, calling it a "normal adjustment". On Aug. 11, in a move that stunned markets, China devalued the yuan by nearly 2 percent. China allows the yuan to rise or fall a maximum of 2 percent from a day's midpoint.» Read More
LITTLE ROCK, Ark.-- Recent rain that fell across parts of Arkansas last weekend helped to slightly reduce the severity of drought in the state. Drought Monitor report released Thursday just less than 9 percent of the state in exceptional drought _ the worst category.
BRISTOL, Conn.-- Bobby Valentine's next move after being fired as Boston Red Sox manager? Spokesman Josh Krulewitz said Thursday that the network is was happy with its current crew of baseball analysts. ESPN is a unit of The Walt Disney Co..
NEW YORK-- Shares of Informatica Corp. tumbled Thursday after the business software maker forecast weak results in the third quarter, pointing to its struggling business in Europe. Informatica said it expects adjusted net income of 25 to 27 cents per share and $189 million to $191 million in revenue in the third quarter.
SAN FRANCISCO-- CollabRx, which develops technology that is used in genetic-based medicine, is teaming up with Life Technologies Corp. in a molecular diagnostics collaboration focused on cancer patients.
CHICAGO-- Several environmental groups want the Illinois Pollution Control Board to order Midwest Generation to clean up groundwater pollution that allegedly leached from coal-ash ponds at four of the company's power plants.
LITTLE ROCK, Ark.-- The mother of a slain Little Rock TV anchor can proceed with a lawsuit claiming outrageous behavior by a hospital and three workers who illegally looked at her daughter's medical files, but an invasion of privacy claim must be dropped, the Arkansas Supreme Court ruled Thursday.
THESSALONIKI, Greece-- Greek police say a former government official has been found hanged in his home in central Greece. Leonidas Tzanis, 57, a former Socialist lawmaker and deputy interior minister from 1999 to 2001, was found dead by his wife late Thursday in the town of Volos, a police official said.
New Jersey residents receiving Medicaid benefits may find it easier to get care at home rather than move into a nursing home, under changes state officials are planning since getting federal approval to make them. The state will receive the same amount of money from the federal Medicaid program _ more than $5 billion per year.
MEDINA, Ohio-- RPM International Inc. said Thursday that its board raised the company's regular quarterly cash dividend by 1 cent, to 22.5 cents. The new dividend, which represents a 4.7 percent increase, will be paid on Oct. 31 to shareholders of record as of Oct. 15. Shares of the Medina, Ohio- based rose 19 cents to $27.21 in afternoon trading.
JEFFERSON CITY, Mo.-- Republican Senate candidate Todd Akin on Thursday released a decade's worth of federal financial reports he has updated with nearly $130,000 in state pension income that he received, but failed to disclose, over that time.
DETROIT-- A fundraiser for Kwame Kilpatrick told jurors Thursday that she regularly pulled money from her bra to pay kickbacks to the then- Detroit mayor, whom she considered like her own son. Emma Bell at times struggled as she explained her dealings with Kilpatrick.
The announcement was made in a two-paragraph statement from the NHL. Unable to work out how to split up $3 billion in hockey-related revenues with the players' association, the NHL wiped out 82 games from Oct. 11 through Oct. 24 _ beginning with four next Thursday, which would have been the league's opening night.
SAO PAULO-- Fire forced the shutdown of a transformer in a substation, causing a 30- minute-long power outage in five Brazilians states, the country's Electric Energy System Operator said Thursday. "There was no blackout, but a preventive and controlled shutdown," agency director Hermes Chipp told reporters.
NEW YORK-- Shares of Given Imaging Ltd. rose Thursday, after the Israeli maker of pill-sized diagnostic cameras said it acquired a U.S.-based gastrointestinal diagnostics company.
HMS Holdings Corp.' s shares plunged Thursday after the healthcare benefits coordinator lowered its guidance. The company now expects to earn 55 to 60 cents per share for the year, down from its prior forecast of 58 to 64 cents per share. It dropped its annual revenue forecast to $480 million to $490 million, from a prior range of $500 million to $515 million.
Two people blinded in Washington, D.C., in 2005. Three dead in Virginia in 2006 and three more in Oregon the following year. Twenty-one dead polo horses in Florida in 2009. Earlier this year, 33 people in seven states with fungal eye infections. Unlike manufactured drugs, these products are not subject to approval by the Food and Drug Administration.
JOPLIN, Mo.-- Joplin will receive $2.4 million in federal funding to deal with soil contamination stirred up by the May 2011 tornado, the Environmental Protection Agency said Thursday.