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  • OSHKOSH, Wis.— Wisconsin- based Oshkosh Corp. won a major contract Tuesday to build a new combat vehicle to replace a large share of the U.S. military's Humvee troop carriers. The Army and Marine Corps plan to buy as many as 55,000 JLTVs by 2040. Nearly 49,100 would be built for the Army with 5,500 going to the Marines. Pentagon officials declined during a briefing for...

  • The lawsuits were filed between last month and Monday by Ashley Madison users in California, Texas, Missouri, Georgia, Tennessee and Minnesota. "Needless to say, this dumping of sensitive personal and financial information is bound to have catastrophic effects on the lives of the website's users," according to a lawsuit filed Friday on behalf of an anonymous Los...

  • DC regulators reject proposed merger of Exelon, Pepco Tuesday, 25 Aug 2015 | 12:34 PM ET

    WASHINGTON— Regulators in the District of Columbia rejected the proposed merger of power companies Exelon and Pepco on Tuesday, saying the deal would not benefit ratepayers. Chicago- based Exelon announced in April of 2014 that it was buying Washington, D.C.- based Pepco Holdings Inc. for $6.8 billion. "We found no benefit to District ratepayers in a new...

  • US home rents rose in July as ownership market cooled Tuesday, 25 Aug 2015 | 8:30 AM ET

    On a month-to-month basis, rents increased in Baltimore, Boston, Minneapolis, Phoenix and Washington, D.C. By contrast, home values in those markets declined. The trend is most pronounced around Washington, where home values slipped on an annual as well as on a monthly basis. Over the past 12 months, the median home price in Washington fell 0.7 percent to $356,500.

  • Aug 24- Geico, the auto insurance unit of Warren Buffett's Berkshire Hathaway Inc, agreed to pay $6 million to settle charges it discriminated based on gender, education level and occupation when quoting rates online, the California Department of Insurance said on Monday. The settlement lasts three years and resolves claims first raised by the Consumer...

  • NEW YORK— A New York auction of American coins from 1792 to the 1830 s could bring as much as $20 million. The coin was acquired in Philadelphia after its mintage by British author and House of Lords member William Strickland. "It's undoubtedly the most valuable $10 gold piece in existence and may also set a new record for any pre-Gold Rush United States gold coin,"...

  • DETROIT, Aug 21- U.S. safety regulators have opened an investigation into air bags on Honda Motor Co's 2008 Accord sedans after 19 complaints of air bags failing to deploy including in a front crash that resulted in an injury, federal officials said on Friday. It appears to be a problem separate from that of combustible air bag inflators made by Takata Corp in Honda...

  • It also was a win for the White House, which proposed the rules four years ago as part of an effort to go around an unwilling Congress in a bid to help low-wage workers through executive action. A federal judge had scrapped the Labor Department rules earlier this year after finding that the agency had overstepped its authority. But the U.S. Court of Appeals for the...

  • "We saw strange things in the data," said Chris Barnes, a former swaps trader now with ClarusFT, a London- based data firm. The missing transactions reflected an effort by some of the largest U.S. banks- including Goldman Sachs, JP Morgan Chase, Citigroup, Bank of America, and Morgan Stanley- to get around new regulations on derivatives enacted in the wake of the financial...

  • *U.S. crude falls to March 2009 lows just above $40/ bbl. *If US crude breaks below $40, could drop under $30- analysts. NEW YORK, Aug 19- U.S. crude oil slumped over 4 percent on Wednesday to hit a 6-1/ 2- year low and almost break below $40 per barrel, as a huge unexpected stockpile build in the United States reinforced concerns about a growing global oil glut.

  • NEW YORK, Aug 19- Oil prices fell 4 percent on Wednesday, with U.S. crude hitting 6-1/ 2 year lows, after a huge unexpected stockpile build in the United States reinforced concern about a growing global oil glut and predictions of even lower prices. As late as Tuesday, the American Petroleum Institute, an industry group, forecast a 2.3 million barrel drawdown for the...

  • NEW YORK, Aug 19- U.S. crude oil inventories rose and gasoline stocks fell last week as crude imports surged while refinery problems cut runs during the summer driving demand season, data from the Energy Information Administration showed on Wednesday. "The report is bearish, with the focus squarely on crude oil and the large increase in overall inventories, due...

  • NEW YORK, Aug 18- Oil prices settled up on Tuesday, with U.S. crude rallying as much as 2 percent, after bullish economic data and bets for lower crude stockpiles in the United States, the world's largest oil consumer. New York- traded U.S. crude settled up 75 cents at $42.62 a barrel after U.S. housing starts hit a near eight-year high in July. Brent, the London- traded...

  • Can you hear us now? AT&T helped with NSA spying Saturday, 15 Aug 2015 | 1:13 PM ET
    AT&T

    The NSA's ability to spy on U.S. Internet traffic has relied on its partnership with a single company: Telecom giant AT&T, The NY Times reports.

  • *U.S. crude hit low just cents above March 2009 low of $42.03. NEW YORK, Aug 13- U.S. oil futures fell more than 2 percent on Thursday to trade near their lowest price in six and a half years, as data showing a big rise in key U.S. stockpiles intensified worries over a growing global glut. Oil has fallen by nearly a third since late June, a decline that continued this week after...

  • NEW YORK, Aug 12- Oil ended up on Wednesday as a weaker dollar and lower U.S. crude stockpiles provided a modest bounce off six-year lows hit the previous session, when worries about China's plummeting currency and economic slowdown deflated prices. "The market needed a big drawdown to reverse the current trends and didn't get it," said Chris Jarvis, analyst at...

  • UPDATE 9-Oil steady on U.S. stockpile decline, dollar drop Wednesday, 12 Aug 2015 | 12:35 PM ET

    NEW YORK, Aug 12- Oil prices steadied on Wednesday as a weaker dollar and lower U.S. crude stockpiles provided a modest bounce off six-year lows hit the previous session, when worries about China's plummeting currency and economic slowdown sank prices. "The market needed a big drawdown to reverse the current trends and didn't get it," said Chris Jarvis, analyst at...

  • NEW YORK, Aug 7- Crude oil dipped on Friday, plumbing multi-month lows and headed for a sixth straight week of losses, pressured by tumbling gasoline prices as the approaching end of the U.S. summer driving season suggested a growing surplus in fuel supply. Traders and investors were awaiting the latest weekly reading on the U.S. oil rig count from industry firm...

  • WASHINGTON, Aug 6- Democratic presidential candidates will hold the first of six primary debates on October 13 in Nevada, the party said on Thursday, setting out a debate calendar that rivals of frontrunner Hillary Clinton say is insufficient. Announcing the calendar on the day of the first Republican primary debate, the Democratic National Committee set the...

  • *Prices need to be lower for longer- Goldman Sachs. Brent, the global oil benchmark, was down 60 cents, or 1.3 percent, at $48.99 a barrel by 11:42 a.m EDT after setting a six-month low at $48.88. U.S. crude was down 90 cents, or almost 2 percent, at $44.25 after touching a 4-1/ 2 month bottom at $44.20.