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  • Bimbo Bakeries recalls bread sold in 11 states Wednesday, 26 Aug 2015 | 6:44 PM ET

    NEW YORK— The maker of Sara Lee, Nature's Harvest and other brands is recalling about 48,000 packages of bread sold in 11 states because they may contain fragments of glass from a broken light bulb at a company factory. The recall covers seven different Sara Lee products, two each sold under the Nature's Harvest and Great Value brands, and one each for the Kroger,...

  • Sanderson Farms posts 3Q profit Tuesday, 25 Aug 2015 | 7:09 AM ET

    LAUREL, Miss. _ Sanderson Farms Inc. on Tuesday reported fiscal third-quarter profit of $50.9 million. Sanderson Farms shares have decreased 19 percent since the beginning of the year. Keywords: Sanderson Farms, Earnings Report.

  • BILLINGS, Mont.— U.S. and China officials took a major step Tuesday toward an agreement to advance "clean coal" technologies that purport to reduce the fuel's contribution to climate change— and could offer a potential lifeline for an industry that's seen its fortunes fade. The agreement between the U.S. Department of Energy and China's National Energy...

  • Helped by billions of dollars in recovery money, buoyed by volunteers and driven by the grit of its own citizens, New Orleans has rebounded in ways few thought possible in the decade since Hurricane Katrina. The' New' New Orleans is whiter and more expensive to live in. "You're going to hear a lot of folks say things are so much better, the economy is so improved, and other...

  • NEW ORLEANS— With the 10th anniversary of Hurricane Katrina approaching, Wal-Mart is announcing a $25 million, five-year commitment to support disaster recovery efforts around the world. The corporation and its charitable foundation announced the plans Friday in New Orleans, part of more than a week's worth of observances in the city and along the Gulf Coast.

  • DuPont spinoff Chemours closing Delaware chemical plant Thursday, 20 Aug 2015 | 11:29 AM ET

    DOVER, Del.— The Chemours Co. is closing its Delaware titanium dioxide production facility, which employs about 200 workers, the former performance chemicals business spun off from the DuPont Co. said Thursday. In addition to closing the Edge Moor manufacturing site near Wilmington, Chemours is shutting down a titanium dioxide production line in New...

  • Oil lease sale western Gulf's lowest ever in bids, money Wednesday, 19 Aug 2015 | 4:05 AM ET

    NEW ORLEANS— The smallest oil lease sale ever in the western Gulf of Mexico and one of the smallest in the entire Gulf brought only five bidders Wednesday, with low oil prices limiting interest in the prospects. Officials had expected interest to be down from last year because oil prices are so low, said Mike Celata, acting regional director for the Bureau of Ocean...

  • FAIRFIELD, Ala.— U.S. Steel Corp. said Monday that it will close its Fairfield Works mill, one of the largest remaining pieces from Birmingham's years as a Southern steel-making giant. "Any time you're talking about a major layoff, it's no good news at all," Fairfield Mayor Kenneth Coachman said. The plant is just outside the city limits of its namesake town, but...

  • NEW ORLEANS, July 14- Signal International will pay $20 million to settle lawsuits alleging fraud and labor trafficking by the Alabama oil rig repair company, which brought hundreds of Indian men to work on the Gulf Coast after Hurricane Katrina, attorneys for the plaintiffs said on Tuesday. "These workers have waited seven long years for justice," Jim Knoepp,...

  • NEW YORK/ LONDON/ HOUSTON, July 9- In early May, with its legal options dwindling and investors impatient, BP Plc saw a chance to negotiate what became a $18.7 billion settlement that ended five years of litigation over the worst offshore oil spill in U.S. history. An unexpected opportunity to secure a global deal that would wipe the slate clean of hundreds of claims...

  • HOUSTON, July 2- BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history. Under the agreement with the U.S. Department of Justice and the states, BP will pay at least $12.8 billion for Clean Water Act...

  • HOUSTON, July 2- BP Plc has reached an $18.7 billion deal with the U.S government and five states to settle litigation stemming from its deadly 2010 Gulf of Mexico oil well blowout and explosion that killed 11 men and unleashed the worst spill in U.S. history. It also seeks to resolve environmental and economic damage claims by Louisiana, Mississippi, Alabama,...

  • July 2- BP Plc's agreed to pay out $18.7 billion to the U.S. government and five coastal states to settle damages claims from the 2010 Gulf of Mexico spill. The following are details of the payouts and reaction from officials in Alabama, Florida, Louisiana, Mississippi and Texas:. LOUISIANA: The hardest state because of its proximity to the spill will receive more...

  • TIMELINE-BP oil spill, litigation at a glance Thursday, 2 Jul 2015 | 10:34 AM ET

    Sept 4- BP Plc reached a $18.7 billion settlement to end five years of litigation following the 2010 Gulf of Mexico oil spill. It is the largest settlement with a single entity in U.S. history, the U.S. Department of Justice said. *April 20, 2010, RIG EXPLODES: An explosion on the Deepwater Horizon oil rig at the Macondo exploration well kills 11 workers and releases...

  • July 2- BP Plc has reached a comprehensive $18.7 billion settlement with the U.S. government and five states, a landmark deal that effectively ends years of litigation over environmental damage and human casualties caused by the 2010 Gulf of Mexico spill. Clean Water Act fines and natural resources damages, along with claims by Alabama, Florida, Louisiana,...

  • July 2- BP said it has reached an $18.7 billion settlement of damages claims from the U.S. government and five states after the 2010 Gulf of Mexico spill. BP said the agreement covered claims from the states Of Alabama, Florida, Louisiana, Mississippi and Texas and 400 local government entities. Florida's Attorney General said her state's economic damages...

  • NEW YORK, June 28- The average price of regular grade gasoline fell by nearly 2 cents over the last two weeks, the first nationwide price decline at the pumps after more than two months of steady increases, according to the Lundberg survey released on Sunday. Drivers paid an average of $2.85 a gallon, 86 cents below the average price paid at this time last year.

  • *Retailers including Amazon and Wal-Mart stop selling flag. COLUMBIA, S.C., June 23- An initiative to remove the Confederate flag from the South Carolina State House grounds picked up steam on Tuesday, a week after the massacre of nine black church members, and criticism over the emblem long associated with slavery spread to other U.S. southern states.

  • Roberts, who set up Comcast after he bought a small cable television operator in Tupelo, Mississippi in 1963, died of natural causes in Philadelphia, Comcast said in a statement. He led Comcast from its humble beginnings to a $150 billion media conglomerate. Roberts, who was chairman emeritus of Comcast's board, had spent more than five decades at the company.

  • UPDATE 1-Comcast founder Ralph Roberts dies at 95 Friday, 19 Jun 2015 | 10:57 AM ET

    Roberts founded Comcast when he bought a small cable television system in Tupelo, Mississippi in 1963, and was responsible for growing the company into a $150 billion media conglomerate. Roberts, who was chairman emeritus of Comcast's board, had spent more than five decades at the company. Roberts died of natural causes in Philadelphia, Comcast said in a...