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  • CHICAGO, March 1- U.S. wheat futures fell to multi-year lows on Tuesday, pressured by strength in the dollar and better crop conditions than last year in the Plains, analysts said. At the Chicago Board of Trade as of 1:11 p.m. CST, May wheat was down 7-1/ 4 cents at $4.46 per bushel after dipping to $4.45-1/ 2, a contract low and the lowest price for a most-active contract...

  • NEW YORK, Feb 29- U.S. Contracts to buy previously owned U.S. homes fell to their lowest level in a year in January, likely weighed down by harsh weather and a shortage of properties for sale, a report by the National Association of Realtors showed. "Looking at recent data, as far as economic reports, it has been a mixed bag with this morning being weaker than anticipated,"...

  • WASHINGTON, Feb 10- The U.S. power sector's shift toward burning less coal and using more natural gas and renewable energy will not be derailed by the Supreme Court ruling against the Obama administration's limits on carbon emissions, state regulators and utilities said on Wednesday. The U.S. Supreme Court decided 5-4 on Tuesday to block the Environmental...

  • Jan 21- New York Governor Andrew Cuomo tapped Maria Vullo, a lawyer who represented banks and donated to Cuomo's campaigns, as the state's top financial regulator, his office said on Thursday. Vullo's nomination as superintendent of the New York State Department of Financial Services comes eight months after former superintendent Benjamin Lawsky left the...

  • Jan 21- New York Governor Andrew Cuomo tapped Maria Vullo, a lawyer who represented banks and donated to Cuomo's campaigns, as the state's top financial regulator, his office said on Thursday. Vullo's nomination as superintendent of the New York State Department of Financial Services comes eight months after former superintendent Benjamin Lawsky left the...

  • NEW YORK, Jan 11- U.S. shale oil production is expected to fall for a seventh month in a row in February, declining at about the same rate as the month before as drillers manage to eke out a few more barrels from each new well, U.S. data showed on Monday. Total output was set to decline by 116,000 bpd to 4.8 million bpd in February compared with January, a U.S. Energy...

  • RIG-OL-USA- BHI> The remaining 516 rigs were the fewest since April 2010, according to the data, but few expect the slump to end there. "So long as the price for oil stays low, the rig count will continue to decline," said Arthur Gelber, founder and president of energy consulting and advisory firm Gelber and Associates in Houston. U.S. oil futures on Friday failed to draw...

  • Drillers removed 20 oil rigs in the week ended Jan. 8, bringing the total rig count RIG-OL-USA- BHI> down to 516, the least since April 2010, oil services company Baker Hughes Inc said in its closely followed report. "Daily fluctuations in oil prices do not have an immediate effect on rig count changes," said Chris Kostas, senior power and gas analyst at Energy Security...

  • LOS ANGELES, Dec 23- Southern California Gas Co and the Los Angeles City Attorney reached an agreement on Wednesday on a plan for the utility to provide temporary housing for residents living near a massive underground natural gas leak, the Los Angeles Times reported. SoCal Gas said in a statement that it already had devised a relocation plan but agreed to a...

  • Dec 22- An outbreak of E. coli linked to rotisserie chicken salad sold by warehouse club operator Costco Wholesale Corp appears to be over, the U.S. Centers for Disease Control said on Tuesday. The Costco outbreak was initially traced to a celery-and-onion mix made by Taylor Farms Pacific Inc used in making the chicken salad. Products were recalled from chains...

  • Drillers added 17 oil rigs in the week ended Dec. 18, bringing the total up to 541, oil services company Baker Hughes Inc said in its closely followed report. In the minutes after Baker Hughes released the report, U.S. crude futures fell 20 cents to $34.29 a barrel, the lowest level since February 2009, before paring losses. U.S. crude futures for next year were trading...

  • A woman covers herself from the sun with a blue hat during a warm day in New York

    These record-breaking temperatures are continuing a trend set to establish 2015 as one of the warmest years on record.

  • "Using permits for field trials of GE wheat provides an additional level of safeguarding based on, and consistent with the biology of wheat," USDA said in a report accompanying its notice. "It became clear to us following the GE wheat incident in Oregon that the detection of regulated GE wheat where it was not authorized, had great potential to disrupt wheat markets...

  • Drillers removed 21 oil rigs in the week ended Dec. 11, bringing the total rig count down to 524, the least since April 2010, oil services company Baker Hughes Inc said in its closely followed report. U.S. crude futures fell as low as $35.35 a barrel on Friday, its lowest level since February 2009, after the International Energy agency warned global oversupply could...

  • Dec 8- A U.S. federal agency has yet to identify the source of an E. coli outbreak that sickened at least 19 people in seven states who may have been infected after eating rotisserie chicken salad sold at Costco Wholesale Corp.. A U.S. Food and Drug Administration laboratory analysis did not confirm the presence of E. coli in a sample of celery and onion mix collected...

  • WASHINGTON, Dec 8- More than 500 civil lawsuits filed against Volkswagen AG over the use of software to evade emissions limits will be heard by a federal judge in California, a U.S. judicial panel responsible for consolidating related lawsuits said on Tuesday. District Judge Charles Breyer in the Northern District of California. Ultimately, the panel decided to...

  • WASHINGTON, Dec 8- A U.S. judicial panel said Tuesday that up to 451 civil lawsuits filed against Volkswagen AG over use of software to evade emissions limits will be heard by a federal judge in California. District Judge Charles Breyer in northern California, after VW and the Justice Department had urged that the cases be heard in Detroit. The panel noted that 101...

  • FDA, UNABLE TO CONFIRM PRESENCE OF E.COLI IN CELERY PRODUCED BY TAYLOR FARMS PACIFIC COLLECTED FROM MONTANA COSTCO STORE.

  • On Friday, OPEC decided to keep production near record highs despite depressed prices, as a way to boost market share by forcing rivals to reduce output. Drillers removed 10 oil rigs in the week ended Dec. 4, bringing the total rig count down to 545, the least since June 2010, oil services company Baker Hughes Inc said in its closely followed report.

  • Dec 2- An Oakland company working with scientists from the University of California at Berkeley is claiming a breakthrough in the race to develop an instant roadside marijuana breathalyzer. Hound Labs Inc, whose device is also uniquely designed to double up as an alcohol breathalyzer, is among a handful of companies and researchers hoping to capitalize on...