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  • NEW YORK— Police: Divers searching for pilot of small World War II plane that crashed in Hudson River recover body.

  • Verizon Yahoo

    Verizon is working on its bid for Yahoo's core assets with an investment bank which was, as recently as last year, one of the company's top advisers.

  • SHANGHAI— In 2011, a respected anti-counterfeiting coalition in Washington escalated its fight against the Chinese e-commerce giant Alibaba, saying its websites served as a 24- hour market "for counterfeiters and pirates" and should be blacklisted. Alibaba had become "one of our strongest partners." The group welcomed Alibaba as a member and invited its...

  • Dannel P. Malloy said he wished Connecticut didn't have to compete with other states like Massachusetts, New York, New Jersey and Rhode Island by offering money to keep or attract companies, but that was today's reality. Under Connecticut's agreement with Bridgewater, which manages approximately $150 billion in investments for institutional clients, the...

  • A shortage of staff and a surge in air travelers have created a nightmare scenario for the U.S. Transportation Security Administration, with airport wait times in places like Chicago having stretched beyond two hours. Department of Homeland Security Secretary Jeh Johnson, who oversees the TSA, said he asked Congress on Thursday for another $28 million to...

  • NEW YORK/ SAN FRANCISCO, May 26- Verizon Communications Inc is working on its bid for Yahoo Inc's core assets with an investment bank which was, as recently as last year, one of the U.S. internet company's top advisers, people familiar with the matter said. The bank was listed as its lead adviser last year on a plan to spin off its 15 percent stake in China's e-commerce...

  • NEW YORK, May 26- U.S. fund investors deployed money into taxable bond funds and other safer assets in the latest week, Lipper data showed on Thursday, amplifying a rotation from stocks into bonds which has become one of this year's dominant themes. Taxable bond funds had inflows of $1.5 billion during the week ended May 25, less robust than the $4.9 billion of...

  • Among the proposals, Trump said he would pull the United States out of the U.N. global climate accord, approve the Keystone XL oil pipeline from Canada and rescind measures by President Barack Obama to cut U.S. emissions and protect waterways from industrial pollution. "Any regulation that's outdated, unnecessary, bad for workers or contrary to the national...

  • May 26- The New Jersey legislature approved a rescue package on Thursday to lift Atlantic City out of its fiscal distress and give the struggling gambling hub more time to craft a recovery plan before facing a possible state takeover. The compromise came after weeks of rancor between lawmakers, local officials and Governor Chris Christie over the magnitude of...

  • BOSTON— A shipwreck from the 1800 s has been uncovered during construction in Boston's Seaport District. City archaeologist Joe Bagley tells WBZ-TV it's the first time a shipwreck has been found in that section of the city, a trendy waterfront area with office buildings, expensive condos and upscale restaurants. New York- based construction company Skanska...

  • NEW YORK, May 26- Oil prices eased on Thursday after topping $50 a barrel for the first time in about seven months, while U.S. stocks ended near flat after two days of strong gains. "The global surplus still exists and there is still a possibility that oil prices could retrace further," said Dominick Chirichella, senior partner at the Energy Management Institute in New...

  • A shortage of staff and a surge in air travelers have created a nightmare scenario for the U.S. Transportation Security Administration, with airport wait times in places like Chicago having stretched beyond two hours. American, the world's biggest airline, wants TSA to create a senior internal role focused on traveler concerns, Philipovitch told a...

  • May 26- Wall Street treaded water on Thursday following two days of strong gains as advancing utilities offset declines in materials, banks and other cyclical industries. "People are taking their foot off the gas after making a bunch of money, and now they're waiting for the next data point," said Phil Blancato, chief executive of Ladenburg Thalmann Asset...

  • Trump said he would pull the United States out of the U.N. global climate accord, approve the Keystone XL oil pipeline from Canada and rescind measures by President Barack Obama to cut U.S. emissions and expand protections for U.S. waterways. "Any regulation that's outdated, unnecessary, bad for workers or contrary to the national interest will be scrapped and...

  • NEW YORK— U.S. stocks barely budged on Thursday as investors moved cautiously after two days of large gains. Utilities and phone companies rose the most as bond yields slipped, while chemicals companies and banks returned some of their recent gains. The Dow Jones industrial average slipped 23.22 points, or 0.1 percent, to 17,828.29.

  • BOSTON— In a story May 20 on fees paid by colleges to commencement speakers, The Associated Press, relying on information from Rutgers University, reported erroneously that it had paid PBS journalist Bill Moyer $35,000 for an address. This year, for instance, the University of Houston paid $35,000 to book retired astronaut Scott Kelly as the commencement...

  • NEW YORK— The price of oil topped $50 a barrel this week for the first time since July, delivering a cash infusion to oil producers and a lift to beaten-down energy stocks. Analysts say oil prices could rise further, but most have a cap around $60 to $65 a barrel. Federal Reserve Chair Janet Yellen has said lower oil prices "on net, likely boost spending and economic...

  • Dollar Tree Inc., up $10.01 to $88.37. U.S. Foods Holding Corp., up $1.91 to $24.91. HP Inc., up 84 cents to $13.04.

  • May 26- For Alan Feid, a 28- year-old looking to buy an engagement ring for his fiancée, the rings he found in the diamond district in Manhattan were just as good as the ones he saw at Tiffany& Co's flagship store on Fifth Avenue. "At the end of the day, I don't think there's much of a difference when it comes to the style or the quality," said Feid, a resident of Jersey City, New...

  • May 26- Wall Street treaded water on Thursday following two days of strong gains as advancing defensive sectors offset declines in materials, banks and other cyclical industries. "People are taking their foot off the gas after making a bunch of money, and now they're waiting for the next data point," said Phil Blancato, chief executive of Ladenburg Thalmann Asset...