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  • Feb 10- U.S. stocks gained on Wednesday after Federal Reserve Chair Janet Yellen said conditions in the United States would allow for "gradual" rate hikes, and as technology stocks rebounded. Fears of a China- led global economic slowdown, along with oil's steep slide since the Fed raised rates in December have dampened the market's expectations for a hike in...

  • WASHINGTON— Recovering from a medical procedure is always a challenge, but getting hit with unexpected insurance fees can add financial hardship to the process. As health insurance plans become increasingly complicated, more patients are facing unexpected fees when they step outside their plan's coverage network. Nearly a third of insured Americans who...

  • NEW YORK— The National Retail Federation is forecasting retail spending growth of 3.1 percent in 2016, a slowdown from the group's annual estimate a year ago. The nation's largest retail trade industry group says the uptick would top the 10- year average of growth of 2.7 percent. "There are a lot of positives in the economy," said NRF CEO Matthew Shay.

  • NEW YORK, Feb 10- U.S. crude stockpiles fell unexpectedly last week as imports slumped, while gasoline inventories hit a record high for a second week, data from the Energy Information Administration showed on Wednesday. U.S. crude futures initially rose on the news, topping $29 a barrel, but quickly retreated, and was at $27.85, down 9 cents on the day by 11:03 a.m....

  • NEW YORK, Feb 10- The U.S. Supreme Court's decision to block federal regulations to curb carbon dioxide emissions failed to give a sustained boost to shares of the long-battered coal sector on Wednesday. After initially trading higher, Consol Energy Inc stock slipped 2.3 percent, and Peabody Energy Corp fell 0.9 percent. The states, led by coal producer West...

  • DETROIT— Subaru is recalling 82,661 Tribeca SUVs because their hoods can open unexpectedly while driving. Subaru says rust or grease buildup can cause the springs in the hood to seize up and stop working. First, Subaru dealers will inspect, clean and lubricate the hood system.

  • Feb 10- Waste collection company Advance Disposal Services Inc has decided to delay a $471 million initial public offering that was scheduled to price on Wednesday, due to stock market volatility, people familiar with the matter said. Airport restaurant operator OTG EXP Inc, which had been looking to raise as much as $585 million in its IPO, announced its...

  • The motion filed by Lance Cooper, a Georgia attorney who first publicly exposed the defect, accused a lawyer leading federal litigation over the switch, Robert Hilliard, of mismanaging the cases and negotiating a multimillion dollar settlement primarily to benefit his own clients, rather than all plaintiffs. District Judge Jesse Furman in Manhattan, who...

  • WASHINGTON— A Senate committee is backing President Barack Obama's nominee to head the Office of Personnel Management. By voice vote, the Senate Homeland and Governmental Affairs Committee has approved the nomination of Beth Cobert to head the agency. Cobert's nomination now moves to the full Senate.

  • BERKELEY, Calif.— The University of California, Berkeley, is running a $150 million deficit this year and must undertake a top-to-bottom review of expenses if it hopes to sustain its national standing as a premier public institution, the school's chancellor warned Wednesday. Inadequate state funding and other factors had created "a substantial and growing...

  • Feb 10- A U.S. judge on Wednesday rejected a request to reconsider his approval for a settlement fund to resolve more than a thousand lawsuits over injuries and deaths blamed on an ignition switch defect that prompted General Motors to recall 2.6 million vehicles. The motion filed by Lance Cooper, a Georgia attorney who first publicly exposed the defect, accused...

  • CALGARY, Alberta, Feb 9- Faced with record low prices for heavy crude, Canadian energy companies are sacrificing other parts of their business to keep higher-cost oil sands production going and safeguard the billions already invested in these multi-decade projects. Although the move to support higher-cost production seems counterintuitive, oil sands...

  • CHICAGO— Grain futures were mostly lower Wednesday in early trading on the Chicago Board of Trade. Wheat for March delivery was 2 cents higher at $4.5940 a bushel; March corn was 1 cent lower at $3.60 a bushel; March oats were 3 cents lower at $1.9260 a bushel; while March soybeans was. 25 cent lower at $8.63 a bushel. April live cattle was 1.15 cents higher at $1.3230 a...

  • WASHINGTON, Feb 10- A top Federal Reserve policymaker on Wednesday expressed concern that U.S. reforms enacted after the global financial crisis may have made it harder to stem a credit market panic, a warning that came amid growing stress in corners of the banking sector. In a speech that followed weeks of plunging stock prices for global banks and growing...

  • NEW YORK— Got hundreds of Facebook friends you hardly know? Now is a good time to do some digital cleanup, while the year is still fresh. Review your security and privacy settings, and make sure those casual acquaintances you met at a bar eons ago aren't still getting the most intimate details of your life.

  • LOS ANGELES— The powerful agency that manages development on California's coastline could oust its top executive Wednesday in what has emerged as a showdown between environmentalists and business groups. The potential shake-up at the California Coastal Commission raises questions about the direction of an agency often caught in the clash between...

  • ORLANDO, Fla. _ Gencor Industries Inc. on Wednesday reported fiscal first-quarter net income of $1.6 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Orlando, Florida- based company said it had net income of 16 cents. Keywords: Gencor Industries, Earnings Report.

  • NEW YORK— Twitter is tweaking its timeline. The social media site will let people turn on a setting that lets popular tweets related to people you follow show up first in your timeline, followed by the real-time feed most people on Twitter are used to. CEO Jack Dorsey was compelled to tweet that the real-time stream won't change.

  • DETROIT— The federal government's highway safety agency agrees with Google: Computers that will control cars of the future can be considered their driver. While the National Highway Traffic Safety Administration agreed with Google's "driver" reinterpretation in a recent letter, it didn't allow other concessions and said numerous federal rules would have...

  • The January 2014 crash on Interstate 88 near Naperville, Illinois, killed a tollway worker and seriously injured a state trooper whose patrol car was engulfed in flames. Although regulators had classified the Illinois company, DND International Inc., as high-risk, based on a lengthy record of problems, they failed to make the carrier comply with rules, the...