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  • RPT-U.S. ethanol industry sputters on cheap gas prices Thursday, 3 Sep 2015 | 7:00 AM ET

    CHICAGO/ NEW YORK, Sept 2- The closure of two ethanol plants this week and proposed sale of a third highlight the growing challenges faced by small producers located far from cheap feedstock supplies in the U.S. The biggest producers such as No. 1 Archer Daniels Midland Co and Green Plains Inc said they have benefited this summer from better-than-expected fuel...

  • US Muslims hope new billboards reclaim Islam's message Thursday, 3 Sep 2015 | 12:05 AM ET

    The New York- based Islamic Circle of North America has erected 100 billboards over the summer that feature statements such as: "Muhammad believed in peace, social justice, women's rights" and "Muhammad always taught love, not hate; peace, not violence." They are in cities including Boston; New York; Phoenix; San Diego; El Paso and Austin, Texas; Memphis, Tennessee;...

  • KAILUA-KONA, Hawaii— Greg Colden, a farmer on Hawaii's Big Island, said he is most worried about the damage that more rain and sustained winds could do to the area as Hurricane Ignacio passes by this week. He is one of the owners of Kona Natural Soap Co. in Holualoa, upslope of Kona Village on the west side of the island, and has 450 coffee trees and 1,250 cacao trees.

  • NEW YORK— Shares of Freeport-McMoRan jumped Friday, a day after it announced cost-cutting plans and activist investor Carl Icahn disclosed that he bought a stake in the mining company. Freeport-McMoRan said Thursday that it would cut costs and reduce spending due to falling copper prices and soft economic conditions around the world. Shares of...

  • PHOENIX— Activist investor Carl Icahn said late Thursday that he has taken an 8.5- percent stake in Freeport-McMoRan, just hours after the mining company announced cost cuts and lower spending in response to declining copper prices and soft economic conditions worldwide. According to FactSet, Icahn is now Freeport-McMoRan's largest shareholder.

  • Arizona severs ties with prison operator over July riots Wednesday, 26 Aug 2015 | 6:17 PM ET

    Doug Ducey announced the action against Centerville, Utah- based Management and Training Corp. after the state released a scathing report about numerous issues at the Kingman prison, including a "culture of casual indifference toward staff and training" that contributed to the riots. "What happened at Kingman was frightening, disturbing and completely...

  • PHOENIX— Arizona is severing ties with private prison operator over violent July riots.

  • PHOENIX— A judge ruled Wednesday that a hospital assessment that pays for the expansion of the state's Medicaid program did not require a supermajority vote of the Legislature to be enacted and is therefore constitutional. The ruling from Maricopa County Superior Court Judge Douglas Gerlach comes more than 18 months after the expansion went into effect and...

  • Urban areas where commuters endure the most extra hours Wednesday, 26 Aug 2015 | 12:01 AM ET

    Traffic congestion nationally reached a new peak last year and is greater than ever before, according to a report by the Texas A&M Transportation Institute and INRIX Inc. Their analysis is based on federal data on the number of cars on the road and on traffic speed data collected by INRIX on 1.3 million miles of urban streets and highways. 1. Washington, D.C.-...

  • Uber to work with UofA on mapping, self-driving cars Tuesday, 25 Aug 2015 | 1:50 PM ET

    TUCSON, Ariz.— Uber is partnering with the University of Arizona to develop mapping technology as the ride-hailing company expands its research of driverless car technology. The partnership announced Tuesday between the San Francisco- based company and the university includes a $25,000 grant to UofA's College of Optical Sciences. "I think the College of...

  • 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.

  • LAS VEGAS— President Barack Obama brought presidential star power to tout the benefits of solar electricity in Western states during an annual green power conference Monday in Las Vegas hosted by U.S. Obama headlined an event that Reid has nurtured as Democratic leader of the Senate to seek support for new executive actions and other efforts aimed at making...

  • NEW YORK, Aug 10- A man accused by U.S. prosecutors of running a $300 million penny-stock manipulation fraud that drove the market value of little-known Cynk Technology Corp past $6 billion pleaded not guilty on Monday. Gregg Mulholland, also known as "Stamps" and " Charlie Wolf," was arraigned on charges including securities fraud in an indictment recently filed in...

  • TORONTO/ JAKARTA, July 25- Shares of diversified miner and energy producer Freeport-McMoRan sank for a second session on Friday, as uncertainty around Indonesian mining contracts added to worries about spending plans, high debt and falling commodity prices. "They haven't completed the terms," Coal and Minerals director general Bambang Gatot told reporters...

  • TORONTO, July 24- Shares of diversified miner and energy producer Freeport-McMoRan sank for a second session Friday, as uncertainty around Indonesian mining contracts added to worries about spending plans, high debt and falling commodity prices. Over the past two days, Freeport's market capitalization has shed some $2.9 billion, dropping to $12.75 billion...

  • July 23- Diversified U.S. miner and energy producer Freeport-McMoran Inc reported an unexpectedly strong adjusted profit on Thursday as sales of the metals and oil it produces rose, but its hefty debt load swelled and it also posted a big net loss. The Phoenix, Arizona- based company's net loss of $1.85 billion, or $1.78 per share, resulted from writedowns on its oil...

  • TORONTO, July 23- Diversified U.S. miner and energy company Freeport-McMoran Inc reported a sizeable second-quarter net loss on Thursday, reflecting a big write-down for the value of its oil and gas properties and slumping prices for the copper, gold and oil that it produces. The Phoenix, Arizona- based company reported a net loss attributable to shareholders of...

  • TORONTO, July 23- Diversified U.S. miner and energy company Freeport-McMoran Inc reported a sizeable second-quarter net loss on Thursday, reflecting a big write-down for the value of its oil and gas properties and slumping prices for the copper, gold and oil that it produces. The Phoenix, Arizona- based company reported a net loss attributable to shareholders of...

  • July 15- A solar-powered plane halfway through an attempt to circle the globe will be grounded in Hawaii for at least nine months because of battery damage sustained during its record 118- hour flight to Oahu from Japan, the project team said on Wednesday. The batteries became overheated during the aircraft's initial climb after takeoff on June 29 from Nagoya,...

  • July 15- A solar-powered plane halfway through an attempt to circle the globe will be grounded in Hawaii for at least nine months because of battery damage sustained during its record 118- hour flight to Oahu from Japan, the project team said on Wednesday. The batteries became overheated during the aircraft's initial climb after takeoff on June 29 from Nagoya,...