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Top News & Analysis United States

  • Their merger would have united Meredith's Better Homes& Gardens and Family Circle magazines with Time's stable of publications including People and Fortune. Time's shares closed down 17 percent at $15.2 percent in New York on Friday, leaving the company with a market capitalization of $1.5 billion. Meredith stock dropped 9.7 percent to $59.20, giving it a...

  • SAN FRANCISCO— Dockworkers were given the chance Friday to vote on a new contract extension that could provide long-term labor peace at West Coast seaports, where in recent years work slowdowns and strikes have affected billions of dollars in cargo. Union delegates for 29 ports from Washington to California voted to allow about 20,000 rank-and-file members...

  • District Judge Paul Oetken in Manhattan said prosecutors could pursue charges that Brian Block knowingly misled investors by plugging fake numbers into a spreadsheet later incorporated into American Realty's reported results, making them appear better than they actually were. American Realty shares plunged as much as 37 percent on Oct. 29, 2014, wiping...

  • KORUS, as the deal is known, has been a boon for South Korea and its U.S. goods trade surplus has surged to $28 billion. Meanwhile, the U.S. economy is strengthening, supporting consumer demand for imported goods, including cars and electronics from South Korea. One sector for which the trade deal has not gone horribly is U.S. beef, where exports have risen steadily to...

  • SAN FRANCISCO— Google CEO Sundar Pichai received a $200 million compensation package last year for running the internet company that makes nearly all the money for Alphabet Inc.. Alphabet gave the award to Pichai in January 2016, a few months after he succeeded Larry Page as Google's CEO. Page limits his annual pay to $1 because he already has an estimated...

  • Tom MacArthur has experienced personal tragedy and understands the need for health insurance. "We had over $1 million of medical bills. Yet MacArthur opposes the Affordable Care Act, President Barack Obama's law that has brought health insurance to millions more Americans.

  • DENVER— The Latest on a fatal house explosion near a Colorado gas well:. A second petroleum company says it's shutting down and inspecting wells after a deadly house explosion near a gas well in Colorado. Anadarko Petroleum announced Wednesday it was halting and inspecting 3,000 wells after the April 17 explosion in the town of Firestone, which killed two people.

  • LITTLETON, Colo. _ Vista Gold Corp. on Friday reported a loss of $2.8 million in its first quarter. The Littleton, Colorado- based company said it had a loss of 3 cents per share. Keywords: Vista Gold, Earnings Report.

  • PHILADELPHIA— Coca-Cola says Philadelphia's new tax on sweetened drinks is seriously hurting their business in the city. Fran McGorry, president and general manager of the local bottler known as Philly Coke, says because of the lost sales, the company's workforce has been reduced by about 40 positions. Lauren Hitt, a spokeswoman for Mayor Jim Kenney, says the...

  • April 28- Tesla Inc on Friday said that its subsidiary SolarCity will curtail door-to-door sales of rooftop solar installations over the next month as Tesla seeks to absorb the company into its high-end brand. The move comes at a time when growth in sales of residential solar systems has slowed in key states, including California, where Tesla is based.

  • FORT LAUDERDALE, Fla. _ Stonegate Bank on Friday reported first-quarter net income of $8 million. Stonegate Bank shares have climbed 10 percent since the beginning of the year. Keywords: Stonegate Bank, Earnings Report.

  • LOS ANGELES, April 28- California Governor Jerry Brown signed into law on Friday a bill to raise gasoline taxes and other transportation-related fees for the first time in decades in an ambitious $52 billion plan to repair the state's long-neglected roads and bridges. The measure, increasing excise taxes on gasoline by 12 cents per gallon, from the current rate...

  • *Russia confident of meeting end-April output cut target. NEW YORK, April 28- Oil prices closed up on Friday on growing hope that OPEC might agree to extend production cuts long enough to reduce a global crude glut, but crude prices still posted a weekly decline. U.S. light crude rose 36 cents to settle at $49.33 a barrel, off the day's high of $49.76.

  • WASHINGTON, April 28- A U.S. appeals court on Friday blocked health insurer Anthem Inc's bid to merge with Cigna, upholding a lower court's decision that the $54 billion deal should not be allowed because it would lead to higher prices for healthcare. The ruling will probably kill the proposed merger, which was opposed by the U.S. Justice Department, 11 states and a...

  • WASHINGTON, April 28- A U.S. appeals court on Friday blocked health insurer Anthem Inc's bid to merge with Cigna, upholding a lower court's decision that the $54 billion deal should not be allowed because it would lead to higher prices for healthcare. The ruling will probably kill the proposed merger that was opposed by the U.S. Justice Department, 11 states and a...

  • MONTREAL/ NEW YORK April 28- Canada's Bombardier Inc hit back on Friday at rival U.S. planemaker Boeing Co's claim that it sold jets well below cost to win market share in the United States, the latest sign of increasing trade tensions between the two countries. The spat comes days after Washington imposed duties averaging 20 percent on imports of Canadian...

  • SAN FRANCISCO, April 28- Tesla Inc is recruiting engineers from Mexico to work on robotics and other automated equipment at its California factory, according to LinkedIn postings viewed by Reuters, part of a hiring push to ready the plant for mass production of the upcoming Model 3.. Tesla did not immediately respond to a request for comment on its Mexico hiring...

  • *Canadian dollar ends at C $1.3650, or 73.26 U.S. cents. for the last time by the Bank of Canada, was C $1.3650 to the greenback, or 73.26 U.S. cents, weaker than Thursday's close of C $1.3624, or 73.40 U.S. cents. President Donald Trump told Reuters on Thursday that he had been "psyched" to terminate the North American Free Trade Agreement with Canada and Mexico on Saturday,...

  • WASHINGTON— One of the two remaining members of the Federal Energy Regulatory Commission says she will not seek a second term, a move that could leave the five-member panel with a single commissioner and further hobble its ability to make decisions. President Donald Trump tapped Democrat Cheryl LaFleur to lead the commission but has yet to fill three...

  • DENVER— A second petroleum company said it would shut down and inspect wells after a fatal house explosion near a gas well in Colorado, although investigators have not said whether the well was the cause. Great Western Oil& Gas Co. said it would check 61 of its wells and hoped all would be shut down by Thursday. Anadarko Petroleum announced Wednesday it was shutting...