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  • The agreement, which comes after an investigation of several months by the Attorney General's office, could offer the clarity needed for Mondelez to make a new bid to acquire Hershey. The Attorney General's office had accused the trust of breaking the terms of a 2013 reform agreement with the trust, particularly with regards to spending, expenses, salary and...

  • CANONSBURG, Pa. _ CNX Coal Resources LP on Friday reported second-quarter earnings of $2.6 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. CNX Coal Resources shares have increased 38 percent since the beginning of the year.

  • NEW YORK/ LONDON, July 29- Gold rose to its highest level in nearly three weeks on Friday after much slower-than-expected U.S. economic growth weighed on the dollar, and was on track for a second monthly gain in a row. The U.S. Commerce Department reported that GDP grew at an annual rate of 1.2 percent in the second quarter, far less than economists' estimates of 2.6...

  • July 29- Genetically modified wheat developed by Monsanto Co, and never approved by federal regulators, has been found growing in a Washington state farm field, the U.S. Department of Agriculture said on Friday. The USDA is testing grain harvested from the farmer's other wheat fields as a precaution, the agency said. The grain has not been traced in commercial...

  • WASHINGTON, July 29- U.S. auto safety regulators said on Friday they were extending oversight of Fiat Chrysler Automobiles NV for an additional year, requiring the Italian-American automaker to submit to monthly meetings and early disclosures of potential vehicle issues. In July 2015, Fiat Chrysler agreed to a $105 million settlement with the U.S. National...

  • *Both down 15 pct on month; WTI drop the biggest since July 2015. NEW YORK, July 29- Oil prices recovered on Friday after a week-long selloff but still finished the month nearly 15 percent lower, with U.S. crude declining the most in a year because of a persisting glut. The Brent September contract, which expired as the front-month, settled at $42.46 a barrel, down 0.6...

  • July 29- A Delaware judge on Friday ruled that Sumner Redstone's lawyers must defend in a trial his move to oust five directors from Viacom Inc's board and suggested that he wants to get a better picture of the 93- year-old media mogul's mental capacity. In June, Redstone, through his National Amusements Inc holding company, removed five of Viacom's directors,...

  • HARRISBURG, Penn., July 29- The Pennsylvania Attorney General's office unveiled on Friday the terms of a reform agreement with the charitable trust that controls Hershey Co that includes a 10- year term limit for trustees and limits on their compensation to $110,000. The agreement, which comes after an investigation of several months by the Attorney General's...

  • *Alphabet, Amazon prop up S&P, Nasdaq. *2nd- qtr GDP growth up 1.2 pct vs est. 2.6 pct. July 29- Wall Street rose on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this month as gains in technology heavyweights Alphabet and Amazon more than made up for losses in energy shares.

  • MANSFIELD, Pa. _ Citizens Financial Services Inc. on Friday reported second-quarter net income of $3 million. Citizens Financial Services shares have risen 3 percent since the beginning of the year. Keywords: Citizens Financial Services, Earnings Report.

  • WASHINGTON, July 29- U.S. economic growth unexpectedly remained tepid in the second quarter as inventories fell for the first time in nearly five years and business investment weakened further, offsetting robust consumer spending. Gross domestic product increased at a 1.2 percent annual rate after rising by a downwardly revised 0.8 percent pace in the first...

  • Interactive Intelligence is working with boutique investment bank Union Square Advisors LLC on a sale process that has attracted other telecommunications software companies, as well as private equity firms, the people said this week. Union Interactive Intelligence declined to comment, while Union Square Advisors did not respond to requests for comment.

  • NEW YORK, July 29- The dollar dropped on Friday after data showed that the U.S. economy grew at a slower pace than expected in the second quarter, while the Japanese yen soared after the Bank of Japan's stimulus plans underwhelmed investors. U.S. gross domestic product increased at a 1.2 percent annual rate, the Commerce Department said. "There were some aspects of...

  • SCITUATE, R.I.— An investigation into former Red Sox pitcher Curt Schilling's failed video game company, 38 Studios, has resulted in no criminal violations, authorities announced Friday. Steven G. O'Donnell and Attorney General Peter Kilmartin said the yearslong investigation found "no provable criminal violations" of state law. The former ballplayer's...

  • *Alphabet, Amazon prop up S&P, Nasdaq. *2nd- qtr GDP growth up 1.2 pct vs est. 2.6 pct. July 29- Wall Street rose on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this month as gains in technology heavyweights Alphabet and Amazon more than made up for losses in energy shares.

  • ALBUQUERQUE, N.M., July 29- Dallas Federal Reserve Bank President Robert Kaplan on Friday played down the weaker-than-expected gross domestic product growth reported for the second quarter. "You can't overreact to any one data point... this number will get revised," Kaplan told reporters in New Mexico after speaking to a community bankers association.

  • July 29- Allegiant Air said its pilots represented by the Teamsters union ratified a new five-year contract, ending labor issues at the Las Vegas- based budget carrier at a time the U.S. airline industry is grappling with a shortage of pilots. Allegiant Air, owned by Allegiant Travel Co, had 625 full-time pilots at the end of 2015.. Allegiant Air had been in...

  • WASHINGTON, July 29- Tesla Motors Inc told U.S. Senate Commerce Committee staff it is considering two theories that may explain what led to the May 7 fatal crash that killed a Florida man who was using the car's "Autopilot" system, a person familiar with the meeting told Reuters on Friday. Joshua Brown was killed when his vehicle drove under the tractor-trailer.

  • July 29- Power producer NextEra Energy Inc said it agreed to buy bankrupt Texas power company Energy Future Holdings Corp's stake in Oncor Electric Delivery Co in a deal valued at about $18.4 billion. The deal will give NextEra access to the largest network of power lines in Texas. NextEra said the agreement to buy Energy Future would be filed in a Delaware court...

  • SALT LAKE CITY— The new owner of The Salt Lake Tribune made his first major editorial staffing move Friday, replacing longtime Editor Terry Orme with Jennifer Napier-Pearce, a former staffer who had recently left for a university political institute. Paul Huntsman said in a statement that Napier-Pearce, who worked at the paper as a multimedia journalist, will...