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  • Though 34 states had declining debt levels, two had double-digit increases: Kansas and South Dakota, at 40 percent and 20 percent, respectively. States with the largest year-over-year debt level declines were Nebraska and North Dakota, each with a 15 percent drop, and Utah, which saw its debt decrease 12 percent. States with the highest per capita debt levels were...

  • Chazz Palminteri signs autographs at the reopening of "A Bronx Tale" on Broadway after the Stagehands' strike ends at Walter Kerr Theatre on November 29, 2007 in New York City.

    Chazz Palminteri has made millions during a career that has spanned Broadway, Hollywood and now the restaurant business. Here's how he did it.

  • Sophia Mendelsohn, head of sustainability for JetBlue

    Growing potatoes, kale and garlic at JFK airport? JetBlue's sustainability chief is rewriting the book on going green.

  • April 20- Puerto Rico's Government Development Bank, the U.S. territory's primary fiscal agent, has filed with regulators to issue taxable one-year debt as it faces a looming default on May 1. The GDB owes creditors $422 million on May 1, a payment the island's governor, Alejandro Garcia Padilla, has said it cannot afford. A default at GDB, the main liquidity source...

  • April 20- The Government Development Bank of Puerto Rico has filed with regulators to issue taxable one-year notes as it faces a looming debt default on May 1, Bloomberg news service reported on Wednesday. The filing with the Municipal Securities Rulemaking Board did not list the size of the possible deal or the coupon, Bloomberg reported.

  • Businesswoman with rainbow-patterned top

    North Carolina business leaders called for a repeal of a new state law they blamed for mounting economic losses.

  • Court upholds snowboard ban at ski resort

    A federal appeals court backs a ban on snowboarders at a ski resort in Utah.

  • WINSTON-SALEM, N.C./ NEW YORK April 19- North Carolina business leaders on Tuesday called for a repeal of a new state law they blamed for mounting economic losses as opponents cancel jobs and events over concerns that it discriminates against gay and transgender people. "This legislation is bad for business and bad for North Carolina," the chamber said in a...

  • WASHINGTON, April 19- A high-ranking Republican senator on Tuesday dismissed as "not satisfactory" draft legislation aimed at addressing Puerto Rico's fiscal crisis before a looming debt default on May 1, deepening intraparty divisions on the complex rescue effort. Orrin Hatch of Utah, who chairs the powerful Senate Finance Committee, told reporters that...

  • WASHINGTON, April 15- An aggressive advertising and lobbying campaign by conservative activists and financial interests this week stalled a plan in the U.S. Congress to rescue Puerto Rico from crippling debt, while lawmakers adjourned on Friday with no clear path forward. Puerto Rico is staring down a May 1 deadline for paying about $422 million to Government...

  • WASHINGTON, April 12- Leading Republicans on Tuesday outlined a plan to help Puerto Rico shed crippling debt and accused investor-allied groups of misleading lawmakers about the proposal. The rescue would steer creditors and holders of Puerto Rico bonds toward a new, independent board that would seek a fair way to write down an estimated $70 billion in debt.

  • LOS ANGELES, April 8- In November, solar energy giant SunEdison Inc reported that its project pipeline had grown by 75 percent in just a year, the result of an aggressive growth strategy. Among the deals now in question is a solar plant under construction for the central Texas community of Georgetown. And last month, TerraForm Global- a related company set up to own...

  • SAN JUAN, Puerto Rico, April 7- When Puerto Rico attempted to shore up its chronically underfunded public-employee pensions in 2013, Francisco del Castillo "knew grown men and women who wept." The law extracted "a pound of political flesh" from those, like del Castillo, who helped craft it, he said. " The central government was supposed to have made $367.6 million in such...

  • Puerto Rico, with $70 billion in total debt and a 45 percent poverty rate, faces economic collapse without a solution to its debt. If those talks failed, Puerto Rico or its agencies could restructure debt under rules similar to U.S. bankruptcy law, including in certain situations via "cram-down"- forcing cuts on creditors that do not agree to them.

  • WASHINGTON/ NEW YORK, April 4- The U.S. Senate is poised to pass a bill on Monday that would give companies greater legal protections for their commercial secrets and would allow them for the first time to sue in federal court if they are stolen. The Defend Trade Secrets Act has significant bipartisan support with 65 cosponsors, led by Senator Orrin Hatch,...

  • April 1- Private equity firm Silver Lake Partners has agreed to acquire a minority stake in Ancestry.com in a deal that values the privately held genealogy website at $2.6 billion, including debt, people familiar with the matter said on Friday. GIC, Singapore's sovereign wealth fund and an existing investor in Ancestry, will increase its stake and hold as much...

  • LOS ANGELES, March 31- Volvo's North American CEO, Lex Kerssemakers, lost his cool as the automaker's semi-autonomous prototype sporadically refused to drive itself during a press event at the Los Angeles Auto Show. Kerssemakers griped to Mayor Eric Garcetti, who was at the wheel. " Poor markings and uneven signage on the 3 million miles of paved roads in the United...

  • WASHINGTON/ SAN JUAN, March 29- A U.S. congressional draft bill to steer Puerto Rico through its economic crisis was released on Tuesday with elements of U.S. bankruptcy law opposed by creditors who want to keep the island's debt talks out of court. Puerto Rico has $70 billion in debt, with major bond payments due in coming months. The bill "provides Puerto Rico with...

  • WASHINGTON/ SAN JUAN, March 29- A draft of a bill to steer Puerto Rico through its economic crisis would incorporate key elements of U.S. bankruptcy law, a blow to creditors who have long lobbied to keep the island's debt talks out of court. Puerto Rico faces $70 billion in debt, including major bond payments due in coming months. The bill "provides Puerto Rico with...

  • Donald Trump and Hillary Clinton

    Hillary Clinton and Donald Trump continue to face stiff challenges on the road to their parties' conventions.