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  • NEW YORK— A U.S. judge indicated Tuesday that he was unlikely to boost a $654 million jury award to victims of terror attacks in Israel over a decade ago to more than $1 billion by tacking on interest against the Palestine Liberation Organization and the Palestinian Authority. On Monday, an official with the U.S. Department of Justice in Washington wrote to...

  • Mead Johnson paying $12M to settle US bribery charges Tuesday, 28 Jul 2015 | 2:02 PM ET

    The Glenview, Illinois, company neither admitted nor denied SEC allegations that it violated the Foreign Corrupt Practices Act, which prohibits bribery of foreign government officials or company executives to secure or retain business. The improper payments totaled more than $2 million from 2008 to 2013 and generated about $7.8 million in profits for the...

  • NASHUA, N.H.— Hillary Rodham Clinton dodged questions Tuesday about her positions on trade and the Keystone XL pipeline, telling a New Hampshire voter that if the future of the project opposed by environmentalists remains "undecided when I become president, I will answer your question." Bernie Sanders told The Associated Press. Environmental groups vigorously...

  • The ruling by the U.S. Court of Appeals for the District of Columbia Circuit orders the EPA to redo sulfur-dioxide and nitrogen-oxide standards for 13 states, mostly in the South and Midwest, that contribute to soot and smog along the East Coast. The April 2014 ruling was an important victory for the Obama administration and capped a decades-long effort by the...

  • WASHINGTON— Apartment rents are up. So are prices for restaurant meals, haircuts, gym memberships and a cup of coffee. For American consumers who have become used to flat or even falling prices for several years, an unfamiliar sight has emerged in many corners of the economy: Inflation is ticking up.

  • CAPE CANAVERAL, Fla., July 28- Test pilots at the helm of a Virgin Galactic passenger spaceship that crashed last year were unaware of the catastrophic consequences of unlocking the craft's moveable tail section too early because of poor training, investigators probing the fatal accident said on Tuesday. The premature unlocking of SpaceShipTwo's hinged tail...

  • The new plan leaves the Senate few options but to pass the short-term extension or face a disruption in federally funded road and mass transit projects starting on Aug. 1. The Senate late on Monday voted to attach a revival of the government trade bank, idled since July 1, to a six-year transportation spending plan that identifies funding for about three years'...

  • The Education Department confirmed Tuesday that it would conduct a limited pilot program to give prisoners access to the Pell grants. The official announcement was scheduled for Friday, when Education Secretary Arne Duncan and Attorney General Loretta Lynch visit the Maryland Correctional Institution in Jessup, Maryland. The prison has a partnership...

  • NEW YORK, July 28- The U.S. dollar rebounded against the euro and yen on Tuesday after traders took profits from gains in those currencies and favored the greenback on expectations that the Federal Reserve could take a hawkish bias in a policy statement on Wednesday. "Anybody who bought euros amid the 1 percent rally yesterday is likely to take some money off the...

  • Consumers are worried about the job market and rattled by events in Greece and China. Lynn Franco, a Conference Board economist, says consumers may have been concerned about the debt standoff in Greece and a stock market plunge in China. Adam Collins, an economist with Capital Economics, said the dip in confidence also reflects higher gasoline prices in recent...

  • WASHINGTON, July 28- Leaders in the U.S. House of Representatives plan to pass a three-month extension of federal transportation funding before leaving Washington on recess, which they could do as early as Wednesday, two Republican lawmakers said on Tuesday. After a meeting with Republican leaders, Representatives John Fleming of Louisiana and Todd Rokita of...

  • WASHINGTON— U.S. home prices rose steadily in May, pushed higher by a healthy increase in sales this year. And separate data released by the Census Bureau Tuesday pointed to the limited impact of the three-year old housing recovery: The proportion of Americans owning their own homes has continued to decline and is now at the lowest level since 1967..

  • Ahead of the Bell: US consumer confidence Tuesday, 28 Jul 2015 | 6:21 AM ET

    WASHINGTON— The Conference Board releases its June index on U.S. consumer confidence Tuesday at 10 a.m. Eastern. CONFIDENCE DIPS: Economics expect that consumer confidence will slip to 100 in June, according to a by data firm FactSet. Optimism likely moderated this month after jumping sharply in June.

  • NTSB: Company should have prepared for human error Tuesday, 28 Jul 2015 | 3:21 AM ET

    In its finding, the board took pains to make clear that Scaled Composites, an aerospace company that has partnered with Virgin Galactic to develop the spacecraft, should have had systems in place to overcome the co-pilot's mistake. The Federal Aviation Administration was also faulted in its role of determining whether Scaled Composites should get permits...

  • WASHINGTON— The federal Export-Import Bank expired June 30 when Congress failed to renew its charter. Five things to know about the Export-Import Bank and its future:. The House announced plans Tuesday to pass a three-month highway extension that does not include an Export-Import Bank provision— and then adjourn for the summer.

  • House, Senate on collision course in highway debate Tuesday, 28 Jul 2015 | 12:09 AM ET

    But House Republicans declared the Senate transportation bill dead on arrival. "We're not taking up the Senate bill," the California Republican told reporters at the Capitol, adding that the Senate should instead take up the bill already passed by the House. Hours later, in a hectic late-night session, the Senate voted 64-29 to include the provision reviving the...

  • DIARY-Top Economic Events to Aug 10 Monday, 27 Jul 2015 | 8:01 PM ET

    SYDNEY- Reserve Bank of Australia Governor Glenn Stevens speaks at the Boao Forum for Asia Financial Cooperation Conference, hosted by the New South Wales government- 0030 GMT. KYOTO- Bank of Japan board member Koji Ishida speaks to business leaders in Kyoto- 0130 GMT. LONDON- Bank of England holds Monetary Policy Committee meeting.

  • NEW YORK, July 27- Puerto Rico's Governor Alejandro Garcia Padilla left for Washington, D.C. on Monday for meetings on the island's fiscal situation and to promote access to U.S. bankruptcy laws, according to a statement from his office. Garcia Padilla shocked creditors in June by saying the island needed to restructure debts- totaling $72 billion- to solve its...

  • WASHINGTON, July 27- Planned Parenthood called on the FBI and the U.S. Department of Justice on Monday for help managing cybersecurity, following a report that the reproductive healthcare group's website had been hacked by anti-abortion activists. Planned Parenthood executive vice president Dawn Laguens said "extremists" had launched an attack on the...

  • The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.050 percent, up from 0.030 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.145 percent, up from 0.135 percent last week. For a $10,000 bill, the three-month price was $9,998.74, while a six-month bill sold for $9,992.67.