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Wires

  • BRASILIA, April 28- Brazilian Supreme Court justice Gilmar Mendes ordered the release from jail of former mining and oil magnate Eike Batista, once the country's richest man, ahead of his trial on corruption charges, the court said on Friday. He is expected to stand trial along with an ex- Rio de Janeiro governor who allegedly took millions in bribes from the former...

  • DETROIT, April 28- Tesla Inc needs to complete fixing its Model S sedan emergency braking system to regain Consumer Reports' top safety rating, the magazine said on Friday, noting that a recent update by the luxury electric car maker was not enough. The magazine, which provides an annual rating of vehicles sold in the United States, said on Wednesday the sedan had...

  • BOSTON, April 28- The Massachusetts attorney general sued a unit of Ocwen Financial Corp on Friday, accusing the mortgage servicing company of engaging in abusive practices that harmed thousands of homeowners in the state. The lawsuit, filed in Suffolk County Superior Court, came a week after the U.S. Consumer Financial Protection Bureau, the Florida attorney...

  • 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 will increase excise taxes on gasoline by 12 cents per gallon, from the current...

  • The FDIC is selling $1.6 billion in deposits and $1 billion in assets to Hancock Holding Co. of Gulfport, Mississippi. The FDIC will send $1.4 billion in checks to other depositors, and separately sell $2 billion- plus in First NBC assets. FDIC spokesman David Barr says only Hancock bid for First NBC, paying $35 million for deposits.

  • 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...

  • WASHINGTON, April 28- The U.S. National Security Agency said on Friday it had stopped a form of surveillance that allowed it to collect without a warrant the digital communications of Americans who mentioned a foreign intelligence target in their messages, marking an unexpected triumph for privacy advocates long critical of the practice.

  • 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.

  • That's What I Like, Bruno Mars. Body Like a Back Road, Sam Hunt. Shape of You, Ed Sheeran.

  • 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.

  • TESLA SAYS GROWTH OF RETAIL, ONLINE CHANNELS WILL MORE THAN OFFSET LOSS OF DOOR-TO-DOOR SALES.

  • TESLA SAYS WILL STOP SELLING SOLAR SYSTEMS DOOR-TO-DOOR, CITING CUSTOMER PREFERENCE.