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Genentech Alzheimer’s drug misses goals in studies

July 17, 2014 An experimental drug from the biotech company Genentech failed to slow mental decline in mid-stage studies on more than 500 people with mild to moderate Alzheimer’s disease, but showed some promise... more »»

Apple may refund $400M in settlement

July 17, 2014 SAN FRANCISCO — Apple will refund up to $400 million to consumers ensnared in a plot to raise the prices of digital books unless the company gets a court to overturn a decision affirming its pivotal... more »»

Latest Fed survey sees improved economy

July 17, 2014 WASHINGTON — The economy kept expanding in all regions of the country in June and early July, helped by strength in consumer spending, a Federal Reserve survey released indicate. more »»

Bitcoin 'mining pool' promises to stay small

July 17, 2014 NEW YORK — Mining pool GHash.IO, which is controlled by a British company, CEX.IO Ltd., said Tuesday that it would not amass more than 40 percent of the processing power of the bitcoin system. more »»

Tobacco firm Reynolds American to buy Lorillard

July 16, 2014 RICHMOND, Va. — Joe Camel is bulking up to take on the Marlboro Man. Camel cigarette maker Reynolds American Inc.’s $25 billion deal to buy Newport maker Lorillard Inc. creates a formidable No. more »»

Labor market still needs Fed support, chair says

July 16, 2014 WASHINGTON — Despite recent sizable job gains, Federal Reserve Chair Janet Yellen is signaling that her agency is in no rush to withdraw the massive support it is providing the U.S. economy. more »»

Drones: Next big thing in aviation is small

July 16, 2014 LONDON — The next big thing in aviation may be really small. more »»

BRICS nations agree to create development bank

July 16, 2014 FORTALEZA, Brazil — The leaders of five emerging market powers said at a summit Tuesday that they agreed to create a development bank worth $100 billion that will have its headquarters in China. more »»

Yahoo 2Q earnings, revenue fall

July 16, 2014 NEW YORK — Yahoo Inc. said Tuesday that its 2Q earnings and revenue declined. more »»

Citigroup to pay $7B in subprime mortgages probe

July 15, 2014 WASHINGTON — Citigroup agreed Monday to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General... more »»

INFLUENCE GAME: Shaping evolving railroad safety rules

July 14, 2014 WASHINGTON — A string of fiery train derailments across the country has triggered a high-stakes but behind-the-scenes campaign to shape how the government responds to calls for tighter safety rules. more »»

US, Germany vow cooperation despite espionage spat

July 14, 2014 VIENNA — The United States and Germany put a brave face on an escalating espionage dispute, stressing on Sunday the importance of their cooperation to solving several global crises but offering... more »»

Expert: Pa. didn’t address fracking health impacts

July 13, 2014 PITTSBURGH — Pennsylvania’s former health secretary says the state has failed to seriously study the potential health impacts of one of the nation’s biggest natural gas drilling booms. Dr. more »»

Head of US pension agency resigning

July 13, 2014 WASHINGTON — The federal agency that insures company pensions for more than 40 million Americans says its top official is resigning. more »»

Owners of Trump Plaza casino expect it will close

July 13, 2014 ATLANTIC CITY, N.J. — Atlantic City’s crumbling casino market disintegrated even further Saturday as the owners of the Trump Plaza casino said they expect to shut down in mid-September. more »»

Workers struggle in Hamptons, playground for rich

July 13, 2014 SOUTHAMPTON, N.Y. — This is a town where people are so rich that a $2 million home can be a handyman’s special. A town where the thrift shop is stocked with donations of designer dresses and handbags. more »»

Seneca Nation commits to native-only landscaping

July 13, 2014 CATTARAUGUS RESERVATION, N.Y. — The Seneca Indian Nation is strengthening its roots to the land with a new commitment to use only indigenous plants and trees in public landscaping. more »»

Downside of low US mortgage rates? Less selling

July 12, 2014 WASHINGTON — Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell. more »»

Tobacco firms Reynolds, Lorillard in merger talks

July 12, 2014 RICHMOND, Va. — Big Tobacco may soon get smaller. The makers of Camel and Newport cigarettes said Friday they are in talks to combine two of the nation’s oldest and biggest tobacco companies. more »»

 
 

 

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