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Kansas' largest electric company announced plans Tuesday to buy power from a wind farm under development to meet a state renewable-energy mandate, as legislators prepared for another debate over repealing the requirement.
Darden Restaurants Inc. says sales improved at Olive Garden during the fiscal second quarter, helping the company beat market expectations for the period.
The Maine Public Utilities Commission on Tuesday signed off on a $25,000 fine for a natural gas company for safety violations.
California home prices cooled in November as lack of affordability and low inventories kept potential buyers on the sidelines, a research firm said Tuesday.
The head of the Transportation Security Administration says it was necessary to exempt the agency from new Obama administration rules restricting racial profiling by the government so the TSA can target travelers for extra scrutiny based on their nationality and gender.
The American Petroleum Institute on Tuesday reported U.S. crude-oil rose by 1.9 million barrels, according to reports.
Darden Restaurants reported a 4.9 percent rise in quarterly sales, helped by higher comparable sales at its flagship Olive Garden chain, and raised the lower end of its adjusted profit forecast for the full year.
SeaWorld Entertainment Inc. announced plans Tuesday to postpone its regular fourth quarter dividend to January, citing debt covenants.
American Apparel Inc. shares rose in the extended session Tuesday after the company fired suspended CEO Dov Charney.
Darden Restaurants' stock rose 1.3% in after-hours trade Tuesday, after the casual-dining restaurant chain reported better-than-expected fiscal second-quarter profit and sales.
A union representing some workers at the 84-year-old Verso Paper mill has filed a federal lawsuit to halt the sale of the facility.
Prime-time viewership numbers compiled by Nielsen for Dec. 8-14.
American Apparel has named fashion veteran Paula Schneider to be its next CEO, replacing founder Dov Charney, who was ousted in June.
Sudden twists in the price of oil and currency trading turned the stock market into a roller-coaster ride.
Crude oil continued its slide overnight and a surprise interest rate hike by Russia in an effort to stabilize the falling Rouble which has been hard pressed in the wake of oil’s recent losses, had the U.S. markets poised for another down day. Oil reversed course in the late morning bouncing the equity markets off their lows and even into positive territory before sentiment turned negative again driving the markets to a lower close.
Stocks erased gains and closed near session lows Tuesday as concerns over the Russian economy took center stage.
The U.S. stock market suffered big swings in opposite directions amid high volume on Tuesday, ending the day at session lows.
Russia's suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy.
Crude oil's slump could help General Electric in certain ways, the conglomerate said in a presentation to investors on Tuesday.
General Electric said it expects profit from its industrial units to rise by at least 10 percent in 2015, as the conglomerate cuts reliance on its financial services business.