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Report: To succeed, program to make reactor fuel from spent nuclear materials needs more money

Thu, 08/20/2015 - 4:33pm
It will take hundreds of millions more dollars to successfully operate a program in South Carolina to convert weapons-grade nuclear material into reactor fuel, while some say an alternative method could do it differently and more cheaply, according to a report commissioned by U.S. Secretary of Energy Ernest Moniz.
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FCC announces $750K settlement with firm that blocked Wi-Fi signals at convention centers

Thu, 08/20/2015 - 4:15pm
A wireless Internet provider that federal regulators say blocked consumers' personal Wi-Fi signals at convention centers around the country, including Cincinnati and Columbus, must pay a $750,000 fine as part of a settlement with the government.
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Fracking foes in 3 Ohio counties sue elections chief for invalidating fall ballot proposals

Thu, 08/20/2015 - 4:02pm
Residents in three Ohio counties contend in a lawsuit that Secretary of State Jon Husted violated their rights when he invalidated ballot proposals they offered that would have restricted development projects related to the gas-drilling technique known as fracking.
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Gap backs annual profit forecast after retailer confirms net income, sales fell in 2Q

Thu, 08/20/2015 - 4:01pm
Gap is keeping its fiscal-year profit forecast unchanged after the retailer confirmed it continued to struggle in the second quarter, with sales rising at its Old Navy stores while business at Gap and Banana Republic stores weakened.
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Wall Street Selloff: S&P Joins Dow in Negative Territory for '15

Thu, 08/20/2015 - 4:00pm
Market Selloff: U.S. equity markets closed deep in negative territory as global economic concerns rattled the Street.
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DuPont spinoff Chemours closing plant in Delaware, affecting 200 workers, 130 contractors

Thu, 08/20/2015 - 3:49pm
The Chemours Co. is closing its Delaware titanium dioxide production facility, which employs about 200 workers, the former performance chemicals business spun off from the DuPont Co. said Thursday.
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Q&A: Look past the scary headlines, strategist says: China's middle class is still growing

Thu, 08/20/2015 - 3:47pm
Doubts about China have rattled investors' nerves this summer.
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HP Revenue Falls on Weak PC Sales, Lower Demand for Services

Thu, 08/20/2015 - 3:45pm
Hewlett-Packard reported a fall in revenue for the fourth straight quarter, hurt by weak PC sales and lower demand from corporate customers for its services.
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UCare asks Minnesota judge to halt impending public health program signups as it fights state

Thu, 08/20/2015 - 3:43pm
The health insurance company UCare has asked a Minnesota judge to halt the state's upcoming sign-up period for public health insurance programs as the coverage provider fights a decision eliminating it from the menu of options.
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Former Wilmington Trust president pleads not guilty to federal fraud and conspiracy charges

Thu, 08/20/2015 - 3:29pm
Former Wilmington Trust president Robert Harra Jr. was ordered released on bail Thursday after pleading not guilty to fraud and conspiracy charges stemming from an ongoing federal investigation into the collapse of the century-old financial institution.
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NYC identifies historic Bronx Opera House Hotel as source of deadly Legionnaires' outbreak

Thu, 08/20/2015 - 3:15pm
A historic hotel's rooftop air-conditioning unit is the source of a Legionnaires' disease outbreak that has killed 12 people and sickened more than 100 in the Bronx, city Health Commissioner Mary Bassett said Thursday.
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A Quarter Of S&P 500, a Third Of Dow In Bear Territory

Thu, 08/20/2015 - 3:12pm
One out of four stocks on the S&P 500 Thursday are firmly in correction territory, or down 20% or more off their 52-week highs.
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Hurricane Danny Is First Of The 2015 Atlantic Season

Thu, 08/20/2015 - 3:08pm
The tropical storm named Danny has strengthened to become the first hurricane of the 2015 Atlantic season, the National Hurricane Center said Thursday.
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US, New York regulators sue 2 companies making loans against pensions for masking high rates

Thu, 08/20/2015 - 2:56pm
Federal and New York regulators have sued two companies that make loans against retirees' pensions, saying they deceived consumers about the high rates of the loans.
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Kentucky Supreme Court: Natural gas producers solely responsible for severance taxes

Thu, 08/20/2015 - 2:44pm
Natural gas producers in Kentucky shoulder all the responsibility for paying severance taxes on the fuel and cannot shift some of the tax burden to landowners, the state's Supreme Court said in a divided ruling Thursday.
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4 companies picked to manage Iowa Medicaid program expect to add hundreds of jobs in state

Thu, 08/20/2015 - 2:44pm
The big health insurance companies picked to manage Iowa's $4.2 billion Medicaid program have promised to create hundreds of jobs in the state in the coming months, according to bidding documents released Thursday.
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Oil Prices Up Ahead of Hurricane Season

Thu, 08/20/2015 - 2:30pm
U.S. crude prices extended gains and Brent briefly turned higher on Thursday as the first hurricane of the 2015 Atlantic season sparked concern as the front-month September contract approached expiration.
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Automotive supplier planning $150 million Tuscaloosa plant, expected to create 650 jobs

Thu, 08/20/2015 - 2:15pm
An automotive parts supply company based in India is planning to build a $150 million plant in Tuscaloosa and create 650 jobs, Alabama Gov. Robert Bentley announced Thursday.
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Connecticut adds 4,100 jobs in July as unemployment rate falls to 5.4 percent

Thu, 08/20/2015 - 1:53pm
Connecticut's unemployment rate has fallen to 5.4 percent, marking its lowest since May 2008.
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Drugmakers: Diabetes medicine Jardiance first to show prevention of heart complications, death

Thu, 08/20/2015 - 1:47pm
For the first time, there's evidence a drug reduces risk of complications that are the top killer of diabetes patients: heart attacks, strokes and other cardiovascular damage.
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