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US Delays Review Of Keystone XL Pipeline

04/18/14 The State Department is giving federal agencies more time to review the Keystone XL pipeline before deciding whether to issue a permit. That could push a decision about the controversial oil pipeline until after the midterm elections in November. The State Department is citing a recent decision by a Nebraska judge that overturned a state law that allowed the pipeline's path through the state. The State Department says that created uncertainty and ongoing litigation. The government is not saying how much longer the review will take. But it says the process isn't starting over. ...Read More »

Brazilian Tycoon Batista Investigated For Financial Crimes: Reports

04/18/14 Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering. A week ago, Brazil's securities commission, CVM, announced that Batista was under investigation for insider trading as chairman of his now-bankrupt oil-producing company Óleo and Gs Participaões SA. ...Read More »

Video: US Delays Review Of Keystone XL Pipeline

04/18/14 The State Department is giving federal agencies more time to review the Keystone XL pipeline before deciding whether to issue a permit. That could push a decision about the controversial oil pipeline until after the midterm elections in November. The State Department is citing a recent decision by a Nebraska judge that overturned a state law that allowed the pipeline's path through the state. The State Department says that created uncertainty and ongoing litigation. The government is not saying how much longer the review will take. But it says the process isn't starting over. ...Read More »
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Video: Lululemon Yoga Pants Lawsuits In U.S. Win Final Dismissals

04/18/14 A U.S. judge has issued final dismissals of lawsuits accusing Lululemon Athletica Inc and various company officials of defrauding shareholders by concealing defects in yoga pants. District Judge Katherine Forrest in Manhattan had on April 4 issued "draft" decisions dismissing a shareholder lawsuit against Lululemon, and two lawsuits accusing 11 executives and directors of missing red flags about poor quality control. ...Read More »

Lululemon Yoga Pants Lawsuits In U.S. Win Final Dismissals

04/18/14 A U.S. judge has issued final dismissals of lawsuits accusing Lululemon Athletica Inc and various company officials of defrauding shareholders by concealing defects in yoga pants. District Judge Katherine Forrest in Manhattan had on April 4 issued "draft" decisions dismissing a shareholder lawsuit against Lululemon, and two lawsuits accusing 11 executives and directors of missing red flags about poor quality control. The judge issued a final, longer ruling dismissing the proposed shareholder class action on Friday, after having done the same in the other two lawsuits last week. ...Read More »

Wal-Mart Banks on New Money Transfer Service

04/18/14 Wal-Mart is trying to shake up the money transfer industry with a new service that undercuts Western Union and MoneyGram with lower and simplified fees. Paul Ziobro reports on Lunch Break. Photo: Getty. ...Read More »

The Robot Is Ready - So When Will Deep Sea Mining Start?

04/18/14 The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea - when a wrangle over terms is solved. Beyond Papua, in international waters, regulation and royalty terms for mining the planet's subsea wealth have also yet to be finalized. The world waits for the judgment of a United Nations agency based in Jamaica. "If we can take care of the environment we have a brand new day ahead of us. The marine area beyond national jurisdiction is 50 percent of the Ocean," said Nii Odunton, secretary general of the U.N.'s International Seabed Authority. ...Read More »

Obama: Eight Million Enrolled Under Affordable Care Act

04/17/14 President Barack Obama gave a briefing Thursday announcing eight million people have signed up under the Affordable Care Act. He blasted continued Republican efforts to repeal the law. (Photo/Video: AP) ...Read More »

Video: The Other Important Number In The President's Obamacare Briefing: 24

04/17/14 After facing months of questions over whether the White House would hit its goal of 7 million Obamacare sign-ups, President Obama had the latest enrollment data in hand—and it was a bigger number than almost anyone expected. Standing in the White House press briefing room, the president said “The number of Americans who’ve signed up for private insurance in the marketplaces has grown to 8 million people. This thing is working. ...Read More »

Obama Sharply Criticizes Republicans As He Announces 8 Million Have Enrolled

04/17/14 Enrollment in private health insurance on federal and state marketplaces has surged in recent weeks and now totals 8 million, a feisty President Barack Obama said Thursday. “This thing is working,” Obama said at a White House news conference in which he lambasted Republican critics of the health law, especially those in states that did not expand Medicaid eligibility, as the law allows. “I'm sorry. I'm going to say one last thing about this -- just because this -- this does frustrate me, states that have chosen not to expand Medicaid for no other reason than political spite,” Obama said. “You got 5 million people who could be having health insurance right now, at no cost to these states -- zero cost to these states – [yet] other than ideological reasons, they have chosen not to provide health insurance for their citizens.” ...Read More »

US Stock Market Ends Higher As Earnings Pour In

04/17/14 Corporate earnings pushed U.S. stocks mostly higher on Thursday. The Standard & Poor's 500 index rose two points, to close at 1,864.85. Seven of the 10 industry sectors in the S&P 500 gained, led by energy stocks. The Nasdaq added nine points, to finish at 4,095.52. The Dow Jones industrial average, however, fell 16 points, to close at 16,408.54, hurt by the big drop in IBM. ...Read More »


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