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  • Alcoa lands $1 billion-plus contract with Boeing

    NEW YORK (AP) — Alcoa Inc. said Thursday that it won a multi-year contract worth more than $1 billion to supply aluminum products to aircraft maker Boeing Co. Alcoa said it was the largest contract ever between the companies. The companies also agreed to work together to develop new alloys for...

  • Average US 30-year mortgage rate at 4.12 percent

    WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year loan edged up to 4.12 percent from 4.10 percent last week, where it had stayed for three...

  • Window closing for Obama to fill Federal Reserve board

    If Republicans take control of the Senate after the November elections, Obama's ability to appoint his preferred candidates to the Federal Reserve Board of Governors would be limited.

  • Project to export natural gas approved

    The Energy Department gave the final approval for the Cameron LNG facility in Hackberry, La., on Wednesday to export up to 1.7 billion cubic feet per day of LNG for up to 20 years.

  • Manufacturers: Regulations cost economy $2 trillion annually

    The National Association of Manufacturers released a study Wednesday finding that federal rules on conducting business, protecting the environment, keeping workers safe, and complying with taxes impose an average cost of nearly $20,000 per worker for manufacturing and more than $233,000 for the...

  • Liberals fume as Obama advances trade deal

    Liberal allies stateside who accuse him of ignoring their numerous objections to the deal, which would be one of the biggest in U.S. history even though China is not included in it.

  • Conservative disagreement over the right tactics for killing the Export-Import Bank

    House Republican leaders have released a proposal to keep funding government through the election. The proposed CR includes a 6-month extension of the Export-Import Bank.

  • GOP tax writer: Treasury has a hidden tax-reform plan

    "I believe the Treasury Department has completed — or is very close to completing — such a plan, but refuses to make it public," House Ways and Means Committee Chairman Dave Camp said Wednesday.

  • Dollar General goes hostile in bid for rival

    Dollar General is going hostile with its $9.1 billion bid for Family Dollar after its rival repeatedly rejected previous offers. The discount chain has commenced an open offering to investors of Family Dollar Stores Inc. for $80 per share in cash. That offer was rejected last week by the...

  • Correction: Detroit-Bankruptcy story

    DETROIT (AP) — In a story Sept. 9 about a tentative agreement reached between Detroit and major creditor Syncora in its bankruptcy trial, The Associated Press reported erroneously that Steven Schlein is a spokesman for Syncora. Schlein does public relations for Kirkland & Ellis, a law firm...

  • Ochsner to acquire St. John Parish hospital

    LAPLACE, La. (AP) — Ochsner Health System said that it has reached an agreement to acquire River Parishes Hospital in St. John the Baptist Parish Ochsner officials say plans call for turning the underused 80-bed acute-care hospital into an outpatient clinic providing emergency and primary care...

  • Monroe hospital plans to cut 300 jobs

    MONROE, La. (AP) — St. Francis Medical Center, one of Ouachita Parish's largest private employers, plans to cut about 300 jobs before the end of the year. In a statement from the hospital on Tuesday, St. Francis said it would offer about 300 employees a voluntary workforce adjustment...

  • Britain and France secure EU's top economic jobs

    BRUSSELS (AP) — Britain and France have secured two top positions on economic and financial policy-making in the new European Commission as the 28-nation bloc's executive arm seeks to revive anemic growth and fight unemployment. Former French Finance Minister Pierre Moscovici, who has long...

  • US wholesale stockpiles up 0.1 percent in July

    WASHINGTON (AP) — Stockpiles held by U.S. wholesale businesses edged up in July by the smallest amount in a year while sales rose at a healthy clip. Wholesalers increased their inventories by a slight 0.1 percent in July after a stronger 0.4 percent increase in June, the Commerce Department...

  • Home Depot stock dips on data breach fallout

    NEW YORK (AP) — Shares of Home Depot are under pressure Wednesday as the home improvement retailer contends with the fallout of a data breach at its more than 2,000 U.S. and Canadian stores. Attorney generals for Connecticut, California and Illinois are leading a multistate investigation into...



From the Weekly Standard