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Tesoro to buy Chevron system for reduced price
Updated: 13 hr ago
SAN ANTONIO (AP) — Tesoro Logistics LP said Monday that it will acquire Chevron Pipe Line Co.'s northwest products system for less than previously expected, citing a March diesel fuel spill involving the system. Tesoro said it now plans to pay $355 million, down from its originally planned...
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Small-company stocks lead the market higher
Updated: 13 hr ago
NEW YORK (AP) — The stock market is edging higher in midday trading, led by small-company shares. The Russell 2000 index of small company stocks crossed 1,000 points for the first time Monday. It's up 18 percent this year, more than other major market indexes. The rally in small stocks is a...
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United to restart 787 flights on Monday
Updated: 13 hr ago
United Airlines is getting its 787s back in the air. The planes are flying again after being grounded for four months because of smoldering batteries on 787s owned by other airlines. The incidents included an emergency landing of one plane, and a fire on another. Federal authorities lifted the...
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FDA has safety concerns with Merck insomnia drug
Updated: 13 hr ago
WASHINGTON (AP) — Federal health regulators say an experimental insomnia drug from Merck can help patients fall asleep, but it also carries worrisome side effects, including daytime drowsiness and suicidal thinking. The Food and Drug Administration on Monday released its review of the...
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Grains futures mixed, beef prices fall
Updated: 13 hr ago
CHICAGO (AP) — Grains futures were mixed Monday on the Chicago Board of Trade. Wheat for July delivery fell 2.25 cents to $6.81 a bushel; July corn fell 5.25 cents to $6.475 a bushel; July oats were flat at $3.755 a bushel; while July soybeans rose 7.5 cents to $14.56 a bushel. Beef prices...
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High court uphold FCC power in cell tower disputes
Updated: 14 hr ago
WASHINGTON (AP) — The Supreme Court has affirmed the authority of federal regulators to try to speed local government decisions on proposals to build or expand cell phone towers. The court voted 6-3 Monday to uphold an appeals court ruling in favor the Federal Communications Commission. The...
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Strategic Hotels to end shareholder rights plan
Updated: 14 hr ago
CHICAGO (AP) — Strategic Hotels & Resorts Inc. expects to end its shareholder rights plan no later than mid-June. A shareholder rights plan, or "poison pill," is often adopted by a business as a way to try to ward off hostile takeover attempts. The real estate investment trust, which owns...
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Margaritaville construction in final stages
Updated: 14 hr ago
BOSSIER CITY, La. (AP) — The grand opening for Margaritaville Resort Casino in Bossier City is set for the week of July 4. Advertising and publicity manager Christy Wood tells The Times (http://bit.ly/18c7G5r ) officials expect to create a long weekend out of it, complete with fireworks and...
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What do we eat? New food map will tell us
Updated: 14 hr ago
CHAPEL HILL, N.C. (AP) — Do your kids love chocolate milk? It may have more calories on average than you thought. Same goes for soda. Until now, the only way to find out what people in the United States eat and how many calories they consume has been government data, which can lag behind the...
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Chinese, Indian leaders call for cooperation
Updated: 14 hr ago
NEW DELHI (AP) — The leaders of India and China played down their recent border dispute and other tensions Monday, pledging to work together for regional stability and the economic growth of the world's two most populous nations. Friction has been building between the Asian giants in recent...
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