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  • Northeast Utilities, Spectra to expand pipeline

    HARTFORD, Conn. (AP) — Northeast Utilities and Spectra Energy Corp. have announced plans to expand natural gas access to New England and end bottlenecks that have driven up prices when demand spikes in the winter. The companies said Tuesday the $3 billion project expanding a network of...

  • Social Security resumes mailing benefit statements

    WASHINGTON (AP) — The Social Security Administration has resumed mailing statements to workers letting them know the estimated benefits they will get when they retire, the agency announced Tuesday. Social Security began phasing out mailed statements to most workers in 2011 to save an estimated...

  • US CEOs less optimistic about hiring, spending

    WASHINGTON (AP) — Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high in the previous quarter. The Business Roundtable said Tuesday that its CEO outlook index fell to 86.4 in the third quarter, down from 95.4 in the...

  • Clear Channel renamed iHeartMedia

    NEW YORK (AP) — Clear Channel, the largest radio station operator in the U.S., says it has renamed itself iHeartMedia to reflect its transformation into a multi-platform media company that includes iHeartRadio, its digital radio service. The new company, which is privately held, owns 859 radio...

  • World Bank: Palestinian economy to shrink in 2014

    RAMALLAH, West Bank (AP) — The Palestinian economy is expected to contract for the first time in seven years in 2014, the result of the recent Gaza war, continued Israeli and Egyptian restrictions on Palestinian trade and a drop in foreign aid, the World Bank said Tuesday. The bank issued the...

  • Alibaba risk: China's rise leaves out investors

    WASHINGTON (AP) — American investors are clamoring to buy a stake in Chinese e-commerce giant Alibaba, which is launching what may prove the biggest initial public stock offering ever. But history is stacked against them. China's explosive economic rise has delivered virtually nothing to most...

  • Capt. Citrus, face of Florida OJ, gets a makeover

    TAMPA, Fla. (AP) — Captain Citrus was born in 2011 as a big, fat talking orange wearing a green cape. Now he's being transformed into a buff Marvel Comics superhero who will fight evil alongside the likes of Captain America. His first mission? Promote the benefits of orange juice in a country...

  • Ex-congressman resigns from medical pot company

    BOSTON (AP) — A former Massachusetts congressman said he is stepping down as president of a medical marijuana company that sued the state after its dispensary application was rejected. Ex-U.S. Rep. William Delahunt told a meeting of The Patriot Ledger's editorial board on Monday that he...

  • Buffett's firm gets 9 pct interest, stock in deal

    OMAHA, Neb. (AP) — No matter how successful Burger King's acquisition of Canadian fast food chain Tim Hortons is, Warren Buffett's company will profit on the deal. Documents filed with regulators Tuesday detail what Berkshire Hathaway will receive for putting up $3 billion to help finance the...

  • Lilly, AstraZeneca team up on Alzheimer's drug

    INDIANAPOLIS (AP) — Eli Lilly and Co. plans to pay up to $500 million to fellow drugmaker AstraZeneca as part of a collaboration to develop and sell a potential Alzheimer's disease treatment that is in the early stages of clinical testing. Lilly said Tuesday it will make an initial milestone...

  • Jepsen raises privacy issues with new Apple watch

    HARTFORD, Conn. (AP) — Connecticut Attorney General George Jepsen has raised concerns about the privacy protections with Apple's new Apple Watch. Jepsen wrote to CEO Tim Cook on Monday asking about the recently introduced product's ability to store, collect and use consumers' health...

  • German court lifts injunction banning Uber

    BERLIN (AP) — A court in Germany has lifted an emergency injunction that banned the ridesharing service Uber from operating anywhere in the country. The Frankfurt state court ruled Tuesday that the urgent measures taxi drivers won against their upstart rival last month weren't warranted. The...

  • US producer prices unchanged in August

    WASHINGTON (AP) — A measure of prices that producers receive for their goods and services was unchanged in August, the latest sign that inflation is in check. Wholesale gas prices fell 1.4 percent last month and food costs dropped 0.5 percent, the Labor Department said Tuesday. Those declines...

  • PG&E officials leave posts over improper emails

    SAN FRANCISCO (AP) — Emails showing California regulators and Pacific Gas & Electric Co. appearing to negotiate which judge would be assigned to hear one of the utility's rate cases led the state's top regulator to remove himself from two PG&E cases and four senior officials on both sides to...

  • Humana board OKs $2 billion in share repurchases

    LOUISVILLE, Ky. (AP) — Humana's board of directors has replaced the health insurer's share buyback plan with a bigger authorization for $2 billion in repurchases. The Louisville, Kentucky, company said Tuesday that the new authorization expires Dec. 31, 2016. It replaces a $1 billion buyback...



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