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Yellen’s view of economy: Solid but laced with uncertainties

June 6, 2016 • BusinessComments (0)

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen went out of her way Monday to stress that the U.S. economy appears fundamentally solid. The job market has rebounded. Consumer spending is picking up along with confidence. Higher home prices have lifted household wealth. Low energy prices have strengthened spending power. Yet the Fed chair also...

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Crowdfunded beer pipeline to protect medieval city of Bruges

June 4, 2016 • BusinessComments (0)

A worker pours glasses of beer for customers at the Halve Maan Brewery in Bruges, Belgium on Thursday, May 26, 2016. The brewery has recently created a beer pipeline which will ship beer straight from the brewery to the bottling plant, two kilometers away,...

UW offering scholarships for laid off coal workers

June 4, 2016 • BusinessComments (0)

LARAMIE, Wyo. (AP) — The University of Wyoming College of Engineering and Applied Science has created a new scholarship fund for displaced coal workers after hundreds of Wyoming coal miners were laid off in recent months. Ten scholarships at $1,500 apiece...

Montana seeking money for gold mine cleanup

June 4, 2016 • BusinessComments (0)

GREAT FALLS, Mont. (AP) — The Montana Department of Environmental Quality is asking a bankruptcy court to set aside more than $6 million from the owner of a Fergus County gold mine to ensure treatment of polluted water after the state said it does not have...

Nest CEO flies coop 2 years after $3.2B sale to Google

June 3, 2016 • BusinessComments (0)

In this Wednesday, May 18, 2016, photo, people pose by Android lawn statues at Google’s headquarters in Mountain View, Calif. The tall sculpture, at right, depicts the 2014 version of Android, known as Lollipop. Although a newer version called...

Ex-Oppenheimer & Co. employee faces insider trading charges

June 3, 2016 • BusinessComments (0)

NEW YORK (AP) — A former Oppenheimer & Co. Inc. financial adviser accused of teaming up with a childhood friend who worked at Pfizer to trade on secrets about acquisitions the drugmaker was considering was arrested on insider trading charges Friday....

US defense secretary offers closer security ties to China

June 3, 2016 • BusinessComments (0)

U.S. Defense Secretary Ash Carter delivers a speech titled “Meeting Asia’s Complex Security Challenges” at the 15th International Institute for Strategic Studies Shangri-la Dialogue, or IISS, Asia Security Summit on Saturday, June 4, 2016,...

Group asking judge to nullify anti-corporate farming law

June 2, 2016 • BusinessComments (0)

BISMARCK, N.D. (AP) — The North Dakota Farm Bureau asked a federal judge Thursday to declare the state’s nearly century-old anti-corporate farming law unconstitutional. The move comes less than two weeks before state residents vote on June 14 on...

Exelon to close 2 nuclear plants; still seeking subsidies

June 2, 2016 • BusinessComments (0)

This Oct. 7, 2011 file photo, shows the north entrance to the Exelon nuclear power plant, in Cordova Ill. Exelon Corp. says it will shut two Illinois nuclear plants after the Illinois Legislature declined to act on its request for financial support. The...

New super PAC to help Trump, this time organized by a friend

June 2, 2016 • BusinessComments (0)

Republican presidential candidate Donald Trump, center, holds up a sign after autographing it during a rally at the Sacramento International Jet Center, Wednesday, June 1, 2016, in Sacramento, Calif. (AP Photo/Jae C. Hong) WASHINGTON (AP) — A close friend...