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Saturday, August 27, 2016, 8:23 a.m.
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Walkable neighborhood in LA a costly amenity

posted: 08/26/2016 1:59 a.m. Discuss

LOS ANGELES -- People are willing to pay extra to live in more walkable neighborhoods where they can stroll to work, shops and restaurants from home, according to a study published this month.

Market report: Stocks down after mixed reports

posted: 08/26/2016 1:58 a.m. Discuss

NEW YORK -- Stocks fell in light trading for a second day on Thursday as investors sifted a mix of earnings reports.

VW reaches deal to pay U.S. dealers

posted: 08/26/2016 1:58 a.m. Discuss

SAN FRANCISCO -- Volkswagen has reached a tentative deal with its U.S. dealers to compensate them for losses they said they suffered as a result of the company's emissions cheating scandal, attorneys for the carmaker and dealers told a federal judge Thursday.

Business news in brief

posted: 08/26/2016 1:57 a.m. Discuss

7-day maintenance to close Terry Lock

News in brief

posted: 08/26/2016 1:56 a.m. Discuss

60 set to lose jobs at NLR grader plant

Entergy suit cites 'time bomb' in code

posted: 08/25/2016 5:45 a.m. Discuss

A subsidiary of Entergy Corp. threatened in a lawsuit filed this month that almost half a million Entergy customers would be unable to access their online bills next month unless it could prevent the detonation of a software "time bomb."

EpiPen price rise raises concerns; CEO at center of call for inquiry is senator’s daughter

posted: 08/25/2016 5:45 a.m. Comments 5

Members of Congress are in an unusual position as they demand an explanation for Mylan NV's 400 percent price increase for the EpiPen and focus attention squarely on Chief Executive Officer Heather Bresch.

USDA to buy $20M chunk of cheese

posted: 08/25/2016 5:45 a.m. Discuss

The U.S. Department of Agriculture plans to buy $20 million of stockpiled cheese to distribute to food banks and pantries nationwide to stem farmer losses after dairy prices plummeted during a global milk glut earlier this year.

Thumbs go down as CEO pay rises

posted: 08/25/2016 2:13 a.m. Discuss

Huge paydays for chief executives, at least as designed, are supposed to reward great performance for investors. But when it comes to what their workers think of their performance, the highest-paid chief executive officers actually tend to get the worst ratings from employees.

$39M in grants to lift coal towns

posted: 08/25/2016 2:13 a.m. Discuss

Communities in nine U.S. states that have been hard-hit by coal layoffs are being promised more than 3,000 jobs in several industries through a multimillion-dollar federal grant.

Inventory shortage pushes home prices up, July sales down

posted: 08/25/2016 2:12 a.m. Discuss

Sales of previously owned homes fell 3.2 percent in July to a seasonally adjusted annual rate of 5.39 million, the National Association of Realtors said Wednesday.

Gulf oil-lease auction draws bids on only 24 of 4,400 lots

posted: 08/25/2016 2:10 a.m. Discuss

The federal government's annual sale of oil and gas leases in the Gulf of Mexico attracted hardly any interest Wednesday, reflecting a dismal outlook for offshore drilling.

Market report: Health sector pushes stocks down

posted: 08/25/2016 2:08 a.m. Discuss

Stocks closed lower on Wednesday, led by sharp declines in health-care companies as concern over the steep price increases for Mylan's EpiPens escalates.

Corn crop showing heat-damage signs; forecast doubt cast

posted: 08/25/2016 2:08 a.m. Discuss

Participants in an annual tour of the U.S. corn belt are finding evidence that a recent U.S. government forecast for record production this year may be overstated and that hot weather has harmed the crop.

Business news in brief

updated: 08/24/2016 2:07 a.m. Discuss

Portugal cleared to save bank for $5.7B LISBON, Portugal -- The Portuguese government said Wednesday that it has won provisional approval from European authorities to recapitalize Portugal's biggest bank by assets, state-owned Caixa Geral de Depositos, with $5.7 billion.




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