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Pipeline that leaked wasn't equipped with auto shut-off

The pipeline that leaked thousands of gallons of oil on the California coast was the only pipe of its kind in the county not required to have an automatic shut-off valve because of a court fight nearly three decades ago, a county official said.

Hawaii groups plant coconut trees, protest against Monsanto

Demonstrators spent Saturday planting coconut trees and waving signs in rallies across the Hawaiian Islands as part of an international day of protests against agriculture business Monsanto.

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Senate clears White House-backed trade bill

In a victory for President Barack Obama, the Senate passed bipartisan legislation Friday night to strengthen the administration's hand in global trade talks, clearing the way for a highly unpredictable summer showdown in the House.

Learfield to represent Butler University athletics’ multimedia

Butler University in Indianapolis has named Learfield Sports to represent Bulldog Athletics’ multimedia rights through the 2024-25 collegiate athletic season, according to a Learfield news release.

Target settlement with MasterCard fails to get bank support

A $19 million deal between Target and MasterCard to settle lawsuits stemming from the retailer’s massive pre-Christmas 2013 data breach has been scrapped, because it failed to get enough support from the affected banks and credit unions.

Wal-Mart’s push on animal welfare hailed as game changer

Wal-Mart’s push to get its suppliers to give farm animals fewer antibiotics and more room to roam is expected to have a big impact on the food industry, experts say.

US stocks fall slightly on lower oil, mixed earnings news

The stock market capped a quiet week of trading on a down note.

Yellen: 1st rate hike likely by year end if economy improves

Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year — if the job market improves and the Fed is confident inflation will climb closer toward its target rate.

US consumer prices ticking up as Fed weighs first rate hike

Core consumer prices outside of food and energy posted the biggest increase in April in more than a year, suggesting that an improving U.S. economy is finally starting to lift prices. That could prompt the Federal Reserve to start raising interest rates later this year.

Feds seek to manage Takata air bag recall, speed up repairs

Exploding air bags made by Takata Corp. are so dangerous U.S. safety regulators want to manage a massive recall so cars can be fixed faster.

McDonald’s CEO ‘proud’ of pay hike as protests continue

McDonald’s CEO Steve Easterbrook said Thursday he was “incredibly proud” of a recent decision to bump pay for some workers, even as hundreds of protesters outside called on the company to do more ahead of its annual shareholder meeting.

Stocks notch record as rising oil boosts energy sector

The stock market eked out another record close on Thursday as rising oil prices boosted energy stocks.

Not Your Ma’s Bell: AT&T evolves beyond phones

The company whose name has long been synonymous with telephones is looking for new ways to reach out and touch someone.

Fed minutes indicate June rate hike unlikely

Federal Reserve policymakers largely agreed when they met last month that it would be too early to start raising interest rates in June, as they debated whether the economy's winter weakness would fade or persist.

4 banks fined more than $5B, to plead guilty to market rigging

Four of the world’s biggest banks agreed Wednesday to pay more than $5 billion in penalties and plead guilty to rigging the currency markets — a rare instance in which federal prosecutors have wrung an admission of criminal wrongdoing from a major financial institution.

Stocks barely move in yet another listless day for markets

The stock market showed little life on Wednesday as it closed yet another trading day barely changed from the day before.

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Kaldi's Coffee of Missouri recalling 700K paper cup sleeves

Safety regulators say Missouri-based Kaldi's Coffee is recalling 700,000 disposable coffee cup sleeves because they pose a fire hazard.

Surge in home construction lift hopes for US economy

The U.S. housing market has given a sudden jolt to what appeared to be a slumping economy.

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Takata air bag recall doubles to nearly 34 million

Under pressure from U.S. safety regulators, Takata Corp. has agreed to declare 33.8 million air bags defective, a move that will double the number of cars and trucks included in what is now the largest auto recall in U.S. history.

US stock market drifts from latest record highs

The stock market slipped back from its latest record high in a listless day of trading Tuesday. Oil companies and drillers tugged major indexes down as the price of crude oil dropped for a fifth day straight.