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Utility, company push PSC in opposite directions in rate case

Noranda Aluminum said Tuesday it has proven that Ameren Missouri overcharged its electricity customers last year — and the state Public Service Commission should cut the utility’s rates to benefit those customers.

JP Morgan's 'Mr. Fix-it' is the latest departure

Another high-ranking executive at JPMorgan Chase is departing, one who had been considered a possible successor to CEO Jamie Dimon.

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Facebook buys virtual reality co. Oculus for $2B

Facebook has agreed to buy Oculus for $2 billion, betting that its virtual reality may be a new way for people to communicate, learn or be entertained.

IRS says bitcoin will be taxed like property

Virtual currencies like bitcoin will be taxed like property — not currency, the Internal Revenue Service said Tuesday.

Disney's purchase of Maker a boon for LA startups

Disney's $500 million purchase of YouTube video producer Maker Studios is a sign that the entertainment industry's content and technology startups are coming of age and proving to be as valuable to Hollywood as app makers are to the giants of Silicon Valley.

Food pantry donations qualify for tax credits

Missourians who made monetary donations to food pantries in 2013 may claim a tax credit on their 2013 tax return, because of a bill passed during Missouri’s 2013 legislative session.

California DMV: No evidence of computer breach

The California Department of Motor Vehicles said Saturday there is no evidence of a computer breach that could affect credit-card users, but it's launching an investigation "out of an abundance of caution."

Endocyte surges on news for cancer drug

Shares of Endocyte nearly doubled in value Friday after European Union regulators said the company's drug Vynfinit should be approved as a treatment for ovarian cancer, and Endocyte said the drug helped slow the progression of lung cancer in a midstage trial.

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Fed clarifies guidance on short-term rates

Janet Yellen tried at her first news conference as Federal Reserve chair to clarify a question that's consumed investors: When will the Fed start raising short-term interest rates from record lows?

New Fed chair's 'dashboard' of job-market gauges

The Federal Reserve on Wednesday downplayed the unemployment rate as a guide to the U.S. economy's health. But Janet Yellen, the new Fed chair, didn't leave investors in the dark.

JPMorgan selling physical commodities business

JPMorgan said on Wednesday that it has made a deal to sell its physical commodities business for $3.5 billion as regulators weigh whether to restrict banks' ability to control power plants, warehouses, and oil refineries.

Fast stock trades probed in New York

New York's attorney general has begun investigating split-second stock trading by some high-frequency traders and called on the exchanges Tuesday to end the practice he said gives them an unfair advantage.

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Yellen and husband: A tight economic partnership

As the Federal Reserve's new leader, Janet Yellen won't have to go far to bounce ideas off a fellow economist. The kitchen table will do just fine.

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Lawsuit claims coal pollutes Mississippi River

A coal terminal south of New Orleans has been polluting the Mississippi River for years and continues to do so daily, three environmental groups claim in a federal lawsuit.

Wells Fargo keeps pay for CEO flat at $19.3M

Wells Fargo kept its pay for CEO John Stumpf unchanged at $19.3 million last year, saying he has led the company well and reduced risk.