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  • Nevada no lock for Tesla plant despite groundwork

    SPARKS, Nev. (AP) — A sprawling industrial park near Reno where wild mustangs roam among the sagebrush has become the focus of the secretive site selection process for Tesla's $5 billion battery factory, but the groundwork taking place is no guarantee the plant and its 6,500 jobs are coming. Lance Gilman knows the bidding war with Texas,...

  • Government says GM owner site was faulty

    DETROIT (AP) — The government and General Motors are warning vehicle owners that GM's recall Web site may not be listing all the cars that need recall repairs. The National Highway Traffic Safety Administration said Friday that GM's vehicle identification number, or VIN, look-up system has been incorrectly telling some owners that their cars...

  • Microsoft sues Samsung in royalty dispute

    LOS ANGELES (AP) — Microsoft said Friday it is suing Samsung for threatening to stop paying Microsoft royalties for patents behind the Android operating system. The two companies came to a deal in September 2011 to cross-license each other's patent portfolios. Samsung wound up paying Microsoft royalties on a series of patents. Analyst Rick...

  • Berkshire Hathaway 2Q profit jumps 41 percent

    OMAHA, Neb. (AP) — Warren Buffett's company on Friday reported a 41 percent jump in its second-quarter profit that was boosted by a paper gain from a stock-swap deal completed earlier this year. But even without the big investment gains, Berkshire Hathaway Inc. reported solid performances at most of its 80-odd subsidiaries, which include BNSF...

  • Army to force out 550 majors; some in Afghanistan

    WASHINGTON (AP) — About 550 Army majors, including some serving in Afghanistan, will soon be told they have to leave the service by next spring as part of a budget-driven downsizing of the service. Gen. John Campbell, the vice chief of the Army, acknowledged Friday that telling troops in a war zone that they're out of a job is a difficult...

  • Utility to pay Tennessee coal ash victims $27.8M

    NASHVILLE, Tenn. (AP) — The nation's largest public utility has agreed to pay $27.8 million to settle claims from Tennessee property owners who suffered damages from a huge, 2008 spill of toxin-laden coal ash sludge that drew national attention to coal ash and its toxic contaminants. The spill happened when a containment dike burst at the...

  • Business Highlights

    ___ US job growth eases but tops 200K for a 6th month WASHINGTON (AP) — A sixth straight month of solid 200,000-plus job growth in July reinforced growing evidence that the U.S. economy is accelerating after five years of sluggish expansion. Employers added 209,000 jobs last month. Though that was fewer than in the previous three months, the...

  • Allergan sues Valeant, claims fraud in buy attempt

    TRENTON, N.J. (AP) — Botox and eye-drug maker Allergan is suing a Canadian drugmaker and a hedge fund over their hostile takeover attempt, alleging insider trading and other fraud before their plan became public. Allergan Inc.'s lawsuit, filed Friday in U.S. District Court in Santa Ana, California, names as plaintiffs drugmaker Valeant...

  • US job growth eases but tops 200K for a 6th month

    WASHINGTON (AP) — A sixth straight month of solid 200,000-plus job growth in July reinforced growing evidence that the U.S. economy is accelerating after five years of sluggish expansion. Employers added 209,000 jobs last month. Though that was fewer than in the previous three months, the economy has now produced an average 244,000 jobs a...

  • U.S. gas prices fall, but Colorado Springs not the biggest beneficiary

    Gas prices hit a four-year low Friday after a month-long fall, but Colorado drivers are paying more at the pump than others. The nationwide average cost of a gallon of gas dropped to about $3.51 Friday, 15 cents less than the July 4 average, according to data from price tracker GasBuddy.com. The statewide average is about 10 cents higher than...

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