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  • California water cuts move to those with century-old rights

    SACRAMENTO, Calif. (AP) — California farmers who hold rights to water that date back as far as the Gold Rush are bracing for their first state-ordered conservation in decades, as a record drought prompts some of the deepest cuts yet in the country's most productive agricultural state. After telling cities and towns to slash water use by 25...

  • Average US rate on 30-year mortgage slips to 3.84 percent

    WASHINGTON (AP) — Average long-term U.S. mortgage rates edged slightly lower this week after rising for three straight weeks. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage ticked down to 3.84 percent this week from 3.85 percent a week earlier. The rate on 15-year fixed-rate mortgages slipped to 3.05...

  • Manufacturing in Philly area grew at a slower pace in May

    WASHINGTON (AP) — Manufacturing growth in the Philadelphia region slowed a bit in May, one of several recent signs the U.S. economy is barely improving after an anemic start to the year. The Federal Reserve Bank of Philadelphia said Thursday that its index of factory activity slipped to 6.7 in May from 7.5 the previous month. Any reading above...

  • President Barack Obama's trade agenda advances to full Senate debate

    WASHINGTON (AP) — President Barack Obama's trade agenda advances to full Senate debate.

  • Tribune Media declares 25-cent dividend

    NEW YORK (AP) — Tribune Media Co. said Thursday that its board of directors declared its first quarterly dividend and set the amount at 25 cents per share. The Chicago-based media and entertainment company was created by splitting up The Tribune Co. into Tribune Media and Tribune Publishing Co. in August of 2014. Tribune Media owns television...

  • US stocks open slightly lower following mixed earnings news

    NEW YORK (AP) — Stocks are edging lower in early trading as investors look over some uneven company earnings reports. NetApp sank 9 percent early Thursday, the most in the Standard & Poor's 500 index, after reporting disappointing results. Dollar Tree fell 1 percent after reporting results that came in below analysts' expectations. The Dow...

  • New Jersey's recovery from Superstorm Sandy, at a glance

    Parts of the Jersey shore are still recovering from Superstorm Sandy 2 1/2 years after the devastating storm. While substantial progress has been made in rebuilding, thousands of homes still remain uninhabitable, and aid for rebuilding is still being parceled out. Here's a look at some key areas of the recovery effort and where things stand as...

  • Dollar Tree to sell 330 Family Dollar stores

    NEW YORK (AP) — Dollar Tree expects to reach a deal in the coming days to sell about 330 Family Dollar stores in order to receive approval of its $8.5 billion acquisition of Family Dollar. The dollar-store chain did not name the possible buyer for the Family Dollar stores or which locations would be sold. The Federal Trade Commission is...

  • US home sales tumbled 3.3 pct. in April as buyers faced shortage of listings, surging prices

    WASHINGTON (AP) — US home sales tumbled 3.3 pct. in April as buyers faced shortage of listings, surging prices.

  • Amazon adds one-hour store delivery in New York City

    NEW YORK (AP) — Amazon will begin offering one-hour delivery from local stores in New York City as competition in the delivery arena increases. The service, offered in the city's Manhattan borough, is part of Amazon's Prime Now delivery service and will initially include grocery chains D'Agostino and Gourmet Garage and bakery Billy's Bakery,...

  • Applications for US jobless aid up, but from very low level

    WASHINGTON (AP) — More Americans sought unemployment aid last week, though the number of applications remains at a historically low level that is consistent with a healthy job market. Weekly applications increased 10,000 to a seasonally adjusted 274,000, the Labor Department said Thursday. The four-week average, a less volatile figure, fell to...

  • Renters appear more satisfied in many pricey US cities

    WASHINGTON (AP) — High rents are worth it. At least that's the sentiment of apartment dwellers in New York, San Francisco and Washington, who say they're more satisfied living in those cities than do renters in far more affordable areas such as Milwaukee, Albuquerque and Detroit. The finding comes from a survey released Thursday by Apartment...

  • Applications for US unemployment benefits rose last week yet remain at historically low levels

    WASHINGTON (AP) — Applications for US unemployment benefits rose last week yet remain at historically low levels.

  • Comcast to launch lightning-fast Internet access in Colorado Springs

    Comcast Corp. said Wednesday that it will launch 2-gigabit-per-second Internet access this summer to nearly 1 million customers in Colorado Springs and the Denver area and immediately make 250-megabit-per-second access available to all its Colorado customers. The fastest Internet speed previously offered to Colorado customers by the...

  • MOVERS & SHAKERS

    Nine Ent Federal Credit Union mortgage loan officers were recently recognized for being in the top 200 in mortgage loan volume for 2014 in Origination News' annual Top Originators Survey. The list is based on mortgage loan production volume in the prior year. Stephanie Dombrowski ranked 60th, with a loan volume of $61 million on 302 loans. The...

  • Survey: Minority-owned businesses face loan obstacles

    NEW YORK (AP) — Minority businesses have a harder time getting bank loans than small companies in general, according to a survey released Thursday by Wells Fargo & Co. and the polling company Gallup. The survey found most business owners don't struggle to get credit, but it also shows disparities between the borrowing experiences reported by...

  • Paul commandeers Senate to protest Patriot Act

    WASHINGTON (AP) — Republican presidential candidate Rand Paul commandeered the Senate floor Wednesday to deliver a nearly 11 hours-long protest against renewal of the Patriot Act, calling the post-Sept. 11 law government intrusion on Americans' privacy. Congress faces a June 1 deadline for the law's expiration, and Paul's speech underscored...

  • Asian stock markets uneven after weak China data

    TOKYO (AP) — Asian stock markets were lackluster Thursday after China's economy showed new signs of weakness and Fed minutes shed little light on the timing of a U.S. interest rate hike. KEEPING SCORE: Japan's Nikkei 225 added 0.5 percent to 20,289.67 while Hong Kong's Hang Seng shed 0.1 percent to 27,570.49. South's Korea Kospi dropped 0.6...

  • Latest on California oil spill: Governor declares emergency

    6:45 p.m. (PDT) Gov. Jerry Brown has declared a state of emergency in Santa Barbara County over the coastal oil spill. The move Wednesday night from the governor frees up emergency state funding and resources to help in the cleanup efforts. Also Wednesday, Santa Barbara County District Attorney Joyce Dudley says her office, along with the...

  • Companies that employ West Coast dockworkers OK contract

    LOS ANGELES (AP) — A spokesman says the companies that employ West Coast dockworkers have approved a proposed contract that restored labor peace to sea ports that had all but stopped moving cargo earlier this year. Steve Getzug, a spokesman for the Pacific Maritime Association, said Wednesday its 71 voting member companies had overwhelmingly...

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