• Bourbon boom: Kentucky inventory reaches 40-year high

    Yesterday

    LOUISVILLE, Ky. (AP) — Kentucky's bourbon boom is showing no signs of peaking as distilleries keep up a production pace unmatched for decades. The state's bourbon inventory reached a 40-year high last year, with nearly 5.7 million barrels aging in warehouses, the Kentucky Distillers'...

  • FDA clears drug for leading form of cystic fibrosis

    Yesterday

    WASHINGTON (AP) — Federal health officials have approved a new combination drug for the most common form of cystic fibrosis, the debilitating inherited disease that causes internal mucus buildup, lung infections and early death. But it will come at a steep price — more than $250,000...

  • Centene makes $6.3B bid for fellow insurer Health Net

    Yesterday

    Centene has jumped into the mix of managed-care companies scrambling to bulk up as the health care overhaul changes their business with a $6.3-billion bid for fellow insurer Health Net. The deal announced Thursday gives St. Louis-based Centene a chance to expand in two hot growth...

  • Tesla tops 11,000 vehicles delivered in second quarter

    Yesterday

    PALO ALTO, Calif. (AP) — Electric car maker Tesla's second-quarter deliveries surged 52 percent to set a company record exceeding 11,000 vehicles. The Palo Alto, California, company had surpassed 10,000 vehicles for the first time in the first three months of the year and on Thursday...

  • Intel President Renee James to leave chipmaker

    Yesterday

    NEW YORK (AP) — Intel said Thursday that President Renee James, who has worked at the chipmaker for 28 years, plans to leave the company early next year to seek a CEO role elsewhere. James has agreed to stay with Intel until January to oversee the transition of her responsibilities...

  • Pricey NYC restaurant settles wage violation complaint

    Yesterday

    NEW YORK (AP) — One of New York City's most expensive restaurants agreed to settle a complaint that it added a 20 percent charge for banquets and did not pass the money on to its waiters, officials said Thursday. State Attorney General Eric Schneiderman announced the $500,000...

  • Plane diverts to Ohio airport after alleged threats by flier

    Yesterday

    COLUMBUS, Ohio (AP) — Officials say a plane headed from St. Louis to Washington, D.C., was diverted to central Ohio after a pilot reported a disruptive passenger made threatening statements. Airport spokesman David Whitaker says the United Express flight, which was bound for Dulles...

  • $18.7B deal clears path for BP to close books on Gulf spill

    Yesterday

    NEW ORLEANS (AP) — Trying to close the books on the worst offshore oil spill in U.S. history, BP agreed Thursday to provide billions of dollars in new money to five Gulf Coast states in a deal the company said would bring its full obligations to an estimated $53.8 billion. Federal and...

  • Experts give their take on jobs, Fed and financial markets

    Yesterday

    NEW YORK (AP) — If investors hoped Thursday's U.S. jobs report would give them clarity, they were probably disappointed. The report, one of the most-watched pieces of news in financial markets, painted a mixed picture for U.S. employment. And it left a key question hanging over stocks...

  • Health Net and BP are big market movers

    Yesterday

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Health Net Inc., up $6.51 to $71.57 The managed health care services company is being bought by Medicaid coverage provider Centene Corp. for...

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