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Business - Wire

New Pikeville office to help entrepreneurs

Today at 3:09 a.m.

— A new office is opening in Pikeville to help startup companies in Appalachia.

  • Target expands subscription service tenfold

    Target is vastly expanding the goods that are available to order by subscription as it fends off its biggest non-traditional retail rival, Amazon.com.

  • US sanctions government official in Zimbabwe

    The Treasury Department is sanctioning a government official and others in Zimbabwe for allegedly undermining democracy in the southern African nation.

  • Obama: 8 million signed up for health care

    Eight million people have signed up for health care through new insurance exchanges, President Barack Obama said Thursday, besting expectations and offering new hope to Democrats who are defending the law ahead of the midterm elections.

  • NY AG reaches agreement with GrubHub over tips

    Attorney General Eric Schneiderman has reached an agreement with the online food delivery company GrubHub Inc. to ensure that the tips it collects from customers will be given to the workers they were intended for.

  • Tiny power plants hold promise for nuclear energy

    Small underground nuclear power plants that could be cheaper to build than their behemoth counterparts may herald the future for an energy industry under intense scrutiny since the Fukushima disaster, the incoming head of the Nuclear Energy Agency told The Associated Press.

  • NJ unemployment rate inches up to 7.2 percent

    Preliminary data show New Jersey's unemployment rate inched up to 7.2 in March from 7.1 the previous month as the state lost 1,300 jobs.

  • Wolf reports $2.2M in 2012 income

    Tom Wolf, a Democratic candidate for governor who took out a multimillion-dollar loan to help finance his campaign, reported nearly $2.2 million in adjusted income in 2012, according to the two pages of his 2012 tax return he released Thursday.

  • Morgan Stanley's income rose 18 percent

    Investment bank Morgan Stanley said Thursday that its first-quarter income rose 18 percent from a year ago, helped by higher earnings in its trading and merger and acquisitions advisory businesses.

  • Pickens teaming up with family-run Wyoming firm

    T. Boone Pickens is teaming up with a family-run Wyoming business hoping to become the largest maker of natural gas engines for drilling rigs.

  • Russian state media claim AP skews Putin coverage

    Kremlin-controlled television channels criticized The Associated Press' international television service for cutting into its live feed of President Vladimir Putin's nearly four-hour call-in show to send footage from other developing news stories, including the attempted raid on a Ukrainian national guard base.

  • Post Holdings to buy Michael Foods for $2.45B

    Cereal maker Post Holdings Inc. is buying fellow packaged food maker Michael Foods Inc. in a $2.45 billion deal that will expand Post's range of products.

  • Oil near $104 as traders weigh supplies, Ukraine

    The price of oil remained near $104 a barrel Thursday as investors weighed the upheaval in Ukraine against a big increase in U.S. oil supplies.

  • Ex BP-employee settles US insider-trading charges

    A former BP employee who was a coordinator during the 2010 oil spill in the Gulf of Mexico has agreed to settle federal charges of using confidential information on the seriousness of the spill to profit illegally from trading in BP stock.

  • Servier, lab founder in drug scandal, dies at 92

    Jacques Servier, the founder of France's second-largest pharmaceutical group who became ensnared in a scandal over a diabetes drug widely used for weight loss, has died.

  • Researcher finds flaw in Samsung fingerprint check

    A Berlin-based researcher says he has managed to fool the fingerprint-based security system on Samsung's new Galaxy S5 smartphone using wood glue and a picture of the original print.

  • Cyber cops: Target hackers may take years to find

    Secret Service investigators say they are close to gaining a full understanding of the methods hackers used to breach Target's computer systems last December.

  • Defend 'Obamacare' unabashedly, some Democrats say

    With enrollments higher than expected, and costs lower, some Democrats say it's time to stop hiding from the president's health care overhaul, even in this year's toughest Senate elections.

  • Union Pacific railroad's 1Q profit up 14 percent

    The harsh winter didn't keep Union Pacific railroad from delivering 14 percent higher quarterly profit as it hauled more agricultural, industrial and coal shipments.

  • Overall index up in rural Midwest banker survey

    The overall index for an economic survey of bankers in 10 Midwestern and Plains states has risen for a second consecutive month, suggesting more growth in the months ahead.

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