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September, 26, 2016

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Business > Americas
The American Beverage Association and others filed a lawsuit Wednesday to try to block a soda tax set to take effect in Philadelphia in January.
 
Prosecutor reaches $4M settlement with utility for gas leak
A utility that owns a well that leaked massive amounts of natural gas and drove thousands of families from their Los Angeles homes pleaded no contest to a criminal charge Tuesday as part of a $4 million settlement with prosecutors.
 
Prosecutor reaches $4M settlement with utility for gas leak
A utility that owns a well that leaked massive amounts of natural gas and drove thousands of families from their Los Angeles homes pleaded no contest to a criminal charge Tuesday as part of a $4 million settlement with prosecutors.
 
Median household income in the United States rose last year for the first time in eight years, providing welcome relief for Americans struggling to make ends meet, U.S. officials have said.
 
A new report shows Hawaii has the nation's highest average home prices as the cost of housing in the state has soared over the last year.
 
Fed governor says case for a rate hike less than convincing
The case for raising U.S. interest rates remains less than convincing, given weak inflation and under-employment levels, influential Federal Reserve Board Governor Lael Brainard said Monday.
 
Nevada company submits bid for unfinished nuclear plant
An alternative energy company from Nevada says it is bidding $38 million for an unfinished nuclear power plant in Alabama.
 
Business economists still think the U.S. economy will continue to grow for the next two years, but they again have scaled back their expectations for just how much.
 
So long cable box. New rules may allow you to bypass the box
The Federal Communications Commission has a plan to make cable companies provide apps that could be used on devices made by tech companies like maybe Roku or Apple. It says Americans spend billions each year renting boxes and believes there is a better way.
 
Ackman feels like Mexican, buys 10 pct of Chipotle
Chipotle shares, under siege after a series of food scares erupted just over a year ago, are surging before the opening bell after activist investor Bill Ackman revealed that he's become the taco chain's second largest investor.
 
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