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May, 29, 2016

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Business > Americas
The United States named Panama's prominent Waked family, who run a large luxury goods, duty-free shop and real estate business, as a major drug money-laundering organization on Thursday.
 
The U.S.' largest public utility is selling a never-completed nuclear plant that has cost more than US$4 billion dollars over the past four decades.
 
Foreigners who had been banking on their investments in a biomedical research facility and a hotel and rental cottage project in Vermont to get green cards are scrambling to find a backup now that the project's developers are accused of misusing hundreds of millions of U.S. dollars in what investigators called a "massive eight-year fraud scheme."
 
Mexico City is ordering 40 percent of cars and trucks to stay off the streets Thursday, extending for a third day a traffic cutback aimed at lessening pollution.
 
Brazilian prosecutors have filed a US$43.4 billion lawsuit against BHP Billiton and Vale over the Samarco mine dam burst that killed 19 and wreaked environmental havoc.
 
U.S. manufacturing expanded in April for the second straight month, suggesting that factories are adapting to a strong dollar and economic weakness overseas, according to a private survey.
 
U.S. construction spending advanced in March to its highest level in more than eight years. Gains in home building and nonresidential construction offset a drop in government projects.
 
Oil field in Western US source of global uptick in ethane air pollution
An oil and natural gas field in the western United States is largely responsible for a global uptick of the air pollutant ethane, according to a new study.
 
Marijuana farms not far from the White House
Security cameras and barbed wire suggested this was the right place -- the old warehouse on a dead-end street not far from the White House that hosts one of the handful of legal marijuana farms in the U.S. capital.
 
Governor Alejandro Garcia Padilla announced that Puerto Rico's government will not make nearly US$370 million in bond payments due Monday after a failure to restructure or find a political solution to the U.S. territory's spiraling public debt crisis.
 
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