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Exxon Mobil must pay $236M in NH pollution case

Exxon Mobil must pay $236 million to New Hampshire to clean up groundwater contamination caused by gasoline additive MTBE. (AP) — Exxon Mobil Corp. was found liable Tuesday in a long-running lawsuit over groundwater contamination caused by the gasoline additive MTBE, and the jury ordered the oil giant to pay $236 million to New Hampshire to clean it up.

Feinstein: Tentative deal on immigration ag workers 


A deal in Washington on immigration reform and ag workers is in the works.(AP) — A tentative deal has been reached to resolve a dispute between agriculture workers and growers that was standing in the way of a sweeping immigration overhaul bill, a key senator said Tuesday.

Dow Jones average closes at another record high

The Dow Jones industrial average closed up 60 points, while the S&P 500 rose five points and the Nasdaq climbed 15 points.(AP) — Materials and energy companies led the stock market higher Tuesday, sending the Dow Jones industrial average to its second all-time high in a week.

US companies post more jobs, but fill them slowly

(AP) — U.S. employers advertised the most job openings in nearly five years in February, but overall hiring rose at a much slower pace. The figures suggest companies are too cautious about the economy to quickly fill open jobs.

JC Penney ousts CEO Ron Johnson

Ron Johnson is out as CEO of J.C. Penney, whose customer satisfaction and stock value tanked after trying a new sales strategy.(AP) — J.C. Penney is naming Mike Ullman as its new CEO. He takes over from Ron Johnson, who is leaving the company.

Alcoa's 1Q profit rises, beats expectations

Alcoa’s products wind up in many things, so investors study the company's results for hints about earnings in other industries.(AP) — Alcoa Inc. kicked off earnings season Monday by reporting a larger first-quarter profit than analysts expected, helped by strong demand for aluminum used to make airplanes and automobiles.

Senate confirms White to head SEC

Former U.S. attorney Mary Jo White was nominated by President Obama as chairman of the Securities and Exchange Commission. (AP) — The U.S. Senate has confirmed Mary Jo White's nomination as chairman of the Securities and Exchange Commission, making her the first former prosecutor to lead the federal agency that oversees Wall Street.

Stocks rise ahead of earnings season

The Dow Jones industrial average closed up 48 points, while the S&P 500 gained nine points and the Nasdaq rose 18 points.(AP) — Stocks ended modestly higher Monday, shrugging off an early decline, as investors waited to see whether big U.S. companies would deliver on expectations of strong earnings in 2013.

Trial over Martha Stewart brand resumes

The issue is whether Macy's has exclusive rights to sell some of Martha Stewart branded products such as cookware and bedding. (AP) — Attorneys for J.C Penney and Macy were back in court Monday to fight over the Martha Stewart brand after a monthlong mediation period went nowhere.

Oil slide continues, natural gas soars

Gas prices inched lower, dropping a penny to $3.63 per gallon. Prices have been slowly falling since peaking at $3.79 on Feb. 27. (AP) — The price of oil dipped below $93 a barrel Friday after a weak U.S. jobs report cast doubt on the strength of the U.S. economy.