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Today's News

AC's Revel exits bankruptcy court

2 hours, 39 minutes ago

Revel is bankrupt no more. The struggling Atlantic City casino formally emerged from bankruptcy court on Tuesday, just 13 months after it opened with sky-high hopes. The pre-planned Chapter 11 filing wiped out $1.2 billion of the casino's $1.5 billion in debt, by giving lenders an 82 percent ownership stake.

Ill. House committee OKs fracking regulatory bill

2 hours, 39 minutes ago

A proposal that aims to create thousands of jobs in southern Illinois by kick-starting high-volume oil and gas drilling cleared a top committee Tuesday, sending it on to the House floor. The measure has been touted by proponents as creating the nation's strictest fracking regulations, although opponents worry the practice could lead to water pollution.

AP Top Financial News At 4 p.m. EDT

2 hours, 35 minutes ago

Apple's Cook faces Senate questions on taxes JPMorgan's Dimon survives shareholder referendum Stock indexes head higher in afternoon trading

AP Top Extended Financial Headlines At 4 p.m. EDT

2 hours, 35 minutes ago

Apple CEO Cook testifies before Senate panel after report says it avoids billions in taxes JPMorgan shareholders let CEO Jamie Dimon keep chairman job Stocks turn higher after reassuring words from Fed official; Home Depot gains after earnings

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