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August 12, 2015 REAL ESTATE

Australia's Fairfax Media full-year profit falls 63%

Australian media company Fairfax reported a 62.9 percent drop in full-year profits on Thursday, but shareholders welcomed the consensus-beating result amid the challenges facing news organisations in the digital age. Net profit plunged to Aus$83.17 million (US$61.49 million) from a year ago said Fairfax, which owns newspapers, radio and digital interests across Australia. Underlying revenue — excluding the sale of two print plants and closed operations — rose 0.3 percent

August 12, 2015 ENERGY (MSM)

EPA chief: Colorado river hit by mine waste back to pre-spill quality

By Lauren Hammond DURANGO, Colo. (Reuters) – The water quality of a southwestern Colorado river rendered bright orange by toxic waste spewed from an abandoned gold mine one week ago has returned to pre-existing levels, the U.S. Environmental Protection Agency chief said on Wednesday. The statement from EPA Administrator Gina McCarthy, whose agency’s inspectors inadvertently triggered the spill during field work, came as Colorado health officials cleared the way for

August 12, 2015 ENERGY (MSM)

EPA: Colorado river fouled by mine waste returns to pre-spill levels

DURANGO, Colo. (Reuters) – The water quality of a southwestern Colorado river that was turned bright orange from toxic waste spewed from an abandoned gold mine one week ago has returned to conditions before the spill, the head of the U.S. Environmental Protection Agency said on Wednesday. (Reporting by Lauren Hammond in Durango; Writing by Steve Gorman; Editing by Sandra Maler)