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China probe says stored chemical caused Tianjin blasts

Twenty-five officials will face prosecution over the blasts on suspicion of dereliction of duty, abuse of power and bribery, the official Xinhua News Agency reported, citing the Supreme People's Procuratorate. An investigative team assembled by the State Council, China's Cabinet, said flames spread among stocks of nitrocellulose, a flammable compound used...
Source: The Associated Press
Callaway reports 4Q loss

CARLSBAD, Calif. _ Callaway Golf Co. on Thursday reported a loss of $30.5 million in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 36 cents per share. Five analysts surveyed by Zacks expected $148.2 million.
Source: The Associated Press
VW submits fix for 3.0-liter diesels to California officials

LOS ANGELES— The Volkswagen Group of America submitted its proposal Tuesday to bring Porsches, Audis and Volkswagen cars with six-cylinder, 3.0- liter diesel engines up to California's air quality standards after state regulators found the vehicles were programmed to emit cleaner emissions on government treadmill tests than on the real road.
Source: The Associated Press
A monetary 'magician' of dirty tricks in ABC drama 'Madoff'

NEW YORK— Don't look to Richard Dreyfuss to defend Bernie Madoff. Then he cites another object of his scorn he did portray— former vice president Dick Cheney in the 2008 feature "W." People forget that inside everyone is a bit of Dick Cheney, and as an actor you find those little moments when you've been a little bit Cheney.
Source: The Associated Press | By: By FRAZIER MOORE, AP Television Writer
Trump: They debated. We raised $6M for vets

Two veterans groups say they will be accept money raised by Donald Trump's campaign rally, but other vet organizations said were not so sure.
Source: CNBC.com | By: Eamon Javers
Boston-area real estate developer convicted of insider trading

Jan 28- A Boston- area real estate developer was found guilty on Thursday of engaging in insider trading based on a tip about a merger a bank executive passed him on cocktail napkin over drinks at a country club. Robert Bray, 78, was convicted by a federal jury in Boston on one count of securities fraud for illegally trading on a tip in 2010 that Eastern Bank Corp would...
Source: Reuters
'Super Bowl' of golf business underway in Florida

More than 40,000 golf professionals and fans are gathered in Orlando, Florida, for the annual PGA Merchandise Show.
Source: CNBC.com | By: Jessica Golden
Under Armour demand continues to soar, stock leaps

Shares of the No. 2 U.S. sportswear maker rose as much as 13.5 percent after it forecast full-year 2016 revenue above Wall Street estimates.
Source: Reuters
What gets Bubba Watson out of bed  

Golf star Bubba Watson discusses the advancements of golf and equipment he uses. Watson says he is optimistic about the state of golf in 2016.
Source: CNBC.com
West report OK'd, stricter ammonium nitrate standards urged

WACO, Texas— Federal regulators approved a report Thursday that found inadequate emergency response coordination and training and careless storage of potentially explosive materials contributed to a catastrophic 2013 blast at a Texas fertilizer plant. According to the report, dozens of similar plants are still operating in Texas near schools, hospitals...
Source: The Associated Press