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  • Feb 6- Republican White House contenders on Saturday called for a tough strategy toward North Korea, including expanded missile defense, after the reclusive communist nation appeared to have launched a long-range rocket into space. "They do not understand anything but toughness and strength," New Jersey Governor Chris Christie said of North Korea during the...

  • In a contentious debate three days ahead of Tuesday's New Hampshire primary, billionaire real estate mogul Donald Trump also battled with rival Jeb Bush over the use of eminent domain to seize private property and called for a compassionate approach to those who might lose their health insurance if Republicans repealed Obamacare. Polls show Trump leading...

  • MANCHESTER, N.H., Feb 6- Republican presidential contenders led by New Jersey Governor Chris Christie went on the attack against fast-rising rival Marco Rubio in Saturday's presidential debate, accusing the first-term U.S. senator from Florida of being too inexperienced for the White House and walking away from comprehensive immigration reform.

  • MANCHESTER, N.H., Feb 6- Republican presidential contenders led by New Jersey Governor Chris Christie went on the attack against fast-rising rival Marco Rubio in Saturday's presidential debate, accusing the first-term U.S. senator from Florida of being too inexperienced for the White House and walking away from comprehensive immigration reform.

  • BUENOS AIRES/ NEW YORK, Feb 6- Investors on Saturday praised the speed with which new Argentine President Mauricio Macri made a cash offer to holders of defaulted bonds aimed at ending a long and bitter dispute that has strangled government finances. A financial markets pariah since defaulting on a record $100 billion in 2002, Argentina proposed on Friday a...

  • Feb 5- Greek-yogurt maker Chobani LLC, founded by billionaire Hamdi Ulukaya, said on Friday it had rejected offers from beverage giant PepsiCo Inc and other investors. Chobani worked with Goldman Sachs Group Inc to explore the sale after being approached by several parties in 2015.. The decision to reject the offer was due in part to the terms, Chobani said in an...

  • NEW YORK— Two of six leading bondholders that years ago refused Argentina's invitation to trade their bonds at steep discounts have agreed to settle their longstanding claims after the South American nation offered bondholders with cases in federal court in Manhattan $6.5 billion in what a court-appointed mediator described Friday as a "historic...

  • Feb 5- BlueCrest Capital Management, the hedge fund firm founded by billionaire Michael Platt, is being investigated by a U.S. financial regulator over possible conflicts posed by an internal fund that manages the money of its partners, Bloomberg reported. The Securities and Exchange Commission started the investigation last year, Bloomberg said on Friday,...

  • SAO PAULO/ NEW YORK, Feb 5- Gávea Investimentos Ltda, the hedge fund run by former Brazilian central bank president Arminio Fraga, is doubling down on contrarian bets on Mexico's currency and against Brazil's, a sign that disparities between Latin America's two biggest economies will grow faster. Gávea also kept bets against the currencies of Thailand, South...

  • NEW YORK, Feb 4- A suspended deputy United Nations ambassador from the Dominican Republic cannot claim diplomatic immunity to avoid U.S. charges that he participated in a vast bribery scheme, a U.S. judge ruled on Thursday. District Judge Vernon Broderick in Manhattan ruled that as a naturalized U.S. citizen, neither treaty obligations nor federal law entitled...

  • NEW YORK, Feb 4- A suspended deputy United Nations ambassador from the Dominican Republic cannot claim diplomatic immunity to avoid U.S. charges that he participated in a vast bribery scheme, a U.S. judge ruled on Thursday. District Judge Vernon Broderick in Manhattan ruled that as a naturalized U.S. citizen, neither treaty obligations nor federal law entitled...

  • NEW YORK— A federal appeals court agreed on Thursday to rehear the appeal of the insider-trading conviction of a former board member for Goldman Sachs and Proctor& Gamble. The 2nd U.S. Circuit Court of Appeals in Manhattan said in a one-page order that it will rehear the claims of Rajat Gupta. "We are pleased with the court's ruling and believe we have meritorious...

  • *Founder Del Vecchio takes helm as executive chairman. But Leonardo Del Vecchio's return to the helm of Italy's Luxottica, owner of Ray Ban and Oakley sunglasses, at the age of 80 and insistence none of his six children should carry the burden of such a big firm beg the question of who might fit the bill. Positions are not being filled, two of the sources said,...

  • MADRID, Feb 4- Mexican billionaire Carlos Slim is set to launch a full takeover bid for Spanish building and infrastructures firm FCC after a planned rights issue due to be approved soon, a source familiar with the matter said. Slim's holding company Inversora Carso group, is currently FCC's main shareholder with a 27.43 percent stake, closely followed by Esther...

  • Feb 4- Viacom Inc Chief Executive Philippe Dauman is expected to take over the role of executive chairman from Sumner Redstone, CNBC tweeted, citing sources. Dauman will take over the role despite objections from Redstone's daughter and Vice Chairman Shari Redstone, CNBC tweeted. Shari Redstone, 60, had said that both companies needed an "independent voice" as...

  • NEW YORK/ LOS ANGELES, Feb 3- Viacom's board appears poised to replace Sumner Redstone as chairman on Thursday, after the aging mogul stepped down from his executive role at the top of CBS, but it was not apparent who would get his job at Viacom as Redstone's daughter made clear she did not want CEO Philippe Dauman to succeed her father. Redstone, 92 and in poor health,...

  • Shares of CBS were up 4.6 percent after the bell, while those of Viacom Inc, where Redstone is also chairman, rose 7.9 percent. CBS said Redstone would be replaced by Leslie Moonves, its president and chief executive since 2006.. Redstone's resignation as executive chairman was effective Feb. 2, CBS said.

  • CBS shares were up 3.6 percent in after-market trading, while those of Viacom Inc, where Redstone is also chairman, rose 6.3 percent. CBS said Redstone would be replaced by Leslie Moonves, the president and chief executive officer of the company. But he will stay on as chairman emeritus at CBS.

  • Sumner Redstone resigns as CBS executive chairman Wednesday, 3 Feb 2016 | 4:15 PM ET

    Feb 3- CBS Corp said on Wednesday Sumner Redstone had resigned as executive chairman, a move that comes amid heightened questions about the billionaire's physical and mental health. He will be replaced by Leslie Moonves, the president and chief executive officer of CBS, the company said. Redstone's resignation was effective Feb. 2.

  • Rubio could see campaign fortunes rise from Iowa finish Wednesday, 3 Feb 2016 | 3:15 AM ET

    WASHINGTON— Marco Rubio's strong third-place finish in Iowa could sound like a starting gun to the Republican Party's top donors. Rubio, a 44- year-old Florida senator, came within striking distance of Trump's second place in Iowa, a surprising result given the celebrity businessman's dominance in polls. Rubio moves on to New Hampshire, which weighs in Tuesday,...