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  • Super political action committees, or super PACs, helping White House hopefuls like Marco Rubio and Hillary Clinton received big checks recently from obscure corporations or from nonprofits that don't have to disclose their donors' names. A super PAC backing Rubio, a Republican senator from Florida, benefited from companies with spectral names like " IGX LLC"...

  • BUENOS AIRES/ ROME, Feb 2- Argentina has reached a deal to pay $1.35 billion in cash to a group of Italian creditors who hold unpaid sovereign debt stemming from the South American country's record default in 2002, the investors said on Tuesday. The deal, which is subject to approval in Argentina's Congress, represents a payment of 150 percent on the $900 million...

  • BUENOS AIRES, Feb 2- Argentina has reached a preliminary deal with a group of Italian creditors who hold unpaid sovereign debt stemming from Argentina's record $100 billion default in 2002, Finance Minister Alfonso Prat-Gay said on Tuesday. On Monday evening, Daniel Pollock, the New York- based mediator in the debt talks said the unresolved claims totaled...

  • The median share price forecast of 31 analysts who raised price targets after Alphabet reported strong results on Monday was $924, suggesting that the company formerly known as Google could be valued at $628 billion in the next 12 months. A look at the most bullish price targets on the companies' shares shows that Alphabet is expected to be valued at $734 billion...

  • Alphabet overtakes Apple in market value - for now Tuesday, 2 Feb 2016 | 9:06 AM ET

    The median share price forecast of 30 analysts who raised price targets after Alphabet reported strong results on Monday was $920, suggesting that the company formerly known as Google could be valued at $625 billion in the next 12 months. A look at the most bullish price targets on the companies' shares shows that Alphabet is expected to be valued at $734 billion...

  • Oil struggled to steady, having fallen as much as 7 percent on Monday, and the glum macro mood sweeping back though markets saw European shares follow Asia deep into the red. Britain's FTSE 100, Germany's DAX and France's CAC 40 were down 1.4-1.7 percent as BP's biggest loss in 20 years and plans to cut thousands more jobs dovetailed with rating cuts by S&P for...

  • Cruz's Iowa victory could be big blow to Big Corn Monday, 1 Feb 2016 | 11:40 PM ET

    Republican presidential candidate Ted Cruz's victory on Monday in corn-rich Iowa could represent a major blow to the nation's controversial biofuels program, reflecting its waning influence over politicians even in the U.S. farm heartland. The conservative senator from Texas and outspoken opponent of the Renewable Fuel Standard, or RFS, upset Republican...

  • Rival donors back these two GOP hopefuls Monday, 1 Feb 2016 | 8:22 AM ET
    Marco Rubio, Donald Trump, Ted Cruz

    The steady rise of Ted Cruz has unleashed a new counter-establishment of conservative donors, campaign finance reports show. The NYT reports.

  • Del Vecchio is well regarded and credited with turning Luxottica into a global player by buying coveted brands such as Ray Ban sunglasses. The company has been dogged by concerns over management stability over the past year and a half following the departure of long-standing CEO Andrea Guerra following a rift with Del Vecchio. His successor, Enrico Cavatorta...

  • WASHINGTON— Marco Rubio, Jeb Bush, John Kasich and Chris Christie, the four Republican candidates in a showdown for their party's traditional supporters, closed last year with roughly as much money in the bank combined as Ted Cruz, the conservative insurgent they hope to topple. With voting beginning Monday in Iowa, and continuing next week in New Hampshire, Rubio,...

  • Trump holds Iowa lead as caucus vote nears Sunday, 31 Jan 2016 | 10:13 AM ET
    Donald Trump

    Donald Trump has widened his edge against rival Ted Cruz in Iowa, according to poll that shows the billionaire gaining momentum.

  • NEW YORK, Jan 29- Samantha Greenberg, a partner at $16.2 billion Paulson& Co., is leaving to launch her own hedge fund firm, according to people familiar with the situation. Greenberg and a spokesman for Paulson, led by billionaire John Paulson, declined to comment. She was named to the Hedge Fund Journal and Ernst& Young's 50 Leading Women in Hedge Funds for 2013.

  • The billionaire refused to participate in the debate out of anger that Fox News anchor Megyn Kelly was a moderator. Last-minute phone calls with Fox News Chairman Roger Ailes failed to resolve their dispute, which broke out just days before next week's Iowa caucuses, the first nominating contest for the Nov. 8 presidential election. On Friday, Trump defended his...

  • But CNN said the debate was still rated more highly than coverage of a rally at the same time that was hosted by Trump, who boycotted the Fox News event in a fight with the network. Citing early data from measurement company Nielsen, CNN said the Fox News debate in Iowa on Thursday had a household rating of 8.4, beating only an earlier debate on the less-prominent Fox...

  • UPDATE 1-Trump skips debate, wins on social media Friday, 29 Jan 2016 | 11:08 AM ET

    Senator Ted Cruz of Texas, Senator Marco Rubio of Florida, retired neurosurgeon Ben Carson and former Florida Governor Jeb Bush also gained traction on Google. Trump boycotted the event after Fox News refused to yield to his demand that network anchor Megyn Kelly be replaced as a moderator. After Fox News issued a sarcastic news release about the contretemps,...

  • Printer maker Xerox to split into two Friday, 29 Jan 2016 | 6:52 AM ET

    Jan 29- Xerox Corp said it would split into two companies, one holding its legacy hardware operations and the other its business process outsourcing unit. The printer and copier maker will give billionaire activist investor Carl Icahn, who holds an 8.13 percent stake, three seats on the board of the business process outsourcing company. Xerox, whose shares had...

  • LOS ANGELES, Jan 28- Viacom Inc Executive Chairman Sumner Redstone will undergo an examination on Friday by a doctor hired by an ex-girlfriend in a lawsuit that challenges his mental competency, a spokesman for the former girlfriend said. Stephen Read, a geriatric psychiatrist retained by former girlfriend Manuela Herzer, will examine Redstone at his...

  • Jan 28- Xerox Corp will split into two companies and give billionaire activist investor Carl Icahn three board seats on one of the companies, the Wall Street journal reported. Xerox will split into one company containing its hardware operations and another housing its services business, the Journal reported, citing sources. The WSJ said Icahn would get the...

  • SAO PAULO, Jan 28- Grupo BTG Pactual SA cut about 18 percent of Brazil- based staff on Thursday as the embattled investment-banking firm moved to reduce costs by 25 percent in the wake of the arrest of billionaire founder André Esteves. The bank had 1,653 staff in Brazil. On Wednesday, Reuters reported that up to 25 percent of Brazil employees could be fired to bring...

  • LAS VEGAS— The Las Vegas Review-Journal has a new publisher recruited and hired by the family of billionaire casino mogul Sheldon Adelson, who secretly bought the newspaper last fall in a sale that has been heavily scrutinized over transparency concerns. The owners said Thursday in a statement that Craig A. Moon has been appointed publisher of Nevada's...