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  • WASHINGTON, Feb 13- President Barack Obama has a number of likely options as he looks for a nominee to the U.S. Supreme Court to replace Justice Antonin Scalia, who died on Saturday. If Obama's nominee is not confirmed by the Senate, the White House could use the process to energize Democratic voters ahead of the presidential and congressional elections in...

  • NEW YORK— Wall Street is hurting, and Main Street doesn't care. It's an about-face from the early years of the economic recovery, which began in 2009, when stocks and big banks were soaring but many on Main Street felt like they were getting left behind. The divergence underway between Main Street and Wall Street highlights the difference between the U.S. stock...

  • PORTLAND, Maine— Federal authorities say they want feedback from the public about proposed rules they hope would take a bite out of illegal fishing imports that jeopardize the country's multibillion dollar commercial fishing industry. Proposed new rules about seafood traceability would protect the public from fraud and help keep unsustainable fish...

  • But a nation not invited— neighboring power China— will be the proverbial elephant in the room as the leaders grapple with sensitive territorial disputes. U.S. officials say the two-day summit at the Sunnylands estate is not directed against China, a strategic rival of the U.S. China says it has a historical right to virtually all of the South China Sea and has...

  • MANILA, Philippines— A summit next week between Southeast Asian leaders and President Barack Obama is unlikely to deliver any big economic prizes, but will allow the American side to press the advantages of joining a Pacific trade pact that doesn't include China. "We are going to be engaged in Southeast Asia, we're going to be engaged in working with the nations of...

  • Feb 12- Nevada's utility regulator voted unanimously on Friday to require households with solar panels to move to a new, less generous rate structure, angering supporters who said existing solar owners should be able to preserve their previous rates. The Nevada Public Utilities Commission's move came in the wake of its decision in December to reduce the...

  • BOSTON, Feb 12- Valiant Capital Partners, a hedge fund with ties to renowned investor Julian Robertson that has been closed to new investments since 2012, is raising fresh capital, a person familiar with the firm's plans said. The San Francisco- based firm, which has bet heavily on technology stocks including Apple, Facebook and Amazon, wants to keep its assets near...

  • Feb 12- Facebook Inc's India managing director, Kirthiga Reddy, said on Friday she is stepping down and returning to the United States to "explore new opportunities" at the company's headquarters in Menlo Park, California. Reddy, who joined Facebook in 2010 as its first employee in India, said in a Facebook post she would be relocating in the next 6-12 months.

  • Anworth posts 4Q profit Friday, 12 Feb 2016 | 4:37 PM ET

    SANTA MONICA, Calif. _ Anworth Mortgage Asset Corp. on Friday reported fourth-quarter net income of $32.9 million, after reporting a loss in the same period a year earlier. The Santa Monica, California- based company said it had net income of 30 cents per share. For the year, the company reported profit of $14.7 million, or 8 cents per share.

  • HAVANA— The United States and Cuba will sign an agreement next week to resume commercial air traffic for the first time in five decades, starting the clock on dozens of new flights operating daily by next fall, U.S. officials said Friday. Barring other major announcements, it would be the most significant development in U.S.- Cuba trade since Presidents Barack...

  • NEW YORK— Shares of the Pandora Media plummeted Friday, a day after the Internet radio company reported fourth-quarter earnings that fell short of Wall Street expectations. With that service, Pandora faces increasing competition for users from Spotify, Apple Music and other streaming services, said BTIG Research analyst Richard Greenfield in a note to...

  • NEW YORK/ SAN FRANCISCO, Feb 12- Alphabet Inc's Google will not participate in the U.S. Federal Communications Commission's upcoming auction of broadcast airwaves for wireless industry use, a spokeswoman told Reuters on Friday. Google last participated in a 2008 FCC auction but did not buy any airwaves.

  • LOS ANGELES— A utility company got control of a leaking well that spewed natural gas for nearly four months and uprooted thousands of Los Angeles residents. Southern California Gas Co. reported in October that gas was leaking from a storage well at its Aliso Canyon facility. The leak occurred in a well drilled in 1953 to pump oil from beneath the Santa Susana...

  • NEW YORK/ SAN FRANCISCO, Feb 12- Alphabet Inc's Google will not participate in the U.S. Federal Communications Commission's upcoming auction of broadcast airwaves for wireless industry use, a spokeswoman told Reuters on Friday. The FCC's deadline for interested bidders to file applications to participate in the auction ended on Wednesday.

  • GLENDALE, Colo.— Colorado's newest pot shop has some wondering whether strippers and weed are too closely aligned on a busy highway just east of downtown Denver. The Smokin Gun Apothecary opened on a site formerly occupied by the Denver area's best known strip club, Shotgun Willie's. Beyond banning the sale of pot and alcohol in the same shop, Colorado has no...

  • WASHINGTON— Mitt Romney, the 2012 Republican presidential candidate, offered this year's hopefuls advice about a hard-learned lesson: Release your tax returns before the primaries and avoid tough scrutiny later. Even as other candidates— most notably Hillary Clinton and Jeb Bush— have already disclosed years' worth of private tax returns to dispel questions...

  • HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 30 this week to 541.. Colorado, Pennsylvania and Wyoming lost two apiece and Kansas was off by one. Alaska, Arkansas, Ohio, Utah and West Virginia were all unchanged.

  • There have been no other reports of illness related to the Buffalo Wild Wings' restaurant in Overland Park in suburban Kansas City, Johnson County spokeswoman Barbara Mitchell told Reuters in an email. "We have taken additional steps to conduct deep cleaning for norovirus at all Kansas City area restaurants," Buffalo Wild Wings, known for its chicken wings, said...

  • House backs bill to ease calorie labeling requirements Friday, 12 Feb 2016 | 11:48 AM ET

    The FDA rules will require restaurants and other establishments that sell prepared foods and have 20 or more locations to post the calorie content of food "clearly and conspicuously" on their menus, menu boards and displays. Cathy McMorris Rodgers, R- Wash., would leave the Food and Drug Administration rules requiring the labeling in place but make it easier for...

  • Feb 12- Now markets have delivered their verdict on inflation- it's not picking up any time soon- economic data due next week will show whether price pressures are rising meaningfully or falling back in some of the world's major economies. Sweden's Riksbank also slashed its repo rate to -0.50 percent on Thursday, partly as insurance against expectations that...