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  • NEW YORK— Twitter CEO Jack Dorsey said Saturday the social media website's stream of tweets will stay live and in real time, disputing a media report that a change was in the works. News and entertainment site BuzzFeed reported on Friday that Twitter was going to introduce a timeline based on an algorithm rather than a real-time stream. The San Francisco- based...

  • BEDFORD, N.Y.— A builder whose company worked on the World Trade Center in New York City, the Century City complex in Los Angeles and Walt Disney's EPCOT center in Florida among other high-profile developments has died. Tishman died Saturday morning at his home in Bedford, about 35 miles north of New York. He later oversaw the construction of some of the nation's...

  • Advertising is still important for CBS- home of the Super Bowl this year- but the focus is shifting to new revenue streams. He would not say which CBS shows- which include hits such as "The Big Bang Theory" and "The Good Wife"- would be candidates for exclusive distribution on the All Access service, but suggested it would be original content and shows that have an avid fan...

  • DIARY-Top Economic Events to Feb 18 Friday, 5 Feb 2016 | 7:01 PM ET

    MONDAY, FEBRUARY 8 LOS ANGELES- Federal Deposit Insurance Corp Chair Martin Gruenberg speaks before the 2016 National Inter-agency Community Reinvestment Conference, "Pathways to Economic Opportunity," sponsored by the Federal Reserve Bank of San Francisco, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and the...

  • LinkedIn shares plunge almost 44 percent Friday, 5 Feb 2016 | 5:28 PM ET

    SAN FRANCISCO— Investors gave LinkedIn a poor job review Friday in the form of a dramatic sell-off that wiped out nearly $11 billion in the professional networking site's market value. LinkedIn said it expects revenue of about $3.6 billion to $3.65 billion for this year, while analysts surveyed by FactSet were projecting sales of $3.9 billion.

  • Feb 5- New Jersey on Friday filed a lawsuit against Volkswagen AG and its luxury units over the German automaker's excess diesel emissions, becoming the fourth U.S. state to take legal action. It faces a U.S. ban on selling 2016 diesel models and is holding talks with California, which issued a separate ban, and the U.S. Environmental Protection Agency to win...

  • Feb 5- The Kansas health department has confirmed one positive case of norovirus related to Buffalo Wild Wings Inc, the department's Johnson County office said. "These types of illness are common this time of year," Johnson County Department of Health and Environment Director Lougene Marsh said in a statement. Norovirus is the most common cause of food-borne...

  • Farmer Brothers beats 2Q profit forecasts Friday, 5 Feb 2016 | 4:21 PM ET

    TORRANCE, Calif. _ Farmer Brothers Co. on Friday reported fiscal second-quarter net income of $5.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. Farmer Brothers shares have dropped 24 percent since the beginning of the year.

  • New Jersey sues VW over excess diesel emissions Friday, 5 Feb 2016 | 4:14 PM ET

    Feb 5- New Jersey on Friday filed a lawsuit against Volkswagen AG and its luxury units over the German automaker's excess diesel emissions, becoming the third U.S. state to take legal action. It faces a U.S. ban on selling 2016 diesel models and is holding talks with California, which issued a separate ban, and the U.S. Environmental Protection Agency to win approval...

  • Acquisition targets would have benefited from being part of Lions Gate, a Canadian corporation with a lower tax rate, but certain regulations would prevent Lions Gate from buying larger companies, he said. Lions Gate said Thursday it was in talks to merge with Starz, a company it has had a 15 percent voting stake in since last year. Malone, who has stakes in both...

  • BEVERLY HILLS, Calif.— A Beverly Hills- based beauty school says it's closing all 56 of its campuses in five states after losing federal funding over allegations of misconduct. It shut facilities this week in California, Nevada, Utah, Kansas and Connecticut. School officials told the San Gabriel Valley Tribune that about 5,000 students and employees will receive...

  • HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 48 this week to 571.. Among major oil- and gas-producing states, Texas declined by 19 rigs, Oklahoma dropped eight, Louisiana dropped five, Pennsylvania lost three, North Dakota, Utah and Wyoming each declined by two and Ohio dropped...

  • *Tom Ford also to sell collection on same day as Sept show. LONDON/ PARIS, Feb 5- Design houses Burberry and Tom Ford on Friday announced new strategies that will allow them to close the gap between the runway and retail in order to get clothing and accessories more quickly to customers in different climates around the world. Major luxury brands such as Dior, Chanel,...

  • WASHINGTON— Twitter is now using spam-fighting technology to seek out accounts that might be promoting terrorist activity and is examining other accounts related to those flagged for possible removal, the company announced Friday. The White House on Friday said Twitter's announcement was "very much welcome. "The administration is committed to taking every...

  • Acquisition targets would have benefited from being part of Lions Gate, a Canadian corporation with a lower tax rate, but certain regulations would prevent Lions Gate from buying larger companies, he said. Lions Gate said Thursday it was in talks to merge with Starz, a company it has had a 15 percent voting stake in since last year. Malone, who has stakes in both...

  • Feb 5- Wall Street extended a sharp selloff in afternoon trading on Friday after data showing the U.S. unemployment rate had hit an eight-year low in January revived the prospect of a Fed rate hike this year, and tech stocks sold off heavily following weak forecasts. Despite the expected slowdown in job growth, the unemployment rate fell to 4.9 percent, the lowest...

  • *Dollar rebounds from recent losses. NEW YORK, Feb 5- Global stocks and bond prices fell after a key U.S. jobs report painted a mixed picture of the U.S. labor market and left investors with a muddled view on rate hike prospects. While U.S. non-farm payrolls increased by just 151,000 jobs last month, well below forecasts of 190,000, the unemployment rate fell to 4.9...

  • Feb 5- Wall Street was sharply lower on Friday after the January U.S. jobs report appeared to keep alive the prospect of a Fed rate hike this year and tech stocks sold off heavily. Despite the expected slowdown in job growth, the unemployment rate fell to 4.9 percent, the lowest since February 2008, and average hourly earnings increased 0.5 percent, suggesting the...

  • *Average hourly earnings rise 12 cents, or 0.5 pct. Feb 5- Wall Street was sharply lower on Friday after data showing a surge in wages in January and an eight-year low unemployment rate kept the prospects of a Fed rate hike alive this year. "That... serves as a caution to markets that it is too early to take a Federal Reserve March hike completely off the table," said Mohamed...

  • WASHINGTON, Feb 5- Barack Obama might seem an unlikely investor in the firearms industry. Since Obama was elected in 2009, mutual funds have raised their stakes to about $510 million from $30 million in the nation's two largest gun manufacturers with publicly traded shares, Smith& Wesson Corp and Sturm, Ruger& Co. The White House declined to comment on Obama's...