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  • WASHINGTON, Feb 13- In almost 30 years on the bench of the U.S. Supreme Court Justice Antonin Scalia was strident, colorful, and most of all, conservative. That made him an unlikely buddy for fellow justice Ruth Bader Ginsburg. Scalia, who died at age 79, was appointed to the high court by President Ronald Reagan in 1986 and built a reputation as one of the nation's most...

  • 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...

  • NEW YORK, Feb 10- New York Governor Andrew Cuomo on Wednesday urged federal regulators to block KeyCorp's plan to acquire First Niagara Financial Group Inc, saying the merger would impede retail banking competition and cost thousands of jobs upstate. The request, unusual for a sitting governor, came 3-1/ 2 months after Cleveland- based KeyCorp announced plans to...

  • Andrew Cuomo is urging federal regulators to reject KeyCorp's $4.1 billion deal to buy First Niagara Financial Group and create the 13th largest commercial bank in the United States. The New York Democrat says the proposed acquisition of Buffalo- based First Niagara by Cleveland- based KeyCorp would reduce retail banking competition in upstate New York,...

  • TransDigm misses 1Q profit forecasts Tuesday, 9 Feb 2016 | 7:33 AM ET

    CLEVELAND _ TransDigm Group Inc. on Tuesday reported fiscal first-quarter earnings of $114.9 million. TransDigm expects full-year earnings in the range of $10.65 to $10.89 per share, with revenue in the range of $3.14 billion to $3.19 billion. TransDigm shares have decreased 6 percent since the beginning of the year.

  • COLUMBUS, Ohio— The Columbus airport is joining its counterparts nationwide in training employees to recognize signs of human trafficking in an effort to curb exploitation. Beginning this month, all 400 employees at Port Columbus International Airport will view a 30- minute video on spotting signs of trafficking. The awareness campaign in Columbus joins...

  • CLEVELAND— A jury in Ohio has awarded $27 million to a man who was badly injured in a Greyhound bus accident on a Pennsylvania interstate. Cleveland.com reports 45- year-old Mark Soberay, of Cleveland, was awarded $23 million in compensatory damages and $4 million in punitive damages on Jan. 22. The bus was traveling from New York City to Cleveland.

  • Jan 6- Lamar Advertising Co is in advanced talks to buy billboard assets in five U.S. cities from Clear Channel Outdoor Holdings Inc worth roughly $450 million, according to people familiar with the matter. Lamar is close to a deal to purchase Clear Channel Outdoor's billboard assets in Cleveland, Des Moines, Memphis, Reno and Seattle, the sources said this week,...

  • WASHINGTON, Nov 24- The number of regional Federal Reserve banks pushing for a hike in what commercial banks are charged for emergency loans rose to nine in October, a sign the U.S. central bank may be close to tightening monetary policy, minutes from its discount rate meeting showed on Tuesday. Ahead of the central bank's Oct. 27-28 policy meeting, directors of the...

  • Nov 15- Goldman Sachs Group Inc's private equity arm and buyout firm Thomas H. Lee Partners LP have agreed to acquire facility management company GCA Services Group Inc from Blackstone Group LP, according to people familiar with the matter. Goldman Sachs and Thomas H. Lee will have an equal participation in a consortium that will acquire GCA, the largest provider...

  • DIARY-Top Economic Events to Nov 25 Wednesday, 11 Nov 2015 | 7:02 PM ET

    WASHINGTON- Federal Reserve Bank of St. Louis President James Bullard speaks before the Cato Institute 33rd Annual Monetary Conference, "Rethinking Monetary Policy"- 1405 GMT. WASHINGTON- Federal Reserve Bank of Richmond President Jeffrey Lacker and Bank of Mexico Deputy Governor Manuel Sanchez participate in "Panel 1: What Monetary Policy Can and Can't Do"...

  • DIARY-Top Economic Events to Nov 24 Tuesday, 10 Nov 2015 | 7:01 PM ET

    Speakers:- Bank of England Mark Carney and European Central Bank President Mario Draghi. WELLINGTON- Reserve Bank of New Zealand releases Financial Stability Report STOCKHOLM- Swedish Central Bank executive board meets for non-rate setting meeting UTSUNONMIYA, Japan- Bank of Japan board member Yutaka Harada speaks at Utsunomiya- 0130 GMT.

  • DIARY-Top Economic Events to Nov 21 Monday, 9 Nov 2015 | 7:01 PM ET

    CHICAGO- Federal Reserve Bank of Chicago President Charles Evans speaks at Chicago Booth School's Initiative on Global Markets, "The $13 Trillion Question: Managing the U.S. Government's Debt"- 1930 GMT. BRUSSELS- European Parliament exchanges views with European Central Bank President Mario Draghi- 0830 GMT. BERLIN- European Central Bank Executive Board...

  • DIARY-Top Economic Events to Nov 19 Monday, 2 Nov 2015 | 7:01 PM ET

    LONDON- Bank of England's Executive Director for Resolution Andrew Gracie speaks at the Financial Times banking summit- 0920 GMT. LONDON- Bank of England's Executive Director for Insurance Supervision, Sam Woods, speaks at the Association of British Insurers biennial conference- 1115 GMT. FRANKFURT- European Central Bank President Mario Draghi speaks at the...

  • DIARY-Top Economic Events to Nov 13 Friday, 30 Oct 2015 | 8:01 PM ET

    FRANKFURT- European Central Bank releases results of Greek bank stress test. FRANKFURT- ILF Conference with Hengeler Mueller: "One Year of SSM: Effective and Efficient Supervision in a Volatile World?" FRANKFURT- ECB Executive Board member Sabine Lautenschlaeger speaks at the International conference, "One Year of SSM: Effective and Efficient Supervision in a...

  • NEW YORK, Oct 29- Shares in U.S. industrial companies and exporters may come under pressure through year end as the prospect of an interest rate hike from the Federal Reserve strengthens the dollar and weighs on Corporate America, analysts said. With Fed officials making it clear that the central bank is looking to raise rates by year end, the already strong dollar...

  • AMSTERDAM, Oct 26- Dutch healthcare systems and lighting group Philips warned on Monday that the planned sale of its Lumileds division, valued at $3.3 billion, is in doubt due to U.S. national security concerns. Reporting a swing to a third-quarter net profit, the company said the disposal to a consortium of mostly Chinese investors, agreed in March, had run into...

  • Third-quarter net income swung to a profit of 324 million euros from a loss of 103 million euros in the same period a year earlier while sales were up 2 percent to 5.80 billion euros from the same period a year earlier. Analysts polled by Thomson Reuters had expected net profit of 191 million euros and sales of 5.80 billion euros. Philips announced in March it would...

  • At least half a dozen drugs, including colon cancer treatments Cyramza, from Eli Lilly& Co, and Stivarga, sold by Bayer AG, aren't worth prices that can exceed $100,000 a year, top cancer specialists said in interviews with Reuters. If specialists do start considering a drug's cost in their prescribing habits, such decisions could dent the multibillion-dollar...

  • DETROIT/ CHICAGO, Oct 2- Mounting discontent among the United Auto Workers rank and file will complicate its leaders' bid to recover from the defeat of a proposed labor agreement with No. 3 U.S. automaker Fiat Chrysler Automobiles NV, UAW members said Friday. UAW President Dennis Williams and its vice president for Fiat Chrysler, Norwood Jewell, told local union...