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  • June 10- Westlake Chemical Corp reached a deal to buy chemical producer Axiall Corp for $2.33 billion, after a six-month pursuit that included multiple bids and a rival offer from South Korea's Lotte Chemical Corp. Lotte Chemical already has a joint venture with Atlanta- based Axiall, through which it plans to produce ethylene in the United States.

  • Gery Shalon, 32, and Ziv Orenstein, 41, entered their pleas in Manhattan federal court before U.S. They were extradited from Israel this week. Shalon, Orenstein and a third defendant, Joshua Samuel Aaron, all from Israel, were charged in November in a 23- count indictment with alleged crimes targeting 12 companies, including nine financial services companies and...

  • Gery Shalon, 32, and Ziv Orenstein, 41, entered their pleas in Manhattan federal court before U.S. They were extradited from Israel this week. Shalon, Orenstein and a third defendant, Joshua Samuel Aaron, all from Israel, were charged in November in a 23- count indictment with alleged crimes targeting 12 companies, including nine financial services companies and...

  • Southeast on Tuesday, triggering a mix of floods, hazardous surf and other severe weather conditions in a broad swath between Florida and North Carolina as it moved out to sea. The storm, located 45 miles south of coastal North Carolina at 8:00 a.m. EDT, could strengthen further but was expected to dissipate over the Atlantic Ocean over the next day, the U.S....

  • June 7- Strong winds and heavy rainful were expected across the southeastern United States on Tuesday even as the center of Tropical Storm Colin was moving into the Atlantic Ocean. The storm was 90 miles southwest of Charleston, South Carolina, at 4 a.m. eastern time and moving at 31 mph, the U.S. National Hurricane Center in Miami said. Florida Governor Rick Scott,...

  • June 7- Tropical Storm Colin made landfall early on Tuesday sweeping northern Florida with heavy rainfall and strong winds as it headed northeast toward southeastern Georgia and coast of North and South Carolina. As Colin blasted 50 mph winds at Florida, a tornado was reported in Lee County Florida, the National Weather Service said. Florida Governor Rick...

  • June 7- Tropical Storm Colin made landfall early on Tuesday and was moving across northern Florida, unleashing thunderstorms and flooding while the state's governor activated the National Guard ahead of its landfall. A tropical storm warning was in effect for northern Florida north into North Carolina on Tuesday morning. Florida Governor Rick Scott, who had...

  • BERLIN, June 5- Vietnam and South Korea are looking seriously at buying refurbished Lockheed Martin Corp P-3 and S-3 maritime surveillance planes to counter China's military buildup and repeated North Korean missile launches, the company said. Vietnam is expected to request formal pricing and availability data on four to six older U.S. Navy P-3 Orion...

  • SAN FRANCISCO, June 3- A whopping $12 billion of new sales of U.S. municipal bonds will come to market next week, a high for the year to date, highlighted by two offers of more than $1 billion in general obligation bonds from Maryland and Georgia. Jeffrey Lipton, head of municipal research and strategy at Oppenheimer and Co Inc, said the Fed would likely delay any...

  • NEW YORK, June 3- With a June Federal Reserve interest rate hike likely off the table following Friday's dismal jobs data, U.S. equity investors may shift their focus again to whether the economy is losing too much steam to allow stocks to advance. A first hint of the central bank's view of that could come Monday with a speech on the economic outlook by Fed Chair Janet...

  • The House Committee on Science, Space and Technology on Friday sent a letter to Federal Reserve Chair Janet Yellen to express "serious concerns" over the central bank's ability to protect sensitive financial information. "These reports raise serious concerns about the Federal Reserve's cyber security posture, including its ability to prevent threats from...

  • The House Committee on Science, Space and Technology on Friday sent a letter to Federal Reserve Chair Janet Yellen to express "serious concerns" over the central bank's ability to protect sensitive financial information. "These reports raise serious concerns about the Federal Reserve's cyber security posture, including its ability to prevent threats from...

  • June 2- U.S. vehicle owners will find some answers to their questions about the ongoing- and still growing- recalls of millions of cars with defective Takata air bag inflators:. Q: If the U.S. National Highway Traffic Safety Administration has determined that the air bags in my vehicle are at risk of rupturing, why hasn't my vehicle been recalled?

  • FRANKFURT, May 31- Deutsche Boerse could become a takeover target if its planned $30 billion tie-up with London Stock Exchange were to fail, the German exchange operator's chief executive said. Chicago- based rival CME Group, whose $33 billion market capitalisation is twice that of Deutsche Boerse's, could become a suitor, Carsten Kengeter told the ICFW...

  • Travelers are screened by Transportation Security Administration (TSA) workers at a security check point at O'Hare Airport on June 2, 2015 in Chicago, Illinois.

    Authorities open extra screening lanes and used bomb-sniffing dogs to give some passengers a break from removing their shoes.

  • May 27- A tropical storm warning, the year's first for the United States, was issued on Friday by the National Weather Service for the coast of South Carolina, five days before the official start of the Atlantic hurricane season. The bulletin, posted by the National Hurricane Center in Miami, warned of tropical storm conditions reaching South Carolina's...

  • May 27- U.S. meteorologists on Friday predicted the number of storms in the upcoming hurricane season will increase from years of below-average levels, as a weather system brewed off the East Coast potentially disrupting Americans' Memorial Day weekend. As Americans readied for the long weekend that marks the start of the U.S. summer, the U.S. National Oceanic...

  • Car driver

    Car insurance prices are headed higher due to weak industry profitability, bigger claims and elevated claims frequency due to more miles being driven. Auto insurance prices rose 6 percent in April, according to government data, making it the largest monthly increase since October 2003.

  • *Sees value in investment grade corporate bonds in US, Europe. TOKYO, May 27- Even though the Federal Reserve is expected to raise interest rates, long-term U.S. bond yields are unlikely to rise due to China's slowdown and negative rates in Japan and Europe, the top fund manager of Invesco Ltd's $240 bln global bond funds said. Gregory McGreevey, Atlanta- based CEO of...

  • May 26- The U.S. Virgin Islands sued Takata Corp and Honda Motor Co late on Wednesday over the sale of millions of recalled airbags linked to deadly ruptures. The Virgin Islands suit, seeking civil and other penalties, claims the companies committed fraud, used unfair trade practices and were negligent in allowing the use of the unsafe airbags.