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  • The trips, which occurred from around 2006 to 2011, were purportedly for training at PTC's Needham, Massachusetts headquarters but were mostly for recreational excursions, including to New York, Los Angeles, Las Vegas and Hawaii, the department and the SEC said in statements. In its settlement with the SEC, PTC also agreed to return $11.9 million in profits it...

  • Jogging

    A national survey reveals the well-being of each state based on residents' social life, financial standing and more.

  • NEW YORK, Feb 3- Expectant couples planning "babymoon" vacations are increasingly steering clear of Latin America and the Caribbean amid warnings about a suspected link between a Zika virus outbreak in the region and birth defects, travel agents say. Machowsky, who is herself expecting a child and called off a planned vacation to Anguilla, said she is redirecting...

  • District Judge Jed Rakoff in Manhattan certified two classes of plaintiffs, saying their claims are similar enough to be pursued as groups. One class bought various Petrobras securities from January 2010 to July 2015 and will be led by Universities Superannuation Scheme of Liverpool, England. The other bought debt securities from offerings in 2013 and 2014,...

  • District Judge Jed Rakoff in Manhattan certified two classes of plaintiffs, saying their claims are similar enough to be pursued as groups. One class bought various Petrobras securities from January 2010 to July 2015 and will be led by Germany's Union Asset Management Holdings AG. The other bought debt securities from offerings in 2013 and 2014, and will be...

  • Jan 29- Privately owned vaccine developer Hawaii Biotech Inc has joined the race to produce a vaccine for the mosquito-borne Zika virus, a fast-spreading infection which has been linked to severe birth defects in babies. The company initiated a formal program to test a Zika vaccine last fall, as the virus began to gain traction in Brazil, said Chief Executive Dr.

  • *Mosquito-borne virus linked to birth defects in Brazil. GENEVA/ LONDON, Jan 25- The mosquito-borne Zika virus, which has been linked to brain damage in thousands of babies in Brazil, is likely to spread to all countries in the Americas except for Canada and Chile, the World Health Organization said on Monday. Zika transmission has not yet been reported in the...

  • Jan 25- GlaxoSmithKline Plc is concluding feasibility studies evaluating whether its vaccine technology is suitable for the Zika virus, which has been linked to brain damage in thousands of babies in Brazil, a spokeswoman told Reuters. Zika will likely spread to all countries in the Americas except for Canada and Chile, the World Health Organization said on...

  • Jan 25- GlaxoSmithKline Plc is concluding "feasibility" studies to see if its vaccine technology might be suitable for the Zika virus, a company spokeswoman told Reuters. The mosquito-borne Zika virus, which has been linked to brain damage in thousands of babies in Brazil, is likely to spread to all countries in the Americas, except for Canada and Chile, the World...

  • Friday's warning adds Barbados, Bolivia, Ecuador, Guadeloupe, Guyana, Cape Verde, Samoa and the island of Saint Martin to a list of 14 countries and territories. Health experts are unsure why the virus- detected in Africa in 1947 but unknown in the Americas until last year- is spreading so rapidly in Brazil and neighboring countries. The agency issued an advisory...

  • PARIS/ LONDON, Jan 20- BNP Paribas has chosen banks to prepare a multi-billion dollar stock market listing for its U.S. unit First Hawaiian Bank, sources close to the matter said. The bank said at the time that realising value from First Hawaiian Bank could strengthen the parent bank's Common Equity Tier 1 ratio- a key measure of bank capital stability- by up to...

  • SAN FRANCISCO, Jan 19- Part of a lawsuit can proceed against the founder of Facebook's virtual reality glasses unit Oculus VR Inc, but a U.S. judge also dismissed several claims filed by another company which alleged the Oculus founder had passed off its confidential information as his own. District Judge William Alsup in San Francisco ruled on Saturday that a...

  • New York, Jan 12- Travel expert Tim Winship considers himself a budget-conscious travel expert, but even this editor-at-large of SmarterTravel.com was blind-sided by a mandatory resort fee. The Luxor Hotel in Las Vegas is charging him a resort fee of nearly $30 per day for an upcoming family reunion, something he noticed only in the last stage of booking through...

  • SAP reported record annual operating profits driven both by year-end software license renewals and customers' converting to newer cloud-based software.

  • *Sees 2016 oper profit of 6.4 bln- 6.7 bln euros. *Says more than doubles S/4 HANA customers to 2,700. FRANKFURT, Jan 12- SAP, Europe's largest software company, on Tuesday reported record annual operating profits, driven both by year-end software license renewals and customers' converting to newer cloud-based software.

  • SINGAPORE, Jan 4- Oil prices jumped over 2 percent in the first trading hours of 2016 as relations between Middle Eastern rivals Saudi Arabia and Iran deteriorated following Riyadh's execution of a prominent Shi'ite Muslim cleric. Saudi Arabia cut diplomatic ties with Iran on Sunday, responding to the storming of its embassy in Tehran in an escalating row...

  • HONOLULU, Dec 30- President Barack Obama will travel to Germany in late April to attend the trade show known as the Hannover Messe and to meet with Chancellor Angela Merkel, a top ally, the White House said on Wednesday. The trade show is a major event in Germany, attracting some 200,000 people every year, the White House said. "The president's participation- a first for...

  • Starbucks Red Holiday Cups

    What holiday-themed drink do you love the most? Starbucks released a report on the country's favorite festive brews.

  • *BNP considers "strategic alternatives" for First Hawaiian Bank. PARIS, Dec 23- BNP Paribas said on Wednesday it is considering "strategic alternatives" for its U.S. unit First Hawaiian Bank which could help France's biggest listed bank reach regulatory capital requirements by mid-2017. However, BNP Paribas added it is contemplating "strategic alternatives"...

  • Dec 15- Virgin America Inc said on Tuesday it will lease 10 Airbus A321neo planes starting in 2017, a move that could let the low-cost airline add flights from coast to coast in the mainland United States and to Hawaii. The single-aisle planes, the largest yet to enter Virgin America's fleet, will be leased from GE Capital Aviation Services, the aviation leasing...