A week of sub-freezing temperatures has damaged California's citrus crop, but it will take several weeks to quantify losses, industry officials said.» Read More
*Lawsuit stems from pollution costs that pushed Tronox into Chapter 11. NEW YORK, Dec 12- Anadarko Petroleum Corp and its Kerr-McGee unit acted with "intent to hinder" when they spun off Tronox, the paint materials company that later went bankrupt, and should pay billions of dollars in environmental cleanup costs, a judge ruled on Thursday.
*Libya aims to restart 3 eastern oil ports on Sunday. SINGAPORE, Dec 13- Brent crude held above $108 a barrel on Friday as traders eyed a restart of ports in eastern Libya while also looking ahead to next week's Federal Reserve meeting for any changes to its massive stimulus programme.
WASHINGTON, Dec 12- The Democratic-led U.S. Senate on Thursday approved six of President Barack Obama's nominees, including four judges, on the second day of its around-the-clock confirmation marathon that Republicans were unable to stop because of a rule change.
SAN FRANCISCO, Dec 12- Twitter Inc encountered a user revolt for the first time as a public company after it tweaked its "block" function on Thursday, prompting an outcry from those who said the new policy empowered perpetrators of online abuse. Users could previously prevent their harrassers from following them or interacting with their tweets.
IBM lobbied Congress hard to pass a law letting it share personal data of customers in China and elsewhere with the U.S. National Security Agency in a bid to protect its intellectual property rights, according to a complaint filed in the U.S. District Court in Manhattan.
Dec 12- United Technologies Corp, the world's largest maker of elevators and air conditioners, on Thursday projected earnings to rise 7 percent to 11 percent next year, barely meeting analysts' targets, and gave a revenue view that fell short of Wall Street expectations.
NEW YORK, Dec 12- Anadarko Petroleum Corp and its Kerr-McGee unit acted with "intent to hinder" when they spun off Tronox, the paint materials company that later went bankrupt, and should pay billions of dollars in environmental cleanup costs, a judge ruled on Thursday.
NEW YORK, Dec 12- Boeing Co said on Thursday it planned to eliminate up to 1,200 jobs in Washington state and move them to other U.S. locations as it reorganizes research and development functions. The move will reduce Boeing's reliance on unionized engineers in the Seattle area, and follows other steps Boeing has made to move jobs outside the state this year.
*President Barack Obama's campaign for Congress to hold off on new sanctions over Iran's nuclear programme won a key endorsement on Thursday when the chairman of the U.S. Senate Banking Committee rejected tightening measures against Iran now.
WASHINGTON, Dec 12- The Obama administration asked insurers on Thursday to be flexible with Americans trying to buy new health policies through the federal website HealthCare.gov, as officials race to fix problems still plaguing the enrollment process.
Other share markets in Asia took their lead from a soft finish on Wall Street. MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.2 percent in early trade, while Korea's KOSPI dipped 0.5 percent.
PHOENIX-- Shares of Insys Therapeutics Inc. slid in after-hours trading Thursday after the pharmaceutical company said its sales and marketing practices are under investigation. The Phoenix company said it has received a subpoena from the Office of Inspector General of the Department of Health and Human Services.
WASHINGTON, Dec 12- The Democratic-led U.S. Senate on Thursday approved five of President Barack Obama's nominees, including three judges, as an around-the-clock confirmation marathon entered its second day with Republicans unable to stop it because of a rule change.
Dec 12- Insurer American International Group is in talks to sell its jet-leasing finance business to AerCap Holdings NV, according to reports. Netherlands- based AerCap, the world's largest independent aircraft lessor, may team up with other bidders for International Lease Finance Corp, the reports said.
Restoration Hardware Holdings Inc. said Thursday that its co-CEO Carlos Alberini is resigning to take over as CEO and chairman at clothing company Lucky Brand. Restoration Hardware said it will initiate a search for Alberni's replacement soon. Restoration Hardware earned $9.5 million, or 23 cents per share, for the quarter that ended Nov. 2.
*Measure set for Senate passage next week. WASHINGTON, Dec 12- A breakthrough budget deal that avoids a government shutdown in January and blunts automatic spending cuts easily won passage in the U.S. House of Representatives on Thursday, setting the stage for nearly two years of fiscal peace in Congress.
After a two-year investigation, a executive working for a Chinese conglomerate was arrested on charges of stealing inbred corn seed from production fields in Iowa and Illinois and trying to smuggle it into China, U.S.
DETROIT, Dec 12- Ford Motor Co said on Thursday that it is adding more than 11,000 new jobs in the United States and Asia in 2014 as it rolls out 23 new vehicles, the biggest launch year in the company's 110- year history. The second-largest U.S. automaker will hire more than 5,000 workers in the United States, including 3,300 salaried positions.
NEW YORK, Dec 12- California's Obamacare insurance marketplace experienced a surge in enrollment last week, officials said on Thursday, offering welcome news for President Barack Obama's sweeping healthcare law from a state crucial to its success. At that rate, California would meet its 2013 enrollment target.
NEW YORK, Dec 12- IBM Corp has been sued by a shareholder who accused it of concealing how its ties to what became a major U.S. spying scandal reduced business in China and ultimately caused its market value to plunge more than $12 billion.