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  • NEW YORK— The last ever Passover matzos have rolled out of a century-old bakery on Manhattan's Lower East Side— a neighborhood that's been dubbed the "Jewish Plymouth Rock" but is rapidly gentrifying. "For decades, immigrant Jews and their descendants have made' pilgrimages' back to the Lower East Side— the Jewish Plymouth Rock— to reconnect with their history, and of...

  • NEW YORK, March 30- Private equity firm Warburg Pincus LLC has told investors it will seek to raise a new $12 billion global fund, just two years after amassing a $11.2 billion fund, according to people familiar with the matter. The fundraising comes as other private equity firms such as Blackstone Group LP and Silver Lake Partners LP take between four to six years...

  • NEW YORK, March 30- Fidelity Investments, a major investor in DuPont, has put pressure on activist fund Trian Fund Management LP and the chemical conglomerate to reach a settlement in what it sees as a detrimental proxy fight, according to people close to the matter. Fidelity, whose 2.5 percent stake makes it DuPont's sixth largest shareholder, has not publicly...

  • WASHINGTON— Two major companies in a prominent $1.4 billion Asia investment fund managed by New York banking giant Morgan Stanley unexpectedly told securities regulators they will not file their financial statements on time and froze trading in their stocks, actions generally considered to be cause for concern. The publicly traded companies, Tianhe...

  • Ford Motor Co. said Monday that the Lincoln Continental is coming back after a 13- year hiatus. A concept version of the full-size Continental will be shown at the New York auto show this week. Lincoln, Ford's luxury division, was founded in 1917 by Henry Leland, the former manager of General Motors Co.' s Cadillac division.

  • DEARBORN, Mich.— Elvis Presley had one; so did Clark Gable. Then the name vanished amid an invasion of newer luxury cars from Europe and Asia. And it's a nod to the importance of China, where customers know the Continental name and appreciate brands with a rich history.

  • NEW YORK, March 30- Ford Motor Co will resurrect the Lincoln Continental as its top-of-the line luxury sedan, betting the classic name will help rebuild the brand's image in the United States and China. Ford's Lincoln will unveil a prototype of the future Continental sedan on Monday ahead of the April 3-12 New York auto show, which will feature many of the...

  • NEW YORK, March 30- When General Motors Co takes the wraps off its new Cadillac CT6 on Tuesday the most important thing about the vehicle could be what is under its skin. The CT6, to be unveiled ahead of the April 3-12 New York auto show, is an expensive car aimed more at boosting Cadillac's brand image than sales volume. Automakers are under pressure in the United...

  • HONG KONG— Asian markets were mostly higher Monday as investors digested Fed chief Janet Yellen's comments signaling U.S. interest rates were expected to rise sometime this year but when they did they would do so gradually. KEEPING SCORE: Japan's benchmark Nikkei 225 index was up 0.5 percent to 19,378.52 while South Korea's Kospi gained 0.3 percent to...

  • *More than 160,000 jobs lost across 24 banks in two years- data. LONDON, March 30- Top European and U.S. banks axed 59,000 jobs last year as they restructured and cut costs, with headcount expected to shrink further in Europe as bosses strive to improve profitability that has been hit hard by tougher regulation. "The screws will stay tight on headcount," said Aymen Saleh,...

  • Hong Kong retail rents drop as Chinese shoppers stop Sunday, 29 Mar 2015 | 7:30 PM ET

    HONG KONG, March 30- A drop in Chinese tourist numbers is driving down shop rentals in Hong Kong, with vacancies increasing in the same prime areas that just three years ago pipped New York's Fifth Avenue to become the world's most expensive retail real estate. Spooked by months of cross-border tensions and pro-democracy protests, tour groups visiting Hong Kong...

  • SYDNEY, March 30- The dollar started trade on Monday pretty much where it closed in New York after the head of the U.S. central bank assured investors that the path back to' normal' interest rates will only occur at a gradual pace. The dollar fetched 119.24 yen versus 119.11 late in New York on Friday. "Yellen went to great length to detail why rate hikes would not be...

  • "They touched down 1,100 feet short of the runway, so I'd say they're pretty lucky," Mike Cunningham, an official with the Transportation Safety Board of Canada, told a news conference. Air Canada said the Airbus A320 flying from Toronto was carrying 133 passengers and five crew members. "We at Air Canada are greatly relieved that no one was critically injured.

  • LOS ANGELES, March 29- Jeffrey Katzenberg must be breathing a huge sigh of relief after the embattled DreamWorks Animation chief scored a much needed box office win with the release of "Home." The family film was the weekend's top ticket seller, pulling in a sterling $54 million, easily eclipsing projections that had it bowing to between $30 million and $35 million.

  • "We at Air Canada are greatly relieved that no one was critically injured. Yet we fully appreciate this has been a very unsettling experience, " Air Canada Chief Operating Officer Klaus Goersch said in a statement. Air Canada said the Airbus A320 flying from Toronto was carrying 133 passengers and five crew members.

  • LOS ANGELES, March 29- Jeffrey Katzenberg must be breathing a huge sigh of relief after the embattled DreamWorks Animation chief scored a much needed box office win with the release of "Home." The family film was the weekend's top ticket seller, pulling in a sterling $54 million, easily eclipsing projections that had it bowing to between $30 million to $35 million.

  • Jack and Sandra Looney sure hope so. "The Coal Miner's Blood sells more than any of them," Jack Looney says of the sweet red. Seco, like so many Central Appalachian communities, owes its existence to coal— its very name an acronym for South East Coal Company.

  • NEW YORK— Business was brisk at the weekend box-office, where the DreamWorks animated alien adventure "Home" beat out the Will Ferrell-Kevin Hart comedy "Get Hard" with a resounding debut of $54 million, according to studio estimates Sunday. Though a distant second, "Get Hard" also opened strongly with an estimated $34.6 million, rewarding the Warner Bros. pairing of...

  • At the end of last year, a Massachusetts route selected by Texas- based Kinder Morgan generated so much venom that the company nudged it north into New Hampshire— where the venom is also flowing freely. There's another reason the loudest protests are all coming from the region: They're where the gas is, waiting just east of the gas-rich Marcellus Shale region.

  • The fall was slight, but it was just the second year-over-year decline since April 2010, when an oil production boom was just beginning to transform Midland. Midland has a population of around 140,000, and an economic decline there alone should not seriously dent the state economy. At the heart of the Permian Basin, one of the biggest oil deposits in the country,...