Volatile trading in stocks and bonds could continue as investors sort out what's going on with the Fed and whether markets have come to some sort of inflection point.» Read More
*Copper rallied to $7,533.75 a tonne in the previous session, its highest since April 12, but remains mired in losses of 7 percent for the year. *The most-traded September copper contract on the Shanghai Futures Exchange lost 0.75 percent to 53,080 yuan a tonne.
NEW YORK, May 22- New Hampshire's House of Representatives rejected a bill on Wednesday that would have authorized the construction of the state's first casino, bucking a regional trend toward easing restrictions on gaming in New England.
Volatile trading in stocks and bonds could continue as investors sort out what's going on with the Fed and whether markets have come to some sort of inflection point.
*After huge flows, Mexico preparing for Fed withdrawal. MEXICO CITY, May 22- Mixed signals from the U.S. economy are clouding the growth outlook for Mexico and it needs to be ready for the shocks that could accompany a possible withdrawal of U.S. monetary stimulus, Finance Minister Luis Videgaray said on Wednesday.
PERTH, May 23- U.S. crude futures prices dropped to around $94 a barrel on Thursday after data showing U.S. gasoline supplies rose and on concerns that the U.S. July oil futures contract fell 26 cents to $94.02 a barrel by 0035 GMT. *Brent also dropped 26 cents to $102.34 a barrel.
*FDA panel says suvorexant safe, effective at lower doses. On Monday, the FDA's internal reviewers published a report expressing concern about suvorexant's potential to cause next-day sleepiness and impaired driving.
May 22- Delta Air Lines is letting a wave of orders for the newest planes on the market roll by, giving the jets time to prove themselves before buying, its chief executive told Reuters on Wednesday.
*Ford to end Australia production by 2016- reports. CANBERRA, May 23- Ford Motor Co is set to announce it is closing its two Australian auto plants and will cease production in the country by 2016 as it struggles with sliding sales, high costs and a strong Australian dollar, local media reported on Thursday.
May 22- General Motors Co is recalling worldwide more than 27,000 Cadillac crossover vehicles whose wheels could fall off due to potentially loose wheel nuts. GM said on Wednesday it knows of no crashes or injuries due to the issue and that no wheels have separated from the sport utility vehicles built on car-based platforms.
WASHINGTON, May 22- The House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada- to- Nebraska leg of the Keystone XL oil pipeline, a move that would take a decision on the project away from the Obama administration.
May 22- Mitsubishi Motors Corp is taking steps toward resuming dividend payments after nearly a decade-long turnaround bankrolled by other Mitsubishi group companies, according to people with direct knowledge of the plans.
WASHINGTON/ NEW YORK, May 22- Dish Network Corp is ramping up its Washington- centric campaign to thwart Japanese firm SoftBank Corp's bid for Sprint Nextel Corp, hoping to convince lawmakers and government reviewers that it poses national security risks.
*Trade secret theft costs $300 billion, 2.1 million jobs. WASHINGTON, May 22- Theft of trade secrets, chiefly by China, costs the U.S. economy $300 billion a year and must be fought with sanctions as tough as those used against terrorism and drug trafficking, an advisory panel said on Wednesday.
TOKYO, May 23- Japan's Nikkei average is expected to retreat from a 5-1/ 2- year high on Thursday after U.S.
WASHINGTON, May 22- The U.S. House of Representatives approved a bill on Wednesday declaring that a presidential permit was not needed to approve the Canada- to- Nebraska leg of the proposed Keystone XL oil pipeline. The Republican-controlled House voted 241-175 with support from some Democrats.
WASHINGTON, May 22- The White House threatened on Wednesday to veto a Republican bill to switch federal student loan interest rates to a market-based system, arguing the plan would create more uncertainty for students and families.
WASHINGTON, May 22- For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world.
The advisory panel was convened to help the FDA decide whether to approve the drug, suvorexant, which would be the first in a new class of sedatives designed to help people fall asleep and stay asleep.
SAN FRANCISCO, May 22- Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services.
*Texas firm wins NASA study contract. With support from NASA, the firm, Systems and Materials Research Corp of Austin, intends to design, build and test a food printer that can work in space. "The 3- D printing system will provide hot and quick food in addition to personalized nutrition, flavor and taste," the company wrote in its proposal to NASA.