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  • WASHINGTON, Aug 29- U.S. consumer spending fell in July for the first time in six months, but confidence among households hit a seven-year high in August, suggesting the retrenchment would be temporary.

  • Business events scheduled for the coming month Friday, 29 Aug 2014 | 12:39 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Business events scheduled for the coming week Friday, 29 Aug 2014 | 12:15 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • WASHINGTON, Aug 29- With plans for a T-Mobile US Inc merger in tatters, Sprint Corp is expanding a roaming program with rural cellphone companies that could provide a much-needed way for the debt-laden wireless carrier to cheaply increase its footprint.

  • Hershey takes wraps off new corporate logo Friday, 29 Aug 2014 | 11:59 AM ET

    HERSHEY, Pa.— The Hershey Company is rolling out a new corporate logo that features a freshly stylized version of one of its most famous chocolate products. Ron Burrage, the company's senior global design director, says the goal is to help people "clearly identify, this is from The Hershey Company."

  • Aug 29- A federal appeals court on Friday rejected Oracle Corp's bid to restore a $1.3 billion jury verdict in its long-running copyright dispute with German software company SAP SE, and said Oracle may choose to either accept a lower amount or face a new trial.

  • '99 Homes' brings US subprime crisis to Venice Friday, 29 Aug 2014 | 11:31 AM ET

    VENICE, Italy— Florida's realtors and tourism authorities will probably not be using "99 Homes" in their promotional material. The Sunshine State looks pretty shady in Ramin Bahrani's Orlando- set drama, one of 20 films competing for prizes at the Venice Film Festival.

  • *Wall Street mixed, even after mostly strong economic reports. NEW YORK, Aug 29- Global equity markets wavered and German bond yields edged up from record lows on Friday after euro zone inflation was seen as still not dire enough to drive the European Central Bank to ease monetary policy next week, as many investors have anticipated.

  • WASHINGTON, Aug 29- U.S. consumer spending fell in July for the first time in six months, but a rise in confidence among households in August to a seven-year high suggested the retrenchment was likely temporary.

  • *Bank of Canada had forecast growth of 2.5 pct; market +2.7 pct. OTTAWA, Aug 29- Strong consumer spending and a jump in exports helped the Canadian economy bounce back from a weather-restrained first quarter, with annualized growth of 3.1 percent in the second quarter after a downwardly revised 0.9 percent in the first.

  • Disputed Kurdish oil tanker goes dark near Texas Friday, 29 Aug 2014 | 11:09 AM ET
    A still image from video taken by a U.S. Coast Guard HC-144 Ocean Sentry aircraft shows the oil tanker United Kalavyrta (also known as the United Kalavrvta), which is carrying a cargo of Kurdish crude oil, approaching Galveston, Texas July 25, 2014.

    The missing tank—filled with $100 million of disputed oil—is the latest development in a risky game of cat-and-mouse between Baghdad and the Kurds.

  • Fiat-Chrysler stock should be on market soon Friday, 29 Aug 2014 | 11:07 AM ET

    DETROIT— U.S. investors should soon be able to buy stock in Chrysler for the first time in seven years. The combined company would move its tax headquarters to London and list its shares on the New York Stock Exchange. Fiat SpA will announce the final tally by Sept. 4.

  • Duke halting coal burning at Ohio plant Friday, 29 Aug 2014 | 11:04 AM ET

    NEW RICHMOND, Ohio— A utility says it will stop burning coal at a southwest Ohio power plant that was the site of a recent oil spill into the Ohio River. Charlotte, North Carolina- based Duke Energy says it will retire the last two coal-fired units Sept. 1 at the New Richmond, Ohio, plant.

  • Aug 29- A federal appeals court on Friday said Oracle Corp must face a second trial with SAP in a case where the European software company admitted massive copyright infringement, unless Oracle is willing to accept $356.7 million of damages.

  • Grain lower, livestock mixed Friday, 29 Aug 2014 | 11:00 AM ET

    CHICAGO— Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.7175 a bushel; Dec corn was 2 cents lower at $3.6725 a bushel; Dec oats were unchanged at $3.41 a bushel; while Nov soybeans lost 6.75 cents to $10.22 a bushel.

  • US consumer sentiment improves a bit in August Friday, 29 Aug 2014 | 10:56 AM ET

    WASHINGTON— U.S. consumer sentiment ticked up in August, driven by greater optimism about jobs, rising incomes, and increasing wealth. The University of Michigan said Friday its index of consumer sentiment rose to 82.5 from 81.8 in July. The Michigan index has fluctuated between 80 and 82.5 since December.

  • LONDON, Aug 29- Doubts about the sustainability of the North American oil and gas boom center on rapidly declining output from many shale wells after they are initially drilled.

  • NEW YORK, Aug 29- The dollar changed little on Friday, with traders shrugging off data signaling soft U.S. consumer spending, while the steadily sliding euro won a reprieve on diminished expectations that the European Central Bank would ease monetary policy as early as next week.

  • Early Glance: Chemicals companies Friday, 29 Aug 2014 | 10:31 AM ET

    NEW YORK— Shares of some top chemicals companies are down at 10 a.m.:. Dow Chemical Co. fell$. 06 or. 1 percent, to $53.58. DuPont Co. fell$. 04 or. 1 percent, to $66.11.

  • Early Glance: Medical Devices companies Friday, 29 Aug 2014 | 10:31 AM ET

    Allergan fell$. 02 or percent, to $162.09. Boston Scientific Corp. rose$. 16 or 1.3 percent, to $12.51. Medtronic rose$. 16 or. 3 percent, to $63.28.