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  • SAN JUAN, Puerto Rico— Puerto Rico is preparing to welcome the world's two largest cruise ships for the first time next year. The executive director of the island's Tourism Company says Royal Caribbean's Allure of the Seas and Oasis of the Seas will bring an estimated 60,000 passengers to San Juan in 2016. Next year's visits are expected to generate an estimated...

  • NEW YORK— Microsoft says it will push its U.S. suppliers to give their employees doing work for the technology company paid time off. Microsoft's suppliers provide a range of services, such as maintenance and security. Microsoft says suppliers with 50 or more employees will be asked to provide at least 15 days of paid time off, but only to employees that mainly work...

  • CAMBRIDGE, Mass.— A Massachusetts Institute of Technology aviation analyst says U.S. flight regulations make it unlikely that a single jetliner pilot could barricade himself or herself inside the cockpit. MIT expert John Hansman tells The Associated Press that U.S. safety procedures require two people in an airliner's cockpit at all times.

  • ATLANTA— In the political uproar over Common Core, various myths are peddled as fact. Rand Paul slams "rotten to the core" propaganda forced on children by an initiative that has no curriculum at all. Even so, the 2016 GOP presidential prospects who are criticizing Common Core have a point— if an overstated one— when they dispute the notion that it is strictly a...

  • NEW YORK— Orexigen Therapeutics said Thursday that European Union regulators approved its weight loss drug for sale. Shares of Orexigen Therapeutics Inc. were up 18 cents, or 2.6 percent, to $7.10 in afternoon trading after rising to $7.47 earlier in the day. Orexigen's partner Takeda Pharmaceuticals handles marketing of Contrave and pays royalties to...

  • *Iran denounces strikes, Russia calls for "immediate ceasefire". NEW YORK, March 26- Oil jumped about 5 percent on Thursday, rallying a second straight day, after air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears of a bigger Middle East battle that could disrupt world crude supplies. Pakistan, a Riyadh ally far away from the conflict, promised a "...

  • Bankruptcy hearing could decide fate of RadioShack Thursday, 26 Mar 2015 | 3:07 PM ET

    WILMINGTON, Del.— An attorney for a lender that lost a bankruptcy auction for electronics retailer RadioShack has asked a Delaware judge to reopen the bidding. RadioShack says an offer of about $160 million from hedge fund Standard General LP was the best bid submitted this week. Salus Capital Partners, which is owed about $150 million, says it is willing to pay...

  • NEW YORK— Conditions were nearly perfect for municipal bonds last year, leading to sizeable returns. Perfection never lasts, though, and managers of municipal-bond funds are forecasting more modest returns in upcoming years. "Definitely manage those expectations," says Diederik Olijslager, who co-manages the $3.9 billion USAA Tax Exempt Intermediate-Term...

  • NEW YORK, March 26- Leon Cooperman's Omega Advisors Inc told clients earlier this week that it has been subpoenaed by federal prosecutors and regulators seeking information about its trading activities in certain securities, according to a letter seen by Reuters on Thursday. Attorney's office in New Jersey and the U.S. Securities and Exchange Commission.

  • NEW YORK/ LONDON, March 26- Gold pared gains after hitting a 3-1/ 2- week high on Thursday, after a knee-jerk reaction to escalating tensions in the Middle East knocked stocks and drove investors into assets viewed as lower-risk, such as bullion and German bonds. Stock markets worldwide were knocked lower and oil prices jumped after Saudi Arabia and its allies...

  • WILMINGTON, Del., March 26- RadioShack Corp's rescue deal to keep 1,740 stores open was attacked on Thursday by the bankrupt retailer's top creditor, a failed bidder who called the auction a sham and sought a new sale. RadioShack, which filed for bankruptcy last month, told a U.S. An attorney for Salus Capital Partners, which is owed $150 million and is RadioShack's...

  • BUCKEYE LAKE, Ohio— J-me Braig smiles fondly as she talks about the six generations of her family that have loved Buckeye Lake. About 370 homes are built into the roughly 180- year-old central Ohio dam, which is mostly edged by a masonry wall and vertical metal plates that catch the waves in the recreational reservoir. In the few steps from Braig's porch to the...

  • Business events scheduled for the coming week Thursday, 26 Mar 2015 | 2:41 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for February, 8:30 a.m.; National Association of Realtors releases pending home sales index for February, 10 a.m.. WASHINGTON— Institute for Supply Management releases its manufacturing index for March, 10 a.m.; Commerce Department releases construction spending for February, 10 a.m..

  • TREASURIES-Weak seven-year auction sends yields higher Thursday, 26 Mar 2015 | 2:40 PM ET

    NEW YORK, March 26- U.S. Treasury prices fell and benchmark 10- year note yields rose above 2 percent on Thursday after the government saw tepid demand for a $29 billion sale of seven-year notes, a day after a weak five-year note auction. "This is the 10th of the last 11 that has stopped with a similar tail.... seven-year note auctions in general haven't been going...

  • TORONTO— Canada's transport minister issued an immediate order requiring two crew members to be in the flight deck at all times in the wake of news that a co-pilot of the Germanwings jet barricaded himself in the cockpit and intentionally rammed the plane into the French Alps. Transport Minister Lisa Raitt said Thursday that the government is also reviewing...

  • But a U.S. regulator cited the email as evidence that Nomura Holdings Inc and RBS made false statements about mortgage securities they sold to Fannie Mae and Freddie Mac. The FHFA's case is the first to reach trial out of 18 lawsuits the regulator filed in 2011 over some $200 billion in mortgage-backed securities that various banks sold Fannie Mae and Freddie...

  • Business events scheduled for Friday Thursday, 26 Mar 2015 | 2:24 PM ET

    Major business and economic events scheduled for Friday:. WASHINGTON— Commerce Department releases fourth-quarter gross domestic product, 8:30 a.m. Eastern. TOKYO— Japan releases its February economic data.

  • WASHINGTON— The maker of medical scopes that have been linked to two recent "superbug" outbreaks at California hospitals has issued new cleaning instructions for the devices amid scrutiny from regulators, lawmakers and medical professionals. Olympus plans to send the new brush to hospital customers by May 8. The company's scopes were linked to infections of...

  • Midday Glance: Credit Card companies Thursday, 26 Mar 2015 | 2:20 PM ET

    American Express Co. fell $1.42 or 1.8 percent, to $78.69. Capital One Financial Corp. fell$. 26 or. 3 percent, to $78.58. Discover Financial Services fell$. 09 or. 2 percent, to $57.05.

  • Midday Glance: Specialty Retail companies Thursday, 26 Mar 2015 | 2:20 PM ET

    Autozone Inc. fell $1.31 or. 2 percent, to $659.41. Bed Bath& Beyond Inc. fell$. 81 or 1.1 percent, to $74.21. Best Buy fell$. 61 or 1.5 percent, to $38.82.