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Secretary of State John Kerry said Thursday that the United States and China had a frank exchange on the issue of cyberhacking during this week's "Strategic and Economic Dialogue" in Beijing. He made no mention of a New York Times report suggesting significant Chinese hacking of information about U.S. government personnel.
John Campbell, the Army's vice chief of staff, appeared last year at a budget hearing on Capitol Hill, he cited his son's experiences as a soldier in Afghanistan to answer a senator's tough questions about a troubled intelligence technology system.
Commerzbank may pay between $600 and $800 million to resolve investigations into its dealings with countries under U.S. sanctions, sources said.
OAKLAND, Calif.— A Northern California chemical engineer is facing more than 20 years in prison for a rare economic-espionage conviction for selling to China the technology that creates a white pigment.
BEIJING, July 10- China will reduce its intervention in the currency market, Central Bank Governor Zhou Xiaochuan said on Wednesday, striking a conciliatory note in public about the yuan's value as he promised to free the interest rate market as planned.
With Democrats controlling the Senate since the 2008 financial crisis, the bank and its supporters have had the luxury of shrugging off Fed-related laws from the Republican-controlled House of Representatives.
A top holding in the $710 million Ivy Emerging Markets Equity Fund, the best performing diversified emerging market fund over the last five years, is Las Vegas Sands Corp, the U.S.-based casino operator that generates most of its revenue in Macao.
ATLANTIC CITY, N.J., July 10- After 19 years working as a cook at Atlantic City's Showboat Casino, Dave Rose is counting the weeks until he and about 2,000 fellow workers lose their jobs when the casino is shuttered at the end of the summer.
*ShFE copper premiums jump $10 to $135- $150. SYDNEY, July 10- London copper was steady on Thursday and aluminium held near a 13- month peak, as shrinking supply underpins metal prices and investors return to the beaten down asset class on brightening prospects for demand.
SAN FRANCISCO, July 9- Apple Inc acknowledged on Wednesday it needs to address manufacturing partners' carbon emissions and its own rising water consumption, though the iPhone maker said it had cut back sharply on greenhouse gas output.
TOKYO, July 10- U.S. crude oil fell below $102 on Thursday, to trade at its lowest level in more than a month, on wavering demand for gasoline and projections for rising supplies from OPEC member Libya. *U.S. crude futures for August delivery fell 32 cents to $101.97 a barrel by 0002 GMT, after earlier trading as low as $101.72- the lowest level since June 5.
The new index will be composed of companies with a female chief executive officer or women making up at least one-fourth of the board of directors, Barclays said on Wednesday in a statement. In connection with the launch, Barclays executives will ring the opening bell of the New York Stock Exchange on Thursday.
CAMBRIDGE, United States- Federal Reserve Vice Chair Stanley Fischer speaks on "Financial Sector Reform" before a Martin Feldstein Lecture event hosted by the National Bureau of Economic Research in Cambridge- 2030 GMT.
NEW YORK, July 9- German lender Commerzbank AG is expected to pay between $600 million and $800 million to resolve investigations into its dealings with Iran and other countries under U.S. sanctions, sources familiar with the matter said.
DENVER— Colorado is smoking pot by the ton, and visitors are, too. Colorado's pot regulators issued what is believed to be the world's first post-legalization market study for the weed on Wednesday. The study estimated that total market demand for marijuana in Colorado is about 130 metric tons a year.
Fitch said Wednesday that the downgrades are a result of a newly approved law that allows certain public corporations in Puerto Rico to restructure their debt if needed. The announcement comes more than a week after Moody's said it was downgrading $14.4 billion worth of outstanding Puerto Rico general obligation bonds.
NEW YORK, July 9- The battleground between Argentina and its holdout creditors shifted from U.S. courts to the court of public opinion as both sides took out full-page advertisements to argue their cases in the world's major newspapers.
The decision was a victory for traditional broadcasters, such as CBS Corp, Comcast Corp's NBC, Walt Disney Co's ABC, and Twenty-First Century Fox Inc's Fox. CBS argued in a joint filing on Wednesday that the case should be dismissed in light of the Supreme Court ruling, but Aereo disagreed.
NEW YORK, July 9- BNP Paribas, for the second time in nine days, pleaded guilty on Wednesday to conspiring to violate U.S. sanctions, as part of a nearly $9 billion settlement in which the French bank admitted to breaking embargoes against Sudan, Cuba and Iran. District Judge Lorna Schofield accepted the plea at a hearing in Manhattan federal court.
WASHINGTON, July 9- Members of a U.S. House of Representatives panel disagreed on Wednesday on elements of a bill to rein in companies that demand licensing fees for invalid patents or are otherwise dishonest in writing what are known as "demand letters."