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  • And that kind of colored the statement more hawkish for the Fed, "said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama. The Nasdaq biotech index dropped 3.2 percent, led by a 3.9 percent fall in Celgene, which reported lower-than-expected quarterly revenue. The company limited the availability of the Apple Watch after a key...

  • April 29- Cliffs Natural Resources Inc, which is struggling to cope with oversupply in the iron ore market, blamed industry leaders BHP Billiton Ltd, Rio Tinto Plc and Vale SA for weak prices of the commodity. But Wolfe Research analyst Gordon Johnson said "the idea that someone is going to buy coal assets from Cliffs is highly unlikely," noting that the company has...

  • District Judge Katherine Forrest in Manhattan said the claims raised against Nasdaq, Intercontinental Exchange Inc's New York Stock Exchange, BATS Exchange and other exchanges must be reviewed first by the U.S. Securities and Exchange Commission, not the courts. Forrest, however, said Congress created a "comprehensive federal regulatory scheme" empowering...

  • Officials with the U.S. Department of Agriculture's Animal and Plant Health Inspection Service told Reuters the H5N2 virus- along with two other highly pathogenic strains of bird flu- will likely be passed among birds at breeding grounds in the northern United States and Canada through the summer. The USDA statement marks a shift in tone in the agency's...

  • CHICAGO, April 27- Initial tests have found probable avian influenza outbreaks at five new commercial poultry sites in Iowa, affecting more than 6 million birds, the state's agriculture department and the U.S. Department of Agriculture said on Monday. "This is a big deal," Iowa Secretary of Agriculture Bill Northey said during a conference call on Monday.

  • *Netflix and Philip Morris rally after results. April 16- U.S. stocks were mixed on Thursday afternoon as soaring Wall Street debuts by online retailer Etsy and trading firm Virtu offset lingering worries about upcoming corporate earnings reports. "Between Etsy, Virtu and Netflix, that's helping prop the market up, keeping people excited," said Mike Binger, a...

  • *Netflix rallies after results, SanDisk lower. *Etsy shares almost double in IPO. While shares of Netflix surged following blockbuster results, limiting losses on the S&P 500 and Nasdaq, shares of SanDisk slumped following a weak revenue outlook that added to concerns about the pace of top-line improvement.

  • April 8- A retired U.S. Army colonel has agreed to plead guilty to negotiating a job with financier Lynn Tilton's private equity firm while also taking steps to ensure a helicopter company that did business with the Department of Defense got paid faster. Court papers do not identify by name the helicopter company, MD Helicopters in Mesa, Arizona, or Patriarch...

  • NEW YORK, April 6- The International Association of Machinists and Aerospace Workers said on Monday it had temporarily withdrawn its application to organize flight attendants at Delta Air Lines. The IAM also is seeking to organize workers at Boeing Co facilities in South Carolina and Airbus Group NV facilities in Alabama. A vote by Boeing workers is set for...

  • NEW YORK, April 6- The International Association of Machinists and Aerospace Workers said on Monday it had temporarily withdrawn its application to organize flight attendants at Delta Air Lines. The union also is seeking to organize workers at Boeing Co facilities in South Carolina and Airbus Group NV facilities in Alabama. A vote by Boeing workers is set for...

  • March 31- John Malone-backed Charter Communications Inc said it would buy Bright House Networks in a $10.4 billion deal as it expands its cable network after losing out to Comcast Corp in a fight for Time Warner Cable Inc.. Comcast's $45.2 billion offer for Time Warner Cable last year highlighted the changing landscape of the industry. "I think it is inevitable...

  • March 31- Cable television operator Charter Communications Inc said it would buy privately held Bright House Networks in a cash-and-stock deal valued at $10.4 billion to expand in Florida. Bright House has about 2 million video customers in central Florida, including Orlando and Tampa Bay as well as Alabama, Indiana, Michigan and California.

  • March 31- Cable television operator Charter Communications Inc said it would buy Bright House Networks in a cash-and-stock deal valued at $10.4 billion to expand in Florida. Charter's shares rose 9 percent in premarket trading on Tuesday after Reuters reported the deal earlier in the day. Bright House, controlled by the Newhouse family, has about 2 million...

  • *Measure spares doctors 21 percent pay cut if passes Senate vote. WASHINGTON/ NEW YORK, March 26- The U.S. House of Representatives on Thursday overwhelmingly approved a bill to permanently repair the formula for reimbursing Medicare physicians, marking a rare bipartisan achievement and sending the issue next to the Senate. The measure drafted and driven...

  • WASHINGTON/ BIRMINGHAM, March 26- A U.S. consumer financial watchdog on Thursday outlined plans to crack down on payday lending practices that leave borrowers with debt they cannot repay, and President Barack Obama touted the move as a contrast with Republican polices. Obama told an audience at a community college in Birmingham, Alabama, that the U.S. Consumer...

  • WASHINGTON, March 26- The U.S. consumer financial watchdog on Thursday outlined its plans for cracking down on the payday lending industry and ensuring that borrowers can repay their loans. The framework unveiled by the U.S. Consumer Financial Protection Bureau was a key step toward new rules for various types of loans that regulators say trap borrowers in...

  • DETROIT, March 25- The United Auto Workers union on Wednesday said getting raises for workers at the Detroit automakers will be a top priority in contract talks this summer, but more jobs and production are shifting to U.S. plants without unions and Mexico. Earlier this week, General Motors Co said it would build a factory in Mexico to assemble a new generation of...

  • Rocket wars: Rivals battle for military launches Wednesday, 25 Mar 2015 | 11:56 AM ET
    Bill Hallman, ULA engineering manager

    ULA put the GPS satellites into space, and it handles all U.S. military and top-secret launches. That is about to change.

  • WASHINGTON, March 24- With defense and deficit hawks still eyeing each other warily over the federal budget, House Republican leaders predicted on Tuesday that their fractious caucus would close ranks and support a 10- year balanced-budget plan. Beginning on Wednesday, the House of Representatives was expected to begin voting on a range of differing budget...

  • WASHINGTON, March 24- With defense and deficit hawks still eyeing each other warily over the federal budget, House Republican leaders predicted on Tuesday that their fractious caucus would close ranks and support a 10- year balanced-budget plan. Beginning on Wednesday, the House of Representatives was expected to begin voting on a range of differing budget...