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  • SAN FRANCISCO, Aug 29- Chipmaker Intel Corp has hired Amir Faintuch, a senior executive at Qualcomm Inc, to co-manage the development of the company's chips, an Intel spokesman said on Friday.

  • Scottsdale, Arizona- based Store Capital buys real estate from large tenants, such as chain restaurants, supermarkets and health clubs, and leases the properties back to the tenants. Reuters reported in July that Store Capital had hired banks to explore a potential offering that could raise $300 million to $500 million and value the company at about $2 billion.

  • US rig count up 18 to 1,914 Friday, 29 Aug 2014 | 3:51 PM ET

    Of the major oil- and gas-producing states, Texas gained 12 rigs, Pennsylvania gained five, Oklahoma gained four and Colorado and Alaska each gained one. Kansas lost three rigs and Arkansas, Ohio and West Virginia each lost one. California, Louisiana, New Mexico, North Dakota, Utah and Wyoming were unchanged.

  • Startups offer banking for smartphone users Friday, 29 Aug 2014 | 3:38 PM ET

    NEW YORK— The latest banks are small enough to fit in the palm of your hand. Startups, such as Moven and Simple, offer banking that's designed specifically for smartphones, enabling users to track their spending on the go. Like traditional banks, customers open a checking account, get a debit card and are able to make check deposits and pay their bills.

  • Feds critical of California twin tunnel project Friday, 29 Aug 2014 | 2:39 PM ET

    FRESNO, Calif.— A pair of giant water diversion tunnels proposed for the Sacramento-San Joaquin Delta could violate the federal Clean Water Act and increase harm to endangered fish species, according to the U.S. Environmental Protection Agency, which released its formal comment on the project Thursday.

  • Court won't restore Oracle's $1.3B verdict vs. SAP Friday, 29 Aug 2014 | 2:37 PM ET

    SAN FRANCISCO— A federal appeals court is refusing Oracle Corp.' s request to reinstate a $1.3 billion verdict it won against German rival SAP SE in a long-running copyright dispute. The appeals court gave Oracle a choice between an award of $356.7 million or a new trial.

  • Experimental Ebola drug heals all monkeys in study Friday, 29 Aug 2014 | 1:03 PM ET

    An experimental Ebola drug healed all 18 monkeys infected with the deadly virus in a study, boosting hopes that the treatment might help fight the outbreak raging through West Africa— once more of it can be made. "The level of improvement was utterly beyond my honest expectation," said one study leader, Gary Kobinger of the Public Health Agency of Canada in Winnipeg.

  • The success is therefore a "monumental achievement," virologist Thomas Geisbert of the University of Texas Medical Branch wrote in a commentary on the paper, published online in Nature.

  • 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.

  • US official airs 'myths' on Colorado River water Friday, 29 Aug 2014 | 11:43 AM ET

    LAS VEGAS— A top federal water administrator said Friday that several myths stand in the way of broad agreements needed to deal with increasing demand for water in the drought-stricken and over-allocated Colorado River basin.

  • HIV case spurs call for porn production moratorium Friday, 29 Aug 2014 | 10:29 AM ET

    LOS ANGELES— The advocacy group for the adult film industry has called for an industrywide production moratorium after a performer tested positive for HIV. The Free Speech Coalition called for the moratorium Thursday.

  • Nintendo launching 'amiibo' with 12 characters Friday, 29 Aug 2014 | 8:32 AM ET

    Nintendo announced Friday that 12 characters will initially be part of its upcoming toy-game franchise set for release later this year.

  • Group trips across Grand Canyon will need permit Friday, 29 Aug 2014 | 7:20 AM ET

    FLAGSTAFF, Ariz.— Groups of hikers and runners who want to do grueling excursions across the Grand Canyon will soon need a permit— a move officials say will cut back on overcrowding, litter and safety issues at the popular tourist attraction in Arizona.

  • Tesla, Chinese firm plan 400 charging stations Friday, 29 Aug 2014 | 4:22 AM ET

    BEIJING— Tesla Motors Co. and a state-owned Chinese phone carrier announced plans Friday to build 400 charging stations for electric cars in a new bid to promote popular adoption of the technology in China. Promoters of electric cars see China as a promising market due to Beijing's support for the technology and eagerness to reduce smog.

  • Aug 29- Apple Inc is working with Dutch chipmaker NXP Semiconductors NV to add secure near-field communications technology into the next iPhone, which would enable the smartphone users to pay by touch, the Financial Times reported, citing people familiar with Apple's plans.

  • Aug 29- Apple Inc is working with Dutch chipmaker NXP Semiconductors NV to add secure near-field communications technology into the next iPhone, which would enable the smartphone users to pay by touch, the Financial Times reported, citing people familiar with Apple's plans.

  • UPDATE 1-Google tests airborne drones to deliver goods Thursday, 28 Aug 2014 | 8:45 PM ET

    SAN FRANCISCO, Aug 28- Google Inc is developing airborne drones capable of flying on their own and delivering anything from candy to medicine, the Internet company said on Thursday.

  • Google building fleet of package-delivering drones Thursday, 28 Aug 2014 | 7:08 PM ET

    SAN FRANCISCO— Google's secretive research laboratory is trying to build a fleet of drones designed to bypass earthbound traffic so packages can be delivered to people more quickly.

  • Aug 28- Longtime Google Inc executive Megan Smith is a top candidate for the role of United States' chief technology officer, Bloomberg reported on Thursday, citing people familiar with the matter.

  • Business Highlights Thursday, 28 Aug 2014 | 5:57 PM ET

    NEW YORK— Imagine using your phone to snap a photo of the cool pair of sunglasses your friend is wearing and instantly receiving a slew of information about the shades along with a link to order them.