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  • The competition intensified as banks bet on robust demand for the currency for use in the Shanghai- Hong Kong stock connect scheme, a landmark link that gives foreign and Chinese retail investors unprecedented access to the two exchanges. "Some banks actively stored yuan funds in the past few months, but now they found demand for the currency was not as strong as...

  • Thanksgiving: Turkey, parades, shopping deals Thursday, 27 Nov 2014 | 1:11 AM ET

    NEW YORK— Turkey, stuffing and a helium-filled Thomas the Tank Engine were on the menu as friends and families gathered across the United States to celebrate Thanksgiving. Here's a look at how Americans prepared to celebrate Thanksgiving. "It's really cool, they're huge," said San Francisco resident Ella Missan.

  • DETROIT, Nov 26- The U.S. National Highway Traffic Safety Administration on Wednesday ordered Japanese air bag supplier Takata Corp to expand its regional recall of driver-side air bags to cover the entire United States. NHTSA gave Takata until Tuesday to declare that its air bag inflators are defective and issue a recall. Shares in Takata plunged as much as 7.9...

  • Colombians protest ban on ride-share company Uber Wednesday, 26 Nov 2014 | 5:32 PM ET

    BOGOTA, Colombia— Furious taxi drivers and loyal users of Uber are butting heads over Colombia's new ban on the ride-sharing company. Amid threats of a strike by yellow taxis who consider cars affiliated with Uber to be "pirates," the Transportation Ministry this week declared illegal all smartphone applications that facilitate the hiring of cabs that aren't...

  • FDA rejects Avanir's migraine drug-device Wednesday, 26 Nov 2014 | 5:30 PM ET

    Nov 26- The U.S. Food and Drug Administration rejected Avanir Pharmaceuticals Inc's migraine drug device, a few weeks after the regulator had raised questions regarding some data submitted as part of the marketing application. Earlier this month the FDA had asked Avanir to assess the root cause of errors observed in the data from the drugmaker's human factors...

  • Chinese woman denied own trial in seed-theft case Wednesday, 26 Nov 2014 | 4:24 PM ET

    DES MOINES, Iowa— A woman accused of conspiring to steal trade secrets from U.S. seed companies and send them to China, where she's married to the CEO of a large biotechnology firm, will be tried with another suspect despite her claims that she left the firm long before most of the alleged crimes, a federal judge ruled. Mo Yun, 42, and her brother are among seven people...

  • Twitter now tracks other apps you've installed Wednesday, 26 Nov 2014 | 4:20 PM ET

    NEW YORK— Twitter said it is now tracking what other apps its users have installed on their mobile devices so it can target content and ads to them better. Twitter Inc. said Wednesday that users will receive a notification when the setting is turned on and can opt out using settings on their phones. A recent Pew Research Center poll found that people sometimes have...

  • Nov 26- Bank Leumi Le Israel BM is close to a $400 million settlement with U.S. authorities following a probe into whether it helped Americans evade taxes, Bloomberg News reported, citing a person with knowledge of the matter. Israel's second-largest lender would pay about $270 million to the Justice Department and $130 million to New York's Department of...

  • INSIGHT-Behind Google's Europe woes, American accents Wednesday, 26 Nov 2014 | 1:19 PM ET

    *Google in firing line in Europe as lawmakers vote on break-up. BRUSSELS, Nov 26- When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an ageing Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants. Indeed, to many in Brussels it is Google's fellow Americans- such as Microsoft,...

  • The 7th U.S. Circuit Court of Appeals in Chicago said Motorola Mobility, a unit of Lenovo Group Ltd, could not invoke U.S. antitrust law because its foreign subsidiaries had been the "immediate victims" of a conspiracy to boost prices on liquid crystal display screens. The defendants include AU Optronics Corp, Chunghwa Picture Tubes Ltd, HannStar Display Corp, LG...

  • Netflix sues Yahoo CIO for alleged kickbacks Wednesday, 26 Nov 2014 | 1:04 PM ET

    NEW YORK— Netflix is suing a former company vice president who is now chief information officer at Yahoo, accusing him of receiving money from vendors he hired to work with the video streaming company. Netflix says it was not aware of the payments until after Kail left in August for Yahoo. Yahoo and Netflix Inc. declined to comment.

  • DETROIT, Nov 26- The U.S. National Highway Traffic Safety Administration on Wednesday ordered air bag supplier Takata Corp to expand its regional recall of driver-side air bags to cover the entire United States. NHTSA gave Takata until Tuesday to issue a recall. A letter from NHTSA to Takata Senior Vice President Kazuo Higuchi obtained by Reuters said Takata's...

  • Holiday travelers greeted by cheap gas, storms Wednesday, 26 Nov 2014 | 11:49 AM ET

    The 23- year-old Georgia man had a car full of passengers when he pulled over Wednesday to fill up his tank in Atlanta. He hoped to make it to Chattanooga, Tennessee, within a few hours to see his 9- year-old goddaughter, who is being treated at the Ronald McDonald House. One traffic jam aside, the low gas prices made the cost a bit easier, he said, though he laughed about...

  • US agency threatens to act against air bag maker Wednesday, 26 Nov 2014 | 11:38 AM ET

    DETROIT— A dispute between U.S. safety regulators and air bag maker Takata Corp. escalated Wednesday when the government threatened fines and legal action if the company fails to admit that driver's air bag inflators are defective and to agree to a nationwide recall. In a letter to Takata's Washington office, the National Highway Traffic Safety...

  • Japanese firm to build rail cars near Los Angeles Wednesday, 26 Nov 2014 | 11:11 AM ET

    The county Metropolitan Transportation Authority said at least 150 jobs will be created when Kinkisharyo International of Osaka retrofits an existing manufacturing facility in Palmdale. Two years ago, Kinkisharyo won an $890 million contract to build 175 rail cars for Metro and said it would move some manufacturing from Japan to Palmdale.

  • NEW YORK, Nov 26- LeapFrog Enterprises Inc, the maker of educational electronics for kids whose missed sales estimates have pushed its shares down 30 percent this year, is attracting some big-name value fund managers who are betting the company will either rebound during the holiday season or be bought by a rival. If the company's newest product, a video game...

  • WASHINGTON, Nov 26- The Obama administration on Wednesday proposed stricter curbs on ground-level ozone, a pollutant linked to several serious health conditions, in a move industry groups said would place a heavy burden on the U.S. economy. The Environmental Protection Agency said it would set National Ambient Air Quality Standard between 65 and 70 parts per...

  • Nov 26- Fairchild Semiconductor International Inc persuaded a federal judge to throw out a jury verdict ordering it to pay $105 million to Power Integrations Inc for willfully infringing two power generation patents, and will get a new trial on damages. But she said Power Integrations' damages expert testified at trial that he had not assessed what portion of...

  • Health insurance sign-ups coming to shopping malls Wednesday, 26 Nov 2014 | 10:35 AM ET

    The government's enrollment push with Westfield Shopping Centers will involve setting up outreach tables at malls in Florida, Illinois, New Jersey, Connecticut, Maryland, New York and Washington state. Separately, the California insurance marketplace, Covered California, will work with Westfield malls in that state. U.S. Department of Health and Human...

  • See Spot relax: Pet massage gaining popularity Wednesday, 26 Nov 2014 | 9:45 AM ET

    PHOENIX— Spa treatments don't stop with people. "People call me because their dogs are having problems," said Shelah Barr, a San Francisco dog massage therapist. Pet owners spent $4.4 billion last year on "other services," a category that includes grooming, training and services such as massage, according to the American Pet Products Association, which tracks...