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  • PHILADELPHIA— A university student detained at a U.S. airport for five hours in 2009 over Arabic language flashcards in his pocket that included the words "bomb" and "to kill" has won a $25,000 settlement from the Justice Department. The settlement with Nicholas George, now a Google programmer, also includes more training for police. George, then 21, was returning to...

  • SAN FRANCISCO— More than $300,000 in world-class wine stolen from a famed Napa Valley restaurant has been recovered from a private cellar on the other side of the country. The Yountville establishment is rated three stars in the Michelin guide and twice has been named the world's best by Restaurant Magazine. Still, those in the tight-knit Napa Valley wine...

  • Jan 23- McDonald's Corp warned on Friday that business will be weak in the first half of 2015 and it is cutting its annual construction budget to the lowest in more than five years as it opens fewer restaurants in struggling markets. It struggled to recover from a food scare in China that battered Asian sales and wrestled with economic weakness and political...

  • Online storage provider Box soars in Wall Street debut Friday, 23 Jan 2015 | 10:26 AM ET

    SAN FRANCISCO— Box's shares soared more than 70 percent in their stock market debut Friday despite the online storage provider's decade-long history of losses, a showing that may encourage more unprofitable technology startups to go public this year. The start on the New York Stock Exchange came after Box Inc. sold 12.5 million shares for $14 apiece in a...

  • DreamWorks is responsible for huge hits like "Shrek" and " Madagascar," but more recent films such as "Turbo" and "How to Train Your Dragon 2" have not done as well as anticipated. DreamWorks now plans to focus on one original film and one sequel each year. Wible said in a research note that investors see higher risk and little growth from the company's core film division...

  • Pacific Mercantile posts 4Q profit Friday, 23 Jan 2015 | 8:34 AM ET

    COSTA MESA, Calif. _ Pacific Mercantile Bancorp on Friday reported fourth-quarter net income of $390,000, after reporting a loss in the same period a year earlier. The Costa Mesa, California- based bank said it had earnings of 1 cent per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *Uber applies for radio taxi license in New Delhi. NEW DELHI, Jan 23- Uber, the U.S.-based online taxi-hailing company, has restarted services in India's capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted. Uber's app showed taxis available for booking in New Delhi on Friday.

  • *Was subject of al Qaeda assassination bid. RIYADH, Jan 23- Saudi Arabia's Interior Minister, Prince Mohammed bin Nayef, a close friend of the United States and a scourge of Islamist militants, will be the country's first king from the third generation of its ruling dynasty. By sending an assassin to try to kill Prince Mohammed when he was Saudi security chief in...

  • LOS ANGELES— George Lucas has been toying around with "Strange Magic" for almost 15 years. The animated musical fantasy about a fairy kingdom and true love, in theaters Friday, began as a pet project while he was working on the "Star Wars" prequels. "The problem is the mind of George Lucas is not that big," said Lucas.

  • DAVOS, Switzerland, Jan 23- Jack Ma, executive chairman of Chinese e-commerce giant Alibaba Group Holding, isn't worried about slowing Chinese economic growth, he told a meeting of business and political leaders in Davos, Switzerland. China should pay attention to the quality of the economy, "he said in a question-and-answer session at the World Economic Forum.

  • *Was subject of al Qaeda assassination bid. RIYADH, Jan 23- Saudi Arabia's Interior Minister, Prince Mohammed bin Nayef, a close friend of the United States and a scourge of Islamist militants, will be the country's first king from the third generation of its ruling dynasty. By sending an assassin to try to kill Prince Mohammed when he was Saudi security chief in...

  • *Application follows tie-up in Korea, CEO job-creation promise. NEW DELHI, Jan 23- U.S. taxi-hailing app maker Uber Technologies Inc has restarted services in India's capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted. The service restoration comes as Uber works to counter...

  • TOKYO, Jan 23- Sony Corp said it was delaying the official submission of its third-quarter results due to the massive cyberattack on Sony Pictures Entertainment, which debilitated network systems at the Hollywood studio. Sony said it will still hold a news conference on Feb. 4, the originally scheduled date of its results announcement, to give updated financial...

  • NEW YORK— A batch of mixed earnings reports Friday helped push the stock market to its first day of losses this week. Shares of tissue and diaper maker Kimberly-Clark dropped after the company's earnings fell short of expectations and it gave a disappointing outlook. "Our view is that the market is poised to have a reset to reflect what we think is a lower growth...

  • Hazy skies will serve as the backdrop to meetings with Indian Prime Minister Narendra Modi and other officials who are expected to discuss India's biggest environmental woes: Heavy reliance on fossil fuels that has transformed New Delhi into the planet's most polluted capital and made India the third biggest national emitter of greenhouse gases.

  • The U.S. Chemical Safety Board says in a final draft report released Thursday the fire that stemmed from a corroded pipe at Chevron's Richmond refinery was magnified by the inadequate response by company emergency crews. The San Jose Mercury News reports investigators listed in a 132- page report a series of missteps by the refinery that led to the blaze.

  • LOS ANGELES— Negotiators trying to resolve labor strife at West Coast seaports took Thursday off, as thousands of dockworkers rallied against employers they say are trying to exploit a crisis of cargo congestion at harbors that handle about $1 trillion worth of goods annually. Port police estimated that 6,000 people took part in the rally in Los Angeles and...

  • SAN FRANCISCO— Online storage provider Box has wrapped up its long-delayed IPO at $14 per share, setting up a test of investors' appetite for a rapidly growing technology company that hasn't proven it can make money. The terms reached late Thursday topped a target range of $11 to $13 per share pegged by Box's bankers last week. Since then, Box continued to lose money...

  • WASHINGTON— U.S. home rental prices continued to climb at a modest pace in December, but rapidly escalating costs in cities such as San Francisco and Denver suggest that apartment dwellers are facing more financial pressure. Prices rose 3.3 percent in December compared with 12 months earlier, real estate data firm Zillow said Friday. Rental prices have risen 52...

  • Box wraps up IPO at $14 per share to raise $175 million Thursday, 22 Jan 2015 | 7:58 PM ET

    SAN FRANCISCO— Online storage provider Box has wrapped up its long-delayed IPO at $14 per share, setting up a test of investors' appetite for a rapidly growing technology company that hasn't proven it can make money. The terms reached late Thursday topped a target range of $11 to $13 per share pegged by Box's bankers last week. Since then, Box continued to lose money...