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  • SAN FRANCISCO— The first set of lawsuits stemming from the crash of an Asiana Airlines flight in San Francisco two years ago have been settled, but dozens of additional cases remain after the accident that killed three Chinese teenagers and injured nearly 200 people. The settlement with 72 passengers who filed personal injury claims includes the airline...

  • SAN FRANCISCO— More than 70 passengers aboard an Asiana Airlines flight that crashed in San Francisco two years ago have reached a settlement in their lawsuits against the airline, attorneys for the passengers and airline said in a court filing Tuesday. The settlement with 72 passengers who filed personal injury claims also includes Boeing Co., which made the...

  • March 3- The operating unit of casino company Caesars Entertainment Corp unveiled its plan to cut $10 billion of debt and to exit Chapter 11 in a late Monday filing with a U.S. Bankruptcy Court. Bankruptcy Judge Benjamin Goldgar in Chicago and creditors, a process that can easily take a year. The plan was filed on Monday when the parent company Caesars...

  • Caesars' operating unit files bankruptcy exit plan Tuesday, 3 Mar 2015 | 12:20 PM ET

    March 3- The operating unit of casino company Caesars Entertainment Corp unveiled its plan to cut $10 billion of debt and to exit Chapter 11 in a late Monday filing with a U.S. Bankruptcy Court. Bankruptcy Judge Benjamin Goldgar in Chicago and creditors, a process that can easily take a year or more. The plan was filed on Monday when the parent company Caesars...

  • Grain lower, livestock lower Tuesday, 3 Mar 2015 | 10:56 AM ET

    CHICAGO— Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for May delivery unchanged at $5.00 a bushel; May corn was 1.75 cents lower at $3.8625 a bushel; May oats were unchanged at $2.78 a bushel; while May soybeans lost 9.75 cents to $10.04 a bushel. April live cattle was. 85 cent lower at $1.5260 a pound; March feeder cattle was. 10...

  • EVANSVILLE, Ind.— Personal finance company Springleaf Holdings is buying Citigroup's OneMain Financial for $4.25 billion. The Citigroup subsidiary, originally founded as Commercial Credit, has about 5,600 employees. Citi said that it will use part of the proceeds from the sale to retire certain funding that currently supports Citi Holdings.

  • Best Buy same-store sales up 2 pct Tuesday, 3 Mar 2015 | 7:11 AM ET

    March 3- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported a 2 percent rise in quarterly same-store sales, helped by higher sales of large-screen televisions and mobile phones in the holiday shopping season. Net income attributable to Best Buy shareholders jumped to $519 million, or $1.46 per share, in the fourth quarter ended Jan. 31, from $293...

  • SINGAPORE/ PARIS, March 3- Chicago wheat traded little changed on Tuesday after posting its biggest daily loss in more than two months in the last session, pressured by a lack of demand for U.S. supplies as the dollar strengthens. "The concerns about frost damage in the U.S., which had driven up the price at the end of last week, appear to be dissipating again," Commerzbank...

  • CHICAGO, March 3- New technology about to be deployed by credit card companies will require U.S. consumers to carry a new kind of card and retailers across the nation to upgrade payment terminals. Anre Williams, president of global merchants services at American Express, cited cost and complexity as reasons for not issuing PIN numbers, which would require a much...

  • *Consumer spending falls 0.2 percent in January. WASHINGTON, March 2- U.S. consumer spending fell for a second straight month in January as households continued to cut back on purchases, opting to save much of the massive windfall from cheaper gasoline. All the gas savings are ending up at the bank rather than being spent, "Thomas Costerg, an economist at Standard...

  • *Speculation over Iran nuclear deal drove prices down earlier. Iranian Foreign Minister Mohammad Javad Zarif said a deal on Iran's nuclear programme could be concluded this week if the United States and other Western countries had sufficient political will and agreed to remove sanctions on Tehran. Iranian oil exports have been restricted by sanctions for...

  • *Speculation over Iran nuclear deal drove prices down earlier. Iranian Foreign Minister Mohammad Javad Zarif said a deal on Iran's nuclear programme could be concluded this week if the United States and other Western countries had sufficient political will and agreed to remove sanctions on Tehran. Iranian oil exports have been restricted by sanctions for...

  • *China rate cut lifts Asia equities, gold. Wall Street kicked off March on a high note after a stellar February, when the benchmark S&P 500 Index registered its best monthly gain since October 2011. Asian stocks ended higher after China cut interest rates over the weekend, but European equities slipped from seven-year highs hit on merger activity in the telecom...

  • Grain lowe, livestock higher Monday, 2 Mar 2015 | 10:53 AM ET

    CHICAGO— Grain futures were mostly higher Monday in early trading on the Chicago Board of Trade. Wheat for May delivery unchanged at $5.13 a bushel; May corn was 2.50 cents lower at $3.9075 a bushel; May oats were unchanged at $2.7825 a bushel; while May soybeans gained. 75 cents to $10.3250 a bushel. April live cattle was 1.85 cents higher at $1.5355 a pound; March...

  • NEW YORK— Veronica Roth fans can start the countdown. The "Divergent" author is set to write a new two-book series, HarperCollins Children's Books told The Associated Press on Monday. "Divergent," a Dystopian trilogy Roth completed in 2013, has sold more than 30 million copies and along with Suzanne Collins' "The Hunger Games" and John Green's books helped perpetuate...

  • The scopes were linked to the exposure of 179 patients to drug-resistant bacteria at UCLA's Ronald Reagan Medical Center in Los Angeles and may have contributed to two deaths. In early 2014, following a superbug outbreak at a hospital in Illinois, the FDA asked Fujifilm Holdings Corp, Olympus Corp and Pentax, which make the devices, to submit their test results...

  • CHICAGO— U.S. parents have increasingly pressured doctors to delay vaccines for young children, making their kids and others vulnerable to preventable diseases, a study suggests. The researchers surveyed 534 doctors by email or regular mail in 2012. Participants were doctors who are members of the American Academy of Pediatrics and the American Academy of...

  • KIEV, Ukraine— War-torn Ukraine is a long way from Wood Dale, Illinois. "I don't see myself as a politician," she told The Associated Press at her office in the Ukrainian capital, Kiev. Corruption is endemic throughout Ukraine.

  • Moody's downgrades Chicago's rating over pensions Saturday, 28 Feb 2015 | 10:41 AM ET

    CHICAGO— Moody's Investors Service has downgraded Chicago's credit rating to two levels above junk status, citing the city's $20 billion mountain of unfunded pension liabilities. "Regardless of outcome of the legal challenges to pension reforms, we expect Chicago's unfunded pension liabilities— and the costs of servicing those liabilities— to continue to...

  • SAO PAULO, Feb 27- Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had no plans to end their stoppage now in its 10th day. Brazil is the world's No. 2 soy producer and a top global supplier. Silos at Paranagua, Brazil's second-largest soy export port, now...