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  • Nov 27- Wal-Mart Stores Inc said it has cut more than 20 mid-level jobs in China as part of its effort to lower costs in the world's second largest economy where it has been grappling with slower sales and tough price competition. Raymond Bracy, China- based spokesman for Wal-Mart, said the staff cuts were a "necessary business reality," adding the retailer would pay...

  • 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...

  • Nov 26- A federal appeals court on Wednesday rejected Motorola Mobility LLC's attempt to hold several Asian suppliers liable under U.S. antitrust law for fixing prices of mobile phone displays sold to its foreign units. The 7th U.S. Circuit Court of Appeals in Chicago, in an opinion by Circuit Judge Richard Posner, said Motorola Mobility, a unit of Lenovo Group Ltd,...

  • NEW YORK, Nov 26- Benchmark U.S. Treasury Trading at Barclays in New York. The Commerce Department said consumer spending increased 0.2 percent last month, while economists polled by Reuters had forecast a 0.3 percent gain, and also said non-defense capital goods orders excluding aircraft declined 1.3 percent last month.

  • Grain mostly lower, livestock mixed Wednesday, 26 Nov 2014 | 10:51 AM ET

    CHICAGO— Grain futures were mostly lower Wednesday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was 1.50 cents lower at $5.5625 a bushel; Mar corn was 2 cents higher at $3.8925 a bushel; Dec oats were unchanged at $2.99 a bushel; while Jan soybeans gained 10.00 cents to $10.41 a bushel. Feb live cattle was. 12 cent lower at $1.7090 pound; Jan...

  • 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...

  • Audit: Most BP oil spill claims handled correctly Wednesday, 26 Nov 2014 | 9:04 AM ET

    The audit, conducted by Chicago- based McGladrey LLP, concluded the program is "well-designed and appropriate" and made no major recommendations for improvement. That' is a significant accomplishment,' as stated by the... independent audit committee, "said Steve Herman and Jim Roy, lead attorneys for businesses and individuals who have filed claims against BP.

  • NEW YORK, Nov 25- U.S. Month-end buying of Treasury notes boosted demand at the Treasury's auction of $35 billion in five-year notes, analysts said. "It was a vote of confidence in U.S. bonds versus other sovereign fixed income instruments," said Tyler Tucci, Treasury strategist at RBS Securities in Stamford, Connecticut, on the strong bidding.

  • Grain mostly higher, livestock mixed Tuesday, 25 Nov 2014 | 11:00 AM ET

    CHICAGO— Grain futures were higher Tuesday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was unchanged at $5.4950 a bushel; Mar corn was 2 cents higher at $3.8225 a bushel; Dec oats were unchanged at $3.0550 a bushel; while Jan soybeans gained 14.25 cents to $10.48 a bushel. Feb live cattle was. 03 cent higher at $1.7005 pound; Jan feeder cattle...

  • *United Tech, energy stocks keep Dow flat. *Verizon down after Citi downgrade, AT&T follows. Also weighing on the Dow, United Technologies Corp fell 1.4 percent to $108.79.

  • *Market volatile as all await OPEC decision on cuts. NEW YORK, Nov 24- Crude prices ended lower, with Brent below $80 a barrel, after a volatile session on Monday as Russia's offer to add to OPEC output cuts led some to bet the group will agree on a higher production cut than thought when it meets this week. Russia, which needs higher oil prices to support its economy, tried...

  • NEW YORK, Nov 24- Ex-Goldman Sachs trader Jonathan Goldberg's oil fund is up nearly 15 percent on the year, an outlier in a market where some big names such as Astenbeck's Andy Hall are struggling to hold on to profits, industry sources said on Monday. Goldberg's New York- based BBL Commodities Value Fund, which manages almost $380 million, gained about 14 percent...

  • *Soybeans lower on bright South American crop prospects. *Wheat follows corn, soy lower. Soybeans and wheat also declined.

  • FAA chief: Disaster response depends on funding Monday, 24 Nov 2014 | 1:51 PM ET

    CHICAGO— The Federal Aviation Administration outlined steps Monday to improve its security and air traffic control backup systems following the sabotage of a suburban Chicago air traffic control center that disrupted travel nationwide— but said widespread upgrades will require money from Congress. That "inconvenienced passengers, reportedly cost the...

  • DETROIT, Nov 24- Detroit is eying a date between Dec. 8 and 10 for its debt adjustment plan to take effect, allowing the city to exit the biggest-ever municipal bankruptcy, an attorney said on Monday. Heather Lennox, Detroit's attorney with law firm Jones Day, told U.S. Bankruptcy Court Judge Steven Rhodes that the city expects to complete a budget that incorporates...

  • *Russia adds to speculation on OPEC, offering its own output cuts. NEW YORK, Nov 24- Crude prices pared Monday's early losses as traders and investors speculated OPEC producers might surprise with an cut output above what market players expect when the producer group meets this week. Russia, which needs higher oil prices to support its economy, tried on Monday to...

  • Grain lower, livestock mixed Monday, 24 Nov 2014 | 11:07 AM ET

    CHICAGO— Grain futures were mixed Monday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was unchanged at $5.3350 a bushel; Mar corn was 2.75 cents lower at $3.8250 a bushel; Dec oats were unchanged at $3.2675 a bushel; while Jan soybeans gained 7 cents to $10.32 a bushel. Feb live cattle was. 10 cent higher at $1.7225 pound; Jan feeder cattle was. 45...

  • Sting tries to help his ailing Broadway musical Monday, 24 Nov 2014 | 8:06 AM ET

    NEW YORK— Sting is hoping his star power can plug up a leaky ship. The singer-songwriter will play the role of an inspirational foreman onstage in "The Last Ship" starting Dec. 9 at the Neil Simon Theatre. The show, with no big stars and a challenging story to sell, brought in only $497,000 last week, less than 40 percent of its $1,243,000 potential and the theater was only...

  • CHICAGO, Nov 21- A judge ruled on Friday that an Illinois law aimed at easing the state's huge unfunded pension liability is unconstitutional, handing a victory to labor unions and state retirees who challenged the law and an initial defeat to the state's efforts to fix its sagging finances. The judge rejected the state's argument that public workers and...

  • WASHINGTON, Nov 21- U.S. House of Representatives Speaker John Boehner said on Friday that President Barack Obama's executive action on immigration had sabotaged chances for bipartisan legislation and vowed to lead a fight to block the order. Obama is set to sign the order, the biggest U.S. immigration changes in a decade, later on Friday at a high school in Las...