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  • Video game developer to open studio in New Orleans Wednesday, 17 Dec 2014 | 5:14 PM ET

    NEW ORLEANS— Enticed to Louisiana by the state's generous tax incentives, a video game developer plans on opening a studio in New Orleans that will employ 80 people. Kerry Ganofsky, the company's CEO, said Wednesday that Louisiana's tax incentives were fundamental in the decision to open a studio in New Orleans. Bobby Jindal, who was on hand for the announcement,...

  • SEATTLE, Dec 17- Boeing Co will deliver a record 754 commercial aircraft in 2015, an increase of up to 5.5 percent, the U.S. Aerospace Industries Association forecast on Wednesday, reflecting expectations of steadily rising production at the world's biggest plane maker. The Washington, D.C.- based trade group said its forecast is based on information supplied by...

  • *Egypt says confident Russia will honour contracts. MOSCOW, Dec 17- Russia, one of the world's main wheat exporters, is taking steps to restrict grain exports in an attempt to cool domestic prices, as it tackles a financial crisis linked to plunging oil prices and Western sanctions. A Russian grain exporters' lobby-- the National Association of Exporters of...

  • You're going to see volatility here, "said Daniel Flynn, energy analyst at Chicago's Price Futures Group. Brent for February delivery was up $1.05 at $61.06 a barrel by 2:37 p.m. EST, after hitting a session high of $63.40. The biggest slide in oil prices since the 2008 financial crisis had accelerated after OPEC met in November, when Gulf producers resisted calls...

  • Bird flu found in wild birds in Washington state - USDA Wednesday, 17 Dec 2014 | 12:18 PM ET

    Dec 17- Two strains of avian influenza have been confirmed in wild birds in Washington state, near the U.S. border with Canada, but there is no immediate cause for public health concerns, U.S. agriculture officials said on Wednesday. The other strain, H5N8, was found in captive gyrfalcons that were fed hunter-killed wild birds, the USDA said. Neither virus has been...

  • *Countries are Egypt, Turkey, India and Armenia. MOSCOW, Dec 17- Russia, one of the world's main wheat exporters, has cut grain exports to all but a few countries after imposing tougher quality checks, an exporters' lobby group said on Wednesday. A Russian grain exporters' lobby- the National Association of Exporters of Agricultural Products- wrote to the government to...

  • US puts hefty duties on solar goods from China, Taiwan Wednesday, 17 Dec 2014 | 1:28 AM ET
    Vivint Solar technicians install solar panels on the roof of a house in Mission Viejo, Calif.

    The U.S. confirmed steep import duties on solar products from China and Taiwan on Tuesday which could inflame trade tensions between the countries.

  • WASHINGTON, Dec 16- The United States confirmed steep import duties on solar products from China and Taiwan on Tuesday in a decision that may inflame trade tensions between the two countries. Producers in China face separate anti-subsidy duties. The move is set to deal a heavy blow to China and Taiwan's solar panel shipment to the U.S. market in the short term,...

  • HONG KONG, Dec 17- The billionaire behind shopping mall developer Dalian Wanda says China's era of rapid urbanisation will end within a decade, so he is speeding up his company's shift toward tourism and entertainment after a $3.7 billion initial public offering. Wang Jianlin became China's fourth-richest man in part by following the migration of 300 million...

  • Dec 16- The United States has not received official notification from China of approval for imports of a type of genetically modified corn at the center of lawsuits against seed maker Syngenta AG, a U.S. government spokesperson told Reuters on Tuesday. Syngenta has said it will make an announcement about Chinese government approval when the company receives...

  • Energy shares rebound as bargain-hunters swoop in Tuesday, 16 Dec 2014 | 5:45 PM ET

    NEW YORK, Dec 16- The proverbial knife is falling. "With the stocks down so big, seems to be an intermediate opportunity in the group," said Doug Kass, president of Seabreeze Partners in Palm Beach, Florida. Between the beginning of the year and June 23, the sector had gained 13 percent on the back of a steady rise in oil prices and expectations for improved growth.

  • Boeing breaks ground on new St. Louis venture Tuesday, 16 Dec 2014 | 2:58 PM ET

    ST. LOUIS— Boeing's latest venture in St. Louis opens up new possibilities for the region, Missouri Gov. Jay Nixon and a Boeing vice president said Tuesday. Politicians and civic leaders joined Boeing officials for a groundbreaking for the plant that will make parts for Boeing's new 777 X passenger aircraft.

  • US to press for more market access in China talks Tuesday, 16 Dec 2014 | 2:37 PM ET

    CHICAGO— U.S. trade officials will press China to allow greater market access for American goods and services during meetings this week in Chicago. It's the first time that the annual meeting of the U.S.-China Joint Commission on Commerce and Trade will be held in Chicago. Trade Representative Michael Froman says key topics include protection of...

  • CHICAGO, Dec 16- Chinese authorities have informed some agriculture industry officials that the government has approved U.S. imports of a type of genetically modified corn that has sparked lawsuits against seed maker Syngenta AG, according to reports from Agri-Pulse and Bloomberg. Syngenta will make an announcement about Chinese government approval of...

  • Dec 16- The Pennsylvania Supreme Court ordered Wal-Mart Stores Inc to pay $188 million to employees who had sued the retailer for failing to compensate them for rest breaks and all hours worked. Wal-Mart said on Tuesday that it might appeal the decision, which upheld lower court rulings, to the U.S. Supreme Court. Monday's ruling on the class-action lawsuit will...

  • Grain mixed, livestock lower Tuesday, 16 Dec 2014 | 10:59 AM ET

    CHICAGO— Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was unchanged at $6.19 a bushel; Mar corn was 2.50 cents lower at $4.06 a bushel; Mar oats were unchanged at $3.1375 a bushel; while Jan soybeans lost 10 cents at $10.2950 a bushel. Feb live cattle was 2.8527 cents lower at $1.5890 pound; Jan feeder cattle was...

  • Indoor tanning injuries can require ER treatment Tuesday, 16 Dec 2014 | 6:51 AM ET

    CHICAGO— Indoor tanning injuries have declined but still sent more than 1,000 people to emergency rooms in recent years. Here's a look at what's billed as the first national estimate on these injuries, from the federal Centers for Disease Control and Prevention:. "That is a safety record all industries should strive to achieve," said John Overstreet, head of the...

  • FACTBOX-ADM's and Olam's cocoa businesses Tuesday, 16 Dec 2014 | 4:49 AM ET

    Dec 16- Olam International Ltd's $1.3 billion deal to buy Archer Daniels Midland Co's cocoa business will create one of the world's top cocoa bean processors and traders, rivalling Barry Callebaut AG and Cargill Inc.. The Chicago- based firm has eight cocoa bean processing facilities: Ontario, Canada; Koog aan de Zaan and Wormer, the Netherlands; Mannheim, Germany;...

  • ADM to sell cocoa business to Olam for $1.3B Monday, 15 Dec 2014 | 8:02 PM ET

    CHICAGO— Archer Daniels Midland says it has agreed to sell its global cocoa business to Olam International for $1.3 billion. ADM's cocoa unit includes facilities in several countries, including Brazil, Canada, Germany, Ghana and Singapore. The Chicago- based company said Monday that a majority of the roughly 1,550 employees in the cocoa business will transfer...

  • Boeing ups buyback plan to $12B; raises dividend Monday, 15 Dec 2014 | 5:34 PM ET

    CHICAGO— Boeing said Monday that it is increasing its quarterly dividend and increasing its stock buyback plan to $12 billion. It bought $6 billion worth of shares in 2014. Boeing expects to buy back the stock under the new program over the next two to three years. Shares of The Boeing Co. increased $1.31 to close at $122.08 Monday, but have dropped 11 percent this...