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  • WILMINGTON, Del., Dec 22- The Trump Taj Mahal, a casino hotel in New Jersey's struggling Atlantic City gambling hub, could stay open for all of 2015 with a $20 million financing package from investor Carl Icahn, lawyers for Trump Entertainment Resorts said on Monday. Atlantic City's fortunes have faded as competition from Pennsylvania and other neighboring...

  • NEW YORK, Dec 18- Factory activity in the U.S. mid-Atlantic region grew at a slower pace in December, a survey showed on Thursday. The Philadelphia Federal Reserve Bank said its business activity index fell to 24.5 from 40.8 the month before. The survey covers factories in eastern Pennsylvania, southern New Jersey and Delaware.

  • Judge orders Uber to cease operations in Spain Tuesday, 9 Dec 2014 | 11:42 AM ET

    MADRID, Dec 9- A Madrid judge has ordered U.S.-based online car booking company Uber to cease operations in Spain, the latest ban on the popular service. The judge on Tuesday imposed an injunction on services after a request by the Madrid Taxi Association, which is preparing a legal case against Uber accusing it of unfair competition. The company also faces legal...

  • WASHINGTON, Dec 8- Swiss firm Supreme Foodservice GmbH pleaded guilty on Monday to overcharging the United States for food and bottled water it provided to U.S. armed forces in Afghanistan and will pay $434 million to resolve a series of related cases, according to court documents. The cases were investigated by federal prosecutors and Justice Department...

  • *Three units of Bumi Resources miss debt interest payments. JAKARTA, Dec 2- Shares in Indonesia's biggest coal miner PT Bumi Resources Tbk rose the most on Tuesday in over four months after three of its units filed for protection from U.S. creditors after failing to make debt interest payments. According to the U.S. filing, Bumi Investment and Bumi Resources missed...

  • The slide came the day after oil cartel OPEC decided not to cut output in a meeting in Vienna. "We do not know if OPEC has ulterior motives to let oil prices drift lower and pinch the global sector, or if reaching a consensus on cuts was just too challenging," wrote Wells Fargo Securities in a Friday client note. "We'll wait to see the trend next week when there's full...

  • Judge: WMT must let NYC church challenge gun sales Friday, 28 Nov 2014 | 2:06 PM ET
    Residents shop at Walmart as the store prepares for Black Friday in Los Angeles, Calif., November 24, 2014.

    A federal judge ordered Wal-Mart Stores to let shareholders vote on a proposal to force tighter oversight of its sale of high-capacity guns.

  • *Oil falls to 2010 low, Exxon Mobil tumbles. *Retailers higher, Wal-Mart boosts Dow. "Crude seems to have no floor right now, and we could easily see the price drop into the low $60 s," said Tony Roth, chief investment officer at Wilmington Trust in Wilmington, Delaware.

  • NEW YORK, Nov 28- U.S. energy shares saw heavy pressure on Friday as crude oil tumbled to a multi-year low, though consumer stocks lifted broader indexes in a quiet, holiday-shortened session. Crude plunged 6.5 percent to $69.38 per barrel a day after OPEC decided not to cut output, which could leave markets oversupplied. "Crude seems to have no floor right now, and we...

  • NEW YORK, Nov 28- U.S. stocks were little changed on Friday, with major indexes on track for a sixth straight weekly advance in a holiday-shortened session, though energy shares saw heavy pressure as crude oil tumbled to a four-year low. Crude plunged 5.9 percent to $69.38 per barrel a day after OPEC decided not to cut output, which could leave markets oversupplied.

  • FACTBOX-Recent tax inversion proposals Tuesday, 25 Nov 2014 | 1:19 PM ET

    Medical technology company Medtronic Inc said on Nov. 18 that its plan to acquire and adopt the tax domicile of Ireland's Covidien Plc was on track to close in 2015.. High-tech manufacturer Applied Materials Inc plans to buy Japanese rival Tokyo Electron Ltd and reincorporate in the Netherlands. Burger King Worldwide Inc plans to acquire Canadian coffee and...

  • Activision settles investor suit for record $275 mln Wednesday, 19 Nov 2014 | 6:58 PM ET

    Nov 19- Videogame maker Activision Blizzard reached a record $275 million settlement over a lawsuit by a shareholder who opposed the company's 2013 deal to acquire its stock that was held by Vivendi SA. The lawsuit by Activision shareholder Anthony Pacchia was prompted by the $8 billion deal in 2013 in which Activision and an investor group known as ASAC...

  • Nov 19- Creditors of GT Advanced Technologies complained in a bankruptcy court filing that the sapphire company may have gotten too little in its proposed settlement with Apple Inc over legal claims stemming from a deal to supply sapphire screens. GT Advanced shocked investors by filing for bankruptcy in October in a case that was initially shrouded in...

  • WASHINGTON, Nov 18- Keystone XL's top supporter in the U.S. Senate frantically lobbied colleagues on Tuesday in a last-ditch attempt to find enough "yes" votes to approve the oil pipeline from Canada. TransCanada Corp's Keystone XL pipeline has broad support in Louisiana, an oil-producing state, where Landrieu faces an uphill battle to win a new six-year term in a...

  • WASHINGTON, Nov 18- Keystone XL supporters in the U.S. Senate faced tough odds on Tuesday in passing a bill to approve the oil pipeline from Canada after one lawmaker they hoped might be a "yes" said he would vote against the project. "Congress is not- nor should it be- in the business of legislating the approval or disapproval of a construction project," Senator Angus...

  • Nov 17- Mark Pincus, the founder of video game company Zynga Inc, must face a lawsuit alleging he unfairly benefited by selling $192 million of stock in 2012 when other early investors were under a lockup agreement, according to a court ruling. The creator of FarmVille had asked the Delaware Court of Chancery to dismiss a lawsuit that alleged Pincus and other Zynga...

  • Gulf of Mexico, but a companion bill in the Senate may lack votes to pass next week. The Senate could take up the bill next week, possibly on Tuesday. Mary Landrieu, a Louisiana Democrat and chair of the Senate energy panel, led the effort to approve the bill in her chamber, but it appeared on Thursday that she did not yet have enough votes for passage.

  • The legislation would circumvent the need for approval of TransCanada Corp's $8 billion project by the Obama administration, which has been pending for more than six years. The Senate could take up the bill next week, possibly on Tuesday. Energy and Natural Resources Committee Chairman Mary Landrieu, a Louisiana Democrat, led the effort to approve the bill in...

  • Nov 10- Dendreon Corp filed for Chapter 11 bankruptcy protection after sales of the world's first cancer vaccine fell short of expectations and left the company deep in debt. Seattle- based Dendreon said it had agreed terms of a financial restructuring with certain bond holders that may involve a standalone recapitalization or the sale of the company or its...

  • Nov 10- Cancer vaccine maker Dendreon Corp filed for Chapter 11 bankruptcy protection on Monday after its potential blockbuster cancer drug failed to live up to expectations, saddling the company with heavy debt. Dendreon's stock was down nearly 62 percent at 36 cents in premarket trading. Under the agreements, senior noteholders will support a plan of...