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  • By Yasmeen Abutaleb and Lisa Baertlein. NEW YORK/ LOS ANGELES, March 26- The White House is due to issue an ambitious plan to slow the growing and deadly problem of antibiotic resistance over the next five years, one that requires massive investments and policy changes from a broad array of U.S. government health agencies, according to a copy of the report reviewed...

  • Meerkat vs. Periscope: Live-streaming app battle & buzz Thursday, 26 Mar 2015 | 5:20 PM ET

    NEW YORK— Download Periscope, Twitter's just-launched live video-streaming app, and you'll find people broadcasting all sorts of mundane stuff: waiting for AT&T to fix their wiring, getting out of bed in Silicon Valley, looking outside their office window in Chicago. After all, the first tweet, sent by co-founder Jack Dorsey in 2006, simply said "just setting up my...

  • *Iran denounces strikes, Russia calls for "immediate ceasefire". NEW YORK, March 26- Oil jumped about 5 percent on Thursday, rallying a second straight day, after air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears of a bigger Middle East battle that could disrupt world crude supplies. Pakistan, a Riyadh ally far away from the conflict, promised a "...

  • NEW YORK— Conditions were nearly perfect for municipal bonds last year, leading to sizeable returns. Perfection never lasts, though, and managers of municipal-bond funds are forecasting more modest returns in upcoming years. "Definitely manage those expectations," says Diederik Olijslager, who co-manages the $3.9 billion USAA Tax Exempt Intermediate-Term...

  • BUENOS AIRES, March 26- Argentina's waterlogged soy lands will get much-needed sun over the 10 days ahead, firming soils and allowing growers to drive harvesting combines into fields turned to mud by heavy early-March storms, meteorologists said on Thursday. Areas hardest hit by floods are in central-west Santa Fe and central-east Cordoba provinces.

  • *Iran says halt "aggressions"; security up at Kuwait oil sites. NEW YORK, March 26- Oil prices rallied for a second straight day on Thursday after Saudi Arabia and its Gulf Arab allies began air strikes in Yemen, sparking fears of a bigger Middle East battle that could disrupt world crude supplies. The military operation against Houthi rebels, who have driven the...

  • Grain lower, livestock higher Thursday, 26 Mar 2015 | 11:03 AM ET

    CHICAGO— Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for May delivery was unchanged at $5.19 a bushel; May corn was 2 cents lower at $3.93 a bushel; May oats were unchanged at $2.8225 a bushel; while May soybeans lost 2.75 cents to $9.76 a bushel. June live cattle was. 03 cent higher $1.5240 a pound; May feeder cattle was. 28 cent...

  • NEW YORK, March 25- When Kraft Foods Group merges with H.J. Heinz Co, they will share a name, a central place in the American kitchen and two headquarters near Chicago and Pittsburgh. Heinz's backer, Brazilian private equity firm 3 G Capital Partners, has made a name for itself by aggressively trimming the fat from food and beer companies struggling for growth.

  • Judge appoints examiner in bankruptcy of Caesars division Wednesday, 25 Mar 2015 | 7:20 PM ET

    CHICAGO— A former Watergate prosecutor who was later involved in efforts to secure the release of Americans during the Iran hostage crisis while assistant secretary of the Treasury is now investigating business deals made by Caesars Entertainment Corp. before the casino giant's debt-heavy operations division filed for bankruptcy in January.

  • House Roll Call: Republicans approve conservative budget Wednesday, 25 Mar 2015 | 7:19 PM ET

    The 228-199 roll call Wednesday by which the House passed a conservative budget that relies on nearly $5 trillion in cuts to eliminate deficits over the next decade, calls for repealing the health care law and envisions transformations of the tax code and Medicare. Republicans— Aderholt, Y; Brooks, Y; Byrne, Y; Palmer, Y; Roby, Y; Rogers, Y. Republicans— Crawford, N; Hill, Y;...

  • DETROIT, March 25- The United Auto Workers union on Wednesday said getting raises for workers at the Detroit automakers will be a top priority in contract talks this summer, but more jobs and production are shifting to U.S. plants without unions and Mexico. Earlier this week, General Motors Co said it would build a factory in Mexico to assemble a new generation of...

  • BUENOS AIRES, March 25- Argentine growers have harvested about 5 percent of this year's soy, with high yields in the central farm belt compensating for flood damage in northern fields and keeping the country on track for a record crop, analysts said on Wednesday. Strong soybean demand from China and global demand for soymeal livestock feed has kept a floor under...

  • Heinz Co, backed by Warren Buffett's Berkshire Hathaway Inc and Brazilian private equity firm 3 G Capital, will combine with Kraft Foods Group Inc to create the third-largest North American food company, executives said on Wednesday. The deal deepens Buffett's hold on leading U.S. food brands, as well as that of 3 G founder Jorge Paulo Lemann, Brazil's richest man.

  • Heinz-Kraft deal: The stories behind the brands Wednesday, 25 Mar 2015 | 2:41 PM ET

    NEW YORK— The combination of H.J. Heinz Co. and Kraft Foods Group Inc. will bring many of America's oldest and best-known brands under the same corporate roof. Pearle Bixby Wait started mixing powdered gelatin with fruit flavors and sugar. The result was sold to the Genesee Pure Food Company in 1899, and within a few years, advertisements in The Ladies Home...

  • WASHINGTON— IRS workers would be prohibited from using private email to conduct official business under a bipartisan bill passed Wednesday by the House Ways and Means Committee. The issue gained attention following revelations that Democrat Hillary Rodham Clinton and Republican Jeb Bush used personal email addresses to conduct government business.

  • Grain mixed, livestock lower Wednesday, 25 Mar 2015 | 11:13 AM ET

    CHICAGO— Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for May delivery was unchanged at $5.2350 a bushel; May corn was 1.50 cents lower at $3.9275 a bushel; May oats were unchanged at $2.82 a bushel; while May soybeans gained 4.25 cents to $9.86 a bushel. June live cattle fell. 65 cent to $1.5240 a pound; May feeder cattle was. 37...

  • March 25- United States Steel Corp said it would consolidate its North American flat-rolled operations and temporarily idle its operations at Granite City, Illinois, citing weak demand and falling steel prices. A stronger dollar has made imports cheaper and steel from China has been flooding the U.S. market in the past few quarters, hurting prices and leading...

  • U.S. Steel to temporarily idle operations at Granite City Wednesday, 25 Mar 2015 | 9:31 AM ET

    March 25- United States Steel Corp said it would consolidate its North American flat-rolled operations and temporarily idle its operations at Granite City, Illinois. The company is issuing notices to 2,080 workers at Granite City Works under the Worker Adjustment and Retraining Notification Act as part of the consolidation. U. S. Steel had about 23,000...

  • Heinz and Kraft: What the deal combines Wednesday, 25 Mar 2015 | 7:03 AM ET

    BRANDS: Classico pasta sauce, Heinz Ketchup, Ore-Ida, Lea& Perrins, Bagel Bites, Nurture infant formula, Weight Watchers Smart Ones, and Golden Circle. NAME: Kraft Foods Group Inc.. BRANDS: A1, Athenos, Breakstones, CapriSun, Cheez Whiz, Cracker Barrel, Cool Whip, Country Time Lemonade, Jell-O, Kool Aid, Maxwell House, Oscar Mayer, Planters, Stove Top and Velveeta.

  • HJ Heinz buys Kraft to build $28 billion food giant Wednesday, 25 Mar 2015 | 6:14 AM ET

    The combination of the two companies— each more than a century old— was engineered by Warren Buffett's Berkshire Hathaway and Brazilian investment firm 3 G Capital, which teamed up just two years ago to buy Heinz. Still, the early plans outlined by Kraft and Heinz executives in a conference call Wednesday focused largely on the savings that would be achieved...