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  • Groupon sales reps can't pursue overtime pay class action Wednesday, 27 Aug 2014 | 7:26 PM ET

    Aug 27- A Chicago federal judge on Wednesday said Groupon Inc sales representatives cannot pursue a class-action lawsuit over the Internet commerce company's failure to pay for overtime before and after its 2011 initial public offering.

  • CME Group says CFO to retire at age 49, new CFO is 50 Wednesday, 27 Aug 2014 | 6:56 PM ET

    CHICAGO, Aug 27- CME Group Inc's 49- year-old chief financial officer will retire at the end of the year and will be replaced by an executive who is a year older, the world's largest futures exchange operator said on Wednesday.

  • WASHINGTON, Aug 27- Tyson Foods Inc, the largest U.S. meat processor, on Wednesday won U.S. antitrust approval for its purchase of Hillshire Brands Co.. The attorneys general of Illinois, Iowa and Missouri, all big hog-producing states, joined the settlement that the companies reached with the Justice Department's Antitrust Division.

  • *Cushing up 508,000 bbls- EIA. NEW YORK, Aug 27- Crude oil futures settled flat after choppy trading on Wednesday, following a report that showed declining U.S. gasoline demand in the world's top oil consumer and a build at the key Cushing, Oklahoma, storage hub.

  • BOSTON/ WASHINGTON, Aug 27- Time Warner Cable Inc, the No. 2 U.S. cable operator, suffered a massive network outage on Wednesday due to suspected human error that cut Internet services to some 11 million businesses and residences, prompting a New York state investigation.

  • Detroit says investor demand for water/sewer bonds is big Wednesday, 27 Aug 2014 | 1:44 PM ET

    Aug 27- Detroit's sale on Tuesday of nearly $1.8 billion of water and sewer bonds attracted about $7.6 billion in orders and will save the bankrupt city nearly $250 million, city officials said on Wednesday.

  • Aug 27- Time Warner Cable Inc the No. 2 U.S. cable operator, reported a massive network outage that shut down Internet services to some 11 million customers on Wednesday, prompting New York state to launch an investigation.

  • NEW YORK, Aug 27- Dow Chemical Co has kicked off processes to sell two of its specialty chemicals subsidiaries that could fetch close to $2 billion combined, according to people familiar with the matter, part of its effort to divest several billion dollars worth of non-core assets by 2015..

  • Traders are bracing for the start of the autumn harvest in the Midwest in the coming weeks, with growers in Louisiana and Mississippi already bringing in crops with high yields.

  • Correction: Dwindling Bathhouses story Wednesday, 27 Aug 2014 | 11:33 AM ET

    LOS ANGELES— In a story Aug. 23 about the declining number of gay bathhouses The Associated Press reported erroneously that Todd Saporito, the CEO of Ohio- based Flex Spas, ran the Gay Games that were held in Cleveland. LOS ANGELES— Gay bathhouses that once remained in the shadows to stay in business are now seeking attention to keep their doors open.

  • Renault could turn Russia crisis to its advantage Wednesday, 27 Aug 2014 | 11:27 AM ET

    MOSCOW, Aug 27- Renault, the major carmaker with most at stake in Russia, could turn a market crisis to its advantage as Moscow considers a subsidy scheme to steady demand and a weaker rouble undermines rivals that make fewer parts locally.

  • Grain mostly lower, beef lower and pork higher Wednesday, 27 Aug 2014 | 11:03 AM ET

    CHICAGO— Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.5650 a bushel; Dec corn was 1.75 cents lower at $3.6325 a bushel; Dec oats were unchanged at $3.4475 a bushel; while Nov soybeans loss 3.75 cents to $10.2425 a bushel.

  • Aug 27- Time Warner Cable Inc the second-largest U.S. cable operator, experienced a major network outage early Wednesday morning that shut down Internet services for almost two hours, the company said. Time Warner Cable provides Internet services to about 11 million customers nationwide.

  • 2 Chicago men sue taxi company over brief kiss Wednesday, 27 Aug 2014 | 10:31 AM ET

    CHICAGO— Two Chicago men sued a taxi company this week, alleging a driver tried to kick them out of his cab because they shared a short kiss. Matthew McCrea and Steven White filed the lawsuit against Sun Taxi. They claim the driver violated the Illinois Human Rights Act and are seeking an undisclosed amount in damages.

  • Arch Venture Partners raises $400 million fund Wednesday, 27 Aug 2014 | 7:30 AM ET

    SAN FRANCISCO, Aug 27- Chicago- based Arch Venture Partners raised a $400 million fund to invest in early stage companies, the firm announced Wednesday, underscoring renewed investor confidence in the once moribund life sciences sector.

  • Do-it-yourself blood pressure care can beat MDs Wednesday, 27 Aug 2014 | 6:57 AM ET

    CHICAGO— "Do-it-yourself" blood pressure measurements and medicine changes work better than usual doctor-office care in some patients, a study of older adults in England found.

  • *Corn around 2- wk low on hopes of record U.S. production. Corn fell to levels near Tuesday's two-week low as the expected record-large U.S. crop thrives in favourable weather. Corn fell 0.4 percent to $3.63-1/ 2 a bushel, not far from last session's two-week low of $3.61-3/ 4 a bushel.

  • NEW YORK, Aug 26- U.S. crude rose on Tuesday, as supportive U.S. economic data overshadowed concerns about slowed growth in other oil consuming economies and ample global oil supplies. Brent crude fell 15 cents to settle at $102.50 a barrel, after reaching $103.40 during the session.

  • *Libya calls for foreign help to protect oil infrastructure. U.S. crude jumped $1 after an industry group reported that U.S. consumer confidence rose in August to its highest level since October 2007 on improved feelings about the current state of the economy, but later trimmed gains after failing to push through a resistance point at $94.35, analysts said.

  • American, US Airways will stop listing on Orbitz Tuesday, 26 Aug 2014 | 12:42 PM ET

    FORT WORTH, Texas— American Airlines and US Airways are pulling flight listings from Orbitz- run websites in a long-running dispute over fees that the travel company charges to list and sell the flights. American said that it had already dropped its fares from Orbitz and that US Airways listings would be pulled on Monday.