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  • US STOCKS-Wall St rises on report of ECB action; IBM falls Wednesday, 21 Jan 2015 | 12:25 PM ET

    *IBM shares fall after results, Netflix rallies. NEW YORK, Jan 21- U.S. stocks rose in a volatile session on Wednesday on reports that new stimulative measures would be announced by the European Central Bank at its meeting tomorrow, though a tepid outlook from IBM limited the Dow's gains. "The timing and duration of bond purchases is just as important as the actual...

  • US STOCKS-Wall St rises on report of ECB action Wednesday, 21 Jan 2015 | 11:09 AM ET

    *IBM shares fall after results, Netflix rallies. NEW YORK, Jan 21- U.S. stocks rose in a volatile session on Wednesday on reports that new stimulative measures would be announced by the European Central Bank at its meeting tomorrow, though a tepid outlook from IBM limited the Dow's gains. The Wall Street Journal reported that the ECB's Executive Board has proposed a...

  • US STOCKS-Wall St edges up on ECB hopes, but IBM weighs Wednesday, 21 Jan 2015 | 10:09 AM ET

    *IBM shares fall after results, Netflix rallies. NEW YORK, Jan 21- U.S. stocks were flat on Wednesday as reports that new stimulative measures would be announced by the European Central Bank, though a tepid outlook from IBM limited the day's gains. The ECB's Executive Board has proposed a quantitative easing program that would see the ECB buy roughly 50 billion...

  • WASHINGTON, Jan 20- President Barack Obama said on Tuesday the United States and not China must write trade rules for Asia and called on Congress to give the White House a freer hand to close trade deals. China is not part of the Trans-Pacific Partnership the United States is negotiating with 11 other trading partners, which aims to set common standards on issues...

  • Obama says U.S., not China, must write trade rules Wednesday, 21 Jan 2015 | 12:03 AM ET

    WASHINGTON, Jan 20- President Barack Obama said on Tuesday the United States and not China must write trade rules for Asia and called on Congress to give the White House a freer hand to close trade deals. China is not part of the Trans-Pacific Partnership the United States is negotiating with 11 other trading partners, which aims to set common standards on issues...

  • Months after he landed in Florida's Manatee County Jail, Jovon Frazier's pleas for treatment of the intense pain that radiated from his left shoulder to his elbow were met mostly with Tylenol. Frazier, then 18, wrote the second time he asked for care, in August 2009. That company, Corizon Health Inc., is under growing pressure around the country after losing five...

  • NEW YORK— Conservative distrust of Pope Francis, which has been building in the U.S. throughout his pontificate, is reaching a boiling point over his plan to urge action on climate change— and to do so through a document traditionally used for the most important papal teachings. And he said he wanted his encyclical out in plenty of time to be absorbed before the next...

  • CHICAGO— As another storm flung snow at Chicago, Alexandra Clark wondered how she'd get to work. Chicago and New York introduced apps in early 2012, and Seattle has gotten into the game, as have some places in Maryland and Virginia. Boston briefly experimented, too, though their site was so popular it crashed during a February 2013 storm, hampering the response...

  • WASHINGTON— A delegation of congressional Democrats began a three-day visit to Cuba on Saturday to discuss expectations for the normalization of relations between the United States and the island nation. Patrick Leahy of Vermont, said in a statement Saturday that the lawmakers want to explore opportunities for greater cooperation and to encourage Cuban...

  • Mt. Gox CEO suspected of running Silk Road: Agent Friday, 16 Jan 2015 | 6:00 AM ET
    Mt. Gox has updated its website to allow customers to log in and verify their wallet, or account balances.

    An agent investigating Silk Road told jurors that the former chief of the Mt. Gox bitcoin exchange may have been the mastermind behind the black market website.

  • NEW YORK, Jan 15- A U.S. agent investigating Silk Road told jurors at a trial of accused operator Ross Ulbricht that he believed in 2013 that the former chief of the Mt. Karpeles, who was never charged, denied he had anything to do with Silk Road. "The investigation reached that conclusion already- this is why I am not the one sitting during the Silk Road trial, and I can only...

  • NEW YORK, Jan 15- A U.S. agent investigating Silk Road told jurors at a trial of accused operator Ross Ulbricht that he came to believe the former chief of the Mt. Under questioning by Ulbricht's lawyer, Der-Yeghiayan said that as part of a search warrant for Karpeles' Google email account he had said there was probable cause to believe he controlled Silk Road.

  • Tessco posts 3Q profit Thursday, 15 Jan 2015 | 4:30 PM ET

    HUNT VALLEY, Md. _ Tessco Technologies Inc. on Thursday reported fiscal third-quarter earnings dropped by 62 percent to $1.7 million. Tessco shares have fallen nearly 8 percent since the beginning of the year. Keywords: Tessco Technologies, Earnings Report.

  • A look at 2014 US home foreclosure data Thursday, 15 Jan 2015 | 3:24 PM ET

    —As of Dec. 31, banks held some 421,164 unsold homes, down 17 percent from the year before. —As of Dec. 31, 642,927 homes were in some stage of the foreclosure process. —In the 12 months ended Sept. 30, nearly 1.5 million homes returned to positive equity, which means the home is valued at more than what the owner owes on the mortgage.

  • Obama tries again to get paid leave for more workers Thursday, 15 Jan 2015 | 3:42 AM ET

    BALTIMORE— President Barack Obama launched a fresh push Thursday to bring paid sick and family leave to working parents and other private-sector employees as the White House unveiled proposals that could benefit tens of millions of people. Most require action by the Republican-controlled Congress. The White House said Obama will push the issue anew in the...

  • WASHINGTON, Jan 15- The number of U.S. properties in the process of being foreclosed upon dropped last year to its lowest level since 2006, real estate data firm RealtyTrac said on Thursday. The data for the year overall showed the foreclosure market is "close to finding a floor and stabilizing at a historically normal level," Daren Blomquist, vice president at...

  • Foreclosures fell in 2014 to levels before housing bust Thursday, 15 Jan 2015 | 12:01 AM ET

    LOS ANGELES— A healthier U.S. housing market and economy helped to winnow foreclosures in 2014 to levels not seen since before the housing bust. While foreclosures remain elevated in many populous metropolitan areas, such as New York, Philadelphia and San Diego, they have declined annually overall in recent years, and 2014 was no exception.

  • CHICAGO, Jan 14- A Massachusetts meat company is recalling 33,948 pounds of ground beef products that may be contaminated with plastic materials, the U.S. Department of Agriculture's Food Safety and Inspection Service said on Wednesday. The agency said J&G Foods, Inc, in Sutton, Massachusetts recalled the product that consists of one-pound vacuum sealed...

  • Representative Chris Van Hollen on Monday unveiled legislation to boost the middle class by giving many families a tax cut that would be countered by a fee on financial transactions and reduced tax benefits for the top 1 percent of earners. Van Hollen, a Democrat from Maryland, said in prepared remarks that his plan would encourage companies to raise workers'...

  • Fracking bans met with heavyweight response Sunday, 4 Jan 2015 | 5:44 AM ET

    When cities decide to ban fracking, they can face expensive, long court battles with energy companies and industry groups to defend the measures.