In 36 states electing governors, it's all about the economy. Governors seeking re-election promised to turn things around. Have they?» Read More
SINGAPORE, Feb 14- Spot gold was holding gains near $1,300 an ounce on Friday and looked set to post its biggest weekly gain since October as more weak U.S. data raised fears about economic growth, burnishing the metal's appeal as a safe-haven.
NEW YORK, Feb 13- World stock markets edged higher on Thursday as soft U.S. economic data was blamed on bad weather, while the dollar fell to a two-week low against the euro. U.S. stocks rose, with big gains in technology shares giving the Nasdaq a sixth straight session of gains, its best advance since December 2011.
CHICAGO, Feb 13- Farmland values in the Midwest mostly edged higher in the fourth quarter of 2013 with the market tone improving from the weakness the prior three months and easing some concerns about a potential farmland "bubble" that has worried bankers and policymakers.
WASHINGTON, Feb 13- Forty-two U.S. representatives and senators have announced plans to leave their seats in Congress in advance of mid-term elections in November, including 24 Republicans and 18 Democrats. The latest to announce his departure was Representative Doc Hastings, a 10- term Republican from Washington state.
Feb 13- Goodyear Tire& Rubber Co, one of the world's largest tire companies, posted a higher-than-expected fourth-quarter profit on Thursday and said it had fully funded its hourly U.S. pension plan, sending its shares up as much as 7.6 percent. Goodyear funded its U.S. plan with $1.15 billion in cash.
Feb 12- Dow Chemical Co's "lack of transparency" makes it difficult to determine whether the petrochemical giant should be split up or kept together, hedge fund titan Daniel Loeb said on Wednesday.
Feb 12- Shares of Talmer Bancorp Inc, backed by billionaire investor Wilbur Ross, rose as much as 7 percent in their market debut, valuing the U.S. bank holding company at about $971 million. Talmer's initial public offering raised about $203 million after its Class A shares were priced at $13 per share, near the lower end of its $12.50- $14.50 expected range.
Feb 12- Shares of Talmer Bancorp Inc, backed by billionaire investor Wilbur Ross, rose as much as 7 percent in their U.S. market debut, valuing the company at about $971 million. Talmer's initial public offering raised about $203 million after its Class A shares were priced at $13 per share, near the lower end of its $12.50- $14.50 expected pricing range.
DETROIT, Feb 12- Engine and transmission problems caused quality in the U.S. auto industry to slip for the first time in 16 years in a vehicle dependability study of owners of 3- year-old cars and trucks, falling from last year's record-high levels.
CHATTANOOGA, Tenn., Feb 11- If the United Auto Workers wins this week's historic election at Volkswagen's three-year-old Chattanooga factory, the union could use the victory as a springboard to organize other foreign-owned plants in the South and revive its waning influence on the U.S. labor movement.
*In 2009, Goldman bought firm that once sold Iran uranium. LONDON, Feb 11- Goldman Sachs and Deutsche Bank are quietly trying to get out of a business few people know they are even in: trading supplies of raw uranium known as yellowcake.
LOS ANGELES, Feb 11- Raymond Tremblay, a loyal McDonald's Corp customer from Los Angeles, thinks the fast-food chain sells tasty food at reasonable prices and he cannot think of a quick fix that would help end the company's disappointing U.S. performance.
DETROIT, Feb 10- Detroit will file a plan to adjust its debt with the U.S. Bankruptcy Court next week, an attorney representing the city told the judge overseeing the case on Monday. Bruce Bennett, an attorney with law firm Jones Day, told Judge Steven Rhodes that Detroit's filing target of Friday was too tight and needed to be extended.
NEW YORK, Feb 10- Moody's Investors Service confirmed on Monday it had cut the rating of the Puerto Rico Electric Power Authority to junk status, saying the island's shrinking economy and population will hurt the already cash-strapped authority's ability to invest.
NEW YORK, Feb 7- Moody's Investors Service on Friday became the second ratings agency this week to cut Puerto Rico's credit rating to junk, citing concern about the cash-strapped U.S. territory's weak economy and its ability to borrow.
EAST LANSING, Mich., Feb 7- In a large barn smelling faintly of horses, President Barack Obama signed the $956 billion farm bill into law on Friday, comparing the five-year law to "a Swiss Army knife" because of the variety of ways it can support jobs in America.
ON BOARD AIR FORCE ONE, Feb 7- Syngenta AG, the world's largest crop chemicals company, has commitments to sell its entire supply of a genetically modified corn variety that is not approved by China, U.S.
ON BOARD AIR FORCE ONE, Feb 7- The world's largest crop chemicals company, Syngenta AG, has commitments to sell its full supply of a genetically modified corn variety known as Agrisure Viptera or MIR 162 for the 2014 growing season, U.S.
NEW YORK, Feb 6- Mathew Martoma, a former portfolio manager at billionaire Steven A. Cohen's SAC Capital Advisors hedge fund, was found guilty on Thursday of engaging in what prosecutors called the most lucrative insider trading scheme in U.S. history.
DETROIT, Feb 6- General Motors Co reported a disappointing fourth-quarter profit on Thursday, hurt by weaker-than-expected results in Asia and South America that may prompt analysts to ratchet down their profit forecasts for 2014 for the No. 1 U.S. automaker.