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  • But focusing too hard on the pipeline, a frequent tactic of technology firms seeking to change their workforce, will benefit the chipmaker less than working on what happens inside Intel, diversity advocates say. Chief Executive Officer Brian Krzanich surprised a mostly male crowd at the Consumer Electronics Show in Las Vegas by unveiling a 2020 goal for Intel...

  • Jan 16- Pilots at Allegiant Air have voted overwhelmingly to authorize a strike after two years of contract talks, empowering their union to request U.S. government approval for a walkout, the union said in a release Friday. More than 98 percent of the 473 pilots who voted approved the strike, according to the Airline Professionals Association Teamsters Local...

  • Jan 16- Two online payday lending companies linked to a professional racecar driver have agreed to pay a record $21 million to resolve charges by U.S. regulators that they engaged in deceptive practices, the Federal Trade Commission said on Friday. The settlement with Kansas- based AMG Services Inc, which serviced the loans, and MNE Services Inc, which lent to...

  • Getting hot in here: 2014 hottest year on record Friday, 16 Jan 2015 | 12:06 PM ET
    A worker delivering bottled water during the hot weather last July in Shanghai.

    Of the large inhabited land areas, only the eastern half of the United States recorded below-average temperatures in 2014, NYT reports.

  • SAN FRANCISCO/ BEIJING/ SHANGHAI, Jan 16- China's Alibaba Group Holding Ltd plans a major move to win U.S. business this year, by offering American retailers new ways to sell to China's vast and growing middle class. Anchored by Alipay, the dominant Chinese electronic payments system that works closely with Alibaba and is controlled by its executives, the world's...

  • WILMINGTON, Delaware/ CHICAGO Jan 15- The operating unit of Caesars Entertainment Corp, the largest U.S. casino company, filed for Chapter 11 bankruptcy on Thursday in Chicago to cut $10 billion of debt, but a Delaware judge intervened to halt the case before it got started. The bankruptcy was filed overnight by Caesars Entertainment Operating Company Inc and 179...

  • Jan 15- The operating unit of Caesars Entertainment Corp, the largest U.S. casino company, filed for Chapter 11 bankruptcy on Thursday to implement its plan to cut $10 billion of debt, but faced an immediate challenge over where the case should proceed. The bankruptcy protection was filed by Caesars Entertainment Operating Company Inc and scores of affiliates...

  • 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...

  • Markets split on endgame for Caesars' looming bankruptcy Wednesday, 14 Jan 2015 | 7:17 PM ET

    Jan 14- On the eve of Caesars Entertainment Corp's $10 billion debt-cutting bankruptcy, markets are reflecting two competing views of how the casino company's high-stakes plan will play out. "The fact there is equity value in Caesars, that equity value describes a really optimistic view of how this will play out," said Chris Snow, an analyst with CreditSights.

  • Jan 13- Apple Inc has been granted a patent for a wearable camera that could possibly challenge action cameras made by GoPro Inc.. The patent, which cites specific weaknesses in GoPro's cameras, includes details about a camera system that can be mounted on bike helmets or scuba masks, Apple said in an application filed with the U.S. JMP Securities analyst Alex...

  • LAS VEGAS, Jan 13- Sony Corp CEO Kazuo Hirai has weathered a crisis over a cyberattack on its Hollywood studio and its controversial comedy "The Interview", but his toughest moment may be just arriving as he prepares a new business revival plan. Sony, which has cut its earnings forecasts six times on Hirai's watch, forecasts a 230 billion yen net loss for the business...

  • Jan 12- A group of hedge fund creditors of Caesars Entertainment Corp sought on Monday to force its main operating unit into bankruptcy and to appoint an independent examiner to investigate what they allege was the plundering of the company. The involuntary bankruptcy petition was filed by affiliates of Appaloosa Management, Oaktree Capital Management and...

  • The companies are adopting the technology to help keep customers from cancelling subscriptions in favor of streaming services such as Netflix Inc, Amazon and Hulu, which are far cheaper and also come with user-friendly guides to make finding shows easier. "Every consumer will agree it's terrible," Forrester Research analyst James McQuivey said.

  • Analysts expect companies presenting at the conference- which include Lululemon Athletica, Big Lots and Guess- to shine a light on holiday trends and discuss business expectations for 2015, and in some cases update their outlooks. J.C. Penney Co, American Eagle Outfitters and Aeropostale Inc all had strong results, though Macy's disappointed.

  • Jan 9- Caesars Entertainment Corp said on Friday it has garnered enough support from key creditors to carry out its $18.4 billion debt restructuring plan for its operating unit, which will soon file for bankruptcy. The plan will reduce the debt associated with Caesars Entertainment Operating Co Inc to $8.6 billion from $18.4 billion. Caesars has been weighed...

  • Jan 9- Caesars Entertainment Corp said on Friday it has garnered enough support from key creditors to carry out its $18.4 billion debt restructuring plan for its operating unit, which will soon file for bankruptcy. The plan will reduce the debt associated with Caesars Entertainment Operating Co Inc to $8.6 billion from $18.4 billion. Caesars has been weighed...

  • TOKYO, Jan 9- Canon Inc and other Japanese electronics companies want to bring production of some goods back home, reversing a years-old trend of overseas manufacturing as a rapid decline in the value of the yen makes local goods more competitive. Sharp Corp is also looking at lifting the ratio of LCD televisions and refrigerators made in Japan to counter the...

  • DETROIT, Jan 8- Fully automated driverless cars could make up nearly 10 percent of global vehicle sales, or about 12 million cars a year, by 2035, the Boston Consulting Group said on Thursday. "This will be as radical a change as the auto industry has seen in 100 years," said Thomas Dauner, head of BCG's global automotive practice. Vehicle manufacturers, including...

  • Media embracing digital TV with strings attached Thursday, 8 Jan 2015 | 4:05 PM ET

    NEW YORK/ LAS VEGAS Jan 8- Media companies that are starting to allow their programs onto Internet-delivered TV and mobile devices are putting limits on digital rights as a safety hatch if problems arise with the new distribution systems, executives say. Media companies are considering joining streaming-only services, or launching their own like HBO and CBS,...

  • WASHINGTON/ LAS VEGAS, Jan 7- The top U.S. communications regulator on Wednesday endorsed the regulatory standard applied to telephone companies in remarks seen as the strongest indication yet that he planned to side with President Barack Obama on strict "net neutrality" rules. Comments by Federal Communications Commission Chairman Tom Wheeler at the...