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  • US STOCKS-Wall St declines as oil tumbles further Friday, 12 Dec 2014 | 10:17 AM ET

    *WTI crude falls below $59 a barrel. NEW YORK, Dec 12- U.S. stocks dipped on Friday, putting the benchmark S&P 500 on track to snap seven weeks of gains, after oil prices slumped further. "It's all about the pendulum swing, it works both ways, you can see that $107 in the summertime was ridiculous and now you will see it in the opposite direction, probably towards the $50 range...

  • *Adobe up in premarket after results; to buy Fotolia. NEW YORK, Dec 12- U.S. stocks were set for a lower open on Friday, putting the benchmark S&P 500 on track to snap seven straight weeks of gains, after oil prices fell and Chinese data disappointed. "It's all about the pendulum swing, it works both ways, you can see that $107 in the summertime was ridiculous and now you will...

  • CHICAGO, Dec 10- Chicago opened a new front in the war on ridesharing services like Uber on Wednesday, approving a plan to sponsor an app for riders to hail local cabs. A union that has expanded into cab drivers and organized Chicago this year pushed hard for the package, which had the support of Mayor Rahm Emanuel. Uber declined to comment directly on the Chicago...

  • Dec 5- A federal judge has thrown out a whistleblower lawsuit by a former official of a unit of advertising company WPP Plc who claimed he was fired in retaliation for reporting accounting irregularities to his superiors. District Judge Gregory Woods in Manhattan said Daniel Berman, who was a finance director at WPP's NeozOgilvy LLC unit, did not qualify for...

  • Nov 13- A U.S. judge weighing how much BP Plc should be punished for the 2010 Gulf of Mexico oil spill on Thursday refused to overturn his own finding that the oil company's conduct was "grossly negligent." District Judge Carl Barbier in New Orleans means BP could still face close to $18 billion of penalties for violating the federal Clean Water Act.

  • Nov 5- CBS Corp, owner of the most-watched U.S. television network, reported a marginally better-than-expected quarterly profit and revenue, driven by higher distribution revenue from licensing its television shows. CBS, the home of shows such as "Madam Secretary," "Scorpion," and "NCIS: New Orleans," said advertising revenue grew nearly 2 percent to $1.55 billion in...

  • Oct 22- With the closest known U.S. cases of Ebola diagnosed about 160 miles away in Dallas, Cary Griffin is taking no chances. For many, the three cases of Ebola diagnosed in the United States so far since late September represent a new potential disaster and a reason to run to the store. Chad Huddleston, an anthropologist at the University of Southern Illinois at...

  • Britain's Court of Appeal last week overturned a previous High Court ruling that the LME's consultation on linking load-in and load-out rates at log-jammed warehouses was unlawful. This, however, looks little more than defiant posturing, given that the Court of Appeal expressly denied it the right of further appeal. Just a shame then that the two aluminium...

  • DALLAS/ NEW YORK, Oct 6- The fifth American to contract Ebola in West Africa arrived in the United States for treatment on Monday as the first patient diagnosed with the deadly virus on U.S. soil fought for his life at a Dallas hospital, officials said. A private plane carrying Ashoka Mukpo, a freelance cameraman for NBC News who contracted Ebola in Liberia, landed in...

  • DALLAS/ NEW YORK, Oct 6- The first person diagnosed with Ebola in the United States was fighting for his life at a Dallas hospital and appeared to be receiving none of the experimental medicines for the virus, a top U.S. health official said. Thomas Eric Duncan became ill after arriving in Texas from Liberia two weeks ago, heightening concerns that the worst Ebola...

  • DALLAS/ NEW YORK, Oct 5- The first person diagnosed with Ebola in the United States was fighting for his life at a Dallas hospital on Sunday and appeared not to be receiving any of the experimental medicines for the virus, a top U.S. medical official said. Thomas Eric Duncan became ill after arriving in the Texas city from Liberia two weeks ago, heightening concerns...

  • DALLAS, Oct 5- The first person to develop Ebola in the United States was struggling to survive at a Dallas hospital on Sunday after his condition worsened to critical, the director of the U.S. Centers for Disease Control said. Thomas Eric Duncan became ill after arriving in the Texas city from Liberia two weeks ago- heightening concerns that the worst Ebola...

  • COLUMN-Andy Home: Who's got all the copper? Thursday, 25 Sep 2014 | 8:01 PM ET

    LONDON, Sept 26- September has been a cruel month for industrial metals, with prices sinking pretty much across the board.

  • HOUSTON, Sept 24- BP Plc cannot recoup what it says were inflated claims paid under a multi-billion dollar settlement program to compensate people hurt by the 2010 Gulf of Mexico oil spill, a U.S. judge ruled on Wednesday. U.S. District Court Judge Carl Barbier in New Orleans has thrown out many of those complaints and turned the company down again on Wednesday.

  • HOUSTON, Sept 24- A U.S. judge has ruled that BP Plc cannot recoup what it says were inflated claims paid under a multi-billion dollar settlement program to compensate people hurt by the 2010 Gulf of Mexico oil spill, NOLA.com reported on Wednesday.

  • LONDON, Sept 19- The zinc rally has run out of steam. But the benchmark LME three-month price has over the last couple of weeks retreated from above $2,400 per tonne to a current $2,260. The LME's Commitments of Traders Report showed money managers trimming their net long position by 12,271 lots, or 306,775 tonnes, in the week to Sept. 12.

  • US STOCKS-Wall St edges higher after Fed; Dow sets record Wednesday, 17 Sep 2014 | 4:42 PM ET

    NEW YORK, Sept 17- U.S. stocks edged higher in volatile trading on Wednesday after the U.S.

  • COLUMN-Who cares about the lead market?: Andy Home Friday, 12 Sep 2014 | 7:03 AM ET

    LONDON, Sept 12- On Tuesday this week base metals prices tumbled. Shanghai traders led the bear charge, which spilled over into London, where the subsequent sell-off was accelerated by technical traders of all shapes and sizes.

  • NEW YORK, Sept 5- A U.S. court ruling that dramatically ramped up BP Plc's potential penalties for the 2010 Gulf oil spill could create new liability risks not just for deep water drillers but also for other industries like mining and nuclear power generation.

  • BP can absorb new oil spill fine, analysts say Friday, 5 Sep 2014 | 3:56 AM ET

    LONDON, Sept 5- BP should be able to meet the cost of up to $18 billion of new fines for the 2010 Gulf of Mexico oil spill without major asset sales or a big cut in its dividend, analysts say.