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  • Venture investments highest since 2001 Friday, 18 Apr 2014 | 12:02 AM ET

    Startup investments totaled $9.47 billion in the first three months of the year, up from $6.01 billion in the first quarter of 2013. It was the highest since the second quarter of 2001, when investments reached $11.5 billion. Since March, shares of companies such as Netflix, Twitter and Facebook have sagged.

  • NEW YORK, April 17- Several major U.S. music companies sued Pandora Media Inc on Thursday, accusing the online streaming service of cheating them out of royalties by playing thousands of pre-1972 recordings without paying royalties.

  • Apartheid abuse cases against Ford, IBM go ahead Thursday, 17 Apr 2014 | 7:58 PM ET

    NEW YORK— A federal judge on Thursday declined to toss out decade-old lawsuits that accuse IBM Corp. and Ford Motor Co. of supporting apartheid by letting their subsidiaries sell computers and cars to the South African government.

  • SAN FRANCISCO/ HONG KONG, April 17- Weibo Corp executives on Thursday toasted the Chinese social media firm's debut at Nasdaq's New York headquarters.

  • DETROIT, April 17- The federal judge overseeing Detroit's historic bankruptcy case has revived the idea of a regional water authority and also suggested the city may need court oversight after it emerges from bankruptcy.

  • NEW YORK, April 17- Several major U.S. music companies sued Pandora Media Inc on Thursday, accusing the online streaming service of cheating them out of royalties by playing thousands of pre-1972 recordings without paying royalties.

  • UPDATE 1-Virtu IPO timing not set in stone -source Thursday, 17 Apr 2014 | 6:25 PM ET

    April 17- High-speed trading firm Virtu Financial Inc has not set a date to go to market with its initial public offering at this time, according to a person familiar with the matter. Shares of KCG Holdings, a firm that engages in electronic market making practices similar to Virtu, are down 16.7 percent since the beginning of April.

  • Final Glance: Drug Benefits companies Thursday, 17 Apr 2014 | 6:01 PM ET

    NEW YORK— Shares of some top drug benefits companies were mixed at the close of trading:. CVSCaremark rose$. 11 or. 1 percent, to $73.74. Express Scripts Holding Co. fell$. 89 or 1.2 percent, to $72.29.

  • NEW YORK, April 17- Ford Motor Co and IBM Corp will again have to face a U.S. lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue such cases.

  • Michaels confirms breach of as many as 2.6M cards Thursday, 17 Apr 2014 | 5:29 PM ET

    NEW YORK— Michaels Stores Inc. said Thursday that about 2.6 million cards, or about 7 percent of all debit and credit cards used at its namesake stores, may have been affected in a security breach. The nation's largest arts and crafts chain said its subsidiary Aaron Brothers was also attacked, with about 400,000 cards potentially affected.

  • Advanced Micro Devices pares 1Q loss as sales grow Thursday, 17 Apr 2014 | 5:23 PM ET

    AMD said it lost $20 million, or 3 cents per share, after it took a loss of $146 million, or 19 cents per share, in 2013. The company said it earned 2 cents per share if one-time items are excluded. Revenue grew 28 percent, to $1.4 billion from $1.09 billion.

  • NEW YORK, April 17- Former Goldman Sachs Group Inc director Rajat Gupta is expected to begin his two-year prison term on June 17 for insider trading. District Judge Jed Rakoff in Manhattan directed Gupta to surrender by 2:00 p.m. EDT on that date to start serving his sentence, according to an order issued on Thursday.

  • Auto airbag maker Continental named in GM recall suit Thursday, 17 Apr 2014 | 5:15 PM ET

    April 17- Plaintiffs' lawyers are seeking to draw Continental Automotive Systems US, the maker of airbag systems in recalled General Motors Co vehicles, into litigation over an ignition-switch defect that has been linked to 13 deaths.

  • Sears' shares rally on director's stock buys Thursday, 17 Apr 2014 | 4:58 PM ET

    NEW YORK— Sears Holdings Corp. shares got a lift on Thursday, after company director Thomas Tisch increased his stake in the retailer. The rise comes as Sears, controlled by Chairman and CEO Eddie Lampert, is shifting its focus from running a store network to a member-focused business— loyal shoppers receive incentives to buy.

  • Record labels sue Pandora over older songs Thursday, 17 Apr 2014 | 4:55 PM ET

    The labels, including divisions of Sony, Warner and Universal, argue that songs such as Aretha Franklin's "Respect" and the Beatles' "Hey Jude" are not covered by federal copyright law, but they have been protected in common law by states including New York.

  • Aereo CEO speaks on future of company, industry Thursday, 17 Apr 2014 | 4:46 PM ET

    NEW YORK— The future of Aereo, an online service that provides over-the-air TV channels, hinges on a battle with broadcasters that goes before the U.S. Supreme Court next week. For as little as $8 a month, Aereo subscribers in New York and 10 other markets can watch shows live or record them using Aereo's online digital video recorder.

  • How Chipotle's average sales per restaurant rank Thursday, 17 Apr 2014 | 4:34 PM ET

    In a call with analysts, Chipotle's Chief Financial Officer Jack Hartung said the strong performance pushed the company's average annual sales to more than $2.2 million per restaurant for the first time. McDonald's, for instance, has long outpaced Burger King and Wendy's in part because of the popularity of its breakfast menu.

  • Barnes & Noble and IBM are big market movers Thursday, 17 Apr 2014 | 4:32 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Western Union Co., down 80 cents to $15.25. Barnes& Noble Inc., down $2.23 to $16.37.

  • Herbalife discloses investigation in Illinois Thursday, 17 Apr 2014 | 4:23 PM ET

    NEW YORK— Nutritional supplements and weight-loss products maker Herbalife is being investigated by the attorney general of Illinois. Herbalife says it will work with the attorney general's office, and that it is confident in the integrity of its business and its compliance with the law. Herbalife shares fell 17 cents to $55.10 on Thursday.

  • Muscle cars out in force at New York auto show Thursday, 17 Apr 2014 | 4:22 PM ET

    NEW YORK— Who says America has lost its muscle? Sure, there's something called the EV Pavilion, where visitors can ride around in a plug-in hybrid. Ford kicked off the show by putting a bright yellow 2015 Mustang on the 86th floor of the Empire State Building.

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