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  • *Oil may have hit bottom, could rise soon, says OPEC's Badri. SINGAPORE, Jan 27- Oil gave up early gains with Brent futures slipping below $48 on Tuesday as a stronger dollar weighed, offsetting comments from producer group OPEC that prices may have found a floor. "OPEC's Secretary General commented yesterday that prices may have bottomed, but there was no imminent...

  • With memories still fresh of Sandy, a superstorm that ravaged the East Coast in 2012, the governors of six East Coast states declared emergencies. The National Weather Service in New York said roughly 5.5 inches of snow had fallen in the Manhattan's Central Park by early Tuesday and nearly nine inches were recorded on parts of Long Island.

  • TOKYO— The plight of freelance journalist Kenji Goto, taken captive by Islamic State group militants, has gripped Japan, and the people's hopes for his safety are now on Facebook with a simple, unifying plea: "I am Kenji." "We want Kenji to come home," said Taku Nishimae, a Japanese filmmaker living in New York, who started the "I am Kenji" Facebook page, right after seeing last...

  • NEW YORK, Jan 27- Blackstone Group LP, the world's largest alternative asset manager, is raising its first energy-focused credit fund, according to people familiar with the matter, the latest sign that private equity firms are seeing investment opportunities among distressed energy assets. GSO Capital Partners LP, Blackstone's credit investment arm, has...

  • Northeast, affecting up to 20 percent of Americans by making workers and students housebound, halting thousands of flights and prompting New York to ban cars from roads and halt subway trains. With memories still fresh of Sandy, a superstorm that ravaged the East Coast in 2012, the governors of six East Coast states declared emergencies, and the snow blast...

  • *Wall Street action curtailed by blizzard. The main European indices were expected to open higher, though foul weather in the United States will curb activity on Wall Street. Other moves were mostly modest and MSCI's broadest index of Asia-Pacific shares outside Japan was flat on the day.

  • NEW YORK— The huge snowstorm that hit the Northeast Monday had some small companies hunkering down and others coping with a spike in business. Many of the trips his Freehold, New Jersey- based company, Concorde Worldwide, makes are to airports, but more than 7,000 flights have been canceled through Wednesday, including those to nearby Newark Liberty...

  • U.S. securities class action lawsuits shrink in size Tuesday, 27 Jan 2015 | 12:01 AM ET

    Losses claimed by shareholders, measured by how much stock prices fell when alleged frauds were disclosed, shrank 45 percent in 2014 to an eight-year low of $57 billion, a study released Tuesday by Cornerstone Research and Stanford Law School showed. The average size dropped to $34 million, a three-year low, in 2014 from $86 million a year earlier, a study released...

  • BOSTON— A JetBlue flight has returned to the gate before takeoff from Boston because of an unspecified threat, but authorities say nothing hazardous has been found. Massachusetts state police spokesman David Procopio says passengers were taken off Flight 321 to Palm Beach, Florida, on Monday night. New York- based JetBlue Airways Corp. spokesman Sebastian...

  • *Oil may have hit bottom, could rise soon, says OPEC's Badri. SINGAPORE, Jan 27- Brent crude oil prices held above $48 on Tuesday following comments from OPEC that prices may have found a floor. "OPEC's Secretary General commented yesterday that prices may have bottomed, but there was no imminent prospect of OPEC producers sitting down to discuss cutbacks until...

  • *Wall Street action curtailed by blizzard. SYDNEY, Jan 27- Asian share markets were mostly firmer on Tuesday and the euro clung to rare gains, relieved that European equities had weathered Greece's election outcome without much disruption. Bad weather in the United States curbed activity on Wall Street in a busy week for earnings, while investors had reason for...

  • The storm has led to the postponement of at least two conferences and quarterly results of several companies, including EMC Corp. The New York Stock Exchange, Intercontinental Exchange Inc, Nasdaq OMX Group Inc and BATS Global Markets were open on Monday and expect to be open on Tuesday. JPMorgan Chase& Co Closed New York. New York and as Ocean City, New Jersey and...

  • *Wall Street action curtailed by blizzard. SYDNEY, Jan 27- Asian shares moved higher on Tuesday and the euro clung to rare gains, relieved that European markets had weathered Greece's election outcome without much disruption. Bad weather in the United States curbed activity on Wall Street in a busy week for earnings, while investors had reason for caution as the...

  • The common currency last traded at $1.1245, off Monday's low of $1.1098- a level not seen since September 2003. However, buyers emerged in London and New York. "Perhaps the market rightly or wrongly is pinning some hopes on Mr Tsipras being more conciliatory," David de Garis, senior economist at National Australia Bank, wrote in a note to clients.

  • The SEC approved it in a split vote, with the agency's two Republican commissioners dissenting over concerns it might create a windfall for class action attorneys. One researcher at Emory University found that of all the fair funds ever created by the SEC to compensate insider-trading victims, this will be the largest in history. The creation of the fund comes...

  • Northeast on Monday, creating havoc for more than 60 million people and forcing New York City to shut down on a scale not seen since Superstorm Sandy devastated the region in 2012.. New York, New Jersey, Connecticut, Rhode Island and Massachusetts declared states of emergencies as people were urged to stay home with transit systems, including the New York City...

  • WASHINGTON— Senate Democrats temporarily stalled progress Monday on a bill to approve the Keystone XL oil pipeline, the top priority of the Republican-controlled Congress. In a 53-39 vote, the Senate blocked an attempt by Republican leaders to wind down debate. The vote caps a partisan dispute— which had the Senate working into the early hours last Friday— over...

  • Final Glance: Medical Devices companies Monday, 26 Jan 2015 | 6:04 PM ET

    Allergan rose $3.66 or 1.6 percent, to $227.83. Baxter International Inc. fell$. 55 or. 8 percent, to $70.88. Boston Scientific Corp. rose$. 12 or. 8 percent, to $14.96.

  • Final Glance: Managed Care companies Monday, 26 Jan 2015 | 6:04 PM ET

    Cigna Corp. fell$. 56 or. 5 percent, to $109.41. Humana Inc. rose$. 53 or. 3 percent, to $152.00. UnitedHealth Group fell$. 39 or. 3 percent, to $111.61.

  • Final Glance: Consumer companies Monday, 26 Jan 2015 | 6:04 PM ET

    Colgate-Palmolive Co. fell$. 85 or 1.3 percent, to $66.29. Kimberly-Clark Corp. fell $1.80 or 1.6 percent, to $109.85. Procter& Gamble Co. fell$. 50 or. 6 percent, to $89.58.