New York


  • NEW YORK, July 24- The federal judge who oversaw the trial of five associates of imprisoned swindler Bernard Madoff refused to overturn their convictions for helping their former boss run one of the world's biggest Ponzi schemes.

  • By a 2-1 vote, a panel of the 11th U.S. Circuit Court of Appeals in Miami said on Thursday that U.S. courts lack power to review the claims because all relevant conduct took place outside the country and Chiquita's mere presence in the United States did not confer jurisdiction.

  • NEW YORK, July 24- In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers.

  • *U.S. stocks edge up along with MSCI world index. "The lower-than-expected U.S. initial jobless claims has made people focus on the improving labor market situation," said Ian Lyngen, senior government bond strategist, at CRT Capital in Stamford, Connecticut.

  • US STOCKS-Wall St flat as Caterpillar offsets Facebook Thursday, 24 Jul 2014 | 2:49 PM ET

    *Caterpillar weighs on Dow, Facebook hits record on results. NEW YORK, July 24- U.S. stocks barely budged on Thursday as corporate earnings painted a mixed picture of the economy, though the S&P 500 eked out a record intraday high for the third straight session.

  • NEW YORK, July 24- A mobile app from a law enforcement technology firm could soon allow emergency responders from different agencies to communicate seamlessly with each other in a crisis for the first time, sharing files and conducting impromptu conference calls. The app works on devices running on Google Inc's Android and Apple Inc's iOS operating system.

  • Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals in New York said the FDA was empowered to reject two citizen challenges to its policy, which discourages but does not ban the use of penicillin and some tetracyclines in feed for chickens, cows and pigs, even if they are not sick.

  • *Washington has concerns about Kurdish sales, Iraq split. A sale of Kurdish crude oil to a U.S. refinery would infuriate Baghdad, which sees such deals as smuggling, and raises questions about Washington's commitment to preventing oil sales from the autonomous region.

  • WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction. "The economy is doing better," said Ryan Sweet, a senior economist at Moody's Analytics in West Chester, Pennsylvania.

  • Delta Air Lines to resume Tel Aviv flights Thursday Thursday, 24 Jul 2014 | 1:52 PM ET

    July 24- Delta Air Lines said on Thursday it plans to resume service to Ben Gurion International Airport in Tel Aviv two days after halting flights amid hostilities in the region. United Airlines earlier said that it was resuming flights to and from Tel Aviv.

  • NEW YORK, July 24- Oil futures prices fell on Thursday, as unseasonably weak demand and plentiful supplies of crude and refined products offset strong Chinese factory data that could boost energy demand in the world's No. 2 oil consumer.

  • Midday Glance: Education companies Thursday, 24 Jul 2014 | 1:23 PM ET

    Apollo Group fell$. 11 or. 4 percent, to $29.16. Career Education Corp. fell$. 05 or 1.0 percent, to $5.00. Strayer Education Inc. rose$. 41 or. 8 percent, to $49.80.

  • Midday Glance: Managed Care companies Thursday, 24 Jul 2014 | 1:23 PM ET

    Cigna Corp. rose$. 26 or. 3 percent, to $97.06. Humana Inc. rose$. 70 or. 5 percent, to $133.76. UnitedHealth Group rose$. 06 or. 1 percent, to $86.00.

  • Midday Glance: Railroad companies Thursday, 24 Jul 2014 | 1:23 PM ET

    Canadian National Railway Co. fell$. 55 or. 8 percent, to $68.54. Canadian Pacific Railway Ltd. fell$. 82 or. 4 percent, to $197.69. Kansas City Southern fell$. 08 or. 1 percent, to $115.63.

  • NYSE stocks posting largest percentage increases Thursday, 24 Jul 2014 | 1:23 PM ET

    NEW YORK— A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.:. Under Armour Inc. rose 14.6 percent to $69.48. Clearwater Paper Corp. rose 12.9 percent to $67.88.

  • Midday Glance: Consumer companies Thursday, 24 Jul 2014 | 1:23 PM ET

    Colgate-Palmolive Co. fell$. 09 or. 1 percent, to $68.09. Kimberly-Clark Corp. rose$. 15 or. 1 percent, to $109.65. Procter& Gamble Co. rose$. 05 or. 1 percent, to $80.04.

  • Midday Glance: Department Store Retail companies Thursday, 24 Jul 2014 | 1:23 PM ET

    Kohl's Corp. rose$. 51 or 1.0 percent, to $52.33. Macy's Inc. rose$. 62 or 1.1 percent, to $58.10. Nordstrom rose $1.08 or 1.6 percent, to $68.84.

  • Midday Glance: Biotechnology companies Thursday, 24 Jul 2014 | 1:23 PM ET

    Biogen Idec fell$. 94 or. 3 percent, to $336.66. Celgene Corp. fell $3.22 or 3.6 percent, to $85.90. Gilead Sciences Inc. rose$. 04 or percent, to $90.38.

  • Midday Glance: Beverages companies Thursday, 24 Jul 2014 | 1:23 PM ET

    Coca-Cola Co. rose$. 11 or. 3 percent, to $40.92. Dr Pepper Snapple rose $2.74 or 4.7 percent, to $61.18. Molson Coors Brewing Co. rose$. 24 or. 3 percent, to $72.81.

  • Middday Glance: Tools and Appliances companies Thursday, 24 Jul 2014 | 1:23 PM ET

    General Electric Co. rose$. 08 or. 3 percent, to $25.99. Snap-On rose$. 20 or. 2 percent, to $123.50. Whirlpool Corp. rose$. 82 or. 6 percent, to $146.06.