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  • NEW YORK, April 18- High-speed trading firm Virtu Financial Inc, which has been pursuing an initial public offering, has received a letter of inquiry from the New York attorney general amid a wider probe of the industry, a person familiar with the matter said on Friday.

  • Calpine selling six power plants for $1.57B Friday, 18 Apr 2014 | 12:39 PM ET

    NEW YORK— Independent power producer Calpine said Friday will sell six power plants in the Southeast to LS Power for $1.57 billion.

  • NEW YORK, April 10- A U.S. judge has issued final dismissals of lawsuits accusing Lululemon Athletica Inc and various company officials of defrauding shareholders by concealing defects in yoga pants.

  • In '1971,' an analog precursor to NSA, Snowden Friday, 18 Apr 2014 | 10:39 AM ET

    It's the story of the documentary "1971," premiering Friday at the Tribeca Film Festival, a film about a little-known but hugely important break-in on March 8, 1971. A group of eight calling themselves the Citizens' Commission to Investigate the FBI broke into a laxly guarded satellite FBI office in Media, Pennsylvania, outside Philadelphia.

  • Chobani to expand offerings amid competition Friday, 18 Apr 2014 | 9:49 AM ET

    Later this year, the Norwich, N.Y.- based company will also introduce savory dips, Chief Marketing Officer Peter McGuinness said in a phone interview. But competition has been increasing, with General Mills and Danone investing more heavily in their Greek yogurt brands.

  • 'The Boondocks' back for final 'offensive' season Friday, 18 Apr 2014 | 8:43 AM ET

    NEW YORK— The brash animated series "The Boondocks" returns Monday to Adult Swim for its fourth and final season without Aaron McGruder, the man who spawned it, but with its brashness intact. Martin Luther King Jr. awakening from a decades-long "coma" into a modern world that both disturbed and disappointed him for its lack of social progress.

  • US senator: Metro-North fined $552,000 past decade Friday, 18 Apr 2014 | 6:07 AM ET

    Defects and violations are commonly found during inspections and audits, a spokesman for the Federal Railroad Administration said, and Metro-North said it has been implementing significant measures to improve safety. The railroad had two derailments last year, one in New York City that left four passengers dead and one in Bridgeport that injured dozens.

  • 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.

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