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  • May 3- The International Monetary Fund is close to declaring China's yuan fairly valued for first time in more than a decade, the Wall Street Journal reported on Sunday.

  • AmEx to roll out loyalty program Plenti on Monday Sunday, 3 May 2015 | 5:02 PM ET

    NEW YORK— American Express will roll out its new loyalty program, Plenti, on Monday, allowing U.S. shoppers for the first time to earn rewards points through a variety of purchases, from paying a phone bill to filling up at the pump. Users can join for free and don't have to be American Express members. "It will really be the first time where U.S. consumers, on a single...

  • NEW YORK— Intuit is looking to draft another small business for some air time in football's biggest game. The winner will get the kind of exposure that big brands like Budweiser, Chevrolet and Microsoft pay millions to get. The winner of the first contest, toy maker GoldieBlox, saw its sales soar after it won Intuit's competition and had a commercial in the 2014...

  • LONDON— Britain's retailers might just be rejoicing as much as Kate and Wills about the birth of a new baby princess. "The royals having a baby girl is most likely to result in a financial windfall for everyone— U.K. tourism and retailers alike," said Tonya Williams Bradford, a marketing expert at the University of Notre Dame in Indiana. People want to copy what the...

  • WEST CHARLTON, N.Y.— In an online profile of "Our Farmers," New York City milk bottler Elmhurst Dairy tells the story of how David Wood bought his first two calves as a part-time hobby in 1970 and grew his Saratoga County farm to more than a thousand Holsteins, whose milk is trucked every day to its plant in Queens. Elmhurst abruptly cut ties with Wood's seven-farmer...

  • Some make nothing at all when Congress is in recess. Members of the House and Senate collect their $174,000 annual salaries whether Congress is making laws, taking a break or causing a partial government shutdown. "This is the most important building in the world," said Sontia Bailey, who works the cash register and stocks the shelves at the "Refectory" takeout on the...

  • BEIJING— A pilot said Sunday that he is anxious but excited about flying a solar plane solo from China to Hawaii on the longest leg of the first attempt to fly around the world without a drop of fuel. The 8,175- kilometer flight from Nanjing in eastern China to Hawaii— which may take off Thursday, depending on weather— is the seventh of 12 flights.

  • *Buffett defends 3 G cost-cutting, Clayton Homes. OMAHA, Neb., May 2- Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he is gone. "It's not Disneyland, it's Warrenland," said David Rolfe, chief...

  • OMAHA, Neb., May 2- Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he's gone. "It's not Disneyland, it's Warrenland," said David Rolfe, chief investment officer of Wedgewood Partners Inc..

  • OMAHA, Neb., May 2- Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire fielded questions about the company and its future, and explained some business practices. Berkshire owns more than 80 companies including the Burlington Northern railroad, Geico car insurance,...

  • Police in Portland, Oregon, say an initially peaceful May Day demonstration turned violent Friday evening as a splinter group hurled chairs and other objects at officers. The Burnside Bridge over the Willamette River was closed for about a half-hour during the height of the evening commute when protesters tried to force their way across.

  • NEW YORK— A computer programmer accused of stealing confidential Goldman Sachs computer code was found guilty Friday for a second time, after being convicted, cleared and then charged anew by a different prosecutor. This time, a Manhattan jury convicted Sergey Aleynikov of one of three counts against him, following a bizarre trial in which a juror accused...

  • NEW YORK, May 1- New U.S. and Canadian speed limits for oil trains will do little to temper the likelihood and severity of explosive accidents that have grown in frequency over the past two years, critics of new regulations said on Friday. Walking a line between increasing safety and keeping oil shipments moving at a clip on North American rails, regulators...

  • Canada has promised to "harmonize" its regulations with the United States. The decision has angered the North American rail industry, but Transportation Secretary Anthony Foxx said his department believes it will stand up to any legal challenge. The Association of American Railroads, which has lawyers studying the rule, slammed the government for basing its...

  • WASHINGTON, May 1- The United States and Canada have a 400- page plan to control oil train dangers that walks a thin line: promote safety without stifling a business that has spurred domestic oil production. As with many such contentious issues, calls by regulators to retrofit oil tank cars, reduce speeds and require new braking systems in the continent's...

  • *Iraq exports reach 3.08 million bpd in April. NEW YORK, May 1- Oil prices eased off 2015 highs on Friday after Iraq said its crude oil exports hit a record in April, and on pressure from a stronger dollar. June Brent crude fell 32 cents to settle at $66.46 a barrel, after falling to $65.52 and having earlier matched Thursday's 2015 peak of $66.93.

  • May 1- U.S. stocks bounced back sharply on Friday as investors snapped up beaten-down shares in the healthcare and technology sectors, and as data gave further signs of a pickup in the economy. Apple provided the biggest boost to the major indexes, jumping 3 percent to $128.95 in its biggest daily percentage gain since January. The Nasdaq Biotech Index was up 2.9...

  • LinkedIn and Yum Brands are big market movers Friday, 1 May 2015 | 4:37 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. LinkedIn Corp., down $46.92 to $205.21. Daniel Loeb's Third Point hedge fund says it has taken a stake in the parent of KFC, Taco Bell and Pizza Hut and thinks it could soon recover from years of trouble in China.

  • NEW YORK— Stocks are closing higher on the first day of May, erasing much of a loss from the day before. Expedia jumped 8 percent Friday after the online travel company reported sales that beat analysts' estimates. Oil slipped 48 cents, or 0.8 percent, to $59.15 a barrel.

  • NEW YORK, May 1- U.S. prosecutors said Friday their efforts extradite from Spain a former JPMorgan Chase& Co executive charged in connection with the bank's $6.2 billion "London Whale" scandal had hit a dead end. In a filing in Manhattan federal court, prosecutors said Spanish authorities have decided not to appeal an April 23 ruling by a court rejecting the...