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  • Oct 23- Touchscreen chip maker Synaptics Inc reported lower-than-expected first-quarter revenue and profit, hurt by weak demand from smartphone makers, sending its shares down 13 percent in extended trading. "Given that certain Samsung designs that have come out recently are not using Synaptics touch IC products, we think that would probably be a real driver...

  • Oct 23- Touchscreen chip maker Synaptics Inc reported lower-than-expected first-quarter revenue and profit, hurt by weak demand from smartphone makers, sending its shares down 13 percent in extended trading. "Given that certain Samsung designs that have come out recently are not using Synaptics touch ID products, we think that would probably be a real driver...

  • Strong dollar hurts profits of U.S. companies Tuesday, 21 Oct 2014 | 5:49 PM ET

    Coca Cola Co and McDonald's Corp on Tuesday became the latest multinationals to get sideswiped by the surging U.S. currency, which typically crimps demand for U.S. exports and reduces the value of overseas sales when they are translated back into U.S. dollars. McDonald's forecast currency to cut fourth-quarter earnings per share by 5 cents to 6 cents, after...

  • *Industrial output posts biggest gain since November 2012. WASHINGTON, Oct 16- The number of Americans filing new claims for jobless benefits fell to a 14- year low last week and industrial output rose sharply in September, positive signals that helped ease fears over the economic outlook. Initial claims for state unemployment benefits dropped 23,000 to...

  • WRAPUP 3-Data show U.S. economy's pulse is still strong Thursday, 16 Oct 2014 | 10:59 AM ET

    *Industrial output posts biggest gain since November 2012. WASHINGTON, Oct 16- The number of Americans filing new claims for jobless benefits fell to a 14- year low last week and industrial output rose sharply in September, positive signals that could help ease fears over the economic outlook. Initial claims for state unemployment benefits dropped 23,000 to...

  • NEW YORK, Oct 12- The missteps in Dallas's handling of the first Ebola case diagnosed in the United States have revealed an uncomfortable reality: state and city plans for handling the deadly virus are based on generic recommendations for everything from measles to floods, to hurricanes and dirty bombs. Reuters checks with health departments in six states and...

  • NEW YORK, Oct 11- The missteps in Dallas's handling of the first Ebola case diagnosed in the United States have revealed an uncomfortable reality: state and city plans for handling the deadly virus are based on generic recommendations for everything from measles to floods, to hurricanes and dirty bombs. Reuters checks with health departments in six states and...

  • *U.S. war funds finally approved to fight Ebola in West Africa. Oct 10- A commercial plane was briefly quarantined on a Las Vegas airport tarmac on Friday, sending airline shares down as worldwide fears increased that Ebola could spread outside West Africa, where it has killed more than 4,000 people. Airline and hospital officials said a Delta Air Lines plane was...

  • NEW YORK, Oct 8- U.S. short- and intermediate-dated Treasuries yields fell Wednesday after traders viewed the minutes from the Federal Reserve's latest policy meeting as suggesting a continued accommodative stance on monetary policy. "That seems to be the new mantra from the more dovish members of the FOMC: that while, by some headline metrics, it might make sense...

  • Oct 6- Wealthy Americans contributed less of their incomes to charity while low and middle-income residents gave more in the years surrounding the Great Recession, according to a newly released report by The Chronicle of Philanthropy. Idaho, Georgia, Connecticut and Florida also ranked high on the list of increased givers. Utah residents gave the biggest...

  • Bingham is in talks to combine with Morgan, Lewis& Bockius of Philadelphia in a deal that could be approved as soon as this month, and Bingham could file for bankruptcy if the deal doesn't go through, management has told people at the firm. In a firm meeting last week, Bingham managing partner Steven Browne told partners that the firm was exploring other options...

  • Bingham is in talks to combine with Morgan, Lewis& Bockius of Philadelphia in a deal that could be approved as soon as this month, and Bingham could file for bankruptcy if the deal doesn't go through, management has told people at the firm. In a firm meeting last week, Bingham managing partner Steven Browne told partners that the firm was exploring other options...

  • Oct 1- A former executive at GSI Commerce Inc was sentenced on Wednesday to 15 months in prison for insider trading related to the 2011 takeover of the e-commerce company by online retailer eBay Inc..

  • HARRISBURG, Penn., Oct 1- A Pennsylvania judge on Tuesday rejected the cash-strapped city of Scranton's bid to solve its municipal pension woes with a new commuter tax. Senior Judge John Braxton of Philadelphia, who heard the case in Lackawanna County Court of Common Pleas, said the city could not impose a commuter tax unless it levied the same tax on residents.

  • NEW YORK, Sept 25- U.S. Treasuries yields fell on Thursday after a drop in U.S. stocks triggered safe-haven bids and reported comments from European Central Bank President Mario Draghi drove down rates in the euro zone, making U.S. yields more attractive.

  • NEW YORK, Sept 25- U.S. stocks were sharply lower moving into the latter stages of trading on Thursday, weighed down by a drop in Apple shares, as each of the major indexes fell more than one percent and the S&P broke below a key support level.

  • Sept 22- Philadelphia Federal Reserve Bank President Charles Plosser, whose vocal discomfort with the U.S. central bank's super-easy monetary policy marks him as one of its hawkish policymakers, will retire on March 1, 2015, the regional Fed bank said on Monday.

  • Philly Fed President to retire     Monday, 22 Sep 2014 | 10:12 AM ET

    CNBC's Steve Liesman reports Philadelphia Federal Reserve President Charles Plosser will retire in March.

  • Philly Fed President Plosser to retire in March Monday, 22 Sep 2014 | 10:06 AM ET
    Charles Plosser, president of the Federal Reserve Bank of Philadelphia.

    Philadelphia Federal Reserve President Charles Plosser announced on Monday that he will retire on March 1 of next year.

  • EXCLUSIVE-LAW FIRMS BINGHAM, MORGAN LEWIS, AGREE TO MERGE. Sept 20- Leaders of two of the United States' largest law firms, Boston- based Bingham McCutchen and Philadelphia's Morgan Lewis& Bockius, have agreed to merge, according to three people familiar with the matter.