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  • Aug 27- Overheating worries at home are driving Canada's homebuilders south of the border where they buy up rural land, betting on a recovery in the U.S. suburban housing market even as many local players remain on the sidelines.

  • Business Highlights Tuesday, 26 Aug 2014 | 5:41 PM ET

    Burger King plans expansion of Tim Hortons. Burger King said Tuesday it will buy Tim Hortons in an $11 billion deal that would create the world's third largest fast-food chain.

  • *Best Buy tumbles after results, DSW rises. *Digital Ally gains further, up over 250 pct in August. NEW YORK, Aug 26- U.S. stocks edged higher on Tuesday to lift the S&P 500 just a hair above the 2,000 mark, its first close above that milestone, after data that pointed to a brighter future for the economy.

  • Correction: Obit-Sperling story Tuesday, 26 Aug 2014 | 1:44 PM ET

    PHOENIX— In a story Aug. 25 about death of University of Phoenix founder John Sperling, The Associated Press reported erroneously the day that Sperling died. John Sperling, University of Phoenix founder, dies. John Sperling, founder of for-profit University of Phoenix, dies at 93 near San Francisco.

  • US home price gains slow in June Tuesday, 26 Aug 2014 | 9:11 AM ET

    Las Vegas led with a 15.2 percent gain. But prices in Las Vegas, Phoenix, Miami and Tampa, Florida, are still at least 33 percent below their housing bubble peaks of almost a decade ago. But buying remains 4.3 percent below the July 2013 level, according to the National Realtors Association.

  • Sony PlayStation network KO'ed by cyberattack Monday, 25 Aug 2014 | 7:21 AM ET

    Separately, a flight carrying Sony Online Entertainment President John Smedley was diverted to Phoenix while the online attack was happening.

  • John Sperling, University of Phoenix founder, dies Monday, 25 Aug 2014 | 1:40 AM ET

    Enchanted by the likes of Fyodor Dostoyevsky and F. Scott Fitzgerald, Sperling began a journey through higher education that ultimately led to his founding of the University of Phoenix, a for-profit institution.

  • Sony PlayStation Network taken down by attack Sunday, 24 Aug 2014 | 9:21 PM ET

    Aug 24- Sony Corp said on Sunday its PlayStation Network was taken down by a denial of service-style attack and the FBI was investigating the diversion of a flight carrying a top Sony executive amid reports of a claim that explosives were on board.

  • Indonesia's chief economics minister, Chairul Tanjung, said he had got to a point where he felt only talking directly to the 76- year-old U.S. mining legend might break a deadlock in the six-month row, which had already cost Southeast Asia's top economy more than $1 billion and put thousands of jobs at risk.

  • GM opens IT center in Phoenix, Arizona Friday, 22 Aug 2014 | 12:00 PM ET

    Aug 22- General Motors Co said it opened a fourth IT center in the United States in Phoenix, Arizona as it aims to improve performance and cut operational costs. The automaker said it expects to hire 1,000 employees at the center over the next five years. GM's three other IT centers are in Warren, Michigan, in Austin, Texas and in Roswell, Georgia.

  • PetSmart to consider selling itself Tuesday, 19 Aug 2014 | 6:39 PM ET

    Bowing to pressure from investors, PetSmart Inc. said Tuesday that it is considering putting itself up for sale. Investment firm Longview Asset Management and hedge fund Jana Partners have both called on PetSmart to sell itself, a move they say would benefit shareholders.

  • Correction: SmallBiz-Autistic Owners story Friday, 15 Aug 2014 | 3:31 PM ET

    NEW YORK— In a story Aug. 13 about business owners with autism, The Associated Press reported erroneously the name and abbreviation of the Southwest Autism Research& Resource Center, or SARRC. NEW YORK— When Matt Cottle asked his boss to let him work in the supermarket's bakery, she told him he'd never do anything more than collect grocery carts.

  • Three-wheeled Elio gets closer to going on sale Friday, 15 Aug 2014 | 3:00 AM ET

    Elio Motors wants to revolutionize U.S. roads with its tiny car, which is the same length as a Honda Fit but half the weight. Phoenix- based Elio plans to start making the cars next fall at a former General Motors plant in Shreveport, Louisiana.

  • Washington gets dust storm in Western weather swap Thursday, 14 Aug 2014 | 7:06 AM ET

    PHOENIX— Storms in the Western U.S. have created an odd coincidence and something of a weather swap in Arizona and Washington. Weather experts say the dust storms, called haboobs, typically occur in Arizona, Africa's Sahara desert and parts of the Middle East because of dry conditions and large amounts of sand, but they can occasionally show up elsewhere.

  • *Shares cut losses, Bunds pare gains as Iraq concerns settle. President Barack Obama' s decision to authorize air strikes in Iraq, but most equity markets rebounded from overnight lows.

  • NEW YORK, Aug 7- Freeport-McMoRan Inc has contacted potential buyers about selling its onshore oil wells in California, which could fetch as much as $5 billion, people familiar with the matter said.

  • Shares of the oil sands producer surged as much as 4.8 percent after Athabasca Chief Executive and President Sveinung Svarte said Wednesday a C $1.23 billion deal with PetroChina Co Ltd to complete its takeover of the Dover project would close within a "reasonable time frame."

  • Aug 6- Canadian oil sands producer Athabasca Oil Corp reported a bigger quarterly loss as it set aside C $49 million to settle some claims by PetroChina Co Ltd's Phoenix Energy Holdings Ltd..

  • In the latest sign that the problem persists, researchers at the federally funded MITRE lab said this week that many customers of Intel Corp still had not adopted revised security designs Intel distributed in March after the MITRE team found new vulnerabilities in the start-up process.

  • Wizz Air to keep growing as east Europeans fly more Thursday, 17 Jul 2014 | 2:30 AM ET

    *Wizz Air has grown to be biggest low-cost carrier in eastern Europe. Organic expansion in the region and as far afield as Moscow, Tel-Aviv or Dubai is set to continue while a new phase of growth is likely to come from Wizz Air exploiting the difficulties of state-backed regional airlines that are struggling to survive.