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  • With legalization, lawyers turn to business of pot Saturday, 25 Apr 2015 | 10:42 AM ET

    "It's definitely something that established firms are dipping a toe into, though they are being very cautious, and rightly so," said Sam Kamin, a professor at the University of Denver Sturm College of Law who teaches a class about representing the marijuana industry. California and more than 20 other states have legalized the drug for medical use, and the pot...

  • April 24- Starbucks Corp said on Friday night that an outage affecting payment systems at a number of its stores in the United States and Canada had been resolved. "The point of sale register outage has been resolved and all Starbucks stores in the U.S. and Canada are expected to open for business as usual on Saturday," a statement on the company's website said.

  • NEW YORK, April 24- The Nasdaq's March 2000 peak brought with it a plethora of colorful personalities- Wall Street analysts, bankers and tech moguls- who saw their reputations tarnished once the bubble burst. Then: In his initial heyday, Henry Blodget called Amazon's success early and earned $12 million a year analyzing internet stocks at brokerage Merrill Lynch.

  • *Fifty line up at one Tokyo store, more in Berlin. NEW YORK/ TOKYO, April 24- The Apple Watch launched quietly around the world on Friday without the usual frenzy or fanfare for an Apple Inc rollout, as a handful of boutiques in major cities like Tokyo and Paris sold the timepiece- but not for purchase at its own stores. Shops included The Corner in Berlin, Colette in Paris,...

  • NEW YORK— Technology startups and New York authorities will get each other's input on dealing with regulations under an initiative announced Friday by the state attorney general and New York City's chief lawyer. "This will help new companies navigate our regulatory system, but it will also provide insights to the state and local government about outdated or...

  • NEW YORK, April 24- The Nasdaq's March 2000 peak brought with it a plethora of colorful personalities- Wall Street analysts, bankers and tech moguls- who saw their reputations tarnished once the bubble burst. Then: In his initial heyday, Henry Blodget called Amazon's success early and earned $12 million a year analyzing internet stocks at brokerage Merrill Lynch.

  • SAN FRANCISCO/ CHICAGO, April 24- The UK- based trader accused by U.S. authorities of making more than $40 million manipulating markets and contributing to the 2010 Wall Street flash crash was on the losing end of at least one trade: his purchase of the CME Group seat that helped to make the alleged scheme possible. Navinder Sarao bought the seat in May 2008 for...

  • *Fifty line up at one Tokyo store, more in Berlin. TOKYO, April 24- A small group of Japanese tech-addicts lined up in Tokyo to become the first consumers to buy the Apple Watch from selected stores on Friday, but there was no sign of the frenzy that usually accompanies Apple Inc product rollouts. They include The Corner in Berlin, Colette in Paris, Maxfield in Los...

  • JMP reports 1Q loss Friday, 24 Apr 2015 | 8:30 AM ET

    SAN FRANCISCO _ JMP Group Inc. on Friday reported a first-quarter loss of $1.9 million, after reporting a profit in the same period a year earlier. The San Francisco- based bank said it had a loss of 9 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • SAN FRANCISCO, April 24- Former National Security Agency Director Keith Alexander has asked the U.S. intelligence agency to review patent filings by his company to make sure that they do not reveal any secrets or misappropriate any government work. Alexander told Reuters he took the step to head off additional controversy about IronNet Cybersecurity, a...

  • TOKYO, April 24- The Apple Watch launched globally on Friday with a small queue of Japanese tech-addicts lining up in Tokyo for Apple Inc's first wearable gadget, but there was no sign of the excitement usually attached to the company's product rollouts. Buyers can take the smartwatch home from a handful of upscale boutiques and department stores, including The...

  • TOKYO, April 24- The Apple Watch launched globally on Friday with a small queue of Japanese tech-addicts lining up in Tokyo for Apple Inc's first wearable gadget, but there was no sign of the excitement usually attached to the company's product rollouts. Buyers can take the smartwatch home from a handful of upscale boutiques and department stores, including The...

  • WASHINGTON/ CHICAGO, April 23- The Briton blamed for contributing to the May 2010 Wall Street flash crash maintained frenetic relationships with a series of brokers, banks and software firms that appear to mirror his rapid-fire trading activity, U.S. court documents showed. Navinder Singh Sarao, 36, was arrested in London on criminal charges this week, and...

  • Google lavishes chairman with $109 million pay package Thursday, 23 Apr 2015 | 7:56 PM ET

    SAN FRANCISCO— Google paid its billionaire Executive Chairman Eric Schmidt nearly $109 million last year while the company's stock slumped. It was the largest stock package that Schmidt has received since 2011 when Google Inc. awarded him a bundle valued at $94 million at the time he relinquished the CEO's job to company co-founder Larry Page.

  • WASHINGTON/ CHICAGO, April 23- The Briton blamed for contributing to the May 2010 Wall Street flash crash maintained frenetic relationships with a series of brokers, banks and software firms that appear to mirror his rapid-fire trading activity, court documents showed. Navinder Singh Sarao, 36, was arrested in London on criminal charges this week, and...

  • SAN FRANCISCO— Microsoft is changing its business. CEO Satya Nadella has been investing in new services and redesigning Microsoft's most popular programs for smartphones and other mobile gadgets. But a continuing slump in the PC industry has caused Microsoft's stock to flounder in recent months, marking the end of a honeymoon year in which shares rose...

  • US STOCKS-Nasdaq sets closing record Thursday, 23 Apr 2015 | 4:46 PM ET

    *Nasdaq tops March 10, 2000 high of 5048.62. Its record close of 5,056.06 capped a slow, unsteady climb from a 2002 low of 1,114.11 that spanned a recession, the rise of biotech and social media, and the explosive growth of mobile phones that has helped make Apple the most valuable company in the United States. The index's last record close of 5,048.62 was hit on March...

  • Google's 1Q reassures investors despite earnings miss Thursday, 23 Apr 2015 | 4:36 PM ET

    Google's first-quarter earnings rose 4 percent from last year to $3.6 billion as the company's Internet-leading advertising network lifted revenue by 14 percent to $17.3 billion. After accounting adjustments, Google said it would have earned $6.57 per share, four cents below the estimates among analysts polled by FactSet. The market also had been bracing...

  • *Oil rises on Middle East concern. NEW YORK, April 23- U.S. stocks rose on Thursday, with the Nasdaq index hitting a record closing high, as corporate earnings and a rise in energy shares overshadowed soft U.S. economic data, while oil prices climbed to the highest levels of the year. said Walter Price, senior portfolio manager and managing director of the AllianzGI...

  • *Nasdaq breaches closing record last hit in March 2000. The index's last record close of 5,048.62 was hit on March 10, 2000. Shares of Gilead were up 1 percent at $105.23, while Facebook, which late Wednesday posted quarterly revenue that missed analysts estimates, was down 0.8 percent at $83.99.