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  • July 23- Momentum is building toward a deal that would make painful losses inevitable for investors holding about $20 billion in bonds issued by Puerto Rico's highway, water and electricity authorities even as some big U.S. mutual funds launch a legal battle to squelch a new law that authorizes a restructuring.

  • AP source: Thieves got into 1K StubHub accounts Tuesday, 22 Jul 2014 | 10:24 PM ET

    Manhattan District Attorney Cyrus R. Vance Jr. was expected to hold a news conference Wednesday with London and Royal Canadian Mounted Police officials.

  • LinkedIn to buy ad tech company Bizo for $175M Tuesday, 22 Jul 2014 | 5:09 PM ET

    NEW YORK— LinkedIn Corp. is spending $175 million to buy Bizo, a provider of advertising technology and measurement services aimed at professionals. LinkedIn said Tuesday that it is paying 90 percent in cash and the rest in stock for San Francisco- based Bizo.

  • Apple post biggest earnings gain in nearly 2 years Tuesday, 22 Jul 2014 | 4:33 PM ET

    SAN FRANCISCO— Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen. The latest evidence of Apple's mounting momentum emerged Tuesday with the release of the company's fiscal third-quarter report.

  • SAN FRANCISCO, July 22- European Union antitrust regulators are preparing to step up investigations of Google Inc's practices on several fronts and are likely to revise certain terms of a settlement involving its search engine that was proposed earlier this year, the Wall Street Journal reported on Tuesday.

  • Board puts soda tax before San Francisco voters Tuesday, 22 Jul 2014 | 10:02 AM ET

    SAN FRANCISCO— San Francisco lawmakers narrowly agreed Tuesday to place a 2- cent- per-ounce tax on sugary drinks on the November ballot, a move that promises to turn the election into an expensive fight between the beverage industry and public health advocates.

  • NEW YORK/ SAN FRANCISCO, July 21- Apple, once a can't-miss stock, is finding it tough to persuade portfolio managers to come back into the fold. Part of the reason for a lack of portfolio manager enthusiasm is that Apple Inc no longer seems to be the hot growth company of old, fund managers say. Apple reports results for its fiscal third quarter on Tuesday, July 22.

  • Business Highlights Monday, 21 Jul 2014 | 6:01 PM ET

    Microsoft makes design central to its future. Before Ralf Groene helped devise the look and feel of Microsoft's Surface tablet, he designed food— or "food concepts," he says, such as dried noodles that come wrapped around a pair of chopsticks and a fork that squeezes out sauce.

  • Yahoo buying app and analytics company Flurry Monday, 21 Jul 2014 | 5:20 PM ET

    NEW YORK— Yahoo is buying Flurry Inc., a startup that helps other programmers build better mobile applications and craft marketing campaigns for smartphones and tablets.

  • NEW YORK/ SAN FRANCISCO, July 21- Apple, once a can't-miss stock, is finding it tough to persuade portfolio managers to come back into the fold. Part of the reason for a lack of portfolio manager enthusiasm is that Apple Inc no longer seems to be the hot growth company of old, fund managers say. Apple reports results for its fiscal third quarter on Tuesday, July 22.

  • Netflix tops 50M subscribers as 2Q earnings soar Monday, 21 Jul 2014 | 4:48 PM ET

    SAN FRANCISCO— Netflix's second-quarter earnings more than doubled as new episodes from a hit series helped the Internet video service surpass 50 million worldwide subscribers for the first time. The gains announced Monday include an additional 570,000 U.S. subscribers, slightly more than Netflix's management predicted.

  • Stripe now operates in several countries including Canada, Britain and Ireland, and is beta-testing in European countries such as Finland and Switzerland. It was valued at $1.75 billion in a January round of funding from venture capitalists, including Khosla Ventures, Sequoia Capital and Founders Fund.

  • CBS Outdoor to buy billboards from Van Wagner Monday, 21 Jul 2014 | 8:40 AM ET

    NEW YORK— CBS Outdoor Americas Inc. said Monday that it will buy about 1,100 billboards from rival Van Wagner Communications for $690 million in cash, giving the outdoor advertising company control of more billboards in some of the largest cities around the country.

  • Drought hinders California's clean energy goals Monday, 21 Jul 2014 | 7:09 AM ET

    SAN FRANCISCO— Already locked in its third dry year, an ongoing drought could complicate California's battle against global warming and make it more expensive, officials said. For years, dams have been one of California's main sources of clean energy, generating power without spewing greenhouse gases into the air.

  • Committees, super PACs disclose June fundraising Monday, 21 Jul 2014 | 3:14 AM ET

    The anti-tax Club for Growth Action last month had its second best fundraising haul this election cycle as it raised money to pour into Chris McDaniel's bid to deny incumbent Republican Thad Cochran a seventh term in the Senate.

  • VANCOUVER, Washington, July 21- California's chance to keep a lid on some of the nation's highest gas prices and join in the spoils of a domestic oil production boom is threatened by quickly growing opposition to a rail terminal in Washington state.

  • NEW YORK, July 18- Investors worldwide poured $6.2 billion into stock funds in the week ended July 16, encouraged by strong corporate earnings and big potential merger deals in the United States, data from a Bank of America Merrill Lynch Global Research report showed on Friday.

  • Agriculture chief visits water-starved families Friday, 18 Jul 2014 | 2:28 PM ET

    Agriculture Secretary Tom Vilsack visited drought-stricken homeowners on Friday in Central California, saying drought and climate change would require major investment to secure future water supplies.

  • Correction: Apple-Board story Friday, 18 Jul 2014 | 1:02 PM ET

    SAN FRANCISCO— In a story July 17 about the retirement of longtime Apple Inc. director Bill Campbell, The Associated Press reported erroneously that late Apple CEO Steve Jobs had battled prostate cancer. Former Steve Jobs confidant leaves Apple's board, replaced by BlackRock founding partner.

  • California unemployment rate drops to 7.4 percent Friday, 18 Jul 2014 | 12:25 PM ET

    SACRAMENTO, Calif.— The unemployment rate in California dipped to 7.4 percent in June to the lowest figure in six years, officials reported Friday. The state gained 24,200 jobs during the month, bringing the total to more than 1.35 million jobs added since February 2010, when the jobless number hit a peak of 12.4 percent, the Employment Development Department said.