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  • U.S. says world needs more demand for economic recovery Wednesday, 12 Nov 2014 | 10:33 AM ET

    WASHINGTON, Nov 12- The United States on Wednesday urged the world's policymakers to use available fiscal policy to boost demand in the short term and support the sluggish global economic recovery. Treasury Secretary Jack Lew said, according to prepared remarks at the World Affairs Council in Seattle. Lew, speaking ahead of the meeting of the Group of Twenty...

  • Every city with hipsters wants to be a Brooklyn Wednesday, 12 Nov 2014 | 9:48 AM ET

    But now the wannabe city is Brooklyn. Ballard is the Brooklyn of Seattle. There's even a Brooklyn of Paris: the once-gritty suburb of Pantin.

  • Port problems endanger apple exports Tuesday, 11 Nov 2014 | 3:50 PM ET

    SPOKANE, Wash.— Labor woes at major West Coast sea ports have slowed the export of a record crop of Washington apples and endangered big Christmas season shipments of the fruit to Central American nations. "With the record apple crop we are having this year, the need to move Washington apples outside of the United States is even greater," said Rebecca Lyons,...

  • DIARY - Top economic Events to Nov 24 Monday, 10 Nov 2014 | 7:01 PM ET

    STOCKHOLM- Sveriges Riksbank will release the minutes of October monetary policy meeting- 0830 GMT. WELLINGTON- Reserve Bank of New Zealand releases Financial Stability Report, which assesses the soundness and efficiency of the New Zealand financial system- 2000 GMT. STOCKHOLM- Sweden Financial Stability Council meeting.

  • Nov 10- Dendreon Corp filed for Chapter 11 bankruptcy protection after sales of the world's first cancer vaccine fell short of expectations and left the company deep in debt. Seattle- based Dendreon said it had agreed terms of a financial restructuring with certain bond holders that may involve a standalone recapitalization or the sale of the company or its...

  • Nov 10- Cancer vaccine maker Dendreon Corp filed for Chapter 11 bankruptcy protection on Monday after its potential blockbuster cancer drug failed to live up to expectations, saddling the company with heavy debt. Dendreon's stock was down nearly 62 percent at 36 cents in premarket trading. Under the agreements, senior noteholders will support a plan of...

  • NEW YORK, Nov 7- Warren Buffett's Berkshire Hathaway Inc on Friday said third-quarter profit fell 9 percent as it took a large writeoff on one of its investments, but operating results easily topped forecasts amid improvement in its insurance, energy and railroad operations. Net income slipped to $4.62 billion, or $2,811 per Class A share in the third quarter,...

  • MOJAVE, Calif., Nov 2- Virgin Galactic could have a new spacecraft ready to fly by next year, the chief executive of Richard Branson's space tourism company said in an interview published on Sunday, reacting to concerns about the safety of technology used in the Virgin craft that crashed last week. His remarks followed a somber assessment of the future of Virgin...

  • Michael Alsbury, 39, has been identified as the pilot who died in the crash of Virgin Galactic SpaceShipTwo, and the surviving pilot is Peter Siebold, 43, the Kern County Sheriff's Office said in a statement. Branson arrived in California's Mojave Desert to meet his Virgin Galactic team and federal officials who were opening their investigation into Friday's...

  • Oct 30- Starbucks Corp on Thursday reported sales at established cafes in its U.S.-dominated Americas region that missed Wall Street expectations in the latest quarter, despite the early return of the popular Pumpkin Spice latte. The Americas region contributes the majority of Starbucks revenue. "We grew traffic, but it was at a bit of slower clip," said Troy...

  • NEW YORK/ SEATTLE, Oct 29- Billionaire investors in a small, Seattle- area company that aims to one day mine resources on asteroids have not been deterred by an unmanned rocket explosion that destroyed their test satellite, the company said on Wednesday. Privately held Planetary Resources counts Google Inc Chief Executive and co-founder Larry Page and Chairman...

  • DC (and these states) may go to pot next week Wednesday, 29 Oct 2014 | 7:12 AM ET

    Voters in D.C. and in two states will decide on measures to legalize marijuana.

  • Oct 27- Dunkin' Donuts will begin selling a combination croissant-donut early next month, an official said on Monday, as the coffee shop chain follows a popular pastry hybrid that has drawn hordes to a New York bakery. The ring-shaped croissant-donut will feature a "delicate and flaky croissant ring that is glazed like a donut" and debut Nov. 3 at specific U.S....

  • UPDATE 4-Boeing profit jumps 18 pct, but cash is scarce Wednesday, 22 Oct 2014 | 3:01 PM ET

    Last year, Boeing blew past its cash forecast, booking $9.7 billion in operating cash flow before pension contributions, compared with a forecast of more than $8.5 billion. But this year Boeing has a lower forecast of more than $7 billion, and in the first nine months has booked only $4.6 billion. He didn't provide details, and Boeing's official forecast rose to "...

  • The company earned $1.36 billion, or $1.86 per share, for the third quarter ended Sept. 30, up from $1.16 billion, or $1.51 per share, a year earlier. The results easily topped analyst forecasts of $1.97 a share for core earnings and $1.86 for GAAP earnings per share, according to Thomson Reuters I/B/E/S. For 2014, the company said it expects core earnings to be between...

  • Oct 21- Airbus Group NV said on Tuesday that it has begun offering airlines a long-range version of its A321neo jetliner, aimed at replacing Boeing Co's 757 jetliner, a long-range single-aisle jet that is no longer in production. "The long-range version of the A321neo will be the ideal 757 replacement with true transatlantic range, 25 percent lower fuel burn and...

  • Oct 21- Omeros Corp said it suspended enrolment in a mid-stage study testing its experimental Huntington's drug as the company evaluates data from a concurrent trial in rats, sending its shares down 10 percent before the bell. The drug has been well tolerated in all human trials, Omeros said. The U.S. Food and Drug Administration has asked the company to further...

  • Russell Investments, Ft. Lauderdale fund ax Pimco Friday, 17 Oct 2014 | 8:49 AM ET
    Bill Gross

    Russell Investments and the Fort Lauderdale Police & Fire Retirement System dropped PIMCO as their bond portfolios manager following the exit of Bill Gross.

  • NEW YORK, Oct 16- Russell Investments and the Fort Lauderdale Police& Fire Retirement System said on Thursday they dropped Pacific Investment Management Co as the manager of their bond portfolios following the departure of Bill Gross in late September. Gross, who managed the Pimco Total Return Fund and co-founded the firm over 40 years ago, resigned on Sept. 26 to...

  • TORONTO/ ST. LOUIS, Oct 10- U.S. investors in Canada's medical marijuana industry are betting they won't fall under the scrutiny of U.S. law enforcement officers- but it's a risky bet. The U.S. Drug Enforcement Agency has already been tracking investments made in state-sanctioned marijuana business in the United States. "We really like the Canada model, which is...