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  • WARSAW, March 16- U.S. media group Scripps Networks Interactive agreed to buy a majority stake in Polish broadcaster TVN for 584 million euros, gaining a foothold in a TV advertising market where revenues beat the global average and grew 6 percent last year. Scripps, which owns the Travel Channel and the Food Network, said it would buy the 52.7 percent stake in...

  • NEW YORK, March 9- A federal judge on Monday said FedEx Corp must face claims that it violated federal law by delivering contraband cigarettes in New York, cheating the state and New York City out of millions of dollars of excise taxes. District Judge Edgardo Ramos in Manhattan denied FedEx's bid to dismiss claims it violated an anti-racketeering law and the...

  • WASHINGTON, March 4- The U.S. Supreme Court heard arguments on Wednesday on a second major challenge to President Barack Obama's healthcare law, but no clear majority was immediately apparent in the case that takes aim at a pivotal part of the statute providing tax subsidies to help people afford insurance. A couple of dozen demonstrators from the conservative...

  • NEW YORK, Feb 27- U.S. stocks edged down late in Friday's session on the last trading day of February, led by technology stocks, but oil prices rebounded for their first monthly gain since June. European shares broke multi-year records ahead of the European Central Bank's planned moves to stimulate growth. The Nasdaq was the weakest of the three major U.S. indexes,...

  • Q4 GDP revised lower to 2.2 pct. NEW YORK, Feb 27- U.S. That marked a downward revision from the 2.6 percent pace estimated last month, the Commerce Department said.

  • *Nissan working on plan to utilise Japan capacity- exec. "The key word is flexibility," Jose Munoz, executive vice president at Nissan and chairman of its North American arm, told reporters at Nissan's headquarters in Yokohama. With recent and upcoming model launches in the United States such as the Murano sport-utility vehicle, Maxima sedan and Titan pickup truck,...

  • *Traders focus on higher U.S. core CPI for Jan. NEW YORK, Feb 26- U.S. Well this piece of data was fine, it was roughly as expected, and so now I can be slightly less defensive, "' said Jim Vogel, interest rate strategist at FTN Financial in Memphis, Tennessee.

  • Viking boats to cruise Mississippi River Wednesday, 25 Feb 2015 | 5:22 PM ET

    NEW ORLEANS, Feb 25- Viking Cruises Ltd will establish its first North American beachhead, a homeport in New Orleans, and will offer cruises up the Mississippi River starting in 2017, the company and Louisiana officials announced. The company- whose boats ply the rivers of Europe, Russia, China, Southeast Asia and Egypt- will begin cruising the Mississippi with two...

  • Hutton, will join Barclays PLC's wealth and investment management division in the Americas next month as general counsel, a company spokeswoman said on Wednesday. "It's been a memorable journey," McKay wrote in a memo to Dominick employees, adding that he accepted Barclays' offer "after much tortured thought." The bank's former chief executive, Robert Diamond,...

  • WASHINGTON, Feb 24- Tough questions aimed at Federal Reserve Chair Janet Yellen from a rising force in the Democratic Party on Tuesday showed how the U.S. central bank is facing increasing pressure from both sides of the political aisle. "I urge you... to assess whether the leadership of the Fed's staff is on the same page as the Federal Reserve Board," Senator...

  • Beach snow forecast as deadly storm packs more woe Tuesday, 24 Feb 2015 | 8:26 AM ET
    Winter Weather U.S.

    A fragmented winter storm was forecast to bring more snow to the Carolinas and Rocky Mountains, NBC News reports.

  • *Senate committee expected to call hearing on bill- sources. A similar Fed audit bill passed the House of Representatives late last year and a hearing on Fed transparency is expected to be formally called by the Senate banking committee, according to people familiar with the matter. "We feel the current system works well, it's time-tested, and there are all kinds of...

  • With the same winter chill boosting demand for home heating, U.S. heating oil futures jumped 6 percent as refineries, including the region's largest in Philadelphia, curtailed production, threatening a supply squeeze. Delta Air Lines Inc's 185,000- barrel-per-day refinery in Trainer, Pennsylvania, appeared to be hit hardest. Intelligence group Genscape...

  • Feb 20- At least three refineries that account for more than two-thirds of the U.S. East Coast's output experienced significant disruptions on Friday due to single-digit temperatures that sent the entire Northeast into a deep freeze. Delta Air Lines Inc's 185,000- barrel-per-day refinery in Trainer, Pennsylvania, appeared to be hit hardest.

  • WASHINGTON, Feb 19- The number of Americans filing new claims for unemployment benefits fell more than expected last week, offering fresh evidence that the labor market was gathering steam. Initial claims for state unemployment benefits dropped 21,000 to a seasonally adjusted 283,000 for the week ended Feb. 14, the Labor Department said on Thursday.

  • U.S. jobless claims fall more than expected Thursday, 19 Feb 2015 | 8:30 AM ET

    WASHINGTON, Feb 19- The number of Americans filing new claims for unemployment benefits fell more than expected last week, offering fresh evidence that the labor market was gathering steam. Initial claims for state unemployment benefits dropped 21,000 to a seasonally adjusted 283,000 for the week ended Feb. 14, the Labor Department said on Thursday.

  • WASHINGTON, Feb 17- Five Republican state governors say they will not rescue a crucial part of Obamacare if it is struck down by the Supreme Court, underlining the prospect for a chaotic aftermath to a ruling that could force millions of Americans to pay much more for coverage or lose their health insurance. In response to Reuters' queries, spokespeople for the...

  • DETROIT, Feb 16- Volkswagen AG said on Monday it had recognized a new group called the American Council of Employees to represent workers at its auto assembly plant in Chattanooga, Tennessee, in addition to the United Auto Workers. Sean Moss, president of the ACE, said an advantage of his group is that it is locally based. The UAW is based in Detroit, but it says that its...

  • DETROIT, Feb 16- Volkswagen AG said on Monday it had recognized a new group called the American Council of Employees to represent workers at its auto assembly plant in Chattanooga, Tennessee, in addition to the United Auto Workers. The ACE is an alternative to and has campaigned against the UAW union, which a year ago this week lost an election to be the sole...

  • Heavy snowfall and ice moving from the Southern Plains eastward pounded Missouri, Arkansas, southern Illinois, Tennessee, Kentucky, Indiana and Ohio, the National Weather Service said. With the storm headed east and sleet and freezing rain expected to also take a swipe at the South, North Carolina, Virginia, Mississippi and Georgia declared states of emergency.