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  • Arch Venture Partners raises $400 million fund Wednesday, 27 Aug 2014 | 7:30 AM ET

    SAN FRANCISCO, Aug 27- Chicago- based Arch Venture Partners raised a $400 million fund to invest in early stage companies, the firm announced Wednesday, underscoring renewed investor confidence in the once moribund life sciences sector.

  • SpaceX delays launch after test rocket explosion Tuesday, 26 Aug 2014 | 11:08 PM ET

    CAPE CANAVERAL, Fla. Aug 26- Space Exploration Technologies will delay the launch of its next Falcon 9 rocket by up to two weeks following Friday's explosion of a related prototype vehicle during a flight test, officials said on Tuesday.

  • SINGAPORE, Aug 27- U.S. crude held near $94 a barrel on Wednesday following overnight gains on supportive data that showed a drop in crude inventories last week. *U.S. crude edged down 1 cent to $93.85 a barrel by 0030 GMT after settling up 51 cents on Tuesday.

  • HOUSTON, Aug 26- A tanker loaded with $100 million of Kurdish crude oil cannot be delivered in Texas soon because of risks for buyers as Iraq mulls further legal challenges, so a month-long standoff will drag on, a source close to the matter said on Tuesday.

  • HOUSTON, Aug 26- A tanker loaded with $100 million of Kurdish crude oil cannot be delivered in Texas soon because of risks for buyers as Iraq mulls further legal challenges, so a month-long standoff will drag on, a source close to the matter said on Tuesday.

  • The court did not settle the broader dispute over who owns the crude, but would-be buyers of the cargo would face lawsuits from Iraq, which says it has the sole right to export the oil, not the Kurdistan Regional Government. Baghdad and the KRG have been locked in litigation, both in the United States and Iraq, over who can sell the crude.

  • KURDISH CRUDE CARGO CAN'T BE DELIVERED TO TEXAS BUYER DUE TO ONGOING LEGAL RISKS, SPAT WITH IRAQ LIKELY TO CONTINUE IN U.S.

  • WASHINGTON, Aug 26- Three regional Federal Reserve banks, whose presidents are among the more hawkish of U.S. central bankers, continued to press for an increase in the Fed's emergency lending rate ahead of last month's policy-setting meeting, according to minutes on Tuesday.

  • American, US Airways will stop listing on Orbitz Tuesday, 26 Aug 2014 | 12:42 PM ET

    FORT WORTH, Texas— American Airlines and US Airways are pulling flight listings from Orbitz- run websites in a long-running dispute over fees that the travel company charges to list and sell the flights. American said that it had already dropped its fares from Orbitz and that US Airways listings would be pulled on Monday.

  • 5 things to watch for at the Venice Film Festival Tuesday, 26 Aug 2014 | 6:32 AM ET

    VENICE, Italy— It has Al Pacino and zombie girlfriends, Owen Wilson and Lars von Trier. The 71st Venice Film Festival opens this week, bringing 11 days of high art and Hollywood glamour to the canal-crossed Italian city. Zach Galifianakis, Edward Norton, Emma Stone and Naomi Watts also star.

  • Even if attacked, airline could be liable in crash Tuesday, 26 Aug 2014 | 5:26 AM ET

    Families of passengers who were on the Malaysia Airlines plane shot down over Ukraine are starting to sort through the long process of gaining compensation for their loss.

  • WASHINGTON, Aug 26- Producers, pipeline and storage operators, and oilfield service companies will get a credit ratings boost if the United States lifts its ban on most crude oil exports, the ratings agency Standard& Poor's said on Tuesday.

  • HOUSTON, Aug 25- A U.S. court on Monday threw out an order to seize some 1 million barrels of disputed Iraqi Kurdish crude oil from a tanker near Texas, a move that could allow the cargo to be delivered and end a nearly month-long impasse.

  • The United Kalavrvta tanker, carrying about $100 million worth of Kurdish crude, has been anchored near Texas for weeks, as the Iraqi region of Kurdistan wages a legal battle over ownership with the central government of Iraq.

  • New Orleans company recalls 2.2M beanbag chairs Monday, 25 Aug 2014 | 3:58 PM ET

    NEW ORLEANS— A New Orleans company is voluntarily recalling about 2.2 million beanbag chairs after the chairs were implicated in the suffocation deaths of two children. The New Orleans Advocate reports Ace Bayou Corp. announced the recall Friday along with the U.S. Consumer Product Safety Commission.

  • Guilty plea in California meat-recall case Monday, 25 Aug 2014 | 11:29 AM ET

    SAN FRANCISCO— The co-owner of a Northern California slaughterhouse accused of processing cows with cancer while U.S. livestock inspectors took lunch breaks has pleaded guilty to a federal criminal charge.

  • NEW YORK, Aug 25- A tanker carrying 300,000 barrels of Kurdish crude oil has changed its destination to Limassol, Cyprus, as it returned from the United States without delivering its disputed cargo to a New Jersey refiner.

  • *Sony's PlayStation Network back up after attack. SAN FRANCISCO/ TOKYO, Aug 25- Sony Corp's PlayStation Network was back online on Monday following a cyber attack that took it down over the weekend, which coincided with a bomb scare on a U.S. commercial flight carrying a top Sony executive.

  • Buffalo Wild Wings invests in Rusty Taco Monday, 25 Aug 2014 | 9:41 AM ET

    MINNEAPOLIS— Buffalo Wild Wings has made a majority investment in Rusty Taco, seeking to help the chain grow throughout the country.

  • Aug 25- Layne Christensen Co's largest shareholder said it had asked the water management company to reorganize and consider selling a division to repay debt. Layne Christensen, whose customers include miners and drillers, has been struggling with project delays, regulatory investigations and top level exits.