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  • US fights cybercrime from suburban office parks Tuesday, 11 Nov 2014 | 3:19 AM ET

    Only after passing a low-key receptionist stationed on the seventh floor does one see the metal detectors, personal cellphone lockers and a series of heavy doors marked "classified"— all leading to the auditorium-sized National Cybersecurity and Communications Integration Center. "This is where we put out the fires," says Phyllis Schneck, chief cybersecurity...

  • *Average hourly earnings rise three cents. WASHINGTON, Nov 7- U.S. job growth increased at a steady clip in October and the unemployment rate fell to a fresh six-year low, underscoring the economy's resilience in the face of slowing global demand. "The report confirms that the U.S. remains the bright spot in a global economic picture filling with clouds," said Michael...

  • UPDATE 1-Insurer James River Group files for IPO Friday, 7 Nov 2014 | 7:23 AM ET

    Nov 7- James River Group Holdings Ltd, a Bermuda- based insurance holding company, filed for an initial public offering of common shares that would raise up to $288 million. Hedge fund D.E. Shaw& Co LP's affiliates own 72.6 percent of the insurer's Class A common shares, while Goldman Sachs Group Inc owns 26.3 percent. Keefe Bruyette& Woods, UBS Investment Bank, FBR...

  • Mark Sirangelo, who leads the space division of privately held Sierra Nevada Corp, told industry executives Thursday that he expected the industry to learn from the accidents and urged a measured response by lawmakers. The U.S. Air Force is also working to certify privately held Space Exploration Technologies, or SpaceX, to launch big military and spy...

  • Nov 5- Duke Energy Corp, the largest U.S. power company by market value, reported a lower-than-expected quarterly profit as a cool summer reduced demand. The company, which also operates in Brazil, Argentina and Chile, said the results were also hurt by lower income from international operations and higher fuel costs. The company sells power to 7.2 million...

  • DIARY - Top economic Events to Nov 18 Tuesday, 4 Nov 2014 | 7:01 PM ET

    WASHINGTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks at the "Committing to Financial Stability" before the "Financial Stability after Dodd Frank: Have We Ended Too Big to Fail?" VIRGINIA, United States- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks on "Clarifying the Objectives of Monetary Policy" before...

  • Exchanges including Nasdaq, Intercontinental Exchange Inc's New York Stock Exchange, Bats Global Markets and CHX Holdings Inc's Chicago Stock Exchange said they deserve "absolute immunity" because they regulate themselves, and that only the U.S. Securities and Exchange Commission could review the plaintiffs' claims. A co-defendant, Barclays Plc, said the...

  • NEW YORK, Nov 4- Capital One Financial Corp said it had received a subpoena from the New York district attorney's office about its subprime auto finance practices. Santander Consumer USA Holdings Inc; Ally Financial Inc; and GM Financial, the in-house financing arm of General Motors Co, have also received subpoenas from various law enforcement authorities and...

  • MOJAVE, Calif., Nov 3- A human-factors expert will join the investigation of the fatal crash of Virgin Galactic's passenger spacecraft to study why the co-pilot prematurely unlocked a pivoting tail section of the ship during a test flight, the National Transportation Safety Board chairman said on Monday. Video footage from the cockpit shows co-pilot Michael...

  • DIARY - Top economic Events to Nov 17 Monday, 3 Nov 2014 | 7:01 PM ET

    SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0330 GMT. LONDON- Developing Markets Association hosts UK-Albania Trade& Investment Forum. LIMA- Sveriges Riksbank Governor Stefan Ingves will participate in a meeting on "Global Banking Standards and Regulatory and Supervisory Priorities in the Americas."

  • MOJAVE, Calif., Nov 3- A team investigating the fatal test-flight crash of a Virgin Galactic passenger spaceship found that its rotating tail, designed to ease reentry into the atmosphere, was activated prematurely, and said pilot error could not be ruled out. SpaceShipTwo, developed by the fledgling space tourism company of billionaire entrepreneur Richard...

  • The high court's action means that an appeals court ruling that threw out a $919.9 million jury verdict that DuPont won against Kolon Industries Inc and ordered a new trial stays intact. South Korea- based Kolon had sought high court review over the judge recusal issue because the appeals court had left undisturbed various preliminary rulings that favored...

  • MOJAVE, Calif., Nov 2- An investigation into the deadly crash of a Virgin Galactic spaceship has found that a function to help the craft descend into the atmosphere was deployed early, a federal safety official said on Sunday, adding pilot error could not be ruled out. The National Transportation Safety Board is leading the investigation into what caused the...

  • MOJAVE, Calif., Nov 2- The investigation into last week's deadly crash of the Virgin Galactic spaceship has found that the "feathering" function to help it descend into the atmosphere from space was deployed early, the National Transportation Safety Board said on Sunday. SpaceShipTwo's rotating tail boom, a key safety feature for re-entering the atmosphere,...

  • WASHINGTON, Nov 3- Young Americans with big college debts are often portrayed as struggling to pay their bills. Worries over high loan levels have also been voiced by President Barack Obama and more recently, Federal Reserve Chair Janet Yellen. The data show that most of the nation's overall loan balances are held by those earning more than $60,000.

  • MOJAVE, Calif., Nov 2- The head of the federal agency examining last week's fatal crash of a Virgin Galactic passenger spaceship during a test flight in California's Mojave Desert said on Sunday the vehicle appears to have broken apart in flight. Virgin Galactic's owner, British billionaire and entrepreneur Richard Branson, traveled to Mojave on Saturday to...

  • MOJAVE, Calif., Nov 2- The head of the federal agency examining last week's fatal crash of a Virgin Galactic passenger spaceship during a test flight in California's Mojave Desert said on Sunday the vehicle appears to have broken apart in flight. Virgin Galactic's owner, British billionaire and entrepreneur Richard Branson, traveled to Mojave on Saturday to...

  • 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...

  • Branson: I'll get to the bottom of Galactic crash Sunday, 2 Nov 2014 | 12:56 AM ET
    Fly from New York to Beijing in two hours on this?

    Richard Branson said he was determined to find out what caused a spaceship being developed by his tourism company to crash during a test flight.

  • 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...