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  • March 13- Lumber Liquidators Holdings Inc's shares fell as much as 10 percent on Friday, reversing some gains from a day earlier, after brokerages cut their price targets, saying the hardwood flooring retailer's defense of its products left some questions unanswered. Lumber Liquidators gave a blow-by-blow account of its testing process on Thursday, and said...

  • March 13- Shares of Lumber Liquidators Holdings Inc's fell 8 percent on Friday, reversing some gains from a day earlier, after brokerages cut price targets, saying the hardwood flooring retailer's defense of its products left some questions unanswered. Lumber gave a blow-by-blow account of its testing process on Thursday, and said it planned to boost...

  • *Says sales fell in 9 days after CBS show. March 12- Lumber Liquidators Holdings, facing U.S. government probes over claims of dangerous levels of a cancer-causing substance in its flooring products, defended the safety of its products and gave a blow-by-blow account of its testing process in efforts to assuage investors' concerns. "Lumber Liquidators...

  • NEW YORK, March 12- Viacom Inc agreed to pay $7.21 million to settle a class-action lawsuit by thousands of former interns who said the owner of Comedy Central, MTV and Nickelodeon did not pay them, despite their having done work similar to paid employees. The Viacom accord covers interns who worked in New York from August 2007 to June 2013, and in California from...

  • NEW YORK, March 9- The U.S. Senate on Monday confirmed former Google Inc executive Michelle Lee to head the U.S. President Barack Obama's choice was approved by an unrecorded voice vote in the full Senate, just over a week after the Senate Judiciary Committee gave the nod to her nomination. The agency had gone without a confirmed leader since David Kappos, a former...

  • NEW YORK, March 9- The U.S. Senate on Monday confirmed former Google Inc executive Michelle Lee to head the U.S. President Barack Obama's choice was approved by an unrecorded voice vote in the full Senate, just over a week after the Senate Judiciary Committee gave the nod to her nomination. The Alexandria, Virginia- based federal agency which has more than 12,000...

  • Pham, 41, resettled in California and is now owner of an art gallery in Ho Chi Minh City, one of a stream of Vietnamese Americans who found their fortunes in a fast-changing Vietnam where capitalism is thriving under communist rule. In the 17 years she's lived in Vietnam, her mother has refused to visit. "When I moved back to Vietnam, she disowned me," said Pham.

  • LOS ANGELES, March 9- President Obama' s aborted attempt to tax 529 plans may end up being a boon to the state-run college savings plans. Assets in 529 plans have grown steadily since the IRS formulated rules for them in 1996, and got a big boost five years later when Congress made distributions from the plans tax-free if used for qualified higher education...

  • MIAMI, March 5- A $5 million class-action lawsuit filed this week in Florida accuses hardwood and laminate flooring giant Lumber Liquidators, Inc of selling products laden with cancer-causing chemicals. Senator Bill Nelson of Florida, the ranking Democrat on the Senate Committee on Commerce, Science and Transportation, called on federal agencies Wednesday...

  • *Netanyahu warns Obama against Iran deal. Soft auto sales numbers and Iran commentary also gave some investors pause after a strong run-up for major indexes in February. It made sense to have little bit of a pullback here, "said Brian Lazorishak, portfolio manager at Chase Investment Counsel in Charlottesville, Virginia.

  • March 3- The U.S. Supreme Court will hear arguments on Wednesday in a second major challenge to President Barack Obama's healthcare law. -March 23, 2010: The Affordable Care Act, widely known as Obamacare, becomes law after a protracted debate in the U.S. Congress, with Democrats narrowly securing passage over unified Republican opposition.

  • CHICAGO, March 3- New technology about to be deployed by credit card companies will require U.S. consumers to carry a new kind of card and retailers across the nation to upgrade payment terminals. Anre Williams, president of global merchants services at American Express, cited cost and complexity as reasons for not issuing PIN numbers, which would require a much...

  • March 1- Lumber Liquidators Holdings Inc, a retailer of hardwood flooring in North America, sold flooring with higher levels of formaldehyde than permitted under California's health and safety standards, according to television news program "60 Minutes." CBS's "60 Minutes" said it tested Lumber Liquidators' flooring in Virginia, Florida, Texas, Illinois and New...

  • March 1- Lumber Liquidators Holdings Inc, a retailer of hardwood flooring in North America, sold flooring containing levels of formaldehyde that were higher than those permitted under California's health and safety standards, according to television news program "60 Minutes". CBS's "60 Minutes" said it tested Lumber Liquidators' flooring in Virginia, Florida,...

  • WILLISTON, N.D., Feb 25- Senator Heidi Heitkamp of North Dakota will re-introduce legislation on Thursday designed to encourage the development of clean coal technologies that could keep the fuel a key source of American power generation. The bill, which is likely to be popular in the Republican-controlled U.S. Senate but face opposition from the White House,...

  • Feb 24- Technology consultant Computer Sciences Corp drew buyout interest from French consulting company Cap Gemini SA and private equity firm Carlyle Group LP, according to people familiar with the matter. Talks between CSC and the consortium of Cap Gemini and Carlyle started late last year but have since fizzled, the sources said on Tuesday.

  • NEW YORK, Feb 24- A CSX Corp rail line in West Virginia remained shut following an explosive oil train derailment on Feb. 16 that damaged the roadbed and tracks, though the type of work required to return the line to service could be completed "in days," a CSX spokeswoman said Tuesday. CSX has rerouted trains carrying oil on the line that runs from North Dakota to an oil...

  • NEW YORK, Feb 23- A cleanup was continuing in the Kanawha River in West Virginia on Sunday after an oil spill last week following the derailment of a CSX Corp train, though drinking water was not affected, the company and federal officials said. Twenty seven of the train's 109 cars carrying 3.1 million gallons of crude oil from North Dakota to Virginia came off the...

  • The bank is making it harder for brokers to take some of their clients with them when they leave Merrill Lynch- specifically, clients that were referred to the broker by a Bank of America branch. The original 2004 signers were Merrill Lynch, UBS AG and Smith Barney, then part of Citigroup Inc, and more than 1,200 brokerages have since signed onto the pact known among...

  • *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...