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  • BEIJING, March 30- China has agreed to delay implementing new bank technology restrictions that Washington has complained represent unfair regulatory pressure on foreign firms, a senior U.S. Treasury official said in Beijing on Monday. BSA The Software Alliance, whose members include Adobe Systems, Apple Inc, IBM, Microsoft Corp and Oracle Corp, and the...

  • WASHINGTON— Sarah Dieffenbacher is on a debt strike. Calling themselves the "Corinthian 100"— named for the troubled Corinthian Colleges, Inc., which operated Everest College, Heald College and WyoTech before agreeing last summer to sell or close its 100- plus campuses— about 100 current and former students are refusing to pay back their loans, according to the...

  • Trade Representative Wendy Cutler said on Monday that "significant gaps" in the trade negotiations remain between the United States and Japan regarding access for U.S. automobiles in the Japanese market. There is an array of non-tariff barriers in Japan that have effectively closed the Japanese auto market to U.S. producers, "Cutler said in prepared remarks on...

  • The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.035 percent, up from 0.020 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.135 percent, up from 0.105 percent last week. For a $10,000 bill, the three-month price was $9,999.12 while a six-month bill sold for $9,993.18.

  • WASHINGTON, March 30- Hedge fund mogul William Ackman, who has spent more than two years accusing Herbalife Ltd of running a pyramid scheme, said on Monday that shutting down the company is "one of the most important things" he can do. Speaking at a meeting of the Council of Institutional Investors' in Washington, Ackman said again that Herbalife has caused "enormous...

  • BEIJING, March 30- China has agreed to delay implementing new bank technology restrictions that Washington has complained represent unfair regulatory pressure on foreign firms, a senior U.S. Treasury official said in Beijing on Monday. BSA The Software Alliance, whose members include Adobe Systems, Apple Inc, IBM, Microsoft Corp and Oracle Corp, and the...

  • WASHINGTON/ ZURICH, March 30- Swiss private bank BSI SA avoided prosecution for suspected tax-related offenses by paying a $211 million penalty, becoming the first bank to reach a deal in the U.S. Department of Justice's voluntary disclosure program, the department said on Monday. The agreement is expected to be the first of a flood of settlements by...

  • Ackman says shutting Herbalife down is key to him Monday, 30 Mar 2015 | 4:45 PM ET

    BOSTON, March 30- Hedge fund mogul William Ackman, who has spent more than two years accusing Herbalife Ltd of running a pyramid scheme, said on Monday that shutting down the company is the most important thing he can do. Speaking at a meeting of the Council of Institutional Investors' in Washington, Ackman said again that Herbalife preys on a "vulnerable population"...

  • Figures on government spending and debt Monday, 30 Mar 2015 | 4:02 PM ET

    WASHINGTON— Figures on government spending and debt.

  • FACTBOX-Sanctions on Iran's oil sector Monday, 30 Mar 2015 | 12:32 PM ET

    March 30- World powers are trying to reach a framework deal with Iran that would restrict the most sensitive aspects of Tehran's atomic programme in return for an easing of international sanctions. The major oil-related sanctions have been imposed by the United States and European Union to pile pressure on Iran over its nuclear programme.

  • SALT LAKE CITY— President Barack Obama is scheduled to make his first visit to Utah as president this week, the White House announced Monday. White House spokesman Eric Schultz said the president will travel to Hill Air Force Base in northern Utah on Friday to speak about the economy. Salt Lake City Mayor Ralph Becker, a Democrat, said he has been encouraging the...

  • SEC files fraud charges against Lynn Tilton, firms Monday, 30 Mar 2015 | 11:18 AM ET

    The SEC said Tilton and the firms have misled investors since 2003 and wrongly collected nearly $200 million in fees and other payments. The case will be heard before an administrative law judge at the SEC. The SEC action against Tilton represents an example of government regulators enforcing the fiduciary standard for investment advisers.

  • U.S. Treasury to sell $40 bln in 4-week bills Monday, 30 Mar 2015 | 11:06 AM ET

    WASHINGTON, March 30- For details of the U.S.

  • BEIJING, March 30- China has agreed to delay implementing new bank technology restrictions that Washington has complained represent unfair regulatory pressure on foreign firms, a senior U.S. China said this month work was ongoing on a draft anti-terrorism law that would require foreign companies to hand over encryption keys and otherwise facilitate...

  • BEIJING, March 30- Egypt will apply to become of member of the Beijing-led Asian Infrastructure Investment Bank, China's Ministry of Finance said in a statement on its website Monday. China has set a March 31 deadline to become a founding member of the AIIB, which is seen as a significant setback to U.S. efforts to extend its influence in the Asia Pacific region and...

  • WASHINGTON— More Americans signed contracts to buy homes in February, evidence that the spring buying season could open strong after sluggish sales for much of the winter. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index climbed 3.1 percent to 106.9 last month, the highest reading since June 2013.

  • WASHINGTON— U.S. consumers spent just slightly more in February even though their income rose by a healthy amount. Consumer spending edged up a tiny 0.1 percent following declines of 0.2 percent in both January and December, the Commerce Department reported Monday. "Households are still flush with the money saved from the big drop-off in gasoline prices and,...

  • WASHINGTON— US consumer spending edges up 0.1 percent in February after 2 straight monthly declines.

  • OLYMPIA, Wash.— A politically charged proposal to raise Washington's highest-in-the-nation state minimum wage to $12 an hour over four years drew extended debate and a capacity crowd to a Senate committee hearing Monday. The bill to raise minimum wage via a series of annual 50- cent increases, passed the Democrat-controlled House in a party-line vote earlier...

  • JetBlue computer outage causes delays for passengers Monday, 30 Mar 2015 | 7:37 AM ET

    NEW YORK— A computer outage that caused delays for thousands of JetBlue Airways passengers early Monday morning has been resolved, the company said. JetBlue Airways said it had fixed a systemwide computer problem by 6:15 a.m. Eastern that has caused delays because the airline had to manually check in passengers. A list of flights on the website of New York's...