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  • European shares at 7-year highs ahead of U.S. jobs Friday, 6 Mar 2015 | 7:03 AM ET

    *Thomas Cook up 19 pct after China's Fosun buys stake. PARIS, March 6- European shares rose on Friday, extending a rally which has propelled regional indexes to seven-year highs, with Thomas Cook jumping after a Chinese investor bought a stake in the travel group. China's Fosun International, which recently took over France's Club Mediterranee, acquired a 5...

  • Ahead of the Bell: US trade gap Friday, 6 Mar 2015 | 6:28 AM ET

    WASHINGTON— The Commerce Department reports on the U.S. trade deficit for January. GAP NARROWS: The expectation is that the trade deficit fell to $42 billion in January, according to the consensus tracked by the Bank of America. The politically sensitive deficit with China set another record last year, surging 23.9 percent to $342.6 billion.

  • WASHINGTON— The federal government says its offices in the Washington area will be open Friday amid the region's latest winter storm, but they are on a two-hour delayed arrival and employees can telework or take unscheduled leave. The Office of Personnel Management says nonemergency employees in and around Washington can come to work up to two hours past...

  • 'Homebrew' email servers: Genius as well as sneaky? Friday, 6 Mar 2015 | 3:08 AM ET

    It also appeals to those who fear the government is sniffing around and could compel companies like Google or Yahoo to release customer data. "It's not trivial to do it, but if you understand how all this works, you can certainly do it yourself," said Carole Fennelly, a New York City- area information security consultant who once operated her own mail server and has set...

  • NEW YORK, March 6- Asked last week about his agenda if elected, presumptive Republican presidential candidate Scott Walker began: "Should I choose to be a candidate..." Like the other would-be Republican candidates who took the stage over three days in Washington at the Conservative Political Action Conference, the Wisconsin governor studiously avoided...

  • WASHINGTON— A burst of hiring in February underscored the resilience and confidence of U.S. businesses, which are adding workers at the fastest pace in 17 years. Yet the strong job gains did little to raise wages last month. The average hourly wage rose just 3 cents to $24.78 an hour.

  • Figures on government spending and debt Thursday, 5 Mar 2015 | 6:05 PM ET

    WASHINGTON— Figures on government spending and debt.

  • UNITED NATIONS, March 5- Iran's foreign minister on Thursday suggested that a 10- year moratorium on some aspects of the country's nuclear program might be acceptable to Tehran, though he declined to discuss the issue in detail. President Barack Obama told Reuters on Monday that Iran must commit to a verifiable freeze of at least 10 years on sensitive nuclear...

  • WASHINGTON— All of the nation's 31 largest banks are adequately fortified to withstand a severe U.S. and global recession and keep lending, the Federal Reserve said Thursday. "This week's tests are a more modest standard than what we will get next week," said Cayetano Carrasco-Gea, senior director at Moody's Analytics. The banks undergoing the stress tests...

  • *Supply concerns in Libya, Iraq initially boost prices. NEW YORK, March 5- Oil closed lower on Thursday in volatile trade, as a soaring dollar and the U.S. pursuit of an Iranian nuclear deal offset earlier gains from supply concerns in Libya and Iraq. Washington's pursuit of a nuclear agreement with Tehran, which could end sanctions against Iran and bring more oil...

  • MIAMI— Mixed signals from the Supreme Court have states on edge about the future of health insurance subsidies for millions of Americans. The case sets up an intriguing political backdrop for states like Florida and Texas, both led by Republican governors staunchly opposed to the law. Florida has more people on the health care plan than any other state and most...

  • A robust US job market is expected to keep delivering Thursday, 5 Mar 2015 | 3:47 PM ET

    WASHINGTON— Even after the most vigorous three-month hiring spree in 17 years, U.S. employers are showing few signs of letting up. Job growth for February, to be reported Friday, might not match the furious pace of November through January, when 1 million positions were added. "People are pretty optimistic about the U.S. economy, and they're hiring," said Frank...

  • NEW YORK, March 5- Commerzbank AG is nearing an agreement to pay U.S. authorities more than $1.4 billion to settle alleged violations of U.S. sanctions and a separate probe that stemmed from transactions linked to an Olympus Corp accounting scandal, according to two people close to the case. Margarita Thiel, a spokeswoman for Commerzbank, Germany's...

  • FDA study finds little evidence of antibiotics in milk Thursday, 5 Mar 2015 | 2:08 PM ET

    WASHINGTON— In an encouraging development for consumers worried about antibiotics in their milk, a new Food and Drug Administration study showed little evidence of drug contamination after surveying almost 2,000 dairy farms. In response to concerns, the agency in 2012 took samples of raw milk from the farms and tested them for 31 drugs, almost all of them...

  • NEW YORK, March 5- The New York Federal Reserve's once-unparalleled authority to oversee Wall Street has been weakened by a series of supervisory missteps and by a consolidation of power at the U.S. central bank's Washington headquarters. Current and former New York Fed employees say its ability to independently regulate the country's largest banks began to...

  • *Bottom pickers support prices up already on Libya, Iraq worries. *Washington presses ahead with nuclear deal for Iran. Concerns about deteriorating oil supplies from Libya and Iraq boosted crude prices even before the New York session.

  • The FDA confirmed that Olympus Corp. did not seek agency clearance for the redesign of its specialized endoscope, which it began selling in 2010. FDA clearance is required for all substantive updates to medical devices sold in the U.S. Despite the lack of clearance, the FDA said doctors should continue using the device because it's not clear that a federal...

  • WASHINGTON, March 5- Cyber attacks on U.S. weapons programs and manufacturers are a "pervasive" problem that requires greater attention, the top U.S. arms buyer said Thursday, saying that he would add cybersecurity to the Pentagon's guidelines for buying weapons. Kendall said he planned to add cybersecurity to the next phase of his "better buying power" initiative,...

  • US factory orders slip 0.2 percent Thursday, 5 Mar 2015 | 10:45 AM ET

    Orders to factories edged down 0.2 percent in January following declines of 3.5 percent in December and 1.7 percent in November, the Commerce Department said Thursday. U.S. manufacturers have been held back in recent months by weak growth in China, Europe and Japan, which also depressed demand for American exports. The Institute for Supply Management reported...

  • WASHINGTON— US factory orders slip 0.2 percent in January but key investment category shows gain.