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  • TOKYO, Jan 23- Bank of Japan Governor Haruhiko Kuroda said on Friday he is not worried that diverging monetary policies in the United States and Europe will complicate his efforts to beat deflation at home. In an interview with Bloomberg TV from the World Economic Forum in Davos, Kuroda welcomed the ECB's decision on Thursday to launch a bond-buying programme.

  • WASHINGTON, Jan 22- Federal Reserve policymakers, already struggling to assure investors that they remain on track for a mid-year interest rate rise, will find the task has just become harder with their peers in Europe and elsewhere headed in the opposite direction. The European Central Bank's decision on Thursday to pump 60 billion euros a month into the...

  • Drone operator settles case with FAA for $1,100 fine Thursday, 22 Jan 2015 | 4:34 PM ET

    The FAA said Pirker operated the drone in a reckless manner. Pirker argued the FAA couldn't enforce such a ban when it had never issued regulations governing drone flights. The FAA is working on regulations but they have been repeatedly delayed.

  • Jan 22- A panel of experts on Thursday voted to recommend that U.S. health regulators approve Astellas Pharma Inc's drug for the treatment of rare, often fatal invasive fungal infections that can target patients with blood cancers. The Astellas medicine, which would be sold under the proposed brand name Cresemba, was granted Orphan Drug status by the FDA, which is...

  • Puerto Rico seeks economic advice from NY Fed official Thursday, 22 Jan 2015 | 11:24 AM ET

    SAN JUAN, Puerto Rico— A vice president at the Federal Reserve Bank of New York has met with Puerto Rico senators to discuss how the government can strengthen the U.S. territory's economy. James Orr says Puerto Rico should improve the performance of its state-owned corporations and impose greater budgetary restrictions. The government said in a statement...

  • Jan 21- The U.S. Food and Drug Administration approved Novartis AG's injectable drug, Cosentyx, to treat adults with a moderate to severe skin disease called plaque psoriasis. Eli Lilly and Co will begin marketing its IL-17 inhibitor ixekizumab in the first half of 2015, while Amgen Inc and AstraZeneca Plc's brodalumab reported positive results from a...

  • FDA approves Novartis's psoriasis drug Wednesday, 21 Jan 2015 | 12:49 PM ET

    Jan 21- The U.S. Food and Drug Administration said it approved Novartis AG's drug to treat adults with moderate to severe plaque psoriasis.

  • Markets are waiting to see just how much financial firepower the European Central Bank will unleash Thursday, when it is expected to announce large-scale purchases of government bonds with newly printed money to stimulate a sluggish economy. Federal Reserve— as well as the Bank of England and the Bank of Japan. Europe could definitely use a push.

  • SAN FRANCISCO, Jan 20- A Texas company that makes brain-training games for children has settled a complaint over unsubstantiated health claims, the U.S. government said on Tuesday. The U.S. Federal Trade Commission said Focus Education claimed in an advertisement and on its website that it could permanently improve a child's focus, memory and school...

  • DIARY- Top Economic Events to Feb 3 Tuesday, 20 Jan 2015 | 7:01 PM ET

    Treasury Secretary Jacob Lew will preside over an open session of the Financial Stability Oversight Council at the Treasury Department. WASHINGTON- Federal Reserve chair Janet Yellen participates in open session of the Financial Stability Oversight Council meeting- 1930 GMT. LONDON- Bank of England will release the minutes from its January policy meeting-...

  • APNewsBreak: US settles case over fake Facebook page Tuesday, 20 Jan 2015 | 4:22 PM ET

    WASHINGTON— The Justice Department has reached a $134,000 settlement with a New York woman after federal drug agents used information from her cellphone to set up a fake Facebook page in her identity, a tactic that raised privacy concerns and led to a federal government review of the ruse, according to court papers filed Tuesday. After initially defending the...

  • WASHINGTON, Jan 20- More regulation may be needed for a key part of the banking industry's profit engine, a top Federal Reserve official said on Tuesday, as regulators continue to determine ways to make markets safer and more transparent. Fed Governor Jerome Powell said efforts to improve safeguarding against improper uses of information across the fixed...

  • Supreme Court won't hear dispute over debit card fees Tuesday, 20 Jan 2015 | 9:59 AM ET

    WASHINGTON— The Supreme Court on Tuesday rejected a challenge from retailers who claim the Federal Reserve allows banks to charge businesses too much for handling debit card transactions. The justices let stand a federal appeals court ruling that upheld the Fed's cap of about 24 cents per transaction on so-called "swipe fees." The fee cap set by the Fed in 2011...

  • TOP COURT DECLINES TO HEAR RETAILERS' CHALLENGE TO FEDERAL RESERVE RULES ON' SWIPE FEES' FOR DEBIT CARDS.

  • Shares of CytRx jumped Tuesday before markets opened after the drug developer said regulators have lifted a restriction placed on research into aldoxorubicin, a potential treatment for several forms of cancer. CytRx said it modified its research so it could avoid risks to patients and still study the drug's impact on several forms of cancer.

  • A State Department official said in an emailed statement that other federal agencies dealing with environment, commerce and other matters were notified Friday that they have a little over two weeks left to weigh in. The bill is now under consideration in the Senate, where Republican and Democratic supporters have said they hope the legislation could win...

  • WASHINGTON, Jan 16- The U.S. State Department told other federal agencies on Friday it needs to hear their views on the Keystone XL pipeline by Feb. 2 as officials conclude their assessment of the controversial project. The State Department is reviewing whether the proposed pipeline by TransCanada Corp is in the U.S. national interest and is taking input from...

  • DIARY- Top Economic Events to Jan 30 Friday, 16 Jan 2015 | 7:00 PM ET

    ATLANTA, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart gives welcome remarks and speaks on " Federal Reserve Bank of Atlanta's CED Programs and Financial Literacy Programs" before the HOPE Global Forum- 1350 GMT. DUBLIN- The Central Bank of Ireland, Center for Economic Policy Research and International Monetary Fund are organizing a...

  • SAN FRANCISCO, Jan 16- The Federal Reserve is still on track for a potential mid-year interest-rate increase, a top Fed official said on Friday, citing strong U.S. economic momentum and a falling unemployment rate. "There is no need to rush to raise rates; at the same time we want to make sure that we appropriately act in a way that we don't get behind the curve," San...

  • Jan 16- Two online payday lending companies linked to a professional racecar driver have agreed to pay a record $21 million to resolve charges by U.S. regulators that they engaged in deceptive practices, the Federal Trade Commission said on Friday. The settlement with Kansas- based AMG Services Inc, which serviced the loans, and MNE Services Inc, which lent to...