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Government Agencies

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  • MELBOURNE, Jan 28- London copper climbed away from 5-1/ 2 year lows on Wednesday, propped up by a weaker dollar after worsening U.S. durable goods orders sparked concerns the Federal Reserve may push back its timeline for raising interest rates at a meeting later in the session. *Three-month copper on the London Metal Exchange climbed by 0.7 percent to $5,458 a...

  • *Apple bucks the trend by beating estimates, shares jump. SYDNEY, Jan 28- Asian stock markets followed Wall Street into the red early on Wednesday, while the euro managed a rare rally on speculation the Federal Reserve could take a dovish turn in its post-meeting statement later in the session. Apple Inc provided some relief after the bell as record sales of its...

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • *Markets giving Greece benefit of the doubt for now. Investors have bid the dollar higher in anticipation that the Fed will be raising interest rates around mid-year as the U.S. economy recovers its growth momentum at the same time major central banks in Europe and Japan are loosening policies to spur activity. Given the durables data people are more wary of the...

  • Robert Califf, a top cardiologist and researcher, to oversee its drug, medical device and tobacco policy in what experts said is a coup for the FDA. "This is a great catch for the FDA," said Dr. Califf has run countless clinical studies, published more than 1,000 papers, served as an FDA adviser and has twice been interviewed as a potential FDA commissioner.

  • Treasury debt prices slipped on Monday ahead of $90 billion of fixed-rate supply and a Federal Reserve meeting later this week in a session marked by low volumes as a major winter storm hit the New York area. But as the day progressed, and traders began making early exits as transportation authorities from Philadelphia to Boston warned of commuting...

  • Jan 26- The U.S. Food and Drug Administration said it approved Teva Pharmaceutical Industries Ltd's generic version of AstraZeneca Plc's blockbuster heartburn drug Nexium, the agency's first such approval for the drug. Nexium raked in about $1.9 billion in global sales in the first half of 2014, according to AstraZeneca's latest earnings statement.

  • FDA names cardiologist to senior leadership position Monday, 26 Jan 2015 | 3:37 PM ET

    Robert Califf, a cardiologist and researcher, to oversee its drug, medical device and tobacco policy, in what experts said is a coup for the FDA. He has run countless clinical studies, served on FDA advisory committees, and was rumored in 2009 to be a potential FDA commissioner before the job went to the current commissioner, Dr. "He is a guy who could very easily be FDA...

  • In September, the National Aeronautics and Space Administration awarded contracts worth up to a combined $6.8 billion to Boeing and privately owned Space Exploration Technologies, or SpaceX, to fly crew to the station, a $100 billion research laboratory about 260 miles above Earth. NASA expects to pay an average of $58 million a seat when its astronauts begin...

  • CHICAGO, Jan 26- A California turkey farm has been quarantined after confirmation of the first case of an outbreak of the highly pathogenic H5N8 avian influenza strain in the Pacific Northwest and in a commercial flock, the U.S. government said. In the latest outbreak, Foster Farms said in a statement that it had informed the U.S. Department of Agriculture after...

  • Jan 26- The U.S. Food and Drug Administration approved Rockwell Medical Inc's drug for treating iron loss in chronic kidney disease patients on dialysis, sending the company's shares up about 15 percent in premarket trading. Samimy said she expected Triferic to hit peak sales of $200 million- $250 million in the United States. Rockwell estimates the market for...

  • HUD's Castro: Helping middle class home buyers   Monday, 26 Jan 2015 | 8:09 AM ET
    HUD's Castro: Helping middle class home buyers

    HUD Secretary Julian Castro, discusses home lending standards, and steps the FHA has taken to safeguard against another housing crisis, yet provide responsible home buyers a chance to own a home.

  • FHA lowering annual premiums   Monday, 26 Jan 2015 | 8:04 AM ET
    FHA lowering annual premiums

    CNBC's Diana Olick, and HUD Secretary Julian Castro, discuss the Federal Housing Administration's move to lower insurance premiums and how it is expected to help first-time home buyers.

  • The atmosphere will already be tense as the fallout from Sunday's snap election in Greece settles and concern has grown in some quarters that central banks, which played such a big part in guiding economies through the financial crisis, are becoming less predictable. The shock of the Swiss National Bank abandoning its cornerstone currency cap had yet to fully...

  • NEW YORK, Jan 23- The Federal Reserve could be key for Wall Street next week as investors get to hear from the U.S. central bank for the first time since a series of moves by its global peers, including the European Central Bank's massive stimulus plan. But the increased stimulus measures from the ECB and elsewhere globally, including the Bank of Canada, may make it...

  • TOKYO, Jan 23- Bank of Japan Governor Haruhiko Kuroda said on Friday he was 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 to launch a bond-buying program, following the...

  • 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...