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  • Facebook gets U.S. antitrust approval to buy Oculus Wednesday, 23 Apr 2014 | 11:09 AM ET

    WASHINGTON, April 23- Social network giant Facebook Inc has won U.S. antitrust approval to buy Oculus VR Inc, a two-year-old maker of virtual reality goggles, the Federal Trade Commission said on Wednesday. Facebook said on March 25 that it planned to buy Oculus for $2 billion in its first-ever hardware deal.

  • U.S. EPA cuts 2013 target for cellulosic biofuel Tuesday, 22 Apr 2014 | 4:44 PM ET

    WASHINGTON, April 22- The U.S. Environmental Protection Agency on Tuesday slashed its target for 2013 use of cellulosic biofuel to less than a million gallons, after the industry failed to meet goals for production of the fuel last year.

  • April 22- The U.S. Food and Drug Administration on Tuesday proposed speeding up medical device approvals for patients who have no other treatment options through a new program focused on earlier and more frequent interactions between companies and FDA staff.

  • The proposed Expedited Access Premarket Approval Application program would feature earlier and more frequent interactions between companies and FDA staff. The program is not a new pathway to market, the FDA said, but rather a change in approach aimed at reducing the time it takes to develop a product and get it to market.

  • April 22- The U.S. Food and Drug Administration proposed on Tuesday a new, more collaborative approach for faster approval of high-risk medical devices intended to treat patients with serious conditions with no other treatment options.

  • DIARY - Top economic events to May 5 Monday, 21 Apr 2014 | 8:01 PM ET

    Federal Reserve, Ben Bernanke, will give a speech entitled "Eight Years of Crisis Management at the Federal Reserve and the Way Forward"- 1545 GMT. HALIFAX, Canada- Canadian Finance Minister Joe Oliver will speak at a Halifax Chamber of Commerce lunch in Nova Scotia- 1545 GMT.

  • Jobless rate still good gauge of slack: Fed study Monday, 21 Apr 2014 | 1:02 PM ET

    SAN FRANCISCO, April 21- The U.S. jobless rate in recent years has been a good gauge of slack in the economy, according to a paper published Monday by the Federal Reserve Bank of San Francisco that takes aim at critics who have argued otherwise.

  • Facing FTC action, U.S. ringmakers call off deal Thursday, 17 Apr 2014 | 6:53 PM ET

    WASHINGTON, April 17- Jostens, a leader in the school ring and academic memento market, on Thursday said it had dropped plans to acquire competitor American Achievement Corp- a deal the Federal Trade Commission had said it would fight.

  • April 17- The U.S. Food and Drug Administration warned that a common surgical procedure used to remove uterine fibroids could spread undetected uterine cancer. Data showed that the procedure, laparoscopic power morcellation, could significantly worsen a patient's chance of long-term survival, the regulator said.

  • WASHINGTON, April 17- The United States has taken steps to release a $450 million installment of frozen Iranian funds following a report from the International Atomic Energy Agency verifying that Iran is living up to its part of a landmark nuclear pact with world powers, the U.S. State Department said on Thursday.

  • NEW YORK, April 17- U.S. Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday. The Philadelphia Federal Reserve Bank also said factory activity in the U.S. mid-Atlantic region picked up in April at a faster clip than expected.

  • WASHINGTON, April 17- The United States has taken steps to release a $450 million installment of frozen Iranian funds following a report from the International Atomic Energy Agency verifying that Iran is living up to its part of a landmark nuclear pact with world powers, the U.S. State Department said on Thursday.

  • April 17- The U.S. Food and Drug Administration warned that a surgical procedure used to mince uterine fibroids and remove them through a tiny abdominal incision could spread cancer tissue beyond the uterus in women with undetected uterine cancer.

  • NEW YORK, April 17- The Federal Reserve logged $84 billion in net profit last year on its massive portfolio of assets, and average income will probably remain higher than before the financial crisis for another decade to come, according to an annual report.

  • WASHINGTON, April 17- Home improvement retail chain Lowe's Home Centers has agreed to pay a $500,000 penalty for violating rules governing lead paint exposure, the U.S. Environmental Protection Agency and the Department of Justice said on Thursday.

  • WASHINGTON, April 17- Home improvement retail chain Lowe's Home Centers has agreed to pay a $500,000 penalty for violating rules governing lead paint exposure, the U.S. Environmental Protection Agency and the Department of Justice said on Thursday.

  • TREASURIES-Prices fall on strong data, before supply Thursday, 17 Apr 2014 | 12:31 PM ET

    NEW YORK, April 17- U.S. Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday. The Philadelphia Federal Reserve Bank also said factory activity in the U.S. mid-Atlantic region expanded in April at a faster clip than expected.

  • LONDON, April 17- Bond purchases by the U.S. Federal Reserve have been twice as effective at boosting economic output as those by the Bank of England, research by a BoE policymaker showed on Thursday.

  • LONDON, April 17- The dollar fell against a basket of currencies on Thursday after Federal Reserve Chair Janet Yellen reiterated an accommodative monetary policy stance in comments.

  • GLOBAL MARKETS-Google, IBM cast shadow Thursday, 17 Apr 2014 | 4:23 AM ET

    *Earnings depress Google, IBM in after-hours trade. LONDON, April 17- European stocks dipped on Thursday as disappointing earnings from U.S. tech heavyweights Google and IBM dampened the previous session's upbeat tone on Wall Street, and the dollar weakened on dovish remarks from the Federal Reserve.