WASHINGTON— Donors gave more than $10 million in March to the committee tasked with electing House Democrats and helped it amass a $40 million fund to fight skepticism that Republicans can be ousted from their majority in November.» Read More
April 14- U.S. drugstore chain operator Walgreen Co is under pressure from a group of shareholders to consider relocating to Europe to gain tax benefits, the Financial Times reported.
*Thailand expected to post slowest GDP growth in Asia. BANGKOK, April 14- The golden Buddha statues, amulets and lucky charms that festoon Sakuntala Mettawong's tiny Bangkok cellphone shop are not helping business.
Entrepreneurs and investors say Silicon Valley's fast-growing financial ties with Russia's tech sector are being slowed
SAN MATEO, California— Entrepreneurs and investors say Silicon Valley's fast-growing financial ties with Russia's tech sector are being slowed down by current political tensions between the White House and the Kremlin.
*Armed men seize buildings in eastern Ukraine. *Kiev says cut-off of Russian gas looking likely.
*Ukraine says Russian gas price hike unacceptable. *Armed men seize buildings in eastern Ukraine. KIEV, April 12- Armed pro-Russian militants raised the Russian flag in an eastern Ukrainian city on Saturday, deepening a stand-off with Moscow which, Kiev warned, was dragging Europe closer to a "gas war" that could disrupt supplies across the continent.
Ukraine said on Saturday it was suspending payments to Russia for deliveries of gas, ratcheting up the tension in a standoff.
KIEV, April 12- Ukraine said on Saturday it was suspending payments to Russia for deliveries of gas, ratcheting up the tension in a standoff that has the potential to leave European Union states cut off from the Russian gas supplies on which they depend.
*He says gas exports shifting to Asia, away from Europe. *In talks with China on dropping dollar transactions. MOSCOW, April 12- Gennady Timchenko, the billionaire Russian gas trader hit with U.S. sanctions over his alleged ties with the Kremlin following Russia's annexation of Crimea, said being singled out by Washington was a badge of honour.
NEW YORK/ BOSTON, April 11- The U.S. Federal Bureau of Investigation is probing Herbalife Ltd, the nutrition and weight loss company that hedge fund manager William Ackman has called a pyramid scheme, sources familiar with the investigation said on Friday.
MEXICO CITY, April 11- AT&T has sold more than 300 million shares in billionaire Carlos Slim's America Movil, following up on other sales last year, a filing with the U.S. Securities and Exchange Commission showed on Friday.
WASHINGTON— A nonprofit group backing President Barack Obama's agenda raised nearly $6 million during the first three months of 2014.. Organizing for Action says it received more than 124,000 contributions since the start of the year, raising $5.88 million since January.
EBay shares rose 18 cents to $54.26 in morning trading. Billionaire investor Carl Icahn has been pushing eBay to spin off PayPal, a mobile payment business that is growing faster than the rest of the company.
DAKAR, April 11- Entrepreneurs are central to bridging Africa's widening inequality gap but most governments on the continent are not doing enough to help them, the regional head of billionaire Pierre Omidyar's philanthropic arm said.
RIO DE JANEIRO/ SAO PAULO, April 11- Brazil's security regulator believes that Eike Batista engaged in insider trading, newspaper Valor Economico reported on Friday, the latest blow to the tycoon, a one-time billionaire at the center of the country's largest corporate meltdown.
SAO PAULO, April 11- Brazil's security regulator believes that tycoon Eike Batista engaged in insider trading, newspaper Valor Economico reported on Friday, saying his oil company waited 10 months to inform shareholders that four oil fields were not commercially viable.
*Australia's Padbury Mining says ready to build new iron ore port. Padbury Mining said it was obtaining the funds from private Australian equity investors, who required anonymity, with an initial $470 million due in 40-45 days.
In total, SAC Capital has agreed to pay $1.8 billion to resolve criminal and civil probes into insider trading. SAC Capital also agreed to be placed on probation for five years, and employ a compliance consultant, former federal prosecutor Bart Schwartz.
SAN FRANCISCO/ NEW YORK, April 10- Carl Icahn backed off calls for eBay Inc to spin out its fast-growing PayPal payments unit on Thursday, after the billionaire investor failed to drum up support from the e-commerce company's major shareholders. Icahn withdrew his two nominees to eBay's board ahead of the company's annual meeting in May.
In total, SAC Capital has agreed to pay $1.8 billion to resolve criminal and civil probes into insider trading. SAC Capital also agreed to be placed on probation for five years, and employ a compliance consultant, former federal prosecutor Bart Schwartz. The sentencing marks the end of an era for SAC Capital, which by last year had managed $15 billion of assets.