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  • New York Times beats Street 4Q forecasts Thursday, 4 Feb 2016 | 8:39 AM ET

    NEW YORK _ The New York Times Co. on Thursday reported fourth-quarter earnings of $51.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. New York Times shares have decreased roughly 5 percent since the beginning of the year.

  • Why this will be virtual reality's breakout year Tuesday, 5 Jan 2016 | 9:00 AM ET
    People play with virtual reality head gear 'Gear VR' of Oculus during the Tokyo Game Show.

    Virtual reality is set to take off in 2016, as Facebook's Oculus and PlayStation launch their highly anticipated hardware.

  • NASHUA, N.H., Dec 28- Republican U.S. presidential frontrunner Donald Trump urged supporters on Monday to carry their enthusiasm into voting booths, citing recent news reports questioning whether he can turn his polling strength into victories in key primary states. The New York businessman is ahead in polls of most early primary states but he is now...

  • Valeant CEO hospitalized with severe pneumonia Monday, 28 Dec 2015 | 8:59 AM ET
    The headquarters of Valeant Pharmaceuticals International in Laval, Quebec.

    Valeant Pharmaceuticals on Monday said Chairman and CEO J. Michael Pearson will be on medical leave, effective immediately.

  • NEW YORK, Dec 25- Valeant Pharmaceuticals International Inc Chief Executive J. Michael Pearson was hospitalized with a "severe case of pneumonia" on Friday and is receiving treatment, a company spokeswoman said. "We wish him a speedy recovery and look forward to him returning to work when he is feeling better," the spokeswoman, Laurie Little, said in a statement.

  • Candidate Sanders says U.S. Fed 'hijacked' by bankers Wednesday, 23 Dec 2015 | 9:29 AM ET

    The populist Sanders last week criticized the Fed's decision to raise interest rates and acknowledged proudly in a Saturday night debate that Wall Street won't like him in the White House. "Wall Street is still out of control," Sanders wrote in a New York Times opinion piece. Sanders' relentless focus on the ills of Wall Street has kept pressure on Democratic...

  • Virtual reality tech for gaming & beyond Friday, 18 Dec 2015 | 7:00 AM ET
    Sony Project Morpheus virtual reality

    Tech firms are seeing a growing market for virtual reality, and its applications are stretching beyond the obvious.

  • Dec 17- Like celebrities who first are revered and then reviled, stocks get a boost from increasing media coverage but then underperform. That's the upshot of a new study which looked at 89 years of company news coverage in the New York Times. "Stocks with increases in media coverage outperform stocks with decreases in media coverage during the formation year and...

  • Facebook launches instant articles for Android users Wednesday, 16 Dec 2015 | 2:35 PM ET

    Dec 16- Facebook Inc said on Wednesday it launched its instant articles service for Android users which allows media firms to publish articles directly to the social network's news feeds. The service involves more than 350 publications worldwide including the New York Times, NBC News, the Guardian, Haaretz and Al Jazeera English. Instant articles was launched...

  • wrote Manohla Dargis of the New York Times. Creator George Lucas sold the "Star Wars" franchise to Walt Disney Co in 2012 for about $4 billion and the newest installment opens in most countries this week. The movie could gross $2.8 billion worldwide, JBL Advisors analyst Jeffrey Logsdon wrote in a research note to clients.

  • *2016 budget expected to be released around Dec. 21. *King's son Mohammed bin Salman puts mark on policy. DUBAI/ RIYADH, Dec 13- Saudi Arabia's government is expected to announce spending cuts and a drive to raise revenue from new sources as it lays out a strategy to cope with an era of cheap oil, people familiar with Saudi policy-making said.

  • COLUMN-Yamani legacy haunts the oil market: Kemp Wednesday, 9 Dec 2015 | 7:15 AM ET

    LONDON, Dec 9- "All political lives, unless they are cut off in midstream at a happy juncture, end in failure, because that is the nature of politics and of human affairs," wrote British politician Enoch Powell. Saudi Arabia's veteran Oil Minister Ali al-Naimi may wonder if he is destined to become the scapegoat for the current collapse in oil prices which is...

  • *Nikkei chairman Tsuneo Kita says guarantees independence of FT. LONDON, Nov 30- Nikkei Inc. will use its $1.3 billion purchase of the Financial Times to build a digital media powerhouse by harnessing the English-language newspaper's brand and skill for getting subscribers to pay for premium business news, its chairman said. "We wish to expand our market," Kita...

  • Nov 24- A U.S. investigation into potential foreign bribery by Wal-Mart Stores Inc has unearthed evidence of possible misconduct by the company in Brazil, the Wall Street Journal reported, citing documents and people familiar with the matter. In addition to Brazil, the department has been investigating potential violations of the Foreign Corrupt Practices...

  • But the firm will also use funds managed by BlackRock, the largest manager of exchange-traded funds under its iShares brand and a business partner of Fidelity's. When using non-Fidelity products, Fidelity Go managers will "initially select among ETFs advised by BlackRock, including iShares ETFs," according to a regulatory filing. BlackRock, the world's...

  • WASHINGTON, Nov 14- CBS News, which is hosting Saturday's Democratic presidential debate featuring Hillary Clinton and Bernie Sanders, is shifting the focus of the debate to issues of national security in the hours after the Paris attacks, the New York Times reported. The Times quoted Steve Capus, executive editor of CBS News, as saying the network felt it was...

  • NEW YORK, Nov 8- Donald Trump's appearance as guest host of "Saturday Night Live" helped the TV comedy sketch show earn its highest viewership ratings since 2012, the NBC television network said on Sunday. The show, which came under fire from Latino groups for inviting the blunt-spoken Republican presidential frontrunner to host, garnered a 6.6 rating in the 56...

  • Nov 5- The New York attorney general has launched an investigation into whether Exxon Mobil Corp misled the public about the risk of climate change and its impact on the company's oil business. The New York Times first reported the news earlier on Thursday. The Exxon Mobil investigation might expand to other oil companies, according to the people with knowledge...

  • Nov 5- The New York attorney general has launched an investigation into whether Exxon Mobil Corp misled the public about the risks of climate change or its investors about how those risks may hurt the company's oil business. Attorney General Eric Schneiderman subpoenaed the company on Wednesday evening, demanding extensive financial records, emails and...

  • Divestitures key part of strategy: IBM's Rometty Tuesday, 3 Nov 2015 | 1:47 PM ET
    Chairman, President and CEO of IBM Ginni Rometty participates in a panel discussion at the New York Times 2015 DealBook Conference at the Whitney Museum of American Art on November 3, 2015 in New York City.

    Ginni Rometty discussed Tuesday how the tech giant is downsizing after 14 straight quarters of falling revenue.