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  • SAN FRANCISCO, Feb 10- Marc Andreessen, a prominent venture capitalist and Facebook Inc board director, apologized on Wednesday for tweets that condemned the Indian government for banning the social media company's free Internet service. India introduced rules on Monday preventing Internet service providers from having different pricing policies for...

  • NEW YORK, Feb 9- The S&P 500 ended flat on Wednesday, cutting its gains late in the session as commodity-related shares fell, while comments by Federal Reserve Chair Janet Yellen offered a mixed view on the rate outlook.

  • The company forecast bookings in the range of $150 million- $165 million, below the average analyst estimate of $177.3 million expected by research firm FactSet StreetAccount. Zynga, once one of Silicon Valley's fastest-growing companies, suffered a dramatic reversal of fortunes in 2012 as gamers switched from the company's Facebook-based desktop games...

  • DETROIT, Feb 10- Nearly one in five vehicles on U.S. roads is in need of repair of a safety issue serious enough to be involved in a federal government recall, according to used-car history provider Carfax. The highest rates of unfixed vehicles were, in order, Texas, Mississippi, Alaska, Utah and West Virginia, Carfax said. The U.S. National Highway Traffic Safety...

  • Feb 10- Michigan Governor Rick Snyder asked state lawmakers on Wednesday to provide more than $300 million in his current and fiscal 2017 budget proposals to deal with the lead-tainted water crisis in Flint and to keep the Detroit Public Schools from running out of cash as early as April. Flint protesters could be heard chanting during the budget presentation...

  • Feb 10- Morgan Stanley's Raj Dhanda, head of investment products and services in the wealth management business, is leaving the Wall Street bank after 26 years. Dhanda, who took over the role in March 2015, plans to pursue other opportunities, according to an internal memo to employees. Dhanda, who previously served as co-head of global capital markets, took over...

  • *Government sought advice on setting up Infrastructure Bank. OTTAWA/ TORONTO, Feb 10- The Canadian government is talking to the country's largest pension funds about investing in billions of dollars worth of infrastructure projects to help stimulate the economy, the Infrastructure Ministry told Reuters on Wednesday. Executives at Canada's pension funds,...

  • WASHINGTON/ DETROIT, Feb 10- Alphabet Inc's Google unit told U.S. auto safety regulators that the government's interpretation of motor vehicle safety rules is "extremely important" to its further development of fully self-driving cars. In a Nov. 12 letter to the U.S. National Highway Traffic Safety Administration reviewed by Reuters on Wednesday, the director...

  • USDA also said on Tuesday that global wheat supplies would reach record levels this year due to falling consumption in China and India. "Wheat, corn and soybeans are still burdened by the forecasts of large global supplies made by the USDA monthly report on Tuesday," said Frank Rijkers, agrifood economist at ABN AMRO Bank. "But markets have been moving in and out of...

  • EXCLUSIVE- CANADA IN TALKS WITH MAJOR CANADIAN PENSION FUNDS OVER INVESTMENT IN INFRASTRUCTURE PROJECTS- MINISTRY.

  • WASHINGTON, Feb 10- The Federal Reserve said on Wednesday the U.S. financial system is well-positioned to weather headwinds and the fall in stock prices may have put the nation's asset markets on a healthier path. In its semi-annual monetary policy report to Congress, the Fed said financial vulnerabilities in the United States have continued to moderate since...

  • BOSTON, Feb 10- Fidelity's high-flying OTC Portfolio, which has trounced benchmark returns over the past several years, is taking a beating in the early going of 2016 that is nearly unrivaled in the U.S. mutual fund industry. That is worse than 98 percent of peers running large-cap growth funds, according to Lipper Inc.. It has been an upside-down year for the 39-...

  • Feb 10- SolarCity Corp's shares plunged on Wednesday as investors worried about the company's ability to raise funds amid slowing growth in rooftop solar panel installations. Shares of SolarCity, backed by Tesla Motors CEO Elon Musk, slumped as much as 31 percent to their lowest in nearly three years, a day after the company said it installed...

  • Feb 10- Alphabet Inc's Google unit told U.S. auto safety regulators that the government's interpretation of motor vehicle safety rules is "extremely important" to its further development of fully self-driving cars. In a Nov. 12 letter to the U.S. National Highway Traffic Safety Administration reviewed by Reuters on Wednesday, the director of Google's...

  • *Two-, 10- year yield curve flattest since December 2007. NEW YORK, Feb 10- U.S. "It went pretty well... demand is definitely here at these yield levels," said Justin Lederer, an interest rate strategist at Cantor Fitzgerald in New York.

  • Feb 10- In a conference call after the company's disappointing results on Tuesday, Viacom Inc Chief Executive Philippe Dauman, among other things, said he was "focused on getting Viacom's stock price back" to levels it had been "just a short time ago." Shares of Viacom are down 64 percent from their peak in July 2014, a period when it was heavily repurchasing its shares.

  • NEW YORK, Feb 10- The dollar fell to a 15- month low against the yen on Wednesday as investors packed into the safe-haven Japanese currency, backing away from earlier optimism that the Federal Reserve would continue to raise interest rates. Investors perceived dovishness on the part of Federal Reserve Chair Janet Yellen, who testified before the House...

  • SAN FRANCISCO, Feb 10- Interest payments that Federal Reserve Chair Janet Yellen calls "critical" to the U.S. central bank's conduct of monetary policy came under fire on Wednesday from lawmakers, raising questions about new potential political hurdles ahead for the Fed. In an unusual display of bipartisanship, Jeb Hensarling, the Republican who chairs the...

  • NEW YORK, Feb 10- Investors in U.S.-based mutual funds poured $8.1 billion into stock funds in the latest week, marking the biggest inflows since Nov. 2013 on views that recent weakness has made U.S. shares more attractive and overseas stocks remained promising. Investors committed $2.3 billion to funds that specialize in U.S. shares in the week ended Feb. 3,...

  • NEW YORK, Feb 10- Gold option volatility surged to the highest in more than a year as investors have placed new bullish bets that prices will extend their recent rally to multi-month highs amid greater appetite for safe-haven assets and global economic concerns. With prices briefly tapping the key psychological level of $1,200 per ounce on Monday, the buying...