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  • *Blames Nevada's new policy for some installation shortfall. Feb 9- SolarCity Corp said on Tuesday it installed fewer rooftop solar systems than expected for the second straight quarter and warned that its supercharged growth would slow in 2016, sending shares down more than 30 percent. SolarCity blamed some of the shortfall on Nevada's decision in December...

  • WASHINGTON/ DETROIT, Feb 9- U.S. vehicle safety regulators have said the artificial intelligence system piloting a self-driving Google car could be considered the driver under federal law, a major step toward ultimately winning approval for autonomous vehicles on the roads.

  • Feb 9- Standard and Poor's Ratings Services has cut its credit ratings by one notch on four U.S. regional banks with large energy portfolios, citing a deterioration in the banks' asset quality over the past year. The regional U.S. banks are expected to have a rise in loan losses over the next two years, even if energy prices rebound modestly from current levels, the...

  • WASHINGTON, Feb 9- The White House said on Tuesday that President Barack Obama would deliver a tough message to China during a summit with Southeast Asian countries next week that disputes over the South China Sea must be resolved through global rules and not through "bullying." White House deputy national security adviser Ben Rhodes told reporters on a...

  • WASHINGTON, Feb 9- The U.S. Supreme Court on Tuesday delivered a major blow to President Barack Obama by blocking federal regulations to curb carbon dioxide emissions from power plants, the centerpiece of his administration's strategy to combat climate change. The states, led by coal producer West Virginia and oil producer Texas, and several major business...

  • WASHINGTON, Feb 9- The U.S. Supreme Court on Tuesday delivered a major blow to President Barack Obama by blocking federal regulations to curb carbon dioxide emissions from power plants, the centerpiece of his administration's strategy to combat climate change. On a 5-4 vote, the court granted a request made by 27 states and various companies and business groups...

  • The FDA usually, but not always, follows the advice of its advisory panels. But the FDA has previously determined it may be appropriate to license biosimilars for additional conditions for which a branded product is approved, even if the biosimilar has not been tested for them. Steven Solga, head of gastroenterology at St. Luke's University Hospital in Bethlehem,...

  • *Q4 rev $579.2 mln vs est. EPS 72 cents vs est. Feb 9- Online content distributor Akamai Technologies Inc reported better-than-expected quarterly revenue, helped by higher demand for its security services, and announced a $1 billion share buyback program.

  • SAN JUAN, Feb 9- President Barack Obama's proposed budget for fiscal year 2017 would let Puerto Rico restructure debts and boost healthcare on the island, garnering some support from island advocates on Monday. As part of a proposed $4.1 trillion budget released on Monday, the Obama Administration called for "a broad legal framework" to allow Puerto Rico to...

  • *Toyota to end Scion brand, re-badge as Toyota cars. *Partly victim of millennials changing car buying habits. TOKYO, Feb 10- When Toyota Motor looked to the future at the turn of the millennium and aimed its new, edgy Scion small-car brand at twenty-somethings, it could not have guessed that the model would be dead after just 12 years.

  • TOKYO, Feb 10- Japanese retail traders have turned bullish on the yen for the first time in 2-1/ 2 years, a telling sign they are losing confidence over government efforts to cheapen the currency. "Japanese individual investors don't look like they will be bullish on the dollar and bearish on the yen any time soon, as far as recent market moves go," said Takuya Kanda,...

  • SAN FRANCISCO, Feb 9- Viacom Inc's Chief Executive Philippe Dauman rattled investors by lashing out at critics on a conference call, but his comments were not nearly as outrageous as those of some other heads of companies. In his first public remarks since being tapped last week to replace Sumner Redstone as Viacom's executive chairman, Dauman took umbrage with...

  • *USDA projects record-large world wheat ending stocks. Most-active wheat futures at the Chicago Board of Trade traded as low at $4.55 a bushel, the lowest level since the summer of 2010, before closing down 1 cent at $4.57-1/ 2. Corn futures ended down 1-1/ 4 cents at $3.61 after the most-active contract touched its lowest price since Jan. 15.

  • Feb 9- American Express Co wants to grow small-business lending to make up for revenue it expects to lose after its credit card partnership with Costco Wholesale Corp ends this year. The planned end of the partnership in March has been delayed a few months because it has taken more time to move customers to a new card, the Seattle Times reported last week.

  • NEW YORK, Feb 9- A U.S. judge said Tuesday that he would likely delay the release of a report detailing how well HSBC Holdings Plc has complied with anti-money laundering requirements until a federal appeals court could weigh in. District Judge John Gleeson in Brooklyn, New York, did not rule on whether he would put on hold his order requiring the unsealing of a...

  • *Yellen to defend Fed rate hikes in Congress. Feb 9- U.S. stocks ended a volatile session slightly lower on Tuesday as a late-day rally led by materials and healthcare shares offset another big drop in oil prices. Shares of Anadarko Petroleum dropped 7 percent to $37.24.

  • NEW YORK, Feb 9- Oil traders have scrambled to scoop up options as additional protection against wild swings in prices, sending a key index to its highest level since the worst of the global economic crisis in 2008, data shows. The flurry comes as oil benchmarks have tested new 12-1/ 2- year lows, falling nearly 8 percent on Tuesday, as one of the worst supply gluts in...

  • SolarCity said it expected a loss of $2.55- $2.65 per share for the current quarter. Net income attributable to shareholders was $4.6 million, or 4 cents per share, in the quarter ended Dec. 31 from a loss of $3.6 million, or 4 cents per share, a year earlier. Revenue rose 61 percent to $115.5 million, higher than analysts' estimate of $105.6 million.

  • NEW YORK, Feb 9- While Federal Reserve Chair Janet Yellen is the one tasked with delivering a message over the next two days when she speaks to Congress, financial markets are keen to know if she has absorbed their message to her: stifle your rate hike plans. "Investors are pricing in no chance of a rate hike until summer of 2017, and the Fed is indicating four more," said...

  • *U.S. shares erase most losses to end slightly lower. Index of top European shares hits lowest since Sept' 13. NEW YORK, Feb 9- U.S. stocks recovered from early losses to end slightly lower on Tuesday while European shares plunged for a second straight day on fears of slowing global growth, with particular concern over the health of the banking sector.