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  • WASHINGTON, April 24- Supporters of the U.S. Export-Import Bank said on Friday they would press ahead with legislation to keep the bank alive despite efforts to shut it down. "The perspective on the other side is not' reform Export Import Bank,' it is' kill it,"' said Oklahoma Republican Frank Lucas, whose support for Ex-Im has made him a target for conservatives...

  • WASHINGTON, April 24- The White House on Friday dashed hopes of a breakthrough on U.S.- Japan trade when President Barack Obama and Prime Minister Shinzo Abe meet in Washington next week, further delaying a major 12- nation Pacific trade pact. A deal between Japan and the United States is vital to clinching a Trans-Pacific Partnership pact, as their economies...

  • WASHINGTON, April 24- Comcast Corp's failed bid to buy Time Warner Cable Inc is the latest muscle flex by U.S. antitrust enforcers and will likely deter chief executives from pursuing aggressive transactions as a way to spend excess cash. Comcast, which had barely convinced regulators to allow it to buy NBC Universal four years ago, folded under pressure from the...

  • April 24- BlackBerry Ltd is considering closing its offices in Sweden, a move that would result in the loss of up to 100 jobs, a company spokesperson told Reuters. "At this time, we are considering the closure of our offices in Sweden. The company's Toronto- listed stock closed little changed at C $12.62 on Friday.

  • ATHENS, April 24- Greece's parliament on Friday approved a decree forcing state entities to lend cash to the near-bankrupt state, defying protests by municipalities and labor unions. Just weeks away from running out of cash, Athens has been tapping into the cash reserves of public sector entities through so-called repo transactions to cover its needs.

  • HOUSTON, April 24- Aubrey McClendon, the former CEO of Chesapeake Energy Corp, is under investigation by the U.S. Department of Justice for potential antitrust violations related to leasing oil and gas properties, according to a regulatory filing by a new business venture he helps run. "In connection with the formal investigation of Chesapeake in 2012 by the U.S....

  • BRASILIA, April 24- Brazil is unlikely to have new railway projects in its plan to lure private investment to improve the country's aging infrastructure and aid the stagnant economy. Although the concession plan is expected to be smaller than the three previous ones in 2012, 2013 and 2014, President Dilma Rousseff hopes fresh investment will help offset the...

  • April 24- SunTrust Banks Inc, Apollo Global Management and Ares Management LP are considering offers for buying General Electric Co's unit that lends to private-equity firms in the United States, Bloomberg reported, citing people with knowledge of the matter. GE is working with Citigroup Inc to sell the business, which is expected to be worth $10 billion, the...

  • HOUSTON/ NEW YORK, April 24- Venezuela, struggling to pay for essential items such as food and medicine amid strict foreign currency controls, may have failed to collect about a third of its potential oil revenue in 2014, a Reuters analysis suggests. An exact figure for both realized and deprived revenues is unavailable given the absence of specific data from...

  • NEW YORK, April 24- Teva Pharmaceutical Industries' bid for Mylan NV would create a company controlling nearly 25 percent of the U.S. generics market, including drugs in short supply, according to industry experts and a Reuters review of regulatory filings. It is also pursuing a hostile takeover of drugmaker Perrigo Co Plc. Teva has already looked at the...

  • Amazon.com Inc, Microsoft Corp and Google Inc led Wall Street higher, pushing the Nasdaq to a second straight record closing high a day after it topped a record that had stood for more than 15 years. "I think we're on more solid footing than the last time," said Gordon Charlop, managing director at Rosenblatt Securities in New York, comparing the latest Nasdaq highs...

  • *Time Warner Cable rises; Charter seeks talks. April 24- The Nasdaq Composite and S&P 500 chalked up record high closes on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft. Google ended 2.9 percent after reporting higher quarterly results while Microsoft jumped 10.45 percent after it topped estimates.

  • WASHINGTON, April 24- U.S. and Japanese negotiators have made "substantial progress" toward a deal on a major Pacific free-trade pact but President Barack Obama and Prime Minister Shinzo Abe are not expected to announce a final accord during Abe's Washington visit next week, the White House said on Friday. A deal between Japan and the United States is vital to a...

  • NEW YORK, April 24- The Nasdaq and S&P 500 ended at record highs on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft. All three major indexes also posted gains for the week. Based on the latest available data, the Dow Jones industrial average rose 21.52 points, or 0.12 percent, to 18,080.21, the S&P 500 gained 4.78 points, or 0.23...

  • The amendment, approved by the Senate Finance Committee on Wednesday, would disqualify trade deals with countries deemed soft on human trafficking from special procedures designed to speed their passage through Congress. Trade Representative Michael Froman said on Friday, speaking at an Export Import Bank conference in Washington.

  • DETROIT, April 24- Ford Motor Co said on Friday it is recalling about 390,000 Ford Fiesta and Fusion and Lincoln MKZ models in North America because of a potential door latch malfunction. Affected vehicles were produced at Ford plants in Mexico, including the 2012-2014 Fiesta, the 2013-2014 Fusion and the 2013-2014 Lincoln MKZ. About 86 percent of the recalled...

  • Reuters reported earlier this month that Pure Storage Inc has hired banks in preparation for an IPO, one year after a private placement valued the data storage company at more than $3 billion. The San Jose, California- based company counts the U.S. Army, Starbucks Corp and eBay Inc among the thousand-plus customers for the infrastructure it builds for data...

  • Earlier Comcast Corp abandoned a $45 billion offer for Time Warner Cable after U.S. regulators raised concerns that the deal would give Comcast an unfair advantage in the cable TV and Internet-based services market. Charter contacted banks in recent weeks to begin preparations to arrange financing for the potential deal, even before Comcast announced it...

  • *Euro gains dwindle as Greece gets aid warning. NEW YORK, April 24- Data showing a seventh straight monthly decline in U.S. business spending plans knocked the dollar lower on Friday and gave Federal Reserve policymakers even less reason to raise near-zero interest rates any time soon. The euro backed away from a two-week high against the dollar after euro zone...

  • CALGARY, Alberta, April 24- TransCanada Corp, whose controversial Keystone XL pipeline project has waited more than six years for U.S. approvals, is asking the Obama administration to approve another pipeline, one that would take American crude oil into Canada. The company, Canada's No. 2 pipeline operator, said it applied on Wednesday for a presidential permit...