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  • Crude's price rise came as talk of an extended outage at the 300,000- barrel per day Irving, St. John refinery in Canada, pushed front-month New York gasoline prices 1.5 percent higher. "There seemed to be a little nervous buying in the products, which led to short covering and turned us around," said Phil Flynn, an analyst at Price Futures Group in Chicago.

  • The meeting will consider whether adding screenings anywhere in the world might help, Victoria Day, a spokeswoman for the Washington- based group Airlines for America, said on Monday. American officials have said they would consider new ways to curb the worst outbreak of the disease on record after the first case of Ebola was detected in the United States last...

  • DETROIT, Oct 6- Detroit may take years before fully functioning as a city, its mayor said on Monday as he gave a tepid blessing to the plan for ending the city's historic bankruptcy. Mayor Mike Duggan was the last witness called by Detroit's attorneys, who then rested the city's case in a U.S. Bankruptcy Court hearing on the plan to adjust $18 billion of debt.

  • Oct 6- Billionaire Patrick Drahi's cable and telecoms company Altice SA is looking to acquire the Portuguese assets of Brazilian carrier Oi SA, a source familiar with the matter told Reuters. Portugal Telecom has already transferred its local assets to Oi and retains a minority stake in the enlarged carrier, Bloomberg reported on Monday, citing a source...

  • The drug, called brincidofovir, was developed by Chimerix Inc. The patient, Liberian national Thomas Eric Duncan, remains in critical but stable condition, the Texas Health Presbyterian Hospital in Dallas said. The patients included two at Emory University Hospital in Atlanta, Georgia, with ZMapp produced by San Diego- based Mapp Biopharmaceutical and one at...

  • *Gold rebounds after hitting 15- month low earlier. NEW YORK/ LONDON, Oct 6- Gold rose 1.4 percent on Monday, its biggest one-day gain in two months, as the dollar's sharp retreat sparked fresh physical demand and short covering after bullion earlier hit a 15- month low, traders said. "Gold's drop below $1,200 an ounce is sparking some more physical buying, especially...

  • NEW YORK/ LONDON, Oct 6- Arabica coffee futures catapulted more than 9 percent on Monday to the highest level in more than 2-1/ 2 years as forecasts for sustained dry weather in top-grower Brazil fueled concerns for severe damage to the 2015/ 16 crop. The spike brought futures above the April highs seen after Brazil's worst drought in decades ignited concerns over a...

  • Oct 6- GT Advanced Technologies Inc, Apple Inc's partner in a sapphire glass plant in Arizona, filed for bankruptcy on Monday in a stunning turn of events for a company whose fortunes looked bright only a few months ago. The stock fell more than 90 percent to 75 cents, wiping out nearly all of its $1.5 billion market worth. I don't think anyone expected this, "said Dennis...

  • WASHINGTON/ DALLAS, Oct 6- Federal officials and airlines are discussing whether U.S. airports should screen passengers to identify people who might have Ebola, but the White House on Monday said a ban on travel from West African countries would slow the fight against the virus. "What we're looking to do is review these screening measures," White House spokesman...

  • YOUR MONEY-Five ways to get help with your 401(k) Monday, 6 Oct 2014 | 2:22 PM ET

    NEW YORK, Oct 7- When Chris Costello wanted to test his new online 401 advice service called blooom, he asked his sister if she would let him peek under the hood of her account. The difference can be more than 3 percent a year on returns or up to 80 percent over 25 years, according to a recent study by benefits consultant Aon Hewitt and 401 advice service Financial...

  • Oct 6- Hilton Worldwide Holdings Inc said it would sell its flagship Waldorf Astoria New York hotel to a Chinese insurance company for $1.95 billion, one of the highest prices per room ever paid for a U.S. hotel. Anbang Insurance Group Co Ltd will pay $1.38 million per room for the Manhattan hotel that was once home to Marilyn Monroe, in a deal that will see Hilton...

  • WASHINGTON, Oct 6- The Obama administration is not considering a ban on travelers from countries most affected by the deadly Ebola virus outbreak but is reviewing possible additional passenger screening measures, the White House said on Monday. "A travel ban is not something that we're currently considering," White House spokesman Josh Earnest told reporters...

  • US STOCKS-Solar companies fall on heavy volume Monday, 6 Oct 2014 | 1:53 PM ET

    Nearly all companies in the space were lower, with Vivint Solar Holdings Inc down 9.8 percent to $12.40 as one of the biggest percentage decliners on the New York Stock Exchange. Among other names, Yingli Green Energy fell 2.9 percent to $3.03, SolarCity Corp lost 2.8 percent to $57.41 and the Guggenheim Solar ETF fell 4.5 percent to $38.24. Canadian Solar fell 2.7...

  • The news comes days after Boeing announced plans to shift defense services and support work out of Washington state, a separate and unrelated decision that could also add hundreds of jobs to the St. Louis area, the sources said on Monday. The 777 X decision calls for Boeing to shift some packages of work done by outside suppliers to its own St. Louis facility, the...

  • SAN FRANCISCO, Oct 6- Facebook Inc closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of Facebook's stock in recent months. WhatsApp founder Jan Koum will receive nearly $2 billion in stock, vesting over a four-year period, as an...

  • *Reported 2013 loss of 91.5 mln stg vs 2012 loss of 34.4 mln stg. FRANKFURT, Oct 6- Telecoms company Truphone will forge ahead with rapid expansion of its ground-breaking new business model, its chief executive said on Monday, as it seeks to reverse deepening losses stemming from heavy investment in the reinvention of its global network. "We are doing away with the...

  • WASHINGTON, Oct 6- Former Treasury Secretary Henry "Hank" Paulson told a packed courtroom on Monday that AIG shareholders were singled out for punishment as part of the U.S. government's attempt to contain the contagion of the 2008 financial crisis. "AIG, either fairly or unfairly,... became a symbol for all that is bad on Wall Street," Paulson said as he testified about...

  • NEW YORK, Oct 6- U.S. stocks were falling on Monday with a slide in Micron shares offsetting gains in Hewlett-Packard and traders cashing in on last Friday's sharp move higher. Hewlett-Packard was posting the sector's largest gains, up 5.2 percent to $37.02 after it said it would split into two listed companies and eliminate another 5,000 jobs.

  • Conn's Inc said it would consider selling itself or. Shares of the company, which has a market capitalization of about $1.20 billion, rose as much as 6 percent to $34.86. "What I'd think would be more likely is a partial or full spin off of the credit part of the business," SunTrust Robinson Humphrey Capital Markets analyst David Magee told Reuters.

  • WASHINGTON, Oct 6- The Obama administration is not considering a ban on travelers from countries most affected by the deadly Ebola virus outbreak, the White House said on Monday. "A travel ban is not something that we're currently considering," White House spokesman Josh Earnest told reporters at a daily briefing. "We feel good about the measures that are already in...