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  • WASHINGTON, Oct 14- Conservative U.S. Supreme Court justices on Wednesday expressed doubt about whether the Obama administration had the authority to issue a regulation aimed at encouraging efficiency in the electricity market by having electrical grid operators pay users to reduce consumption at peak times. The court heard oral arguments in an appeal...

  • WASHINGTON, Oct 14- The U.S. Supreme Court on Wednesday appeared closely divided as it weighed a class action case in which advertising agency Campbell-Ewald Co is attempting to fend off a lawsuit over claims that it violated a federal consumer law by sending unsolicited text messages on behalf of the U.S. Navy. The nine-member court's conservative justices...

  • European shares slide on U.S. earnings, Chinese data Wednesday, 14 Oct 2015 | 12:42 PM ET

    *Wal Mart's weak forecast, China data weigh on sentiment. *ASML, Skanska hit by weak business updates. MILAN, Oct 14- European shares ended lower for a third consecutive session on Wednesday on disappointing U.S. earnings and concerns about deflationary pressures in China, while technology group ASML and builder Skanska declined after weak business updates.

  • WASHINGTON, Oct 14- Conservative U.S. Supreme Court justices on Wednesday expressed doubt about whether the Obama administration had the authority to issue a regulation aimed at encouraging efficiency in the electricity market by having electrical grid operators pay users to reduce consumption at peak times. The court heard oral arguments in an appeal...

  • Oct 14- Wal-Mart Stores Inc said earnings per share would decline as much as 12 percent next fiscal year due to investment in technology, higher wages and lower prices, sending its shares down more than 8 percent. "We can deliver stronger financial performance in the short-term simply by running our core business better but that won't be enough," Chief Executive...

  • UPDATE 1-Patient dies during Zafgen's obesity drug trial Wednesday, 14 Oct 2015 | 12:26 PM ET

    Oct 14- Zafgen Inc said a patient died during a late-stage trial testing the company's drug for a rare genetic disorder that leads to obesity. Zafgen said on Wednesday that the cause of death is currently unknown and that it had informed the U.S. Food and Drug Administration of the death. Trading in Zafgen's shares were halted on Wednesday.

  • GENEVA, Oct 14- China lost an appeal ruling on Wednesday in a World Trade Organization dispute in which Japan and the European Union had complained about Chinese use of anti-dumping duties on high performance, seamless stainless steel tubes. A WTO dispute panel had largely ruled against China in February, but all three parties appealed, and the WTO's Appellate...

  • *AB InBev and SABMiller will need new name if they merge. LONDON, Oct 14- Will a beer colossus by any other name taste as sweet? The current names of the firms, Anheuser-Busch InBev and SABMiller, are the acronym-heavy result of years of dealmaking.

  • JUSTICES QUESTION OBAMA ADMINISTRATION AUTHORITY TO PASS DEMAND-RESPONSE ELECTRICITY REGULATION.

  • Zafgen says patient dies during late-stage trial Wednesday, 14 Oct 2015 | 12:09 PM ET

    Zafgen said on Wednesday that the cause of death currently is unknown and that it had informed the U.S. Food and Drug Administration of the death.

  • *Oil eases falls below $50 on oversupply, China growth concern. NEW YORK, Oct 14- Global equity markets slid for a second day and the dollar eased to its lowest in almost a month on Wednesday as weak U.S. retail sales and a decline in producer prices added to expectations the Federal Reserve will not raise interest rates anytime soon. Mixed earnings from major U.S....

  • *China Q3 growth, weakest since 2009, further hurts oil demand. Crude futures have lost 7 percent so far this week, sliding without stop since Monday after OPEC reportedly pumped 110,000 barrels per day more in September than in August, and nearly 2 million bpd above forecast demand for 2015.. The American Petroleum Institute will issue preliminary stockpiles...

  • Big companies with investment grade ratings, such as EOG Resources and Apache Corp, do not normally face redeterminations as they have longer-term credits unsecured by reserves, according to filings. Company RIC RBL- RBL- RBL- Date Link Primary Before After Change Disclosed Operations Gulfport Energy Corp GPOR.O $575 $700 $125 8- Sep Oil&Gas Memorial...

  • NEW YORK, Oct 14- Delta Air Lines Inc on Wednesday said it will put the brakes on its expansion of flight capacity in 2016, in a move to fill up more planes and sell more seats at higher fares. In morning trade, shares of the Atlanta- based airline rose 2.4 percent after Delta also posted higher-than-expected adjusted profits of $1.38 billion, up 36 percent from a year...

  • *JPMorgan falls, Bank of America rises after results. Weak economic data from the United States and China added to worries about the health of the global economy even as investors' focus shifted to company results. "The major theme, not only today but through the balance of the earnings season, is going to be the revisions to fourth quarter and 2016 earnings," said Bill...

  • Oct 14- Wal-Mart Stores Inc said full-year sales would be flat due to the stronger-than-anticipated impact of the dollar's strength, and that investment in technology and employees would pressure earnings next year, sending its shares down 10 percent. Shares of the company, which also announced a $20 billion share buyback, fell to a more-than three-year low of...

  • Oct 14- French advertiser Publicis has agreed to pay nearly $3 million to settle claims that it discriminated against female employees based in the United States in pay and promotions and fired some of them for taking maternity leave, lawyers for the women said. In a filing in U.S. District Court in Manhattan on Tuesday, the lawyers said the 2011 class action...

  • *Copper edges up as soft dollar offsets China economy woes. LONDON, Oct 14- Copper steadied on Wednesday as a weaker dollar offset mounting concerns about economic growth in top metals consumer China. "The exchange rate plays a significant role in explaining the price movement," said Peter Fertig of Quantitative Commodity Research.

  • Most net longs in U.S. bonds in 1-1/2 years -JP Morgan Wednesday, 14 Oct 2015 | 11:08 AM ET

    Treasuries relative to their bearish or short bets to the highest level in 1-1/ 2 years, according to a J.P. Morgan survey released on Wednesday. The move came on signs of weakening growth in the United States and China, the world's two largest economies, and rhetoric from some top Federal Reserve officials who suggested an interest rate increase later this year is...

  • AFRICA'S COSATU CALLS FOR REJECTION OF SABMILLER-AB. Oct 14- Congress of South African Trade Unions. *Supports fawu in denouncing and calling for rejection of deal between sabmiller and ab inbev.