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  • WASHINGTON, Jan 13- The No. 2 Republican in the U.S. Senate said on Tuesday that American trade officials hoped to present a Pacific trade deal to Congress for consideration within the next two months. Trade Representative has been calling a number of us and saying that he thinks we are sort of on a two-month trajectory to getting something he'd like us to take up in...

  • HOUSTON, Jan 13- A DuPont and Co pesticide plant where four people died in a gas leak in November had been cited for emissions violations by a state agency on several occasions before the accident, the Houston Chronicle reported on Tuesday. The newspaper said that despite reports made to the Texas Commission on Environmental Quality in 2009 and 2010 regarding...

  • Jan 13- About 60 percent of Delta Air Lines flight attendants have demanded a vote on whether they should unionize, the first step toward an election supervised by a federal agency. On Tuesday cards that called for a vote, signed by nearly 12,000 of Delta's 20,000 flight attendants, were filed with the National Mediation Board, the International Association of...

  • Jan 13- KB Home, the No. 5 U.S. homebuilder, said it expected a "significant" drop in gross margins in the quarter ending Feb. 28, sending down its shares along with those of its competitors. "We do not expect to reach our housing gross profit margin goal of 20 percent in 2015," Chief Executive Jeff Mezger said on a conference call. "The inland areas of California were quite a...

  • Shenzen-based Kaisa said on Monday it had missed interest payments to investors in its offshore dollar bonds, that many of its bank accounts had been frozen and that a mainland China court had frozen more than $100 million of assets of one of its units. Kaisa's founder and chairman left the company in December, triggering an acceleration of repayment of a loan...

  • NEW YORK, Jan 13- U.S. authorities opened a new chapter in policing high-speed stock trading on Tuesday when they charged a Canadian man with fraud for manipulating stock prices through a process called "layering," according to prosecutors. Federal criminal prosecutors in New Jersey charged Aleksandr Milrud, 50, who they said was from Ontario, with one count of...

  • Jan 13- Verizon Communications Inc unveiled an Internet and wireless car service on Tuesday that lets drivers of older cars get help during a breakdown or find out about repairs and maintenance that might be needed. The wireless company said at the Detroit auto show that it will make its "Verizon Vehicle" service available in the second quarter of this year.

  • *Materials drag, led by Freeport McMoran. Copper prices dropped further below $6,000 per tonne to their weakest level in more than five years, while oil prices extended losses in U.S. afternoon trading. So it's this fear of lower commodity prices leading to global deflation which is leading this nervousness, "said Peter Cardillo, chief market economist at...

  • MADISON, Wisconsin, Jan 13- The hit on Canada's oil sector from the collapse in crude prices will bleed into the rest of the economy and may delay the country's return to its production potential, Bank of Canada Deputy Governor Timothy Lane said on Tuesday. Central banks around the world, the Bank of Canada included, will "look through" or ignore the immediate and...

  • LOS ANGELES, Jan 13- Director Woody Allen will make his first foray onto the small screen, writing and directing an online series for Amazon.com, the latest coup by deep-pocketed cable and streaming companies in luring the biggest names in film to television. Filmmakers such as Martin Scorsese, Steven Soderbergh, David Fincher and Guillermo del Toro have all...

  • WASHINGTON, Jan 13- The No. 2 Republican in the U.S. Senate said on Tuesday U.S. trade officials hoped to present a Pacific trade deal to Congress for consideration within the next two months. "On the Trans-Pacific Partnership, the U.S. Trade Representative has been calling a number of us and saying that he thinks we are sort of on a two-month trajectory to getting...

  • OIL FUTURES PARE LOSSES SHARPLY TOWARD CLOSE OF TUESDAY SESSION ON SHORT COVERING.

  • U.S. SENATE MAJORITY WHIP SAYS TRADE REPRESENTATIVE HAS TOLD SENATORS THERE IS A' TWO MONTH TRAJECTORY' TO ASKING CONGRESS TO CONSIDER PACIFIC TRADE PACT.

  • *Alcoa erases early gains after earnings; materials drag. Shares of homebuilders fell broadly after KB Home forecast a drop in gross margins for the first quarter. Homebuilder stocks had been up earlier in the session, but KB Home was last down 13.7 percent, while a housing index was down 0.9 percent.

  • Jan 13- Apple Inc has been granted a patent for a wearable camera that could possibly challenge action cameras made by GoPro Inc.. The patent, which cites specific weaknesses in GoPro's cameras, includes details about a camera system that can be mounted on bike helmets or scuba masks, Apple said in an application filed with the U.S. JMP Securities analyst Alex...

  • NEW YORK, Jan 13- The U.S. government said on Tuesday it expects domestic oil output in 2016 to grow just 2.2 percent, the slowest pace in years, as the relentless rout in prices puts the brakes on the country's five-year shale boom. In its first forecast for next year, the U.S. Energy Information Administration said domestic oil production will rise about 200,000...

  • WASHINGTON, Jan 13- Republican and Democratic senators introduced legislation on Tuesday that would make it easier for high-tech firms in the United States to hire more foreign specialists in science, technology and engineering. A bill by Senate Finance Committee Chairman Orrin Hatch of Utah, which is home to some of the companies that would benefit, would...

  • NEW YORK, Jan 13- Stock markets around the world edged higher on Tuesday on investor hopes for economic stimulus from the European Central Bank, though Wall Street turned negative as crude oil continued to fall. Oil hit a near six-year low as the United Arab Emirates defended OPEC's decision not to cut output and traders wondered when a six-month-long price rout...

  • U.S. budget surplus at $2 billion at end of December Tuesday, 13 Jan 2015 | 2:00 PM ET

    WASHINGTON, Jan 13- The U.S. budget surplus was $2 billion at the end of December, down 96 percent from the same period last year, according to data released by the Treasury Department on Tuesday. The fiscal year-to-date deficit at the end of December was $177 billion compared with a deficit of $173 billion in the comparable period last year. Receipts for the month...

  • NEW YORK, Jan 13- Oil prices fell by up 3 percent to near six-year lows on Tuesday, with Brent briefly trading at par to U.S. crude for the first time in three months as some traders moved to take advantage of ample storage space in the United States. Brent was down $1.48 at $45.95 a barrel by 1850 GMT, after falling to $45.19, its lowest since March 2009.