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  • Arkansas to end alternative Obamacare plan for poor Thursday, 12 Feb 2015 | 2:29 PM ET

    LITTLE ROCK, Ark., Feb 12- Governor Asa Hutchinson of Arkansas has signed legislation that will end by 2017 the state's innovative but controversial adaptation of the Affordable Care Act, which has provided nearly 190,000 residents with health coverage. Arkansas' "private option" plan uses federal funds from the Affordable Care Act, also known as Obamacare, to...

  • NEW YORK, Feb 12- How far does electric car maker Tesla Motors Inc have to go to reach its goal of matching Apple Inc's current market value? Tesla CEO Elon Musk surprised analysts on the company's earnings call on Wednesday by saying that his company could be worth $700 billion by 2025. That is roughly the same size as Apple Inc, the most valuable company in the...

  • BRUSSELS, Feb 12- Greece agreed on Thursday to talk to its creditors about the way out of its hated international bailout in a political climbdown that could prevent its new leftist-led government running out of money as early as next month. Prime Minister Alexis Tsipras, attending his first European Union summit, agreed with the chairman of euro zone finance...

  • Feb 12- Darden Restaurants Inc was sued on Thursday by the U.S. Equal Employment Opportunity Commission, which accused the company of age discrimination in hiring for its Seasons 52 restaurants nationwide. In a complaint filed with the U.S. District Court in Miami, the EEOC said it is "standard operating procedure" for Darden, which also runs the Olive Garden chain,...

  • WASHINGTON, Feb 12- The Obama administration sees planned new cybersecurity rules in China as a "major barrier" to trade and has raised concerns with Beijing at the highest level, a senior U.S. official said on Thursday. Holleyman said later it was "premature" to say whether the United States could challenge the rules at the World Trade Organization, but China had to...

  • LONDON, Feb 12- Greece should only receive more support if it complies with its existing agreements, ECB policymaker Jens Weidmann said on Thursday, adding that a relaxation of Greek targets would be "counter-productive" to restoring investor confidence. The comments by Weidmann, head of Germany's Bundesbank, will add to pressure on Greece, which is running out...

  • Representative Dave Reichert said he planned to introduce a resolution in Congress on Thursday to urge a swift end to the labor dispute that has throttled port activity on the West Coast. Eighty-four members of Congress signed a Jan. 30 letter urging the parties in a labor dispute between dockworkers and shipping lines and terminal operators to resolve...

  • US STOCKS-Tech rally, Ukraine deal boost Wall Street Thursday, 12 Feb 2015 | 1:29 PM ET

    *Ceasefire deal reached between Ukraine, Russia. *TripAdvisor soars on results; Expedia to buy Orbitz. Sentiment was also boosted by a ceasefire agreement between Russia and Ukraine, which soothed concerns that tensions in the region would prove a further drag on Europe's economy.

  • MINSK, Feb 12- Germany, France, Russia and Ukraine agreed a deal offering a "glimmer of hope" for an end to conflict in eastern Ukraine on Thursday, but the United States said continued, intense fighting ran counter to the spirit of the accord. The deal, announced after more than 16 hours of discussions through the night in the Belarussian capital Minsk, was followed...

  • REPRESENTATIVE SCHRADER SAYS PRESIDENT SHOULD STEP IN TO END DISPUTE IF PARTIES CANNOT RESOLVE.

  • REPRESENTATIVE DAVE REICHERT SAYS WILL INTRODUCE RESOLUTION TO CONGRESS THURSDAY TO URGE SWIFT RESOLUTION TO PORTS DISPUTE.

  • *Q4 adjusted loss 23 cents/ share vs est 32 cents. Feb 12- Rig contractor Hercules Offshore Inc said it slashed its workforce by nearly a third and cut salaries, as the company keeps a tight leash on costs to counter a fall in demand due to a slump in crude oil prices. Oil and gas producers, drillers and services providers such as Cenovus Energy Inc, BG Group Plc,...

  • Charles Schwab says it seeks new CFO Thursday, 12 Feb 2015 | 1:18 PM ET

    NEW YORK, Feb 12- Charles Schwab Corp is searching for a new chief financial officer to replace Joe Martinetto, who will switch to a different role later this year, Chief Executive Officer Walt Bettinger said Thursday. Martinetto is likely to perform functions similar to a chief administrative officer but will not assume that title, Bettinger said during the...

  • LAWMAKERS SIGN LETTER URGING PORT DISPUTE PARTIES TO QUICKLY RESOLVE THEIR DIFFERENCES.

  • SAN FRANCISCO, Feb 12- President Barack Obama is expected to announce an executive order directing the government and companies to share more information about cybersecurity threats in response to attacks like that on Sony Entertainment. As in other policy areas where Obama has been unable to get legislation through the now Republican-controlled...

  • LONDON, Feb 12- Britain's Serious Fraud Office has secured a key corporate conviction for foreign bribery after a London court sentenced the chairman and marketing director of a UK printing company for bribing public officials in Kenya and Mauritania. Judge David Higgins on Thursday sentenced Christopher Smith, the 72- year-old chairman of Smith and Ouzman,...

  • BRUSSELS, Feb 12- Greek negotiators will meet officials of the troika of EU, ECB and IMF soon, most likely in Brussels on Friday, to prepare Monday's key Eurogroup meeting on debt talks, an EU official said on Thursday, raising hopes of a possible deal. EU officials said Dijsselbloem and Alexis Tsipras agreed not to issue a formal written statement on the move but to...

  • *Credit Suisse, Renault rise after results. LONDON/ PARIS, Feb 12- European stocks hit multi-year highs on Thursday, boosted by a Ukraine peace agreement, Swedish economic stimulus measures and as investors held out hope for a Greek debt deal. The leaders of Germany, France, Russia and Ukraine reached an agreement to end fighting in eastern Ukraine, participants at...

  • *Chairman Laurent Beaudoin to retire. *Pierre Beaudoin takes over as chairman. Feb 12- Bombardier Inc stunned investors as it scrambled on Thursday to deal with big cost overruns in its long-delayed CSeries passenger jet program: replacing its chief executive, suspending dividends, and saying it needs to raise $2 billion in new debt and equity.

  • The automaker is working with Morgan Stanley and Goldman Sachs Group Inc for advice on how it should deal with former U.S. auto task force member Harry Wilson and four hedge funds that are pushing for the company to dip into its $25 billion in cash, GM said on Thursday. "We are working with a set of advisors including Goldman Sachs and Morgan Stanley," GM said in a...