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  • LONDON, Sept 24- European shareholders in Volkswagen are considering claiming damages from the German car maker after it admitted rigging U.S. diesel emissions tests in a scandal that has wiped around $25 billion off its market value. "If we can with some certainty establish that we, as investors, were misled by the company, and that has affected our returns, then I...

  • PARIS, Sept 24- Private bank and asset manager the Edmond de Rothschild Group said on Thursday it would press ahead with legal action against a rival branch of the banking dynasty over use of the Rothschild name. The Edmond de Rothschild Group, which began the legal action a few months ago, said the name change would create confusion. "We deplore this decision, which...

  • WASHINGTON, Sept 24- A New Jersey- based bitcoin swap trading platform was sanctioned by U.S. derivatives regulators on Thursday after it allegedly facilitated illegal wash trades and then misled U.S. regulators both through press releases and at a government-sponsored public meeting. The Commodity Futures Trading Commission said TerraExchange LLC...

  • President Barack Obama would veto legislation to continue funding the government if it strips federal money for Planned Parenthood, the White House said in a statement on Thursday. The White House said Obama would not sign any bill that included the Senate amendment eliminating the group's funding. "By eliminating federal funding for a major provider of...

  • *Auto sector falls 3.3 pct, led by BMW; VW edges up. *Wall Street lower before Fed's Yellen speaks. Federal Reserve Chair Janet Yellen sent Wall Street into the red.

  • WASHINGTON, Sept 24- A federal court in Ohio refused on Thursday to stop a $1.9 billion merger of medical technology provider Steris Corp and British sterilization services provider Synergy Health Plc, despite the objections of U.S. antitrust enforcers.

  • BRASILIA/ SAO PAULO, Sept 24- Brazil's depressed currency rebounded on Thursday after the head of its central bank warned that it is ready to use all instruments in its arsenal to curtail the real's collapse as investors fret over the future of Latin America's largest economy. The real, which earlier in the session had tumbled to a new all-time low of 4.248 to the...

  • WASHINGTON, Sept 24- Hudson City Bancorp will pay nearly $33 million to settle civil charges alleging the New Jersey- based bank wrongfully discriminated against prospective black and Hispanic home buyers, in a case that marks the largest ever redlining settlement in history, the U.S. government said Thursday. The joint action by the U.S. Justice Department and...

  • Facebook.com not working for some users Thursday, 24 Sep 2015 | 12:46 PM ET

    Sept 24- Facebook Inc's social media website was inaccessible on Thursday afternoon, but it remained unclear whether the glitch affected all or some users. A message displayed on facebook.com said "Sorry, something went wrong. We're working on it and we'll get it fixed as soon as we can. "

  • *FACEBOOK INC APPEARS TO BE DOWN Thursday, 24 Sep 2015 | 12:38 PM ET
  • Sept 24- General Electric Co said on Thursday it reached an agreement with Britain's export credit agency for up to $12 billion in financing, possibly creating as many as 1,000 jobs in the country. GE is already shifting jobs overseas because of the lack of U.S. export financing and plane-maker Boeing Co, the largest U.S. exporter, has threatened to do the same.

  • EU launches inquiry into web companies' online behavior Thursday, 24 Sep 2015 | 12:37 PM ET

    BRUSSELS, Sept 24- The European Commission on Thursday launched an inquiry into the behavior of online companies such as Google, Facebook and Amazon to try to gauge whether there is a need to regulate the web. It is not clear whether the inquiry will lead to any regulation of the Internet in the European Union, but it provides more evidence that mainly U.S. tech...

  • BERLIN, Sept 24- Porsche boss Matthias Mueller once joked that he was too old to run Volkswagen but the 62- year-old now looks certain to be given the task of steering the German car maker through the worst business crisis in its history. The top job at VW suddenly became available this week when chief executive Martin Winterkorn resigned after the company...

  • KB Home tops Street 3Q forecasts Thursday, 24 Sep 2015 | 12:22 PM ET
    KB Home is teaming up with the U.S. arm of an Australian company, Nexus eWater, which can recycle 2/3 of the water you use in your home on site.

    KB Home on Thursday reported fiscal third-quarter profit of $23.3 million.

  • WASHINGTON, Sept 24- Hudson City Bancorp will pay nearly $33 million to settle civil charges alleging the New Jersey- based bank wrongfully discriminated against prospective black and Hispanic home buyers, in a case that marks the largest ever redlining settlement in history, the U.S. government said Thursday. The joint action by the U.S. Justice Department and...

  • *Crude up earlier on 625,000 bbl Cushing draw cited by Genscape. NEW YORK, Sept 24- Oil prices seesawed on Thursday as tumbling stock prices on Wall Street offset bullish sentiment from inventory draws at the U.S. crude delivery hub cited by a market data provider. Brent was last up 35 cents, or 0.7 percent, at $48.10 a barrel by 11:48 a.m. EDT.

  • CAPE CANAVERAL, Fla. Sept 24- Aerojet Rocketdyne Holdings Inc will pay Orbital ATK $50 million to settle a dispute stemming from an Antares rocket launch accident last year that destroyed a load of cargo bound for the International Space Station, Aerojet said on Thursday. The company also said it would take title to 10 AJ-26 rocket engines previously earmarked...

  • LONDON, Sept 24- Emerging market capital inflows are the lowest since the late 1990 s and foreign exchange reserve growth is the slowest in over 20 years, according to research from U.S. bank Citi. Net capital flows into emerging markets "are now, at best, stalling," Citi said in a report published late on Wednesday titled: "Has the world reached its credit limit?

  • *Matthias Mueller be to new chief executive- source. BERLIN, Sept 24- Volkswagen will name Matthias Mueller, the head of its Porsche sports car brand, as its chief executive as it tries to recover from a scandal over its rigging of U.S. vehicle emissions tests, a source close to the matter said. The board will also dismiss the head of the company's U.S. operations and top...

  • Sept 24- Mortgage servicer Ocwen Financial Corp said it would cut 300 jobs, about 10 percent of its U.S. workforce, in Waterloo, Iowa to save costs. Ocwen has sold more than $90 billion of servicing rights since February. Ocwen will continue to operate in Waterloo and plans to lease about half of its facility in the city, the company said in a statement on Thursday.