Even as China's economy rises, its stocks' returns are hobbled by fraud and dodgy accounting World stock markets sag ahead of potentially pivotal Federal Reserve meeting, Scotland vote Allergan agrees to move forward with special shareholders meeting in December Sears borrows $400 million from a hedge fund run by its CEO Lampert Trump Plaza shuts down, becomes 4th Atlantic City casino to close this year US producer prices likely rose only slightly in August, latest sign of mild inflation Beijing says deep sea rig that sparked standoff with Vietnam later found gas closer to China Russia's ruble drops to all-time low amid fears over fallout from economic sanctions As Fed meets, speculation swirls over possible change in Fed language on timing of rate hike Alibaba increases IPO price range to between $66 and $68 per share from $60 to $66 per share.» Read More
WASHINGTON, May 1- The U.S. administration was right to leave Japan last week with no firm trade agreement because no deal is better than a bad deal, Senate Finance Committee chairman Ron Wyden said on Thursday.
May 1- Avon Products Inc's quarterly results on Thursday showed just how hard it will be for the direct seller of beauty products to turn itself around, with big setbacks in key markets like Russia, Latin America and the United States.
The total includes 8 million people who selected private plans through state and federal insurance marketplaces and another 4.8 million who enrolled in the Medicaid and Children's Health Insurance Program, two government programs that serve lower income Americans.
*May Day holiday mutes trading volume in Europe, Asia. NEW YORK, May 1- Wall Street stocks edged higher on Thursday, led by a resurgence in Internet shares, while disappointing data on Chinese manufacturing activity knocked oil prices to a three-week low.
Hoeven, a North Dakota Republican, said he has 55 co-sponsors for a bill that would take the power to approve the TransCanada Corp's pipeline out of the hands of the State Department and put it in the hands of Congress.
April 30- T-Mobile US Inc said it added a record number of customers in the first quarter, blowing past its competitors as the company's aggressive discounts lured in subscribers.
WASHINGTON, May 1- The White House on Thursday called on Congress to pass legislation to create a national standard for telling consumers when their data has been hacked, one of six policy recommendations from a 90- day review of data and privacy.
TORONTO, May 1- Bugan Wigan could handle the hard work packing fruit and cleaning hotel rooms, and the crushing debt she owed recruiters who found her jobs. But a backlash against the foreign worker program that brought her to Canada means the clock is ticking on her ability to support her family in the Philippines.
WHITE HOUSE SAYS CONGRESS SHOULD UPDATE ELECTRONIC COMMUNICATIONS PRIVACY ACT TO REMOVE OUTDATED RULES FOR STORED AND UNREAD EMAIL.
May 1- Pfizer Inc may sweeten its offer for Britain's AstraZeneca Plc to more than 63 billion pounds, or $106 billion, and raise the cash portion of the deal, to kickstart negotiations, Bloomberg reported on Thursday.
WHITE HOUSE SAYS ADMINISTRATION NEEDS TO LOOK AT UPDATING EXISTING REGULATIONS PROTECTING STUDENT DATA ONLINE.
WHITE HOUSE, IN REVIEW OF' BIG DATA' AND PRIVACY, CALLS FOR CONGRESS TO PASS NEW DATA BREACH LAW TO TELL CONSUMERS WHEN DATA HAS BEEN HACKED.
*COO job to disappear, Hinrichs remains head of Americas. DEARBORN, Mich., May 1- Ford Motor Co on Thursday made official what investors and analysts had been waiting for- Chief Executive Alan Mulally this summer will pass the baton of leadership to Chief Operating Officer Mark Fields, six months earlier than expected.
In the lawsuit, filed in 2012, eBay and Intuit Inc were accused of agreeing not to recruit each others' employees, the Justice Department said in a news release.
It remained unclear, however, if the bill would even get a vote in the Senate, which is held by President Barack Obama's Democrats, 55-45. Sixty votes are routinely needed to clear procedural hurdles against legislation.
May 1- Canada's Bombardier Inc on Thursday reported slightly weaker-than-expected quarterly results and a sharp jump in spending, which sparked some analyst concern about the company's liquidity as it continues to pour money into its CSeries aircraft program.
*Libya to resume oil exports from Zueitina port this week. NEW YORK, May 1- Brent oil was pressured on Thursday by lacklustre Chinese economic data and expectations for a rebound in Libyan oil exports, while U.S. crude also fell in the wake of the previous day's news that stockpiles reached multi-decade highs.
BOSTON, May 1- Microsoft Corp is helping the estimated hundreds of millions of customers still running Windows XP, which it stopped supporting earlier this month, by providing an emergency update to fix a critical bug in its Internet Explorer browser.
May 1- Alpha Natural Resources Inc and Walter Energy Inc cut their production forecast for metallurgical coal, joining rival U.S. coal miners in tightening supply in a bid to drive up prices.
*Spending gain largest since August 2009. WASHINGTON, May 1- U.S. consumer spending recorded its largest gain in more than 4-1/ 2 years in March and factory activity accelerated last month, reinforcing views the economy was regaining steam.