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  • SAN FRANCISCO, March 20- Kleiner Perkins Caufield& Byers partner and Silicon Valley socialite Juliet de Baubigny took the stand Friday in a gender discrimination case against the venture firm and said she never referred to a male partner in the suit as a "sex addict." The lawsuit, which Pao filed in 2012, has helped spark a broad, ongoing discussion about sexism in...

  • SAO PAULO, March 20- Brazil's antitrust regulator has secured the cooperation of some engineering firms and executives in the first leniency agreement arising from a bribery scandal at state-run Petrobras, the agency said on Friday. The dozens of companies investigated by various agencies in the multibillion-dollar Petrobras scandal have urged Brazil's...

  • March 20- A federal judge rejected Bank of America Corp's request to dismiss a lawsuit in which Cook County, Illinois, accused the lender of targeting black and Hispanic borrowers in the Chicago area with subprime mortgages. District Judge Elaine Bucklo in Chicago said Cook County could pursue allegations that the bank steered minority borrowers into an...

  • NEW YORK, March 20- A Philadelphia jury on Friday found that Johnson& Johnson's Janssen Pharmaceuticals failed to warn that antipsychotic drug Risperdal could cause male breast growth, in a case filed by a young man who had taken the drug, but it awarded no damages after finding no direct link to the man's condition. The verdict came after a month-long trial in the...

  • WASHINGTON, March 20- The oil and gas industry moved quickly on Friday to challenge new U.S. regulations for hydraulic fracturing on public lands, minutes after the Obama administration issued the rules. In what could be the start of a broad industry assault on the rules, the Independent Petroleum Association of America and Western Energy Alliance sued the U.S....

  • HELSINKI, March 20- Fitch cut the outlook on Finland's triple-A rated credit rating to negative on Friday, citing weak economic growth prospects. The country's economic output has yet to return to levels seen in 2008 after exports dwindled due to the euro zone crisis, as well as to difficulties in the mobile phone and paper industries and the crisis over key...

  • *Nike rises after results, outlook. March 20- U.S. stocks rose on Friday, pushing the Nasdaq to a 15- year high and helping the S&P 500 snap a three-week string of losses, following a pullback in the dollar, upbeat results from Nike and further biotech gains. Among early reporters, Nike jumped 3.7 percent to $101.98 as the biggest boost to the Dow after it posted a...

  • March 20- The hedge fund firm run by activist investor William Ackman said on Friday a federal judge's recent dismissal of a shareholder lawsuit against Herbalife Ltd did not "exonerate or bless" its business practices. Pershing Square Capital Management LP, which in December 2012 revealed a $1 billion bet against the weight loss and nutritional products...

  • UN Women not to partner with Uber in creating jobs Friday, 20 Mar 2015 | 5:18 PM ET

    March 20- A United Nations organization for gender equality and empowerment of women said it would not collaborate with online taxi service Uber Technologies Inc.. Uber said last week that it would partner with UN Women to create 1 million jobs for women as Uber drivers by 2020.. "UN Women will not accept an offer to collaborate in job creation with Uber", Executive...

  • NEW YORK, March 20- The bill is growing for New Jersey's attempt to revive Atlantic City, its financially distressed gambling hub. The information sheds further light on how much New Jersey taxpayers will shell out for Governor Chris Christie's decision to appoint an emergency manager for the resort city, a move that was opposed by many including Atlantic...

  • March 20- Investors enjoying near-record levels for major stock indexes will scrutinize housing data and other economic indicators in the coming week for hints about the timing of U.S. interest rate hikes to see if the rally will continue. That's the driver, "said Art Hogan, chief market strategist at Wunderlich Securities in New York. With Wall Street bracing...

  • *Nike rises after results, outlook. March 20- U.S. stocks rose on Friday, pushing the Nasdaq to a 15- year high and helping the S&P 500 snap a three-week string of losses, following a pullback in the dollar, upbeat results from Nike and further biotech gains. Among early reporters, Nike jumped 3.7 percent to $101.98 as the biggest boost to the Dow after it posted a...

  • SAN FRANCISCO, March 20- Kleiner Perkins Caufield& Byers partner and Silicon Valley socialite Juliet de Baubigny took the stand Friday in a gender discrimination case against the venture firm and said she never referred to a male partner mentioned in the suit as a "sex addict." The lawsuit, which Pao filed in 2012, has helped spark a broad and ongoing discussion...

  • SEATTLE, March 20- Washington state regulators have recommended BNSF Railway be fined $700,000 for not properly disclosing that its trains had spilled crude oil and other hazardous materials on 14 occasions over four months, officials said on Friday. BNSF rail cars leaked hazardous material in 16 separate incidents between November and March but in only two...

  • NEW YORK, March 20- U.S. stocks rose on Friday, pushing the Nasdaq to a fresh 15- year high and helping the S&P 500 to snap a three-week streak of losses following upbeat results from Nike, further gains in biotech and a pullback in the dollar.

  • March 20- Darden Restaurants Inc said on Friday it was looking for ways to "create value" from its real estate, as management installed after last year's activist investor-led coup reported continued traffic declines at its flagship Olive Garden chain. During their standoff with Darden, activist investors Barington Capital Group LP and Starboard Value LP...

  • NEW YORK, March 20- American International Group Inc shareholders won approval on Friday of a $970.5 million settlement resolving claims they were misled about its subprime mortgage exposure, leading to a liquidity crisis and $182.3 billion in federal bailouts. The U.S. Justice Department and U.S. Securities and Exchange Commission closed related probes...

  • NEW YORK, March 20 (Reuters)- The dollar stumbled on Friday, capping its worst weekly performance against the euro in more than two years, pulled lower by expectations U.S. interest rates will rise more slowly than previously expected. Jens Nordvig, Nomura's head of global foreign exchange, said one major reason for the sharp reduction in the Fed's rate forecasts...

  • NEW YORK/ BOSTON, March 20- Rapid7, LogRythm and Mimecast are joining a growing list of cybersecurity firms planning to go public in 2015 to capitalize on investor interest following a spate of hacker attacks, according to people familiar with the matter. Shares of publicly traded cybersecurity firms have outperformed the market in recent months, as...

  • *Dollar down on U.S. interest hike uncertainty, Greece. *Baker Hughes reports another drop in U.S. oil rig count. NEW YORK, March 20- Oil prices jumped on Friday with U.S. crude up 4 percent after the dollar fell on interest-rate uncertainty, lifting demand for dollar-denominated commodities from holders of other currencies.