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  • WASHINGTON, Feb 27- A bipartisan group of U.S. legislators reintroduced a bill on Friday aimed at putting pressure on China to ensure autonomy and human rights in Hong Kong. It would require the U.S. secretary of state to certify annually that Hong Kong is sufficiently autonomous before enacting any new laws or agreements granting Hong Kong such different...

  • The data breach involved current and former Uber drivers, and the company has notified attorneys general in states where those drivers live, including California. The company has raised more than $4 billion from prominent venture capital firms such as Benchmark and Google Ventures, valuing Uber at $40 billion and making it the most valuable startup in the...

  • ZURICH, Feb 27- Credit Suisse said on Friday it would put aside more funds related to a U.S. investigation into whether the Swiss bank deceived investors in mortgage-backed securities it had issued. The U.S. government's examination of financial crisis-era mortgage abuses is now the Zurich- based bank's biggest legal worry, after it in May set aside a years-long...

  • OTTAWA, Feb 27- When Bank of Canada Governor Stephen Poloz abandoned a policy of offering forward guidance on interest rates last year, he said telling traders explicitly what's going to happen can boost volatility as it spurs a rush for the exits when things change. "How fast the market is flip-flopping around on interest rates in Canada has been quite...

  • NEW YORK, Feb 27- Puerto rico's debt-laden power authority, Prepa, said on Friday that it will hold off on presenting a restructuring plan to creditors as it continues to negotiate an extension of forbearance agreements with bondholders and lenders. The current agreement, which expires on March 31, had called for a deadline of this Monday for Prepa to unveil a...

  • Shares of the bank plunged 46.3 percent and were then halted on Friday, after the FDIC recalled a press release announcing that the bank was closed. The FDIC said the press release, announcing that it had been appointed as receiver to the bank, had been sent in error. Doral was closed by the Office of the Commissioner of Financial Institutions of Puerto Rico, which...

  • Feb 27- About 50,000 of Uber's driver names and license numbers may be in the hands of an unauthorized third party due to a data breach that occurred last year, Los Angeles Times reported, citing the ride service provider's managing counsel of data privacy. The company could not say how the security vulnerability was first discovered because the matter is...

  • RIO DE JANEIRO, Feb 27- Brazil's embattled state-run oil company Petroleo Brasileiro SA, said on Friday that its director of the company's powerful corporate services division will take a 90- day leave of absence on health grounds. Dutra, a former Brazilian Senator, was also Petrobras chief executive officer for two and a half years from 2002 to 2005 and...

  • NEW YORK, Feb 27- U.S. stocks closed lower on the last trading day of February after mixed U.S. economic data on a day when European stocks hit records and oil prices rebounded for their first monthly gain since June. The Nasdaq was the weakest of the three major U.S. indexes on Friday, weighed down by Apple Inc as some investors took profits ahead of its March 9 product...

  • WASHINGTON, Feb 27- The U.S. Federal Deposit Insurance Corporation said on Friday Puerto Rico-based bank Doral Financial Corp was closed, and its business taken over by Banco Popular de Puerto Rico.

  • NEW YORK, Feb 27- The S&P 500 posted its best monthly gain since October 2011 on Friday, but U.S. stocks ended lower for the day as U.S. economic growth slowed more sharply than initially thought in the fourth quarter. The S&P 500 gained 5.5 percent for the month, while the Nasdaq rose 7.1 percent, its best monthly performance since January 2012. That maybe set a tone for...

  • NEW YORK, Feb 27- Billionaire Ira Rennert and his investment firm were ordered on Friday to pay $118.2 million after being found liable for looting a magnesium company to build one of the most expensive mansions in America. A Manhattan federal jury found Rennert and Renco Group Inc liable for breach of fiduciary duty and other claims following a three-week...

  • *Treasuries set for weakest month since May 2013. U.S. government securities have posted a combined loss of 1.6 percent in February through Thursday, according to Barclays data, the biggest decline since May 2013. "Growth isn't spectacular, but it's still very robust, and this completely and conclusively will support a Fed reaching normalization," said Edward...

  • NEW YORK, Feb 27- Shares of San-Juan, Puerto Rico- based lender Doral Financial Corp plunged 46.3 percent and were then halted on Friday, following a U.S. Federal Deposit Insurance Corp recall of a press release announcing that the bank was closed. The FDIC said the press release, announcing that it had been appointed as receiver to the bank, had been sent in error.

  • NEW YORK, Feb 27- U.S. "Gold's just not in vogue right now and the average investor is trying to chase the stock market," said David Beahm, executive vice president for Blanchard& Co, a large precious metals retailer in New Orleans. Meanwhile, the spot gold market has been rangebound between $1,130- $1,392 per ounce for the past year.

  • WASHINGTON, Feb 27- The Air Force urgently needs a new long-range bomber to replace its aging fleet and will keep costs at or below a $550 million cap for each warplane, top U.S. officials told lawmakers on Friday. Air Force Secretary Deborah James said the Air Force understood that runaway costs had to be contained, and noted that a sharp reduction from the planned...

  • Feb 27- U.S. stocks closed lower on Friday as data showed U.S. economic growth slowed more sharply than initially thought in the fourth quarter, but the S&P 500 posted its best monthly performance since October 2011.

  • The U.S. Department of Agriculture's Risk Management Agency, which oversees the multibillion-dollar crop insurance program, by law uses the average price in February for harvest-time grain futures contracts to set the "floor" price that private insurers must guarantee farmers who sign up. Based on Friday's futures closes, the RMA is expected to set the floor...

  • MINT AMERICAN EAGLE GOLD COIN SALES IN FEBRUARY FALL 77 PCT TO 18,500 OZ.

  • CHICAGO, Feb 27- Just a week into the Chinese "Year of the Goat," chefs in New York are sharpening their knives and diners are preparing to drool over bowls of braised goat shoulder tortellini in a smoked broth and plates of rosemary-goat cheese ice cream. The homage dinner menu to the bleating ruminant at Craft Restaurant in New York on Friday night is just the tip of...