Dec 5- The city of Los Angeles has filed a lawsuit against Citigroup and Wells Fargo, seeking damages for a loss in tax revenue due to discriminatory mortgage lending to the city's minority communities, a court filing showed.» Read More
NEW YORK, June 11- Royalty Pharma, pursuing a hostile $8 billion takeover of Irish drugmaker Elan Corp Plc, moved on Tuesday to make sure it is not blocked by a potential $200 million share buyback and drug spinoff at the target company.
*Dole Food jumps after CEO proposes buyout. NEW YORK, June 11- U.S. stocks fell in a volatile session on Tuesday after Japan's central bank disappointed equity markets by holding steady its monetary policy.
June 11- Google Inc asked the U.S. Department of Justice Tuesday for permission to publish the total number of government requests for national security information, arguing the figures would show the company does not give the government "unfettered access" to its users' data.
WASHINGTON, June 11- President Barack Obama's intelligence czar this week sent a message to tens of thousands of U.S. intelligence community workers, reemphasizing the need to safeguard sensitive data in the wake of a contract employee's leak of highly classified National Security Agency documents, a government source said.
*Police fire water cannon, teargas on Taksim Square. ISTANBUL, June 11- Turkish riot police using tear gas and water cannon battled protesters for control of Istanbul's Taksim Square on Tuesday night as demonstrators defied Prime Minister Tayyip Erdogan's demand they clear the area and end 10 days of demonstrations.
WASHINGTON, June 11- The Senate Finance Committee on Tuesday approved the nomination of White House chief international economic affairs adviser Mike Froman to be U.S. trade representative, setting the stage for full Senate approval.
While this is in contrast to strong gains in developed markets, which have been well supported by quantitative easing by major central banks, a quick look at data released by China over the weekend reveals the underlying reasons.
*Unica: Brazil's center-south late May sugar output falls 11 pct. *Brazil's mills allocate 41.8 pct cane to sugar, 58.2 pct to ethanol.
NEW YORK, June 11- The water may be safer than many investors thought. The use of circuit breakers for individual securities in the wake of the May 6, 2010 plunge, and the introduction of tougher risk-management controls for broker-dealers in November 2010 appear to have helped stabilize trading, market experts and regulators said.
BRASILIA, June 11- Growing pessimism over Brazil's sluggish economic performance and rising inflation are starting to eat into President Dilma Rousseff's still-high popularity ratings, an opinion poll showed on Tuesday, the second in a week to show that trend.
WASHINGTON, June 11- The largest U.S. titanium producer on Tuesday asked that the light-weight metal used in military aircraft and other defense equipment be excluded from free trade talks with Japan, arguing a healthy domestic industry was vital for national security.
*SEC says CBOE failed to police for short-selling abuses. *SEC says CBOE edited optionsXpress "Wells" notice reply. *CBOE says exchange is implementing remedial measures.
NEW YORK, June 11- Wall Street's industry-funded watchdog warned investors on Tuesday about the risks associated with so-called alternative mutual funds. The funds have $176.2 billion in assets under management as of May, up from nearly $32.8 billion in 2008, according to data from Lipper, a Thomson Reuters service.
June 11- Jamie Dimon, the chief executive of JPMorgan Chase& Co who won a strong vote of confidence from shareholders last month, on Tuesday defended the disclosures the bank made last year about its unfolding London Whale derivatives loss.
BRUSSELS, June 11- Two days of accommodation at a lakeside golf hotel in Northern Ireland don't come cheap- and Britain has irritated its fellow Group of Eight states by sending them hefty advance bills for the summit it is hosting there.
June 11- Google Inc asked the U.S. Department of Justice Thursday that it be allowed to publish the total number of national security information requests made by the government, arguing that the figures would prove the company does not give the government "unfettered access" to its users' data.
CALGARY, Alberta, June 11- Enbridge Inc, Canada's No. 1 pipeline company, said on Tuesday it closed three major oil pipelines after a small spill near a refinery in Sarnia, Ontario. Graham White, a spokesman for the company, said in an email the 491,000 barrel per day Line 5, the 609,000 bpd Line 6 A and the 231,000 bpd Line 6 A were shut after the spill was discovered.
About 40 percent of the coal sold in the United States is drawn from federal land and the program is administered by the Interior Department's Bureau of Land Management, which is required to seek a fair price on behalf of taxpayers.
MEXICO CITY, June 11- Mexican glassmaker Vitro, which went through a bankruptcy reorganization in 2011, said it will pay down on Wednesday convertible debt due to expire in 2015..
WASHINGTON- The Obama administration has launched an internal review to assess damage to U.S. national security from last week's leak of top-secret details of National Security Agency surveillance programs, a senior U.S. intelligence official said.