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  • March 17- Kraft Foods Group Inc said on Monday it was recalling about 242,000 cases of Kraft Macaroni& Cheese dinners, due to the risk that they may contain small pieces of metal. Kraft said the latest recall applied to 7.25- ounce packs of "original" flavor of the product with "best when used by" dates of Sept. 18, 2015 through Oct. 11, 2015 with the manufacturing code "C2".

  • SAN FRANCISCO/ NEW YORK, March 17- Apple Inc's planned video streaming service may not be a tough sell for media companies who could be enticed by the company's ubiquitous iPhones and iPads, which represent a new stream of growth for an industry losing viewers. The Wall Street Journal on Monday reported that some broadcasters are in talks to sign on to a new Apple...

  • Food concerns mount in Vanuatu after monster cyclone Tuesday, 17 Mar 2015 | 7:24 PM ET

    PORT VILA, March 18- International aid agencies ramped up appeals for cyclone-hit Vanuatu on Wednesday, warning that the powerful storm which affected more than two-thirds of the South Pacific island nation had wiped out crops and destroyed fishing fleets, raising the risk of hunger and disease. The United Nations said the official death toll was 11, but many...

  • NEW YORK, March 17- Four plaintiffs' lawyers, including high-profile attorney David Boies, were appointed by a federal judge on Tuesday to lead civil litigation against Takata Corp and several car manufacturers for injuries caused by allegedly faulty air bags. Prieto filed one of the first U.S. lawsuits last year against the Japanese company alleging that...

  • FOREX-Dollar bulls bank on Fed losing its patience Tuesday, 17 Mar 2015 | 7:10 PM ET

    SYDNEY, March 18- The dollar stood steady in Asia on Wednesday just hours before the Federal Reserve was expected to take a major step toward lifting interest rates for the first time in almost nine years. A Fed statement is due at 1800 GMT, followed half an hour later by a press conference with Chair Janet Yellen. "Our baseline view is that the Fed can start its...

  • NEW YORK/ SYDNEY, March 18- Fortescue Metals Group Ltd, the world's fourth-largest iron ore miner, has pulled a $2.5 billion high-yield bond issue after a weak response from investors who were concerned about a sharp drop in iron ore prices. Investment banks Credit Suisse and JP Morgan, lead managers for the issue, had first tried to arrange refinance for Fortescue...

  • California carbon revenue hits $1.6 billion Tuesday, 17 Mar 2015 | 6:46 PM ET

    SAN FRANCISCO, March 17- California's February carbon permit auction raised $629.5 million, bringing the state's total from the program's 10 quarterly auctions almost to $1.6 billion, state officials said on Tuesday. Funds raised by the sale of the permits to large emitting businesses like oil refineries and cement manufacturers are deposited into a state...

  • *Netanyahu closes gap with Herzog's Zionist Union- exit polls. Isaac Herzog, Netanyahu's chief opponent and head of the center-left Zionist Union, said "everything is still open" and that he had already spoken to party leaders about forming a government. But after days in which Zionist Union appeared poised to defeat Netanyahu's Likud, the exit polls put the two...

  • March 17- Nektar Therapeutics said its experimental drug failed to meet the main goal in previously treated patients with advanced breast cancer in a late-stage study. Breast cancer is the second leading cause of cancer-related death among women, according to the U.S. National Cancer Institute. This year, an estimated 207,000 women will be diagnosed with the...

  • March 17- Photoshop maker Adobe Systems Inc reported a lower-than-expected rise in subscriptions for its Creative Cloud software suite and forecast a second-quarter profit that missed the average analyst estimate. The company forecast an adjusted profit of 41- 47 cents per share for the second quarter, below the average analyst estimate of 48 cents,...

  • WASHINGTON, March 17- President Barack Obama will promote U.S. business investment programs to executives from Google Inc, BMW AG and other international companies on March 23 at an administration-led summit to boost job creation in the United States. This year's summit is designed to connect investors with local, state and regional economic development...

  • *Britain faces close national election on May 7. LONDON, March 17- Prime Minister David Cameron is likely to win a May 7 national election and form a minority government, but his grip on power could be so tenuous that Britain will hold a second ballot this year, the leader of the UK Independence Party warned. Farage, a 50- year-old former metals trader who wants Britain...

  • March 17- Kraft Foods Group Inc said it was recalling about 242,000 cases of Kraft Macaroni& Cheese Dinner, saying some boxes may contain small pieces of metal. The company said the recalls applied to 7.25 ounce packs of "original" flavor of the product with "best when used by" dates of Sept. 18, 2015 through Oct. 11, 2015 with the manufacturing code "C2."

  • U.S. judge taps lead lawyers for Takata air bag cases Tuesday, 17 Mar 2015 | 6:10 PM ET

    NEW YORK, March 17- Five plaintiffs' lawyers, including high-profile attorney David Boies, were appointed by a federal judge on Tuesday to lead civil litigation against Takata Corp and several car manufacturers for injuries caused by allegedly faulty air bags. Prieto filed one of the first U.S. lawsuits last year against the Japanese company alleging that...

  • WASHINGTON, March 17- Ukraine's finance minister on Tuesday said the country wants to be "flexible" in its discussions with sovereign bondholders over renegotiating its debt, and is not ruling out any form of agreement, including maturity extension. Finance Minister Natalia Yaresko also called on the United States to further boost its financial assistance to...

  • Kraft to recall 242,000 Macaroni and Cheese boxes Tuesday, 17 Mar 2015 | 5:55 PM ET

    March 17- Kraft Foods Group Inc said it is recalling about 242,000 cases of Kraft Macaroni& Cheese Dinner, saying some boxes may contain small pieces of metal. The company said the recalls apply to some of the the "original" flavor packs of the product that have the "best when used by" dates of Sept. 18, 2015 through Oct. 11, 2015 with the code "C2" on each box.

  • PARIS, March 17- The deficit of France's welfare system fell to 9.7 billion euros in 2014, two billion euros less than expected and down from 12.5 billion euros in 2013, the Finance Ministry said on Tuesday. France's Socialist government is struggling to bring its public deficit down to three percent of gross domestic product by 2017, having been granted three...

  • NEW YORK, March 17- Oil prices came under renewed pressure in Tuesday's post-settlement trade, after a 3- day losing streak, as an industry group reported a huge build in U.S. crude inventories ahead of official data. Industry group American Petroleum Institute said after the market's settlement that crude stockpiles rose by 10.5 million barrels in the week to...

  • NEW YORK, March 17- Citigroup Inc said on Tuesday it plans to exit its custody business in Argentina as soon as possible, after a U.S. judge refused to lift an injunction that blocked the bank from processing interest payments on $2.3 billion of Argentina bonds. In a defeat for the bank, clients and Argentina itself, Citigroup said it made its decision in light of U.S.

  • March 17- Photoshop maker Adobe Systems Inc forecast a second-quarter profit that missed the average analyst estimate and reported a lower-than-expected rise in subscriptions for its Creative Cloud software suite. The company's revenue forecast of $1.13 billion- $1.18 billion was also largely below the average analyst estimate of $1.18 billion.