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  • Sony Music invests $3 mln in Shazam - source Wednesday, 14 May 2014 | 4:10 PM ET

    May 14- Sony Music Entertainment, a unit of Sony Corp, has invested $3 million in music-recognition application maker Shazam Entertainment, a source familiar with the matter said.

  • WASHINGTON, May 14- Six U.S. senators have asked the Federal Trade Commission and the Department of Justice to look at what they termed the anti-trust and anti-consumer implications of Pfizer's Inc potential takeover of UK's AstraZeneca PLC.

  • BRASILIA, May 14- Brazil's Senate opened an inquiry on Wednesday into alleged corruption and mismanagement at state-run oil company Petroleo Brasileiro SA, a probe that could complicate President Dilma Rousseff's bid for reelection in October.

  • NEW YORK, May 14- U.S. stocks fell on Wednesday, with the Dow and S&P 500 easing back from recent record highs, as small caps resumed their sell-off and consumer discretionary shares lagged.

  • UPDATE 1-IBM expects hardware business to grow in 2015 Wednesday, 14 May 2014 | 3:42 PM ET

    NEW YORK, May 14- International Business Machines Corp said it expects its hardware sector to grow in 2015 as the company invests in research and development and divests low-performing ventures.

  • Missing Malaysian jet spurs interest in tracking services Wednesday, 14 May 2014 | 3:34 PM ET

    NEW YORK/ MONTREAL, May 14- In the aftermath of the disappearance of Malaysian Airlines Flight MH370, companies that provide satellite connections and WiFi service to airplanes are battling for a lucrative new market: selling plane-tracking services.

  • NEW YORK, May 14- U.S. stocks slipped on Wednesday, a day after the Dow and S&P 500 hit record closing highs, as small caps sold off and shares of retailers declined. Leading declines on the Dow and S&P was IBM.

  • Software security provider Good Technology files for IPO Wednesday, 14 May 2014 | 3:27 PM ET

    May 14- Good Technology Corp, a provider of software security solutions, filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock.

  • DOHA, May 14- Qatar unveiled plans for labor reforms on Wednesday after persistent criticism from rights group over its treatment of workers, but it set no timetable and the changes would still leave employees without a minimum wage or trade unions.

  • NEW YORK, May 14- The New York Times Co said that managing editor Dean Baquet will become executive editor of the company's flagship newspaper, effective immediately, succeeding Jill Abramson in an unexpected announcement on Wednesday.

  • WASHINGTON, May 14- U.S. Senate Democrats unveiled legislation on Wednesday to allow millions of Americans with student loan debt to refinance at lower interest rates.

  • New York Times appoints Dean Baquet executive editor Wednesday, 14 May 2014 | 2:45 PM ET

    NEW YORK, May 14- The New York Times Co announced on Wednesday that Dean Baquet will become executive editor of the company's flagship newspaper, effective immediately, succeeding Jill Abramson. Baquet has been managing editor of The New York Times since 2011..

  • SAN FRANCISCO, May 14- Google Inc is already getting requests to remove objectionable personal information from its search engine after Europe's top court ruled that subjects have the "right to be forgotten," a source familiar with the matter said on Wednesday.

  • May 14- Hyundai Motor America said on Wednesday it would appeal a $248 million verdict awarded to the families of two boys killed in 2011 in a crash involving a Hyundai car they claimed was defective. The jurors then ordered Hyundai and its U.S. unit to pay an additional $240 million in punitive damages, Williams said.

  • Twitter takes aim at 'retail politics' in Latin America Wednesday, 14 May 2014 | 1:58 PM ET

    SAO PAULO, May 14- After seeing explosive growth across Latin America, Twitter Inc is now tapping into the region's other big passion besides soccer- politics. "The Latin American market is growing, and elections are good opportunities for Twitter," Adam Sharp said in an interview.

  • May 14- Twitter Inc and Facebook Inc will need to be more diversified to win the attention of one of the youngest, yet conservative, fund managers at Aberdeen Asset Management. Facebook is trading at 37.9 times its forward earnings and LinkedIn Corp at 71.1 times.

  • *U.S. crude stocks fall in Cushing but rise overall. NEW YORK, May 14- Brent futures rose $1 a barrel on Wednesday while U.S. crude rose 75 cents with both on track to settle near three-week highs supported by a draw on stocks in the United States and the deteriorating situation in Ukraine.

  • DOHA, May 14- Qatar unveiled plans for labor reforms on Wednesday after persistent criticism from rights group over its treatment of workers, but it set no timetable and the changes would still leave employees without a minimum wage or trade unions. Qatar has the highest proportion of migrant workers per population in the world.

  • *Turkey declares national mourning for three days. SOMA, Turkey, May 14- Hopes faded of finding more survivors in a coal mine in western Turkey on Wednesday, where 245 workers were confirmed killed and around 120 still feared to be trapped in what is likely to prove the nation's worst ever industrial disaster.

  • CALGARY, Alberta, May 14- Alberta, the Canadian province with the world's third-largest crude reserve in its oil sands, said Wednesday it will not participate in a global oil conference in Moscow next month as a protest against Russia's actions in Ukraine.