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  • The Navy's top uniformed officer told Reuters he expected to finalize the annual wish list for U.S. lawmakers this week so it can be reviewed by Navy Secretary Ray Mabus; the chairman of the Joint Chiefs of Staff; and Defense Secretary Ashton Carter. Greenert said the Navy faces a possible shortfall of two to three squadrons of strike fighters, or up to 36 airplanes,...

  • "That relative value trade is what is driving the market, more than anything else," said Larry Milstein, head of U.S. government and agency trading at R.W. Pressprich& Co. in New York. Germany's 10- year bund fell to a record low of 0.23 percent on Tuesday, the second day of European Central Bank purchases under a 1 trillion-euro program meant to revive inflation and...

  • WASHINGTON, March 10- Unions plan to make lawmakers' support for trade deals and legislation to streamline the passage of trade agreements through Congress an issue in next year's U.S. elections, the head of the country's largest labor federation said on Tuesday. AFL-CIO President Richard Trumka said unions would keep a tally of how lawmakers voted on upcoming...

  • WASHINGTON, March 10- Boeing Co said on Tuesday it was optimistic about extending production of its F/A-18E/F and EA-18G fighter jets beyond 2017 given possible foreign orders and U.S. Navy officials' recent statements about the need for more planes. He said Boeing needed to decide by midyear, even before Congress passes a budget for fiscal 2016, whether to...

  • March 10- Happy anniversary, Nasdaq. A lot has changed- Apple Inc wasn't even on the radar then. Nasdaq value March 2015 March 2000 $8.01 trillion $6.6 trillion Nasdaq P/E March 2015 March 2000.

  • COLUMN-ECB launches QE with trailing wind: James Saft Tuesday, 10 Mar 2015 | 3:00 PM ET

    March 10- The European Central Bank is about to discover that for once, by launching a bond-buying campaign just as credit conditions improve, it is getting lucky. The ECB began buying up government bonds on Monday under a plan to fight deflation and slow growth by injecting more than 1 trillion euros into the euro zone over the next year and a half.

  • NEW YORK, March 10- A California federal judge has invalidated four Hewlett-Packard Co patents for being too abstract, marking a setback in a major patent infringement lawsuit the company filed last year against competitor ServiceNow Inc..

  • RIYADH, March 10- Saudi Arabia's King Salman said he would fight corruption, diversify the economy and confront anybody who challenged the stability of the world's top oil exporter in his first big speech since taking power on Jan. 23. Addressing the chaos threatening the kingdom from around the region, he said no one would be allowed to tamper with Saudi Arabia's...

  • NEW YORK/ LONDON, March 10- Gold fell to a three-month low on Tuesday, pressured by the dollar's rise to its highest in nearly 12 years and renewed expectations of a midyear interest rate increase in the United States. Platinum fell to its lowest since July 2009 at $1,124 an ounce. Gold will remain under pressure, "given that the drums have started beating that the Fed...

  • NEW YORK, March 10- The U.S. Marshals Service announced on Tuesday that three bidders won last week's third auction of bitcoins seized from Ross Ulbricht, convicted of operating black-market website Silk Road. Marshals Service spokeswoman Lynzey Donahue said in an email that the winning bidders won quantities totaling 27,000, 20,000, and 3,000 bitcoins,...

  • *Urban Outfitters up after results. NEW YORK, March 10- U.S. stocks fell more than 1 percent on Tuesday afternoon as strength in the dollar increased worries about the earnings outlook for multinational companies. Shares of ConocoPhillips fell 1.7 percent to $60.92.

  • WASHINGTON, March 10- The U.S. rail industry is pushing the White House to drop a requirement that oil trains adopt an advanced braking system, a cornerstone of a national safety plan that will soon govern shipments of crude oil across the country. Representatives of large rail operators met with White House officials last week to argue against the need for...

  • BRASILIA, March 10- A former Petrobras executive told a congressional hearing in Brazil on Tuesday that the ruling political party received up to $200 million skimmed from contracts with the state-run oil company, publicly reiterating claims made in plea bargain testimony. Pedro Barusco, a former executive at Petrobras' services department, said he had...

  • March 10- KKR& Co LP is in advanced talks to acquire Air Medical Group Holdings Inc in a deal that could value the U.S. helicopter ambulance company at around $2 billion, including debt, according to people familiar with the matter. KKR, a New York- based private equity firm, has prevailed over other buyout firms in the auction for Air Medical and is now in the final...

  • GRAINS-U.S. soybeans sag after monthly USDA report Tuesday, 10 Mar 2015 | 2:11 PM ET

    *Corn rallies briefly on tighter USDA stocks view. CHICAGO, March 10- Chicago Board of Trade soybean futures fell on Tuesday after the U.S. Department of Agriculture surprised analysts by leaving its forecast of U.S. soy ending stocks unchanged in a monthly report. Soybeans led declines at the CBOT after the USDA in its March supply/demand report left its...

  • NEW YORK, March 10- Chevron Corp boosted its asset sales plans by 50 percent to $15 billion by 2017 and trimmed spending to generate more cash as the second-largest U.S. oil company reaffirmed plans to raise production 20 percent despite a plunge in crude prices. "We're quite sober about prices in 2015," Chief Executive John Watson said at the company's annual...

  • LONDON, March 10- The world's two biggest oil firms, Exxon Mobil Corp and Royal Dutch Shell, may withstand the oil price collapse better than their rivals because they are closer to finishing expensive investment projects while others must keep spending. Exxon started eight major oil and gas production projects last year in locations ranging from Papua New...

  • *Credit Suisse surges after naming new CEO. LONDON, March 10- European shares slipped further on Tuesday from a seven-year high after sharply weaker oil and metals prices pulled down commodities stocks, although Credit Suisse rallied after naming a new chief executive. "Credit Suisse has had different issues throughout the years and someone with a diverse...

  • SAN FRANCISCO, March 10- A former partner at Kleiner Perkins Caufield& Byers accusing the venture-capital firm of gender discrimination testified on Tuesday that she filed her lawsuit after Kleiner failed to respond to numerous complaints. "I had gone through every possible internal process I thought I could go through," Ellen Pao told jurors in San Francisco...

  • LONDON, March 10- Yields on the debt of nearly all euro zone countries dropped to record lows on Tuesday, a day after the European Central Bank began buying bonds in an effort to revive inflation and economic growth. Central banks put in around 15 million to 20 million euros of orders-- less than half the orders seen during the ECB's first bond-buying programme, at the...