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  • The SEC's rules come more than four years after they were first required by the 2010 Dodd-Frank Wall Street reform law. The Dodd-Frank law split up the responsibility for policing the swaps market between the SEC and the Commodity Futures Trading Commission, with the CFTC winning the lion's share. SEC officials said the new rules are similar to the CFTC's.

  • RUSSIAN CENTRAL BANK NAMES DMITRY TULIN NEW HEAD OF MONETARY POLICY, REPLACING KSENIA YUDAYEVA- STATEMENT.

  • Jan 14- Wells Fargo& Co, the fourth largest U.S. bank by assets, reported a slight increase in quarterly profit on Wednesday as it earned more from credit cards and corporate loans. Credit cards, one of Wells Fargo's major areas of expansion, were a bright spot as fees rose 12 percent to $925 million in the fourth quarter. Commercial and industrial loans jumped 15...

  • Venezuelan and Algerian officials have this year initiated talks over production levels between Russia and producers group OPEC, but officials in Moscow have said the country, in which around 40 percent of output is in private hands, would find it technically tough to cut. Yet Maduro's move is supported by some in OPEC such as Iran and Venezuela, who want output...

  • MEXICO CITY, Jan 14- China Railway Construction Corp looks poised to clinch a contract to build a $3.75 billion Mexican high-speed train system even after its original winning bid was revoked when it became engulfed in a political scandal, say sources with knowledge of the bidding. Mexico on Wednesday revealed fresh preliminary bid terms for the tainted train...

  • CHICAGO, Jan 14- The National Retail Federation estimated on Wednesday that its members' retail sales over November and December rose 4 percent from a year earlier, to $616 billion. The industry body, which had forecast holiday sales to grow 4.1 percent, said December retail sales, which exclude automobiles, gas stations and restaurants, fell 0.9 percent month...

  • US STOCKS-Wall Street tumbles on global economic worries Wednesday, 14 Jan 2015 | 11:37 AM ET

    *World Bank cuts global growth forecasts. NEW YORK, Jan 14- U.S. stocks dropped on Wednesday, putting equities on pace for their fourth straight losing session as a World Bank forecast sparked concerns about weak economies and U.S. retail sales for December missed expectations. Copper touched its lowest since July 2009 and were last down 5 percent at $5,563 a tonne...

  • Jan 14- Institutional Shareholder Services advised Family Dollar Stores Inc shareholders to vote for the retailer's acquisition by Dollar Tree Inc, reversing its previous stance. ISS asked Family Dollar's shareholders in December to oppose Dollar Tree's $8.5 billion cash-and-stock offer, delay voting on the deal and consider Dollar General Corp's...

  • LONDON, Jan 14- Copper slid to a 5-1/ 2 year low on Wednesday after a downward revision to global growth by the World Bank and big falls in oil prices amplified recent fears about the outlook for the economy and demand, triggering a wave of stop-loss selling. LME copper prices fell to their lowest since July 2009 at $5,353.25 a tonne in intraday trade, before paring...

  • The FCC has been weighing for nearly a year what legal standards and rules would be best to govern how Internet service providers manage web traffic on their networks to make sure they treat all Internet content fairly. Recent indications showed that FCC Chairman Tom Wheeler was leaning toward regulating ISPs more strictly under a section of the...

  • *World Bank lowers global growth forecasts for 2015, 2016. LONDON, Jan 14- Brnet crude oil fell a little more on Wednesday as increased U.S. crude stockpiles and a weak World Bank growth forecast conspired to keep prices close to the near-six year lows touched in the previous session. "It is a squarely bearish report with large across-the-board inventory builds,"...

  • Big global copper surplus? Mine cutbacks force rethink Wednesday, 14 Jan 2015 | 11:27 AM ET

    LONDON, Jan 14- Cuts in copper mine output are raising doubts about the extent of a widely expected global surplus that has driven down prices, and the reduced production could support a market rebound. "The market is not going to be as over-supplied as we had originally thought after several announcements on cutbacks," said Vivienne Lloyd, base metals analyst at...

  • WASHINGTON, Jan 14- The U.S. Food and Drug Administration said on Wednesday it has approved a new device to treat obesity, the first since 2007, sending shares of its maker, EnteroMedics Inc, up as much as 74 percent. Known as the Maestro Rechargeable System, the device controls hunger and feelings of fullness by targeting the nerve pathway between the brain and the...

  • NATIONAL RETAIL FEDERATION ESTIMATES TOTAL U.S.

  • LONDON, Jan 14- As oil's near 60 percent fall shows little sign of abating, traders are starting to ask what the eventual recovery will look like: slow and drawn out, a rapid rebound, or somewhere in between? Even famed trader Andy Hall, who made a $100 million bonus in 2008 for calling a spike and subsequent collapse in oil prices, told investors in his Astenbeck Capital...

  • Jan 14- Continental Resources Inc said Harold Hamm, its chief executive officer and majority shareholder, has pledged about one-fourth of the company shares he owns as collateral for a personal loan, according to a regulatory filing. The Jan. 13 Securities and Exchange Commission filing doesn't state the purpose of the personal loan. Under a November divorce...

  • *Ericsson files complaint against Apple on licenses. *Apple sued Ericsson earlier in January. STOCKHOLM, Jan 14- Swedish telecom equipment supplier Ericsson said on Wednesday it filed a complaint against Apple Inc over mobile technology licence payments, responding to a lawsuit from the iPhone maker earlier this month.

  • Home@ LONDON, Jan 14- Copper finds itself in a perfect bear storm. On the London Metal Exchange benchmark three-month metal imploded this morning, touching a low point of $5,353.25 per tonne in early trading. That's a level not seen since 2009, the year of global financial crisis.

  • CSX profit up, expects double-digit growth in 2015 Wednesday, 14 Jan 2015 | 10:51 AM ET
    CSX freight lines run through center city Philadelphia

    CSX reported a higher profit and said it expected a strong increase in its freight business and double-digit earnings growth during 2015.

  • WASHINGTON, Jan 14- The U.S. Supreme Court on Wednesday ruled that officials in a suburb of Atlanta did not do enough to explain to a unit of telecommunications company T-Mobile USA Inc why the town denied an application to build a new cellphone tower. The town notified T-Mobile South LLC of the decision by sending a letter that did not explain the reason for the...