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  • CANADA LABOUR MINISTER SAYS CP RAIL, UNION HAVE AGREED TO SEEK MEDIATED ARBITRATION.

  • *Greece rejects six-month bailout extension. *Greece calls draft proposal "unreasonable", "unacceptable". BRUSSELS, Feb 16- Talks between Greece and euro zone finance ministers over the country's debt broke down on Monday when Athens rejected a proposal to request a six-month extension of its international bailout and stick to the conditions.

  • CANADA LABOUR MINISTER SAYS CANADIAN PACIFIC RAILWAY STRIKE IS OVER, NO NEED FOR LEGISLATION.

  • *Greece rejects six-month bailout extension. Greece calls draft proposal "unreasonable," "unacceptable". A Greek official said Finance Minister Yanis Varoufakis had rebuffed a draft statement put to him at a euro zone finance ministers' meeting in Brussels that spoke of Greece extending the current program.

  • BRUSSELS, Feb 16- "Everyone's disappointed," Austrian Finance Minister Hans Joerg Schelling said on Monday after an inconclusive Eurogroup meeting in Brussels.

  • Feb 16- Record-breaking cold gripped the Eastern United States on Monday as an icy winter storm crippled the nation's central states before it was expected to barrel toward the mid-Atlantic in time to snarl Tuesday's morning commute. Heavy snowfall and ice moving from the Southern Plains eastward pounded Missouri, Arkansas, southern Illinois, Tennessee,...

  • 'SNL' 40th anniversary bash watched by 23 million Monday, 16 Feb 2015 | 12:55 PM ET
    Mike Meyers as Wayne, and Dana Carvey as Garth during the Wayne's World skit on SNL, February 15, 2015.

    The Nielsen ratings company says NBC's "Saturday Night Live" 40th anniversary bash has drummed up a huge audience

  • RANCHO MIRAGE, Calif., Feb 16- U.S. Labor Secretary Tom Perez will travel to San Francisco on Tuesday to meet with both sides in a dispute between shipping companies and dock workers that has led to a partial shutdown of ports along the U.S. West Coast, his spokeswoman said on Monday. President Barack Obama, who is on a golf vacation in California, asked Perez to come to...

  • LONDON, Feb 16- Britain's financial watchdog said it was investigating HSBC following reports it helped clients evade taxes but said it was focusing on the bank's current behavior rather than alleged past abuses. Gary Greenwood, analyst at Shore Capital Stockbrokers, said the focus on current behavior was positive for HSBC if, as the bank said, it had cleaned up...

  • *Egypt bombs Islamic State targets in Libya. LONDON/ NEW YORK, Feb 16- Oil prices rose to their highest in nearly two months on Monday, supported by concerns over escalating conflict with Islamic State militants in Libya and a threat to withhold exports from Iraq's semi-autonomous Kurdish region. Egypt bombed Islamic State targets inside Libya on Monday and...

  • Icy storm encases central US, heads for DC Monday, 16 Feb 2015 | 12:45 PM ET
    The latest trend in Boston: Shoveling or raking the snow  on the roof so it doesn’t cave in.

    Record-breaking cold gripped the Eastern United States on Monday as an icy winter storm crippled the nation's central states.

  • REYKJAVIK, Feb 16- Icelandic businessman Olafur Olafsson, sentenced last week for market manipulation for his role in the collapsed Kaupthing Bank, accused his country's politicians of using the banking sector as a scapegoat for their own mistakes. Olafsson, Kaupthing's second-largest shareholder when it collapsed in 2008 at the beginning of the financial...

  • Labor Secretary Tom Perez will travel to San Francisco on Tuesday to meet with both sides in a dispute between shipping companies and dock workers that has led to a partial shutdown of ports along the U.S. West Coast, his spokeswoman said on Monday.

  • PARIS, Feb 16- A French investigation into HSBC's Swiss private bank over a suspected tax-dodging scheme for wealthy customers has ended, bringing it a step closer to a possible trial, a judicial source said on Monday. HSBC last week admitted failings in compliance and controls in the Swiss unit and faces investigation by U.S. authorities and an inquiry by...

  • BRUSSELS, Feb 16- A Greek government official said that a draft text presented to euro zone finance ministers meeting in Brussels on Monday spoke of Greece extending its current bailout package and as such was "unreasonable" and would not be accepted. Without specifying who put forward the text to the meeting chaired by Dutch Finance Minister Jeroen...

  • LABOR SECRETARY TO TRAVEL TO CALIFORNIA ON TUESDAY TO MEET WITH BOTH PARTIES IN PORTS DISPUTE- SPOKESWOMAN.

  • LONDON, Feb 16- A collapse in day-to-day trading in emerging bonds is forcing fund managers to increasingly rely on buy-and-hold investment strategies, with more and more of them unable to sell securities when they most need to do so. This may even worsen if near-zero or negative Western bond yields bring more entrants into emerging markets where, according to...

  • *Euro zone ministers seek common ground with Athens. PARIS/ BRUSSELS, Feb 16- Debt-laden Greece and EU paymaster Germany drew firm battle lines as euro zone finance ministers began crunch talks on Monday on the future of an unpopular international bailout for Athens, with EU officials pessimistic about any early deal. German Finance Minister Wolfgang...

  • Feb 16- Record-breaking cold gripped the Eastern United States on Monday as an icy winter storm crippled the nation's central states before it was expected to barrel toward the mid-Atlantic in time to snarl Tuesday's morning commute. Heavy snowfall and ice moving from the Southern Plains eastward pounded Missouri, Arkansas, southern Illinois, Tennessee,...