Sept 18- Rite Aid Corp cut its full-year profit forecast for the second time in about three months due to lower margins in its pharmacy business, sending its shares down more than 16 percent.» Read More
*New PM Valls is on right-wing of Socialist Party. PARIS, March 31- President Francois Hollande named centrist Interior Minister Manuel Valls as his new prime minister on Monday, replacing Jean-Marc Ayrault who quit after ruling Socialists were trounced in local French elections.
NEW YORK, March 31- Americans cut back on drinking carbonated soft drinks again last year with soda sales reaching their lowest levels in nearly two decades, according to a leading beverage industry newsletter. Soda sales in the United States grew throughout most of the 1990 s, before beginning to slow in 1999. Sales have been in decline since 2005..
WASHINGTON, March 31- The U.S. National Highway Traffic Safety Administration did not have enough evidence to open a formal investigation into defective ignition switches in General Motors cars, NHTSA acting Administrator David Friedman said in prepared testimony to Congress.
*Gold down over 3 percent in March, but up 6.5 pct for Q1. NEW YORK/ LONDON, March 31- Gold fell on Monday, notching its first monthly decline this year as improving prospects for the U.S. economy eroded investment interest and aroused an appetite for riskier assets.
TORONTO, March 31- Workers at Toyota Motor Corp's Canadian plants are set to vote next week on whether to become the first at wholly owned Toyota facilities in North America to unionize, a push Canada's biggest private-sector union is confident will succeed.
*S&P on track for fifth straight quarterly advance. NEW YORK, March 31- U.S. stocks rose on Monday, with the S&P 500 on track to end the first quarter of 2014 with slight gains, after Federal Reserve Chair Janet Yellen calmed concerns about a rate hike coming earlier than expected. Micron Tech climbed 7.2 percent to $23.48 while Oracle Corp added 3.6 percent to $40.98.
GM's CEO Mary Barra will testify that the automaker is sorry for the pain caused by defective ignition switches linked to multiple deaths.
WASHINGTON, March 31- General Motors Co Chief Executive Mary Barra will testify on Tuesday that the No. 1 U.S. automaker is sorry for the pain caused by the defective ignition switches linked to at least 13 deaths and has asked its supplier to boost production of replacement parts to speed the recall.
CHICAGO, March 31- As the financial markets await more signals on the Federal Reserve's interest-rate policy next year, which may push rates higher in early 2015, it wouldn't hurt to take a close look at alternative bond funds.
LONDON/ STOCKHOLM, March 31- U.S. conglomerate General Electric Co is exploring the sale of its GE Money Bank unit in the Nordic region, which could fetch up to 2 billion euros, as it retreats from the finance sector, sources close to the matter told Reuters.
WASHINGTON, March 31- U.S. Supreme Court justices stepped gingerly into a raging debate over computer software on Monday, voicing concerns about vaguely defined patents but signaling they would avoid any radical change to existing law.
WASHINGTON, March 31- The Obama administration said on Monday that it has resolved a glitch affecting HealthCare.gov that temporarily prevented new users from accessing application and enrollment tools around midday, as website traffic volumes surged hours before a midnight deadline to enroll in private health insurance.
*USDA sees U.S. corn acres down sharply from 2013. CHICAGO, March 31- U.S. corn futures on Monday climbed above $5 per bushel for the first time since September after a highly anticipated U.S. crop report revealed that inventories were smaller than expected on March 1.
US ADMINISTRATION SAYS IT HAS RESOLVED HEALTHCARE.GOV GLITCH THAT TEMPORARILY PREVENTED NEW USERS FROM ACCESSING APPLICATION AND ENROLLMENT TOOLS.
WASHINGTON, March 31- The U.S. administration said key segments of its Obamacare website, HealthCare.gov, were unavailable to new users for a second time on Monday, as record numbers of people tried to access the site hours before the enrollment deadline for health insurance.
*Russia says battalion withdrawing from near Ukraine border. NEW YORK, March 31- Crude futures dipped in volatile end-of-quarter trading on Monday, pressured by news Russia was withdrawing some troops on the Ukrainian border and concerns about the struggling U.S. labor market voiced by Federal Reserve Chair Janet Yellen.
Democratic FCC Chairman Tom Wheeler has argued that such deals, known as JSAs, effectively constitute one TV station owning another and should be allowed only under specifically considered waivers.
March 31- The 3 million subscribers that Comcast Corp plans to divest as part of a proposed takeover of Time Warner Cable Inc might be worth roughly $18 billion, according to a source familiar with the matter.
ADMINISTRATION SAYS HEALTHCARE.GOV HAD OVER 100,000 CONCURRENT USERS AS OF NOON EDT, USERS ALREADY IN SYSTEM ABLE TO COMPLETE ENROLLMENT.
US ADMINISTRATION SAYS OBAMACARE WEBSITE HEALTHCARE.GOV' S APPLICATION AND ENROLLMENT TOOLS ARE UNAVAILABLE TO NEW USERS "AT THE MOMENT" AS "RECORD NUMBER" TRIES TO ACCESS SITE.