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  • AP Top Extended Financial Headlines At 3:16 a.m. EDT Friday, 29 Aug 2014 | 3:16 AM ET

    Malaysia Airlines to shed 6,000 staff as part of overhaul plan after disasters Fed Chair Yellen's assets rose 8 pct. during 2013 to between $5.3 million and $14.1 million Apple expected to unveil iPhone with bigger screen, possible smartwatch at Sept. 9 event US economy grew at brisk 4.2 percent rate in April-June quarter, faster than first estimated Japan economy in doldrums, as incomes and spending languish Ecuador's' digital currency' plans raises questions over future, dilution of dollar Japan's Nikkei leads Asian stock declines after weak economic data Abercrombie dumps logo on clothes as teen retailer adapts to their customers' changing tastes Workers cheer return of former CEO amid settlement in New England supermarket chain feud Dollar General says it still wants to buy Family Dollar after its offer was rejected

  • AP Top Financial News At 3:16 a.m. EDT Friday, 29 Aug 2014 | 3:16 AM ET

    Malaysia Airlines to cut 6,000 staff in overhaul Fed Chair Yellen's assets up 8 percent during 2013 Apple to unveil next products at Sept. 9 event US economy grew at brisk 4.2 pct. rate in Q2 Japan economy stalls as incomes, spending languish Ecuador heralds' digital currency' plans Japan stocks lead Asian declines after weak data Abercrombie name to shrink from clothing Workers cheer restored Market Basket CEO Dollar General still wants to buy Family Dollar

  • Malaysia Airlines to cut 6,000 staff in overhaul Friday, 29 Aug 2014 | 3:16 AM ET

    KUALA LUMPUR, Malaysia— Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.

  • NEW DELHI, Aug 29- Half of India's thermal power stations have less than a week's supply of coal on hand, according to weekly data, the lowest level since mid-2012 when millions of people were left without power in one of the world's worst blackouts.

  • KUALA LUMPUR, Malaysia— Malaysia Airlines to cut 6,000 staff as part of recovery plan after disasters.

  • SHANGHAI, Aug 29- China shares rose on Friday as banks recovered from recent losses and aviation firms outperformed, supported by expectations of reform measures for the sector. The CSI300 of the leading Shanghai and Shenzhen A-share listings ended up 1.2 percent, while the Shanghai Composite Index gained around 1 percent to 2,217.2 points.

  • Aug 29- Apple Inc is working with Dutch chipmaker NXP Semiconductors NV to add secure near-field communications technology into the next iPhone, which would enable the smartphone users to pay by touch, the Financial Times reported, citing people familiar with Apple's plans.

  • European shares inch up early; Tesco tumbles Friday, 29 Aug 2014 | 3:09 AM ET

    PARIS, Aug 29- European shares rose in early trade on Friday, recovering some of the ground lost in the previous session, as investors awaited inflation figures for the euro zone which may shed light on the European Central Bank's next move. At 0707 GMT, the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,373.36 points.

  • As stocks rise, so does anxiety: Time to get out? Friday, 29 Aug 2014 | 3:02 AM ET

    NEW YORK— Is it time to cash out of stocks? The market has nearly tripled in a little over five years, and with each record close, the temptation grows to take your winnings and flee. If only you had done that in the crashes that began in 2000 and 2008, you might be a lot richer.

  • Construction halted on tower near Brooklyn arena Friday, 29 Aug 2014 | 2:56 AM ET

    NEW YORK— A contractor has halted construction on a prefabricated residential high-rise near Brooklyn's Barclays Center and the Atlantic Terminal train yards. The New York Times reports Skanska stopped work at the site on Tuesday and closed down its prefabrication hub at the Brooklyn Navy Yard on Wednesday.

  • Denny's pops the cork on its first Manhattan diner Friday, 29 Aug 2014 | 2:51 AM ET

    NEW YORK— Denny's is popping the cork on its first Manhattan location. The Daily News reports the diner chain's Financial District debut is serving up a special combo putting a pricy bottle of Dom Perignon alongside its down home Grand Slam breakfast. Denny's takes Manhattan after years of planning and a legal fight.

  • NEW DELHI, Aug 29- Half of India's thermal power stations have less than a week's supply of coal on hand, according to weekly data, the lowest level since mid-2012 when millions of people were left without power in one of the world's worst blackouts.

  • Aug 29- Apple Inc is working with Dutch chipmaker NXP Semiconductors NV to add secure near-field communications technology into the next iPhone, which would enable the smartphone users to pay by touch, the Financial Times reported, citing people familiar with Apple's plans.

  • Dozens of planes grounded in German pilot strike Friday, 29 Aug 2014 | 2:37 AM ET

    BERLIN— Thousands of passengers are feeling the impact of a pilots strike in Germany after negotiations between the country's biggest airline Lufthansa and the union representing pilots collapsed over a long-running dispute regarding wages and early retirement benefits.

  • *NATO source says more than 1,000 Russian troops in Ukraine. MOSCOW/ DONETSK, Ukraine, Aug 28- Pro-Moscow rebels fighting in Ukraine said on Friday they would comply with a request from the Kremlin and open up a' humanitarian corridor' to allow the withdrawal of Ukrainian troops they have encircled.

  • Beer gardens helping Milwaukee County budgets Friday, 29 Aug 2014 | 1:40 AM ET

    MILWAUKEE— Oversized mugs of beer clink together as drinkers sitting under a canopy of trees in a Milwaukee public park listen to live accordion music and proclaim "Prost!"

  • *Asia's July Iran imports at 7- mth low; China imports firm. TOKYO, Aug 29- Iran's major Asian customers shipped in 29.4 percent more crude in July from a year earlier, with China, Tehran's biggest client, still accounting for most of the increase seen since Western sanctions were eased at the beginning of the year.

  • STOCKHOLM, Aug 29- A small eruption has occurred north of Iceland's Bardarbunga volcano after nearly two weeks of earthquakes in the region but no volcanic ash has been detected, authorities said on Friday.

  • "China's recovery is not at all stable. It is still possible that things will get worse, so market sentiment is volatile, "a fund manager based in south China said.

  • NEW YORK, Aug 29- Morgan Stanley has quietly filed plans to build and run one of the first U.S. compressed natural gas export facilities, the first sign the bank is plunging back into physical commodity markets even as it sells its physical oil business.