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  • March 1- "FarmVille" creator Zynga Inc appointed Frank Gibeau as its chief executive and said founder Mark Pincus would be executive chairman. Pincus has been the CEO since Don Mattrick stepped down in April. Gibeau, who joined Zynga's board in August 2015, would take over from March 7, the company said on Tuesday.

  • The company said it expects to request an administrative law hearing from the EPA's Office of General Counsel within the next 30 days to dispute the EPA's conclusion that the pesticide is unsafe. It is registered for use on over 200 crops, including soybeans, almonds, tobacco, peanuts, cotton, lettuce, alfalfa, tomatoes, watermelon, and bell peppers, with some crops...

  • Samir Barai, the founder of Barai Capital Management, was sentenced by U.S. District Judge Deborah Batts in Manhattan to two years of supervised release and ordered to forfeit $216,603. Barai pleaded guilty in 2011 to securities fraud and other charges over a scheme that also involved Noah Freeman and Donald Longueuil, two former portfolio managers at...

  • SAN FRANCISCO, March 1- U.S. Attorney General Loretta Lynch said on Tuesday her Justice Department's court battle to force Apple Inc to unlock an iPhone linked to one of the San Bernardino shooters ran the risk of becoming "all about Apple" and that the company should not be able to decide the broader encryption debate alone. Speaking at the RSA cyber security...

  • NEW YORK, March 1- U.S. "This is a very encouraging report and it suggests that there are signs of stabilization in manufacturing and you're seeing higher yields, especially in the long end because of that," said Tom Simons, money market strategist at Jefferies& Co in New York. Treasury prices were also weighed down by weak manufacturing data out of China and Europe,...

  • NEW YORK, March 1- Wall Street enjoyed its strongest day in a month on Tuesday, led by financial and technology stocks after encouraging U.S. factory and construction data suggested the world's biggest economy was regaining momentum.

  • The Chinese officials related to Qualcomm's new hires were deciding whether to select the company's mobile technology products amid growing competition in the global telecommunications market, the SEC said. The conduct, which included offering jobs to some individuals who fell short of hiring standards at the San Diego- based telecommunications company,...

  • February auto sales soared to a 15- year high for the month, carmakers reported on Tuesday, in the latest sign of continued consumer confidence. Autodata Corp also counted 1.34 million in sales but said the increase from a year ago was 6.9 percent and the annualized sales rate for February was 17.54 million. Ford stock was up 4.4 percent at $13.06.

  • NEW YORK, March 1- Add the juggernaut that is Donald J. Trump to the list of what-ifs that is worrying Wall Street. A growing realization that the unpredictable New York real estate developer is in a position to win the Republican nomination and then battle Hillary Clinton for the White House in November's election has caused some investors to sell U.S. stocks.

  • HOUSTON, March 1- Energy companies are dominating this year's U.S. corporate share sales, raising $7.5 billion so far this year, with Marathon Oil Corp the latest to tap the market to bolster balance sheets to weather the volatile price of oil. On Tuesday, Marathon shares fell as low as $7.56 before rebounding in afternoon trading to $8.00, paring losses to 2.6...

  • NEW YORK/ LONDON, March 1- Gold turned lower on Tuesday, as the dollar and global equity markets rose on better-than-expected U.S. data, fueling speculation the Fed will raise U.S. interest rates. Spot gold was down 0.2 percent at $1,235.96 an ounce at 3:12 p.m. EST, after its biggest monthly gain in four years on safe-haven buying spurred by global economic...

  • WASHINGTON, March 1- U.S. Federal Bureau of Investigation Director James Comey told a congressional panel on Tuesday that a court order forcing Apple Inc to give the FBI data from an iPhone belonging to one of the San Bernardino shooters would be "potentially precedential" in other cases where the agency might request similar cooperation from technology...

  • *CME also considering bid for LSE- Bloomberg. March 1- New York Stock Exchange owner ICE said it may make a rival bid for London Stock Exchange, raising the prospect of a takeover battle with Deutsche Boerse and lifting LSE shares to a record high on Tuesday. LSE Chief Executive Xavier Rolet has been one of the most vocal advocates of consolidation.

  • The agreement involves the Japanese company's U.S. Olympus Corp of the Americas and Olympus Latin America Inc unit, the Justice Department said. The misconduct helped the unit obtain more than $600 million in sales and $230 million in gross profits, the Justice Department said. Olympus Corp of the Americas agreed to pay a $312.4 million criminal penalty and an...

  • March 1- Deflation shows the European Central Bank must act; what is far less certain is how further extraordinary measures like more negative interest rates can be of much help. "Temporary falling oil prices alone are not a sufficient reason," said ECB Governing Council member Francois Villeroy de Galhau in a weekend newspaper interview. "Increasing concerns...

  • GENEVA, March 1- McLaren Automotive, which only began building its range of luxury sports cars for general sale in 2010, could triple volumes to up to 5,000 cars by 2022, its CEO told Reuters on Tuesday. The small luxury sports car manufacturer, which unveiled its 570 GT model at the Geneva Motor Show on Tuesday, has been ramping up production in recent years and...

  • MCLAREN AUTOMOTIVE COULD TRIPLE OUTPUT TO UP TO 5,000 CARS BY 2022- CEO.

  • NEW YORK, March 1- A Turkish hacker who U.S. prosecutors say masterminded a series of cyber attacks that enabled $55 million to be siphoned from automated teller machines around the world pleaded guilty on Tuesday. Ercan Findikoglu, 34, pleaded guilty in federal court in Brooklyn, New York, to five counts including computer intrusion conspiracy for leading a...

  • March 1- Bond fund manager Bill Gross on Tuesday accused Pacific Investment Management Co of falsely claiming he suddenly decided to abandon the firm he co-founded, in an effort to win dismissal of his $200 million breach of contract lawsuit. In papers filed with a state court in Orange County, California, Gross said Pimco's "misconduct" cost him not only...

  • *U.S. factory, construction data suggests economic pickup. March 1- Wall Street surged on Tuesday to its highest since early January, led by financial and technology stocks after encouraging U.S. factory and construction data suggested the world's biggest economy was regaining momentum. That the Chinese slowdown is going to affect the rest of the world, "said...