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  • News of Tillerson's possible appointment comes as U.S. intelligence analysts have concluded that Russia intervened in the 2016 election to help Trump win the White House. Tillerson, 64, has driven Exxon's expansion in Russia for decades and opposed U.S. sanctions imposed on Russia for its seizure of Crimea. Russian President Vladimir Putin awarded...

  • NEW YORK— Here's something else we lost with the death of Prince: A Netflix reality series centered on his Paisley Park home in Minnesota. A Netflix spokesperson told The Associated Press on Saturday that the online entertainment company had been in "discussions" with Prince about a series, but that the project did not "come to fruition" before his death in April.

  • DETROIT, Dec 10- General Motors Co's Cadillac brand on Saturday disavowed a casting notice that called for an "alt-right" role in a Cadillac commercial amid a storm of outrage on social media. The casting notice, circulated on Twitter and Facebook, said an agency was looking for "any and all real alt-right thinkers/believers" and indicated the call was for a...

  • News of Tillerson's possible appointment comes as U.S. intelligence analysts have concluded that Russia intervened in the 2016 election to help Trump win the White House. Tillerson, 64, has driven Exxon's expansion in Russia for decades and opposed U.S. sanctions imposed on Russia for its seizure of Crimea. Russian President Vladimir Putin awarded...

  • Exxon chief Rex Tillerson emerged on Friday as Trump's leading candidate for U.S. secretary of state over 2012 Republican presidential nominee Mitt Romney and three other people. He was joined by former New York Mayor Rudy Giuliani, who withdrew from consideration as secretary of state on Friday. NBC News, which first reported the development, said Trump would...

  • Rex Tillerson, CEO of Exxon Mobil.

    Exxon Mobil Corp Chief Executive Officer Rex Tillerson emerged on Friday as President-elect Donald Trump's leading candidate for U.S. secretary of state, a senior transition official said.

  • WASHINGTON— President-elect Donald Trump moved closer to nominating Exxon Mobil CEO Rex Tillerson as his secretary of State on Saturday, a decision that would bring a business leader with close ties to Russia into the Cabinet. Some advisers worry that Tillerson's Russia connections would lead to a contentious Senate confirmation hearing and keep alive...

  • Many government services and operations would have been closed or suspended at midnight, when current funding authority expired, if the Senate had not approved the bill. Obama signed the measure, the White House said in a statement issued about 90 minutes after the Senate passed it. Democrats from coal-producing states, led by West Virginia Senator Joe Manchin,...

  • Many government services and operations would have been closed or suspended starting at midnight, when current funding authority expires, if the Senate had not approved the measure. Democrats from coal-producing states, led by West Virginia Senator Joe Manchin, had delayed the Senate vote on the funding bill in a failed attempt to get a bigger extension of the...

  • GRAND RAPIDS, Mich., Dec 9- Exxon Mobil Corp Chief Executive Officer Rex Tillerson emerged on Friday as President-elect Donald Trump's leading candidate for U.S. secretary of state, a senior transition official said. Tillerson's favored status was revealed as former New York Mayor Rudy Giuliani formally withdrew from consideration for secretary of state.

  • GRAND RAPIDS, Mich., Dec 9- Exxon Mobil Corp Chief Executive Rex Tillerson emerged on Friday as President-elect Donald Trump's leading candidate for U.S. secretary of state, a senior transition official said. Tillerson's favored status was revealed as former New York Mayor Rudy Giuliani formally withdrew from consideration for secretary of state.

  • SACRAMENTO, Calif.— A California judge rejected pimping charges Friday against the operators of a major international website advertising escort services that the state attorney general has called the "world's top online brothel," citing federal free speech laws. California Attorney General Kamala Harris had charged Backpage.com CEO Carl Ferrer and...

  • FRANKFURT- European Central Bank governing council meeting. NEW YORK- Federal Reserve chair Janet Yellen holds a news conference- 1930 GMT. WASHINGTON- Federal Reserve Board holds open meeting to discuss a final rule establishing long-term debt and total loss-absorbing capacity requirements for global systemically important banking organizations- 1600...

  • NEW YORK, Dec 9- The Beechwood group of reinsurance companies is in talks to sell most or all of itself after a backlash from some clients due to its relationship with troubled hedge fund manager Platinum Partners, according to a person familiar with the situation. The Bermuda-, Grand Cayman- and New York- based firm has been working to sever its links with Platinum...

  • NEW YORK/ LONDON, Dec 9- Rupert Murdoch's Twenty-First Century Fox Inc has struck a preliminary deal to buy the 61 percent of British pay-TV firm Sky Plc it does not already own for around $14 billion, five years after a political scandal wrecked a previous bid. People familiar with the matter said Fox had pounced after Britain's vote to leave the European Union in...

  • David Demos, 35, was charged with securities fraud in an indictment filed in federal court in New Haven, Connecticut, becoming the latest trader to face charges for cheating customers on prices of mortgage-backed securities. Prosecutors said Demos, a trader and managing director at Cantor Fitzgerald from November 2011 to February 2013, defrauded customers...

  • President-elect Donald Trump will likely ask a senior Goldman Sachs banker to coordinate economic policy across his administration, turning again to Wall Street for expertise in managing the world's largest economy, a transition official said on Friday. Trump's pick of Goldman President Gary Cohn, 56, to head the White House National Economic Council...

  • NEW YORK/ LONDON, Dec 9- Rupert Murdoch's Twenty-First Century Fox Inc has struck a preliminary deal to buy the 61 percent of British pay-TV firm Sky Plc it does not already own for around $14 billion, five years after a political scandal wrecked a previous bid. People familiar with the matter said Fox had pounced after Britain's vote to leave the European Union in...

  • NEW YORK, Dec 9- Oil prices rose about 1 percent on Friday on hopes that non- OPEC producers meeting in Vienna over the weekend would agree to output restrictions following limits OPEC announced last week to curb an oil glut. On Saturday, OPEC oil ministers will meet non- OPEC producers in Vienna to seek help in curbing a global glut. Russia plans to hold more talks on...

  • NEW YORK— After a month of steady increases, municipal bond yields finally reversed course this past week. "People think that munis had sold off a little too much, and now there are buyers coming back into the space," says Jon Mondillo, a municipal bond fund manager at Alpine Funds. The fall in yields propelled the iShares National Muni Bond ETF, the largest municipal...