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  • WASHINGTON, July 29- Boeing Co Chairman Jim McNerney on Wednesday said the aircraft maker was actively considering moving "key pieces" of its operations to other countries given the uncertainty of the future of the Export-Import Bank, whose charter expired on June 30. Its charter lapsed after conservatives in the U.S. Congress cast it as a promoter of "crony...

  • BRASILIA, July 29- Finance Minister Joaquim Levy's role as Brazil's dominant economic policymaker is slipping as he tries to push through unpopular austerity measures aimed at saving the country's investment grade rating. To make things worse, Standard& Poor's on Tuesday threatened to strip Brazil of its coveted investment-grade rating, raising pressure...

  • NEW YORK, July 29- The dollar rose modestly against a basket of currencies on Wednesday as the Federal Reserve upgraded its view of the labor market, supporting some traders' opinion that it would raise benchmark U.S. interest rates, perhaps as early as September. Although inflation has remained below the Fed's 2 percent target and overseas developments...

  • DETROIT, July 29- Fiat Chrysler Automobiles NV will face a shortage of new products in North America over the next 18 months, especially hot-selling trucks and crossover vehicles, according to three sources familiar with the company's plans. While the Italian-American automaker said it will bring three new sports models from Italy to the United States in the...

  • *Fed leaves interest rates unchanged. NEW YORK, July 29- U.S. "It looks like from the statement they slightly upgraded their language on the labor market," said Shyam Rajan, head of U.S. interest rate strategy at Bank of America Merrill Lynch.

  • *General Dynamics' report sparks rally in aerospace stocks. July 29- U.S. stocks were higher on Wednesday after the U.S. "No change as expected, markets appear comfortable with that, it certainly is not a surprise," Peter Kenny, chief market strategist at Clearpool Group in New York, said after the Fed's statement was released.

  • Gold struggles to rise back above $1,100/ oz level. NEW YORK/ LONDON, July 29- Gold moved up a shade on Wednesday, but remained near last week's 5-1/ 2- year low, after a U.S. "market can't seem to decide whether the Fed has moved marginally farther away from a September hike," said Tai Wong, director of base and precious metals trading for BMO Capital Markets in New York.

  • NEW YORK— A federal judge has refused to throw out charges accusing a Manhattan banker accused of participating in a Russian spy ring. District Judge Richard Berman rejected defense arguments on Wednesday that Evgeny Buryakov was exempt from having to register as an agent of a foreign government because of his status as a visa-carrying official at a bank...

  • July 29- U.S. stocks stayed higher on Wednesday after the U.S. "No change as expected, markets appear comfortable with that, it certainly is not a surprise," Peter Kenny, chief market strategist at Clearpool Group in New York, said after the Fed's statement was released. At 2:09 p.m., the Dow Jones industrial average was up 69.95 points, or 0.4 percent, to 17,700.22, the...

  • Pence on Wednesday named Jim Schellinger as president of the Indiana Economic Development Corp., the agency Pence turned to for helping improve the state's image following a national uproar earlier this year over Indiana's new religious objections law. Schellinger is CEO of Indianapolis- based CSO Architects and has been a member of the IEDC's board of...

  • *Coffee trade focused on big front-month robusta premium. NEW YORK/ LONDON, July 29- Sugar futures on ICE rallied nearly 4 percent on Wednesday, buoyed by the stronger currency in top grower Brazil and the rising premium of whites over raws, indicating physical demand. Coffee and cocoa futures were also firm as the 19- commodity Thomson Reuters CoreCommodity...

  • July 29- Health insurer Anthem Inc, which plans to buy rival Cigna Corp for $54 billion, on Wednesday said medical costs, particularly in its Medicaid and Medicare businesses, were at the low end of expectations and helped boost second-quarter profit. On July 3, No. 3 health insurer Aetna Inc said it would buy rival Humana Inc and Anthem on Friday said it would acquire...

  • Twitter is "not satisfied" with its user growth, co-founder Jack Dorsey, who replaced Dick Costolo as CEO earlier this month, said Tuesday after the earnings report. "Stagnant user growth suggests Twitter is still trying to find its place in the social media food chain," said Colin Sebastian, an analyst at Baird Equity Research, in a note to investors.

  • *Fed statement expected at 2 p.m. ET. In a recent congressional testimony, Fed Chair Janet Yellen neither ruled out a September interest rate hike nor guided the market toward thinking it was a done deal. The statement is expected at 2 p.m. ET.

  • Yahoo is trying to make that happen with Livetext, a new app that seeks to make video calling as private as texting. Yahoo says video calls can be better than texts for expressing emotions, but their audio component makes private conversations public. It's the latest example of Yahoo trying to catch up in mobile services since Marissa Mayer became the company's...

  • *Crude futures rise over $1 a barrel before consolidating. NEW YORK, July 29- Oil prices jumped about 2 percent on Wednesday, springing from near six-month lows, after U.S. government data showed a surprisingly large crude stockpile draw that signaled the market may have been wrong in predicting slumping demand for energy. Crude futures have lost over $10 a barrel...

  • The U.S. Consumer Product Safety Commission says the extendable rack inside the oven can fall out. They were sold at Sears, Pacific Sales and other stores for between $2,500 and $5,000. Whirlpool Corp., based in Benton Harbor, Michigan, says customers should stop using the extendable rack and contact the company for a free inspection and repair.

  • NEW YORK— Shares of Citrix Systems jumped 9 percent Wednesday after the cloud computing company, under pressure from a major shareholder, shook up its top leadership and said it was weighing the sale of all or portions of the company. The changes come six weeks after Elliott Management Corp., which has a 7.5 percent stake in Citrix, sent a letter to the board and...

  • WASHINGTON, July 29- Contracts to buy previously owned U.S. houses unexpectedly fell in June after five straight months of increase, suggesting some cooling in home resales activity after recent hefty gains. It is important to bear in mind that there is still plenty of fundamental support for the housing market, "said Jennifer Lee, a senior economist at BMO...

  • July 29- Thomson Reuters Corp on Wednesday reported higher-than-expected quarterly profit as the company's biggest division that serves banks and financial institutions showed underlying revenue growth for the first time since 2011.. Thomson Reuters shares, which had been down more than 6 percent in 2015 through Tuesday, rose 4.5 percent after the...