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  • NEW YORK— A restaurant considered by many to be New York City's original power lunch spot has found a new location. The Four Seasons has been a favorite of celebrities and business titans since it opened in the landmark Seagram Building in 1959. Restaurant owners Alex von Bidder and Julian Niccolini said Saturday they are relocating the restaurant to 280 Park...

  • WASHINGTON— When Donald Trump acquired a pair of Atlantic City casinos in the mid-1980s, he pitted his managers against each other in a ferocious competition over everything from booking entertainers to attracting high-rolling gamblers. That one of those managers was his wife, Ivana Trump, didn't earn her any slack. "His tactic there, as our success surpassed...

  • I mean, wow, "said Mike Saresky, who flew into Chicago from Philadelphia, where he breezed through airport security in 12 minutes and got to leave his shoes on. At Hartsfield-Jackson Airport in Atlanta, known as the world's busiest, all 16 security lanes at the main checkpoint were open Friday morning as a bomb-sniffing dog and its handler walked among waiting...

  • Travelers are screened by Transportation Security Administration (TSA) workers at a security check point at O'Hare Airport on June 2, 2015 in Chicago, Illinois.

    Authorities open extra screening lanes and used bomb-sniffing dogs to give some passengers a break from removing their shoes.

  • NEW YORK, May 27- Drugmakers are renewing efforts to develop medicines to fight emerging antibiotic-resistant bacteria, but creating new classes of drugs on the scale needed is unlikely to happen without new financial incentives to make the effort worth the investment, companies and industry experts said. "The return on investment based on the current...

  • NEW YORK— The courtroom fight between former pro wrestler Hulk Hogan and news-and-gossip site Gawker is becoming a battleground of sorts for Silicon Valley tycoons as well. First Look Media, a news organization financed by Pierre Omidyar, philanthropist and the co-founder of eBay, says it is reaching out to other media outlets to file supportive briefs about...

  • May 27- Williams Cos Inc has informed Energy Transfer Equity LP that it is open to considering a new offer that would amend terms of its $20 billion sale to its larger U.S pipeline peer in an effort to end a stalemate between the companies, according to people familiar with the matter. Energy Transfer's proposed acquisition of Williams has been in doubt for months,...

  • NEW YORK— Stocks rose Friday to wrap up their strongest week in almost three months. Banks gained ground after Federal Reserve Chair Janet Yellen said the central bank intends to keep raising interest rates provided the economy continues to improve. The Dow Jones industrial average gained 44.93 points, or 0.3 percent, to 17,873.22.

  • NEW YORK, May 27- The U.S. dollar index hit a two-month high and U.S. bond prices fell on Friday after Federal Reserve Chair Janet Yellen said a U.S. interest rate hike will likely be appropriate in the coming months. "It's appropriate... for the Fed to gradually and cautiously increase our overnight interest rate over time, and probably in the coming months such a move...

  • Ulta Salon, Cosmetics& Fragrance Inc., up $19.46 to $233.15. Terex Corp., down $3.44 to $20.89. Chinese heavy equipment maker Zoomlion gave up on its effort to buy Terex after failing to reach a deal.

  • Those four words, said on the sidelines of a New York conference, set off a series of events leading to the disclosure of Bayer's confidential, $62 billion bid for Monsanto, the largest all-cash corporate takeover offer on record. The U.S. Securities and Exchange Commission has strict disclosure rules to protect investors from being misled by companies.

  • WASHINGTON— Donald Trump is "a small man" for accepting $150,000 from a federal fund for small businesses hurt by the Sept. 11 attacks and should return the money or donate it to charity, a New York Democratic congressman said. "In grabbing that money with both fists, you took it out of the pockets of small business owners in New York who were truly hurting," Rep.

  • *Higher output at nearly $50 seen trumping supply outages. NEW YORK, May 27- Oil prices dipped for a second day in a row on Friday as some investors took profit on a surge to seven-month highs while others worried about higher production with the market hovering near $50 a barrel. "People are worried crude production will come roaring back at these prices," said Phil...

  • NEW YORK/ LONDON, May 27- Gold slid 1 percent to a three-month low on Friday, extending losses after Federal Reserve Chair Janet Yellen indicated the U.S. central bank could raise interest rates within months if the economy continues to improve, boosting the dollar. You couldn't really say it was uber hawkish, but it keeps the door open for a July hike, and as far as gold...

  • NEW YORK, May 27- U.S. Treasury prices fell on Friday with short-dated yields spiking up after Federal Reserve Chair Janet Yellen said gradual U.S. interest rate increases would be appropriate if the economy improves further and the labor market tightens. Treasury trading at Mitsubishi UFJ Securities USA Inc..

  • NEW YORK, May 27- The U.S. dollar added to gains while U.S. "It's appropriate... for the Fed to gradually and cautiously increase our overnight interest rate over time, and probably in the coming months such a move would be appropriate," Yellen told an audience of Harvard University professors and alumni. "People think June or July are very much alive now," said Stephen...

  • NEW YORK, May 27- The U.S. dollar index hit two-month highs on Friday after Federal Reserve Chair Janet Yellen left the door open to an interest rate increase in the coming months. "She didn't say no, the market took that as a positive sign for the dollar," said Boris Schlossberg, managing director at BK Asset Management in New York. The dollar also gained against the yen,...

  • CAMBRIDGE, Mass.— Federal Reserve Chair Janet Yellen said Friday that an interest rate hike would be appropriate in the coming months if the economy keeps improving. While economic growth was relatively weak at the end of last year and beginning of this year, it appears to be picking up now based on recent data, Yellen said during a discussion at Harvard University.

  • NEW YORK, May 27- Verizon Communications Inc and unions representing nearly 40,000 wireline workers have reached a tentative deal to end a strike that has stretched for more than month, U.S. The action was called by the Communications Workers of America and the International Brotherhood of Electrical Workers. Verizon Communications and representatives...

  • Verizon had trained other workers to step in but there were still delays in installations for Fios customers. Verizon said that it had high health care costs for its unionized workers, which have shrunk as it sold off large chunks of its wireline unit and focused on its mobile business, which was not unionized. The president of the Communications Workers of...