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  • May 26- Gawker Media, the New York- based owner of online news and gossip website Gawker.com, is exploring a sale following a court ruling that it pay $140 million to wrestler Hulk Hogan over the publication of a sex tape, the New York Post reported. The Post, citing sources, said at least one party had expressed interest in the company, with a potential deal value of...

  • LONDON, May 26- Santander is the first British bank to start using the technology behind virtual currency Bitcoin for recording international payments, and may start rolling out the service to customers next year, the head of innovation at its UK arm said. Santander said about 6,000 staff in Britain would be eligible to begin using the technology internally in a...

  • NEW YORK— U.S. stocks are hardly budging Thursday after big gains over the last two days. KEEPING SCORE: The Dow Jones industrial average fell 21 points, or 0.2 percent, to 17,830 as of 11:39 a.m. Eastern time. THE QUOTE: Stocks have climbed over the last two days and are trading close to their highest prices in 2016. Jim McDonald, chief investment strategist for...

  • May 26- Nearly 7-1/ 2 years after Bernard Madoff's Ponzi scheme was unmasked, the court-appointed trustee recouping money for the swindler's victims on Thursday sought court approval to free up another $247 million to help cover their losses. Bankruptcy Judge Stuart Bernstein is expected to review the payout at a June 15 hearing in Manhattan.

  • *Oil prices move above $50 a barrel. May 26- U.S. stocks were little changed at the open on Thursday, taking a breather from their robust two-day run, as investors keenly await a speech from Fed Chair Janet Yellen on Friday. "Markets are becoming more comfortable with a rate hike in June or July," said Peter Cardillo, chief market economist at First Standard Financial in...

  • A shortage of staff and a surge in air travelers have created a nightmare scenario for the U.S. Transportation Security Administration, with airport wait times in places like Chicago stretching beyond two hours. While TSA is taking steps to shorten lines such as hiring more full-time officers, it lacks the staffing to handle peak travel times this summer,...

  • NEW YORK, May 26- Media clients please note that the story originally slugged SEARS HOLDINGS/RESULTS, dated May 26, which was published at 6:47 a.m. ET/ 1047 GMT will in future carry the slug SEARS HOLDINGS-RESULTS/.

  • WASHINGTON— Angry House conservatives voted down a routine spending bill Thursday in a fight over gay rights, underscoring the passions surrounding a social issue that is dividing the Republican Party and the nation in this election year. The 305-112 vote killed a spending bill for energy and water projects, and may imperil GOP efforts to pass any more of the 12...

  • NEW YORK— Wendy's says Todd Penegor is now CEO and president of the hamburger chain, a move that was previously announced late last year. At the time, The Wendy's Co. said Penegor would replace him. Dublin, Ohio- based Wendy's has been remodeling its stores and adding new menu items to boost its image.

  • ATLANTIC CITY, N.J.— The head of New Jersey's state Senate says it's time to start a campaign to drum up support for two new casinos in the northern part of the state, near New York City. Steve Sweeney told the East Coast Gaming Congress and iGaming Institute that it won't be easy to get voters to approve the new casinos in a November referendum. Chris Christie says...

  • *Oil prices move above $50 a barrel. Traders are now pricing in a 32 percent chance of a rate hike in June, up from just 4 percent early last week, according to CME Group's FedWatch tool. "Markets are becoming more comfortable with a rate hike in June or July," said Peter Cardillo, chief market economist at First Standard Financial in New York.

  • WASHINGTON— Orders to U.S. factories for long-lasting manufactured goods rose in April by the most since January. Demand for durable goods jumped 3.4 percent after a 1.9 percent gain in March, the Commerce Department said Thursday. "The consumer seems to be spending freely, but business investment in the economy's future is not so hot right now," said Chris Rupkey,...

  • NEW YORK— Dollar Tree Inc. on Thursday raised its outlook for the year after its first-quarter profit more than tripled and topped Wall Street expectations. Dollar Tree's net income in the three months through April 30 rose to $232.7 million, or 98 cents per share, from $69.5 million, or 34 cents per share, the year before. Eight analysts surveyed by Zacks expected...

  • NEW YORK— Sears' fiscal first-quarter loss widened as it suffered another sales drop at its Kmart and namesake stores. The chain said that it believes it can achieve significant growth in the Kenmore, Craftsman and DieHard brands by further expanding their presence outside of Sears and Kmart. Sears' shares rose in early morning trading on the news.

  • May 26- Starbucks Corp, the world's biggest coffee company, said on Thursday it would open a coffee roastery in Shanghai, China in 2017, its first outside the United States. Starbucks has been investing heavily in China, the company's largest market outside the United States, despite signs of slowing growth. The company said in April that business in China...

  • ST. PETERSBURG, Fla.— Hulk Hogan's courtroom cage match with Gawker has apparently been bankrolled by a high-tech billionaire with a grudge against the news-and-gossip site. Two months after Hogan won a $140 million invasion-of-privacy verdict against Gawker for posting a sex tape of him, news reports say the pro wrestler is secretly backed by Silicon Valley...

  • LONDON— Stock markets around the world edged higher Thursday as traders interpreted the rise in oil prices to $50 a barrel for the first time this year as a positive sign for the global economy. KEEPING SCORE: In Europe, Britain's FTSE 100 was up 0.1 percent at 6,271 while France's CAC rose 0.7 percent to 4,511. Germany's DAX continued its rapid ascent, rising 0.7...

  • WASHINGTON— Hillary Clinton and her team ignored clear guidance from the State Department that her email setup broke federal standards and could leave sensitive material vulnerable to hackers, a department audit has found. Campaigning in California, presumptive Republican presidential nominee Donald Trump noted solemnly that Clinton had received "a...

  • TOKYO— Faced with mounting costs from a global recall of air bags, Japanese supplier Takata Corp. has hired the advisory firm Lazard to engineer a restructuring of its finances, likely with the help of some of its biggest customers. As of March 31, Takata had around $530 million in cash and short-term investments. Scott Upham, CEO of Valient Market Research in...

  • A year after an Associated Press investigation first revealed persistent problems with airports' outer defenses, breaches remain as frequent as ever— occurring about once every 10 days— despite some investments to fortify the nation's airfields. Was it a perimeter security breach in March 2015 when a woman walked past a vehicle exit gate at San Francisco...