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  • TOKYO— The backdrop to the wild drama in financial markets over the past few weeks is a less dramatic but more daunting reality: the deep-seated challenges for sustaining long-term growth, especially for aging economies like Japan's. Japan released data Friday showing its economy has yet to escape the doldrums more than two years after Prime Minister Shinzo...

  • WASHINGTON/ BEIJING, Aug 28- The chairman of China's Tsinghua Unigroup travelled to the United States this week to meet with board members of Micron Technology and try to revive a politically fraught takeover bid of the U.S. chipmaker, people familiar with the matter said. Senator Charles Schumer of New York called on the inter-agency Committee on Foreign...

  • JACKSON HOLE, Wyo., Aug 28- Wild swings in world financial markets this week have shown how events in China can potentially disrupt the Federal Reserve's carefully scripted policy plans. "The years when China could keep on growing and pump things up- that's over. So you look around the world and ask who can take up the slack, and really the answer is nobody, "said Kevin...

  • CHICAGO, Aug 28- U.S. retailers including Toys R Us are starting to negotiate with their Chinese suppliers to take advantage of lower manufacturing costs after China devalued the yuan, with many saying they want to be ready if currencies in China and other Asian countries drop more against the dollar. Earlier this month, China devalued its tightly controlled...

  • NEW YORK, Aug 28- The nearly two-month-long slide in oil prices to 6-1/ 2 year-lows has been a boon to many so-called systematic funds, which trade based on technical signals or computer algorithms rather than fundamentals. While most market commentary has focused on the persistent glut in the global market caused by unrelenting OPEC output and surprisingly...

  • Aug 28- The oil market's 10 percent surge on Thursday offered a visceral reminder that many of its most active participants could not care less about global oil inventories, Saudi Arabia's stressed finances or the American shale revolution. For dozens of commodity trading advisors from Rotterdam to Chicago, so-called "systematic" funds that typically use...

  • MIAMI— The United States must bolster its military, push for more free trade and hold China far more accountable on human rights, Republican presidential candidate Marco Rubio writes in an op-ed for The Wall Street Journal. The U.S. senator from Florida is expected to provide details of his China policy Friday morning in Charleston, South Carolina, when he speaks...

  • EDINBURGH, Scotland- Bank of England's Executive Director of Prudential Policy David Rule at the Credit Scoring and Credit Control XIV Conference, University of Edinburgh. REYKJAVIK- Launch of Economic Survey of Iceland 2015. NEW YORK- Federal Reserve Bank of Boston President Eric Rosengren speaks on the economic outlook before the Forecasters Club of New...

  • "The NLRB's actions today will subject employers to increased uncertainty, liability for workplaces that they don't actually control, and ramped up pressure tactics to ease union organizing," said Glenn Spencer, a vice president at the U.S. Chamber of Commerce. Business groups have said such a ruling, which came in the case of waste management company...

  • NEW YORK, Aug 27- Donald Trump had to do a bit of damage control on Thursday after repeatedly dropping Carl Icahn's name in a campaign speech and then saying most good business negotiators were "vicious, horrible, miserable human beings." Trump, who is leading the Republican field in the polls by a wide margin, was telling the audience at a rally in Greenville, South...

  • NEW YORK, Aug 27- Two former Rabobank traders urged a U.S. judge on Thursday to dismiss an indictment accusing them of engaging in a scheme to manipulate Libor, the benchmark interest rate at the center of a global investigation into misconduct at several banks. Lawyers for Anthony Allen and Anthony Conti told a Manhattan federal judge that prosecutors could not...

  • But the stock climbed further after the billionaire investor disclosed the stake in a filing with the U.S. Securities and Exchange Commission, and said that he plans to speak with Freeport and may seek board representation. Freeport is undervalued, Icahn said in the filing, and he intends to address "executive compensation practices and capital structure as...

  • NEW YORK, Aug 27- Caesars Entertainment Corp on Thursday moved a step closer toward a possible trial with bondholders, as a Manhattan federal judge refused to hold the gaming company liable to help repay $7 billion of debt owed by its main operating unit. District Judge Shira Scheindlin rejected requests by bond trustees BOKF NA and UMB Bank NA that Caesars be...

  • After Fogle began talking about paying for sex with minors, the lawyer said Mills alerted a regional Subway contact in Florida where her stores were based. Subway had little say in the fund, but gained control of it in 2010 after a lawsuit, he said. Subway did not respond to a request for comment late Thursday.

  • ALBANY, N.Y.— Gap Inc. is ending its practice of requiring workers to remain on-call for short-notice shifts following an inquiry from New York's attorney general. A spokeswoman for the San Francisco- based retailer said Thursday the decision also applies to Gap's other brands, including Banana Republic, Old Navy and Athleta and was part of an effort to "improve...

  • Aug 27- Wall Street rallied more than 2 percent on Thursday as strong U.S. economic data and hints that a September interest-rate hike was unlikely fueled optimism that the worst of recent market turmoil was over. "The worst is probably behind us but it's going to take a while before we get back to normal and we might still see some downward risk," said Scott Brown,...

  • NEW YORK— For the first time, a billion people used Facebook in a single day on Monday. CEO Mark Zuckerberg marked the occasion with a post on his Facebook page, saying that one out of seven people on Earth logged in to the social network to connect with their friends and family. Most people on Facebook live outside the U.S. and Canada.

  • NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. St. Jude Medical Inc., up $3.09 to $72.43. Tiffany& Co., down $1.79 to $83.29.

  • NEW YORK, Aug 27- Most U.S. Treasuries prices were modestly lower on Thursday, as a rally on Wall Street and a surprisingly large upward revision on U.S. economic growth in the second quarter revived some bets the Federal Reserve would raise rates by year-end. The Commerce Department said U.S. gross domestic product grew at a 3.7 percent annual pace in the quarter...

  • NEW YORK _ Aeropostale Inc. on Thursday reported a loss of $43.7 million in its fiscal second quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was also for a loss of 56 cents per share. For the current quarter ending in November, Aeropostale expects its results to range from a loss of 38 cents per share to a loss of 30 cents per...