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  • NEW HAVEN, Conn.— The noise and bustle of nearby neighborhoods fade away at New Haven's sprawling port. What was a key port for lumber and other goods dating to Colonial times is, like other New England ports, facing a reckoning after a lengthy decline. New England' s ports saw their national rankings in terms of total trade plummet since the 1970 s, a trend that only...

  • NEW YORK— A Latvian computer code writer who helped create a virus that spread to more than a million computers worldwide and corrupted some at NASA may be returning home soon after pleading guilty to a federal charge on Friday. Deniss Calovskis, soft-spoken and bespectacled, pleaded guilty in Manhattan to conspiring to commit computer intrusion.

  • NEW YORK, Sept 4- Crude futures fell about 2 percent on Friday as traders shrugged off a drop in the number of U.S. rigs drilling for oil and focused instead on a supply glut and declining stock prices on Wall Street. "I get the feeling the longs do not want to wait out the three-day weekend," said Tariq Zahir, a trader in crude oil spreads at Tyche Capital Advisors in Laurel...

  • Sept 4- Bertelsmann SE& Co KGaA, Europe's largest media group, is close to acquiring a minority stake in learning technology firm HotChalk, according to people familiar with the matter, as the educational technology sector continues to grow. Bertelsmann is leading a funding round that could value the Campbell, California- based company at $600 million to $800...

  • Sept 4- Bertelsmann SE& Co KGaA, Europe's largest media group, is close to acquiring a minority stake in learning technology firm HotChalk, according to people familiar with the matter, as the educational technology sector continues to grow. Bertelsmann is leading a funding round that could value the Campbell, California- based company at $600 million to $800...

  • NEW YORK, Sept 4- Stocks on major markets fell on Friday, closing out another tough week for equity markets, after the monthly U.S. employment report failed to provide a clear signal on the likelihood of the first Federal Reserve interest rate rise for nearly a decade later this month. "Regardless of the global dislocation for equities, investors still seem to be...

  • NEW YORK, Sept 4- Nomura Holdings Inc and Royal Bank of Scotland Group Plc have agreed to pay up to $33 million on top of $806 million that a U.S. judge ordered them to pay for making false statements in selling mortgage-backed securities. The agreement with the Federal Housing Finance Agency was disclosed in court papers filed on Friday in Manhattan federal court...

  • NEW YORK— Canadian energy and services company Emera said Friday it will buy Teco Energy, an electric and gas utility that does business in Florida and New Mexico, for about $6.48 billion. Emera Inc. said it will pay $27.55 per share of Teco Energy, a premium of about 31 percent over Friday's closing stock price. Emera, based in Halifax, Nova Scotia, has investments...

  • Private equity firm Apax Parners LLP, the owner of One Call Care, plans to submit a binding offer later this month to Helios' owners, buyout firms Kelso& Company and Stone Point Capital LLC, the people said this week. Apax faces competition for Helios from other private equity firms, including Hellman& Friedman LLC and TPG Capital LP, the people added, asking not to be...

  • *Caterpillar falls after broker downgrade. *Microsoft drags down S&P 500. It was an okay jobs report, but there's worry about China going into the weekend, "said John Augustine, chief investment officer, Huntington Trust in Columbus, Ohio.

  • NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Vince Holding Corp., down $4.03 to $5.24. Gap Inc., down 60 cents to $32.41.

  • It filed for an IPO that was valued at up to $100 million, according to a form filed Friday with the Securities and Exchange Commission. The $100 million figure is an estimate used for the purpose of calculating a filing fee. McGraw-Hill Education lost $330.7 million last year as it invested $150 million in digital learning, and plans to spend another $175 million...

  • NEW YORK— At Home Group, a chain of stores that sells furniture, rugs and other home goods, said Friday that it plans to become a publicly-traded company. At Home expects to list its stock on the New York Stock Exchange under the ticker symbol "HOME." The company reported a loss of $436,000 in the year ending Jan. 31, 2015, narrower than its loss of $22.3 million the...

  • Sept 4- Bertelsmann SE& Co KGgA, Europe's largest media group, is close to acquiring a minority stake in learning technology firm HotChalk, according to people familiar with the matter, as the educational technology sector continues to grow. Bertelsmann is leading a funding round that could value the Campbell, California- based company at $600 million to $800...

  • NEW YORK, Sept 4- Slowing growth in emerging markets and currency fluctuations in anticipation of a U.S. interest rate hike may push third-quarter revenue and earnings estimates lower this month. This could happen fairly quickly, "said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York. In addition, demand is likely slower in many...

  • The company, owned by private equity firm Apollo Global Management LLC, did not name the underwriters for the IPO in its filing with the U.S. Securities and Exchange Commission. Reuters reported earlier this week that McGraw-Hill Education has hired Credit Suisse Group AG and Morgan Stanley to lead the IPO, expected to value the company at between $5 billion and...

  • SAN FRANCISCO, Sept 4- Amazon.com Inc is adding staff for a new division dedicated to restaurants in Seattle and New York, with indications the unit is trying to rapidly expand a meal delivery service, according to posts on LinkedIn and the company's jobs site. The online retailer has dabbled in food delivery before but its move to form a dedicated division called...

  • NEW YORK/ RICHMOND, Va., Sept 4- The latest U.S. jobs report was not definitively good or bad enough to help the Federal Reserve decide whether to raise interest rates later this month, leaving the decision hanging on volatility in financial markets over the next couple of weeks. "With this jobs report... the Fed finds itself in a real uncertainty jam when it comes to a...

  • NEW YORK, Sept 4- Crude futures fell about 2 percent on Friday as traders paid little heed to a drop in the number of U.S. rigs drilling for oil and focused instead on a supply glut and declining stock prices on Wall Street. "I get the feeling the longs do not want to wait out the three-day weekend," said Tariq Zahir, a trader in crude oil spreads at Tyche Capital Advisors in...

  • *Caterpillar falls after broker downgrade. *Microsoft drags down S&P 500. It was an okay jobs report, but there's worry about China going into the weekend, "said John Augustine, chief investment officer, Huntington Trust in Columbus, Ohio.