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  • TAIPEI, Aug 24- Taiwan stocks were almost flat on Wednesday morning as losses in financial shares, led by Mega Financial, eroded early gains. But the financials subindex lost 0.7 percent, led by Mega Financial's 2 percent retreat after Taipei prosecutors on Tuesday began an investigation on whether the firm broke local criminal laws after its banking unit was...

  • Bank of England's Executive Director for Resolution Andrew Gracie to speak- 0615 GMT. JACKSON HOLE, WYOMING, United States- Bank of England's Deputy Governor for Markets and Banking Nemat Shafik to participate in a panel discussion titled "Adapting to Changes in the Financial Market Landscape"- 1450 GMT. FRIDAY, AUGUST 26 JACKSON HOLE, WYOMING, United States-...

  • Negotiations are advancing thanks to the prospect of more cash for creditors following the $4.4 billion sale of another Caesars affiliate last month and the possibility of financial contributions from Caesars' private equity sponsors, Brendan Hayes, managing director of Millstein& Co said at a hearing. But negotiations need to take place without the threat...

  • NEW YORK— A fugitive former technology company CEO who frustrated federal authorities by living comfortably in exile in southwest Africa for the past 10 years has agreed to return to the United States to face charges he hatched a scheme to pocket millions of dollars by secretly manipulating stock options and is expected to plead guilty, prosecutors revealed...

  • NEW YORK, Aug 23- Homebuilders provided a modest lift to both U.S. and European stock markets on Tuesday, while oil prices got a brief boost from Iran's positive signals on an output freeze. Shares of the region's homebuilders also gained following a solid update from UK homebuilder Persimmon, which closed 4.2 percent higher and was the biggest riser on the...

  • NEW YORK, Aug 23- Oil prices rose on Tuesday after Reuters reported Iran was sending positive signals that it may support joint OPEC action to prop up the market, before the market pared gains on trade data showing a surprise build in U.S. crude stocks. Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries, refused to join a...

  • NEW YORK— Stocks posted modest gains on Tuesday, bringing indexes nearly back to the record levels they reached last week. Homebuilders rose sharply following a big jump in sales of new homes last month, and Best Buy soared after the electronics retailer reported a surge in profit as online sales increased. The Dow Jones industrial average rose 17.88 points, or...

  • Best Buy Co., up $6.43 to $39.23. Zoe's Kitchen Inc., down $6.41 to $30.84. Tableau Software Inc., up $7.35 to $62.22.

  • NEW YORK, Aug 23- Homebuilders helped lift both U.S. and European stock markets on Tuesday, while oil prices got a boost from Iran's positive signals about an output freeze. Homebuilders there also saw a bounce following a solid update from UK homebuilder Persimmon, which closed 4.2 percent higher and was the biggest riser on the blue-chip FTSE 100.

  • NEW YORK/ LONDON, Aug 23- Gold was largely unchanged on Tuesday as markets shifted focus from hawkish comments by a Federal Reserve official over the weekend to a meeting of global central bankers later this week that might provide hints on the timing of a U.S. interest rate increase. Federal Reserve Chair Janet Yellen may provide more clarity on interest rates in...

  • *Treasury sells $26 billion two-year notes to solid demand. NEW YORK, Aug 23- The long-dated yield curve flattened to the lowest in one-and-a-half years on Tuesday as investors focused on whether Federal Reserve Chair Janet Yellen will adopt a more hawkish tone in a speech on Friday. Numerous Fed officials including Vice Chair Stanley Fischer, New York Fed...

  • NEW YORK, Aug 23- Oil prices rose more than 1 percent on Tuesday after Reuters reported that Iran was sending positive signals that it may support joint OPEC action to prop up the market. Although it has not said if it will join an effort to curb production at a meeting of OPEC and other producers in September, Iran appears more willing this time to reach an...

  • NEW YORK— An ambitious effort to replace obsolete New York City pay phones with Wi-Fi kiosks that offer free web surfing and phone calls has been a hit with panhandlers and the homeless, the least wired people in the city. That's the best part about it, "said a tall man drinking a beer out of a paper bag as he watched an R. Kelly video at a terminal on Eight Avenue in...

  • WASHINGTON— The FBI is investigating cyber intrusions targeting reporters of The New York Times and is looking into whether Russian intelligence agencies are responsible for the acts, a U.S. official said Tuesday. CNN first reported the FBI's investigation. New York Times spokeswoman Eileen Murphy would not confirm the FBI's investigation, but said, "We have...

  • BANGOR, Maine— The closing of one of the last two Howard Johnson restaurants in a couple of weeks will mark the end of its fried clam strips, ice cream and other menu staples that nourished baby boomers and leave the once-proud restaurant chain teetering on the brink of extinction. The slice of roadside Americana will no longer be served up in Bangor after Sept. 6.

  • NEW YORK— The Latest on ex- Fox News host Andrea Tantaros' sexual harassment against Fox News:. Andrea Tantaros doesn't list ex-Republican U.S. Scott Brown of Massachusetts or Fox host Bill O'Reilly as defendants in the suit filed Monday.

  • NEW YORK, Aug 23- Procter& Gamble Co's Gillette unit on Tuesday sued the maker of Schick razors, claiming it falsely marketed a line of private label three-blade razors and cartridges as being equal to or better than its popular Mach3. Gillette said tests of men aged 18 to 55 showed that razors from Edgewell Personal Care Co created a "statistically significant...

  • "First and foremost, students serving as research or teaching assistants come to Columbia to gain knowledge and expertise, and we believe there are legitimate concerns about the impact of involving a non-academic third party in this scholarly training," Columbia said. While Columbia and other universities have long argued that collective bargaining could...

  • *Iran sending "positive signals" on output freeze- sources. NEW YORK, Aug 23- Oil prices rose more than 1 percent on Tuesday, reversing early losses, after Reuters reported Iran was sending positive signals that it may support joint OPEC action to prop up the market. Although it has not said if it will join an effort to curb production at a meeting of OPEC and other...

  • WASHINGTON, Aug 23- New U.S. single-family home sales unexpectedly surged in July, reaching their highest level in nearly nine years amid robust demand, brightening the housing market outlook and bolstering views that economic growth will pick up in the third quarter. "A very rosy picture is beginning to emerge on the housing market, pointing to sustained...