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  • NEW YORK, July 26- Private equity firm KKR& Co LP on Tuesday reported higher-than-expected earnings, benefiting from steadying oil prices and stronger U.S. equity and credit markets. New York- based KKR said it had earned economic net income of 23 cents a share in the second quarter, down from 88 cents a year earlier but well above analysts' forecasts of 5 cents,...

  • BUFFALO, N.Y. _ Computer Task Group Inc. on Tuesday reported second-quarter earnings of $1.3 million. For the current quarter ending in October, Computer Task Group said it expects revenue in the range of $79 million to $81 million. Computer Task Group shares have declined 18 percent since the beginning of the year.

  • NEW YORK/ SAN FRANCISCO, July 26- The 1923 middle school building in Oregon's Corbett School District is so old that horses and trailers were used to dig the basement. The amount of debt sold so far this year in the $3.7 trillion market for U.S. municipal and state debt is less than in 2015 despite record-low borrowing rates. The yield on top-rated municipal 30- year...

  • NEW YORK/ CHICAGO, July 26- Record low interest rates so far have failed to spur a wave of new borrowing in the $3.7 trillion U.S. municipal debt market, with one exception: its weakest borrowers are seizing the opportunity to prop up their finances at costs they can afford. Some cash-strapped areas, including Illinois and low-rated Chicago, can also issue bonds for...

  • Now, the head of Turkey's second army, responsible for its borders with Syria and Iraq, is in prison in Duzce, some 216 km east of Istanbul, the most senior serving general arrested for suspected involvement in a failed military coup. But it exposed and exacerbated divisions within the second largest military in the NATO alliance, raising questions about its...

  • NEW YORK, July 26- Private equity firm KKR& Co LP on Tuesday reported higher-than-expected earnings as a rebound in investment returns and stabilizing financial markets helped to lift performance. New York- based KKR said it had earned economic net income of 23 cents a share in the second quarter, down from 88 cents a year earlier but well above analysts' forecasts...

  • NEW YORK— A trade group raised its forecast Tuesday for retail sales growth this year to 3.6 percent, with more help from online sales, as the economy improves. That's up from its previous forecast of 3.1 percent growth, he National Retail Federation said. "Challenges remain, with some greater than others depending on the retail category, but consumer confidence...

  • *Asia shares ex- Japan still eke out one-year peak. SYDNEY, July 26- Caution was the watchword among investors on Tuesday, with equity markets mixed and the yen scampering higher ahead of central bank meetings in the United States and Japan. MSCI's broadest index of Asia-Pacific shares outside Japan did edge up 0.7 percent to reach its highest in almost a year, aided...

  • *Global headwinds, Britain's EU vote muddy the waters. SAN FRANCISCO, July 26- The U.S. "That is the danger- and you can be sure that the hawks are going to be arguing that," said Alan Blinder, a Princeton University professor and a former Fed vice chairman.

  • NEW YORK/ SAN FRANCISCO, July 26- The 1923 middle school building in Oregon's Corbett School District is so old that horses and trailers were used to dig the basement. The amount of debt sold so far this year in the $3.7 trillion market for U.S. municipal and state debt is less than in 2015 despite record-low borrowing rates. The yield on top-rated municipal 30- year...

  • NEW YORK/ CHICAGO, July 26- Record low interest rates so far have failed to spur a wave of new borrowing in the $3.7 trillion U.S. municipal debt market, with one exception: its weakest borrowers are seizing the opportunity to prop up their finances at costs they can afford. Some cash-strapped areas, including Illinois and low-rated Chicago, can also issue bonds for...

  • SYDNEY, July 26- Caution gripped Asian markets on Tuesday, sending the safe-haven yen scampering higher ahead of central bank meetings in the United States and Japan, while a fresh skid in oil dampened energy stocks. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.2 percent firmer, still consolidating after recently topping out at nine-month...

  • SYDNEY, July 26- Caution gripped Asian markets on Tuesday, sending the safe-haven yen higher ahead of central bank meetings in the United States and Japan, while a fresh skid in oil dampened energy stocks on Wall Street. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2 percent, consolidating after recently topping out at nine-month highs.

  • ABU DHABI, United Arab Emirates— The world's first round-the-world flight to be powered solely by the sun's energy made history Tuesday as it landed in Abu Dhabi, where it first took off on an epic 25,000- mile journey that began more than a year ago. After landing the plane, pilot Bertrand Piccard was greeted outside the cockpit by his Solar Impulse partner and...

  • NEW YORK— Four days after the ouster of Roger Ailes as Fox News chief, two more executives at the network have been axed. But the firing of Michael Clemente and his top deputy, Peter Boyer, were not related to the sexual harassment allegations that forced Ailes out at the network that he started two decades ago, two Fox executives said Monday, speaking on condition of...

  • NEW YORK, July 25- The U.S. The Fed penalty would come two years after revelations that an employee at the New York Fed, Jason Gross, had leaked sensitive information to a Goldman banker named Rohit Bansal. Goldman has already paid a $50 million penalty to New York's Department of Financial Services related to the issue.

  • July 25- Jim Ratigan, who left his post at Deutsche Bank AG as head of Americas mergers and acquisitions earlier this month, has agreed to join U.S. healthcare investment banking boutique Leerink Partners LLC, a Leerink spokesman said on Monday. Deutsche's investment banking division has suffered a number of prominent departures in recent months, including...

  • NORWICH, N.Y. _ NBT Bancorp Inc. on Monday reported second-quarter net income of $19.9 million. The bank, based in Norwich, New York, said it had earnings of 46 cents per share. Keywords: NBT Bancorp, Earnings Report.

  • NEW YORK, July 25- The U.S. The Fed penalty would come two years after revelations that an employee at the New York Fed, Jason Gross, had leaked sensitive information to a Goldman banker named Rohit Bansal. Goldman has already paid a $50 million penalty to New York's Department of Financial Services related to the issue.

  • NEW YORK— Verizon's deal for Yahoo could give the phone company a stronger foothold in digital advertising as it takes what it knows about its customers' whereabouts and combines that with Yahoo's popular destinations and AOL's advertising expertise. To boost traffic and revenue even more, Verizon could also ship some phones with Yahoo apps already...