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  • PHUKET, Thailand— Testimony began Tuesday in a criminal defamation lawsuit filed by Thailand's navy against a small news website over a report it posted saying naval forces accepted money to assist or turn a blind eye to the trafficking of refugees from Myanmar by sea. In many cases, the migrants pay to be smuggled by ship, but are then detained by traffickers in...

  • DUBAI, July 14- Iran's nuclear deal with world powers on Tuesday marks a triumph for President Hassan Rouhani, an establishment insider who staked his reputation on engaging pragmatically with the West and had to see off challenges from conservative factions. As Iran's negotiating team crisscrossed the globe to seal the nuclear deal, the 66- year-old cleric...

  • WASHINGTON, July 14- Billionaire investor Warren Buffett is set to be a chief beneficiary of a bid by Senate Republicans to weaken new regulations to improve train safety in the $2.8 billion crude-by-rail industry, a key cog in the development of the vast North American shale oil fields. On Wednesday, the panel will decide whether to send the measure to the full...

  • DUBAI, July 7- Prominent United Arab Emirates businessman Abdullah Ahmad al-Ghurair has donated more than $1 billion- a third of his business empire- to a foundation supporting education in the Arab world, a move highlighting growing philanthropy among the Middle East rich. The establishment of the Ghurair foundation comes days after Saudi Arabia's Prince...

  • Seprafilm, developed by Genzyme, is used to reduce abnormal internal scarring following surgery, by separating tissues and organs while they heal. The FDA and Genzyme, which was bought by Sanofi in 2011, were not immediately available for comment. FDA database of Manufacturer and User Facility Device Experience cites at least nine reports that link Seprafilm...

  • July 6- Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give away nearly all of his wealth. The Gates Foundation, which focuses on improving education and health and reducing poverty, received about 15.76 million shares,...

  • July 6- Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give away nearly all of his wealth. The Gates Foundation, which focuses on improving education and health and reducing poverty, receives the biggest share.

  • LOS ANGELES, June 27- As calls grow to remove the Confederate flag from public spaces across America's South, Vanessa White says she questions whether that would mark real progress for black Americans like her. The 57- year-old Compton, California construction worker has seen and endured too much, she says, to be excited. Across the country, African Americans are...

  • June 19- Delta Air Lines Inc and Southwest Airlines Co have scheduled overlapping flights from identical gates at Love Field in Dallas, creating potential havoc for customers as a gate-sharing agreement between the carriers is set to expire and a court battle looms over slots at the airport. Dallas had responded Wednesday by suing the federal agency for...

  • Gilead still has China patent for active compound. NEW YORK/ SHANGHAI, June 19- China has rejected a Gilead Sciences Inc patent application related to its costly hepatitis C drug, a U.S. advocacy group said, adding the move may lead to other countries to consider rejecting patents for the controversial treatment. Gilead, however, holds the China patent to the base...

  • June 17- Wal-Mart Stores Inc has built a network of 78 subsidiaries and branches in 15 offshore tax havens to minimize taxes on its operations outside the United States, said a report by tax reform advocacy group Americans for Tax Fairness released on Wednesday. Wal-Mart, the world's largest retailer, has assets worth at least $76 billion through shell...

  • HENGDONG, China, June 12- Scuffles broke out at the end of the first day of a landmark pollution trial in China on Friday as families who sued a chemical plant over high levels of lead in the blood of their children confronted lawyers representing the company. Police had to shield one lawyer from angry families and their supporters as he left the courtroom in the...

  • A 9-year-old takes girl power to new level Tuesday, 9 Jun 2015 | 1:47 PM ET
    Hailey Fort, 9, builds houses for the homeless.

    In less than two weeks, a young girl from Washington has crowdfunded her work helping the homeless.

  • Lunch with Warren Buffett auctioned for $2.35 million Saturday, 6 Jun 2015 | 11:15 AM ET

    June 6- The chairman of a Chinese company that develops online games has agreed to pay $2,345,678 for a private lunch with billionaire investor Warren Buffett, winning a charity auction. Glide said Zhu Ye, chairman of Beijing- based Dalian Zeus Entertainment Co, submitted the highest of 76 bids to win the five-day auction on eBay, which concluded on Friday night.

  • The EPA has yet to issue its "endangerment finding," despite pressure from environmental groups who first sued the agency to start the rulemaking process in 2010. A federal court in 2011 said the EPA must address aircraft emissions under the U.S. The EPA had initially promised the finding would be ready in 2014.. Most observers expect the EPA to say that aviation...

  • June 1- An online auction for the right to dine with billionaire investor Warren Buffett and raise money for a San Francisco charity has started strongly, with the top bid surpassing $1 million in less than a day. As of 2:30 p.m. EDT Monday, the top bid was $1,000,100 in the eBay auction, which ends at 10:30 p.m. EDT Friday. This year's winner can bring up to seven...

  • BEIJING/ HONG KONG, June 1- Western governments and foreign non-profit groups are pressuring China to revise a proposed law they say would severely restrict the activities of non-government organizations, business groups and universities, according to people familiar with the matter. In a confidential diplomatic document seen by Reuters, the European...

  • Only high-income households have managed to build significant savings, and the Center for Retirement Research at Boston College says 52 percent of today's working-age households face the shock of declining living standards in retirement. "If you have a dollar to spend on retirement security, it's much better to spend it on Social Security than by spreading...

  • CHICAGO, May 22- Wal-Mart Stores Inc is pressing meat, seafood, dairy and egg suppliers to reduce the use of antibiotics, becoming the first large retailer to take such a public stand against the excessive use of drugs in raising farm animals. Wal-Mart, the country's biggest food retailer, is also telling suppliers not to raise animals in gestation crates or in...

  • Wal-Mart urges meat suppliers to curb antibiotic use Friday, 22 May 2015 | 1:42 PM ET

    CHICAGO, May 22- Wal-Mart Stores Inc is pressing meat, seafood, dairy and egg suppliers to reduce the use of antibiotics, becoming the first large retailer to take a stand against the excessive use of drugs in raising farm animals. Wal-Mart, the country's biggest food retailer, is also telling suppliers not to raise animals in gestation crates or in other...