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  • LOS ANGELES, Feb 11- Breaking a long silence, a politically connected Chinese businessman living in the United States has denied through his attorney that he handed over Chinese state secrets, including launch codes for nuclear weapons, to U.S. authorities. His case has generated intense interest in China and the U.S. because of the access Ling Wancheng's...

  • WASHINGTON— The Treasury Department is sanctioning three leaders of the Islamic State, including a senior oil official, who are instrumental in the group's finances and recruitment. Thursday's action is another step in the Treasury's efforts to disrupt the group's ability to profit from illicit oil sales in Iraq and Syria and hamper its access the...

  • WASHINGTON— The Federal Reserve of New York releases its February survey of manufacturers, 8:30 a.m.. WASHINGTON— Labor Department releases the Producer Price Index for January, 8:30 a.m.; Commerce Department releases housing starts for January, 8:30 a.m.; Federal Reserve releases industrial production for January, 9:15 a.m.; Federal Reserve releases...

  • Feb 11- MoneyGram International Inc will pay $13 million to settle an investigation by U.S. states that focused on complaints from consumers who said scam artists duped them into wiring funds to them through the money transfer service. The settlement with attorneys general in 49 states and Washington, D.C., includes $9 million for a nationwide fund that will...

  • WASHINGTON— Protecting the privacy of law-abiding citizens from the government is a pillar of Ted Cruz's Republican presidential candidacy, but his campaign is testing the limits of siphoning personal data from supporters. Cruz's sophisticated analytics operation was heralded as key to his victory in Iowa earlier this month— the first proof, his campaign...

  • Feb 11- MoneyGram International Inc will pay $13 million to settle an investigation by U.S. states that focused on complaints from consumers who said that scam artists duped them into wiring funds to them through the money transfer service. The settlement with attorneys general in 49 states and Washington, D.C., will provide for the return of funds to some...

  • WASHINGTON— Federal Reserve Chair Janet Yellen cautioned Thursday that global economic pressures pose risks to the U.S. economy but said it's too soon to know whether those risks are severe enough to alter the Fed's interest-rate policies. But she said the Fed thought it should study the issue again now that other central banks, including in Europe and Japan,...

  • WASHINGTON— Average long-term U.S. mortgage rates fell this week for the sixth straight week as markets around the globe continued the whipsaw trading that has marked this year so far. Mortgage buyer Freddie Mac said Thursday the average rate on a 30- year fixed-rate mortgage dropped to 3.65 percent this week, down from 3.72 percent last week and close to its low...

  • WASHINGTON— The International Monetary Fund has nominated managing director Christine Lagarde for a second five-year term. She also has served as France's minister of trade, agriculture and finance. During the financial crisis of 2008, she led a council of European Union finance and economic ministers.

  • WASHINGTON— Fewer Americans applied for unemployment benefits last week in a sign of a stable job market despite the slowing global economy hitting stocks and commodities. THE NUMBERS: Weekly applications for jobless aid fell 16,000 to a seasonally adjusted 269,000, the Labor Department said Thursday. KEY DRIVERS: The domestic economy appears to have...

  • WASHINGTON— Weekly applications for US unemployment benefits fall to 269,000, a positive sign for hiring.

  • Many others will be covered under Medicaid, which funds care only in cases where a patient's assets have been almost completely spent. Congress has not addressed the problem, partly due to the highly polarized atmosphere surrounding health policy. In the debate about long-term care, the right wants private-market insurance solutions, while the left...

  • WASHINGTON— Congress voted Thursday to permanently bar state and local governments from taxing access to the Internet, as lawmakers leapt at an election-year chance to demonstrate their opposition to imposing levies on online service. "The Internet is a resource used daily by Americans of all ages," said Senate Majority Leader Mitch McConnell, R- Ky., who...

  • WASHINGTON— What's likely keeping Janet Yellen up at night? Everything from market volatility to weak overseas growth to a high-priced dollar that's made U.S. exports pricier and imports cheaper, judging from the Fed chair's testimony Wednesday to Congress. In her semiannual report to Congress, Yellen spent most of her time discussing the risks to the U.S....

  • *Japan on holiday, South Korea stocks resume with sharp loss. SYDNEY, Feb 11- Asian shares sputtered on Thursday as U.S. Federal Reserve Chair Janet Yellen's tone of guarded optimism led to an indecisive finish for Wall Street and further weakness for the dollar.

  • LONDON- Bank of England deputy governors, Jon Cunliffe and Andrew Bailey, to appear at Lords committee on euro zone financial system- 1130 GMT. SYDNEY- Reserve Bank of Australia Governor Glenn Stevens appears before the House of Representatives' Standing Committee on Economics in his twice yearly parliamentary testimony- 2230 GMT. WASHINGTON- Federal Reserve...

  • CHICAGO, Feb 10- Bankrupt coal miner Arch Coal Inc has reached a deal with the state of Wyoming that will provide it with temporary relief from liability for millions of dollars in future cleanup costs for coal mines, according to court documents. Arch said in a court filing that the state of Wyoming and the Wyoming Department of Environmental Quality have agreed...

  • WASHINGTON, Feb 10- The U.S. Senate voted unanimously on Wednesday to toughen sanctions on North Korea over its nuclear program, human rights record and cyber activities, as U.S. lawmakers sought to crack down on Pyongyang for its nuclear tests. Lawmakers said they wanted to make Washington's resolve clear not just to Pyongyang, but to the United Nations and other...

  • NEW DELHI, Feb 11- India, concerned at being sidelined from the U.S.-led Trans-Pacific Partnership, is stepping up efforts to reach agreement with an alternative trade bloc centred around China, and hopes to reach a deal this year. Prime Minister Narendra Modi has backed an export-focused' Make in India' drive as the path to prosperity for Asia's third-largest...

  • Vanda reports 4Q loss 22 Hours Ago

    WASHINGTON _ Vanda Pharmaceuticals Inc. on Wednesday reported a fourth-quarter loss of $14.8 million, after reporting a profit in the same period a year earlier. The Washington- based company said it had a loss of 35 cents per share. For the year, the company reported a loss of $39.9 million, or 94 cents per share, swinging to a loss in the period.