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  • *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.

  • DIARY-Top Economic Events to Feb 24 Wednesday, 10 Feb 2016 | 7:01 PM ET

    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 Wednesday, 10 Feb 2016 | 5:23 PM ET

    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.

  • Figures on government spending and debt Wednesday, 10 Feb 2016 | 4:54 PM ET

    WASHINGTON— Figures on government spending and debt in millions of dollars.

  • WASHINGTON— A Senate panel voted on Wednesday to hold the classified advertising website Backpage.com in civil contempt for failing to comply with a congressional subpoena into how it screens ads for possible sex trafficking. The full Senate must vote on the resolution. Senate approval would mark the first time in two decades the chamber has voted to hold...

  • WASHINGTON— The Obama administration asserted Wednesday that a Supreme Court order delaying enforcement of its new clean-power rules will ultimately have little impact on meeting the nation's obligations under the recent Paris climate agreement. They are concerned that any significant pause in implementing mandated reductions in carbon dioxide...

  • The same conservatives who forced John Boehner out as speaker are making life difficult for Ryan, signaling they'll refuse to vote for an upcoming GOP budget plan that endorses the higher spending numbers from last year. The Wisconsin Republican has built a congressional career as the Republican Party's budget savant, but Ryan is perhaps in his career's most...

  • Federal budget in black for January Wednesday, 10 Feb 2016 | 2:13 PM ET

    The Treasury Department said Wednesday that the surplus marked an improvement from January 2015 when the government recorded a small deficit of $17.5 billion. Both the Obama administration and the Congressional Budget Office are forecasting this year's deficit to top last year's imbalance of $439.1 billion. The CBO projects that the deficit will keep...

  • Business events scheduled for Thursday Wednesday, 10 Feb 2016 | 1:17 PM ET

    WASHINGTON— Fed Chair Janet Yellen testifies to Senate committee on monetary policy, 10 a.m. Eastern. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m..

  • Feb 10- Government tests show some types of laminate flooring sold by Lumber Liquidators Holdings LLC can cause irritation and breathing problems but the risk of cancer from exposure is low, a federal agency said on Wednesday. Lumber Liquidators' sales and shares were hammered after the CBS program "60 Minutes" reported in March last year that the laminates from...

  • NEW YORK, Feb 10- Stock indexes worldwide rebounded on Wednesday after concerns eased about the banking sector and Federal Reserve Chair Janet Yellen said the U.S. central bank has plenty of flexibility to adjust monetary policy if needed. Yellen's testimony to Congress boosted sentiment. "What Yellen said has been taken positively," said Richard Sichel, chief...

  • Surprise insurance fees often follow medical emergencies Wednesday, 10 Feb 2016 | 11:35 AM ET

    WASHINGTON— Recovering from a medical procedure is always a challenge, but getting hit with unexpected insurance fees can add financial hardship to the process. As health insurance plans become increasingly complicated, more patients are facing unexpected fees when they step outside their plan's coverage network. Nearly a third of insured Americans who...

  • WASHINGTON— A Senate committee is backing President Barack Obama's nominee to head the Office of Personnel Management. By voice vote, the Senate Homeland and Governmental Affairs Committee has approved the nomination of Beth Cobert to head the agency. Cobert's nomination now moves to the full Senate.

  • WASHINGTON, Feb 10- A top Federal Reserve policymaker on Wednesday expressed concern that U.S. reforms enacted after the global financial crisis may have made it harder to stem a credit market panic, a warning that came amid growing stress in corners of the banking sector. In a speech that followed weeks of plunging stock prices for global banks and growing...

  • The January 2014 crash on Interstate 88 near Naperville, Illinois, killed a tollway worker and seriously injured a state trooper whose patrol car was engulfed in flames. Although regulators had classified the Illinois company, DND International Inc., as high-risk, based on a lengthy record of problems, they failed to make the carrier comply with rules, the...

  • *Dollar rises after Yellen comments indicate rate hike still possible. NEW YORK, Feb 10- The dollar rose on Wednesday, climbing from nearly four-month lows against a basket of major currencies, after prepared remarks from Federal Reserve Chair Janet Yellen suggested that the U.S. central bank had not taken a March interest rate increase off the table.

  • WASHINGTON— Yellen, citing global uncertainty, says Fed could slow pace of future rate hikes if economy disappoints.