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  • Aug 28, Brussels-- The European Commission will launch a study in September of the ride-hailing app Uber in an effort to settle legal disputes that have pitched the U.S. start-up against conventional taxis across Europe, three people familiar with the matter said on Friday. Uber has responded by submitting complaints to the European Commission against German...

  • CARACAS, Aug 28- Venezuelan President Nicolas Maduro on Friday said he will visit China and Vietnam to sign economic and financing deals, as the OPEC nation struggles to make ends meet at a time of low oil prices. "I leave tomorrow for Vietnam and China to seal agreements for the economic and financial security of Venezuela, and to seek support in these difficult...

  • NEW YORK, Aug 28- Microsoft Corp avoided a potentially costly setback to its financially troubled mobile phone business on Friday as the U.S. International Trade Commission declined to block the import of its devices in a longstanding patent dispute. The decision rejected a ruling in April by a U.S. trade judge who found that Microsoft had infringed two...

  • PIERRE, S.D.— The South Dakota tourism industry is surging this year, spurred on by good weather, low gas prices and landmark events such as the 75th Sturgis Motorcycle Rally, officials say. At the end of July, there were nearly $350 million in tourism taxable sales, which is more than 14 percent higher than the same period last year, according to information provided...

  • The U.S. stock market had a wild week as investors fretted about the declining health of the Chinese economy. Stocks slumped on Monday and Tuesday, before rebounding strongly the following two days. A drop of that magnitude is defined as a correction in Wall Street jargon.

  • *Refinery outages, Yemen tensions and storm watch fuel gains. NEW YORK, Aug 28- World oil prices roared back to $50 a barrel in the second day of a frenetic short-covering rally on Friday, with violence in Yemen, a storm in the Gulf and refinery outages helping extend the biggest two-day rally in six years. Warplanes from a Saudi-led coalition killed 10 people in air...

  • TORONTO, Aug 28- The owner of adultery website Ashley Madison had already been struggling to sell itself or raise funds for at least three years before the publication of details about its members, according to internal documents and emails also released by hackers as part of their assault on the company in recent weeks. Avid Life Media announced on Friday that...

  • NEW YORK, Aug 28- Microsoft Corp avoided a potentially costly setback to its financially-troubled mobile phone business on Friday as the U.S. International Trade Commission declined to block the import of its devices in a longstanding patent dispute.

  • CHICAGO, Aug 28- United Airlines plans to change the way it schedules flights and to use new technology to tackle the delays and cancellations that have hurt its competitiveness, company executives told Reuters. The new initiatives aim to narrow the gap in performance between United Continental Holdings Inc and Delta Air Lines Inc, which has the best on-time...

  • On Thursday the National Labor Relations Board ruled the owner of a California recycling plant was a "joint employer" with the contractor that hired workers at the plant, essentially forcing both to bargain with the union together. Unions see the decision as a breakthrough not just in efforts to help employees organizes at franchisees of McDonald's Corp and...

  • TRADE COMMISSION FINDS NO VIOLATION OF TARIFF ACT OF 1930 AND DECLINES TO ISSUE IMPORT BAN ON MICROSOFT MOBILE PHONES.

  • MICROSOFT CORP CLEARED OF INFRINGING INTERDIGITAL INC PATENTS- U.S.

  • SAN FRANCISCO— Twitter is setting modest goals to diversify its workforce while it fights a proposed class-action lawsuit that says the online messaging service discriminates against its female employees. The San Francisco company also wants women to make up 25 percent of its leadership roles, from 22 percent now, and is promising to hire more blacks and...

  • U.S. stocks closed mostly higher on Friday, capping a volatile week. Stocks fell heavily in the first two days of trading this week on concerns about the health of China's economy. The market then rebounded sharply as investors decided to scoop up bargains.

  • SAN FRANCISCO, Aug 28- Uber Technologies Inc has hired two top vehicle security researchers, the company said on Friday, additions to its staff that come as the ride-hailing service ramps up its work on technology for self-driving cars. Charlie Miller, who had been working at Twitter Inc, and Chris Valasek, who worked at security firm IOActive, left their jobs on...

  • NEW YORK, Aug 28- A Florida man accused of running an unlicensed bitcoin exchange and who is among five defendants linked to last summer's massive data breach at JPMorgan Chase& Co is in talks to resolve his criminal case, according to court papers filed Friday. Should a plea deal be reached, it could be a breakthrough for authorities investigating the hacking of...

  • Aug 28- Wall Street ended a tumultuous week with a flat close on Friday as investors shrugged off concerns that a September rate rise was more likely than some investors expected. "A lot of investors are rebalancing their portfolios before going into the weekend," said Randy Frederick, managing director of trading and derivatives for Charles Schwab in Austin.

  • NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Freeport-McMoRan Inc., up 31 cents to $10.50. Big Lots Inc., up $6.58 to $48.58.

  • *China central bank injects liquidity into market. NEW YORK, Aug 28- A volatile ride for global markets this week ended calmly on Friday even as lingering worries over Chinese economic growth and the Federal Reserve's plans to raise interest rates weighed on stocks, but oil rebounded sharply for a second day. U.S. crude jumped more than 6 percent as a rally in...

  • SAN JUAN/ NEW YORK Aug 28- Puerto Rico's imminent fiscal reform plan will aim to persuade bondholders to restructure debt by showing the government is willing to share the burden. But some of the plan's expected reforms- such as cuts to teacher pensions and University of Puerto Rico subsidies- may be too politically unfeasible to coax bondholders to the table,...