Wires

  • PHILADELPHIA— The ticking departures board at Philadelphia's main train station could make its own exit soon. But just how long the letters will continue to flip and signal passing trains at 30th Street Station remains in question. Amtrak spokesman Mike Tolbert says the plan to swap the Solari board with a digitized model is in its early design phase with no...

  • "That's something we are not so willing to grant," said Dardo Chiesa, president of Argentine Rural Confederation, one of the country's main farmers associations. Grains powerhouse Argentina is the world's No. 3 soybean exporter and top supplier of soymeal livestock feed. President Mauricio Macri was elected last year on promises of rejuvenating Argentina's...

  • DES MOINES, Iowa— The Iowa Utilities Board has declined to take immediate action on a request by 14 landowners to halt construction of a four-state oil pipeline. There is temporary stop on construction until Monday but the board met Thursday to hear two hours of arguments from Texas- based Dakota Access and the landowners on whether to order a more permanent...

  • WASHINGTON, Aug 25- Volkswagen AG has agreed to spend more than $1.2 billion to compensate its 650 U.S. dealers for their losses from the German automaker's diesel emissions scandal, two sources briefed on the matter said on Thursday. The settlement includes about $1.2 billion in payments for the reduction in value of VW dealerships, and additional payments for...

  • LOS ANGELES, Aug 25- Saudi Arabian Energy Minister Khalid Al-Falih does not believe it is necessary for any "significant intervention" in oil markets at this time, he told Reuters following a speech on Thursday. Talks are scheduled in Algiers, Algeria, in September to discuss a global output freeze pact. Al-Falih said there have not been any specific discussions on...

  • The list price of the drug will remain the same, but the company said it would increase the maximum copay assistance program to $300 from $100 for patients who pay for the 2- pak in cash or who are covered by a commercial health insurer. The price of EpiPen has skyrocketed to $600 from $100 since it was acquired by Mylan in 2007.. Ronny Gal, an analyst with Bernstein,...

  • AssetMark Inc of Concord, California, agreed to pay $500,000, the largest penalty among the 13 firms, the SEC said. The penalties are based on the fees each firm earned from F-Squared's flagship "AlphaSector" strategy, a customized model for allocating investors' assets in exchange-traded funds, stocks and bonds, the SEC said. In 2014, F-Squared admitted to...

  • CAIRO/ ABU DHABI, Aug 25- Egypt's Minister of Supply Khaled Hanafi has resigned amid the highest-profile corruption case since President Abdel Fattah al-Sisi came to power in 2014.. If Egypt's local wheat procurement figures were misrepresented, it may have to spend more on foreign wheat purchases to meet local demand- even as it faces a dollar shortage that has...

  • Federal Reserve Chair, before paring gains on a Reuters interview with the Saudi Energy Minister that cast doubts about an OPEC output freeze. That was before Saudi Energy Minister Khalid al-Falih's interview with Reuters, in which he said there had been no "discussions of substance yet" on OPEC production levels. Members of OPEC will meet on the sidelines of the...

  • LONDON, Aug 25- Global regulators will try to get more insight into why major banks are withdrawing from handling cross-border payments, making it harder for people to send money to relatives and loved-ones abroad. For example, the IMF has noted that in the Caribbean region at least 16 local banks have lost some or all of their correspondent banks.

  • NEW YORK— Amazon is starting a site offering research, reviews and other information on new and used cars. Amazon.com Inc. already sells car parts and accessories in its Amazon Automotive store. From its roots as an online bookseller, the Seattle company has expanded into a myriad of arenas.

  • SINGAPORE, Aug 25- The first driverless taxi began work on Thursday in a limited public trial on the streets of Singapore. Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district, hoping to get feedback ahead of a planned full launch of the service in 2018..

  • SINGAPORE, Aug 25- The first driverless taxi began work on Thursday in a limited public trial on the streets of Singapore. Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district, hoping to get feedback ahead of a planned full launch of the service in 2018..

  • SINGAPORE, Aug 25- The first driverless taxi began work on Thursday in a limited public trial on the streets of Singapore. Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district, hoping to get feedback ahead of a planned full launch of the service in 2018..

  • Aug 25- The stock of pacemaker manufacturer St Jude Medical Inc fell sharply on Thursday after short-selling firm Muddy Waters said it had placed a bet that the shares would fall because of cyber security vulnerabilities in the company's cardiac devices. Muddy Waters head Carson Block said his short position in St Jude was motivated by research from a cyber...

  • NEW DELHI— India said Wednesday that the leak of documents from a leading French builder of Scorpene submarines designed for India's navy was investigated and did not pose any security compromise because sensitive information was blacked out. The Indian government said in a statement that France was asked to investigate the documents' leak to an Australian...

  • OIL PRICES PARE GAINS AFTER SAUDI ENERGY MINISTER AL-FALIH SAYS IN RTRS INTERVIEW DOES NOT BELIEVE ANY SIGNIFICANT INTERVENTION IN MARKET NECESSARY.

  • SAN FRANCISCO— Volkswagen has reached a tentative deal with its U.S. dealers to compensate them for losses they said they suffered as a result of the company's emissions cheating scandal. U.S. District Court Judge Charles Breyer gave the attorneys until the end of September to submit a final proposal. That deal calls for it to spend up to $10 billion buying back or...

  • WASHINGTON, Aug 25- Tesla Motors Inc has won U.S. antitrust approval to buy solar panel installer SolarCity Corp, the Federal Trade Commission said on Thursday. The deal was on a listing of proposed transactions that won quick approval because the merging companies have few or no overlaps. The deal was announced on Aug. 1.

  • Aug 25- Since announcing her presidential bid last year, Hillary Clinton has had to field questions about the Bill, Hillary& Chelsea Clinton Foundation, her family's global philanthropy. Bill Clinton established the Clinton Foundation in 1997 to raise funds for his presidential archive in Little Rock, Arkansas, as he prepared to leave the White House.