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Wires

  • LAS VEGAS— You've seen them at intersections and outside strip malls spinning arrow-shaped signs and trying to grab the attention of drivers and passers-by. Las Vegas hosted the 2017 edition, the 10th competition, over the weekend. Clint Hartman spins signs between five and nine hours a day at major intersections in Portland, Oregon.

  • Feb 27- Travel website operator Priceline Group Inc reported a 17.4 percent rise in quarterly revenue, driven by higher hotel bookings. Net income rose to $673.9 million, or $13.47 per share, in the fourth quarter ended Dec. 31, from $504.3 million, or $10 per share, a year earlier. Revenue rose to $2.35 billion from $2 billion.

  • DETROIT, Feb 27- Japan's Takata Corp on Monday pleaded guilty to a felony charge as part of an expected $1 billion deal with the U.S. Justice Department that includes compensation funds for automakers and victims of its faulty airbag inflators. After Takata's guilty plea, a federal judge in Detroit was hearing objections on Monday to the settlement raised by...

  • NEW YORK, Feb 27- U.S. stocks ended slightly higher on Monday and the Dow hit a record high close for a 12th straight session as President Donald Trump said he would make a "big" infrastructure statement on Tuesday.

  • Feb 27- Uber Technologies Inc's senior vice president of engineering, Amit Singhal, has left the company for failing to disclose a sexual harassment allegation, stemming from his tenure at Alphabet Inc's Google, Recode reported, citing sources. Singhal, who was appointed last month to work closely with Uber CEO Travis Kalanick, was asked to resign after Recode...

  • *Investors await Trump speech to joint session of Congress. NEW YORK, Feb 27- U.S. Treasury Secretary Steven Mnuchin said on Sunday Trump would use a major policy speech to a joint session of Congress to preview some elements of his sweeping plans to cut taxes for the middle class, simplify the tax system and make U.S. companies more globally competitive, with lower...

  • DOW JONES INDUSTRIAL AVERAGE CLOSES AT RECORD HIGH FOR 12 TH STRAIGHT SESSION; LONGEST STREAK SINCE 1987.

  • LOS ANGELES, Feb 27- Accountants and Oscar officials on Monday were investigating how a meticulous procedure for announcing Academy Awards winners went disastrously awry, snatching a best picture victory from musical "La La Land" and handing it instead to "Moonlight." In a gaffe on Sunday that stunned the Dolby Theatre crowd in Hollywood and a television...

  • TAKATA PLEADS GUILTY TO ONE CRIMINAL COUNT OF WIRE FRAUD IN U.S.

  • Feb 27- Gregory Abel, chief executive of the energy unit of Warren Buffett's Berkshire Hathaway Inc, was awarded $17.52 million in compensation last year, mainly in the form of a bonus, a regulatory filing shows. He also got a $1 million salary plus $1.52 million of other awards. The total amount was down from $40.77 million in 2015, which included $39.5 million of...

  • Japanese auto parts maker Takata Corp. has pleaded guilty to a criminal charge and agreed to pay $1 billion for a scheme to conceal a deadly defect in millions of its air bag inflators. Detroit federal Judge George Caram Steeh accepted a guilty plea to a fraud charge Monday. The allegations against Honda, Toyota, Nissan, Ford and BMW were made in a document filed...

  • DETROIT— Takata pleads guilty to fraud in air bag scandal that has killed at least 16..

  • NEW YORK, Feb 27- The U.S. dollar was steady against a basket of currencies on Monday ahead of a busy week that will include a speech by U.S. Treasury Secretary Steven Mnuchin said on Sunday that Trump, in an address to Congress on Tuesday, will preview some elements of his plans to cut taxes for the middle class, simplify the tax system and make U.S. companies more...

  • Feb 27- ABC's Sunday night broadcast of the Academy Awards drew 32.9 million U.S. viewers, the smallest audience for the Oscars since 2008, according to Nielsen data released by the Walt Disney Co unit on Monday. This year's audience dropped 4 percent from the 2016 Oscars, which drew 34.4 million viewers. The awards ceremony went a few minutes past midnight on the...

  • LOS ANGELES— Construction has begun on a new $1.6 billion terminal at Los Angeles International Airport. Mayor Eric Garcetti and other city leaders helped break ground Monday on the Midfield Satellite Concourse. It will connect to the Tom Bradley International Terminal via an underground tunnel.

  • *Trump addresses joint session of Congress on Tuesday. NEW YORK, Feb 27- Wall Street rose slightly on Monday and U.S. While many investors were hoping Trump would unveil details on pro-business policies including tax reform, cash repatriation or infrastructure spending during his address to Congress Tuesday night, others were not ready to make new bets as they...

  • With the GOP- controlled Congress starting its third month of work on one of its marquee priorities, unresolved difficulties include how their substitute would handle Medicaid, whether millions of voters might lose coverage, if their proposed tax credits would be adequate and how to pay for the costly exercise. The nonpartisan Congressional Budget Office...

  • *UAE and Iraq pledge to catch up with output cut targets. *Iran, Libya and Nigeria remain exempt from OPEC production cuts. NEW YORK, Feb 27- Oil prices ended little changed on Monday as the prospect for U.S. crude production to continue growing offset reports of high compliance to the OPEC production cut agreement and record bullish bets that prices would rise...

  • NEW YORK/ LONDON, Feb 27- Gold fell after tapping a 3-1/ 2- month high on Monday as U.S. ounce by 2:43 p.m. EST, after rising to $1,263.80, the highest since Nov. 11, but prices failed to hold above the 200- day moving average at $1,260.74. Trump is due to address Congress on Tuesday.

  • Feb 27- American International Group Inc's directors are discussing whether to penalize or oust Chief Executive Peter Hancock over a major setback in the insurance firm's turnaround plan, the Wall Street Journal reported, citing people familiar with the matter. AIG's net loss widened to $3.04 billion, or $2.96 per share, in the fourth quarter ended Dec. 31, from...