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  • 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...

  • Feb 10- Burger King said on Wednesday it would add hot dogs to its menu from Feb. 23 at participating restaurants in the United States.

  • CARACAS, Feb 10- Venezuelan shopping centers are scaling back hours of operation causing an uproar among consumers, in the wake of the government's move to reduce their electricity supplies in the early afternoon and evening. Socialist President Nicolas Maduro's government last week said shopping centers would have to generate their own electricity...

  • 2016 Audi Q3 2.0 T quattro Tiptronic. BASE PRICE: $33,700 for Premium Plus with front-wheel drive; $35,800 for Premium Plus quattro; $38,600 for Prestige with front-wheel drive; $40,700 for Prestige quattro. OPTIONS: Sport package $550; Mythos Black metallic exterior paint $575.

  • With a turbo-charged engine and a price tag that starts at under $35,000, the 2016 Q3 SUV delivers a fun and nimble ride along with Audi prestige. The smallest of Audi's three SUVs, the Q3 received some minor updates for 2016, including a new grille, fascia, bumpers taillights and wheels. The starting manufacturer's suggested retail price, including destination...

  • *Russia's Sechin floats idea of oil output cuts. NEW YORK, Feb 10- Oil prices seesawed in choppy trade on Wednesday, with U.S. crude slipping and Brent paring gains as worries about a global supply glut offset data showing a surprise drop in U.S. crude stockpiles. OPEC data pointed to a larger oil supply surplus on the world market this year than previously thought, as...

  • The figure was revealed by HBO CEO Richard Plepler in a conference call following the release of parent Time Warner Inc.' s quarterly earnings results. Stifel analyst Benjamin Mogil said 3.2 percent gain in HBO subscriber revenue came below the 4.7 percent Wall Street expected. Revenue at Time Warner also fell 6 percent to $7.08 billion, below the $7.55 billion...

  • NEW YORK— Professional racecar driver Scott Tucker has been charged in a payday lending operation offering quick cash over the Internet to desperate people. Authorities said Tucker was arrested Wednesday in Kansas City, Kansas, on charges in an indictment unsealed in federal court in New York City. In 2012, the Federal Trade Commission sued Tucker in Nevada...

  • *China markets closed for Lunar New Year, to reopen Monday. LONDON, Feb 10- Copper slid to a two-week low on Wednesday, pressured by a stronger dollar as Federal Reserve Chair Janet Yellen pointed to the prospect for further gradual adjustments to monetary policy. She cited global risks such as falling stock prices and uncertainty over China, but said there was good...

  • BUENOS AIRES, Feb 10- Argentine banks are gearing up for a potential lending boom that could push depressed private credit demand to a 16- year high, bolstered by the reforms undertaken by newly-elected President Mauricio Macri. An end to the 14- year standoff between Argentina and the lenders who refused to participate in the earlier debt restructuring could...

  • Feb 10- The National Retail Federation said it expects U.S. retail industry sales to increase 3.1 percent in 2016, helped by employment growth and "steady" consumer confidence. "Wage stagnation is easing, jobs are being created and consumer confidence remains steady," NRF Chief Executive Matthew Shay said in a report. "Lower gas prices are creating more...

  • WINNIPEG, Manitoba, Feb 10- Canada's second-biggest dairy, Agropur Cooperative, said it is looking to grow in the United States, possibly through acquisitions, in the face of an expected erosion of its market share at home due to recent international trade deals. Dairies from Europe, New Zealand, the United States and other countries will gain access to 5.5 percent...

  • LONDON/ NEW YORK Feb 10- Swiss bank UBS AG is looking at the relative pay of men and women in its investment banking arm as part of its compensation review, and is taking steps to close any significant gaps, sources familiar with the matter said. The move comes as UBS, along with other Wall Street banks, looks to curb the high number of female employees who leave.

  • USDA also said on Tuesday global wheat supplies would reach record levels this year due to falling consumption in China and India. "Wheat, corn and soybeans are still burdened by the forecasts of large global supplies made by the USDA monthly report on Tuesday," said Frank Rijkers, agrifood economist at ABN AMRO Bank. "But markets have been moving in and out of...

  • WASHINGTON, Feb 10- Government tests show some specific types of laminate flooring made by Lumber Liquidators Holdings LLC could cause irritation and breathing problems, a federal report released on Wednesday showed. The U.S. Consumer Product Safety Commission, which is investigating the issue and made the report public, asked the federal Centers for...

  • WASHINGTON, Feb 10- Federal Reserve Chair Janet Yellen said on Wednesday that the U.S. central bank is analyzing the prospect of negative interest rates in the spirit of prudent planning, but it is not a preferred option. She told a committee of lawmakers in Congress that given the implementation of negative rates by the Bank of Japan and the European Central Bank...

  • "This is probably the most obvious product launch ever," said Alex Macedo, president of Burger King North America. The move comes as Burger King works to push up sales amid intensifying competition, with McDonald's offering breakfast items all day to spark a turnaround, while Wendy's offers a "4 for $4" deal to get customers in the door. Parent company Restaurant...

  • WASHINGTON, Feb 10- Tightening financial conditions and uncertainty over China pose risks to the U.S. recovery, but chances are slim the Federal Reserve would need to reverse the rate tightening cycle it began in December, Fed Chair Janet Yellen told U.S. lawmakers on Wednesday. Financial conditions overall have tightened, driven by falling stock prices,...

  • *Russia's Sechin floats idea of oil output cuts. NEW YORK, Feb 10 (Reuters)- U.S. oil prices fell on Wednesday, reversing an early rally, and Brent also pared gains as worries about the global supply glut offset encouraging U.S. government data showing a surprise drop in domestic crude stockpiles. "We believe there's been short covering on the headline and we feel we...