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  • JUDGE THROWS OUT LAWSUIT AGAINST MERCEDES ALLEGING EMISSIONS FRAUD- COURT FILING.

  • President-elect Donald Trump sold all of his shares in companies in June, his transition team said on Tuesday, a move that likely raised substantial cash ahead of the presidential election and could now ease some concerns about potential conflicts of interest. Selling his shares would reduce some potential for conflicts for the Republican...

  • NEW YORK, Dec 6- Oil futures snapped a four-day rally on Tuesday on signs of higher output while the euro slipped from a three-week high ahead of a meeting of the European Central Bank on Thursday. Wall Street was boosted by financial and telecom stocks while U.S. The euro fell 0.5 percent to $1.071 as currency investors focused on the possibility the ECB may take a...

  • Dec 6- The California Environmental Protection Agency on Tuesday said Apple Inc agreed to pay $450,000 to settle state claims that it had mishandled hazardous electronic waste at facilities in Silicon Valley. Apple also agreed to increase inspections to settle allegations about facilities in Cupertino and Sunnyvale, the Agency's Department of Toxic...

  • CHICAGO, Dec 6- U.S. soybean futures rose on Tuesday with another round of export deals with China and concerns about dry weather in Argentina pushing prices higher, traders said. Chicago Board of Trade January soybean futures settled up 4-1/ 4 cents at $10.47-3/ 4 a bushel. The U.S. Agriculture Department on Tuesday morning said that private exporters reported the...

  • WASHINGTON, Dec 6- The chief executive of the U.S. Aerospace Industries Association urged President-elect Donald Trump on Tuesday to quickly nominate new board members to the U.S. Export-Import Bank to allow the export financing agency to resume functioning. Dave Melcher said billions of dollars worth of potential orders were in limbo because the agency's...

  • SAO PAULO, Dec 6- Oi SA Chief Executive Officer Marco Schroeder said on Tuesday that management plans to meet major creditor groups and potential bidders as early as next week, in a bid to accelerate efforts to help Brazil's No. 4 wireless carrier emerge from bankruptcy protection. Oi's 65.4 billion-real bankruptcy protection case, Brazil's biggest ever, was...

  • *OPEC, Russian oil output at record highs. *Saudi price war could undermine OPEC promise. NEW YORK, Dec 6- Oil prices on Tuesday ended lower for the first time in a week since OPEC agreed to cut output on growing skepticism that the cartel would be able to reduce supplies as data showed record high production in most major export regions.

  • BOSTON, Dec 6- Hedge fund manager Mick McGuire is taking his fight for change at casual restaurant chain Buffalo Wild Wings Inc directly to franchise owners, saying they could have better access to innovations and grow more if his ideas were implemented. The company's shares, down 0.5 percent at $169.95 in late afternoon trading on Tuesday, have risen 15 percent...

  • WASHINGTON— Experts and advocates are urging Congress to improve conditions for hundreds of foreign fishermen working in Hawaii's commercial fleet, following an Associated Press investigation that found the men have been confined to vessels for years without basic labor protections. Mark Lagon, a scholar at Georgetown University's Walsh School of...

  • BOSTON, Dec 6- Massachusetts, already a large investor in some of the world's biggest hedge funds, wants to hire an adviser to help find smaller managers that could improve the $63.2 billion state pension fund's risk and return profile. The Pension Reserves Investment Management Board on Tuesday voted to issue a request for proposals for advisers to assist in...

  • WASHINGTON, Dec 6- President-elect Donald Trump said on Tuesday that the head of Japanese telecoms and internet firm SoftBank Group Corp had agreed to invest $50 billion in the United States toward businesses and create 50,000 new jobs. Trump stopped in the lobby of Trump Tower in Manhattan, where he has been meeting with advisers and potential Cabinet picks,...

  • BRASILIA, Dec 6- Fears of a slower economic recovery in Brazil could pave the way for heftier rate cuts, the central bank said on Tuesday, clearly signaling more aggressive monetary easing ahead as the country's worst recession in memory worsens. In the minutes of that meeting, the bank said some members argued for a more aggressive rate cut given the slowdown in...

  • Dec 6- Wall Street edged higher on Tuesday as telecom stalwarts AT&T and Verizon gained and bank shares added to their torrid post-election rally. Financial shares have climbed 15 percent since the November 8 election, with the sector particularly seen benefiting as President-elect Donald Trump is expected to seek economic stimulus and reduce corporate...

  • The lawsuit, filed in U.S. District Court in Chicago, alleges that Personnel Staffing Group LLC used code words to distinguish races and to disguise racially guided decisions, including by using the Spanish word for "bilinguals" to refer to Hispanics. The lawsuit cites instances of alleged bias by one of its branch offices in the Chicago suburb of Cicero.

  • WASHINGTON— Alaska Airlines has won government approval to buy rival Virgin America after agreeing to reduce its flight-selling partnership with American Airlines. Seattle- based Alaska agreed to scale back a deal in which it and American sell seats on some of each other's flights and split the revenue. Alaska is the nation's sixth-biggest airline, and...

  • Dec 6- Blackstone Group LP Chairman and CEO Steve Schwarzman said on Tuesday he expected to see a "very substantial reversal of regulations of all types," for the financial sector, following Donald Trump's U.S. presidential election victory. Trump has pledged to dismantle the 2010 financial overhaul known as Dodd-Frank, and Republicans in Congress have already...

  • iTunes Movies U.S. charts for week ending December 4, 2016:. The Secret Life of Pets. Kubo and the Two Strings.

  • SAO PAULO, Dec 6- Oi SA Chief Executive Officer Marco Schroeder said on Tuesday that management plans to meet major creditor groups and some potential bidders as early as next week, in a bid to accelerate efforts to help Brazil's No. 4 wireless carrier emerge from bankruptcy protection. In an interview with Reuters, Schroeder said Oi's main shareholders and...