Wires

  • NEW YORK, Aug 30- U.S. "It's all about the Fed and it's also about the August jobs report this Friday," said Ninh Chung, head of investment strategy and portfolio management at SVB Asset Management in San Francisco. However, many are exercising caution ahead of Friday's print from the Labor Department as Fischer and other voters on the Federal Open Market Committee,...

  • LOS ANGELES— A judge has dismissed the key claims in a lawsuit alleging that headphone maker Beats Electronics duped one of its early partners before negotiating its $3 billion sale to Apple two years ago. The summary judgment issued late Monday by Los Angeles Superior Court Judge William Fahey resolves the core of a case that accused Beats co-founders Dr.

  • *Brussels, Washington seeking deal by end of Obama term. PARIS/ BRUSSELS, Aug 30- France cast serious doubt on Tuesday on the prospects of an EU free trade deal with the United States, adding to opposition within Germany and growing skepticism among Americans. Washington and Brussels are officially committed to sealing the Transatlantic Trade and Investment...

  • Aug 30- Canada's National Energy Board on Tuesday suspended Montreal hearings on TransCanada Corp's proposed Energy East pipeline for the rest of the week after protests disrupted the first day on Monday.

  • WINNIPEG, Manitoba/ WASHINGTON, Aug 30- Canada's Agrium Inc and Potash Corp of Saskatchewan Inc said on Tuesday they are in talks to merge, a deal that would create a fertilizer and farm retailing giant worth more than $25 billion but also trigger U.S. regulatory scrutiny. Potash Corp, the world's biggest crop nutrient company by capacity and Agrium, North...

  • NEW YORK, Aug 30- U.S. "It's all about the Fed and it's also about the August jobs report this Friday," said Ninh Chung, head of investment strategy and portfolio management at SVB Asset Management in San Francisco. However, many are exercising caution ahead of Friday's print from the Labor Department as Fischer and other voters on the Federal Open Market Committee,...

  • NEW YORK— Fifteen years after the Sept. 11th attacks, Lower Manhattan has been reborn. The revitalization of the city's downtown, powered by $30 billion in government and private investment, includes not just the reconstruction of the World Trade Center site, but also two new malls filled with upscale retailers, thousands of new hotel rooms and dozens of eateries...

  • Aug 30- A former Monsanto Co executive who tipped the U.S. Securities and Exchange Commission to accounting improprieties involving the company's top-selling Roundup product has been awarded more than $22 million from the agency's whistleblower program, the executive's lawyer said on Tuesday. The $22 million award- the agency's second largest under the...

  • ANCHORAGE, Alaska— With Alaska's fiscal crisis drying up funding for a number of state projects, officials hope a crowdfunding campaign will raise $50,000 toward shoring up a crumbling riverbank creeping toward century-old buildings at a state park. Alaska is among a growing list of governments and civic organizations across the country going that route as...

  • NEW YORK/ LONDON, Aug 30- Gold fell to a six-week low on Tuesday after Federal Reserve officials sounded a hawkish note on interest rates, boosting the dollar, while attention turned to U.S. payrolls data this week for further clues on the pace of rate hikes. Fed Chair Janet Yellen said on Friday the case for higher rates was strengthening, though she gave little...

  • HARRISBURG, Pa.— Members of the largest union in state government were close to approving a new contract Tuesday that would raise pay by 7.25 percent over three years and increase their contributions toward health insurance. Dave Fillman, executive director of American Federation of State, County and Municipal Employees Council 13, said its 183 locals have...

  • *Iran says on target to reach peak production. *Iraq commits to production freeze at Sept talks in Algeria. NEW YORK, Aug 30- Oil prices fell Tuesday, with Brent losing nearly 2 percent, as the dollar rallied and glut worries grew amid forecasts for higher U.S. crude stockpiles and Iran's remark that it was on target to reach peak production.

  • NEW YORK, Aug 30- The dollar rose to a three-week high against a basket of currencies, and a one-month high against the yen, on Tuesday as investors looked ahead to crucial jobs data this week for clues on when the Federal Reserve will next raise interest rates. Hawkish comments on Friday by Fed Chair Janet Yellen and Vice Chair Stanley Fischer increased...

  • Aug 30- The great stock buyback boom may be on the wane, undermined by falling company earnings. U.S. company stock buybacks are down 21 percent in the first seven months of 2016 compared to the same period a year earlier, according to TrimTabs Investment Research, a fall driven in part by five consecutive quarters of year-over-year earnings declines among S&P 500...

  • PHILADELPHIA— No clowning around: The first full-time, professional training school for circus artists in the United States is set to open in Philadelphia next year. Officials say America is home to over 200 recreational circus schools, but unlike in Europe and Canada, there aren't any certified professional schools where more experienced students can...

  • Aug 30- Uber Technologies Inc has plucked a top executive from retail giant Target to help lead the growing ride services company and reshape its image. Uber said on Tuesday it hired Jeff Jones, chief marketing officer for Target Corp, to oversee the bulk its global operations. Uber Chief Executive Travis Kalanick said in a blog post that he and Jones met in...

  • Nearly two-thirds of U.S. states had an increase in new businesses last year, as did a majority of the metropolitan areas studied by the Kauffman Foundation. The top five were Texas, Florida, California, New York and Colorado. The areas with the highest number of new companies were Austin, Texas; Miami, Los Angeles, San Francisco and Las Vegas.

  • SANTIAGO, Aug 30- Workers at Chilean state-owned miner Codelco's smallest copper mine began voting on Tuesday whether to accept a wage offer or go on strike, a potential headache for the company as it finds itself in a delicate financial position. Union leaders at the Salvador mine in Chile's arid north say they are opposed to the wage offer and complain that...

  • *Brussels, Washington seeking deal by end of Obama term. PARIS/ BRUSSELS, Aug 30- France cast serious doubt on Tuesday on the prospects of an EU free trade deal with the United States, adding to opposition within Germany just two months after their countries' leaders reaffirmed support for an accord. Washington and Brussels are officially committed to sealing the...

  • CHICAGO, Aug 30- A federal judge on Tuesday gave Caesars Entertainment Corp a five-week shield from $13 billion in lawsuits, capping a week of frantic court hearings as the casino group struggles to salvage a high-stakes debt-cutting plan for its bankrupt subsidiary. Judge Robert Gettleman said at an emergency court hearing in Chicago that he will decide on...