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  • NEW YORK— The CEO of adultery website Ashley Madison is stepping down in the wake of the massive breach of the company's computer systems and outing of millions of its members. Avid Life Media Inc., Ashley Madison's parent company, says Noel Biderman's departure was a mutual decision and in the best interest of the company. Ashley Madison, whose slogan is "Life is...

  • LONDON, Aug 28- Russia's Proton carrier rockets resumed flight on Friday with the successful launch from Kazakhstan of one transporting a satellite for British company Inmarsat after the failure of a mission in May. Inmarsat's launch slot from the Baikonur Cosmodrome was delayed by the failure of an identical Russian-built Proton rocket carrying a Mexican...

  • TORONTO, Aug 28- Noel Biderman, the chief executive of infidelity website Ashley Madison's parent company, has left the company effective immediately, Avid Life Media said on Friday.

  • LONDON, Aug 28-- Copper prices extended a rally on Friday after the stock market in China recovered for a second day, but gains were capped due to continued worries about oversupply. "We are confident that not all short sales of metals in China have been already covered," said Commerzbank in a note. Copper shot up 4.2 percent on Thursday, lifted by a bounce in global stock...

  • ASHLEY MADISON SAYS NOEL BIDERMAN IS STEPPING DOWN AS CHIEF EXECUTIVE OFFICER OF AVID LIFE MEDIA INC AND IS NO LONGER WITH THE COMPANY.

  • Aug 28- BNY Mellon Corp's computer glitch this week disrupted pricing on nearly 5 percent of U.S. mutual funds and exchange-traded funds, according to data from Morningstar Inc and Lipper Inc.. BNY Mellon said on Friday it still does not know when the problems with mutual fund pricing will be fixed. An accounting system BNY Mellon uses to calculate fund values...

  • NEW YORK, Aug 28- U.S. consumer sentiment fell in August, a survey released on Friday showed. The University of Michigan's final August reading on the overall index on consumer sentiment came in at 91.9, down from 93.1 in July. It was lower than the survey's preliminary reading of 92.9.

  • PROVIDENCE, R.I.— The state agency that owns the waterfront land where the Pawtucket Red Sox want to build a stadium racked up nearly $150,000 by mid-July in legal and consulting fees to review the proposal, according to documents obtained by The Associated Press through a records request. As of July 15, the I-195 Redevelopment District Commission had been...

  • JACKSON HOLE, Wyo., Aug 28- Recent market turmoil should not delay the Federal Reserve from raising interest rates at least once, given that the global equities selloff and China's economic slowdown have had little effect on the U.S. economy, a top Fed official said on Friday. Market volatility has sowed doubts over the timing of the rates "liftoff," particularly...

  • Aug 28- Charles Schwab Corp said that customer access to online accounts was restored on Friday morning, just minutes before U.S. stock markets opened for trading. Earlier, the company said access to accounts and online trading platforms were unavailable. Earlier in the week, discount brokers Scottrade Inc and TD Ameritrade reported some order processing...

  • *Freeport-McMoRan jumps after Icahn discloses stake. Aug 28- Wall Street opened lower on Friday, suggesting investors were wary of taking big positions into the weekend after days of tumultuous trading that featured both the market's worst day in four years and biggest two-day gain since the financial crisis. "A lot of investors are looking for markets to calm...

  • *Europe bourses in 2015: http://link.reuters.com/pap87v. LONDON, Aug 28- European shares eased back on Friday, having already recouped nearly all their losses from a bruising eight percent drop earlier this week, with markets cooling off despite hopes of more help from central banks. Fears of a slowdown in global economic growth, which intensified after China...

  • *Bashneft, Gazprom Neft grow Q2 profits in rouble terms. *Lukoil's dollar profits down, will switch reporting to roubles. On Friday, Bashneft, a medium-sized Russian oil producer, posted a 13 percent increase in second quarter net profit to 17.9 billion roubles, following strong results by Gazprom Neft earlier this month.

  • BRACKENRIDGE, Pa.— The United Steelworkers union planned to six rallies for workers locked out of Allegheny Technologies Inc. plants in western Pennsylvania and five other states. Industry analysts say that's a precursor to a tax on employee health plans that's set to take effect in 2018 under the Affordable Care Act championed by President Barack Obama.

  • Aug 28- Charles Schwab Corp's online trading platforms were temporarily unavailable, a spokesman for the brokerage firm said on Friday morning. The spokesman did not elaborate on the cause of the problem, and a customer service representative in Denver said Schwab did not have an estimate of when online access would be restored. Earlier in the week, discount...

  • Aug 28- Wall Street opened lower on Friday, suggesting investors were wary of taking big positions into the weekend after days of tumultuous trading that featured both the market's worst day in four years and biggest two-day gain since the financial crisis.

  • LONDON/ BOSTON, Aug 28- Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging the companies in which they invest, with a lack of clarity from the businesses themselves compounding the problem. "I don't see any visible stand asset managers are taking, like they do on other social responsibility...

  • BNY MELLON'S COMPUTER GLITCH DISRUPTED PRICING ON NEARLY 5 PCT OF U.S.

  • LONDON, Aug 28- Raghad al Sous braved bombings in Syria to keep studying at school before fleeing in 2013 to rejoin her mother, who had been granted refugee status in Britain. Across Europe, employers have largely welcomed a stream of young and often well-educated foreign workers who are helping to offset the ageing of the population. The situation is less clear...

  • BEIJING, Aug 28- From ballistic missiles to fighter jets, China has rolled out a host of high-tech weaponry ahead of a parade next week commemorating victory over Japan in World War Two, in a signal of Beijing's growing confidence in its military might. China has poured capital into developing its home-grown weapons industry with an eye toward export markets as...