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  • WASHINGTON— Orders to U.S. factories posted a modest gain in July, helped by the biggest rise in motor vehicles orders in a year and a solid gain in a category that tracks business investment plans. Factory orders rose 0.4 percent in July, the Commerce Department reported Wednesday. U.S. manufacturers must contend with a number of headwinds including a sharp...

  • WASHINGTON, Sept 2- New orders for U.S. factory goods rose for a second straight month in July on strong demand for automobiles, which could help to keep manufacturing supported as it deals with a strong dollar and softening global demand. The Commerce Department said on Wednesday new orders for manufactured goods increased 0.4 percent after an upwardly...

  • LONDON, Sept 2- Rebekah Brooks, the Rupert Murdoch protegee cleared last year of criminal wrongdoing in one of the biggest media scandals to hit Britain, will return to her old job running News Corp's British newspaper arm next week. Brooks, who worked her way up from the bottom of Murdoch's media empire to become one of the most influential people in Britain, quit as...

  • BONN, Germany, Sept 2- National plans for limiting greenhouse gas emissions fall short of tough action needed to slow climate change under a United Nations agreement due in Paris in December, European researchers said on Wednesday. The national plans are meant as the building blocks of a Paris accord due to be reached at a summit from Nov. 30 to Dec. 11.

  • Sept 2- U.S. stocks opened up almost 1 percent on Wednesday, rebounding from steep losses a day earlier, after fresh intervention from China to support its markets helped calm jittery investors and oil prices reversed course to trade higher.

  • Sept 1- Gilead Sciences Inc said on Wednesday its experimental fixed-dose combination treatment for HIV proved as effective in a late-stage study as the company's widely used Truvada combo pill but with significantly less loss of bone mineral density and kidney function. Gilead shares were up 1.6 percent to $102.88 in morning trading on the Nasdaq,...

  • LONDON, Sept 2- Rebekah Brooks, the Rupert Murdoch protegee cleared last year of overseeing widespread phone-hacking by her reporters for tabloid scoops, will return to her old job running News Corp's British newspaper arm next week. Brooks, who was caught up in one of the biggest political scandals to hit Britain in recent years, stood down from her role as chief...

  • BRASILIA, Sept 2- Brazil is likely to halt one of the world's most aggressive rate-hiking cycles on Wednesday, sparing more suffering to a contracting economy despite fears a deepening fiscal crisis could keep inflation high. Still, President Dilma Rousseff's inability to plug a widening fiscal deficit that threatens Brazil's investment-grade rating is...

  • NEWS CORP ANNOUNCES LEADERSHIP CHANGES AT NEWS UK, REBEKAH BROOKS NAMED CHIEF EXECUTIVE OFFICER.

  • NEW YORK, Sept 2- Bond guru Bill Gross, who has long called for the Federal Reserve to raise interest rates, said on Wednesday that U.S. central bankers may have missed their window of opportunity to hike rates earlier this year and doing so now could create "self-inflicted" instability. In his September Investment Outlook report, Gross wrote that his concept of a...

  • *Private employers add 190,000 jobs in August. *Productivity revised up to 3.3 percent rate in Q2. WASHINGTON, Sept 2- U.S. private employers added fewer-than-expected workers in August, but the labor market momentum likely remains strong enough for the Federal Reserve to consider an interest rate hike this year.

  • CAIRO, Sept 2- The discovery of the Zohr natural gas field off Egypt will not undermine private-sector negotiations about buying gas from Israel, Egypt's petroleum minister said, playing down fears that potential deals could be under threat. The find raised concerns in Israel's gas industry that its Leviathan field would lose a deal to supply gas to a liquefied...

  • Sept 2- The U.S. Food and Drug Administration approved Tesaro Inc's treatment for chemotherapy-induced nausea and vomiting in adults, the company said on Wednesday. The drug, known chemically as rolapitant, was approved in combination with other agents to prevent delayed nausea and vomiting associated with some forms of chemotherapy, Tesaro said.

  • Denali, the Alaska mountain formerly known Mount McKinley, is now officially 10 feet shorter, measuring 20,310 feet at its highest point, the U.S. Geological Survey announced Wednesday. The climb to gather the data began June 15 and involved one climber from the University of Alaska Fairbanks and three climbers from the private survey company CompassData Inc.,...

  • NEW YORK— Amazon's futuristic "Dash" buttons appear here to stay. And for every $4.99 button customers buy, they'll get a $4.99 credit back into their account. Daniel Rausch, director of product management, said Amazon has been "learning a lot" from the way customers have been using the buttons.

  • BERLIN, Sept 2- China's Huawei Technologies unveiled a new smartphone on Wednesday, taking aim at the high end of the market, which is dominated by Apple and Samsung Electronics. The Mate S, launched on the sidelines of Europe's biggest consumer electronics show, IFA, in Berlin, has a 5.5- inch display, a 13 mega pixel rear camera and fingerprint security.

  • NEW YORK, Sept 2- Millennials get plenty of recognition for frugality and their desire to share everything from cars to clothes, but they also have the lowest average credit score of any generation, according to a new study. "Millennials are misunderstanding, or are simply unaware of, the benefits of credit cards," says Sean McQuay, NerdWallet's resident credit card...

  • BRASILIA, Sept 2- Brazilian industrial output sank at a much steeper pace than expected in July, portraying a deeper recession after a string of interest rate increases, tax hikes and spending cuts by President Dilma Rousseff's government. Industrial production in Brazil fell 1.5 percent in July from June, the sharpest rate of decline since the beginning of the...

  • SAN JUAN, Puerto Rico— Puerto Rico's power company said Wednesday it reached an agreement with a group of bondholders to restructure a troubled agency that holds more than $9 billion in debt, providing some relief to investors who believed it soon would go bankrupt. The agreement is expected to reduce the power company's debt by about $670 million, as well as save...