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Wires

  • NEW YORK, March 29- You know a case is momentous when a seemingly routine proposed briefing schedule turns into a hot dispute. On Monday, Ubers lawyers at Morrison& Foerster and Boies Schiller& Flexner filed a motion to compel arbitration of Waymos trade secrets and California unfair competition claims. According to Uber, the crux of Waymos case, filed in federal...

  • SCANA SAYS PREFERRED OPTION IS TO FINISH WESTINGHOUSE PLANTS.

  • LONDON, March 29- Prime Minister Theresa May formally began Britain's divorce from the European Union on Wednesday, declaring there was no turning back and ushering in a tortuous exit process that will test the bloc's cohesion and pitch her country into the unknown. In one of the most significant steps by a British leader since World War Two, May notified EU...

  • TORONTO, March 29- Although BlackBerry Ltd has extricated itself from the smartphone handsets that weighed on its recent fortunes, the Canadian firm faces a tough slog to convince skeptics it can return to its glory days through an enlarged software business. BlackBerry's enterprise-value-to-forward-revenue ratio is 3.14, according to Thomson Reuters...

  • SCANA CEO SAYS NEEDS 30- DAY PERIOD TO DETERMINE MOST PRUDENT PATH FORWARD.

  • SCANA CEO SAYS TO CONTINUE WESTINGHOUSE PROJECT WORK DURING A 30- DAY PERIOD OF EVALUATION.

  • *Saudi ups supply but stays below its OPEC output target. LONDON/ DUBAI, March 29- OPEC oil output is likely to fall for a third straight month in March, a Reuters survey found on Wednesday, as the United Arab Emirates made progress in trimming supplies while maintenance and unrest cut production in exempt nations Nigeria and Libya. In comments made to Reuters, OPEC...

  • March 29- Mylan NV said on Wednesday the U.S. Food and Drug Administration declined to approve its generic version of GlaxoSmithKline Plc's blockbuster Advair asthma treatment, but provided no details of the agency's concerns or how long the product might be delayed. Mylan said it received a so-called complete response letter from the FDA, which had been...

  • NEW DELHI/ WINNIPEG, March 29- India's competition regulator said the proposed merger of fertilizer producers Agrium Inc and Potash Corp of Saskatchewan Inc is likely to hurt competition, but the comments were not expected to prevent the merger. Neither Canadian company has a physical presence in India, but they supply potash to India through Canpotex Ltd,...

  • WASHINGTON, March 29- President Donald Trump plans to sign a repeal of Obama-era broadband privacy rules as a bigger fight looms over rules governing the openness of the internet, the White House said on Wednesday. Republicans in Congress on Tuesday narrowly passed the repeal of the privacy rules with no Democratic support and over the strong objections of...

  • March 29- Amazon.com Inc said on Wednesday it was moving staff out of its Quidsi nursery, beauty and pet products subsidiary after the business failed to turn a profit. "We have worked extremely hard for the past seven years to get Quidsi to be profitable, and unfortunately we have not been able to do so," an Amazon spokeswoman said in a statement.

  • AUSTIN, Texas— As courtroom twists go, this one is practically unheard-of: On the brink of bringing Texas' attorney general, Ken Paxton, to trial on felony securities fraud charges, the government's prosecutors are threatening to bail out of the case unless they get paid. Whether one of the biggest criminal cases in Texas finally goes before a jury is now in limbo...

  • *Financials falter, day after leading market rally. March 29- The benchmark S&P 500 edged up on Wednesday as the stronger energy sector and soaring shares of Vertex Pharmaceuticals offset declines in financial shares and investors began looking ahead to first-quarter earnings season. Investors have been assessing what the Republicans' failure to pass a...

  • NEW YORK, March 29- Investors hesitated to take more risk in the U.S. stock market, finding cover in bonds and outside their home market during the latest week, Investment Company Institute data showed on Wednesday. U.S.-based bond funds absorbed $13.2 billion, the most cash since June 2015 in a 13th straight week of inflows, during the week ended March 22, the trade...

  • NEW YORK/ LONDON, March 29- Gold edged up on Wednesday, hovering below Monday's one-month high as uncertainty about Brexit talks, French elections and U.S. "There are a lot of uncertainties regarding the Trump reflation trade after the failure last week to overhaul Obamacare, and uncertainty in Europe with French elections coming up and the official start today...

  • *S8 to go on sale on April 21. SEOUL/ NEW YORK- March 29- Samsung Electronics Co Ltd unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc after the embarrassing withdrawal of the fire-prone Note 7 s. They will go on sale on April 21.

  • MILAN/ PARIS, March 29- Vivendi is considering putting its chief executive Arnaud de Puyfontaine forward as Telecom Italia's next chairman, sources told Reuters, potentially aggravating concerns about the French group's growing influence over Italian companies. Giuseppe Recchi currently serves as the Italian phone group's chairman, while de Puyfontaine...

  • TORONTO, March 29- Ontario Teachers' Pension Plan, one of the world's biggest infrastructure investors, warned it could take more than 10 years for infrastructure investment plans by Canada and the United States to come to fruition. Canada hopes its planned' infrastructure bank' will facilitate billions of dollars of financing from private investors for...

  • FCC chairman Ajit Pai has said telecoms service providers exploited loopholes in the "Lifeline" program for their own gain and states should decide which companies provide the internet, mobile phone and fixed line services to poorer Americans. He said the agency would not defend prior FCC actions with regards the program in a case pending before the U.S. Court...

  • BOSTON— Santander has agreed to a nearly $26 million settlement with officials in two states over the bank's role in "unfair" subprime auto loans for thousands of consumers. Massachusetts Attorney General Maura Healey and Delaware Attorney General Matt Denn announced the settlement Wednesday with Boston- based Santander, which the officials called the...