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  • BALTIMORE— A lawyer representing three former employees of celebrity chef Bryan Voltaggio says they're settling their federal lawsuit alleging wage violations. Baltimore attorney Benjamin Davis declined to discuss terms of the settlement revealed in a U.S. District Court document Thursday. The former line cooks filed the lawsuit in September,...

  • NEW YORK, Feb 11- Stock indexes worldwide tumbled on Thursday on fears over the health of the global economy, with banking shares slumping on both sides of the Atlantic, while safe-haven 10- year Treasury yields hit their lowest since 2012.. The U.S. dollar slid to its lowest against the safe-haven yen since October 2014 of 110.985 yen, and was on track for its worst...

  • WASHINGTON, Feb 11- U.S. House of Representatives Speaker Paul Ryan said on Thursday he does not see enough support to bring the Trans-Pacific Partnership up for a vote in the chamber, adding that the Obama administration must do more to persuade lawmakers to accept the trade deal.

  • BOSTON— A federal jury has rejected claims by a group of Massachusetts smokers who sued Philip Morris USA to try to force the cigarette maker to pay for lung cancer screenings. Instead they wanted Philip Morris to pay for a medical-monitoring program, including three-dimensional chest scans that can detect signs of early-stage lung cancer.

  • *4th- qtr adj profit $0.58/ shr vs est $0.66/ shr. "This acquisition is game changing for us," Time Chief Executive Joe Ripp said in a statement. Time, whose stable includes Sports Illustrated, People, Fortune and Time magazine, said Viant is expected to add about $100 million to its digital advertising revenue this year.

  • CHICAGO, Feb 11- U.S. soybean futures rose 1.1 percent on Thursday as the U.S. Agriculture Department's report of stronger-than-expected exports spurred a round of short-covering, traders said. "All things considered, we still have some demand," said Bill Gentry, a broker at Risk Management Commodities in Chicago. At 10:35 a.m. CST Chicago Board of Trade March...

  • It does, and the company that owns the once-ubiquitous social network is being bought by Time Inc. to help the magazine publisher target ads. News Corp. sold the company to Justin Timberlake and other investors in 2011 for $35 million. Time Inc. will not say what it paid.

  • WASHINGTON, Feb 11- Federal Reserve Chair Janet Yellen said on Thursday that it is still uncertain when energy prices and the dollar will stabilize. "It's hard to predict exactly when that will be and there can be and have been surprises," Yellen told a committee of lawmakers in Congress. Low oil prices and the strong dollar have both put downward pressure on...

  • NEW YORK— If we are indeed in the midst of a recession— and we won't know we're in one until well after it's begun— stocks likely still have a long way to go down. Worries are high that the sharp slowdown in China's growth, falling U.S. corporate profits and other downward pressures will pull the economy back into a recession. Stocks have lost an average of 33 percent from...

  • Feb 11- The U.S. Securities and Exchange Commission is investigating whether Boeing Co properly accounted for the costs and expected sales of two of its best known jetliners, Bloomberg reported on Thursday. The investigation involves Boeing's projection of long-term profitability for its 787 Dreamliner and 747 jumbo aircraft, Bloomberg said, citing people...

  • WASHINGTON, Feb 11- Federal Reserve Chair Janet Yellen returned to Capitol Hill with a brave face on Thursday amid a worsening meltdown on global stock markets and growing skepticism the U.S. central bank can carry out its long-planned pivot to "normal" monetary policy. Yellen, testifying before the Senate Banking Committee, stressed the bright spots in the U.S....

  • BRUSSELS— Though Portugal has received conditional approval for its budget from the European Commission, the eurozone's top official and Germany both warned the country not to miss the bloc's deficit targets. German Finance Minister Wolfgang Schaeuble said that straying from the path of fiscal rigor "would be very dangerous for Portugal."

  • WASHINGTON— Federal Reserve Chair Janet Yellen is cautioning that global economic developments have created risks for the U.S. economy but says it's too early to know whether those risks are severe enough to alter the course of the Fed's interest-rate policies. Yellen says the Fed will determine at its next meeting in March how much economic weakness and...

  • Industry figures show the number of traders employed in Europe at the top 10 foreign exchange banks is down 30 percent over the last three years. Figures from the Bank of England and New York Federal Reserve last month showed that trading volume has fallen to its lowest level in three years. According to financial industry analytics data firm Coalition, the top...

  • *EU Commission says no bias against U.S. companies. Treasury Secretary Jack Lew called on the European Union to reconsider tax probes targeting U.S. companies on Thursday, arguing that such moves represented disturbing precedents. Lew made the plea in a letter to European Commission President Jean-Claude Juncker and EU antitrust chief Margrethe Vestager, a...

  • LONDON— Britain's health secretary has taken the unusual step of opting to impose a new contract on junior doctors after failing to strike a deal with thousands of medical professionals in England. He said the government was motivated by concerns that the National Health Service's standard of care on the weekends was "too low." Outraged at Hunt's decision, the...

  • *Iran offers crude to Asia at discount to Saudi Arabia. *Goldman sees U.S. crude at $20- $40 until second half of 2016. On Wednesday, U.S. government data showed Cushing inventories hit all-time highs just shy of 65 million barrels during the week ended Feb. 5.

  • *Boeing slumps on report of SEC probe. Feb 11- Wall Street was off more than 1 percent on Thursday, pushing the S&P 500 and the Dow Jones industrial average down 10 percent for the year, as investors jettisoned stocks and scurried toward safer shores. Federal Reserve Chair Janet Yellen stuck to her guns on her return to Capitol Hill on Thursday, saying a weakened...

  • The feature, introduced in 2014 in the United States and UK, allows travelers to book a hotel directly from the company's website instead of being directed to a third-party booking site. Hotel shoppers are increasingly returning to TripAdvisor to complete a booking that was previously attempted but abandoned, "Chief Financial Officer Ernst Teunissen said on...

  • NEW YORK— A building owner and four others have been indicted on charges that include manslaughter in connection with a gas explosion last year that killed two people and leveled three New York City buildings. Manhattan District Attorney Cyrus R. Vance Jr. and other officials said Thursday that the charges also include criminally negligent homicide and...