Wires

  • Sept 29- Chipmaker Qualcomm Inc is in talks to buy NXP Semiconductors NV in a deal that could be valued at more than $30 billion, the Wall Street Journal reported. San Diego- based Qualcomm and Netherlands- based NXP did not immediately respond to requests for comment. NXP shares were up 17.7 percent at $96.67 in afternoon trading on Thursday, while Qualcomm's were...

  • Sept 29- Agricultural Bank of China, one of the country's top four banks, has been ordered by the Federal Reserve to improve its safeguards against money laundering, the U.S. central bank said on Thursday, citing "significant deficiencies" in the New York branch. The Fed gave the Chinese state-owned bank, known as AgBank, 60 days to come up with a comprehensive plan to...

  • SACRAMENTO, Calif.— The Latest on California's private sector retirement bill:. California's governor is approving legislation that will automatically enroll millions of private-sector workers in retirement savings accounts. California's governor is preparing to sign a bill to automatically enroll millions of private-sector workers in retirement...

  • PARIS, Sept 29- French luxury and sports group Kering has appointed former Hugo Boss Chief Executive Claus-Dietrich Lahrs as the new head of its Italian leather goods maker Bottega Veneta, it said on Thursday, confirming an earlier Reuters report. Bottega Veneta is now Kering's top problem after the group succeeded in turning around Gucci much faster than many...

  • PHILADELPHIA— The Philadelphia area's commuter rail service will resume a normal schedule Monday, three months after a third of its coaches were sidelined due to defects in their suspension systems. The Southeastern Pennsylvania Transportation Authority said Thursday that more than 50 of the 120 cars sent to the repair shop will be available for service...

  • FRANKFURT, Sept 29- A Tesla car whose driver said he was using the "Autopilot" driving assistance system crashed into a bus on a motorway in northern Germany on Wednesday, police in the German town of Ratzeburg said on Thursday. Tesla's Autopilot, introduced last October, has been the focus of intense scrutiny since it was revealed in July that a Tesla Model S driver...

  • Sept 29- Chipmaker Qualcomm Inc is in talks to buy NXP Semiconductors NV in a deal that could value NXP at more than $30 billion, CNBC reported, citing Dow Jones. Qualcomm and NXP could not be reached immediately. NXP shares are up 15.4 percent at $95.00 in early afternoon trading on Thursday, while Qualcomm's were up 3.5 percent at $65.72.

  • Wells Fargo was ordered to pay $190 million in fines and restitution this month after regulators said its high-pressure sales environment led to the opening of as many as 2 million customer accounts that customers may not have authorized. Wells Fargo spokeswoman Richele Messick declined to comment on the employees' allegations but said the bank "takes...

  • WASHINGTON/ NEW YORK, Sept 29- Wells Fargo& Co chief John Stumpf's second trip to Capitol Hill on Thursday went no better than his first as lawmakers from both parties angrily rebuked him for the handling of sales abuses and said the bank has damaged customer trust as well as the broader banking system. Representative Mick Mulvaney, a South Carolina Republican,...

  • Sept 29- Dunkin' Brands Group Inc said its donut chain will partner with Coca-Cola Co to launch a line of cold coffee beverages in the United States, its first foray into the ready-to-drink coffee market. The Dunkin' Donuts chain operator said the beverages, set to launch in early 2017, will be manufactured, distributed and sold by Coca-Cola. The bottled iced...

  • Jeffrey Pearlman, 49, was charged in a criminal complaint filed in federal court in New Haven, Connecticut, becoming the latest individual to face prosecution in connection with probes involving Insys' drug Subsys.

  • SAO PAULO, Sept 29- The Colombian peso jumped on Thursday on optimism that OPEC's plan to cut oil output for the first time in eight years could support crude prices. Other Latin American markets were mixed on Thursday after reacting to OPEC's decision the day before, when Colombia's currency market was closed. Brazil's Bovespa stock index fell 0.7 percent,...

  • BISMARCK, N.D.— In a story Sept. 23 about the purchase of a ranch near the site of a pipeline protest in North Dakota, The Associated Press reported erroneously that the purchase by Dallas- based Energy Transfer Partners is exempt from the state's law against corporate-owned farms. North Dakota's attorney general has asked Energy Transfer to explain how the land...

  • EX-INSYS THERAPEUTICS INC EMPLOYEE ARRESTED, ACCUSED OF KICKBACK SCHEME INVOLVING FENTANYL DRUG: U.S.

  • FORMER INSYS DISTRICT SALES MANAGER JEFFREY PEARLMAN ARRESTED ON CHARGES FILED IN CONNECTICUT FEDERAL COURT.

  • FRESNO, Calif.— California is moving to ban farmers from spraying pesticides into the air near schools and day care centers under a newly proposed rule that will be among the nation's toughest, regulators told The Associated Press on Thursday. Crop dusters flying over fields, air-blasters spraying orchards and fumigants that risk blowing onto campuses will no...

  • *Fed Chair Janet Yellen to speak at 4:00 p.m. ET. Sept 29- Wall Street was lower in choppy trading late Thursday morning after two straight days of gains, pulled lower by Apple and healthcare stocks. The stock was the biggest drag on Wall Street.

  • WASHINGTON, Sept 29- U.S. lawmakers on Thursday expressed doubts about Sept. 11 legislation they forced on President Barack Obama, saying the new law allowing lawsuits against Saudi Arabia could be narrowed to ease concerns about its effect on Americans abroad. A day after a rare overwhelming rejection of a presidential veto, the first of Obama's eight years in...

  • LONDON, Sept 29- A $24- billion deal to build Britain's first new nuclear power station in decades was signed behind closed doors in London on Thursday in a private ceremony that underlined Prime Minister Theresa May's cautious approach to the Franco-Chinese project. Journalists were not invited to the event but the government said the contract had been...

  • Silicon Valley is diving into artificial intelligence and machine learning research, an industry estimated to zoom to $70 billion by 2020 from just $8.2 billion in 2013, according to a Bank of America report that cited IDC research. The new unit- Microsoft AI and Research Group- will be headed by Harry Shum, a company veteran who has held senior roles at the...