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Wires

  • CARACAS, July 23- Defying pressure from abroad and at home, Venezuela's President Nicolas Maduro said on Sunday that a controversial election would go ahead next weekend for a new congress his foes fear will institutionalize dictatorship. Venezuela's opposition has been protesting in the streets since April against the unpopular Maduro whom they accuse of...

  • WASHINGTON, July 23- Prospects for tighter monetary policy in Europe and other countries could pose a fresh problem for the Federal Reserve when it meets next week to ponder its plan to reduce its $4.2 trillion bond portfolio purchased after the 2008 financial crisis. But at its June meeting this year, as well as raising interest rates for the third time in six...

  • CARACAS, July 23- Defying pressure from abroad and at home, Venezuela's President Nicolas Maduro said on Sunday that an election would go ahead next weekend for a controversial new congress his foes fear will institutionalize dictatorship. Venezuela's opposition has been protesting in the streets since April against the unpopular Maduro whom they accuse...

  • July 23- Private equity firm KKR& Co LLP is nearing an all-cash deal to acquire WebMD Health Corp, a U.S. online health publisher with a market capitalization of $2.1 billion, people familiar with the matter said on Sunday. The deal would bring under one roof WebMD's websites, such as WebMD.com, Medscape.com and MedicineNet.com, with those owned by another KKR...

  • NEW YORK, July 23- Shares of Leucadia National Corp stand to rise about 15 percent as some of the conglomerate's key holdings bounce back, according to a Barron's article published on Sunday. The bump could come as investment bank Jefferies Group LLC, which Leucadia bought in 2012, rebounds from a slump in oil prices and related bonds that hit the firm's...

  • CAMARILLO, Calif.— The average price of a gallon of regular-grade gasoline rose about a penny nationally over the past two weeks, to $2.32. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the slight increase comes after 11 weeks of decline. Gas in Reno, Nevada, was the most expensive in the contiguous United States at an average of $2.99 a...

  • CARACAS, July 23- Defying pressure from abroad and at home, Venezuela's President Nicolas Maduro said on Sunday that an election would go ahead next weekend for a controversial new congress his foes say will institutionalize dictatorship. Venezuela's opposition has been protesting in the streets since April against the unpopular Maduro whom they accuse of...

  • CARACAS, July 23- Defying pressure from abroad and at home, Venezuela's President Nicolas Maduro said on Sunday that an election would go ahead next weekend for a controversial new congress his foes say will institutionalize dictatorship. "The imperial right wing believes it can give orders to Venezuela, the only ones who give orders here are the people," Maduro...

  • WASHINGTON, July 23- U.S. Republican Senate leaders aim to hold a procedural vote as early as Tuesday to take up legislation to repeal or replace Obamacare, but it remained unclear which version of the bill senators would vote on. President Donald Trump and congressional Republicans campaigned on a pledge to roll back former President Barack Obama's signature...

  • NEW YORK, July 21- Optimism is souring around small-cap stocks for some investors, with a host of factors conspiring to up-end gains that have taken them to record highs. Small-caps, which led the market's rally just after the Nov. 8 election of Donald Trump as U.S. president, are facing weak earnings forecasts, little progress on tax reform and recent outflows.

  • Christopher Nolan's World War II epic brought in an estimated $50.5 million to easily top the charts, according to Warner Bros., while the raucous comedy "Girls Trip" broke the R-rated comedy slump of 2017 with $30.4 million to take second place. "We're beyond thrilled with this exceptional achievement for' Dunkirk,'" said Jeff Goldstein, who heads distribution for...

  • LOS ANGELES, July 23- "Dunkirk" and "Girls Trip" are opening above expectations at the domestic box office, while "Valerian and the City of a Thousand Planets" looks like a huge flop. Christopher Nolan's World War II film from Warner Bros. is flying past earlier projections to a $50.5 million opening weekend from 3,720 locations. "We're absolutely thrilled with this...

  • HONOLULU— A high-rise fire recently claimed the lives of three people in Honolulu, and the apartment building where the blaze broke out had no fire sprinklers. Residential high-rise buildings must install sprinkler systems if the building undergoes significant renovations, according to the city Department of Buildings. For older high-rise buildings, most...

  • BMW said it rejected accusations its diesel cars with Euro 6 engines do not provide adequate exhaust treatment because the AdBlue tanks- that inject urea solution as part of the process- are too small. It said its technology combined AdBlue tanks with catalytic converters to lower harmful nitrogen oxide concentrations, fulfilling all requirements and...

  • Broth and soup maker Pacific Foods is being bought by Campbell Soup for $700 million, the latest example of a big packaged food maker acquiring a smaller maker of products that are seen as fresher or more wholesome. Though Campbell introduced some organic soups under its own name in 2015, it says Oregon- based Pacific Foods is more of a leader in that area.

  • The Hamilton-Middletown Journal-News reports the water will be canned at the MillerCoors Trenton, Ohio, brewery over the next three years in a partnership with the American Red Cross. Red Cross officials say clean drinking water is one of the most urgent needs after a disaster because normal supplies are often contaminated or inaccessible.

  • FRANKFURT, July 23- German carmaker BMW on Sunday rejected media reports that the emissions treatment systems in its vehicles did not work effectively and that it colluded with rivals on their design and prices. Der Spiegel magazine reported on Friday that BMW, VW, Audi and Porsche may have colluded to fix the prices and designs of diesel emissions treatment...

  • HONOLULU— When Moon Yun Pellerin's parents bought a 27th- floor apartment in a high-rise overlooking Waikiki about 15 years ago, they didn't realize the wave-shaped building had no fire sprinklers. The Marco Polo Apartments were built in 1971, before sprinklers became mandatory for new construction in Honolulu. Many— including New York, Chicago, Dallas and San...

  • NEW YORK— A battle between two New York billionaires has been holding up a plan to replace a crumbling pier on Manhattan's Hudson River waterfront with an avant-garde park on pilings rising above the riverbed. Proponents and opponents of the $250 million project plan to meet Monday to try and reach a settlement that would avoid more legal action in a conflict...

  • SAO PAULO, July 23- A trading firm owned by Agriculture Minister Blairo Maggi's family has been the biggest winner from Brazil's corn subsidies this year, underscoring the tensions between the billionaire farm magnate's political responsibilities and his investments. Traders say Brazil's centre-right government raised eyebrows with a decision to start...