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Wires

  • CHICAGO, March 27- A cadre of U.S. lawmakers and food safety advocates are pressuring the federal government to join other nations blocking shipments of raw beef from Brazil in the face of a scandal in that country's meatpacking sector. The United States has already started testing all beef from Brazil for pathogens. A box of meat imported from Brazil now would be...

  • WASHINGTON, March 27- The White House will take a lead role in crafting legislation to overhaul the U.S. tax code, eyeing an August target date as President Donald Trump seeks his first legislative victory following the failure last week of a long-promised bill to undo Obamacare. The White House said on Monday it was moving ahead with tax reform, calling it a "huge...

  • The Dakota Access pipeline developer said Monday that it has placed oil in the pipeline under a Missouri River reservoir in North Dakota and that it's preparing to put the pipeline into service. Dallas- based Energy Transfer Partners made the announcement in a brief court filing with an appeals court in Washington, D.C. The announcement marks a significant...

  • A Russian bank under Western economic sanctions over Russia's incursion into Ukraine discloses that its executives had met Jared Kushner, Trump's son-in-law and a top White House adviser, during the 2016 election campaign. Kushner, already a White House senior adviser, will take on the additional task of overseeing an effort to overhaul the federal...

  • JOHANNESBURG, March 28- Finance Minister Pravin Gordhan is set to return to South Africa early on Tuesday after being ordered home from London by President Jacob Zuma, hours before a court hearing over the closure of accounts belonging to friends of the president. Zuma's order on Monday that Gordhan return "immediately" from a roadshow for investors in Britain...

  • LONDON, March 28- The number of people seeking help from a leading British debt advice service hit a record high last year, reflecting a surge in borrowing by consumers and the financial strains on younger workers, the charity said on Tuesday. Last year 600,000 people sought advice from StepChange for debt problems, up 9 percent from 2015.. Borrowing by consumers...

  • Chief Executive Craig Kreeger put the impact on profits of Britain's decision to leave the European Union at around 50 million pounds after the carrier reported a 2 percent increase in underlying pretax profit for 2016 to 23 million pounds. Virgin Atlantic, which is owned by founder Richard Branson's Virgin Group with 51 percent and U.S. carrier Delta Air...

  • WASHINGTON— Energy Secretary Rick Perry has toured the site of the failed nuclear waste dump at Nevada's Yucca Mountain, his first visit to an Energy Department site since taking over the department. Perry's visit comes less than two weeks after President Donald Trump proposed $120 million to restart a licensing process for the site in the desert outside Las...

  • CHICAGO, March 27- Georgia has confirmed its first-ever case of bird flu in commercial poultry, its agriculture department said on Monday, widening an outbreak of the disease into the United States' biggest chicken meat-producing state. The discovery came after officials in Alabama, Kentucky and Tennessee confirmed cases of highly pathogenic, or lethal, and...

  • SIOUX FALLS, S.D. _ Raven Industries Inc. on Monday reported fiscal fourth-quarter net income of $4.4 million. Raven Industries shares have climbed 18 percent since the beginning of the year. Keywords: Raven Industries, Earnings Report.

  • BEIJING _ ChinaCache International Holdings Ltd. on Monday reported a loss of $22.3 million in its fourth quarter. On a per-share basis, the Beijing- based company said it had a loss of 80 cents. Chinacache expects full-year revenue in the range of $170 million to $178.6 million.

  • TRENTON, N.J.— New Jersey's credit rating has been downgraded for an 11th time under Republican Gov. The state has increased pension contributions since 2012, but Moody's says they're still below recommended levels and that unfunded pension obligations are growing. Moody's says the cuts will reduce revenue by $1.1 billion by the 2021 fiscal year and strain...

  • The sci-fi thriller "Life," starring Jake Gyllenhaal and Ryan Reynolds opened in fourth place, behind "Kong: Skull Island," with a middling $12.5 million, while the big screen take on "CHIPS" only managed to bring in $7.7 million in its first weekend in theaters for a seventh place start. 3. "Kong: Skull Island," Warner Bros., $14,670,653, 3,666 locations, $4,002 average,...

  • March 27- A lawyer defending Platinum Partners founder Mark Nordlicht against fraud charges said on Monday an FBI agent who admitted to leaking to the press on an insider trading probe of sports gambler William "Billy" Walters may also have leaked about Platinum. District Judge Dora Irizarry, lawyer William Burck said he planned to file a motion related to the...

  • TRIPOLI, March 27- Libya's National Oil Corporation said on Monday it had asked the U.N.-backed government in Tripoli to withdraw a resolution that seeks to allocate powers over the oil sector. "I have asked the Presidential Council to withdraw its recent resolution," NOC Chairman Mustafa Sanalla said in a statement on Monday. The Presidential Council, the...

  • BRASILIA, March 27- The board of Brazilian miner Vale elected as chief executive Fabio Schvartsman, who currently heads wood pulp and paper producer Klabin SA, the company said in a securities filing on Monday.

  • March 27- Uber Technologies Inc put its self-driving cars back on the road on Monday, voicing confidence in its autonomous vehicle program three days after one of its cars was involved in a crash in Tempe, Arizona. Uber wrapped up a brief investigation and cleared its autonomous cars to resume driving in the three cities where it operates a self-driving pilot...

  • NEW YORK, March 27- New Jersey's credit rating was cut on Monday, affecting $37 billion of debt, the 11th time Wall Street has downgraded the state's bonds since Governor Chris Christie took office in January 2010. His fiscal 2018 budget proposal last month included a $2.5 billion contribution to the state's retirement system for public employees, a $647 million...

  • VANCOUVER, British Columbia _ Turquoise Hill Resources Ltd. on Monday reported fourth-quarter earnings of $93.3 million. The Vancouver, British Columbia- based company said it had profit of 5 cents per share. Keywords: Turquoise Hill Resources, Earnings Report.

  • MOSCOW, March 27- Russia's biggest bank Sberbank is selling its subsidiary in Ukraine to a consortium of investors, which include Norvik Bank and a Belarussian private company, Sberbank said in a statement on Monday. Ukraine recently imposed sanctions on Sberbank and other Russian state-owned banks operating in Ukraine as part of a broader flare-up in...