Wires

  • SAO PAULO, Sept 26- Latin American stocks mostly fell on Monday as traders favored caution following a volatile week and ahead of a much anticipated U.S. presidential debate. But Boston Fed President Eric Rosengren said on Friday he believed rates should rise now, increasing investors' confusion over the outlook for U.S. monetary policy. The Nov. 8 U.S....

  • TORONTO, Sept 26- Rogers Communications Inc will incur third-quarter losses of between C $100 million to C $140 million as its joint-venture Shomi video streaming service is shut down, the Canadian company said on Monday. Rogers said in a statement that Shomi, a venture whose plans it announced in August 2014 with fellow Canadian company Shaw Communications...

  • NEW YORK, Sept 26- Perry Capital, the hedge fund firm founded by Richard Perry and Paul Leff in 1988, plans to wind down its main hedge funds, according to a letter sent to investors on Monday and seen by Reuters. "Although I continue to believe very strongly in our investments, process and team, the industry and market headwinds against us have been strong, and the...

  • LABOR DEPARTMENT ALLEGATIONS OF BIAS AGAINST ASIAN JOB APPLICANTS, INTENDS TO "VIGOROUSLY DEFEND" AGAINST THE LAWSUIT.

  • WASHINGTON, Sept 26- U.S. Labor Department Secretary Thomas Perez on Monday pledged to conduct a "top-to-bottom" review of all cases, complaints and other alleged violations that the department has received concerning Wells Fargo in recent years. Perez's announcement, outlined in a Sept. 26 letter to Senator Elizabeth Warren of Massachusetts, comes after...

  • Rice Energy shares slid 4.2 percent to $26 in after market trading after it said it would pay about $1.02 billion in cash, issue about 39.1 mln shares worth about $980 million and assume about $700 million in debt. The deal follows others this month by EOG Resources Inc, which is buying privately-held Yates Petroleum Corp for $2.5 billion, and Enbridge of Canada's...

  • NEW YORK— In a story Sept. 23 about online reviews, The Associated Press used incorrect style for the name of Yelp, the company that runs an online review website. NEW YORK— It is a double-edged cybersword: a negative review of a restaurant or other business, posted for the world to see. Jeff Gates, who co-owns eight restaurants in the Boston area, says online reviews give...

  • SAN FRANCISCO, Sept 26- The U.S. Department of Labor on Monday filed an administrative lawsuit against Palantir Technologies, alleging the data analytics and security company systematically discriminated against Asian job applicants. It raised $880 million in funding late last year, for a $20 billion valuation, and is considered one of Silicon Valley's most...

  • MINNEAPOLIS, Sept 26- The Federal Reserve made the "right move" in deciding last week to leave interest rates unchanged, a top Fed official said on Monday, because inflation remains low and more workers are returning to the labor force. "That to me suggests we have time before we need to adjust rates," Minneapolis Fed President Neel Kashkari told reporters after a...

  • SAN FRANCISCO, Sept 26- Tesla Motors Co and a U.S. subsidiary of Swiss auto supplier Hoerbiger have agreed to settle a lawsuit filed by the electric car maker over problems with a proposed hydraulics system for the luxury Model X's "falcon wing" doors, court records show. Tesla and Hoerbiger have delayed filing for a dismissal because certain conditions of the...

  • SAO PAULO, Sept 26- Brazilian mining company Samarco Mineração SA, which suspended operations in November after a fatal dam disaster, did not make an interest payment on a $500 million bond that was due on Monday, according to the Bank of New York Mellon, the trustee.

  • WASHINGTON, Sept 26- U.S. Labor Department Secretary Thomas Perez on Monday pledged to conduct a "top-to-bottom" review of all cases, complaints and other alleged violations that the department has received concerning Wells Fargo in recent years.

  • *Canadian dollar ends at C $1.3237, or 75.55 U.S. cents. The Canadian dollar settled at C $1.3237 to the greenback, or 75.55 U.S. cents, weaker than Friday's close of C $1.3171, or 75.92 U.S. cents. Talk that the Bank of Canada was more inclined to ease monetary policy than tighten it was revived after Friday's data showed Canada's annual inflation rate in August dipped...

  • DETROIT— Highway gas mileage estimates for about one-third of all new vehicles sold in the U.S. will fall by one mile per gallon because the government has changed the way it calculates the numbers on the window sticker. The change, which begins with the 2017 model year, comes largely because people are loading up cars with more options such as heated seats that use...

  • BRAZILIAN MINING VENTURE SAMARCO DID NOT MAKE INTEREST PAYMENT ON $500 MLN 2024 BOND DUE ON MONDAY, TRUSTEE BANK SAYS.

  • BUENOS AIRES, Sept 26- Argentina's central bank will continue to set its policy rate on a weekly basis in 2017 but will no longer tie the rate to short-term Lebac securities, central bank chief Federico Sturzenegger said on Monday. The bank is seeking to contain inflation that economists see at around 40 percent in 2016, also a priority of center-right President...

  • TORONTO, Sept 26- Canada's benchmark stock index fell in a broad retreat on Monday, tracking U.S. indexes lower as investors took a cautious turn ahead of the first U.S. presidential debate and as energy shares failed to move higher with a bounce in crude oil prices. The three main Wall Street indexes all shed at least 0.85 percent, as investors focused on how...

  • NEW YORK, Sept 26- A federal appeals court on Monday cleared the way for American Express Co to block merchants that accept its cards from steering customers toward lower-cost cards from other issuers. The 2nd U.S. Circuit Court of Appeals in New York said a lower court judge in Brooklyn erred in February 2015 in finding that American Express' "anti-steering" rules...

  • NEW YORK— U.S. stocks slumped Monday, and banks took the biggest losses. Deutsche Bank hit an all-time low as investors worried about the financial health of Germany's largest bank. Pfizer pulled drugmakers down after it announced it won't break up into two companies.

  • BARNSLEY, Britain _ MAM Software Group Inc. on Monday reported fiscal fourth-quarter earnings of $1.4 million. On a per-share basis, the Barnsley, Britain- based company said it had net income of 12 cents. MAM Software shares have fallen 16 percent since the beginning of the year.