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  • LOWER FED NORMALIZATION EXPECTATIONS REDUCES UPWARD PRESSURE ON U.S.

  • BLACKROCK CHIEF STRATEGIST FOR BONDS SAYS LOWER EXPECTATION OF FED HIKE FAVORS SHORT-END OF YIELD CURVE OVER LONG.

  • *China holiday subdues volumes, creates volatility. LONDON, Feb 11- Copper rose on Thursday as the dollar slipped, but fears for global growth sparked by worries about a potential financial crisis and uncertainty about demand in China curbed gains. "But there are a lot of uncertainties, from what's happening in China to the fact that everybody thinks the Fed made a...

  • STORRS, Conn.— The standard textbook for Fundamentals of General Chemistry I at the University of Connecticut has a list price of $303. For students who use the version professor Edward Neth is preparing for the fall semester, the cost will be zero. The movement has made rapid gains over the past year, often driven by students, such as UConn activists who sparked a...

  • A measure offered by Representative Peter DeFazio, top Democrat on the House Transportation and Infrastructure Committee, sought to protect the Federal Aviation Administration from funding disruptions and to address other issues that Republicans view as reasons for transferring air traffic control from the FAA to a new private, nonprofit corporation.

  • 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,...

  • Tesla's shares rose as much as 14 percent to $163.26 on Thursday morning, a day after Chief Executive Elon Musk promised that the company would start making money this year. While the company surprised investors with the strength of its vehicle sales forecast, some Wall Street analysts said the target was ambitious and that Tesla's cash burn rate remained a...

  • The virus often produces either no symptoms or mild ones like fever in adults, but an outbreak in Brazil has been linked to a rare birth defect that causes a newborn's heads to be smaller and brain development issues. Outbreaks also have been reported in parts of Africa, Southeast Asia, the Pacific Islands, and the Americas. Pest control companies in Texas are...

  • Feb 11- Avon Products Inc reported a bigger-than-expected drop in quarterly sales as it failed to revive demand for its cosmetics in Latin America, casting doubts over the company's ability to turn around without changing its business model. Avon is selling most of its North America business to Cerberus Capital, its biggest investor, after four years of...

  • CHICAGO, Feb 11- Bunge Ltd expects a challenging year in 2016 due to slumping U.S. farm exports and processing margins, Chief Executive Officer Soren Schroder said on Thursday, as the global grain trader reported a lower-than-expected quarterly profit. Demand for U.S. grain has declined as strength in the U.S. dollar and massive global supplies have increased...

  • 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....