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  • US DOLLAR GAINS AGAINST JAPANESE YEN TO U.S.

  • Long-term U.S. mortgage rates edged higher this week for a second straight week.

  • July 28- TransCanada Corp, Canada's second-largest pipeline company, reported on Thursday a slightly higher-than-expected quarterly profit, and said the process of seeking buyers for the sale of some of its assets was well under way. The Calgary- based company is marketing an up to 49.9 percent stake in a package of six Mexico pipelines, excluding the recently...

  • ALBANY, N.Y.— In a story July 27 about energy proposals in New York, The Associated Press misidentified the name of an environmental organization. It is the Natural Resources Defense Council, not the National Resources Defense Council. ALBANY, N.Y.— New York state committed last year to generating half of its energy from renewable sources by the year 2030..

  • PARIS, July 28- The board of French EDF on Thursday gave the go-ahead for the state-controlled utility's controversial project to build two nuclear reactors in Hinkley Point, Britain, a source familiar with the situation told Reuters. If Magnin had not resigned and had voted against Hinkley Point, the Hinkley Point project would have been approved with a 10-8...

  • SAN JOSE, Calif.— Court documents show Facebook has agreed to allow users to request refunds of in-app purchases made by minors as part of a settlement of a class-action lawsuit. Under the settlement approved by a California federal court in May, Facebook agreed to add an option for requesting an in-app purchase refund on the grounds that it was made by a minor.

  • NEW YORK, July 28- Fitch Ratings upgraded more U.S. public sector debt than it downgraded during the second quarter with a significant increase in upgrades in part because of a change in criteria for how it reviews tax-supported credits, the firm said in a report on Thursday. There were 83 upgrades versus 43 downgrades in the quarter, Fitch said.

  • SAO PAULO, July 28- Shares in Banco Bradesco SA sank on Thursday as a grimmer outlook for loan-loss provisions this year reignited concerns that a harsh recession and a deluge of refinancing requests may hamper profits at Brazil's No. 3 listed lender. The Osasco, Brazil- based bank earned recurring net income of 4.161 billion reais last quarter, below the...

  • July 28- Chipotle Mexican Grill Inc on Thursday said it will open its first "Tasty Made" hamburger restaurant this fall in Lancaster, Ohio. The burrito seller's newest chain will serve only hamburgers, french fries and milkshakes, a recipe that has worked well for California's beloved In-N-Out Burger chain that consistently gets high marks from diners.

  • HOUSTON, July 28- Improved fracking techniques have helped cut Pioneer Natural Resources Co's production costs in the Permian Basin to about $2 a barrel, low enough to compete with oil rival Saudi Arabia, CEO Scott Sheffield said on Thursday. The comments from Sheffield, who is retiring soon, were perhaps the most concrete sign yet that the fittest U.S. shale oil...

  • VANCOUVER, British Columbia _ CRH Medical Corp. on Thursday reported second-quarter net income of $1.3 million, after reporting a loss in the same period a year earlier. The Vancouver, British Columbia- based company said it had profit of 2 cents per share. Keywords: CRH Medical, Earnings Report.

  • PARIS, July 28- The board of French EDF on Thursday gave the go-ahead for the state-controlled utility's controversial project to build two nuclear reactors in Hinkley Point, Britain, a source familiar with the situation told Reuters. The source said that following the resignation of board member Gerard Magnin in protest over EDF's strategy ahead of the...

  • PORTSMOUTH, Va. _ TowneBank on Thursday reported second-quarter earnings of $6.3 million. The bank, based in Portsmouth, Virginia, said it had earnings of 12 cents per share. TowneBank shares have risen 10 percent since the beginning of the year.

  • July 28- Cameco Corp, the world's No.2 uranium producer, reported a surprise quarterly loss due to weak uranium demand and prices, sending its shares down 7 percent to touching a nearly 12- year low of C $12.87. The company reported a net loss attributable to shareholders of C $137 million, or 35 Canadian cents per share, for the quarter ended June 30.

  • LONDON, July 28- Morgan Stanley and Italian lenders UniCredit and Intesa SanPaolo have rebuffed a proposal by Italy's third-largest lender, Banca Monte dei Paschi di Siena, to back its proposed 5 billion euro cash call, a source familiar with the matter told Reuters. The troubled lender is trying to pull together a banking consortium to guarantee its proposed...

  • July 28- The S&P 500 index and the Dow edged lower on Thursday as investors fretted about weak economic data and disappointing earnings from Ford. The carmaker reported weak China sales and declared that the U.S. auto industry's long recovery was at an end, triggering a 9.6 percent fall in its shares. A report by the U.S. Labor Department showed that the number of...

  • July 28- A Massachusetts judge on Thursday rejected Sumner Redstone's bid to quickly end a case that will likely determine the future of the media mogul's holdings, marking a victory for Viacom Inc Chief Executive Philippe Dauman. Dauman and Abrams filed a lawsuit in Massachusetts, where the trust was established, contesting their removal from the trust and...

  • NEW YORK— You'd be wrong to think that Facebook's Messenger app is all about messaging. Although people typically install it on their phones to chat privately with their Facebook friends, Facebook also uses Messenger to bring features and capabilities that might not make sense, or even be possible, as part of the main Facebook service. And of course, a separate app...

  • LONDON/ MILAN, July 28 (Reuters)- European shares fell on Thursday with Lloyds leading a weaker financial sector lower and disappointing earning updates from firms including oil major Royal Dutch Shell also weighing. Lloyds fell 5.8 percent after the British bank warned of a likely drop in demand caused by Britain's vote last month to quit the European Union,...

  • DETROIT, July 28- Ford Motor Co reported weaker-than-expected profit in the second quarter and declared that the U.S. auto industry's long recovery was at an end, sending its stock and those of other auto companies tumbling. Ford shares slumped nearly 10 percent in morning trading on Thursday, after Chief Financial Officer Bob Shanks told reporters the U.S....