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Wires

  • SAN FRANCISCO, Aug 23- A short seller's allegations that PetMed Express markets pet medicine to human opioid addicts are "bogus," PetMed Chief Financial Officer Bruce Rosenbloom told Reuters on Wednesday. PetMed's stock slumped 17 percent on Wednesday following the release of a report by Aurelius Value, which said it has shorted the shares.

  • RYAN SAYS HE AND TRUMP COMPLETELY AGREE ON NEED FOR PHYSICAL BARRIER ON THE BORDER.

  • RYAN SAYS CAN'T IMAGINE SENATE WILL BE ABLE TO PROCESS APPROPRIATIONS BILLS AS QUICKLY AS HOUSE DOES.

  • RYAN SAYS CONGRESS IS GOING TO NEED MORE TIME TO COMPLETE APPROPRIATIONS PROCESS, PARTICULARLY IN SENATE.

  • North Dakota's Agriculture Department has issued a plea for truckers to haul donated hay from other states for a hay lottery program for ranchers in the Dakotas and Montana. North Dakota Agriculture Commissioner Doug Goehring says the majority of donated hay is in nearby states, but donations also have been offered from as far as Maryland, Tennessee and Texas.

  • HOUSE SPEAKER PAUL RYAN SAYS DOESN'T THINK A GOVERNMENT SHUTDOWN IS NECESSARY AND MOST PEOPLE DON'T WANT IT.

  • LONDON, Aug 23- The UK's financial sector is seeking an "ambitious" trade pact between Britain and the European Union to try to prevent a costly shift of jobs and business to the continent once the country leaves the bloc, according to a draft report seen by Reuters. Unless Britain negotiates new trading relations with the EU, banks, insurers and fund managers in...

  • WASHINGTON— Just a week into talks to rewrite the North American Free Trade Agreement, President Donald Trump is already threatening to abandon the 23- year-old pact with Canada and Mexico. Mexico and Canada are trusted trade partners to the U.S., and, as a result, we are strong national security partners. NAFTA erased most trade barriers separating the U.S., Canada...

  • *Investors await Jackson Hole speeches by Yellen, Draghi. NEW YORK/ JOHANNESBURG, Aug 23- Gold prices edged up on Wednesday, drawing support from political uncertainty in the United States and the weak dollar before a major central banking conference there this week. "Gold's kind of hanging in there before this Jackson Hole meeting.

  • SEOUL, Aug 24- Samsung Electronics Co Ltd set out to wipe the slate clean in New York on Wednesday with the new Galaxy Note 8 phablet, hoping features like dual rear cameras and its biggest-ever screen will extinguish memories of its fire-prone predecessor. Analysts said brisk sales of that device indicate recovery in Samsung's standing after battery fires...

  • NEW YORK, Aug 23- A divided federal appeals court on Wednesday upheld the insider trading conviction of Mathew Martoma, a former portfolio manager for billionaire Steven A. Cohen's SAC Capital Advisors LP, after the U.S. Supreme Court made such cases easier to pursue. The 2nd U.S. Circuit Court of Appeals in Manhattan found "overwhelming" evidence that a Michigan...

  • WASHINGTON, Aug 23- New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest in seven months amid a surge in prices, raising concerns of a slowdown in the housing market recovery. "The third-quarter sales data are starting out significantly below the second-quarter average, and many other housing reports have also shown some recent...

  • CHICAGO, Aug 23- U.S. soyoil prices jumped 1.8 percent on Wednesday while biomass-based diesel fuel credits also gained on expectations for increased demand for domestic supplies after Washington imposed duties on Argentine and Indonesian biodiesel imports. Argentine biofuel producers threatened to halt exports to the United States after the U.S....

  • WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.. WASHINGTON— National Association of Realtors releases existing home sales for July, 10 a.m..

  • BOSTON, Aug 23- Massachusetts' attorney general on Wednesday sued one of the largest federal student loan servicers in the United States, accusing it of undermining a program that forgives borrowers' debts if they work in public service for 10 years. Massachusetts Attorney General Maura Healey filed the lawsuit against Pennsylvania Higher Education...

  • Public health and consumer groups applauded the move, which is not as strict as the company's policy for the United States, where already for a year suppliers have provided the chain with chickens raised without antibiotics deemed important to human health. In January 2018, HPCIAs will be gone from McDonald's chickens in Brazil, Canada, Japan, South Korea, the...

  • EDINBURGH, Aug 23- Scotland's budget deficit narrowed in the year to March but, potentially hampering arguments for Scottish independence, the gap remained more than triple the size of that for the United Kingdom as whole. The data were not a prediction of the economy in an independent Scotland, she said, but acknowledged that were Scotland to secede public...

  • NEW YORK, Aug 23- Venezuela bonds fell on Wednesday following a report the U.S. government was considering a ban on trading in the country's debt, with some securities touching their lowest in 18 months. The U.S. government recently slapped additional sanctions on Venezuela due to the creation of the legislative superbody, known as the constituent assembly,...

  • WASHINGTON, Aug 23- American Express will end up paying $96 million to credit card customers in Puerto Rico and other U.S. territories for charging higher interest rates and engaging in other discriminatory practices, federal regulators said on Wednesday. The U.S. Consumer Financial Protection Bureau announced that more than 200,000 consumers at two of the...

  • Aug 23- U.S. stocks were lower in early afternoon trading on Wednesday after President Donald Trump warned of a government shutdown to secure funds to build the Mexico border wall, adding to nerves as the deadline to raise the U.S. debt ceiling looms. Wall Street analysts estimate Congress has just 12 working days when it returns from its summer recess on Sept. 5 to...