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  • *DUKE ENERGY SAYS DAM BREACHED AT PLANT IN NORTH CAROLINA; COAL ASH MAY BE FLOWING INTO CAPE FEAR RIVER- AP Further company coverage:.

  • DUKE ENERGY SAYS DAM BREACHED AT PLANT IN NORTH CAROLINA; COAL ASH MAY BE FLOWING INTO CAPE FEAR RIVER- AP.

  • Sept 21- The S&P 500 and Dow Jones Industrial Average touched record highs for a second session running on Friday, helped by a boost for energy stocks from higher oil prices as changes to Wall Street industry sectors index spurred volatility. Eight of the 11 major S&P sectors gained ground with the S&P energy sector rising 0.58 percent led by Chevron and Exxon...

  • *British crime agency investigating UK- registered firms. COPENHAGEN/ LONDON, Sept 21- Danske Bank's money laundering scandal spread on Friday to Britain where the National Crime Agency said it is investigating the use of UK- registered companies. Britain's NCA said it was "aware of the use of UK registered companies in this case and has related on-going...

  • SAN JUAN, Puerto Rico— A federal control board overseeing Puerto Rico's finances has finalized a debt-restructuring deal that represents nearly a quarter of the U.S. territory's $70 billion public debt load. The board said Friday that the deal will be presented next month to a federal judge assigned to Puerto Rico's bankruptcy case. Puerto Rico is in a 12- year...

  • ST. LOUIS— The St. Louis- based coal company Peabody Energy has agreed to purchase Shoal Creek metallurgical coal mine from Drummond Co. Inc. for $400 million. The Shoal Creek mine is on the Black Warrior River in central Alabama and serves Asian and European steel mills. The Shoal Creek mine was developed in 1994 and employs about 400 people.

  • The row has erupted amid heightened debate about user privacy and how technology firms treat data in India and abroad. India is developing a new data protection law which could force companies to change how they transfer or store customer data. Dilip Asbe, the chief of the NPCI which oversees the payments services in India, declined to comment.

  • Sept 21- Apple Inc's latest iPhones use components made by Micron Technology and Toshiba among others, according to a firm that cracked open iPhone XS and XS Max. Among the first detailed teardowns of the phones since their launch on September, the study by repair firm iFixit did not list any parts from Samsung and, as expected, no chips from Qualcomm Inc..

  • NEW YORK, Sept 21- Sterling plummeted on Friday, driving the U.S. dollar up, after British Prime Minister Theresa May said the European Union must supply an alternative Brexit proposal, saying talks had reached an impasse after the bloc's leaders had rejected her plans without fully explaining why. At a summit in Austria on Thursday, EU leaders said they would push...

  • LONDON, Sept 21- Gold prices fell more than 1 percent on Friday as the dollar firmed on persistent concerns about an escalating trade war between the United States and China in a week where both sides slapped new tariffs on each other's goods. China hopes the United States will show sincerity and take steps to correct its behaviour, its commerce ministry said on...

  • Sept 21- American International Group Inc said on Friday the insurer will acquire Glatfelter Insurance Group, a York, Pennsylvania- based insurance broker. AIG's latest move comes as Chief Executive Officer Brian Duperreault, who took charge last year, is trying to grow the insurer as part of a strategy for boosting its revenues. In July, AIG finalized its...

  • *May ups ante with EU after both sides warn of no-deal risks. LONDON, Sept 21- The British pound tumbled two cents against the dollar on Friday and headed for its biggest daily drop this year after Prime Minister Theresa May said Brexit talks with the European Union had reached an impasse and called for new proposals. "Either there is compromise or a no-deal but the...

  • LONDON— The insurance company for a Russian businessman who died near his home in London six years ago is urging a coroner to rule whether or not he was murdered using poison. Attorneys for Legal& General asked Judge Nicholas Hilliard on Friday to consider all possibilities following an inquest into the death of Alexander Perepilichnyy, who collapsed while...

  • RBS later on Friday said it had fixed the problems, which followed similar outages on Thursday that hit Barclays, the Co-operative Bank and fintech firm Cashplus. Lawmakers on Britain's Treasury Select Committee, in letters published on Friday, called on Barclays and RBS to explain what caused the problems and set out how they would compensate customers who...

  • NEW YORK, Sept 21- Distressed investor Marble Ridge Capital LP said in a letter to Neiman Marcus Group Ltd LLC that the luxury department store company may be in default after it moved its Mytheresa business into an entity owned by the retailer's private equity owners. "With management serving at their behest, these recent actions threaten the viability of a...

  • BONDHOLDER SAYS NEIMAN MARCUS GROUP LTD LLC MAY BE IN DEFAULT AFTER MOVING MYTHERESA BUSINESS TO SEPARATE COMPANY.

  • *S&P, Dow hit record highs for second straight session. Sept 21- The benchmark S&P 500 and the Dow Jones Industrial Average touched record highs on Friday, their second session in a row, boosted by gains in the technology and consumer discretionary sectors. McDonald's rose 2.1 percent after the company said it would raise its quarterly dividend by 15 percent to...

  • The OPEC monopoly must get prices down now! " Members of The Organization of the Petroleum Exporting Countries, who account for about one-third of global oil supplies, are scheduled to meet this weekend with non-members including Russia. The same coalition of OPEC and a few outsiders has limited production since January 2017 to bolster prices, but they agreed in...

  • Sept 21- Insurer American International Group Inc said on Friday that it will acquire Glatfelter Insurance Group, a York, Pennsylvania- based insurance broker and company. The privately owned Glatfelter provides services for specialty insurance and has underwriting capabilities that will help boost AIG's general insurance business, AIG said.

  • PROVIDENCE, R.I.— Two members of Congress are calling on Google to address concerns that YouTube might violate children's privacy. David Cicilline, a Rhode Island Democrat, and Rep. Jeff Fortenberry, a Nebraska Republican, sent a letter this week to Google CEO Sundar Pichai asking for more details about how the service collects data.