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  • SAN FRANCISCO, Feb 22- Several Microsoft Corp employees on Friday demanded that the company cancel a $480 million hardware contract with the U.S. Army and stop developing "any and all weapons technologies." Microsoft won a contract in November to supply the Army with at least 2,500 prototypes of augmented reality headsets, which digitally displays contextual...

  • Gavilon is part of a growing group of nontraditional grains traders challenging industry heavyweights in Brazil by using "asset-light" models that forgo investing in capital-intensive assets like port facilities or processing plants. The strategy has turned Gavilon into a top 10 soybean exporter in Brazil after only four years in operation.

  • TORONTO, Feb 22- The Canadian dollar strengthened to its highest in more than two weeks against the greenback on Friday, as hopes rose for a trade deal between the United States and China and as domestic data showed a lower-than-expected drop in retail sales. At 4:36 p.m., the Canadian dollar was. "It is less about the loonie and more about the U.S. dollar, generally...

  • *Soybeans inch up as U.S.- China trade optimism persists. *USDA secretary tweets China commits to buy U.S. soy. Agriculture Secretary Sonny Perdue said on Twitter that China, in a meeting at the White House, committed to buy an additional 10 million metric tons of U.S. soybeans.

  • Feb 22- Twitter Inc said on Friday one of its co-founders, Evan Williams, will be stepping down as a member of its board at the end of the month. Williams, who also announced the move in a series of tweets, is currently the chief executive officer of online publishing website Medium and had also served as the CEO of Twitter. "I'm very lucky to have served on the zTwitter...

  • RIO DE JANEIRO, Feb 22- A Brazilian federal court on Friday suspended negotiations for the tie-up of Brazilian aircraft maker Embraer SA and Boeing Co, according to a court document. The court issued an injunction suspending a Embraer shareholders meeting scheduled for Feb. 26 that would vote on whether to approve the terms already agreed upon by the two...

  • TWITTER INC- ON FEB 22, EVAN WILLIAMS DECIDED TO STEP DOWN AS MEMBER OF BOARD, EFFECTIVE AT THE END OF MONTH.

  • *Trump says good chance of U.S.- China trade deal. NEW YORK, Feb 22- The S&P 500 posted its highest closing level since Nov. 8 on Friday as investors clung to signs of progress in the ongoing trade talks between the United States and China. "People are expecting some sort of positive news on trade and tariffs with China fairly soon," said Peter Tuz, president of Chase...

  • WASHINGTON, Feb 22- Two top U.S. senators launched an investigation into rising insulin prices on Friday, sending letters to the three leading manufacturers seeking answers as to why the nearly 100- year-old drug's cost has rapidly risen, causing taxpayers to spend millions of dollars a year. Republican Senator Chuck Grassley, chairman of the Senate Finance...

  • Feb 22- China committed to buy an additional 10 million metric tons of U.S. soybeans in a meeting in the Oval Office on Friday, U.S. Beijing last year imposed tariffs on imports of U.S. agricultural goods, including soybeans, grain sorghum and pork, slashing shipments of American farm products to China. As of last Thursday, only 7.4 million tonnes of the most recent U.S....

  • NEW YORK, Feb 22- New York Governor Andrew Cuomo on Friday ordered two state agencies to investigate a media report that Facebook Inc may be accessing far more personal information from smartphone users, including health and other sensitive data, than had previously been known. The directive to New York's Department of State and Department of Financial...

  • BRASILIA, Feb 22- Brazil's Economy Ministry warned on Friday that the economy will slip into recession next year and official interest rates could more than double unless Congress approves measures to reduce the deficit in the country's pension system. The warning comes days after President Jair Bolsonaro presented his ambitious social security reform...

  • WASHINGTON, Feb 22- The U.S. Justice Department on Friday said it had filed complaints seeking forfeiture and recovery of approximately $38 million in assets associated with its 1 Malaysia Development Berhard- or 1 MDB- case, bringing the assets now subject to forfeiture to a total of about $1.7 billion. The complaints filed on Friday in California involve...

  • President Donald trump said on Friday he may or may not include Chinese telecommunications companies Huawei Technologies and ZTE Corp in the trade deal being negotiated between the United States and China. The Justice Department has charged Huawei and its chief financial officer with conspiring to violate U.S. sanctions on Iran by doing business through a...

  • WASHINGTON, Feb 22- The Trump administration will fall "a little under" its target of 3 percent annual growth of gross domestic product for 2018, the Federal Reserve said Friday in a report that offers an economic scorecard of sorts for the first full year of President Donald Trump's term. Though growth for the year was "solid," the Fed said, gross domestic product "...

  • Sinovac is seeking to defend itself against a group of shareholders, including investment firms 1 Globe Capital LLC, Chiangjia Li and OrbiMed Advisors LLC, which own 40 percent of the company. In the press release, which has not yet been made public, Sinovac said its board determined that 1 Globe Capital, Chiangjia Li and OrbiMed Advisors met the triggering...

  • Feb 22- China committed to buy an additional 10 million metric tons of U.S. soybeans in a meeting in the Oval Office on Friday, U.S. Agriculture Secretary Sonny Perdue said on Twitter. The commitments are a "show of good faith by the Chinese," Perdue said.

  • WASHINGTON, Feb 22- The U.S. Justice Department on Friday said it had filed complaints seeking forfeiture and recovery of approximately $38 million in assets associated with its 1 Malaysia Development Berhard, or 1 MDB, case, bringing the assets now subject to forfeiture to a total of approximately $1.7 billion. These new lawsuits target assets collected by...

  • S&P 500 POSTS HIGHEST CLOSING LEVEL SINCE NOV. 8.

  • NEW YORK, Feb 22- U.S. stocks climbed and the Dow and Nasdaq posted a ninth straight week of gains on Friday as investors clung to signs of progress in the ongoing trade talks between the United States and China.