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Wires

  • NEW YORK— CNN says Anderson Cooper's Twitter account was hacked after a since-removed tweet from his handle called the president a "tool" and a "pathetic loser" following Democrat Doug Jones win in Alabama's Senate election. The cable network tweeted early Wednesday that "someone gained access" to Anderson's account and sent the tweet to the president.

  • NEW YORK, Dec 13- More than 1.07 million consumers selected 2018 Obamacare individual insurance plans on the HealthCare.gov website during the week ended Dec. 9, the U.S. government reported on Wednesday, indicating a pick up in the pace of enrollment as the Dec. 15 deadline nears. Of the consumers who signed up, 388,984 were new to the Obamacare individual...

  • KEEPING SCORE: The Standard& Poor's 500 index rose 6 points, or 0.2 percent, to 2,670 as of 10:06 a.m. Eastern Time. The Dow Jones industrial average gained 75 points, or 0.3 percent, to 24,579. The Nasdaq added 28 points, or 0.4 percent, to 6,890. The Russell 2000 index of smaller-company stocks picked up 7 points, or 0.5 percent, to 1,523. The S&P 500 and the Dow have...

  • PARIS, Dec 13- Sanofi's promising pipeline of experimental drugs can help it overcome setbacks including the low uptake of a new cholesterol treatment and concerns about a dengue vaccine, the French pharmaceuticals group said on Wednesday. The world's sixth largest drugmaker, battling to contain the fallout from a safety row in the Philippines over dengue...

  • NEW YORK, Dec 13- T-Mobile US Inc said on Wednesday it will launch a new television service in 2018 and acquire television technology company Layer3 TV Inc for an undisclosed amount as part of its plans.

  • *Britain's biggest pipeline likely to be shut for several weeks. It had settled down $1.35, or 2.1 percent, on Tuesday on a wave of profit-taking after the North Sea pipeline shutdown helped to send the global benchmark above $65 for the first time since mid-2015. Britain's biggest pipeline from its North Sea oil and gas fields is likely to be shut for several weeks...

  • RIO DE JANEIRO/ BRASILIA, Dec 13- Brazilian telecommunications firm Oi SA has reached a deal with two major creditor groups on a plan to recover the company from bankruptcy protection, in a major breakthrough for Latin America's largest ever in-court debt restructuring. The company said in a filing on Wednesday that the Ad Hoc Group of Oi Creditors and...

  • Credit expert John Ulzheimer warns that opening a new store card could hurt your credit score by:. Let's say you open a store card to get 20 percent off a $250 purchase. After the discount, your balance is $200.

  • TORONTO, Dec 13- Canada's main stock index hit a record high on Wednesday in a broad rally, boosted by gains for financial stocks, miners, and railways while energy companies weighed. *At 9:49 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 44.61 points, or 0.28 percent, at 16,158.64. *Small marijuana company CannaRoyalty Corp jumped 3.8 percent...

  • *FOMC statement to be issued at 2:00 p.m. ET. Dec 13- Wall Street indexes advanced on Wednesday as technology stocks gained and traders took positions, overlooking concerns of benign inflation ahead of a likely interest rate hike by the Federal Reserve later in the day. S&P futures dipped 0.3 percent overnight on reports of Democrat Doug Jones winning a bitter...

  • *Policy statement due at 2 p.m. EST. WASHINGTON, Dec 13- The Federal Reserve is widely expected to raise interest rates on Wednesday, but, more significantly, it may give its strongest hint yet on how the Trump administration's tax overhaul could affect the U.S. economy. Her successor, Fed Governor Jerome Powell, said at his recent confirmation hearing before a Senate...

  • BERLIN— Germany's Lufthansa says it has withdrawn its bid for the Niki division of bankrupt Air Berlin as it tries to secure European Union approval for its planned takeover of much of what was once the country's second-biggest airline. Air Berlin ended operations in late October, though Austria- based Niki continued flying. Germany's biggest airline,...

  • Dec 13- London- listed 3 i Infrastructure Plc said on Wednesday it had agreed to sell its stake in Finnish power company Elenia Oy to Allianz Capital Partners, Australian infrastructure investor Macquarie and the State Pension Fund of Finland. The Macquarie and Allianz consortium beat competition from China Southern Power Grid and a group of investors...

  • MIRAMAR, Fla.— Spirit Airlines Inc. says CEO Robert Fornaro will step down in January 2019 and be replaced by the company's current chief financial officer, Ted Christie. Before that he led AirTran Airways until it was bought by Southwest Airlines. In morning trading Wednesday, the shares were down 3 cents to $43.30.

  • CHICAGO— Grain futures were higher Wednesday in early trading on the Chicago Board of Trade. Wheat for March delivery was up 2.20 cents at $4.13 a bushel; Dec corn higher. 60 cent 3.3640 a bushel; March oats lost 1 cents at $2.4240 a bushel while January soybeans was 4 cents higher at $9.7960 a bushel. December live cattle was up. 35 cent at $1.1650 a pound; January feeder...

  • DAR ES SALAAM, Dec 13- Tanzanian president John Magufuli ordered the central bank on Wednesday to tighten controls on the movement of hard currency and take swift action against failing banks in a bid to tackle financial crimes and protect the local shilling currency. The move comes as the International Monetary Fund called on Tanzania to speed up reforms and...

  • Stocks are opening higher on Wall Street as technology companies post solid gains. Hard drive maker Western Digital gained 3 percent after it resolved a dispute with its partner Toshiba over Toshiba's plan to sell its flash memory business. Finisar climbed 27 percent after Apple said it will invest $390 million in the fiber optic component supplier so it can...

  • TORONTO, Dec 13- Canada's main stock index hit an all-time high in early trade on Wednesday, boosted by broad gains led by its heavyweight financial and natural resources sectors. The Toronto Stock Exchange's S&P/TSX composite index was up as much as 52.57 points, or 0.3 percent, at 16,166.60 shortly after the open. Nine of its 10 main sectors were higher.

  • HONG KONG, Dec 13- China's HNA Group said on Wednesday a U.S. lawsuit against the company and its Beijing- based unit Pactera Technology International Ltd over a failed acquisition was "baseless and without merit". U.S. software engineering firm Ness Technologies has sued HNA, accusing it of failing to adequately answer questions about its ownership in a U.S....

  • Dec 13- Wall Street opened higher on Wednesday on gains in technology stocks while investors awaited the Federal Reserve's decision on an interest rate hike due later in the day. The Dow Jones Industrial Average rose 19.73 points, or 0.08 percent, to 24,524.53. The S&P 500 gained 2.78 points, or 0.10435 percent, to 2,666.89.