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  • QUITO, Oct 19- Ecuador's state oil company Petroamazonas said it will issue some $350 million in bonds to repay part of its debts with oil services company Schlumberger as part of a wider deal that also includes other payment decisions. The company owes Schlumberger some $850 million. In November we will issue bonds for $350 million, " Alex Galarraga,...

  • SAN JUAN, Puerto Rico— One man climbs 24 flights of stairs several times a day alongside dormant elevators. Street vendors hawk plastic washboards for $20 at stoplights. This is life one month after Hurricane Maria slammed into the U.S. territory on Sept. 20 as a Category 4 storm.

  • NEW YORK— The selfie may soon have a new use— your bank could ask for one in order to approve your purchase or credit card application. Payment processing giant Visa is launching a platform to allow banks to integrate various types of biometrics— your fingerprint, face, voice, etc.— into approving credit card applications and payments. While a birthdate, Social...

  • LONDON, Oct 19- Chevron has temporarily suspended oil and gas drilling activity in Iraqi Kurdistan, the company said on Thursday, in the latest setback to the region following recent unrest. In September, Chevron drilled its first exploration well in Iraqi Kurdistan after a two-year break. "We remain in regular contact with the Kurdistan Regional Government.

  • LONDON, Oct 19- Chevron has temporarily suspended oil and gas drilling activity in Iraqi Kurdistan, the company said on Thursday, in the latest setback to the region following recent unrest. In September, Chevron drilled its first exploration well in Iraqi Kurdistan after a two-year break. "We remain in regular contact with the Kurdistan Regional Government.

  • Oct 19- Lyft Inc has raised $1 billion in fresh financing, the ride-services company said on Thursday, in a round led by one of Alphabet Inc's investment funds, further complicating the convoluted world of ride-hailing alliances and dealing a blow to rival Uber Technologies Inc.. Lyft said the latest round boosts its valuation to $11 billion from $7.5 billion.

  • WASHINGTON, Oct 19- A member of the U.S. House of Representatives' Freedom Caucus is mounting a campaign to kill any chance of a second term for Federal Reserve Chair Janet Yellen, the latest sign conservative Republicans want a fresh face at the helm of the central bank. Other contenders for the job are top Trump economic adviser Gary Cohn, Fed Board Governor Jerome...

  • Oct 19- Oilfield services giant Schlumberger Ltd sealed a deal to buy oil and gas assets worth $1 billion from Cenovus Energy on Thursday, raising further concerns about its strategy to own more refining and drilling operations directly. For Calgary, Alberta- based Cenovus, the sale is the latest in its plan to offload assets as it pays down debt, including loans it...

  • Ron Johnson says President Donald Trump's inconsistent stance on a bipartisan health deal has hurt prospects for the Senate proposal aimed at stabilizing insurance markets and lowering premiums. Johnson tells reporters: "It's always best for the president to be completely consistent in terms of what he's supporting or not supporting.

  • LONDON, Oct 19- Bank of England Deputy Governor Jon Cunliffe said on Thursday he did not see signs of sustained upward inflation pressure, and described the timing of possible future interest rate increases as an "open question". Cunliffe said the British economy was growing and unemployment was falling. "But we are not seeing pay pressure and for me we are not...

  • Consumer Reports issued its annual auto reliability rankings on Thursday. The magazine predicts the reliability of 2018 models based on surveys of its subscribers, who own or lease 640,000 vehicles from the 2000-2017 model years. The rankings are closely watched by the industry, since car buyers frequently look to Consumer Reports for advice.

  • DETROIT, Oct 19- Tesla Inc's new Model 3 sedan is likely to have "average" reliability despite production snags because it uses older technology rather than newer innovations that are causing problems for automakers, Consumer Reports magazine said on Thursday. The magazine said its survey of 640,000 vehicles showed that all-new vehicles or models with newly...

  • WASHINGTON, Oct 19- The number of Americans filing for unemployment benefits dropped to its lowest level in more than 44-1/ 2 years last week, pointing to a rebound in job growth after a hurricane-related decline in employment in September. "It doesn't take one hundred PhD economists at the Fed to figure out that the labor market is on the tight side of normal," said...

  • DETROIT— Toyota is the top brand in Consumer Reports' annual vehicle reliability rankings. Toyota Motor Co.' s luxury Lexus brand is second, followed by Kia, Audi and BMW. Consumer Reports' auto testing chief Jake Fisher says Toyota's strategy of adding new technology gradually— instead of all at once— helps make its vehicles more reliable.

  • President Donald Trump said on Thursday he believes Senate Republicans have secured enough votes to approve a budget measure that would help them pass tax legislation without Democratic support. "I think we'll be successful tonight. I think we have the votes for the budget, which will be phase one of our massive tax cuts- and reform, "Trump told reporters at the...

  • PARIS— The number of French protesters appears to be falling on the third day of union-backed, nationwide demonstrations against President Emmanuel Macron's divisive labor reforms. In Toulouse, Marseille and Paris, on Thursday thousands of demonstrators brandished placards and posters decrying the new rules that came into force last month.

  • Seniors tend to have savings, steady income from Social Security, money in retirement accounts and other assets, like a home that they own. "It's why bank robbers go to the bank," said Amy Nofziger, director of regional operations with the AARP Foundation. One study out of New York State shows that for every case of financial exploitation that gets reported to law...

  • NEW YORK— Target sees its new smaller store in Manhattan as a symbol of where it's headed. The Herald Square store a block away from Macy's is one of 12 mostly small-format stores opening this week in urban markets like Chicago, Los Angeles and Philadelphia. The company started testing same-day delivery at a store in Manhattan this past summer, letting shoppers...

  • BOSTON, Oct 19- A Brazilian whose arrest led U.S. authorities to discover $17 million hidden under a mattress pleaded guilty on Thursday to charges that he tried to launder funds tied to one of the largest pyramid schemes ever. Cleber Rene Rizerio Rocha, who prosecutors said tried to help get money out of the United States that a co-founder of TelexFree Inc left...

  • LOS ANGELES— Iridium Communications says its next two launches of new-generation satellites will use refurbished SpaceX Falcon 9 first-stage boosters that have flown previously. Hawthorne, California- based SpaceX has had successful landings of Falcon 9 first stages after launches from both coasts. Thirty new satellites are in orbit and the fourth launch...