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Wires

  • Aug 18- Billionaire investor Carl Icahn on Friday ended his role as a special adviser to U.S. Icahn's departure comes after a flurry of changes at the White House. Trump on Friday fired his chief strategist Stephen Bannon, two days after disbanding two high-profile business advisory groups.

  • *Trump fires chief strategist Steve Bannon. NEW YORK, Aug 18- U.S. stocks lost ground late to end lower on Friday following a White House- focused week that raised more questions about the Trump administration's ability to implement its pro-growth agenda. "While this mini correction we're seeing may not amount to much, it's probably caused by this escalation in...

  • The verdict in U.S. District Court in Jackson, Mississippi, is a blow to thousands of patients with similar allegations against the drugmaker. In the latest case, plaintiff Dora Mingo claimed she suffered acute gastrointestinal bleeding after she was treated with Xarelto for a month in 2015 to prevent blood clotting following an operation.

  • Aug 18- Fitch Ratings upgraded Greece's long-term foreign-currency issuer default ratings to' B-' from' CCC', citing reduced political risk and sustained GDP growth. Euro zone governments in June threw Greece another 11th- hour credit lifeline worth $9.5 billion and sketched new detail on possible debt relief. The Fitch upgrade comes after Moody's upgraded...

  • ATHENS, Greece— Fitch Ratings has upgraded Greece's credit rating from CCC to B-, a one-notch improvement that still leaves the bonds issued by the crisis-battered country well below investment grade. A Fitch statement adds that other European countries using the euro currency are expected to grant Greece substantial debt relief next year.

  • NEW YORK, Aug 18- Billionaire investor Carl Icahn on Friday said he was ending his role as special advisor to U.S. President Donald Trump after facing criticism that his advice on regulations could help his own businesses. Some Democratic lawmakers and biofuels advocates have argued that Icahn's policy recommendations to the Republican administration...

  • Shares of American Airlines Group Inc. fell 48 cents to $45.55; United Continental Holdings Inc. rose 5 cents to $64.75; Southwest Airlines Co. gained 2 cents to $53.17; and Delta Air Lines Inc. was unchanged at $47.53. Warren Buffett's Berkshire Hathaway Inc. disclosed this week that it trimmed its airline investments. The firm's stakes in American, Delta,...

  • HAUPPAUGE, N.Y. _ Air Industries Group on Friday reported a loss of $2 million in its second quarter. The Hauppauge, New York- based company said it had a loss of 36 cents per share. Keywords: Air Industries, Earnings Report.

  • *Barcelona attack hurts Europe stocks, keeps U.S. on edge. NEW YORK, Aug 18- Wall Street indexes and the U.S. dollar ended a volatile session lower after a week of drama in Washington intensified doubts about President Donald Trump's ability to deliver on pro-growth policy promises such as tax reform. "It's only marginally positive as it doesn't put money in...

  • DETROIT, Aug 18- Federal prosecutors on Friday recommended a three-year prison sentence for Volkswagen AG engineer James Liang for his role in a diesel emissions scandal that has cost the German automaker as much as $25 billion. Prosecutors in U.S. District Court in Detroit said Liang, a diesel engine expert with more than 30 years of experience at VW, "provided an...

  • CARL ICAHN SAYS IN LETTER TO TRUMP- AGREED TO CEASE TO ACT AS SPECIAL ADVISOR TO PRESIDENT ON ISSUES RELATING TO REGULATORY REFORM.

  • TORONTO, Aug 18- Canada's main stock index fell on Friday, led lower by bank and gold mining shares, as concerns about the impact of a stronger Canadian dollar and higher inflation on the economy clouded sentiment. Domestic data showed that Canada's annual inflation rate ticked higher in July, suggesting price pressures are picking up after June's subdued...

  • U.S. stocks slumped in the final minutes of trading Friday and ended a rough week with more losses. Bad news from sporting goods retailers weighed on the market. The Russell 2000 index of smaller-company stocks slipped 1.15 points, or 0.1 percent, to 1,357.79.

  • *Trump fires chief strategist Steve Bannon. NEW YORK, Aug 18- U.S. stocks ended down slightly after another volatile session on Friday following the latest White House shakeup and increased focus on the outlook for the Trump administration's agenda and post-election rally. The White House said Trump on Friday fired chief strategist Steve Bannon, known as an...

  • WASHINGTON, Aug 18- The United States on Friday formally launched an investigation into China's alleged theft of U.S. intellectual property, a widely expected move following a call from President Donald Trump earlier this week to determine whether a probe was needed. China had rebuffed attempts by previous American presidents to take action against its IP...

  • *Loonie touches its strongest since Aug. 4 at C $1.2558. Canada's overall annual inflation rate rose to 1.2 percent from June's 20- month low of 1.0 percent, while two of the three measures of core inflation that the Bank of Canada introduced last year saw gains. Strengthening in the domestic economy prompted the Bank of Canada to raise interest rates in July for...

  • NEW YORK, Aug 18- The biotech industry is facing high rents and tight lab space in Boston, New York and San Francisco, forcing companies into the suburbs in a sign the "live, work and play" movement into big cities may have hit a roadblock. The start-up's search for adequate facilities is shared by other biotech firms that are encountering tight lab availability in New...

  • NEW YORK, Aug 18- The biotech industry is facing high rents and tight lab space in Boston, New York and San Francisco, forcing companies into the suburbs in a sign the "live, work and play" movement into big cities may have hit a roadblock. The start-up's search for adequate facilities is shared by other biotech firms that are encountering tight lab availability in New...

  • Foot Locker Inc., down $13.32 to $34.48. Hibbett Sports Inc., down 60 cents to $10.90. Deere& Co., down $6.67 to $117.31.

  • Justin Bieber), Luis Fonsi& Daddy Yankee. There's Nothing Holdin' Me Back, Shawn Mendes. Body Like a Back Road, Sam Hunt.