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Wires

  • DETROIT— Fiat Chrysler is telling owners of some small Jeeps not to use the front passenger seat until a problem with the air bag is repaired. The company is recalling about 8,000 2018 Compass SUVs mainly in North America. The Jeeps were made from Sept. 5 to Nov. 19.

  • NEW YORK, Nov 22- A U.S. regulator on Wednesday denied a proposal by Magellan Midstream Partners LP to establish a marketing affiliate to buy, sell and ship crude oil, creating uncertainty for pipeline competitors with similar arrangements. The Federal Energy Regulatory Commission said that while the creation of a marketing affiliate is common in the industry...

  • SAO PAULO, Nov 22- Brazilian antitrust agency Cade on Wednesday extended its deadline to review the takeover of Monsanto Co by Bayer AG by 90 days to late March, potentially spoiling plans to wrap up the $66 billion tie-up by the end of the year. The proposed takeover, announced in September 2016, would create the world's largest pesticides and seeds company.

  • Nov 22- Venture capitalist Peter Thiel may be looking to buy online news site Gawker.com, BuzzFeed said on Wednesday. Thiel's lawyers have objected to the currently ongoing sale process of Gawker.com, saying that he has been prohibited unreasonably from bidding for the website's assets, the internet media company reported, citing a federal bankruptcy court...

  • A Montana jury found Leonard Higgins of Portland, Oregon, guilty Wednesday of criminal mischief and trespassing. Higgins entered a fenced site near Big Sandy, Montana, in October 2016 and closed a valve on pipeline operated by Spectra Energy. Activists simultaneously targeted other pipelines in Washington state, North Dakota and Minnesota.

  • TORONTO, Nov 22- Canada's main stock index was little changed on Wednesday, hovering below a recent record high, as losses for industrial and telecommunication shares offset gains for resource stocks, which were boosted by higher commodity prices. *The Toronto Stock Exchange's S&P/TSX composite index closed down 3.07 points, or 0.02 percent, at 16,073.58.

  • DETROIT— Uber has managed to hold the title of world's largest ride-hailing service despite its seemingly endless string of scandals. Michael Pachter, a technology analyst based in Los Angeles, said he uses Uber five to 10 times a month. But for Vermont resident Jay Furr, the breach was the "final straw."

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • WASHINGTON, Nov 22- The U.S. Commerce Department on Wednesday said it had made a final determination that anti-subsidy duties should be imposed on tool chests imported from China. It calculated final countervailing duty rates of 15.09 percent for Jiangsu Tongrun Equipment Technology Co Ltd, 14.03 percent for Zhongshan Geelong Manufacturing Co Ltd and 14.39...

  • BRASILIA, Nov 22- Brazil's Congress on Wednesday passed a bill that would boost royalty rates on iron ore by 75 percent- instead of the doubling of rates that had been proposed- as both houses voted in rapid succession in a win for President Michel Temer's reform agenda. The Senate approved the lower house bill without changes Wednesday evening, sending it to Temer...

  • Nov 22- A former general counsel of insurer WellCare Health Plans Inc was sentenced on Wednesday to six months in prison for making a false statement to Florida's Medicaid program as part of what prosecutors called a $35 million healthcare fraud scheme. Bereday's plea came after the U.S. Supreme Court in April declined to hear former WellCare Chief Executive...

  • CHICAGO/ NEW YORK, Nov 22- Jamie Dimon, chief executive officer of JPMorgan Chase& Co, on Wednesday said he expects to see a new U.S. president in 2021 and advised the Democratic party to come up with a "pro-free enterprise" agenda for jobs and economic growth instead. Asked at a luncheon hosted by The Economic Club of Chicago how many years Republican President Donald...

  • MEXICO CITY, Nov 22- Mexican central bank chief Agustin Carstens on Wednesday left open the possibility that an interim governor would be named after he steps down at the end of the month, if President Enrique Pena Nieto has not named a successor by then. "I hope that everything is in place by the time I begin working in the Bank of International Settlements," Carstens...

  • BEIJING _ Sinovac Biotech Ltd. on Wednesday reported fourth-quarter profit of $4.4 million. On a per-share basis, the Beijing- based company said it had profit of 8 cents. For the year, the company reported that its loss narrowed to $596,000, or 1 cent per share.

  • SANTA CRUZ, Bolivia, Nov 22- OPEC will need to extend supply cuts when it meets next week to end years of global oil oversupply, oil ministers from two OPEC members said on Wednesday, just over a week before the group meets to discuss supply policy. OPEC has been successful in bringing global oil inventories closer to their five-year average, but the group needs more...

  • CARACAS, Venezuela— Five high-ranking officials arrested in Venezuela amid an anti-corruption sweep of its state-owned oil company's U.S.-based subsidiary carry American passports. Two people with direct knowledge of the case on Wednesday confirmed to The Associated Press the dual citizenship of five of six Citgo officials detained a day earlier in...

  • Nov 22- DaVita Inc, the largest U.S. provider of kidney care services, is exploring a sale of its physician network business, DaVita Medical Group, that could value the unit at up to $4 billion, according to people familiar with the matter. DaVita Medical Group could attract interest from a variety of bidders, including private equity firms and health insurers, the...

  • Deere& Co., up $6.02 to $145.25. HP Inc., down $1.12 to $21.34. Hewlett Packard Enterprise Co., down $1.02 to $13.10.

  • FCC Chairman Ajit Pai says the plan eliminates unnecessary regulation. "It would be a radical departure from what previous chairs, of both parties, have done," said Gigi Sohn, a former adviser to Tom Wheeler, the Obama-era FCC chairman who enacted the net neutrality rules now being overturned. During the last Republican administration, that of George W. Bush, FCC...

  • U.S. stocks mostly slipped away from their record highs Wednesday as the two former halves of Hewlett-Packard both tumbled, while falling interest rates helped phone companies but hurt banks. The Standard& Poor's 500 index fell 1.95 points, or 0.1 percent, to 2,597.08. The Russell 2000 index of smaller-company stocks shed 2.13 points, or 0.1 percent, to 1,516.76.