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Wires

  • Oct 18- Global miner BHP Billiton reported a 4 percent drop in quarterly iron ore output following a fire at its Mount Whaleback mine in Australia in June, but said it still expects to hit its annual production target. BHP on June 1 temporarily halted operations at its Whaleback mine, the largest of seven operated by the company in Australia, due to a fire.

  • Oct 17- Spanish language broadcaster Univision Communications Inc has sent a letter to the U.S. media regulator lambasting Verizon Communications Inc for pulling Univision's networks from 4.7 million of its customers on Monday without warning. Verizon also refused to sign a contract extension that would have kept the networks on the air, according to the...

  • WASHINGTON, Oct 17- The remaining countries of the Trans-Pacific Partnership hope to agree in November on how to preserve the market access enshrined in the trade deal, Mexico's economy minister, Ildefonso Guajardo, said on Tuesday. President Donald Trump took office in January and quickly withdrew the United States from the agreement. Leaders from the...

  • NASHVILLE, Tenn. _ Pinnacle Financial Partners Inc. on Tuesday reported third-quarter profit of $64.4 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share. Three analysts surveyed by Zacks expected $216 million.

  • WASHINGTON, Oct 17- U.S. Senate Democrats vowed on Tuesday to fight a measure expected to be slipped into budget legislation that would open Alaska's Arctic National Wildlife Reserve to oil and gas drilling, saying it would destroy one of earth's remaining paradises. A plan passed by the Senate budget committee late last month contains a directive for the...

  • WASHINGTON, Oct 17- The United States on Tuesday declined to name China as a currency manipulator although it remained critical of the Chinese government's economic policies ahead of a planned visit to Beijing by President Donald Trump. Treasury currency report said no countries deserved the currency manipulator label, but it kept China on a currency "...

  • President Donald Trump is leaning toward naming former pharmaceutical industry executive Alex Azar as his pick to lead the Department of Health and Human Services, Politico reported on Tuesday, citing two White House officials. Azar also clerked for U.S. Supreme Court Associate Justice Antonin Scalia and was a partner at Washington law firm Wiley, Rein and...

  • PROVIDENCE, R.I.— The chairman of Rhode Island's I-195 Redevelopment District Commission says he's resigning. The Providence Journal says Democratic Gov. Information from: The Providence Journal, http://www.providencejournal.com.

  • Alphabet's Sidewalk Labs unit, which is developing new technologies for use in "smart cities," said it would invest $50 million in the initial planning and testing phase of the project, which will create a new neighborhood called Quayside. "For the foreseeable future this will be the primary focus of what we do," Dan Doctoroff, the chief executive of Sidewalk Labs,...

  • RIO DE JANEIRO, Oct 17- Brazil's state-run oil company Petroleo Brasileiro SA said on Tuesday its fuel distribution unit BR Distribuidora swung to a profit in the first nine months of the year, allaying investor concerns ahead of its initial public offering. A prospectus filed with Brazil's securities industry regulator on Tuesday showed the distribution...

  • NEW YORK, Oct 17- The U.S. Securities and Exchange Commission on Tuesday charged mining company Rio Tinto Plc and two of its former top executives with fraud, saying they inflated the value of coal assets in Mozambique acquired for $3.7 billion and sold a few years later for $50 million. In a lawsuit filed in U.S. federal court in Manhattan, the SEC said Rio Tinto,...

  • WASHINGTON, Oct 17- Senate Republicans scrambled on Tuesday to ensure support for a budget resolution vital to President Donald Trump's drive to overhaul the U.S. tax code, as one Republican fiscal hawk announced he might vote against the measure. As the Senate opened debate on a fiscal year 2018 budget, Senator Rand Paul objected to spending levels that he said...

  • WASHINGTON— Partly because of Hurricane Harvey, which shut down both major Houston airports for several days, canceled flights surged and delays increased on U.S. airlines in August. The U.S. Transportation Department said Tuesday that the dozen airlines covered in its monthly air travel consumer report canceled 2.2 percent of their flights, up from 1.4...

  • *Senate healthcare deal boosts insurers, hospitals. NEW YORK, Oct 17- The Dow Jones Industrial Average briefly broke above the 23,000- point mark for the first time on Tuesday, driven by strong earnings from UnitedHealth and Johnson& Johnson, but finished the session just below that milestone. The Dow may in the near term have a difficult time sustaining a move...

  • CHICAGO, Oct 17- The U.S. Department of Agriculture in a filing on Tuesday said it will dismantle Obama-era rules for buying and selling livestock, a move that has divided the U.S. meat industry. Agriculture Secretary Sonny Perdue withdrew an interim final rule and a proposed regulation of the Farmer Fair Practices Rules under USDA's Grain Inspection, Packers...

  • CARACAS, Oct 17- President Nicolas Maduro defended Venezuela's "secure" election system on Tuesday as opponents struggled to present a united front over allegations of fraud in a nationwide vote surprisingly won by the ruling socialists. Two losing opposition candidates, Henri Falcon in Lara state and Alejandro Feo La Cruz in Carabobo, have conceded defeat,...

  • Morgan Stanley, up 18 cents to $49.12. Johnson& Johnson, up $4.67 to $140.79. Netflix Inc., down $3.20 to $199.48.

  • WASHINGTON— Talks to rewrite the North American Free Trade Agreement have stalled over tough American demands, dashing hopes that a deal can be reached this year. A fourth round of negotiations between the U.S., Mexico and Canada ended in mutual exasperation Tuesday. Talks will continue next month in Mexico City and will spill over into next year.

  • BEIJING, Oct 18- Chinese President Xi Jinping on Wednesday opens a critical Communist Party congress expected to cement his authority with a closely watched address signalling how he intends to put that power to use during a second five-year term. Xi's speech will kick off the twice-a-decade congress, a week-long, mostly closed-door conclave that will...

  • WASHINGTON, Oct 17- An Oct. 24 hearing in the U.S. Congress on Puerto Rico's recovery from Hurricane Maria will assess whether a financial oversight board managing the American territory's debt should take on the responsibility of overseeing rebuilding efforts. A spokesman for the House of Representatives Natural Resources Committee also said on Tuesday...