HOUSTON— Former Enron Corp. CEO Jeffrey Skilling has been moved from a federal prison to a halfway house. The Houston Chronicle reports federal officials won't say where the halfway house is situated. Houston- based Enron collapsed into bankruptcy in 2001 after years of illicit business deals and accounting tricks that put more than 5,000 people out of work,...
TOKYO, Aug 31- Core consumer prices in Tokyo rose 0.9 percent in August from a year earlier, government data showed on Friday.
TOKYO AREA AUG CPI EXCLUDING FRESH FOOD, ENERGY PRICES +0.6 PCT YR/YR- GOVT.
NEW DELHI, Aug 31- India's economy likely sustained strong growth momentum for a second straight quarter in April-June, but the depreciating rupee and monetary tightening pose risks for coming periods. If there was 7.6 percent growth, that would top China's 6.7 percent second-quarter and could help Prime Minister Narendra Modi, who faces an election early...
WASHINGTON, Aug 30- U.S. trade officials are pressing Mexico and possibly Canada to accept a quota plan to replace national security tariffs currently in place on imports of steel and aluminum, people briefed on the negotiations said on Thursday. The United States imposed tariffs on metal imports in March, but at the time exempted Canada and Mexico.
LONDON, Aug 31- British consumers appear little fazed by the possibility of a no-deal Brexit, but businesses have turned more worried, surveys showed on Friday. Britain's headline gauge of consumer confidence, compiled by market research firm GfK for the European Commission, rose to -7 in August from -10 in July, matching 2018 highs struck in March and May.
*Beijing holds major China- Africa summit next week. JOHANNESBURG/ BEIJING, Aug 31- A wave of African nations looking to restructure debt with China on the eve of a major Beijing summit provides a reality check for the continent, where most countries still view Chinese lending as the best bet to develop their economies. Ethiopia and Zambia, heavy borrowers from...
*Shanghai contract could widen use of yuan in global trade. SINGAPORE, Aug 31- The launch of China's first crude futures contract in Shanghai has added a long-awaited Asian benchmark to the global oil sector, challenging the dominance of Western price-markers and threatening ramifications far beyond the energy industry. Given the prominence of China in oil...
MEXICO CITY, Aug 30- Amazon.com Inc will begin selling food and drinks online in Mexico, including snacks, sweets and wines, it said on Thursday, a move that could intensify its competition with Wal Mart de Mexico to claim shoppers in a nascent e-commerce market. Online shopping represents a fraction of total retail sales in Mexico but has grown swiftly, putting...
SACRAMENTO, Calif.— The California Assembly voted Wednesday to enshrine net neutrality in state law, delivering a major victory to advocates looking to require an equal playing field on the internet. In the latest effort by California lawmakers to drive national policy and rebuff President Donald Trump, lawmakers approved one of the nation's most aggressive...
WASHINGTON, Aug 30- Top NAFTA negotiators from Canada and the United States increased the pace of their negotiations Thursday to resolve final differences to meet a Friday deadline, with their Mexican counterpart on standby to rejoin the talks soon. "We are materially close to an agreement in principle, perhaps as early as tomorrow, end of day," said Flavio Volpe,...
WASHINGTON, Aug 30- Boeing Co has been awarded a $805 million contract for design, delivery and support of four unmanned drones based on aircraft carriers that will be used to refuel aircraft for the U.S. Navy, the Pentagon said in a statement on Thursday. The Navy published a request for proposals in 2017 that sought a drone that could refuel, and extend the combat...
WASHINGTON— President Donald Trump said Thursday that he respects Federal Reserve Chairman Jerome Powell but isn't a fan of the Fed's recent rate hikes. Speaking about his decision to pick Powell to replace Janet Yellen earlier this year, Trump said, "I put a man in there who I like and respect." "I don't like that," Trump said in an interview with Bloomberg News.
MALTA, N.Y.— A computer chip factory in upstate New York says it's eliminating 455 jobs as it restructures operations and moves away from cutting-edge chip technology. The company's Fab 8 facility in the Saratoga County town of Malta employed about 3,400 people before the restructuring. GlobalFoundries is owned by the government-backed Mubadala...
NEW YORK, Aug 30- Investors poured $2 billion into U.S.-based stock funds during the latest week, marking the largest deposits in four weeks, Lipper data showed on Thursday.
Chicago Board of Trade November soybean futures settled down 4-1/ 2 cents at $8.31-1/ 2 per bushel after dipping 4$ 8.29, the contract's lowest since July 16. CBOT December wheat ended down 6-3/ 4 cents at $5.35 a bushel while December corn finished steady at $3.56-1/ 2. "We have got too many beans and not enough demand, and the basis levels are just absolutely ugly," said...
BRUSSELS, Aug 30- The European Union's detente on tariffs with the United States has not put to rest "profound disagreements" on trade policy, the European commissioner in charge of trade said on Thursday. President Donald Trump rejected an EU offer to eliminate tariffs on cars and said the EU's trade policies are "almost as bad as China," Bloomberg News reported.
Aug 30- Activist investor William Ackman's Pershing Square Capital Management has cut its stake in Chipotle Mexican Grill Inc to 7.4 percent, paring an investment that has helped the hedge fund post gains after three years of losses. Pershing Square Capital Management held a 10 percent stake in the Burrito chain as of March 3, 2017. Ackman, who bought the stake in...
President Donald Trump said he respected Federal Reserve Chairman Jerome Powell even though the central bank was not helping him out in trade disputes, Bloomberg News reported on Thursday. "I put a man in there who I like and respect," Trump told Bloomberg in an interview that included a seeming nod by the president to the importance of the Fed's independence in...
HOUSTON, Aug 30- Texas oil production fell in June from a year earlier for the first time in 16 months, according to figures released on Thursday by the state's energy regulator, a fresh sign that a lack of pipeline space in the nation's largest shale field may be curbing production. Texas June oil production was 98.9 million barrels, down about 2 percent from the...
Data also provided by 
