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  • WASHINGTON, Feb 23- Senior U.S. officials will discuss trade disputes next week with a top Chinese economic official when he visits Washington, a senior U.S. official said on Friday as President Donald Trump considers new tariffs on steel imports. Trump has long sought a way to a more balanced trade relationship with China. The Commerce Department on Feb. 16...

  • NEW YORK/ LOS ANGELES, Feb 23- Federal Reserve policymakers are fretting that they could face the next U.S. recession with an arsenal of policies little different from that used in the last downturn but robbed of much of their punch because interest rates are still low. "The thing that keeps me up at night is that when that next recession happens, and hopefully not for...

  • HOUSTON, Feb 23- Senior executives are leaving Swiss commodities trader AOT Energy amid a shrinking credit line and losses in some trading operations, sources familiar with the matter said on Friday. The upheaval comes after the company, controlled by FrEere Group, a Belgian holding company owned by billionaire Albert FrEere and his family, backed a buyout in...

  • Heinz Co, backed by Buffett's Berkshire Hathaway Inc and Brazil's private equity firm 3 G Capital, acquired Kraft Foods Group in 2015 to create one of the biggest food and beverage companies in the world. Berkshire Hathaway is Kraft Heinz's biggest shareholder with 26.7 percent stake as of Dec. 31, according to Thomson Reuters data. Kraft said it plans to nominate...

  • Feb 23- Magic Leap, a well-funded and secretive startup, is in talks for a $400 million investment from Saudi Arabia's Public Investment Fund, the Financial Times reported on Friday. The Florida- based startup raised $502 million in October in a capital funding round led by Singapore government-owned investment firm Temasek Holdings. Magic Leap and the Public...

  • LAHAINA, Hawaii _ Maui Land& Pineapple Co. on Friday reported a fourth-quarter loss of $929,000, after reporting a profit in the same period a year earlier. The Lahaina, Hawaii- based company said it had a loss of 5 cents per share. Maui Land& Pineapple shares have decreased 32 percent since the beginning of the year.

  • NEW YORK, Feb 23- The fallout over this week's shooting rampage at a Florida high school started to take its toll on National Rifle Association's roster of corporate partners on Friday as a half dozen companies severed marketing ties with the gun advocacy organzation. Moms Demand Action for Gun Sense in America, founded after 20 first-graders were shot and...

  • Among major oil- and gas-producing states, Texas increased by three rigs, New Mexico gained two and Colorado, Louisiana, North Dakota, Ohio and Wyoming each gained one. Oklahoma decreased by two rigs and Kansas, Pennsylvania and West Virginia each lost one. Alaska, Arkansas, California and Utah were unchanged.

  • WILKES-BARRE, Pa.— A Pennsylvania retiree has won $1 million upfront and $5,000 a week for the rest of her life through the Publishers Clearing House sweepstakes. Snyder says she and her husband, Michael Snyder, a part-time mechanic, can now fulfill their dream of traveling U.S. Route 66 from Chicago to California. Jo-Ann Snyder will get to choose an heir who'll also...

  • WASHINGTON, Feb 23- Senior U.S. officials will discuss trade disputes next week when a top Chinese economic official visits Washington, a senior U.S. official said on Friday. Trade Representative Robert Lighthizer, who will meet with Chinese economic minister Liu He, the official said. President Donald Trump has long sought a way to a more balanced trade...

  • ARLINGTON, Va. _ Graham Holdings Co. on Friday reported fourth-quarter net income of $214.2 million. The Arlington, Virginia- based company said it had net income of $38.52 per share. Graham Holdings shares have risen roughly 7 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed nearly 3 percent.

  • SENIOR US OFFICIALS INCLUDING US TRADE REP LIGHTHIZER WILL DISCUSS TRADE DISPUTES WITH CHINESE ECONOMIC OFFICIAL LIU HE IN WASHINGTON NEXT WEEK- SENIOR US OFFICIAL.

  • PRESIDENT TRUMP AND TOP AIDES HAVE BEEN INVOLVED IN DISCUSSIONS ABOUT TARIFFS ON STEEL IMPORTS- SENIOR US OFFICIAL.

  • WASHINGTON, Feb 23- The White House said on Friday that President Donald Trump had not yet made a final decision about whether to impose steep global tariffs on steel imports. As with every decision he makes, the security of the American people and the American economy will be the president's primary concerns while he considers his potential options, " White House...

  • WASHINGTON, Feb 23- The White House said on Friday that President Donald Trump had not yet made a final decision about whether to impose steep global tariffs on steel imports. As with every decision he makes, the security of the American people and the American economy will be the president's primary concerns while he considers his potential options, " White House...

  • ARLINGTON, Va., Feb 23- The United States is concerned that China might impose trade barriers on U.S. grains sales if trade relations between the world's two largest economies worsen, Jason Hafemeister, trade counsel to the U.S. agriculture secretary, said on Friday. China is the top buyer of U.S. agricultural produce. "Our objective is not only to keep our access to...

  • Feb 23- S&P Global Ratings raised its foreign currency long-term and short-term sovereign credit ratings on Russia to' BBB-/A-3' from' BB+/ B'. Russia's economic recovery is expected to continue through 2021, S&P said on Friday, adding that it projects Russia's GDP growth rate to rise to 1.8 percent in 2018.. Washington imposed sanctions on Russia over its 2014...

  • 1. Bruno Mars; $3,411,530; $102.82. 4. Dead& Company; $1,590,747; $107.73. 10. Trans-Siberian Orchestra; $889,185; $60.45.

  • Feb 23- Kraft Heinz Co said on Friday billionaire investor Warren Buffett has decided to retire from the company's board following the end of his term to reduce travel commitments. Heinz Co, backed by Buffett's Berkshire Hathaway Inc and Brazilian private equity firm 3 G Capital, acquired Kraft Foods Group in 2015 to create one of the biggest food and beverage...

  • SAO PAULO, Feb 23- Brazil's Hypera SA, the nation's largest listed producer of over-the-counter medicines, beat fourth quarter profit estimates on Friday. In a securities filing, the drugmaker, which changed its name from Hypermarcas at the beginning of 2018, posted a net income of 462.2 million reais. That was up 118 percent from a year earlier and above a Reuters...