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  • DETROIT, Jan 23- Ford Motor Co on Wednesday posted a fourth-quarter loss, which it attributed partly to one-time charges, including pension-related costs. The No. 2 U.S. automaker posted a loss of $116 million or 3 cents a share, down from a net profit of $2.5 billion or 63 cents a share in the same quarter in 2017.. Excluding one-time charges, the company reported a net...

  • DETROIT, Jan 23- Ford Motor Co on Wednesday posted a lower operating fourth-quarter profit as losses in every global region except for North America weighed on results. Last week, Ford provided a cloudier 2019 outlook due to tariff costs and uncertainty over Britain's exit from the European Union. Ford posted a fourth-quarter net loss of $116 million or 3 cents a...

  • President Donald Trump said on Wednesday he would do an alternative event to the State of the Union address after House Speaker Nancy Pelosi told him he may not give the speech in the House of Representatives until the government shutdown is over. On Pelosi's move to lock him out of the House, Trump said at a White House meeting on border security, "It's a disgrace."

  • An FAA spokesman said that Tuesday's event lasted for 21 minutes. The Port Authority of New York and New Jersey, which operates Newark and Teterboro airports, as well as New York's John F. Kennedy International Airport, said on Wednesday that it hosted a working session with the FAA, the FBI and other law enforcement agencies last week "to review and enhance...

  • President Donald Trump said on Wednesday that the United States was doing well in trade talks with China. "I like where we are right now," Trump said in response to a question about trade negotiations with China by reporters at a White House event. Earlier on Wednesday, White House economic adviser Kevin Hassett said he believed the United States and China could...

  • WASHINGTON, Jan 23- Lawyers representing owners of Fiat Chrysler diesel vehicles told a U.S. judge they are seeking up to $106.5 million in legal fees and out-of-pocket costs in connection with a settlement over excess vehicle emissions, but they are in talks to finalize the amount, officials said Wednesday. Ken Feinberg, a court-appointed mediator, said at a...

  • MEXICO CITY, Jan 23- The Mexican retailers association ANTAD on Wednesday estimated that sales at stores open for at least a year would fall by 1 percent this year compared with 2018, blaming economic uncertainty and crime for the gloomy outlook. When asked how crime had dampened sales, ANTAD's executive president, Vicente Yanez, said stores in hard-hit areas,...

  • Jan 23- Verizon Communications Inc is cutting about 7 percent, or about 800 jobs, at its media unit, it said on Wednesday. The cuts are in addition to a voluntary separation program announced by Verizon in December that will see about 10,400 employees leave by the middle of 2019.. Verizon Media, formerly called Oath and home to its Yahoo and AOL divisions, had 11,385...

  • *Worries about U.S.- China trade persist. "The market is shadow-boxing with speculation about trade," said Ward McCarthy, chief financial economist at Jefferies& Co. in New York. One hurdle to resolving the U.S.- China trade fight is the case of Meng Wanzhou, executive of Chinese technology giant Huawei, who was arrested on Dec. 1 in Vancouver for violating U.S....

  • CITADEL'S KEN GRIFFIN BUYS NEW YORK CONDO OVERLOOKING CENTRAL PARK FOR $238 MLN- SPOKESMAN.

  • NEW YORK, Jan 23- Oil prices slipped on Wednesday as the European Union seeks to circumvent U.S. trade sanctions against Iran, and on weaker U.S. gasoline prices. France's foreign minister said he expected a European-backed system to facilitate non-dollar trade with Iran and bypass fresh U.S. curbs imposed after Washington quit a landmark nuclear deal, would be...

  • WASHINGTON, Jan 23- President Donald Trump said on Wednesday the United States was doing well in trade talks with China. "I like where we are right now," Trump said in response to a question about trade negotiations with China by reporters at a White House event. Earlier on Wednesday, White House economic adviser Kevin Hassett said he believed the United States and...

  • Jan 23- Facebook Inc will make changes to better prevent users who have had their organization's pages removed for violating its rules from using duplicate pages to continue the same activity, it said on Wednesday. The changes, aimed at further cracking down on content including hate speech, graphic violence and harassment and bullying, will take effect in the...

  • NEW YORK, Jan 23- U.S. fund investors returned in force to bonds during the latest week, putting the most cash in debt markets in almost a year, Investment Company Institute data showed on Wednesday. Bond mutual funds and exchange-traded funds snagged $9.3 billion in new cash during the week ended Jan 16, the most since late January 2018, the trade group said.

  • SAN FRANCISCO, Jan 23- Amazon.com Inc spent $14.19 million on lobbying the U.S. government in 2018, according to a regulatory filing, beating its year-ago record, as large U.S. technology companies pushed back on issues such as privacy, immigration and new tariffs. Issues of interest to Amazon also included healthcare plans, drug prices and food safety that were...

  • Jan 23- ICE cotton futures rose on Wednesday as investors bid for the natural fiber in anticipation of a trade deal between the United States and China. * "There is an optimism that wasn't there yesterday about the trade talks between the U.S. and China, which is enough to send cotton up," said Jack Scoville, vice president at Price Futures Group in Chicago.

  • NEW YORK, Jan 23- The dollar edged down against a basket of currencies on Wednesday as uncertainties over trade and the global economy clouded the U.S. currency's near-term outlook and restricted it to tight trading ranges against other major currencies. "The trade conflicts and tensions, the shutdown and certainly more chatter about global growth in 2019,...

  • QUITO, Jan 23- Ecuador may use financing from the International Monetary Fund to balance its budget, as the South American country seeks to reduce a swollen fiscal deficit and its international debt, the finance minister said on Wednesday. "If we can find the necessary convergence between Ecuador's plan and what the international markets hope for on their side,...

  • Spot gold was little changed to $1,283.43 an ounce by 2:01 p.m. EST, having fallen to $1,278 an ounce earlier in the session. People are starting to run towards gold as a safe haven, " Michael Matousek, head trader at U.S. Trade negotiations between the United States and China were also dealt a blow as Beijing vowed a response against Washington's decision to...

  • DAVOS, Switzerland, Jan 23- New Zealand's prime minister has assured Chinese telecoms equipment group Huawei Technologies Co Ltd of even-handed treatment after the small U.S. ally blocked the sale of some Huawei equipment citing national security concerns. Huawei has always denied that Beijing has any influence over it, but last November the New Zealand...