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Wires

  • NEW YORK, Aug 21- The S&P 500 ended slightly higher on Monday after two sessions of losses, but simmering tensions between the United States and North Korea kept investors on edge and a drop in oil prices weighed on energy shares.

  • TORONTO, Aug 21- Canada's main stock index ended flat on Monday as sharp jumps in mining stocks were offset by equally steep declines in energy companies, as copper and other metal prices rose and oil prices fell.

  • DETROIT— Former General Electric CEO Jeffrey Immelt is among the finalists being considered to run ride-hailing company Uber, but there's no clear consensus on Uber's board about a front-runner, two people briefed on the search said Monday. The people, who asked not to be identified because the search is confidential, said some board members want to fill the...

  • *U.S. inventory fall is result of OPEC- led production cuts- Kuwait. NEW YORK, Aug 21- Oil prices fell nearly 2 percent ahead of monthly contract expiration on Monday, pulling back from last week's rally built on signs the global market is starting to rebalance from chronic oversupply. Brent crude futures settled down 2 percent, or $1.06 at $51.66 a barrel, while U.S.

  • Aug 21- A California jury on Monday ordered Johnson& Johnson to pay $417 million to a woman who claimed she developed ovarian cancer after using the company's talc-based products like Johnson's Baby Powder for feminine hygiene. The Los Angeles Superior Court jury's verdict in favor of California resident Eva Echeverria was the largest yet in lawsuits...

  • CONCORD, N.H.— Dartmouth College is considering increasing the numbers of undergraduate students by as much as 25 percent in a bid to expand the institution's reach. Dartmouth has the smallest undergraduate class in the Ivy League at 4,310 students. These schools have seen double-digit growth, while Dartmouth increased by 4 percent in that time.

  • Aug 21- U.S. stocks were little changed on Monday as simmering tensions between the United States and North Korea kept investors on edge, while a drop in oil prices weighed on energy shares. Investors also are awaiting this week's meeting at Jackson Hole, Wyoming, between Federal Reserve Chair Janet Yellen and global central bankers. The United States and South...

  • North Korea angered by U.S. NEW YORK, Aug 21- The dollar slumped on Monday amid geopolitical tension in North Korea, as investors braced for the annual central banking conference in Jackson Hole this week where the world's top central bankers may signal their next policy actions. "This sustained pressure on the dollar comes just as geopolitical concerns have...

  • SALT LAKE CITY— Utah's Deer Valley Resort announced Monday it has been purchased by a new company that has brought 13 ski areas from Quebec to Colorado under one umbrella, marking the latest deal in an industry that is becoming more consolidated. Deer Valley becomes the yet-to-be-named ownership group's first ski area in Utah and joins a collection of resorts...

  • NEW YORK, Aug 21- U.S. Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi are due to speak at the conference. "Are they going to try to pare back asset purchases, what their thinking is on inflation," are among the main questions, said Subadra Rajappa, head of U.S. interest rate strategy at Societe Generale in New York.

  • NEW YORK, Aug 21- U.S. Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi are due to speak at the conference. Treasury yields fell to almost two-month lows on Friday as the continued shakeup and infighting at the White House reduced expectations that lawmakers will pass fiscal measures aimed at boosting growth.

  • RIYADH, Aug 21- Saudi Arabia plans to transfer ownership of all its airports to its main sovereign wealth fund, the Public Investment Fund, as part of a drive to privatise them, a senior aviation official said on Monday. "The process of establishing companies will continue for all airports, and the civil aviation holding company in the future will be 100 percent...

  • RIYADH, Aug 21- Saudi Arabia plans to transfer ownership of all its airports to its main sovereign wealth fund, the Public Investment Fund, as part of a drive to privatize them, a senior aviation official said on Monday. "The process of establishing companies will continue for all airports, and the civil aviation holding company in the future will be 100 percent...

  • SAN FRANCISCO— An upcoming update to Google's Android software finally has a delectable name. The next version will be known as Oreo, extending Google's tradition of naming each version after a sweet treat. Google and Oreo's maker, Mondelez, referred to their deal as a partnership, rather than a sponsorship, as no money was exchanged.

  • GOOGLE SAYS OFFICIALLY INTRODUCING ANDROID 8.0 OREO, THE LATEST RELEASE OF THE PLATFORM- BLOG.

  • LOS ANGELES— A Los Angeles jury on Monday ordered Johnson& Johnson to pay $417 million to a woman who claimed in a lawsuit that the talc in its iconic baby powder causes ovarian cancer when applied regularly for feminine hygiene. The lawsuit was brought by a California woman, Eva Echeverria, who alleged Johnson& Johnson failed to adequately warn consumers about...

  • TRENTON, N.J.— New Jersey Transit spent more than $1 million on a digital advertising campaign this summer to inform riders about changes caused by a massive two-month repair project at Penn Station that limited service on its second-busiest rail line. Some of the $1,009,775 was spent to target ads to those directly affected by the work, according to invoices...

  • ASL Strategic Value Fund said in the letter dated Aug. 8 that Community Health CEO Wayne Smith should be removed because of poor performance and that the board should claw back part of some senior executives' compensation. Community Health shares were up about 11 percent to $7.80 in afternoon trading. Shares of Community Health have lost more than 85 percent of...

  • Aug 21- Johnson& Johnson on Monday was ordered by a California jury to pay $417 million to a woman who claimed she developed ovarian cancer after using the company's talc-based products like Johnson's Baby Powder for feminine hygiene. The Los Angeles Superior Court jury's verdict in favor of California resident Eva Echeverria was the largest to date in...

  • *Investors wary as U.S., South Korea begin military drills. NEW YORK, Aug 21- A gauge of world stock indexes edged up after touching a 5-1/ 2- week low on Monday, and metals prices dazzled with zinc at its highest in a decade, copper hitting a nearly three-year peak and iron ore gaining nearly 15 percent in the last three sessions. U.S. stocks were mixed, on the edge of a fifth...