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Wires

  • Pittsburg County Sheriff Chris Morris said Tuesday that the search for the workers has turned to a recovery mission after the Monday morning blast in eastern Oklahoma. Three of the workers were employed by Houston- based Patterson-UTI Energy Inc. Company president and CEO Andy Hendricks pledged a full investigation into the explosion.

  • PROVIDENCE, R.I.— Seven years after a computer beat two human quizmasters on a "Jeopardy" challenge, the tech industry is still training its machines to make them even better at amassing knowledge and answering questions. And the machines have gotten smarter. Research teams at Microsoft and Alibaba reached what they described as a milestone this month when their...

  • LONDON, Jan 23- Sterling powered past $1.40 to reach its highest level since the vote to leave the European Union in June 2016 on Tuesday, extending a rally on the back of growing optimism around Britain's chances of securing a favourable Brexit deal. Analysts said although there had been little in the way of solid developments around Britain's exit from the EU...

  • *Strong demand comes as OPEC, Russia withhold oil supplies. NEW YORK, Jan 23- Oil rose more than 1 percent on Tuesday with benchmark Brent crude above $70 a barrel for the first time in a week on Tuesday, boosted by healthy world economic growth prospects and expectations for continued production curbs by OPEC, Russia and their allies. Brent crude futures were up...

  • Jan 23- A U.S. appeals court on Tuesday upheld a ruling that invalidated a crucial Johnson& Johnson patent on its blockbuster rheumatoid arthritis drug Remicade, limiting J&Js ability to seek damages from Pfizer Inc over its launch of a lower-cost version of the drug. The U.S. Circuit Court of Appeals for the Federal Circuit affirmed a ruling by a U.S....

  • NEW YORK, Jan 23- The dollar slipped to a fresh three-year low against a basket of currencies on Tuesday after data showed euro zone consumer confidence jumped much more than expected in January, underlining the strong momentum in the euro zone economy. The European Commission said consumer confidence in the 19 euro zone countries in January rose to 1.3 points...

  • NEW YORK, Jan 23- Verizon Communications Inc on Tuesday reported quarterly revenue that exceeded analyst estimates as it added phone subscribers, and the company's chief executive said it was not currently considering a large media acquisition. Analysts have wondered whether Verizon, the No. 1 U.S. wireless carrier, will buy a media company as its rival AT&T Inc...

  • Earlier this month, Croatia chose a Chinese consortium to build a 2,400- metre bridge to connect the mainland with its most southern region for 2.08 billion kuna. The consortium, which includes China Road& Bridge Corp., CCCC Highway Consultants Co Ltd and CCCC Second Harbour Engineering Co Ltd, submitted the lowest bid and said it would complete the project in 36...

  • U.S. CRUDE FUTURES RISE BY $1 TO SESSION HIGH OF $64.58 A BARREL.

  • BRENT CRUDE RISES BY $1 TO ABOVE $70 A BARREL, THE HIGHEST IN ONE WEEK.

  • Kazakhstan's central bank said in November that the country planned to launch settlements via Euroclear, possibly in 2019.. On Tuesday, Kazakhstan's Finance Ministry and its stock exchange Astana International Exchange signed a memorandum with Euroclear to proceed and develop an "international link" for Kazakh securities, the three parties said in a joint...

  • Jan 23- Netflix Inc's shares rose 13 percent to a record high on Tuesday after the video streaming service trounced Wall Street targets for new subscribers in the fourth quarter. Analysts at Bernstein were most bullish, setting targets of $302 compared to the $252 it traded at on Tuesday. "The subscriber growth validates management's ongoing content...

  • FRANKFURT, Jan 23- More creditor groups of Steinhoff are joining forces to position themselves for a potential debt restructuring at the furniture retailer, people close to the matter said before the company meets creditors on Friday. Steinhoff, owner of more than 40 retail brands including Poundland in Britain, admitted "accounting irregularities" last...

  • The U.S. Circuit Court of Appeals for the Federal Circuit affirmed a ruling by a U.S. administrative court that a J&J patent covering the active ingredient in Remicade was invalid because it was based on an obvious concept.

  • "Ask Brianna" is a column from NerdWallet for 20- somethings or anyone else starting out. I'm here to help you manage your money, find a job and pay off student loans— all the real-world stuff no one taught us how to do in college. Besides, "Ten years out of school, less than 20 percent of people are doing anything having anything to do with their major of study at college,"...

  • PARIS, Jan 23- French uranium mining and nuclear fuel group Areva rebranded itself as Orano on Tuesday, closing the book on a years-long restructuring but still facing an uncertain future, with uranium prices at decade lows and the nuclear industry in the doldrums. Chief Executive Philippe Knoche said a new name and logo were necessary to start another chapter...

  • LONDON, Jan 23- Drugmakers' response to the threat posed by "superbugs" remains patchy even after years of warnings, according to the first analysis of individual companies' efforts to tackle the antibiotic resistance crisis. New analysis by the non-profit Access to Medicine Foundation, published on Tuesday, found that GlaxoSmithKline and Johnson& Johnson were...

  • Time is running out for Canada and Mexico to address U.S. demands for major changes to the North American Free Trade Agreement, which President Donald Trump says has damaged the American economy. Officials gathered in a Montreal hotel for the sixth and penultimate round of talks, which are supposed to conclude by the end of March to avoid a clash with Mexico's...

  • BRASILIA, Jan 23- Latin American currencies weakened on Tuesday as concerns over potential U.S. protectionism lifted the U.S. dollar from an early-year selloff. China and South Korea condemned the measure, with Seoul set to complain to the World Trade Organization over the "excessive" move. "Risk aversion appears to be dominating as market participants consider...

  • Jan 23- JPMorgan Chase& Co unveiled a $20 billion investment plan on Tuesday to hike wages, hire more, open new branches and expand its business as it takes advantage of sweeping changes to the U.S. tax law and a more favorable regulatory environment. In the most explicit use of tax savings announced by any major bank, JPMorgan said it would raise wages for 22,000...