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Wires

  • TRENTON, N.J.— Motorists are paying a few cents less at the pumps in New Jersey. Motorists were paying $2.03 for gas in New Jersey at this time last year. This marks the sixth straight week that gas prices have fallen in New Jersey.

  • *China set to meet 6.5 pct GDP growth target- NDRC head. BEIJING, Oct 21- China's economy is on track to meet its official growth target for 2017, the head of the state planning agency said on Saturday, despite a punishing war on pollution which is expected to slash industrial output over the winter months. "We expect to achieve the full-year growth target of about 6.5...

  • BARCELONA, Spain— The Latest on Catalonia's effort to break away from Spain and the Spanish government's response::. In the streets of Barcelona, banging pots and pans and honking cars greeted Prime Minister Mariano Rajoy's announcement Saturday that the central government wants to replace the regional cabinet to block its bid to break away from Spain.

  • BEIJING, Oct 21- The economic impact of China's tough campaign against smog this winter is expected to be limited, a senior state planning official said on Saturday. "Measures to fight pollution don't have a big impact on economic growth," Zhang Yong, vice-chairman of the National Development and Reform Commission, told reporters during a briefing.

  • Spanish Prime Minister Mariano Rajoy said after a special Cabinet session that he wants the Senate to allow central ministers to take over functions from all the regional Cabinet members and give him the power to call regional elections— something that only Catalonia's top leader can do now. Rajoy's party enjoys a majority in the Senate and he has the backing...

  • BEIJING, Oct 21- China will introduce measures aimed at guiding private investment into areas that have a higher growth potential, a senior official with the state planning agency said on Saturday. China also would take steps to lower the investment threshold for private investors, said Zhang Yong, the vice-head of the National Development and Reform...

  • *China set to meet 6.5 pct GDP growth target- NDRC head. BEIJING, Oct 21- China's economy is on track to meet the official growth target for 2017, the head of the state planning agency said on Saturday. "We expect to achieve the full-year growth target of about 6.5 percent," He Lifeng, chairman of the National Development and Reform Commission, told a briefing on the...

  • BEIJING, Oct 21- China's economy is on track to meet the official growth target for 2017, the head of the state planning agency said on Saturday. "We expect to achieve the full-year growth target of about 6.5 percent," He Lifeng, chairman of the National Development and Reform Commission, told a briefing on the sidelines of China's Communist Party Congress.

  • The dismissal of top electoral prosecutor, Santiago Nieto, came two days after he accused Emilio Lozoya, the former boss of state oil firm Pemex, and a longtime ally of President Pena Nieto, in a newspaper interview of writing to him to ask to be declared innocent of funneling Odebrecht cash to political campaigns. President Pena Nieto's party, the Institutional...

  • WASHINGTON, Oct 20- President Donald Trump is considering nominating Federal Reserve Governor Jerome Powell and Stanford University economist John Taylor for the central bank's top two jobs, in an apparent bid to reassure markets and appease conservatives hungry for change. Under that scenario, either Powell or Taylor would take the reins from Fed Chair...

  • EAST LANSING, Mich.— Dan Gilbert knows Detroit is vying against a slew of cities to lure Amazon's second headquarters. You also have a huge, deep talent base in Canada and special universities. " Detroit Mayor Mike Duggan asked Gilbert to put the proposal together on behalf of the region.Gilbert said a "big, thick proposal with pictures" was delivered to Amazon on...

  • Oct 20- A California judge on Friday threw out a $417 million verdict against Johnson& Johnson in a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products like Johnson's Baby Powder for feminine hygiene. The ruling by Los Angeles Superior Court Judge Maren Nelson marked the latest setback facing women and family...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 23- Oct Belgium OLO auction 24- Oct United States Sale of 2- year notes 24- Oct United Kingdom Auction of 0 5/ 8% Index-linked Treasury Gilt 2042 25- Oct United States Sale of 2- year floating rate notes 25- Oct United States Sale of 5- year notes 25- Oct Germany Auction of 10-...

  • **FRANKFURT- Welcome address by ECB Chief Economist Peter Praet at the ECB conference on Credit, Banking and Monetary Policy in Frankfurt, Germany 0700 GMT. **LONDON- Participation by ECB Bank Supervisory Chief Daniele Nouy in "Everything is connected the international dimension of banking regulation and supervision" at the Centre for European Law organized by...

  • Oct 20- Tesla Inc said on Friday it has increased its borrowing capacity for a car lease program to $1.1 billion from $600 million. The move comes as the electric car maker spends heavily to fix production bottlenecks of its new Model 3 sedan. In August, Tesla said it would raise about $1.5 billion through its first-ever offering of junk bonds as it seeks fresh...

  • WASHINGTON— Federal Reserve Chair Janet Yellen on Friday defended the central bank's extraordinary efforts to fight the Great Recession and said they might be needed again. During the recession, the Fed pushed short-term interest rates to zero. "The U.S. economy has made great strides," Yellen said in a speech Friday at a gathering of the National Economists Club...

  • CHICAGO, Oct 20- Monsanto Co sued Arkansas agricultural officials on Friday to stop a proposed summer ban on a weed killer linked to widespread crop damage beyond the major farm state's borders. To prevent damage, the Arkansas plant board advanced a proposal at a September meeting that put the state just one step away from banning dicamba sprayings after April...

  • SAO PAULO, Oct 20- The judge overseeing phone carrier Oi SA's bankruptcy case agreed on Friday to give creditors and the company more time to reconcile competing restructuring proposals, 16 months into Brazil's largest in-court reorganization. Others, all holding claims on debt-laden Oi, included the Ad Hoc Group of Oi Bondholders, Banco do Brasil, state...

  • Drugmaker GlaxoSmithKline said the Food and Drug Administration approved it late Friday. Studies paid for by Glaxo found it prevents shingles in about 90 percent of people. The U.S. Centers for Disease Control and Prevention, though, recommends vaccination for those 60 or older, partly because it loses effectiveness over time.

  • Oct 20- The chief executive of Canadian retailer Hudson's Bay Co, Gerald Storch, abruptly resigned on Friday, at a time when the department store company is in the middle of a strategic review and struggling to turn around sales. Storch will step down effective Nov. 1 to return to his advisory firm Storch Advisors, Hudson's Bay said in a statement.