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Wires

  • WASHINGTON, Nov 21- U.S. home sales increased more than expected in October as hurricane-related disruptions eased, but a chronic shortage of houses which is pushing prices beyond the reach of some first-time buyers remains an obstacle. The NAR said sales in Houston and Jacksonville, regions which bore the brunt of Hurricanes Harvey and Irma, had rebounded.

  • CARACAS, Nov 21- Venezuelan authorities on Tuesday arrested the acting president of its U.S.-based refiner Citgo and five of the subsidiary's top executives as part of a spiraling corruption purge in the OPEC country's oil industry. In the case of Texas- based Citgo, Saab told a news conference that his office had uncovered a roughly $4 billion planned deal with...

  • *Agency will vote on rescinding Obama-era rule on Dec. 14. WASHINGTON, Nov 21- The head of the U.S. Federal Communications Commission unveiled plans on Tuesday to repeal landmark 2015 rules that prohibited internet service providers from impeding consumer access to web content in a move that promises to recast the digital landscape. FCC chief Ajit Pai, a...

  • WASHINGTON, Nov 21- The U.S. International Trade Commission on Tuesday called for a tariff-rate quota on imported Samsung and LG brand washers after appliance giant Whirlpool Corp urged the imposition of "global safeguard" limits on its South Korean rivals to stop them from flooding the American market with cheap machines. The ITC recommended an additional...

  • FCC Chairman Ajit Pai, in a notice to the four other members of the commission, asked that an initial vote be cast to begin a process to decide if the existing ownership cap should be eliminated or raised, the agency said. There is debate about whether the FCC has the legal authority to set the cap, designed to ensure that one company does not acquire an overwhelming...

  • As part of that strategy, the Times is considering 10 to 15 areas including parenting, wellness, beauty and fashion where it can offer separate subscriptions, said Alex MacCallum, recently appointed head of the Times' new products and ventures division, in an interview with Reuters. The plans follow the introduction of a digital subscription for unlimited...

  • Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation, said the plan goes too far. IndyMac, a mortgage lender based in California, went under in 2008 and was the most expensive bank failure in FDIC history with a $12 billion cost to the agency. The FDIC stands behind bank customers by insuring their deposits.

  • *Gas exporting countries hold summit in Bolivia this week. SANTA CRUZ, Bolivia, Nov 21- Top officials of major gas producing countries are meeting this week in Bolivia to weigh how to shore up prices that have been hammered by expanding supplies of the fuel that are giving global buyers greater sway over purchase and contract terms. The four-day meeting is...

  • BOSTON— Advocacy groups have sued Hulu in an effort to force the subscription streaming service to provide an audio track that helps people who are blind and visually impaired enjoy TV shows and movies. The federal lawsuit filed in Boston on Monday accuses Hulu of violating the Americans with Disabilities Act for failing to make its services accessible to...

  • ITC RECOMMENDS ADDITIONAL TARIFF RATE OF 50 PERCENT ON IMPORTED LARGE RESIDENTIAL WASHERS.

  • Nov 21- CBS News said on Tuesday it had fired Charlie Rose, one of the most prominent American interviewers, the day after the Washington Post reported the television host had sexually harassed eight women. The "Charlie Rose" show was broadcast on PBS and Bloomberg TV. "A short time ago we terminated Charlie Rose's employment with CBS News, effective immediately," CBS...

  • ITC ACTION ON IMPORTED WASHERS WOULD PROTECT WHIRLPOOL FROM SOUTH KOREAN RIVALS SAMSUNG AND LG.

  • INTERNATIONAL TRADE COMMISSION HAS RECOMMENDED TARIFF-RATE QUOTA ON LARGE RESIDENTIAL WASHERS IN EXCESS OF 1.2 MILLION UNITS.

  • MEXICO CITY, Nov 21- Mexico's salary commission is set to raise the minimum wage by 10 percent to $4.71 per day, business chamber Coparmex announced on Tuesday, the final day of a round of talks to renegotiate NAFTA that include efforts to improve Mexican worker conditions.

  • Nov 21- CBS News said on Tuesday it had fired Charlie Rose, one of the most prominent American interviewers, the day after the Washington Post reported the television host had sexually harassed eight women. The "Charlie Rose" show was broadcast on PBS and Bloomberg TV. "A short time ago we terminated Charlie Rose's employment with CBS News, effective immediately," CBS...

  • NEW YORK— Neiman Marcus saw a key sales figure rise for the first time in two years. The Dallas- based chain, which operates more than 40 Neiman Marcus stores and two Bergdorf Goodman locations, reported a 4.2 percent increase in comparable revenue during its first fiscal quarter compared to a year ago. CEO Karen Katz says the retailer is attracting new shoppers and...

  • NEW YORK— AT&T is vowing to fight the U.S. government to save its $85 billion bid for Time Warner, after the Justice Department sued to block the deal on grounds it could hike television bills and hamper innovation. Buying Time Warner would give AT&T more video through such cable networks as HBO, CNN and TBS and the Warner Bros. movie studio. AT&T also hopes to use Time...

  • *Oil prices steady ahead of OPEC meeting. Nov 21- Wall Street indexes hit record intraday highs on Tuesday, lifted by technology stocks and healthcare shares, which were boosted by bullish results from medical device maker Medtronic. "It is a return of momentum for the market, with some of positive earnings and recommendations as catalysts," said Eric Wiegand,...

  • The drug had third-quarter sales of $317 million, with annual sales forecast to reach about $5 billion by 2021, according to Thomson Reuters data. The trial was primarily conducted in Europe using the standard first-line regimen there. The median time until disease worsening, known as progression-free survival, was 18.1 months for the standard regimen, while...

  • TRENTON, N.J.— A hotel in New Jersey has agreed to pay a female former housekeeper $35,000 to settle allegations that it paid male workers, including her son, more for performing the same job. In addition to paying Rosa Lopez, Homewood Suites in Edgewater has agreed to state monitoring of its hiring, salary-setting and related complaint-handling processes for two...