NEW YORK (Reuters) – Phillips-Van Heusen Corp said it will buy fashion brand Tommy Hilfiger for about $3.0 billion to boost its international segment.
PARIS (Reuters) – Airbus parent EADS has received no word of any changes to a contest to supply aerial refueling tankers to the United States, the head of Airbus Military said on Monday. A source familiar with Pentagon thinking said on Friday the United States may extend a deadline for bids on its aerial refueling tanker to give EADS an opportunity to consider whether to compete against Boeing on the project.
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EADS has received no word from U.S. on tanker
WASHINGTON (Reuters) – Safety investigators have found no evidence so far to support or disprove a California motorist’s claim his Toyota Motor Corp Prius sped out of control on its own, and cautioned the case may never be explained, U.S. regulators said on Monday.
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U.S. says no explanation yet for Prius California claim
KANSAS CITY (Reuters) – Pork producers attending their annual meeting here are looking for China to be the next major market to open fully to U.S. pork following word this week that certificate problems with Russia have been solved and exports could start soon to that country.
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China seen opening soon to U.S. pork: report
Russia may scrap the ruble and introduce a common currency with Belarus and Kazakhstan as the nations broaden their alliance and seek to reduce reliance on the dollar, First Deputy Prime Minister Igor Shuvalov said.
Russia May Scrap Ruble for New Customs Union Currency (Update1)
WASHINGTON (Reuters) – Two AIG units settled federal charges that they discriminated against black home buyers on fees for mortgages and will pay $7.1 million for restitution and education efforts, the U.S. Justice Department said on Thursday.
CHICAGO (Reuters) – With the economy’s recovery likely to be slow and hampered by tight credit and a cautious consumer, the Federal Reserve is still far from needing to tighten its extraordinarily loose monetary policy, Chicago Federal Reserve Bank President Charles Evans said Thursday.
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Fed’s Evans sees monetary tightening “a ways away”
NEW YORK (Reuters) – Four top executives of Thornburg Mortgage improperly paid themselves handsome bonuses just before the mortgage lender filed for bankruptcy last year, and stole money and ideas from Thornburg to secretly launch a new firm, the bankruptcy trustee in charge of liquidating the lender alleged in a lawsuit.
SAN FRANCISCO (Reuters) – A federal appeals court affirmed on Thursday a contempt finding against Dish Network Corp and EchoStar Corp in their long-running patent case against digital video recorder maker TiVo Inc, sending TiVo shares soaring 52 percent.
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TiVo wins ruling in EchoStar case, shares soar
WASHINGTON (Reuters) – The number of U.S. workers filing for jobless benefits fell last week, but a surprise drop in January pending home sales contracts to a 10-month low underscored the uneven nature of the economic recovery.
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Jobless, productivity data lift recovery hopes
NEW YORK (Reuters) – Stocks clung to tiny gains in afternoon trading on Thursday, retreating from an earlier advance as lower energy prices and an unexpected fall in home sales offset optimism stirred by retailers’ better-than-expected monthly sales.
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Stocks edge up on mixed data; jobs report eyed
SAN FRANCISCO (Reuters) – A federal appeals court affirmed a contempt finding against Dish Network Corp and EchoStar Corp in their long-running patent case against digital video recorder maker TiVo Inc , sending TiVo shares soaring 56 percent.
NEW YORK (Reuters) – U.S. stocks inched higher at midday on Thursday, paring earlier gains, as lower energy prices and an unexpected fall in home sales offset optimism stirred by retailers’ better-than-expected monthly sales.
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Wall St edges higher; Friday’s jobs data awaited
Former management of Yukos Oil Co., once Russia’s largest oil producer, asked a European court to order the country’s government to pay $98 billion over what their lawyer said was a “disguised appropriation” of assets.
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Yukos Seeks $98 Billion in European Human Rights Case (Update1)
NATO played down security concerns in eastern Europe provoked by France’s decision to sell four warships to Russia, which fought a war against would-be alliance member Georgia less than two years ago.
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NATO Plays Down East’s Worry After French Arms Sale to Russia