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59 minutes ago // Wall Street Journal

business The Price of the Calm After the Storm

Markets are calm this August. Policy makers have ensured that, but distortions are rife.

1 hour ago // Reuters

business CORRECTED-UPDATE 4-FDA recommends Zika testing for all blood donated in U.S.

CHICAGO/TAMPA, Fla., Aug 26 Reuters - The U.S. Food and Drug Administration recommended on Friday that all blood donated in the United States and its territories be tested for Zika virus, as it moves to prevent transmission of the virus through the blood supply.

1 hour ago // Reuters

business VTTI says it resumes operations at Malaysia terminal

SINGAPORE, Aug 27 Reuters - VTTI, the storage unit of world's largest oil trader Vitol, said late on Friday it has resumed operations at its Malaysia terminal ATT Tanjung Bin ATB.

2 hours ago // Wall Street Journal

business Aftershock Complicates Rescue Effort

A strong aftershock on Friday hampered the search for survivors and bodies after a devastating earthquake that left at least 281 people dead, as the mayor of the hardest-hit town pledged to rebuild from the rubble.

2 hours ago // Wall Street Journal

business Vivendi: Why Empire Building Is No Strategy

French media group Vivendi is benefiting from the growth of music streaming, but investments in struggling Italian companies are puzzling.

3 hours ago // Wall Street Journal

business U.S. Corporate Profits Climb as GDP Ticks Down

A key measure of corporate profits rose this spring for a second straight quarter alongside modest growth in the overall economy, though U.S. businesses remain under pressure from global weakness and other forces.

4 hours ago // MSNBC

business Did Colonel Sanders' Nephew Spill KFC's Secret Recipe?

"Many people have made these claims over the years," the company said in denying the recipe published in the Chicago Tribune was accurate.

4 hours ago // Wall Street Journal

business Exxon Mobil Backs Out of Proposed Alaska LNG Project

The company has decided not to invest in the next stage of a planned facility to export liquefied natural gas to Asia.

4 hours ago // Reuters

business BRIEF-Aurora Spine Q2 loss per share $0.01

Q2 loss per share $0.01 Source text for Eikon: Further company coverage: Bengaluru Newsroom

4 hours ago // Reuters

business Wall Street slips in wake of comments by top Fed officials

NEW YORK Reuters - U.S. stocks ended modestly lower after a volatile session on Friday, having bounced between gains and losses as investors wrestled with the likely timing of a U.S. interest rate hike following comments from top Federal Reserve officials.

5 hours ago // VOA

business Poverty Could Hobble Colombia's Anti-drugs Push After Peace Deal

Jose Toconas picks at branches hanging in rows from the roof of his marijuana drying house and smells their spiky flower buds. In two days he will strip them from their stems, trim the dark green florets into neat little balls and hand them over to dealers working with Marxist rebels of the Revolutionary Armed Forces of Colombia FARC. "This doesn't make me a drug dealer. I'm a farmer," says Toconas, 45, who earns about 2 million pesos $640 a month growing weed at his small mountain farm

5 hours ago // VOA

business Poverty Could Hobble Colombia's Anti-drug Push After Peace Deal

Jose Toconas picks at branches hanging in rows from the roof of his marijuana drying house and smells their spiky flower buds. In two days he will strip them from their stems, trim the dark green florets into neat little balls and hand them over to dealers working with Marxist rebels of the Revolutionary Armed Forces of Colombia FARC. "This doesn't make me a drug dealer. I'm a farmer," says Toconas, 45, who earns about 2 million pesos $640 a month growing weed at his small mountain farm

5 hours ago // The New York Times

business Breitbart Rises From Outlier to Potent Voice in Campaign

The renegade opinion and news site, once a curiosity of the fringe right wing, is now an increasingly powerful voice for millions of disaffected conservatives.

5 hours ago // The New York Times

business Breitbart Rises From a Curiosity to a Potent Voice in Campaign

The renegade opinion and news site, once a curiosity of the fringe right wing, is now an increasingly powerful voice for millions of disaffected conservatives.

5 hours ago // Reuters

business BRIEF-Apple reports stock award of 1.26 mln shares of common stock to CEO Tim Cook - SEC filing

Apple CEO Tim Cook sold 334,000 shares of co's common stock at prices between 107.07/shr to 107.73/shr between Aug 24 and Aug 25 - SEC filing

5 hours ago // USA Today

business Spyware firm tied to iPhone hack has U.S. ties

A San Francisco-based private equity firm has owned it, and it's touted its spyware chops.

5 hours ago // Wall Street Journal

business HP, HP Enterprise Accused of Age Discrimination in Suit

Four former employees of Hewlett-Packard Co. have filed a lawsuit alleging they were victims of age discrimination as the technology giant pared its workforce in recent years.

5 hours ago // Wall Street Journal

business The Strongman of Instagram: How Chechnya's President Bends Social Media to His Will

The continuous stream of charming, callous and menacing posts by President Ramzan Kadyrov and his supporters shows how social media can be as much a tool of repression as of liberation.

5 hours ago // Wall Street Journal

business Facebook Scaling Back Human Intervention of 'Trending' Feature

Facebook Inc. said Friday it is letting software almost entirely drive what appears in its trending feature, scaling back the human intervention that led to allegations of political bias earlier this year.

6 hours ago // Wall Street Journal

business Republican Congressman Pushes Internet Sales Tax Plan

Rep. Bob Goodlatte must persuade conservatives he isnt pushing a tax increase or a sharp expansion of state power with his newly issued proposal.

6 hours ago // Wall Street Journal

business American Craft Beers Hop Across the Atlantic

Exports to Britain of American craft beersand U.S.-grown hopsare growing as tastes shift, even as mainstream beer volumes continue to fall.

6 hours ago // The New York Times

business Another Fight in the Redstone Family Feud Is Defused

Sumner M. Redstone has agreed to meet with his granddaughter, who joined a lawsuit against him, another step toward ending a persistent family feud.

6 hours ago // The New York Times

business Amtraks Answer for Aging Acela Fleet: 160 M.P.H. Trains

The railroad service is getting a $2.45 billion federal loan to buy 28 high-speed trains, to be made by a French company, for the busy Northeast Corridor.

6 hours ago // Reuters

business UPDATE 1-BP, Shell evacuating some staff from U.S. Gulf on storm threat

HOUSTON, Aug 26 Reuters - Oil giants BP and Royal Dutch Shell said on Friday they have started securing facilities and evacuating non-essential personnel from their drilling rigs and platforms in U.S. Gulf of Mexico as a precaution against a storm threat.

6 hours ago // ABC

business The Colonel's Secret Recipe Revealed? Not So Fast, Says KFC

Has Colonel Sanders' nephew inadvertently revealed to the world the secret blend of 11 herbs and spices behind KFC's fried chicken empire

6 hours ago // Wall Street Journal

business Apple CEO Tim Cook Sells $36 Million From Block of Compensation Stock

Apple Inc. Chief Executive Tim Cook this week received 1.26 million shares of Apple stock, valued around $135 million, that previously were restricted.

6 hours ago // The Province

business Facebook reduces role of human editors in 'trending topics'

SAN FRANCISCO - Facebook is taking new steps to reduce the role of human judgment in its "Trending Topics" feature, which drew controversy earlier this year over claims the service was suppressing conservative views.

6 hours ago // VOA

business Venezuela's Steep Prices, Scarcities Open Way for Cardboard Coffins

When Venezuelan entrepreneurs Alejandro Blanchard and Elio Angulo decided to create cardboard coffins, they were looking for an ecological selling point to compete against classic wood and brass caskets. Three years on, with the oil-rich country mired in deep economic crisis, their "bio-coffins" are becoming a viable option because of high prices for wooden coffins and shortages of brass ones. Blanchard and Angulo are offering their product in funeral homes in Venezuela, home to one of the

6 hours ago // Reuters

business Minnesota sets broadest U.S. limits on chemicals blamed for bee declines

Aug 26 Reuters - Minnesota's governor on Friday ordered the broadest restrictions yet in a U.S. state on the use of agricultural pesticides that have been blamed for hurting bees, fueling concerns that farmers there will not be able to protect crops from insects.

6 hours ago // Los Angeles Times

business Bijan property on Rodeo Drive sells for $19,000 a square foot

The demand for $5,000 handbags and $25,000 suits is slipping amid global turmoil. But enthusiasm for real estateon Rodeo Drive, where such high-end goods are sold, isnt hurting. Instead its setting records. The parent company of Louis Vuitton recently paid $122 million, or $19,405 a square foot,...

6 hours ago // The New York Times

business Yellen Sees Stronger Case for Interest Rate Increase

The Federal Reserve chief, in a speech, pointed to gains in the job market and economic outlook. But the Fed is not expected to act before December.

6 hours ago // The New York Times

business John Ellenby, Visionary Who Helped Create Early Laptop, Dies at 75

Mr. Ellenby founded Grid Systems, where the Compass was produced. It went on to become a tool for big corporations, government spies, White House officials and astronauts.

6 hours ago // Los Angeles Times

business California bans ITT tech from accepting new students

The for-profit college chain ITT Educational Services has beenbanned from accepting new students at its 15 California locations under an emergency decision issued Friday by the state DepartmentofConsumer Affairs Bureau for Private Postsecondary Education. The state will also seek to revoke...

6 hours ago // Reuters

business Sycamore Partners, liquidators bid on bankrupt U.S. teen retailer Aeropostale

NEW YORK Reuters - Bankrupt U.S. teen retailer Aeropostale Inc received bids this week for its business from private equity firm Sycamore Partners, as well as liquidators, firms that wind down businesses, according to people familiar with the matter.

6 hours ago // Reuters

business UPDATE 1-MOVES-Pershing Square's Valeant analyst to exit, Ackman sees stock rising

BOSTON, Aug 26 Reuters - Billionaire investor William Ackman said on Friday that Jordan Rubin, who had worked closely on Pershing Square Capital Management's controversial investment in battered drug maker Valeant Pharmaceuticals, is leaving the hedge fund.

6 hours ago // VOA

business Quiet US Trading Week Comes to Stormy End

U.S. stocks ended Friday on a volatile note, following a week of relatively quiet trade. The catalyst for the move was comments by Federal Reserve Chairman Janet Yellen. The formal topic of her remarks in Jackson Hole, Wyoming The Federal Reserves Monetary Policy Toolkit implied a technical focus on the challenges facing the central bank in an era of tepid growth and low inflation. But then the Fed chief hinted at a bump in interest rates. Yellen noted the case for an i