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  • Stocks rebound...Oil edges down... USDA: Less profitable year for farmers
    Associated Press | August 26, 2015 2:36 pm
    Stocks are closing sharply higher, giving the stock market its best day in nearly four years. Stocks are rebounding from a six-day slump. The Dow vaulted 619 points, or 4 percent today. The S&P 500 index jumped nearly 73 points, or 3.9 percent, the biggest gain for the index since November, 2011. The Nasdaq composite surged 191 points, or 4.2 percent.
  • Schlumberger buying Cameron International in $12.71B deal
    Associated Press | August 26, 2015 2:20 pm
    Schlumberger is buying Cameron in a cash-and-stock deal valued at about $12.71 billion that would create an oilfield equipment and service powerhouse.
  • Farm profits to fall second consecutive year
    Associated Press | August 26, 2015 1:53 pm
    It will be a less profitable year for farmers as low grain, milk and hog prices cut into income, U.S. Department of Agriculture officials say.
  • Monsanto abandons takeover bid for Swiss rival Syngenta
    Associated Press | August 26, 2015 1:52 pm
    Agricultural business giant Monsanto is abandoning its takeover bid for competitor Syngenta AG after the Swiss chemical producer rejected its latest offer of nearly $47 billion.
  • Cascadian Farm frozen green beans recalled due to listeria
    Associated Press | August 26, 2015 1:49 pm
    General Mills is recalling about 60,000 packages of its Cascadian Farm frozen green beans after one package tested positive for listeria.
  • Facebook testing its own virtual assistant in messaging app
    Associated Press | August 26, 2015 1:49 pm
    Facebook is the latest technology company to offer users a virtual assistant service.
  • Oshkosh and Abercrombie are big market movers
    Associated Press | August 26, 2015 1:28 pm
    Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
  • AP Source: Ford planning for new small pickup in US
    Associated Press | August 26, 2015 1:05 pm
    Ford is making plans for a return to the small pickup truck market in the U.S. with a new version of the Ranger.
  • Crude falls
    Associated Press | August 26, 2015 12:24 pm
    closing at $38.60 a barrel.
  • FTC: Vemma temporarily shut down for running pyramid scheme
    Associated Press | August 26, 2015 11:52 am
    The Federal Trade Commission said Wednesday that Vemma Nutrition has been temporarily shut down for operating a pyramid scheme that promised college students riches if they sold its nutritional drinks, but most ended up losing money.
  • Stocks rebounding... Monsanto gives up on Sygenta... RadioShack settles on gift cards
    Associated Press | August 26, 2015 11:12 am
    U.S. stocks have rebounded in afternoon trading after slumping for six straight days on concern that growth in China was slowing more quickly than previously thought. The Dow Jones industrial average rose 344 points, or 2.2 percent, to 16,011 as of 2 p.m. Eastern time. The Standard & Poor's 500 index gained 40 points to 1,908. The Nasdaq composite added 101 points to 4,607.
  • Angry Birds maker Rovio plans layoffs in restructuring
    Associated Press | August 26, 2015 9:24 am
    Popular mobile games maker Rovio Entertainment said Wednesday it plans to lay off up to 260 people, or about a third of its workforce, because the company took on "too many things" during the past few years.
  • US durable goods orders up 2 percent in July
    Associated Press | August 26, 2015 9:13 am
    Orders to U.S. factories for long-lasting manufactured goods rose for a second month in July, and demand in a key category that tracks business investment plans jumped by the largest amount in 13 months.
  • 1st enlisted female sub sailors start training in Groton
    Associated Press | August 26, 2015 8:16 am
    The first four of the female enlisted sailors selected for the Navy's "silent service" began training this week at submarine school in Groton, the latest milestone in the elimination of one of the U.S. military's few remaining gender barriers.
  • Stocks higher... Durable goods rise... Schlumberger buying Cameron
    Associated Press | August 26, 2015 7:40 am
    U.S. stocks moved higher in early trading after slumping for six straight days amid concern about a slowing Chinese economy. Investors were also following the latest corporate deal and earnings news. Technology stocks were among the biggest gainers.