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INSIGHT-Ashley Madison courted several buyers, landed none before attack

TORONTO, Aug 28 (Reuters) - The owner of adultery website Ashley Madison had already been struggling to sell itself or raise funds for at least three years before the publication of details about its members, according to internal documents and emails also released by hackers as part of their assault on the company in recent weeks. Some unnamed investors wanted out, multiple attempts to close ...
Source: Reuters | By: Allison Martell and Alastair Sharp
UPDATE 1-Uber hires two security researchers to improve car technology

(Adds comment from Uber and background on Uber's investments into self-driving vehicles) SAN FRANCISCO, Aug 28 (Reuters) - Uber Technologies Inc has hired two top vehicle security researchers, the company said on Friday, additions to its staff that come as the ride-hailing service ramps up its work on technology for self-driving cars. Charlie Miller, who had been working at Twitter Inc , and ...
Source: Reuters | By: Joseph Menn and Heather Somerville
GLOBAL MARKETS-Wild week for markets ends quietly

* U.S., European equities mostly edge higher * China central bank injects liquidity into market * Oil rallies again after strong surge on Thursday * U.S. dollar rises on economic outlook as calm returns (Adds close of U.S. markets) NEW YORK, Aug 28 (Reuters) - A volatile ride for global markets this week ended calmly on Friday even as lingering worries over Chinese economic growth and the ...
Source: Reuters | By: Herbert Lash
Build a winning clientele by being choosy

Jim Adkinson, an accountant in Orlando, Fla., has a litmus test for when it's time to part ways with a client: If he sees the caller I.D. and can't bear to pick up the phone. Another tipping point: If a customer repeatedly refuses to heed his advice or becomes too frustrating to deal with, he fires them. Turning away sales can feel like sacrilege for business owners, especially when their ...
Source: The New York Times | By: Caitlin Kelly
Cream of Wheat owner to buy Green Giant: Sources

Snack food company B&G Foods (NYSE: BGS) is in late-stage discussions to acquire General Mills' (NYSE: GIS) Green Giant frozen and canned vegetable business, people familiar with the matter said on Thursday. If B&G prevails in the auction for Green Giant, it would expand beyond its shelf-stable snack food into the frozen food aisle. Its negotiations with General Mills are ongoing and there is ...
Source: Reuters
Your first look for Friday, August 28

The " Fast Money " traders highlighted the areas on their radar following another wild ride in the stock market. Tim Seymour was watching commodities (NASDAQ: COMT). Brian Kelly was focused on the bond market (NYSE Arca: TLT). Karen Finerman had her eye on oil (New York Mercantile Exchange: @CL.1). Guy Adami put F (NYSE: FCX)reeport-McMoRan (NYSE: FCX) on his watch list. It comes after ...
Source: CNBC.com | By: Stephanie Landsman
AIG seeking $1.76 bln in 'life settlements' trial in New York

NEW YORK, Aug 26 (Reuters) - An American International Group Inc unit on Thursday asked a federal judge to order a Pennsylvania firm to pay it $1.76 billion in damages for allegedly overcharging for life insurance policies acquired from elderly individuals. At the outset of a trial in Manhattan federal court, a lawyer for AIG's Lavastone Capital accused Coventry First of artificially inflating ...
Source: Reuters | By: Joseph Ax
FDA warns 3 tobacco product makers over labeling

Aug 27 (Reuters) - The U.S. Food and Drug Administration said it had issued warning letters to three tobacco product manufacturers, including the maker of Natural American Spirit cigarettes, over labels claiming the products were "additive-free" or "natural". This is the first time the FDA has pulled up companies for marketing tobacco products with "modest-risk" claims that are not backed by ...
Source: Reuters
FDA issues warning letters to "natural" tobacco makers

NEW YORK (AP) - The Food and Drug Administration issued warning letters to the makers of Winston, Natural Spirit and Nat Sherman cigarettes over their "additive-free" and "natural" label claims. The agency issued the warnings to ITG Brands LLC, Santa Fe Natural Tobacco Company Inc. and Sherman's 1400 Broadway N.Y.C. Ltd. The issue over the claims is that they may lead consumers to believe the ...
Source: The Associated Press
GLOBAL MARKETS-Stock markets diverge, crude falls as China jitters persist

* Wall Street rises but European stocks end down * China stock indexes give up early gains to close down * Commodities: oil, copper and gold decline * U.S. crude settles down 1.8 pct, below $39 * Dollar trades up slightly, U.S. treasuries turn lower (Updates with European markets close) NEW YORK, Aug 26 (Reuters) - Wall Street was sharply higher on Wednesday while European shares and ...
Source: Reuters | By: Sinead Carew