Seven countries call for EU action to help steel industry *EU producers allege dumping by China. PARIS, Feb 6- Seven countries including France, Britain and Germany have urged the European Union to step up action to relieve an ailing steel industry suffering from tumbling prices and cheap imports from China and Russia. Europe has lost 85,000 steel jobs since 2008, over 20 percent of the workforce, according to the...
Uptick in quakes could prompt action from Oklahoma lawmakers The town of Fairview, in northwest Oklahoma, has been hardest hit, but several large quakes also have rattled the well-to-do suburb of Edmond, including a 4.3- magnitude quake on Dec. 29 and a 4.2 temblor a few days later. "The state's given us nothing other than innuendo about what they think it is," said Fairview resident George Eischen. That includes $387,000 for the...
Source: The Associated Press
| By: By SEAN MURPHY, Associated Press
EXCLUSIVE-With full power at CBS, CEO Moonves sees more aggressive move to digital Advertising is still important for CBS- home of the Super Bowl this year- but the focus is shifting to new revenue streams. He would not say which CBS shows- which include hits such as "The Big Bang Theory" and "The Good Wife"- would be candidates for exclusive distribution on the All Access service, but suggested it would be original content and shows that have an avid fan...
| By: Jessica Toonkel
UPDATE 12-Taiwan quake kills at least 11, fells apartment block *Magnitude 6.4 quake hits southern Taiwan. TAINAN, Taiwan, Feb 6- A powerful earthquake struck Taiwan early on Saturday killing at least 11 people, most in a 17- storey apartment building that collapsed, with at least five people missing in the ruins of the complex as darkness fell, government officials said. An 18- year old man was found alive and conscious shortly...
| By: Faith Hung and Yimou Lee
UPDATE 1-China central bank to fine tune policy, keep yuan stable -Q4 monetary report BEIJING, Feb 6- China will fine tune monetary policy and keep the yuan basically stable while guarding against systemic financial risks, the country's central bank said on Saturday in its fourth-quarter monetary policy report. China will also maintain an appropriate level of liquidity and achieve reasonable growth of money and credit, the People's Bank of...
UPDATE 10-Taiwan quake kills at least seven, fells apartment block *Magnitude 6.4 quake hits southern Taiwan. TAINAN, Taiwan, Feb 6- A powerful earthquake struck Taiwan on Saturday killing at least seven people, most in a 17- storey apartment building that collapsed, with about 35 people still feared trapped there hours into a rescue operation. As a search for survivors in the rubble went on, questions were being raised about the...
| By: Faith Hung and Pichi Chuang
UPDATE 7-Quake fells Taiwan apartment building, at least two dead *Magnitude 6.4 quake hits southern Taiwan. *Taiwan president rushes to the scene. TAINAN, Taiwan, Feb 6- A powerful earthquake toppled a 17- story apartment building in southern Taiwan on Saturday, killing at least two people, including a 10- day-old girl, and triggering frantic efforts to rescue dozens of people feared trapped inside.
| By: Yimou Lee and Pichi Chuang
BlackBerry laying off 200 employees In what appears to be part of its retrenchment from making phones, BlackBerry said on Friday that it has cut 200 jobs. The New York Times reports.
Source: The New York Times
| By: Ian Austen
UPDATE 3-Bridgewater's Dalio calls report about feud with Jensen overblown NEW YORK, Feb 5- Ray Dalio, founder of Bridgewater Associates LP, the world's largest hedge fund, said on Friday that a Wall Street Journal story about a dispute with his heir apparent, Greg Jensen, was overblown. The Wall Street Journal declined to comment. Dalio is chairman and co-chief investment officer of Bridgewater, which has $154 billion in assets under...
| By: Jennifer Ablan and Lawrence Delevingne