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Exclusive: Intellectual Ventures curbs patent buying amid fund-raising effort

By Dan Levine SAN FRANCISCO (Reuters) - Intellectual Ventures, a multi-billion-dollar firm that virtually invented a new market for patents and inventions, has curtailed its patent buying in the past few months, according to sources familiar with its patent market activity, as it seeks to raise new funds. Created in 2000, Intellectual Ventures to date has raised about $6 billion and acquired … [Read more...]

Montana Democrats get Senate candidate

HELENA, Mont. (AP) — Montana Lt. Gov. John Walsh will run for the U.S. Senate in 2014, his campaign said Thursday, giving Democrats the high-profile candidate they've been scrambling for in a bid to keep the seat they've held for decades. … [Read more...]

Italian prosecutors seek JPMorgan indictment for Paschi-Antonveneta deal

FLORENCE, Italy (Reuters) - Siena prosecutors requested that JPMorgan Chase & Co stand trial for obstructing regulators as part of a wider probe into Banca Monte dei Paschi di Siena's purchase of Banca Antonveneta , said a judicial source. Prosecutors allege JPMorgan withheld information from Italian regulators about a 1 billion euro ($1.36 billion) financing the New York-based bank arranged … [Read more...]

House advances Iraqi visas legislation

WASHINGTON (AP) — A measure to provide special visas for Iraqis who risked their lives to help the United States is one step closer to securing President Barack Obama's signature. … [Read more...]

White House meeting yields no progress on shutdown

WASHINGTON (AP) — President Barack Obama brought congressional leaders to the White House on Wednesday for the first time since a partial government shutdown began, but there was no sign of progress toward ending an impasse that has idled 800,000 federal workers and curbed services around the country. … [Read more...]

Obama seeks to strike a balance during shutdown

WASHINGTON (AP) — Attend a black-tie gala? No. Meet with business leaders who oppose a government shutdown? Yes. Jet off to Asia for a four-country tour? Maybe, but shorten the trip and keep the option to cancel. … [Read more...]

Government shutdown’s hit magnified for tribes

CROW AGENCY, Mont. (AP) — American Indian tribes have more than access to national parks on the line with the government shutdown, as federal funding has been cut off for crucial services including foster care payments, nutrition programs and financial assistance for the needy. … [Read more...]

Obama, lawmakers meet on shutdown’s 2nd day

WASHINGTON (AP) — President Barack Obama brought congressional leaders to the White House on Wednesday for the first time since a partial government shutdown began, but there were no signs of progress toward ending an impasse that has idled 800,000 federal workers and curbed services around the country. … [Read more...]

The numbers that show how essential an agency is

WASHINGTON (AP) — NASA may have the Right Stuff, but it's not essential. … [Read more...]

New sanctions likely despite thaw in US-Iran ties

WASHINGTON (AP) — U.S. lawmakers from both parties have expressed a willingness to give President Barack Obama's outreach to Iran a chance to end to Tehran's nuclear standoff with the West, but at the same time they are crafting tough new U.S. economic sanctions to further isolate the Islamic republic. … [Read more...]

Obama: ‘I’m exasperated’ over government shutdown

WASHINGTON (AP) — So how does President Barack Obama feel about the 2-day-old government shutdown? … [Read more...]

Obama promotes health exchanges ahead of kickoff

WASHINGTON (AP) — President Barack Obama is promoting the benefits of his health care law before new insurance exchanges open for business next week. … [Read more...]

Turkish security forces recapture Kurds who tunneled out of jail

DIYARBAKIR, Turkey (Reuters) - All 18 Kurds who broke out of a prison by digging a 70-metre tunnel in southeastern Turkey have been caught, officials said. The escapees, who were either convicted of, or charged with having ties to the illegal Kurdistan Workers Party (PKK), escaped on Wednesday from a prison outside the city of Bingol. Security forces captured them in a mountainous, wooded area … [Read more...]

Uralkali CEO moved to house arrest in Belarus: lawyer

MINSK (Reuters) - The chief executive of Russian potash producer Uralkali has been moved from jail to house arrest in Belarus, signaling that a diplomatic spat over the collapse of a sales cartel could be nearing an end. Vladislav Baumgertner was detained while visiting Belarus on August 26, about a month after Uralkali withdrew from a marketing alliance with state-owned miner Belaruskali, an … [Read more...]

Lawmakers seek to fix ‘terrorist lottery loophole’

WASHINGTON (AP) — Lawmakers who oversee U.S. intelligence agencies are working to expand the government's spying powers to allow it to continue electronically monitoring terror suspects who travel to the U.S. if they are already under surveillance overseas by the National Security Agency. … [Read more...]

House GOP considers options on possible shutdown

WASHINGTON (AP) — Pressure is building on fractious House Republicans over legislation to prevent a partial government shutdown, as the Democratic-led Senate is expected to strip a tea party-backed plan to defund Obamacare from the bill. … [Read more...]

Government shutdown wouldn’t stop Obamacare

WASHINGTON (AP) — Republicans pulling on the budget thread can't neatly unravel President Barack Obama's health care law. … [Read more...]

Postal rate hike proposal faces Senate scrutiny

WASHINGTON (AP) — The Postal Service's proposal to raise the price of mailing a letter to 49 cents is sure to face scrutiny from lawmakers as a Senate panel considers bipartisan legislation to overhaul the cash-strapped agency. … [Read more...]