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  • *Fred Hassan to become nonexecutive chairman in January. Oct 5- Avon Products Inc said Executive Chairman Andrea Jung, who was replaced as chief executive officer in April, would step down from the board at the end of 2012, ending what became a tumultuous tenure in recent years and sending the company's shares up nearly 6 percent.

  • Labor Secretary Hilda Solis, in response to questions from a television anchor casting doubt on the validity of the latest jobless rate figures, said the idea it was manipulated is "ludicrous." "I'm insulted when I hear that, because we have a very professional civil service organization.

  • NEW YORK-- An analyst reiterated his "Buy" rating on plane maker Boeing Co. Friday, noting a recent pullback in the stock and an improving mix of aircraft deliveries. Boeing delivered 10 new Apache attack helicopters, 18 Chinook cargo helicopters and 12 F-18 fighter-bomber jets in the third quarter.

  • CHICAGO-- A federal judge sentenced former Illinois powerbroker William Cellini to a year in prison Thursday for conspiring to shake down a movie producer, capping off the last trial to stem from the investigation of former Gov.

  • Oct 5- Avon Products Inc said on Friday that Executive Chairman Andrea Jung, who was replaced as chief executive officer in April, has decided to step down from the board at the end of 2012, ending what became a tumultuous tenure in recent years. Fred Hassan will become Avon's nonexecutive chairman on Jan. 1.

  • Oct 5- Avon Products Inc said on Friday that Executive Chairman Andrea Jung, who was replaced as chief executive officer in April, will step down from the board at the end of 2012..

  • *Supportive U.S. data offset by weak China, Europe reports. NEW YORK, Oct 5- Oil prices fell on Friday and headed for a weekly loss as a fragile global economy and uncertainty about Europe's debt crisis countered any support from a better-than-expected U.S. employment report.

  • TOKYO, Oct 5- Japan's Nikkei stock average is likely to tread in range on Friday, as investors wait for the outcome of a Bank of Japan policy meeting due during trading hours, as well as key U.S. jobs data later in the day. closed at 8,845 on Thursday, up 0.1 percent from the Osaka.

  • Oct 4- The Federal Reserve appears to be moving toward adopting specific numerical thresholds for inflation and joblessness as guideposts for monetary policy. Most policymakers think doing so would be a useful step, minutes from the Fed's September policy-setting meeting showed.

  • The informant, a Wall Street banker who remained anonymous to protect his career, previously received two other million-dollar payouts from the IRS, said his attorney, Erika Kelton, with Phillips& Cohen in Washington. His reward last week could have been larger if his claims were brought forward under newer IRS whistleblower rules revamped in 2006, she said.

  • *Middle East tensions, Turkey strikes at Syria lift oil. NEW YORK, Oct 4- Oil prices jumped 4 percent on T hursday as inflamed Middle East tensions stoked supply fears and U.S. gasoline futures rallied following a fire at the largest operating refinery in the United States.

  • LOS ANGELES/ CHICAGO, Oct 4- Walmart employees affiliated with a union-backed group walked off the job in Los Angeles on Thursday, protesting conditions at the world's largest retailer, which promptly defended itself, saying the "publicity stunt" was not having an impact on its business. unfair labor practices by Wal-Mart Stores Inc, sponsors of the action said.

  • WASHINGTON-- The Federal Reserve wants to find a clearer way to signal to the public when it might start raising interest rates. Most members agreed at the Sept. 12-13 meeting that linking a future rate increase to a level of unemployment or some other numeric target could be useful.

  • Total Cost: $57,580Tuition: $44,176Room & Board: $12,782Fees: $622Bard College is a liberal arts institution in Duchess County, New York.  it ranked no. 8 on Campus Grotto’s list, but this year Bard has fallen two spots to no. 10, despite increasing its asking price by almost $2,000.The  for 2012-2013 is $57,580 for a returning student. First-year students are subject to an additional $1,490 in fees, including meal charges, security deposit and ID card.

    According to Campus Grotto's just-released report on the 2012-2013 year, the top 10 colleges all have an average total cost of more than $55,000 per year.

  • CHICAGO-- Chicago Board of Education President David Vitale says he's pleased that teachers ratified a new contract. The Chicago Teachers Union announced Wednesday night that 79 percent of the union's membership had voted in favor of the contract. Teachers walked off the job Sept. 10, idling about 350,000 students for seven days.

  • *Middle East tensions, Turkey strikes at Syria lift oil. NEW YORK, Oct 4- Oil prices jumped 4 percent on T hursday as inflamed Middle East tensions stoked supply fears and U.S. gasoline futures rallied following a fire at the largest operating refinery in the United States.

  • LOS ANGELES/ CHICAGO, Oct 4- Walmart employees affiliated with a union-backed group walked off the job in Los Angeles on Thursday, protesting working conditions at the world's largest retailer, which promptly defended itself, saying the "publicity stunt" was not having an impact on its business.

  • CHICAGO-- Several environmental groups want the Illinois Pollution Control Board to order Midwest Generation to clean up groundwater pollution that allegedly leached from coal-ash ponds at four of the company's power plants.

  • Oct 4- The U.S. Food and Drug Administration said it has cracked down on thousands of online pharmacies for selling potentially unsafe, unapproved or fake medicines, including the erectile dysfunction drug Viagra and antiviral Tamiflu.

  • Oct 4- Li& Fung Ltd, a global supplier of apparel, is in advanced talks to buy Synergies Worldwide, a small, New York- based supplier, a source familiar with the matter said on Thursday. The move would help Hong Kong- based Li& Fung gain a better foothold in the fast fashion and discount clothing space.