United States


  • NASHVILLE, Tenn., Oct 10- Pressure mounted for greater regulation of a little known corner of the pharmaceuticals industry in response to a meningitis scare that widened to 11 states on Wednesday with the first case confirmed in Idaho.

  • BRIEF-PrivateBancorp shares off 5 percent after the bell Wednesday, 10 Oct 2012 | 4:33 PM ET

    NEW YORK, Oct 10- PrivateBancorp Inc:. *Shares off 5 percent after the bell on stock offering, tarp repayment plan. ( (New York Treasury Desk; Tel: 223 6300)).

  • BOSTON, Oct 10- Pharmacy compounder Ameridose LLC, which shares common ownership with the company at the center of the deadly U.S. meningitis outbreak, plans to shut down voluntarily for a week as a precautionary move, according to a person familiar with the situation.

  • *Semgroup Corporation and Gavilon to increase ownership of Glass Mountain. The pipeline will increase in diameter where the laterals intersect near Cleo Springs in Major County, Oklahoma and continue east to Cushing, Oklahoma.

  • NEW YORK, Oct 10- The shares of wireless service provider MetroPCS closed down 4 about percent on Wednesday after a source said Sprint Nextel Corp is still weighing whether to make a counter bid for the company.

  • California gas prices drop by half a penny Wednesday, 10 Oct 2012 | 4:22 PM ET

    LOS ANGELES-- California gas prices dipped half a penny Wednesday, leaving experts split on where they will go next. Gas prices went up 50 cents a gallon between Oct. 1 and Oct. 8, from $4.168 to $4.668, the largest one-week price spike in California history, said AAA spokesman Avery Ash.

  • FedEx details major cost-cutting plan Wednesday, 10 Oct 2012 | 4:22 PM ET

    NEW YORK-- FedEx Corp., the world's second-largest package delivery company, on Wednesday detailed its plan to boost profit by $1.7 billion annually by shedding jobs, aircraft and underused assets. FedEx aims to reach that goal within three years through cost cuts and efficiency improvements.

  • Netflix to caption all content for deaf audience Wednesday, 10 Oct 2012 | 4:15 PM ET

    BOSTON-- Netflix will offer closed captions on all TV and movie content by 2014 after a deaf Massachusetts viewer sued the company. A Netflix spokesman says the company is an industry leader and offering high quality captioning on the more than 1,000 devices on which Netflix is available is a "tall order."

  • CEO of bankrupt oil firm charged in tax case Wednesday, 10 Oct 2012 | 4:14 PM ET

    LOUISVILLE, Ky.-- The CEO of a bankrupt southern Kentucky oil company was indicted Wednesday on federal charges that he failed to pay more than $1.6 million in taxes over two years and with making false statements to a licensed gun dealer.

  • BRIEF-Ellie Mae and DocMagic settle lawsuit Wednesday, 10 Oct 2012 | 4:13 PM ET

    Oct 10- Ellie Mae Inc:. *Ellie Mae and DocMagic announce settlement of lawsuit. court for district of northern California.

  • Energy drink maker plans $25M Indiana expansion Wednesday, 10 Oct 2012 | 4:12 PM ET

    WABASH, Ind.-- An energy drink maker is planning a $25 million expansion that's expected to bring up to 200 new jobs to a northern Indiana city. Living Essentials, the producer of 5- hour ENERGY, announced Wednesday it would build and equip a plant in Wabash with a total of 1 million square feet to be added in phases.

  • NEW YORK, Oct 10- Experimental Alzheimer's drugs from Roche Holding AG and Eli Lilly& Co have been selected for a high-profile clinical trial to test whether it is possible to prevent the brain-wasting disease from developing in at-risk patients.

  • WASHINGTON, Oct 10- The Federal Reserve should adopt a collective economic forecast to help the public understand its thinking better, a senior official at the U.S. central bank said on Wednesday, pointing to a likely next step in the Fed's evolving communication strategy.

  • UPDATE 3-US natural gas futures end mixed, fronts gain Wednesday, 10 Oct 2012 | 4:08 PM ET

    NEW YORK, Oct 10- Front-month U.S. natural gas futures ended higher on Wednesday for a third straight day, with chilly U.S. weather this week stirring demand, but milder Northeast and Midwest weather forecasts for next week helped limit the upside.

  • A Minute With: Philip Seymour Hoffman on "The Master" Wednesday, 10 Oct 2012 | 4:08 PM ET

    NEW YORK, Oct 10- Since the release of director Paul Thomas Anderson's new movie, "The Master", talk by filmgoers and critics alike has spanned its link to Scientology, themes of control and its Oscar hopes.

  • Oct 10- Activist investor Clinton Group said it will no longer push for the sale of women's clothing retailer Wet Seal Inc after winning control of the board last week, but will instead focus on turning the company around.

  • NEW YORK, Oct 10- Last week, New York Attorney General Eric Schneiderman, who is the co-chairman of the Residential Mortgage-Backed Securities Working Group- which President Obama formed earlier this year to investigate who was responsible for the misconduct that led to the financial crisis- filed a complaint against JPMorgan Chase.

  • Dow off 128 after weak reports from Alcoa, Chevron Wednesday, 10 Oct 2012 | 4:06 PM ET

    NEW YORK-- The Dow Jones industrial average is finishing sharply lower after downbeat reports from two stocks in the average, Alcoa and Chevron. Alcoa, the aluminum company, beat Wall Street earnings estimates on Tuesday night but cut its demand expectation for the year, mostly because of a slowdown in China.

  • By Richard Leong and Luciana Lopez. While traders had sold off earlier in the day to prepare for the $21 billion sale of 10- year notes, part of this week's $66 billion in coupon-bearing offerings, Treasuries retraced that lost ground after the auction.

  • *The Dolan Company amends bank agreement, restructures Florida unit and. *Says plans to record a non-cash, pre-tax charge for impairment of these. assets of up to $165 million in Q3.