"The last few decades have shown that Communist Party rhetoric typically doesn't play out in the real world," says an author and former China resident.» Read More
NEW YORK, Oct 9- Make way for open enrollment season, the time of year when those wordy benefits packages stuff your inboxes. Tracy Watts, a partner with benefits giant Mercer, explains what's new for employees in 2013, including the impact of healthcare reform.
--U.S. river cruise operator Viking Cruises Ltd. plans to issue $250 million in senior notes. On Oct. 9, 2012, Standard& Poor's Ratings Services assigned Woodland Hills, Calif.- based river cruise operator Viking Cruises Ltd. its' B+' corporate credit rating.
DANVILLE, Ky.-- Politicians aren't the only ones looking for a debate-related boost when Joe Biden and Paul Ryan go toe-to-toe in Kentucky.
The Irvine, Calif. company said Monday after markets closed that its total revenue rose 9 percent to $448 million, well short of its initial forecast for $465 million to $485 million. It said sales of Sapien heart valves totaled about $124 million, including $55 million in U.S. revenue.
NEW YORK, Oct 9- U.S. natural gas futures edged lower early on Tuesday, as weather forecasts continued to moderate after a chilly weekend in consuming regions. The National Weather Service six- to 10- day outlook issued on Monday called for above-normal temperatures for nearly the entire nation, limiting heating demand.
LONDON, Oct 9- Oil rose to around $113 a barrel on Tuesday after two days of losses, with tensions in the Middle East and the risk of supply disruptions outweighing concerns about sluggish global demand.
The company is one of the largest leaseholders in the Bakken shale region in North Dakota and Montana. Analyst Subash Chandra of Jefferies& Co. said that Continental's plan implies a cost of more than $11,000 per well. Shares of Continental Resources Inc. fell $1.01 to $75.50 in premarket trading.
TOLEDO, Ohio-- Owens Corning trimmed its earnings forecast for the year due to weakness in its roofing and composites businesses. Owens Corning now anticipates adjusted earnings before interest and taxes between $280 million and $310 million. Owens Corning cut its 2012 global glass fiber market demand growth estimate to about 3 percent.
WASHINGTON-- Nine years after the Supreme Court said colleges and universities can use race in their quest for diverse student bodies, the justices have put this divisive social issue back on their agenda in the middle of a presidential election campaign.
Shares of drugmaker Eli Lilly and Co. continued climbing Tuesday before markets opened, a day after the stock's price topped $50 for the first time in more than four years.
WASHINGTON-- Republican presidential candidate Mitt Romney says he has a plan to help people with pre-existing medical conditions get health insurance.
DALLAS-- First-quarter revenue at discount retailer Tuesday Morning rose slightly to $172.8 million, from $170.7 million, in the same quarter last year. Excluding one-time items, Tuesday Morning Corp. it expects its net loss for the quarter to "increase modestly" from the same quarter last year. Shares rose 6 cents to $6.28 in premarket trading.
*Fed to buy $1.75 bln to $2.25 bln in long-dated debt. Treasuries prices rose on Tuesday in advance of a three-year debt sale as safe-haven bids for bonds emerged on anxiety about weak global growth and Greece's ability to meet the terms of a bailout.
Not helping him much is the Republican Party he leads. When talking with unaffiliated voters, "it's more important to sell Romney" than Republican policies, said Jordan McSwain, 19, who makes about 800 phone calls a week for GOP candidates from the central North Carolina town of Salisbury.
PHILADELPHIA-- It's not a reboot or relaunch.
NEW YORK-- An analyst on Tuesday cut shares of power provider Edison International to "Hold," saying the stock won't likely grow enough this year to warrant a "Buy" rating. Paul Fremont of Jefferies& Co. cited uncertainty regarding a pending case on power rates, rising costs and a long-shuttered nuclear plant as major factors in the downgrade.
Oct 9- HD Supply Inc:. HD Supply, Inc. today announced that it intends to commence a private offering of $750,000,000 of Senior Notes due 2020. The Notes will be offered only to qualified institutional buyers pursuant to Rule 144 A and to certain persons outside the United States pursuant to Regulation S, each under the Securities Act.
The diner-style chain said on Tuesday it and regional partner Saleh Bin Lahej Group plan to open 40 restaurants starting next year across the United Arab Emirates, a seven-state federation that includes the cities of Dubai and Abu Dhabi.
A unionized job once meant a secure path to a middle-class life. President Barack Obama has signed a series of executive orders that encourage the use of union labor in federal construction projects, ease union financial reporting requirements and more.
WHITEHOUSE STATION, N.J.-- The drugmaker Merck& Co. announced Tuesday that it will move its global headquarters within New Jersey as it looks to lower operating expenses and consolidate its properties. The company's headquarters are moving about 25 miles east from Whitehouse Station to another Merck site in Summit, which is about 12 miles west of New York City.