The latest trade talks yielded results that will benefit sectors like agriculture, as U.S.-China relations gained positive momentum, says Haiyan Wang, Managing Partner at the China India Institute.» Read More
*Warnaco, VF Corp, PVH Corp likely bidders- source. By Juhi Arora and Siddharth Cavale. Oct 10- Premium jeans maker True Religion Apparel Inc, hit by falling sales after a series of fashion missteps, said it may sell itself after attracting interest from potential buyers.
Caris& Co. analyst Scott Tilghman said in a research note Wednesday that Wal-Mart Stores Inc.' s recently announced plans for same-day shipping is not the threat to Amazon.com Inc. that some perceived it to be. Wal-Mart's program offers fewer products and is being offered in five markets, versus the 10 being tested by Amazon.
Oct 10- Eighteen more people have contracted meningitis from potentially tainted steroid injections, and a death was officially confirmed in Florida, bringing the total number killed to 12, the Centers for Disease Control said on Wednesday.
*Sources said Germany opposed the $45 billion aerospace merger. PARIS/ BERLIN/ LONDON, Oct 10- EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and pinned the blame on Germany for wrecking the $45 billion deal.
MADISON, Wis.-- For years, vacationers and farmers across northern Wisconsin and Minnesota have heard the eerie howl of the gray wolf and fretted the creatures were lurking around their cabins and pastures, eying up Fido or Bessie.
Oct 10- The U.S. Internal Revenue Service said on Wednesday that Steven Miller will become acting head of the tax agency after Doug Shulman, the present commissioner, steps down on Nov. 9. Miller is a veteran IRS executive. The commissioner's post is a presidential appointment subject to Senate confirmation.
WASHINGTON, Oct 10- It's time to watch Washington to see just how bad your New Year's eve is going to be. Beginning on January 1, there's a new 3.8 percent surtax on investment income for people earning more than $200,000.
NEW YORK-- The Federal Trade Commission said Wednesday that credit reporting firm Equifax Inc. will pay $393,000 to resolve allegations it broke the law by selling lists of consumers who were late on their mortgage payments. The agency said Equifax and Direct Lending Source violated the FTC Act and the Fair Credit Reporting Act.
Oct 9- An Austrian adventurer will have to wait at least until Sunday to skydive from a balloon flying 23 miles above New Mexico in an attempt to break a long-standing freefall record and the sound barrier. Felix Baumgartner, 43, had hoped to make the jump on Thursday following two delays this week because of high winds in Roswell, New Mexico.
WASHINGTON-- Stronger housing markets helped boost economic growth at the end of the summer in nearly every region of the United States, according to a Federal Reserve survey released Wednesday. The Fed said growth improved in 10 of its 12 regional banking districts from mid-August through September, while leveling off in one region and slowing in another.
PHILADELPHIA-- For a year the Joker's been out of sight, out of mind and out of trouble. That changed Wednesday in the pages of "Batman" No. 13, when the clown prince of crime returned to Gotham with a mission to help Batman become a better man, even if it means going after everyone and everything that the Dark Knight and his alter ego, Bruce Wayne, hold dear.
Oct 10- A private catastrophe bond has been listed on the Channel Islands Stock Exchange, the first time such a deal has been made fully tradable in the secondary market. The California Earthquake Authority and reinsurance firm Solidum Partners set up a special purpose vehicle in Guernsey to issue cat bond notes through a transformer reinsurance contract.
NEW YORK-- Shares of Chevron Corp. plunged Wednesday after the oil giant said its third-quarter earnings are expected to be "substantially lower" than in the second quarter. In addition, results from refining and marketing dropped after a fire damaged Chevron's refinery in Richmond, Calif., and Hurricane Isaac disrupted production at a refinery in Mississippi.
Claire McCaskill took aim Wednesday at Republican challenger Todd Akin with a new series of TV ads featuring rape survivors outraged by Akin's remark about "legitimate rape" and his opposition to emergency contraception.
NEW YORK-- Shares of Monster Beverage Corp. fell Wednesday after a Stifel Nicolaus analyst lowered his rating on the energy drink maker, citing slowing sales growth and regulatory risks.
MINEOLA, N.Y.-- Justin Bieber appears in a new anti-cyberbullying video released Wednesday by a New York prosecutor as part of a plea deal resolving misdemeanor charges against one the pop star's managers and a record executive, stemming from a mall fan frenzy in 2009..
PARIS-- He fires up the succulent pork over gnarled, carbonated pig bones, grows sweet greens in a soil mixed with pumice left over by the hazelnut oil industry and he's creating a new kind of wheat, named after himself _ Barber. But Dan Barber, the prize-winning American chef, insists he's not an ecologist who likes to cook.
NEW YORK, Oct 10- Sprint Nextel Corp is holding off on deciding whether to make a bid to buy MetroPCS Communications Inc as it continues to weigh its options, a source familiar with the matter said on Wednesday. Sprint's board met on Friday to discuss a potential bid for the smaller company, another source familiar with the matter told Reuters.
NASHVILLE, Tenn.-- A Nashville judge has delayed a public intoxication and vandalism case against two-time Olympic gold medalist Shaun White. The 26- year-old snowboarder was accused of pulling the fire alarm and destroying a phone at a Nashville hotel.
*Turkey warns Syria about cross-border shelling. NEW YORK, Oct 10- Brent crude prices edged up on Wednesday in volatile trading, as concerns about the security of Middle East supplies amid escalating tensions over Syria helped offset fears that slowing economic growth will curb demand for petroleum.