Simon Grose-Hodge, Head of Investment Advisory at LGT Bank, says central bank governor Haruhiko Kuroda has proved that he's committed to unleashing more stimulus.» Read More
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, 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.
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.
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.
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.
*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.
LOS ANGELES-- California gas prices dipped slightly Wednesday after surging more than 40 cents a gallon in the past week. The weeklong spike was the largest, single-state weekly increase since Hurricane Katrina, and the highest weekly increase in California history, AAA spokesman Avery Ash said.
WASHINGTON-- Nearly all regions of the United States are reporting that stronger housing markets have helped boost economic growth since the middle of August, according to a survey by the Federal Reserve. The Fed says growth improved in 10 of its 12 regional banking districts, while leveling off in one region and slowing in another.
SOUTH PORTLAND, Maine-- Representatives from 35 airports and a dozen airlines are in Maine discussing the future of airline services. The two-day Eastern Airports Conference is being held Wednesday and Thursday at the Marriott at Sable Oaks in South Portland.
WASHINGTON-- Thousands of motorists may be driving cars and trucks installed with dangerous counterfeit bags and they should have them replaced at their own expense, the Obama administration warned Wednesday.
NEW YORK, Oct 10- U.S. stocks extended their decline on Wednesday, with the Dow industrials briefly down 1 percent, weighed by a sharp retreat in shares of Chevron and Alcoa. The Dow Jones industrial average fell 125.20 points, or 0.93 percent, to 13,348.33. The S&P 500 lost 9.04 points, or 0.63 percent, to 1,432.44.
NEW YORK-- There's a fresh push to get Holly Golightly onto a Broadway stage. Producers said Wednesday that a new adaptation of "Breakfast at Tiffany's" is aiming for a Shubert theater in New York City in February 2013.
ALLEGAN, Mich.-- Perrigo Co., which makes store-brand over-the-counter drugs and infant formulas, said Wednesday that it received approval from the U.S. Food and Drug Administration to market an over-the-counter nicotine product similar to Nicorette mini lozenges.