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  • Oct 9- New York's cash-hungry Metropolitan Transportation Authority is considering four different plans for bus and subway fare increases that would all raise $232 million a year, a local newspaper said on Tuesday.

  • Lebanon airline employee disciplined over remark Tuesday, 9 Oct 2012 | 11:28 AM ET

    BEIRUT-- An official said Tuesday that an employee of Lebanon's national airline MEA was fired after a passenger complained in a social media campaign that the worker humiliated travelers from the Philippines at the Beirut airport and told them over the loudspeaker, "Filipino people, stop talking."

  • Analyst: Interpublic poised for growth in 2013 Tuesday, 9 Oct 2012 | 11:27 AM ET

    NEW YORK-- A Citi analyst on Tuesday upgraded Interpublic Group of Cos. to "Buy" from "Neutral," saying that the company is poised to rebound next year after a tough 2012.. THE BACKGROUND: Interpublic, along with other advertising companies, had a rough time this year.

  • TEXT-Fitch maintains TDA CAM on watch negative Tuesday, 9 Oct 2012 | 11:25 AM ET

    Oct 9- Fitch Ratings has maintained 26 tranches of 11 TDA CAM transactions, a series of Spanish RMBS transactions on Rating Watch Negative. The notes were initially placed on RWN on 3 April 2012 following the downgrade of Confederacion Espanola de Cajas de Ahorros, which acts as the account bank, basis swap provider and agent in all 11 transactions.

  • Massachusetts gas prices up 4 cents per gallon Tuesday, 9 Oct 2012 | 11:22 AM ET

    BOSTON-- Gasoline prices in Massachusetts have risen four cents in the past week. AAA Southern New England reports Tuesday that a gallon of self-serve, regular is selling for an average of $3.88. The cost in Massachusetts is seven cents above the national average, eight cents higher than a month ago and 47 cents higher than at the same time last year.

  • Lawsuit against Cobalt likely to be dismissed Tuesday, 9 Oct 2012 | 11:21 AM ET

    CHARLESTON, W.Va.-- A lawsuit over Cobalt Coal Co.' s alleged failure to pay mining royalties may soon be dismissed. Cobalt operates the mine featured on Spike TV's one-season reality show "Coal." In August, Encoal Energy and Gopher Land Services sued Cobalt in U.S. District Court in Charleston.

  • Wal-Mart is testing same-day delivery for holidays Tuesday, 9 Oct 2012 | 11:20 AM ET

    NEW YORK-- Wal-Mart is testing a same-day delivery service in select markets for customers who buy popular items online during the holiday shopping season. The tests, which started this month, are taking place in northern Virginia, Philadelphia, Minneapolis and San Francisco and San Jose, Calif. About 5,000 items will be available for the same-day service.

  • Las Vegas home prices up for 8th straight month Tuesday, 9 Oct 2012 | 11:19 AM ET

    LAS VEGAS-- Home prices in the Las Vegas area are up for the eighth month in a row, while the number of homes sold in September is down from a year ago. The Greater Las Vegas Association of Realtors reports Tuesday that the median price of a single-family home sold in September was $140,000, up 1.4 percent from August and nearly 14 percent from last September.

  • Maine energy corridor proposals invited Tuesday, 9 Oct 2012 | 11:19 AM ET

    AUGUSTA, Maine-- The state of Maine is accepting letters of Intent for the possible use of state-owned Interstate 95 and I-295 as corridors for transmitting electricity. State energy Director Ken Fletcher says Maine's Energy Infrastructure Interagency Review Panel is accepting the proposals.

  • U of A wins grant to study biodiesel effects Tuesday, 9 Oct 2012 | 11:17 AM ET

    TUCSON, Ariz.-- Researchers at the University of Arizona have won a $1.4 million grant to study the occupational and environmental health effects of underground mining equipment that runs on biodiesel-blend fuels. The university says mining operators are shifting from diesel to biodiesel-blend fuels in a bid to lower exposure to pollutants.

  • Pure Michigan campaign highlights hunting, fishing Tuesday, 9 Oct 2012 | 11:16 AM ET

    LANSING, Mich.-- The state's Pure Michigan tourism campaign is highlighting hunting and fishing opportunities in the state with a new digital media campaign. The focus will be on fishing through Oct. 22. Hunting ads will then start running until Dec. 5.

  • New show opens Parisian window onto artist Hopper Tuesday, 9 Oct 2012 | 11:16 AM ET

    *France's first major retrospective of Edward Hopper opens in Paris. PARIS, Oct 9- A major retrospective of Edward Hopper opening in Paris overturns some of the cliches about the 20th- century artist, uncovering the French and broader European influences that lie behind his label as the consummate "American" scene-painter.

  • Kids' weight loss program being introduced in La Tuesday, 9 Oct 2012 | 11:15 AM ET

    NEW ORLEANS-- UnitedHealth Group Inc. and the Louisiana Alliance of Boys& Girls Clubs are bringing a 12- month program to help obese and overweight children lose weight. The classes are only for families on the company's Medicaid plan in the New Orleans area. Ann K. Logarbo, chief medical officer for UnitedHealthcare Community Plan of Louisiana.

  • WASHINGTON, Oct 9- The U.S. Supreme Court on Tuesday refused to consider a challenge to a 2008 federal law granting immunity to AT&T Inc and other telecommunications companies for helping the government eavesdrop on customers' private phone conversations.

  • ComEd plans energy efficiency program for disabled Tuesday, 9 Oct 2012 | 11:10 AM ET

    CHICAGO-- ComEd has started an energy efficiency program that is taught by people with developmental disabilities for those with similar issues. ComEd is partnering with eight nonprofit organizations in Chicago and the suburbs that work with the developmentally disabled. ComEd is part of Chicago- based Exelon Corp..

  • NJ asks voters to OK borrowing for campus projects Tuesday, 9 Oct 2012 | 11:09 AM ET

    The campaign has begun in earnest to try to get New Jersey voters to support a $750 million bond issue for campus construction projects at the state's colleges and universities, but it's not clear whether there's going to be any organized opposition.

  • Arkansas' Smith restructured payment schedule Tuesday, 9 Oct 2012 | 11:07 AM ET

    FAYETTEVILLE, Ark.-- Arkansas coach John L. Smith appears to have structured the bulk of his $850,000 salary to be paid after the likely end of his bankruptcy proceedings. The contract was signed a week after Smith acknowledged publicly to The Associated Press that he was facing bankruptcy as a result of land deals gone bad in Kentucky.

  • Rule subjects 100 more US banks to stress tests Tuesday, 9 Oct 2012 | 11:07 AM ET

    WASHINGTON-- About 100 medium-sized U.S. banks will have to show how prepared they are to withstand a financial crisis next year, under a rule adopted Tuesday.

  • Special Metals lays off 81 workers in W.Va., Ky. Tuesday, 9 Oct 2012 | 11:06 AM ET

    HUNTINGTON, W.Va.-- Specials Metals Corp. has laid off more than 80 workers in Kentucky and West Virginia. Special Metals' parent, Precision Castparts Corp., announced the layoffs Monday. Precision Castparts spokesman Dwight Weber attributes the decision to adverse market conditions.

  • UPDATE 2-TNK-BP oligarchs try to dodge Rosneft Tuesday, 9 Oct 2012 | 11:05 AM ET

    By Andrew Callus and Douglas Busvine. LONDON/ MOSCOW, Oct 9- The billionaires who co-own Russian oil venture TNK-BP and want to buy out partner BP have told the British company they would rather sell their half of the $50 billion business than end up in a devalued partnership with state-backed rival bidder Rosneft.