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  • California gas price surge really adds up Monday, 8 Oct 2012 | 2:36 PM ET

    Someone in California who drives 300 miles per week and gets 20 miles per gallon spends nearly $18 more than a South Carolina motorist. The pocketbook punch is far greater when comparing the most expensive station in California with the cheapest in South Carolina.

  • Qatar Airways joins airlines alliance Monday, 8 Oct 2012 | 2:36 PM ET

    NEW YORK-- Qatar Airways is joining an alliance of airlines including American Airlines, British Airways and nine other carriers that coordinate routes and allow passengers to earn frequent flier miles on each other's flights.

  • Pepco, union agree to terms; strike likely averted Monday, 8 Oct 2012 | 2:33 PM ET

    WASHINGTON-- Pepco and its union say they have reached a tentative contract agreement that will likely avert a strike. The utility that covers the nation's capital says the preliminary agreement is subject to a vote by the International Brotherhood of Electrical Workers Local 1900.

  • Iowa: Linn County leaders support casino Monday, 8 Oct 2012 | 2:33 PM ET

    CEDAR RAPIDS, Iowa-- Linn County supervisors are on board with a plan that could bring a casino to Cedar Rapids, Iowa _ as long as backers meet several conditions.

  • WASHINGTON, Oct 8- U.S. telecommunications operators should not do business with China's top network equipment makers because potential Chinese state influence on the companies poses a security threat, the U.S. House of Representatives Intelligence Committee said in a report on Monday.

  • Spectrum Pharm says Folotyn patent extended Monday, 8 Oct 2012 | 2:32 PM ET

    HENDERSON, Nev.-- Spectrum Pharmaceuticals Inc. said Monday that the U.S. government extended the patent on its lymphoma drug Folotyn by five years. It said sales of Folotyn totaled about $50 million in 2011.. Shares of Spectrum rose 26 cents, or 2.2 percent, to $12.24 in afternoon trading.

  • News Summary: Soda machines to post calories Monday, 8 Oct 2012 | 2:31 PM ET

    SUGAR SHOCK: Coco-Cola Co., PepsiCo Inc. and Dr Pepper Snapple Group Inc. say they'll start posting calorie counts on vending machines starting next year. A LITTLE CONTEXT: The move comes ahead of a regulation that could require restaurant chains and vending machines to post calorie information.

  • Miss. AG opposes payday ending bill Monday, 8 Oct 2012 | 2:31 PM ET

    JACKSON, Miss.-- Mississippi Attorney General Jim Hood has joined at least 40 other states' legal officers in opposing legislation in Congress that could pre-empt states' authority in governing payday lending businesses.

  • Tulsa commission takes no action against jazz hall Monday, 8 Oct 2012 | 2:25 PM ET

    TULSA, Okla.-- Tulsa County commissioners took no action Monday against the Oklahoma Jazz Hall of Fame after the nonprofit announced it had raised enough money to pay off its long-overdue bills.

  • NASHVILLE, Tenn., Oct 8- U.S. health authorities scrambled on Monday to identify more cases of a rare form of meningitis, including enlisting local police to find people who might be infected by tainted steroid injections that have so far killed eight people.

  • Analyst expects strong demand for Cerus systems Monday, 8 Oct 2012 | 2:19 PM ET

    NEW YORK-- A Cowen and Co. analyst said Monday that Cerus Corp., which makes devices that are used to clean donated blood, should report strong revenue growth as sales of its Intercept system increase.

  • Supermarkets to be hurt by Wal-Mart's small stores Monday, 8 Oct 2012 | 2:17 PM ET

    NEW YORK-- Supermarket chains like Safeway and Roundy's could have even more reason to fear Wal-Mart. As of the end of July, Wal-Mart had 10 "Express" stores and had ramped up its "Neighborhood Market" concept to 217 locations, said Citi Investment Research analyst Deborah Weinswig.

  • Maine's 6 Senate hopefuls all hail from elsewhere Monday, 8 Oct 2012 | 2:12 PM ET

    PORTLAND, Maine-- Maine has always been proud of the commodities it claims as homegrown, among them Stephen King, L.L. Bean, lobster, and a host of political icons including Edmund Muskie, George Mitchell and Olympia Snowe. Independent Angus King hails from Alexandria, Va., attended Dartmouth College and moved to Maine, where he has settled in Brunswick.

  • WASHINGTON, Oct 8- The retailer's new venture with American Express looks a good option for poorer Americans lacking access to financial services.

  • The Threat From Chinese Telecom     Monday, 8 Oct 2012 | 2:02 PM ET

    The Congressional House Intelligence Committee is saying some Chinese telecom companies pose a security threat to America. Donald Straszheim, ISI Group head of China research, provides perspective.

  • Sector Snap: Gun companies Monday, 8 Oct 2012 | 2:01 PM ET

    NEW YORK-- Benchmark Research believes the sell-off last week of shares in firearms manufacturers was overdone, and reiterated a buy recommendation on the stocks of the biggest producers.

  • *World Bank says China economic slowdown may worsen. *Turkey retaliates again after mortar fire from Syria.

  • With Wal-Mart overhang, other prepaid cards worry Monday, 8 Oct 2012 | 1:55 PM ET

    NetSpend and Green Dot, which sells many of its cards at Walmart stores, tumbled Monday after Wal-Mart Stores Inc. announced it would offer its own prepaid card with credit card issuer American Express Co. With its shares falling, Green Dot replied with a statement saying it supported Wal-Mart's efforts to offer more financial products to more customers.

  • NC settles Medicaid fraud case against Abbott Monday, 8 Oct 2012 | 1:54 PM ET

    RALEIGH, N.C.-- North Carolina will reap almost $16 million from a national Medicaid fraud settlement involving Abbott Laboratories.

  • The widening outbreak has alarmed federal and state health officials and focused attention on regulation of pharmaceutical compounding companies like the one that produced the drugs, the New England Compounding Center Inc in Framingham, Massachusetts.