United States


  • Vanguard move highlights little-known index costs Thursday, 4 Oct 2012 | 5:11 PM ET

    BOSTON-- Index mutual fund investors are a cost-conscious bunch. Rather than seek out managers with a good shot at beating the market, they parse tiny differences in fund expenses. Companies such as S&P Dow Jones Indices and MSCI have created well-known market indexes.

  • By Pedro Nicolaci da Costa. WASHINGTON, Oct 4- The U.S. The Fed last month launched a third round of large-scale bonds buys, announcing an open-ended program that kicks off with $40 billion per month of new mortgage debt purchases.

  • Credit Suisse readies more New York-area layoffs Thursday, 4 Oct 2012 | 5:08 PM ET

    NEW YORK, Oct 4- Credit Suisse Group will lay off another 78 employees in the New York region by year-end, its fourth round of cuts for the area this year. A Credit Suisse spokesman declined to expand on the notice. Credit Suisse employed about 11,700 people in the Americas at the end of 2011..

  • BRIEF-Zynga shares down 12 percent in extended trade Thursday, 4 Oct 2012 | 5:06 PM ET

    NEW YORK, Oct 4- Zynga Inc:.

  • TEXT-Fitch rates Northern States Power-Wisconsin Thursday, 4 Oct 2012 | 5:05 PM ET

    Oct 4- Fitch Ratings has assigned an' A+' rating to Northern States Power- Wisconsin's $100 million issuance of 3.700% senior secured notes, Series due Oct. 1, 2042. A final rate order was issued for the NSP-WI general rate case in December 2011, authorizing electric and gas rate increases of $12.2 million and $2.9 million, respectively, and a 10.4% ROE.

  • Oct 4- Though it's relatively rare, there are ways to break a prenup. Agreements are just agreements, after all, says Paul Talbert, a matrimonial lawyer in New York. " There are no statistics on how many prenuptial agreements are made a year, says Randall M. Kessler, a divorce lawyer in Atlanta, but he estimates that half of high-net-worth marriages have prenups.

  • NEW YORK, Oct 4- U.S. crude futures rose 4 percent on Thursday as tensions between Turkey and Syria, a weaker dollar and strong gasoline and heating oil futures lifted by refinery fires pulled crude oil prices higher. For a complete report on oil markets, double click on.

  • The company appointed Anne Donahue to New York market leader for the private client reserve of US Bank. The bank also appointed Lynn Maaske as vice president and wealth management adviser for the private client reserve in St. Paul. The firm added Al Weaver and John Worcester to its advisor force in Massachusetts.

  • Health Care, Energy Rally on Romney Remarks   Thursday, 4 Oct 2012 | 5:00 PM ET
    Health Care, Energy Rally on Romney Remarks

    Both energy and health care are higher after Romney's comments last night in the debate. Ana Gupte, Bernstein analyst, and Kevin Book, Clearview Energy Partners, offer strategies to playing these sectors.

  • Euro rises after comments from ECB head Thursday, 4 Oct 2012 | 4:59 PM ET

    NEW YORK-- The euro rose against the dollar Thursday after European Central Bank President Mario Draghi said that Spain is making progress toward getting its finances under control. Spain is widely expected to request financial aid, but its government has been reluctant to do so.

  • LOS ANGELES, Oct 4- The Warner Bros. home video unit reached a deal to distribute more than 600 films including " Ferris Bueller's Day Off" and "Breakfast at Tiffany's" from Paramount Pictures' film catalog, the companies said on Thursday. Paramount also will support the Warner Bros.

  • WASHINGTON, Oct 4- Ninety-one people including doctors, nurses and other medical professionals were charged criminally in a new sweep of Medicare fraud involving seven U.S. cities and $430 million in alleged false billing, officials said on Thursday.

  • Red Bulls' Cahill is 4th-highest-paid MLS player Thursday, 4 Oct 2012 | 4:52 PM ET

    He joined Thierry Henry and Rafa Marquez on the high-spending Red Bulls, who replaced general manager Erik Soler with Jerome de Bontin on Tuesday.

  • WASHINGTON, Oct 4- The number of Americans filing new claims for unemployment benefits rose only slightly last week after a big drop the week before, a hopeful sign the job market is still on the mend.

  • WASHINGTON, Oct 4- Ninety-one people including doctors, nurses and other medical professionals were charged criminally in a new sweep of Medicare fraud involving seven U.S. cities and $430 million in alleged false billing, officials said on Thursday.

  • Feds clear way for NM transmission project Thursday, 4 Oct 2012 | 4:50 PM ET

    ALBUQUERQUE, N.M.-- A proposed $350 million transmission project is one step closer to opening northeastern New Mexico to more solar and wind energy development thanks to a decision by federal regulators.

  • Recommendations for Conn. ports released Thursday, 4 Oct 2012 | 4:50 PM ET

    HARTFORD, Conn.-- A new report is recommending ways to stop the rapid decline of Connecticut's deep water ports in Bridgeport, New Haven and New London. The report commissioned by the Department of Transportation recommends retaining and expanding liquid and dry storage facilities, shipyards, ship repair companies and ferry services.

  • WA Supreme Court says pollution tax constitutional Thursday, 4 Oct 2012 | 4:48 PM ET

    OLYMPIA, Wash.-- Washington state's Supreme Court unanimously ruled Thursday that the state's hazardous substances tax is constitutional.

  • SpaceX encore: 2nd private space station shipment Thursday, 4 Oct 2012 | 4:47 PM ET

    CAPE CANAVERAL, Fla.-- A private company is headed back to the International Space Station. Forecasters said Thursday there's a 60 percent chance of favorable conditions for the 8:35 p.m. launch from Cape Canaveral. This is the California company's first official launch under a $1.6 billion contract with NASA.

  • UPDATE 3-Sprint weighs rival bid for MetroPCS -sources Thursday, 4 Oct 2012 | 4:47 PM ET

    *Sprint may wait until after T-Mobile/ MetroPCS deal- source. *Sprint came close to buying MetroPCS in February- sources. NEW YORK, Oct 4- Sprint Nextel Corp is considering making a rival bid for MetroPCS Communications Inc, which agreed on Wednesday to a merger with Deutsche Telekom AG's T-Mobile USA, according to people familiar with the situation.