Oilman Harold Hamm says the Saudi hard line on production has turned the Russian "ruble into rubble" while also squeezing U.S. producers.» Read More
*Tells court he had no direct accomplices but influenced by others, malaise in Vatican. VATICAN CITY, Oct 2- Pope Benedict's former butler, facing trial for stealing papal documents, told a Vatican court on Tuesday that he was held in a tiny room with the light on constantly and put under pyschological pressure in the first few weeks of his detention.
By Robin Paxton and Mariya Gordeyeva ASTANA, Oct 2- U.S. oil major ConocoPhillips. Asked on Tuesday whether ConocoPhillips would sell its stake in the consortium, Kazakh Oil and Gas Minister Sauat Mynbayev told reporters: "They have informed that they have the intention of selling."
ANNAPOLIS, Md.-- A Maryland panel on Monday recommended raising the state's debt limit by $150 million in the next fiscal year. For example, the state's Board of Revenue Estimates recently increased revenue projections for the current fiscal year by $181 million. It also raised ongoing revenue estimates by $120 million to $185 million per year.
FRANKFORT, Ky.-- A settlement prompted by a federal court ruling on power plant emissions has cut the cost of a western Kentucky utility's pollution control plan by $225 million. The Kentucky Public Service Commission announced the settlement Monday.
TALLAHASSEE, Fla.-- Florida insurance regulators have announced they've received more than 100 filings from auto insurers doing business in the state and are expecting more by the close of business.
John Lynch says six New Hampshire companies have received job training grants this month that will help train 350 workers.
DETROIT-- General Motors says its U.S. sales rose 1.5 percent last month as a big jump in car sales was offset by falling truck sales. The company says new models boosted car sales by 29 percent. But sales of the Chevrolet Silverado, GM's top-selling vehicle, fell almost 17 percent from a year ago.
BOSTON, Oct 2- The $50 billion Massachusetts state pension fund returned 1.27 percent in August, narrowly beating its benchmark on strong performance from global stock funds, according to a monthly report released on Tuesday. His base annual pay will be increased to $295,000 from $245,000.
ST. PAUL, Minn.-- Minnesota farmers continue to make rapid progress on corn and soybean harvests, thanks to dry weather. According to the USDA's Minnesota crop-weather report, corn was 53 percent harvested as of Sunday. That's way ahead of last year's 5 percent, which is also the five-year average.
Oct 2- Fitch Ratings has affirmed Navy Mutual Aid Association's Insurer Financial Strength rating at' A+'. The Rating Outlook is Stable. NMAA's IFS rating and Stable Outlook reflect the association's strong capital levels, high-quality and liquid investment portfolio, conservative financial profile, and moderate top-line growth.
By Deepa Seetharaman and Bernie Woodall. Oct 2- General Motors Co, the largest U.S. automaker, reported a 1.5 percent increase in September auto sales on the strength of its passenger car sales, while Ford Motor Co posted sales that were on par with its results from a year earlier.
Oct 2- The following are the U.S. auto sales results for September reported by top-selling automakers so far on Tuesday. Auto Sales For September 2012. SOURCE: Autodata Corp and Reuters calculations.
COLUMBUS, Ohio-- As casinos begin to open around Ohio, Tom Leksan provides a cautionary tale.
SALT LAKE CITY-- Utah regulators called Monday for stricter controls on industrial emissions to reduce sooty pollution that typically settles in the heavily populated Wasatch Front for weeks in bowl-shaped valleys that trap smog. Regulators opened a month-long public comment period Monday on three sets of comprehensive clean-air plans for northern Utah.
TRENTON, N.J.-- New Jersey would have to start paying unemployment to people who appeal denials but cannot get answers on them within eight weeks under a bill advanced Monday by a state Senate committee.
*New York sues JPMorgan over Bear Stearns mortgage products. *PetSmart to replace Sunoco in the S&P 500 index. If Madrid were to seek a rescue, it would trigger European Central Bank buying of its bonds and help to ease U.S. investors' nervousness about the euro zone's impact on the U.S. economy.
PRINCE FREDERICK, Md.-- Both sides asked a judge Monday to rule in their favor without trial in a fight over a proposal to build a multi-billion-dollar terminal in southern Maryland to export liquefied natural gas.
WASHINGTON-- The government is considering whether American International Group is large enough to threaten the broader financial system, a designation that would subject the bailed-out insurance giant to greater federal oversight.
NEW YORK, Oct 2- Bill Gross, founder and co-chief investment officer of bond giant PIMCO, said he sees the U.S. going the way of Greece if it does not get its fiscal house in order.
WASHINGTON-- President Barack Obama is designating the California home of labor leader Cesar Chavez as a national monument, a move likely to shore up support from Hispanic and progressive voters just five weeks before the election.