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  • SF, South Florida, Houston bid for Super Bowls Wednesday, 17 Oct 2012 | 12:01 AM ET

    CHICAGO-- Houston, San Francisco and South Florida are bidding for the 2016 and 2017 Super Bowls. NFL owners will vote next May between San Francisco _ the 49 ers are building a new stadium in Santa Clara, Calif., _ and South Florida for the 50th Super Bowl in 2016. The loser of that race will then compete with Houston for hosting the 2017 game.

  • Weakening Tropical Storm Paul brushes along Baja Tuesday, 16 Oct 2012 | 11:17 PM ET

    LOS CABOS, Mexico-- A weakening Tropical Storm Paul swerved away from a landfall on a sparsely populated stretch of Mexico's southern Baja peninsula Tuesday night, brushing the coast with wind and rain as it swirled northward just offshore.

  • News Corp. shareholder protest votes defeated Tuesday, 16 Oct 2012 | 9:02 PM ET

    LOS ANGELES-- News Corp. managed to avoid rowdy protests at its annual shareholders meeting Tuesday, but that didn't stop stockholders from voicing complaints about the grip on the company held by founder and CEO Rupert Murdoch and his family.

  • State considers cost probe at ailing nuke plant Tuesday, 16 Oct 2012 | 8:45 PM ET

    LOS ANGELES-- State regulators will consider whether to investigate soaring costs at the shuttered San Onofre nuclear power plant _ and who should pay them. The plant located between Los Angeles and San Diego hasn't produced power since Jan. 31. The Public Utilities Commission said Tuesday it plans the vote for Oct. 25.

  • Hurricane Paul weakens to tropical storm off Baja Tuesday, 16 Oct 2012 | 8:34 PM ET

    LOS CABOS, Mexico-- Hurricane Paul weakened into a tropical storm Tuesday as it neared landfall on a sparsely populated stretch of Mexico's southern Baja peninsula.

  • Linear Technology 1Q net declines Tuesday, 16 Oct 2012 | 7:42 PM ET

    MILPITAS, Calif.-- Circuit maker Linear Technology Corp. said Tuesday that its first-quarter net income fell because of weak orders, and it warned that second-quarter revenue would be weaker than in the quarter it just wrapped up. The company said it earned $105.2 million, or 45 cents per share, for the quarter that ended Sept. 30.

  • Intuitive Surgical 3Q income jumps; shares slide Tuesday, 16 Oct 2012 | 6:43 PM ET

    SUNNYVALE, Calif.-- Intuitive Surgical Inc. said Tuesday its net income jumped 50 percent in the third quarter on greater sales of its robotic surgery systems. The company said economic conditions in Europe and changes in prostate cancer treatment reduced da Vinci system use.

  • Hurricane Paul weakening as it races toward Baja Tuesday, 16 Oct 2012 | 6:26 PM ET

    LOS CABOS, Mexico-- Hurricane Paul was weakening rapidly and was "barely a hurricane" as it raced toward landfall Tuesday on a sparsely populated stretch of Mexico's southern Baja peninsula.

  • Fortinet 3Q net down 4 pct., even as revenue grew Tuesday, 16 Oct 2012 | 5:54 PM ET

    SUNNYVALE, Calif.-- Network security provider Fortinet Inc. said Tuesday that its third-quarter net income fell 4 percent as expenses grew. The company said net income for the quarter that ended Sept. 30 was $17.2 million, or 10 cents per share. Fortinet shares rose 5 cents to close at $24.80 before the results were released.

  • Varied returns for 3 Wed. shows; 'Arrow' a CW hit Tuesday, 16 Oct 2012 | 5:34 PM ET

    ABC, NBC and the CW all debuted new dramas last Wednesday to varied receptions. It finished a strong second behind CBS' long-running "CSI: Crime Scene Investigation" at the 10 p.m. ET slot. Despite that showing, long-slumping NBC can boast about its best showing for an early TV season in a decade.

  • Nielsen's top prime-time programs for Oct. 8-14 Tuesday, 16 Oct 2012 | 4:59 PM ET

    2. "NCIS," CBS, 18.51 million. 4. "NCIS: Los Angeles," CBS, 15.18 million. 5. "The Big Bang Theory," CBS, 14.23 million.

  • HCP to acquire 133 senior housing communities Tuesday, 16 Oct 2012 | 4:48 PM ET

    LONG BEACH, Calif.-- HCP Inc. is buying 133 senior housing communities for $1.73 billion from a joint venture between Emeritus Corp. and an affiliate of The Blackstone Group L.P.. Emeritus is also buying nine remaining properties from the joint venture for $62 million, which includes $10 million in cash and a $52 million four-year loan from HCP.

  • News Corp shareholder protest votes defeated Tuesday, 16 Oct 2012 | 4:32 PM ET

    LOS ANGELES-- News Corp. managed to avoid rowdy protests at its annual shareholders meeting, but that didn't stop stockholders from voicing complaints about the grip founder and CEO Rupert Murdoch and his family have on the company.

  • Hurricane Paul races toward Baja peninsula Tuesday, 16 Oct 2012 | 3:59 PM ET

    LOS CABOS, Mexico-- Hurricane Paul weakened to a Category 1 storm as it raced toward landfall Tuesday on a sparsely populated stretch of Mexico's southern Baja peninsula.

  • Wells Fargo Securities forms new markets division Tuesday, 16 Oct 2012 | 3:49 PM ET

    SAN FRANCISCO-- Wells Fargo is forming a new markets division within its investment banking business that aligns services for traders as the nation's biggest mortgage lender reckons with its bigger Wall Street counterparts. Wells Fargo& Co., which is based in San Francisco, is combining investment sales and trading operations under common leadership.

  • Bill with child labor rule changes sent to Pa. gov Tuesday, 16 Oct 2012 | 3:12 PM ET

    HARRISBURG, Pa.-- A bill to revamp employment rules for children, particularly those working in entertainment, is on its way to the desk of Pennsylvania Gov. The House voted unanimously Tuesday in favor of the measure, which in many ways is patterned after California's law and brings Pennsylvania closer in line with federal rules.

  • Picasso, Monets stolen in Dutch heist Tuesday, 16 Oct 2012 | 3:04 PM ET

    AMSTERDAM-- Thieves broke into a Rotterdam museum on Tuesday and walked off with works from the likes of Picasso, Monet, Gauguin and Matisse potentially worth hundreds of millions. "Those thieves got one hell of a haul," said Chris Marinello, who directs the Art Loss Register.

  • Questcor rises after hedge fund discloses stake Tuesday, 16 Oct 2012 | 2:23 PM ET

    NEW YORK-- Share of Questcor Pharmaceuticals Inc. climbed Tuesday after the hedge fund Deerfield Management Co. disclosed a stake in the beleaguered company. THE SPARK: Deerfield President James Flynn disclosed ownership of 3.5 million Questcor shares, or a 5.8 percent stake in the Anaheim, Calif., drugmaker.

  • Kythera Biopharma completes IPO of 5.1M shares Tuesday, 16 Oct 2012 | 2:19 PM ET

    NEW YORK-- Kythera Biopharmaceuticals Inc. said Tuesday that it has completed its initial public offering of 5.1 million shares. Kythera is based in Calabasas, Calif., company, and it is developing an injectable treatment for double chins called ATX-101. Shares of Kythera rose $2.63, or 12.7 percent, to $23.38 in afternoon trading.

  • Court hears arguments in Calif. clean fuels case Tuesday, 16 Oct 2012 | 2:14 PM ET

    SAN FRANCISCO-- In a case seeking to stop California's first-in-the-nation mandate requiring fuel producers to reduce greenhouse gas emissions, federal justices on Tuesday focused their questions on whether the law discriminates against out-of-state businesses.