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  • *Research house IDC still ranks HP in the lead* Lenovo shares rise nearly 2 pct in Hong Kong trade* HP stock touches lowest level since October By Poornima Gupta and Lee Chyen Yee.

  • Oct 11- Stan Lee Media, a company that says it controls the rights to Marvel characters including Spider Man and Iron Man, has filed suit in U.S. District Court in Colorado against the Walt Disney Co seeking "billions of dollars of profits." Disney acquired Marvel Enterprises, which had been renamed Marvel Entertainment, in 2009 for $4.3 billion.

  • WASHINGTON, Oct 11- The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four and a half years, according to government data that may provide a boost to President Barack Obama a month before voters go to the polls.

  • AVONDALE, Penn., Oct 11- The Federal Reserve's stated intention to keep interest rates ultra low for nearly three more years is suggesting to some that the Fed is willing to cut the jobless rate at the expense of higher inflation, putting the central bank's credibility at risk, a top official of the U.S. central bank said on Thursday.

  • Safeway bets that loyalty program will pay off Thursday, 11 Oct 2012 | 12:20 AM ET

    NEW YORK-- Safeway Inc. is betting that its investment in a new customer loyalty program will eventually pay off, as the supermarket operator looks to fend off big-box retailers and other competitors that are expanding their grocery aisles.

  • US foreclosure filings hit 5-year low in September Thursday, 11 Oct 2012 | 12:14 AM ET

    It was the second-consecutive monthly decline in filings, although there remains a sharp divergence along state lines, according to a report Thursday by foreclosure listing firm RealtyTrac Inc..

  • Tully's Coffee parent files for Ch. 11 bankruptcy Thursday, 11 Oct 2012 | 12:12 AM ET

    The parent company of Tully's Coffee has filed for Chapter 11 bankruptcy protection and will close nine stores this Sunday. The Seattle- based coffee chain has long struggled under the shadow of Starbucks Corp.. Tully's opened its first store in 1992. It has shops in Arizona, California, Colorado, Idaho, Montana, Oregon and Washington.

  • Oct 11- Venture capital firm Panorama Capital and others have invested $10 million in video technology company Skyfire, which plans to expand into European and Asian markets on the back of surging usage of video on wireless devices.

  • *Lenovo shares rise nearly 2 pct in Hong Kong trade. SAN FRANCISCO/ HONG KONG, Oct 11- China's Lenovo Group Ltd edged out Silicon Valley icon Hewlett-Packard Co to become the world's No. 1 PC maker in the third quarter, according to data released by research house Gartner on Wednesday.

  • SAN FRANCISCO, Oct 10- Google Inc Executive Chairman Eric Schmidt expects more than a billion mobile devices around the world to be running its Android software within a year, intensifying a battle with Apple Inc. Google and Apple were once close partners, with Schmidt serving on Apple's board during part of his tenure as Google CEO.

  • PORTLAND, Ore., Oct 10- Lawyers for 12 Oregon National Guardsmen suing contractor KBR Inc for negligence and fraud told a jury in Portland, Oregon on Wednesday that the soldiers were knowingly exposed to toxic chemicals in Iraq that made them ill.

  • By Tim McLaughlin and Toni Clarke and Aaron Pressman. BOSTON, Oct 10- A Massachusetts company that mixes drugs for hospitals on Wednesday gave up an attempt to distance itself from an affiliated pharmacy linked to a deadly U.S. outbreak of fungal meningitis.

  • Google vs Apple the industry's "defining fight" -Schmidt Wednesday, 10 Oct 2012 | 9:15 PM ET

    SAN FRANCISCO, Oct 10- Google Inc Executive Chairman Eric Schmidt expects more than a billion mobile devices around the world to be running its Android software within a year, intensifying a battle with Apple Inc.

  • By Tom Hals and Dan Levine. In its court filing on Wednesday, the IRS opposed Solyndra's plan. If approved by creditors, a holding company would emerge from bankruptcy with no employees or business operations- but as much as $350 million in tax breaks that could be used by Solyndra's investors, including Argonaut Ventures.

  • Oakland goes to court for embattled pot dispensary Wednesday, 10 Oct 2012 | 7:45 PM ET

    SAN FRANCISCO-- An Oakland medical marijuana dispensary that bills itself as the world's largest gained an unusual ally Wednesday in its fight to stop federal prosecutors from shutting it down: the city government.

  • SAN FRANCISCO, Oct 10- Amazon.com Inc received approval from the U.S. Federal Communications Commission to sell its high-end Kindle Fire 4 G tablets, a company spokeswoman said on Wednesday. Amazon unveiled the new tablets last month, but the devices had not secured FCC clearance.

  • LOS ANGELES, Oct 10- A California man linked to an anti-Islam film that stoked violent protests in the Muslim world denied on Wednesday that he had violated his probation on a bank fraud conviction, and he was sent back to jail until his case can be heard on its merits.

  • SAN FRANCISCO, Oct 10- Amazon.com Inc got approval from the U.S. Federal Communications Commission to sell its high-end Kindle Fire 4 G tablets, a company spokeswoman said on Wednesday. Amazon unveiled the new tablets last month, but the devices had not yet secured FCC clearance.

  • Multi-day pass rentals headache for Disneyland Wednesday, 10 Oct 2012 | 7:07 PM ET

    ANAHEIM, Calif.-- An increasing number of tourists are finding a way to save $40 or more on day passes to California's Disney theme parks by "renting" one day of a multi-day park hopper pass _ and the practice is giving Disneyland a run for its money.

  • Lenovo knocks HP off top of global PC market -Gartner Wednesday, 10 Oct 2012 | 7:04 PM ET

    SAN FRANCISCO, Oct 10- China's Lenovo Group Ltd. to become the world's No. 1 PC maker in the third quarter, according to new data released by research house Gartner on Wednesday. A rival to Gartner, IDC, still ranks HP in the lead-- but by less than half a percentage point-- in terms of PC shipments worldwide.