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  • Plan calls for shuttering part of PNM power plant Wednesday, 3 Oct 2012 | 10:51 AM ET

    ALBUQUERQUE, N.M.-- Months of wrangling over the best way to curb pollution from a PNM Resources Inc. coal-fired power plant that serves more than 2 million customers in the Southwest have given way to a proposal that could see New Mexico transition to cleaner sources of energy to meet its electricity demands.

  • Biolase shares soar as dental laser device gets approval Wednesday, 3 Oct 2012 | 10:48 AM ET

    Oct 3- Biolase Inc said health regulators in Europe and the United States granted approval for its laser device Epic 10 for use in soft tissue dental surgery and other procedures, sending its shares up as much as 34 percent.

  • INSTANT VIEW 5-U.S. service sector picks up in Sept-ISM Wednesday, 3 Oct 2012 | 10:20 AM ET

    PAUL EDELSTEIN, ECONOMIST, IHS GLOBAL INSIGHT, LEXINGTON, MASSACHUSETTS. But exports orders fell again given what's happening in Europe and China and employment also slowed from August. If things don't deteriorate further in Europe and China, we should avoid a recession but the economy will not expand fast enough to create more job growth. "

  • INSTANT VIEW 4-U.S. service sector picks up in Sept-ISM Wednesday, 3 Oct 2012 | 10:17 AM ET

    NEW YORK, Oct 3- The pace of growth in the vast U.S. services sector picked up in September as new orders accelerated, though employment cooled, an industry report showed on Wednesday. STEVEN WOOD, CHIEF ECONOMIST, INSIGHT ECONOMICS, DANVILLE, CALIFORNIA. THOMAS DI GALOMA, MANAGING DIRECTOR, NAVIGATE ADVISORS, STAMFORD, CONNECTICUT.

  • Ohio jobs-agency boss leaving for private sector Wednesday, 3 Oct 2012 | 9:52 AM ET

    John Kasich for a dollar to help jump-start Ohio's job-creation efforts is leaving his state management job and returning to the private sector. Mark Kvamme will resign as president and interim chief investment officer of JobsOhio effective Nov. 1, board Chairman Jim Boland announced Tuesday.

  • US begins flying home deported Mexicans Wednesday, 3 Oct 2012 | 9:12 AM ET

    SAN DIEGO-- The U.S. government began flying Mexican deportees home on Tuesday in a two-month experiment aimed at relieving Mexican border cities overwhelmed by large numbers of people ordered to leave the United States, some who fall prey to criminal gangs.

  • Labor standoffs silence orchestras in Minn., Ind. Wednesday, 3 Oct 2012 | 8:57 AM ET

    MINNEAPOLIS-- The Minnesota Orchestra was called the world's greatest not long ago, welcome recognition for musicians based outside a top cultural center. In Minneapolis, the Minnesota Orchestra has already cancelled concerts through Nov. 25 as negotiators argue over a proposal to trim the performers' average salary by $46,000 a year.

  • Illegal immigrant in Fla. fights for law license Wednesday, 3 Oct 2012 | 8:53 AM ET

    TALLAHASSEE, Fla.-- A Florida man's bid to become the first illegal immigrant to obtain a law license in the United States met skepticism Tuesday from most of the state's Supreme Court justices. He graduated from New College in Florida, earned a law degree from Florida State University and passed the state bar exam last year.

  • BRIEF-Itron awarded natural gas metering contract Wednesday, 3 Oct 2012 | 8:49 AM ET

    *Awarded one of the nation's largest natural gas metering contracts. *Says southern California gas company will install nearly 1.5. *Says socalgas will install more than 600,000 gas regulators as a part of its.

  • Key revenue metric falls 8.7 pct. at Bebe in 1Q Wednesday, 3 Oct 2012 | 8:27 AM ET

    BRISBANE, Calif.-- Women's clothing company Bebe says revenue at stores open at least a year fell 8.7 percent in its most recent quarter, which included the key back-to-school shopping season.

  • Bebe 1st-qtr sales miss estimates Wednesday, 3 Oct 2012 | 7:28 AM ET

    Oct 3- Women's apparel retailer Bebe Stores Inc. The company, which sells merchandise under Bebe Sport, bbsp, 2 b bebe and its namesake brand, faces an inventory glut, with a 12.5 percent increase in inventory per square foot as of Sept. 29. The Brisbane, California- based company's shares closed at $4.67 on the Nasdaq on Tuesday.

  • INSIGHT-In California, the Mungers haunt Jerry Brown Wednesday, 3 Oct 2012 | 7:00 AM ET

    SAN FRANCISCO, Oct 3- California Governor Jerry Brown has a problem. Yet Molly Munger and Charles Munger Jr., children of Warren Buffett's business partner, Charles Munger, Sr., have together become Brown's worst nightmare as the November election approaches.

  • Rare century-old $5 Alaska bill to be auctioned Wednesday, 3 Oct 2012 | 3:02 AM ET

    ANCHORAGE, Alaska-- The $5 bill displayed for decades on Charles Fairbanks IV's wall was long a treasured family heirloom from Alaska. The rare find is expected to fetch as much as $300,000 at auction this month when a Texas auctioneer plans to put it up for bids in Dallas and online as part of the American Numismatic Association National Money Show.

  • SAN FRANCISCO, Oct 3- Hewlett-Packard o ffered a 2013 earnings outlook on Thursday that underscored slow progress on CEO Meg Whitman's turnaround plan and decelerating technology spending worldwide, sending its shares to a nine-year low.

  • HP's Whitman blames management turnover for slow progress Wednesday, 3 Oct 2012 | 12:21 AM ET

    SAN FRANCISCO, Oct 3- Hewlett-Packard Chief Executive Meg Whitman on Wednesday blamed unprecedented executive turnover in past years for dragging out the turnaround of the sprawling Silicon Valley computing giant.

  • Report: Some dietary supplements illegally labeled Wednesday, 3 Oct 2012 | 12:02 AM ET

    SAN FRANCISCO-- Dozens of weight loss and immune system supplements on the market are illegally labeled and lack the recommended scientific evidence to back up their purported health claims, government investigators warn in a new review of the $20 billion supplement industry.

  • WASHINGTON, Oct 3- U.S. solar panel producers, who have already won preliminary duties on billion of dollars of solar panel imports from China, appear well positioned to win longer-term relief in coming weeks as the U.S. government makes its final decisions.

  • *Los Angeles has more dispensaries than any other city. LOS ANGELES, Oct 2- The Los Angeles City Council voted to rescind a newly enacted ban on storefront medical marijuana shops on Tuesday, allowing the city to avoid a referendum next year that some officials said would likely succeed in reversing the prohibition.

  • Oracle CEO to experiment on his Hawaiian island Tuesday, 2 Oct 2012 | 10:33 PM ET

    SAN FRANCISCO-- Oracle CEO Larry Ellison envisions his recently acquired Hawaiian island becoming a "little laboratory" for experimenting with more environmentally sound ways to live. Ellison's ambitions include converting sea water into fresh water on the 141- square-mile island of Lanai.

  • *Los Angeles has more dispensaries that any other city. LOS ANGELES, Oct 2- The Los Angeles City Council voted to rescind a newly enacted ban on storefront medical marijuana shops on Tuesday, allowing the city to avoid a referendum next year that some officials said would likely succeed in reversing the prohibition.