Lowe's is halting sales of some of its Chinese-made laminate flooring "out of an abundance of caution" as it may have issues with formaldehyde.» Read More
NEW YORK, Oct 1- New York Attorney General Eric Schneiderman filed a civil fraud lawsuit against JPMorgan Chase& Co on Monday over mortgage-backed securities packaged and sold by the former Bear Stearns. JPMorgan, which bought Bear Stearns for $10 a share in March 2008, said in a statement it would contest the allegations.
LOS ANGELES, Oct 1- Miasole, which raised hundreds of millions of dollars as one of Silicon Valley's hottest cleantech startups, has agreed to be sold to China's Hanergy Holding Group for $30 million, according to a source familiar with the matter.
TORONTO, Oct 1- Toronto's theater district and the skyline of Canada's biggest city will be transformed by star architect Frank Gehry as a tribute to the city in which he spent his childhood under an ambitious plan unveiled on Monday. "These towers can become a symbol of what Toronto can be," Mirvish told a news conference. "
LOS ANGELES, Oct 1- Some 30 people were injured on Monday when a tractor-trailer truck crashed through a rail crossing signal and collided with an Amtrak passenger train in central California, causing the train to derail, authorities said.
By Martinne Geller and Jessica Wohl NEW YORK/ CHICAGO, Oct 1- Wal-Mart Stores Inc. A handful of sell-side analysts turned out to hear from Walmart workers nearly a year after a similar meeting was held near Wal-Mart's headquarters in Bentonville, Arkansas.
*SEC can't impose limits on HFT without consensus-official. *Retail investors looking for SEC to lead on HFT reform.
DALLAS-- The federal government is examining two separate incidents in which passenger seats came loose midflight on American Airlines planes in the last three days. On Saturday, a flight from Boston to Miami made an emergency landing in New York after three passenger seats came loose shortly after takeoff.
NEW YORK, Oct 1- Hedge fund manager Mick McGuire is betting on an eventual housing recovery by owning stakes in an aerospace and defense company, a sugar farming conglomerate and a land developer. While investments in GenCorp, Alexander& Baldwin.
LOS ANGELES, Oct 1- Some 30 people were injured on Monday when a big rig truck collided with Amtrak train in central California, derailing the train, authorities said.
NEW YORK-- Threshold Pharmaceuticals Inc. reported positive early-stage data for its drug TH-302 as a treatment for brain cancer, but the company's stock continued to slump in Monday trading.
DETROIT-- Electric car maker Fisker Automotive is talking with other car companies about sharing parts and technology. The company, based in Anaheim, Calif., is also preparing for a public offering of stock that would help it raise money for new vehicles, Fisker's new CEO Tony Posawatz said Monday during a speech to the Automotive Press Association.
SACRAMENTO, Calif.-- In a story Sept. 28 about a state-run retirement program for private-sector workers in California, The Associated Press reported erroneously that the California Secure Choice Retirement Savings Program would be administered by a seven-member board.
Treasury Department sells 4- week bills, 11:30 a.m.. Treasury Under Secretary for International Affairs Lael Brainard participates in conversation with Nina Easton at "The Most Powerful Women" Conference hosted by Fortune Magazine in Laguna Niguel, California, 2:50 p.m..
Fewer than 1 percent of in-store sales tied to brand advertising campaigns on Facebook come from people who clicked on an ad, according to a new study that Facebook has conducted through a partnership with Datalogix, a data mining firm that tracks real-world retail sales.
SEATTLE-- Boeing Co.' s union of engineers and technical workers is expected to reject the aerospace giant's first contract offer when mail-in ballots are counted Monday evening. Union leaders for the Society of Professional Engineering Employees in Aerospace, or SPEEA, have recommended that its 23,000 members reject Boeing's four-year contract offers.
The settlement, which was dated Sept. 27 and announced by the SEC and Perry's lawyer on Monday, resolves one claim about whether details about a capital contribution should have been disclosed in May 2008.
NEW YORK/ CHICAGO, Oct 1- Wal-Mart Stores Inc. A handful of sell-side analysts turned out to hear from Walmart workers nearly a year after a similar meeting was held near Wal-Mart's headquarters in Bentonville, Arkansas.
*ZipRealty agrees to settle California labor commissioner lawsuit. *ZipRealty has agreed to pay $5 million in exchange for a release of all. claims brought by the labor commissioner.
WASHINGTON-- The Supreme Court plunged into its new term Monday with a high-stakes dispute between businesses and human rights groups over accountability for foreign atrocities. Cases involving some of the most emotional issues in American life are likely to be decided after voters choose a president and new Congress next month.
--U.S.-based Tenet Healthcare Corp. is proposing to issue $500 million senior secured notes due 2020 and $300 million of unsecured notes due 2020. The company will use the proceeds to repay existing debt and for other purposes including acquisitions.