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  • Oct 12- Wells Fargo& Co on Friday reported a 22 percent increase in third-quarter profit on a surge in mortgage lending. Wells Fargo, the largest U.S. home lender, posted mortgage banking revenue of $2.8 billion, up more than 50 percent from a year ago.

  • Oct 12- Wells Fargo& Co on Friday reported higher third-quarter profits on a surge in mortgage lending. The fourth biggest U.S. bank said net income was $4.9 billion, or 88 cents a share, in the quarter, up from $4.1 billion, or 72 cents a share, in the same period a year earlier. Wells is the largest U.S. mortgage lender.

  • Oct 12- Low interest rates both hurt and helped third-quarter earnings at Wells Fargo& Co, boosting mortgage lending but squeezing core profitability more than analysts expected.

  • *JPMorgan has lower' London whale' losses than in 1st half. Oct 12- Two of the nation's biggest banks, Wells Fargo& Co and J.P. Morgan Chase& Co, made record profits over the last three months from a sharp rise in mortgage lending, though performance stumbles elsewhere hurt J.P. Morgan more than Wells Fargo.

  • F1 and Speed channel splitting after this season Friday, 12 Oct 2012 | 12:07 AM ET

    Fox Sports Media Group, which owns Speed, confirmed Friday that the partnership will end after this season. "It's disappointing to learn that F1 has elected to move forward with a different media partner," Fox Sports Media Group said in a statement to The Associated Press.

  • *Europe still biggest drag on world growth. LONDON, Oct 11- Next year offers only a slight improvement for a global economy hit by recession in Europe and slowing or moribund growth in Asia and the United States, according to Reuters polls of hundreds economists worldwide.

  • Westar Energy says 2 new wind farms now operating Wednesday, 10 Oct 2012 | 9:16 AM ET

    TOPEKA, Kan.-- Westar Energy Inc. says new wind farms in central and southwest Kansas are now producing power for its customers. The 201- megawatt Post Rock Wind Farm in Ellsworth and Lincoln counties began production Sept. 28. The Ironwood Wind Power Project farm in Ford and Hodgeman counties can produce up to 168 megawatts of electricity for Westar.

  • *Wells Fargo, the No. 4 U.S. bank, denies allegations. Oct 9- The U.S. government filed a civil mortgage fraud lawsuit on Tuesday against Wells Fargo& Co, the latest legal volley against big banks for their lending during the housing boom.

  • *Wells Fargo, the No. 4 U.S. bank, denies allegations. Oct 9- The U.S. government filed a civil mortgage fraud lawsuit on Tuesday against Wells Fargo& Co, the latest legal volley against big banks for their lending during the housing boom.

  • TEXT-S&P assigns Peak 10 Holding 'B' rating Tuesday, 9 Oct 2012 | 4:09 PM ET

    --U.S. data center operator Peak 10 Holding Corp. plans to issue a new $300 million senior secured term loan to refinance its existing credit facility and pay a dividend of approximately $215 million to its private-equity owners.

  • Attorney in Manhattan and the U.S. Department of Housing and Urban Development on Tuesday filed a civil mortgage fraud lawsuit against Wells Fargo& Co. The government's complaint seeks damages and civil penalties from Wells Fargo under the U.S. Wells Fargo is the No. 4 U.S. bank as measured in assets.

  • --We lowered our rating to' D' from' CCC-' on class K from Banc of America Large Loan Inc.' s series 2006- BIX1, a U.S.

  • Diminished GOP brand heightens Romney's challenge Tuesday, 9 Oct 2012 | 9:08 AM ET

    Not helping him much is the Republican Party he leads. When talking with unaffiliated voters, "it's more important to sell Romney" than Republican policies, said Jordan McSwain, 19, who makes about 800 phone calls a week for GOP candidates from the central North Carolina town of Salisbury.

  • Wanna sell a cookbook? Become a popular QVC host Monday, 8 Oct 2012 | 3:34 PM ET

    WEST CHESTER, Pa.-- It's a Sunday afternoon, and David Venable is in his element: on the air, in one of the kitchens at the QVC home shopping network, chatting a mile a minute about bakeware on his popular show, "In the Kitchen with David."

  • Higher-end retailers like Bloomingdales's, Saks Fifth Avenue and Nordstrom are also dangling bonus dollars in front of their customers and tying them to store credit cards, according to Mary Delk, director in the retail practice of the consultancy Deloitte LLP in Charlotte, North Carolina.

  • Higher-end retailers like Bloomingdale's, Saks Fifth Avenue and Nordstrom are also dangling bonus dollars in front of their customers and tying them to store credit cards, says Mary Delk, director in the retail practice of the consultancy Deloitte LLP in Charlotte, North Carolina.

  • Clothing retailer Cato says Sept. sales down 4 pct Thursday, 4 Oct 2012 | 9:22 AM ET

    CHARLOTTE, N.C.-- Cato Corp., a women's clothing store, said on Thursday that a key measure of September revenue fell 4 percent, and it said its third-quarter earnings will be at the low end of its guidance.

  • Seacrest: No problem with feuding judges Wednesday, 3 Oct 2012 | 4:52 PM ET

    NEW YORK-- Feuding divas on "American Idol"? Ryan Seacrest says that's just great. The show's host said Wednesday that things got intense between new judges Nicki Minaj and Mariah Carey during a tryout taping the previous day in Charlotte, N.C..

  • Biden: Middle class 'buried' the last 4 years Wednesday, 3 Oct 2012 | 9:08 AM ET

    CHARLOTTE, N.C.-- Vice President Joe Biden said Tuesday that the middle class has been "buried" during the past four years, a statement that Republicans immediately seized upon as an unwitting indictment of the Obama administration.

  • Both Stanley and Crawford joined the firm as senior vice presidents of wealth management, leading the Palmetto Advisory Group, which also includes advisers Linda Fraser, Geoffery Forsyth and Carolee McKeown and private client assistant Henry Batts.