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  • FED FOCUS-How a Fed inflation hawk changed his mind Tuesday, 9 Oct 2012 | 7:20 AM ET

    CHICAGO, Oct 9- Narayana Kocherlakota surprised economists around the world last month when he called on the U.S. central bank to hold interest rates near zero, possibly for several years to come.

  • Wal-Mart tests same-day delivery for holidays Tuesday, 9 Oct 2012 | 12:21 AM ET

    NEW YORK-- Wal-Mart is testing a same-day delivery service in select markets for customers who buy popular items online during the holiday shopping season. Wal-Mart's tests started this month in northern Virginia and Philadelphia. Wal-Mart plans to test the service in San Francisco and San Jose, Calif., later this month or in early November.

  • Alaska Airlines: Operations returning to normal Monday, 8 Oct 2012 | 9:30 PM ET

    SEATTLE-- Alaska Airlines said flights were running close to normal late Monday after a fiber-optic outage shut down its ticketing system for more than four hours, causing the airline and its regional carrier to cancel 78 flights, affecting nearly 7,000 customers. The problems were caused by two severed fiber-optic lines in Sprint's network.

  • NEW YORK, Oct 8- Coca-Cola Co, PepsiCo Inc, Dr. Pepper Snapple Group Inc and other beverage makers will begin displaying the calorie count of drinks sold in vending machines next year, a U.S. soda industry group said on Monday.

  • TOKYO, Oct 9- Japan's Nikkei share average was seen starting weak on Tuesday as concerns grow that companies will slash full year forecasts when they announce quarterly earnings, after the World Bank warned China's slowdown could be more protracted than thought.

  • Oct 8- An outage that cut phone and data service to Sprint customers in parts of California, Oregon and Washington also grounded some Alaska Airlines passengers on Monday as it knocked the air carrier's reservations system off line.

  • Alaska Airlines operations returning to normal Monday, 8 Oct 2012 | 6:33 PM ET

    SEATTLE-- Alaska Airlines operations slowly were returning to normal Monday afternoon after a fiber-optic outage shut down its ticketing system for five hours, cancelling flights in Seattle and Los Angeles and causing delays across the airline's 64- airport network.

  • Oct 8- An outage that cut phone and data service to Sprint customers in parts of California, Oregon and Washington also grounded some Alaska Airlines passengers on Monday as it knocked the air carrier's reservations system off line.

  • United Airlines reports dip in key revenue measure Monday, 8 Oct 2012 | 5:32 PM ET

    CHICAGO-- United Airlines says that passenger traffic and a closely watched revenue statistic both declined in September, compared with the same month last year. United Continental Holdings Inc. said Monday that passenger revenue per available seat mile fell by 2.5 to 3.5 percent last month.

  • CORRECTED-COLUMN-How to get the best prices on ETFs Monday, 8 Oct 2012 | 5:18 PM ET

    CHICAGO, Oct 8- Exchange-traded index funds are a bit like mobile phones-- models offer an increasing array of features over time, while prices on even the plain-vanilla models keep falling.

  • SAN FRANCISCO, Oct 8- Two San Francisco-based car-sharing services, including one founded by Zynga Inc. director Sunil Paul, are operating in defiance of California authorities, highlighting how regulators are struggling with a wave of start-ups that encourage people to share everything from cars to their homes.

  • Alaska Airlines computer connection restored Monday, 8 Oct 2012 | 4:25 PM ET

    SEATTLE-- Alaska Airlines has fixed the computer problem that delayed flights Monday across its 64- airport network on the West Coast and in Mexico and Canada, and operations slowly were returning to normal. Alaska Airlines said the data connection was restored before 1 p.m. but passengers could still expect some delays as the system adjusted.

  • Alaska Airlines recovering from computer glitch Monday, 8 Oct 2012 | 4:19 PM ET

    SEATTLE-- Alaska Airlines says its computer connections have been restored, and operations are returning to normal at its airport gates. The problem started just before 8 a.m. Monday when the airline lost its connection to the Sabre reservation system because of two cut Sprint fiber optic lines.

  • Sprint outages ground Alaska Airlines flights Monday, 8 Oct 2012 | 4:08 PM ET

    Oct 8- An outage that cut phone and data service to Sprint customers in parts of California, Oregon and Washington also grounded some Alaska Airlines passengers on Monday as it knocked the air carrier's reservations system off line.

  • *World Bank says China economic slowdown may worsen. *Turkey retaliates again after mortar fire from Syria. NEW YORK, Oct 8- Oil prices eased on Monday in choppy trading on concerns that slower economic growth in China and the debt crisis in Europe will curb demand for petroleum, while the potential for Middle East turmoil to disrupt supplies limited losses.

  • 2 Sprint fiber optic cuts grounded Alaska Airlines Monday, 8 Oct 2012 | 3:41 PM ET

    SEATTLE-- The computer problem that has cut off Alaska Airlines' ability to put passengers on planes was caused by a combination of two fiber optic cuts in the Sprint system.

  • News Summary: Soda machines to post calories Monday, 8 Oct 2012 | 2:31 PM ET

    SUGAR SHOCK: Coco-Cola Co., PepsiCo Inc. and Dr Pepper Snapple Group Inc. say they'll start posting calorie counts on vending machines starting next year. A LITTLE CONTEXT: The move comes ahead of a regulation that could require restaurant chains and vending machines to post calorie information.

  • *World Bank says China economic slowdown may worsen. *Turkey retaliates again after mortar fire from Syria.

  • Top Cities for Financial Adviser Startups Monday, 8 Oct 2012 | 12:13 PM ET
    As financial services companies trim payrolls, more industry veterans are opening their own investment firms.According to , which tracks the, there are now 28,574 resident investment adviser, RIA, firms, usually with offices of two to eight employees and an average of $25 million to $50 million in client assets under management, AUM. Others, such as spinoffs from the financial giants, can manage mutual funds and other big accounts, boosting the AUM.In the most recent full year of year of data, 2011, 1,108 RIA firms were formed with $561.38 billion worth of assets under management.We thought it would be interesting to see what cities had the most activity in creating new RIA firms in 2011 and how much money (measured in assets) was under management. (Note that there is a wide range of assets, depending on the individual starting the firm and the number and size of clients.)Here are the top ten cities based on a customized search of AdviceIQ/Meridian-IQ data bases.

    New financial advisory firms are popping up around the U.S., as veteran brokers leave big firms to build their own. These 10 are startup hotbeds.

  • *World Bank says China economic slowdown may worsen. NEW YORK, Oct 8- Oil prices eased on Monday on concerns that slower economic growth in China and the debt crisis in Europe will curb demand for petroleum, while the potential for Middle East turmoil to disrupt supplies limited losses.