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  • WASHINGTON, Oct 1- A Kentucky businessman was arrested on Monday and charged with evading $53 million in taxes in a multi-faceted case stemming from an ongoing U.S. investigation of failed Park Avenue Bank.

  • Security company fired after nuke plant break-in Monday, 1 Oct 2012 | 5:47 PM ET

    NASHVILLE, Tenn.-- The security contractor at the Y-12 nuclear weapons plant in Tennessee was fired Monday after authorities said three protesters cut through fences and vandalized a building in an unprecedented break-in.

  • American Airlines inspecting jets for loose seats Monday, 1 Oct 2012 | 5:39 PM ET

    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.

  • HOUSTON, Oct 1- Returning the damaged Crystal River nuclear unit in Florida to service could cost $3 billion and take eight years, according to an independent review of repair options commissioned by Duke Energy.

  • Spirit's $100 carry-on fee starts next month Monday, 1 Oct 2012 | 4:03 PM ET

    MIRAMAR, Fla.-- Spirit Airlines Inc. will begin charging passengers $100 for carry-on bags unless they pay a smaller fee before getting to the airport. The airline announced in May that the $100 fee was coming.

  • --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.

  • Oct 1- Duke Energy Corp:. *Progress energy Florida issues statement regarding filing of crystal river. $900 million to $1.3 billion.

  • Estimated Progress Fla. nuke plant repair costs up Monday, 1 Oct 2012 | 2:57 PM ET

    TALLAHASSEE, Fla.-- A new report says it would cost nearly $1.5 billion to repair Progress Energy's damaged nuclear reactor at Crystal River. That's up from the St. Petersburg- based utility's prior estimate of $900 million to $1.3 billion.

  • Kentucky man arrested in NY bailout fraud probe Monday, 1 Oct 2012 | 2:49 PM ET

    Wilbur Anthony Huff, 51, who has addresses in both Caneyville and Louisville, was released on $100,000 unsecured bond after a brief court appearance in federal court in Louisville in which prosecutors portrayed him as a flight risk. Attorney Preet Bharara in Manhattan called the case "Part Two" of his office's investigation of the taxpayer-funded TARP.

  • Court seems unclear on house versus boat question Monday, 1 Oct 2012 | 2:18 PM ET

    The Supreme Court struggled with all types of questions Monday as it tried to figure out what kind of floating structures fall under maritime law, a question that could have a profound impact on popular businesses like floating casinos, hotels and restaurants.

  • NEW YORK, Oct 1- U.S. manufacturing unexpectedly expanded in September for the first time since May as new orders and employment picked up, but the pace of growth showed the economy was still stuck in a slow recovery. The Institute for Supply Management said on Monday its index of national factory activity rose to 51.5 from 49.6 in August.

  • Plane's loose seats force emergency landing in NYC Monday, 1 Oct 2012 | 1:01 PM ET

    NEW YORK-- American Airlines says a Boston- to- Miami flight had to make an emergency landing at New York's JFK airport over the weekend due to a row of seats that became loose. Passengers aboard the flight were placed on another aircraft for the trip to Miami. It says the FAA was notified of the problem and the airline's internal review.

  • CVC to take over insurance firm Cunningham Lindsey Monday, 1 Oct 2012 | 11:58 AM ET

    Oct 1- Private equity firm CVC Capital Partners Ltd said on Monday it had agreed to buy a majority stake in Cunningham Lindsey Group Ltd in a deal that a source familiar with the matter said valued the insurance claims management company at up to $1 billion.

  • Glance: Red Lobster menu, circa 1968 Monday, 1 Oct 2012 | 11:56 AM ET

    Red Lobster is launching its biggest menu revamp in a decade on Oct. 15. We Specialize in Fresh Florida Seafood, but some of our Seafoods come from distant points of the compass, such as Maine, Maryland, Alaska, Peru, Chile and even South Africa to name but a few.

  • Officers elected to Southern newspapers board Monday, 1 Oct 2012 | 11:35 AM ET

    Barrett, president and CEO of Community Newspaper Holdings Inc., in Montgomery, Ala., was elected during the group's meeting in Naples on Monday. The new treasurer is Gregg K. Jones, president and CEO of Jones Media in Greeneville, Tenn. He's co-publisher of The Greenville Sun.

  • Court won't hear appeal over TSA scanners Monday, 1 Oct 2012 | 10:54 AM ET

    WASHINGTON-- The Supreme Court won't hear a Florida man's attempt to challenge the use of full-body scanners at airports.

  • TEXT-S&P assigns Darden Restaurants notes 'BBB' Monday, 1 Oct 2012 | 10:44 AM ET

    Oct 1- Standard& Poor's Ratings Services said today that it assigned its' BBB' rating to Orlando- based Darden Restaurants Inc.' s.

  • Carmike Cinemas buys 16 theaters from Rave Reviews Monday, 1 Oct 2012 | 10:43 AM ET

    COLUMBUS, Ga.-- Carmike Cinemas Inc. said Monday that it has bought 16 theaters for $19 million in cash, part of Carmike's push to expand through acquisitions. The theater chain bought the theaters, which have 251 screens, from Rave Reviews Cinemas LLC, which is owned by investment firm BV Investment Partners.

  • Red Lobster _ for the non-seafood lover in you Monday, 1 Oct 2012 | 10:39 AM ET

    NEW YORK-- Red Lobster isn't just for the seafood lover in you. Red Lobster also is increasing the number of dishes that cost less than $15 to attract customers who have cut back on spending. The chain, which is owned by Darden Restaurants Inc., says a quarter of the items on its menu will be non-seafood dishes, up from 8 percent.

  • Orioles' plane diverted because of smoke in galley Monday, 1 Oct 2012 | 10:36 AM ET

    The airplane taking the Baltimore Orioles to St. Petersburg, Fla. on Sunday night had its flight diverted to Jacksonville because of smoke in the forward galley. The Orioles resumed their trip on the same aircraft, leaving Jacksonville International Airport at 10:15 p.m..