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  • 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..

  • Caesars touting tenants at new Vegas Strip project Monday, 1 Oct 2012 | 10:28 AM ET

    LAS VEGAS-- A Brooklyn Bowl entertainment venue, a Yard House beer bar and an Asian-themed food and art marketplace are among anchor tenants coming to a master-planned complex being built at the base of a big new Las Vegas Strip observation wheel, Caesars Entertainment Corp. officials will announce Monday.

  • Watsco declares special dividend of $5 Monday, 1 Oct 2012 | 10:02 AM ET

    MIAMI-- Heating and cooling company Watsco Inc. said Monday that its board declared a special cash dividend of $5, totaling about $172 million, and a regular quarterly cash dividend of 62 cents. Albert Nahmad, Watsco's chairman CEO, said the special dividend shows management's confidence in the company and its continued ability to generate free cash flow.

  • New show goes behind the scenes at Miami airport Monday, 1 Oct 2012 | 9:09 AM ET

    MIAMI-- The Travel Channel has spent years telling stories about where people go, but now they're doing a show on how people get there. "Airport 24/ 7: Miami" offers viewers a behind-the-scenes look at what it takes to move more than 100,000 travelers each day through Miami International Airport.

  • Oct 1- General Motors Co is recalling about 41,000 Chevrolet, Pontiac and Saturn cars in the United States because of concerns that a defective plastic part might cause a fuel leak, according to the National Highway Traffic Safety Administration.

  • Chamber launches voter mobilization effort Monday, 1 Oct 2012 | 4:07 AM ET

    WASHINGTON-- The U.S. Chamber of Commerce, which has spent tens of millions of dollars on television ads to help boost Republican congressional candidates, launched an extensive effort on Monday to mobilize voters. It also will include information on House and Senate races and a comparison of the candidates on the issues.

  • Dislodged seats force emergency landing at JFK Monday, 1 Oct 2012 | 12:56 AM ET

    NEW YORK-- American Airlines says a Boston to Miami flight had to make an emergency landing at JFK airport over the weekend due to a row of dislodged seats. The unit of AMR Corp. said in a statement that passengers in the affected row were moved to three other seats. Passengers aboard the flight were placed on another aircraft for the trip to Miami.

  • NEW YORK Oct 1- Hedge fund manager Zack Buckley made the case against data analytics company Splunk Inc, sending the recently public company's shares falling on Monday.