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  • Va. escapes worst of recession but new fears ahead Saturday, 13 Oct 2012 | 1:07 PM ET

    While Virginia escaped the worst of the recession _ unemployment peaked at 7.3 percent _ uneasiness about the future is in the air. For good reason: The state's fortunes are tied to the outcome of the deficit debate on Capitol Hill and its outcome could dramatically alter its economy. Virginia is home to the Pentagon, the CIA, Naval Station Norfolk, Fort A.P.

  • NEW YORK/ WASHINGTON, Oct 12- U.S. regulators granted a last-minute reprieve to CME Group Inc. By saying that a swathe of widely traded energy, metals and agricultural swaps would not be counted toward a threshold triggering costly new regulations until Dec. 31, the Commodity Futures Trading Commission brought relief to big traders like BP.

  • CHICAGO, Oct 12- The widening outbreak of fungal meningitis that has infected 184 Americans and killed 14 people is a new phenomenon for doctors, who typically only see such infections in patients with compromised immune systems.

  • NEW YORK/ WASHINGTON, Oct 12- U.S. regulators granted a last-minute reprieve to CME Group Inc and big energy traders on Friday, giving them until the end of the year to convert billions of dollars in commodity swaps to futures contracts.

  • NEW YORK/ WASHINGTON, Oct 12- U.S. regulators granted a last-minute reprieve to CME Group Inc and big energy traders on Friday, giving them until the end of the year to convert billions of dollars in commodity swaps to futures contracts.

  • Oct 12- CVS Caremark Corp said on Friday it has not been contacted by the U.S. government regarding alleged claims the drugstore chain refilled prescriptions and sought reimbursement for them without the approval of patients.

  • TEXT-S&P affirms Pekin Life Insurance Co ratings Friday, 12 Oct 2012 | 3:30 PM ET

    Rating Action On Sept. 21, 2012, Standard& Poor's Ratings Services affirmed its' BBBpi' counterparty credit and financial strength ratings on Pekin Life Insurance Co.. PLIC is majority owned by Farmers Automobile Group and its wholly-owned subsidiary, Pekin Insurance Co. We rate PLIC on a stand-alone basis.

  • Sears' Hometown spinoff rises in debut Friday, 12 Oct 2012 | 2:58 PM ET

    NEW YORK-- Shares of Sears Holdings Corp.' s spinoff of its Hometown and Outlet Stores are rising on their debut trading day. The Hoffman Estates, Ill., company, which runs Kmart and Sears stores, had signaled in February that it would split off Sears Hometown and Outlet Stores Inc. as a separate publicly traded entity.

  • Critics: Ore. casino investors have mixed record Friday, 12 Oct 2012 | 11:57 AM ET

    The opposition campaign is funded primarily by the Confederated Tribes of Grand Ronde, which runs Spirit Mountain Casino, the nearest casino to Portland. The new Oregon casino would be owned by PDX Entertainment company, a corporation with about 19 shareholders created in March and based in Lake Oswego.

  • *Kraft will not pay royalties to Green Mountain* Maxwell House to sell unlicensed Keurig-style cups* Green Mountain stock falls, recovers By Martinne Geller.

  • Armstrong foundation fighting for future Friday, 12 Oct 2012 | 9:42 AM ET

    AUSTIN, Texas-- Lance Armstrong can never ride again in the world's top cycling races. His cancer-fighting foundation, however, plans to plunge ahead, despite the sanctions laid on Armstrong by the U.S. Anti-Doping Agency and its blistering report that portrays the cyclist as cheating his way through seven Tour de France victories.

  • Judge to sentence Ind. doctor who hid for 5 years Friday, 12 Oct 2012 | 9:39 AM ET

    SOUTH BEND, Ind.-- A federal judge is scheduled to decide how long a former Indiana surgeon captured in Italy after five years on the run will spend in prison after pleading guilty to 22 counts of health care fraud. He was arrested on a mountain in Italy in December 2009, more than five years after he disappeared during a vacation.

  • Chicago schools CEO replaced after 17 months Friday, 12 Oct 2012 | 9:33 AM ET

    CHICAGO-- Just three weeks after the resolution of Chicago's first teachers' strike in a quarter-century, Mayor Rahm Emanuel's efforts to improve schools face more upheaval with the resignation of the public school system's CEO.

  • NEW YORK, Oct 12- U.S. stocks were poised for modest gains at the open on Friday, in the wake of sterling results from JP Morgan and data showing inflation pressure remained in check. Investors remained concerned over the prospects for corporate profit growth, in light of the tepid economies in the U.S. and Europe.

  • VP debate tees up closing issues for Romney, Obama Friday, 12 Oct 2012 | 8:33 AM ET

    DANVILLE, Ky.-- In a spirited debate that laid out stark choices, Joe Biden and Paul Ryan teed up pointed arguments on the economy, social policy and America's place in the world that President Barack Obama and GOP rival Mitt Romney now will drive forward into the campaign's final stretch.

  • CHICAGO, Oct 12- There aren't too many places left to look for higher yields these days.

  • Republican groups turning focus to House races Friday, 12 Oct 2012 | 8:20 AM ET

    Outside groups have spent about $60 million trying to help GOP candidates since June 1 and about $49 million trying to help out Democratic candidates, according the Sunlight Foundation.

  • Ahead of the Bell: Sears completes spinoff Friday, 12 Oct 2012 | 7:00 AM ET

    HOFFMAN ESTATES, Ill.-- Sears Holdings has completed the spinoff of its Hometown and Outlet stores. Sears Holdings Corp. received $446.5 million in gross proceeds. Sears Holdings, which also runs Kmart, said Thursday that Sears Hometown is expected to start trading on the Nasdaq on Friday under the "SHOS" ticker symbol.

  • Sears' Hometown spinoff edges lower in debut Friday, 12 Oct 2012 | 12:25 AM ET

    NEW YORK-- Shares of Sears Holdings Corp.' s spinoff of its Hometown and Outlet Stores are declining on its debut trading day. The Hoffman Estates, Ill., company, which runs Kmart and Sears stores, had signaled in February that it would split off Sears Hometown and Outlet Stores Inc. as a separate publicly traded entity.

  • Caterpillar says two more executives will retire Friday, 12 Oct 2012 | 12:16 AM ET

    Oct 12- Two vice presidents at Caterpillar Inc. The retirements of four senior executives at nearly the same time, as well as the shuffling of five other executives to different positions, come less than a month after Chief Executive Doug Oberhelman cut Caterpillar's 2015 earnings forecast, citing slumping demand and rising commodity prices.