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  • 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.

  • Oct 11- Two of Caterpillar Inc's five group presidents are retiring, a loss of key talent as the world's largest maker of tractors, excavators and other heavy equipment tries to navigate the rough global economy.

  • TOKYO, Oct 12- Japan's Nikkei average is likely to rebound on Friday from its lowest close in more than two months, but concerns over the quarterly earnings season means the benchmark is still on track for a fourth straight week of losses. Mobile operator Softbank Corp will be in focus as it looks to buy roughly 70 percent of U.S. Sprint Nextel Corp.

  • Caterpillar says 2 group presidents retiring Thursday, 11 Oct 2012 | 4:26 PM ET

    PEORIA, Ill.-- Caterpillar said on Thursday that long-time executives Rich Lavin and Gerard Vittecoq are retiring, and the heavy-equipment maker named their replacements. Lavin was Caterpillar's group president for Construction Industries and Growth Markets.

  • UPDATE 4-Kraft to sell Maxwell House K-cups for Keurig Thursday, 11 Oct 2012 | 4:24 PM ET

    *Kraft will not pay royalties to Green Mountain. *Green Mountain stock falls, recovers. NEW YORK, Oct 11- Kraft Foods Group Inc plans to sell Maxwell House and Gevalia single-serve coffee pods compatible with Keurig brewing systems, in another blow to Keurig parent Green Mountain Coffee Roasters Inc.

  • Minnesota projected to harvest record corn crop Thursday, 11 Oct 2012 | 4:02 PM ET

    MINNEAPOLIS-- Despite the drought that parched much of the rest of the country, 2012 is shaping up as a pleasant surprise for many Minnesota farmers who are expected to harvest record corn and sugarbeet crops. "It went better than we thought it would _ by a long ways _ that's for sure," southwestern Minnesota corn and soybean farmer Scott Johnson said with a laugh.

  • *Wal-Mart lines up 6 major health centers for procedures. *Wal-Mart has covered transplants since 1996 By Jessica Wohl.

  • Grains futures rose, livestock prices fall Thursday, 11 Oct 2012 | 3:30 PM ET
  • Two of Caterpillar's five group presidents retiring Thursday, 11 Oct 2012 | 2:57 PM ET

    Oct 11- Two of Caterpillar Inc's five group presidents are retiring, a loss of key talent as the world's largest maker of tractors, excavators and other heavy equipment tries to navigate the rough global economy.

  • *Kraft will not pay royalties to Green Mountain. NEW YORK, Oct 11- Kraft Foods Group Inc plans to sell Maxwell House and Gevalia K-cup single-serve coffee pods compatible with Keurig brewing systems, a spokesman said on Thursday, in another blow to Keurig parent Green Mountain Coffee Roasters Inc.

  • Drought holds steady, clouding winter crop outlook Thursday, 11 Oct 2012 | 10:56 AM ET

    The USDA now estimates that farmers will harvest 10.71 billion bushels of corn, down from last month's estimate of 10.73 billion bushels. The USDA said 69 percent of the nation's corn crop has been brought in from the fields as of Monday, more than double the average rate of the previous five years.

  • Utah foreclosure rate holds steady at No. 16 in US Thursday, 11 Oct 2012 | 10:54 AM ET

    SALT LAKE CITY-- Utah's September foreclosure rate remains the 16th highest in the nation for a second month. Data released Thursday by RealtyTrac Inc. shows that one in every 903 Utah housing units saw a foreclosure filing in September. Florida, California, Illinois, Arizona and Nevada had the highest foreclosure rates in the nation in August.