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  • NEW YORK, Oct 4- So far this year, top U.S. brokers managing more than $86 billion in client assets have decamped for a rival firm or decided go it alone- a troubling trend for big brokerages as teams with larger books of client assets depart. Morgan Stanley Wealth Management and Bank of America's.

  • Security startup Cylance acquires Ridgeway of Dallas Thursday, 4 Oct 2012 | 3:36 PM ET

    BOSTON, Oct 4- Cylance Inc, a startup founded by McAfee Inc's former global chief technology officer, has acquired a tiny Dallas firm that provides technology to fight web-based cyber attacks.

  • They generated more than $1 million in annual revenue last year at Morgan Stanley Wealth Management, the brokerage formed out of the merger of Morgan Stanley's wealth business and Citigroup's Smith Barney in 2009..

  • Mo. Rep. Akin failed to report state pension Thursday, 4 Oct 2012 | 2:57 PM ET

    JEFFERSON CITY, Mo.-- Republican Senate candidate Todd Akin on Thursday released a decade's worth of federal financial reports he has updated with nearly $130,000 in state pension income that he received, but failed to disclose, over that time.

  • Outbreak spotlights risks from custom-mixed drugs Thursday, 4 Oct 2012 | 2:24 PM ET

    Two people blinded in Washington, D.C., in 2005. Three dead in Virginia in 2006 and three more in Oregon the following year. Twenty-one dead polo horses in Florida in 2009. Earlier this year, 33 people in seven states with fungal eye infections. Unlike manufactured drugs, these products are not subject to approval by the Food and Drug Administration.

  • Debate thrusts Big Bird into presidential campaign Thursday, 4 Oct 2012 | 2:19 PM ET

    "Saturday Night Live," Jimmy Fallon, Piers Morgan, the "Today" show and "Good Morning America" all asked for appearances from the "Sesame Street" character on Thursday after he was unexpectedly thrust into the presidential campaign by Mitt Romney.

  • Retirees turn more attention to personal legacies Thursday, 4 Oct 2012 | 2:10 PM ET

    CHICAGO-- A growing number of retirees are looking to pass along more to the next generation than money and possessions. "There's an element regarding money, but it is really more about affirming your life as a legacy," says Neal Van Zutphen, a certified financial planner in Mesa, Ariz..

  • Private college costs up again but at slower rate Thursday, 4 Oct 2012 | 1:56 PM ET

    The figures released Thursday by the National Association of Independent Colleges and Universities highlight some of the complexities within an overall trend of rising college costs. The list price at private colleges remains substantially higher than at publics _ $29,230 this fall compared to a bit over $8,000 last year at public institutions.

  • First Niagara to cut some jobs, recruit for others Thursday, 4 Oct 2012 | 1:38 PM ET

    BUFFALO, N.Y.-- First Niagara Financial Group says it's realigning some staffing and will do away with 180 positions as it recruits for 250 others. The bank says it's hired 2,700 people over the past two years, including 1,200 from its recent purchase of 195 HSBC branches in New York and southwestern Connecticut.

  • Outbreak spotlights safety of custom-mixed drugs Thursday, 4 Oct 2012 | 11:37 AM ET

    Custom-mixed medicines like the steroid shots suspected in a meningitis outbreak have long been a source of concern, and their use is far wider than many people realize.

  • NY recognized for being an energy efficient state Thursday, 4 Oct 2012 | 10:35 AM ET

    ALBANY, N.Y.-- New York is being recognized for being an energy-efficient state. The American Council for an Energy-Efficient Economy rated New York No. 3 behind Massachusetts and California in its state-by-state scorecard for energy efficiency released Wednesday.

  • Curt Schilling might have to sell bloody sock Thursday, 4 Oct 2012 | 10:25 AM ET

    PROVIDENCE, R.I.-- Former Boston Red Sox pitcher Curt Schilling might have to sell or give up the famed blood-stained sock he wore on the team's way to the 2004 World Series championship to cover millions of dollars in loans he guaranteed to his failed video game company.

  • Mass. tax take misses benchmark for 3rd month Thursday, 4 Oct 2012 | 10:06 AM ET

    BOSTON-- Tax collections in Massachusetts fell short of benchmarks for a third straight month, the state revenue department reported Wednesday, prompting officials to examine whether revenue projections for the current fiscal year should be thrown out.

  • TJX key revenue figure rose 6 pct in September Thursday, 4 Oct 2012 | 9:34 AM ET

    FRAMINGHAM, Mass.-- The owner of the TJ Maxx and Marshalls clothing store chains said Thursday that revenue in shops open at least a year rose 6 percent in September, beating Wall Street predictions. Analysts polled by Thomson Reuters expected an increase of 4.5 percent for TJX Cos.

  • Many watch debate; some are pleased, few are moved Thursday, 4 Oct 2012 | 9:29 AM ET

    "A guy like Romney should excite me," said Becker, 30, a Republican who manages real estate investments in Fairfield, a charming shoreline town on Connecticut's affluent "gold coast." That was before the 90- minute head-to-head matchup between Romney and President Barack Obama in Denver, their first of three debates before Election Day.

  • NEW YORK, Oct 4- The number of Americans filing new claims for unemployment benefits rose less than expected last week, according government data on Thursday that suggested a mild improvement in the labor market. IAN LYNGEN, SENIOR GOVERNMENT BOND STRATEGIST AT CRT CAPITAL GROUP IN STAMFORD, CONNECTICUT. SEAN INCREMONA, ECONOMIST, 4 CAST LTD, NEW YORK.

  • NEW YORK, Oct 4- The number of Americans filing new claims for unemployment benefits rose less than expected last week, according government data on Thursday that suggested a mild improvement in the labor market. SEAN INCREMONA, ECONOMIST, 4 CAST LTD, NEW YORK. JOHN CANALLY, ECONOMIST, LPL FINANCIAL, BOSTON.

  • Rare US meningitis outbreak grows; 4 dead, 22 sick Thursday, 4 Oct 2012 | 8:40 AM ET

    Eighteen of the cases are in Tennessee, where a Nashville clinic received the largest shipment of the steroid.. Three cases have been reported in Virginia, two in Maryland, two in Florida and one in North Carolina. Two of the deaths were in Tennessee, and Virginia and Maryland had one each, said officials at the Centers for Disease Control and Prevention.

  • NEW YORK, Oct 4- The number of Americans filing new claims for unemployment benefits rose less than expected last week, according government data on Thursday that suggested a mild improvement in the labor market. JOHN CANALLY, ECONOMIST, LPL FINANCIAL, BOSTON. OMER ESINER, CHIEF STRATEGIST, COMMONWEALTH FOREIGN EXCHANGE, WASHINGTON.

  • Romney would end Obama immigration policy Thursday, 4 Oct 2012 | 8:38 AM ET

    DENVER-- Republican presidential candidate Mitt Romney would end an Obama administration policy allowing some young illegal immigrants to stay in the country and work, though anyone already granted a reprieve from possible deportation wouldn't see that permission revoked.