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  • Peco Foods announces expansion in Arkansas Wednesday, 24 Oct 2012 | 2:01 PM ET

    BATESVILLE, Ark.-- Peco Foods says it will add 300 jobs in eastern Arkansas by expanding a feed mill in Newark and a processing plant in Batesville. Peco Foods announced the expansion Wednesday alongside local leaders and Gov. Peco Foods is the eighth-largest poultry processor in the United States.

  • Honeywell buying Saia Burgess Controls for $130M Wednesday, 24 Oct 2012 | 11:44 AM ET

    MORRIS TOWNSHIP, N.J.-- Technology and manufacturing company Honeywell International Inc. said Wednesday it agreed to buy Saia Burgess Controls for $130 million. Saia Burgess controls is based in Switzerland and it is owned by Johnson Electric Group of Hong Kong. Shares of Honeywell fell 7 cents to $61.48 in morning trading.

  • UPDATE 1-Singapore Airlines in $7.5 bln Airbus deal Wednesday, 24 Oct 2012 | 11:31 AM ET

    SINGAPORE, Oct 24- Singapore Airlines will order five Airbus A380 aircraft and 20 more A350 planes in a deal valued at $7.5 billion, looking beyond a business slowdown that has led the carrier to stop hiring cadet pilots for now.

  • Report: NJ third-highest in-state tuition costs Wednesday, 24 Oct 2012 | 11:20 AM ET

    The College Board says the sticker price of in-state tuition at four-year public universities climbed an average of roughly $400 this fall to $8,655, an increase of nearly 5 percent. New Jersey has the third-highest published in-state tuition charges, at more than $12,000.

  • Record month for air travel at NY-area airports Wednesday, 24 Oct 2012 | 11:17 AM ET

    NEWARK, N.J.-- The New York area's three major airports are experiencing record passenger traffic. The Port Authority of New York and New Jersey says traffic at LaGuardia, JFK and Newark Liberty airports increased by slightly more than 10 percent in August compared to a year ago.

  • Oct 24- Victims of a deadly U.S. meningitis outbreak are starting to sue the physicians and clinics that administered tainted steroid shots, and the success of the suits could hinge on whether judges decide the injections are subject to product liability or medical malpractice laws.

  • *Vegas less powerful in casino world after Macau boom. With no full-time staff in Asia and a mission that includes nurturing an industry increasingly dependent on China- controlled Macau, the granddaddy of U.S. gambling regulators may ultimately prove powerless to police a global business of which Las Vegas is no longer the capital, industry veterans said.

  • Wyndham Worldwide 3Q earnings slip on currency Wednesday, 24 Oct 2012 | 10:14 AM ET

    PARSIPPANY, N.J.-- Wyndham Worldwide Corp. said Wednesday its third-quarter earnings fell 9 percent as the impact of a stronger dollar and higher costs overshadowed improving revenue. Taking out the effect of currency exchange, Wyndham said net income would have grown by 6 percent.

  • BASF plant being constructed in Ascension Parish Wednesday, 24 Oct 2012 | 9:56 AM ET

    GEISMAR, La.-- BASF is building a formic acid production plant in Louisiana's Ascension Parish that will create 20 new jobs. Bobby Jindal and company executives were at the groundbreaking Tuesday, at the company's 2,600- acre complex in Geismar, which is home to nearly two dozen chemical plants.

  • NJ contractor fined $7.7 mil; barred from business Wednesday, 24 Oct 2012 | 9:18 AM ET

    Attorney General Jeffrey S. Chiesa said John Kot of Garwood operated multiple home improvement companies that in many cases performed shoddy work, failed to honor warranties or return consumer deposits for work not performed, and failed to obtain proper permits on several jobs.

  • *Vegas less powerful in casino world after Macau boom. With no full-time staff in Asia and a mission that includes nurturing an industry increasingly dependent on China- controlled Macau, the granddaddy of U.S. gambling regulators may ultimately prove powerless to police a global business of which Las Vegas is no longer the capital, industry veterans said.

  • Medicines Company 3Q profit down, revenue up Wednesday, 24 Oct 2012 | 12:58 AM ET

    PARSIPPANY, N.J.-- The Medicines Company reported a steep drop in third-quarter earnings Wednesday compared with the year-ago period, when the company's results were boosted by a large income tax benefit.

  • Gas gets cheaper, but still isn't cheap Wednesday, 24 Oct 2012 | 12:26 AM ET

    The national average for a gallon of gas has dropped 13 cents in the past week to $3.625. That's the biggest weekly decline since the 7- day period ended Nov. 28, 2008, according to Oil Price Information Services analyst Fred Rozell. Rozell says gas has averaged $3.65 so far this year, 10 cents above the record set in 2011..

  • Barnes & Noble says PIN pads in 63 stores hacked Tuesday, 23 Oct 2012 | 10:34 PM ET

    NEW YORK-- Barnes& Noble Inc. said Tuesday that devices used by customers to swipe credit and debit cards have been tampered with in 63 of its stores in nine states. The stores are in California, Connecticut, Florida, Illinois, Massachusetts, New Jersey, New York, Pennsylvania and Rhode Island.

  • Volcker group to say Illinois budget is unsustainable Tuesday, 23 Oct 2012 | 6:51 PM ET

    CHICAGO, Oct 23- Illinois has dug itself into such a huge financial hole that it may not be able to provide basic services to residents or meet employee benefit obligations, according to a national task force that is due to release a report about the state's finances.

  • NEW YORK, Oct 23- A panel of judges on Thursday will hear arguments that U.S. prosecutors should not have been able to play dozens of FBI wiretaps at the criminal trial of hedge fund tycoon Raj Rajaratnam, a closely watched appeal in one of the biggest insider-trading cases in a generation.

  • The Dow Jones industrial average posted its biggest point drop since June, shedding about 220 points, as large multinational companies including Dupont and United Technologies reported disappointing profits and earnings outlook.

  • IDT ending regular dividend Tuesday, 23 Oct 2012 | 6:11 PM ET

    NEWARK, N.J.-- IDT Corp., which provides telecommunications and financial services through its IDT Telecom unit, said Tuesday that it will suspend its quarterly dividend for a year and instead pay a special dividend, because of uncertainty over the federal tax treatment of dividends.

  • *DuPont drops sharply on results, UTX modestly lower. The latest string of disappointing results came from blue-chips DuPont and United Technologies, which operate around the world and in many industries. DuPont shares lost more than 8 percent, leading the Dow industrials lower.

  • Amgen 3Q profit jumps on lower costs, higher sales Tuesday, 23 Oct 2012 | 4:36 PM ET

    TRENTON, N.J.-- Biotech drugmaker Amgen Inc. said Tuesday that its third-quarter profit more than doubled from a year ago, when a huge legal-reserve charge weighed down results. Amgen said its net income adjusted to exclude one-time items was $1.31 billion, or $1.67 per share, up from $1.28 billion, or $1.40 per share.