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  • Alliance Data Systems 3Q profit jumps 27 percent Thursday, 18 Oct 2012 | 12:13 AM ET

    DALLAS-- Alliance Data Systems Corp., which manages loyalty and rewards programs for retailers and others, posted a 27 percent increase in third-quarter earnings, led by growth in its private label business. Alliance said Thursday it earned $119.5 million, or $1.84 per share, in the three months that ended Sept. 30.

  • Armstrong out as Livestrong head, loses sponsors Wednesday, 17 Oct 2012 | 6:17 PM ET

    Armstrong was dumped by Nike, Anheuser-Busch and other sponsors, and he gave up the top spot at Livestrong, his beloved cancer-fighting charity, a week after an anti-doping agency released evidence of drug use by the seven-time Tour de France winner.

  • Beckett sues pipeline builder over ocelot habitat Wednesday, 17 Oct 2012 | 5:33 PM ET

    McALLEN, Texas-- Not even the legal equivalent of a fastball under the chin could stop a Texas pipeline builder from clearing acres of brush that Los Angeles Dodgers pitcher Josh Beckett claims is critical habitat for the endangered ocelot.

  • Surge in US home construction could lift economy Wednesday, 17 Oct 2012 | 5:33 PM ET

    U.S. home construction is making a comeback that could invigorate the economy's still-weak recovery. Builders last month started construction on single-family houses and apartments at the fastest rate in more than four years, the Commerce Department said Wednesday.

  • American puts up 'help wanted' sign after buyouts Wednesday, 17 Oct 2012 | 5:24 PM ET

    NEW YORK-- Wanted: A few good recruits to serve coffee and help combat terrorism at 30,000 feet. American Airlines said Wednesday that it will post job openings for 1,500 flight attendants next month. The departing flight attendants all started working before the Sept. 11 terrorist attacks that included the crashes of two American Airlines jets.

  • Kinder Morgan says 3Q net income rises 32 percent Wednesday, 17 Oct 2012 | 5:21 PM ET

    HOUSTON-- Kinder Morgan Inc. said Wednesday its third-quarter net income rose nearly 32 percent as the nation's largest natural-gas pipeline operator benefited from its acquisition of El Paso Corp in May.

  • Wanted: Flight attendants to work for less pay Wednesday, 17 Oct 2012 | 4:53 PM ET

    NEW YORK-- Wanted: A few good recruits to serve coffee and help combat terrorism at 30,000 feet. American Airlines said Wednesday that it will post job openings for 1,500 flight attendants next month. The departing flight attendants all started working before the Sept. 11 terrorist attacks that included the crashes of two American Airlines jets.

  • Comptroller: Texas Rainy Day Fund climbs to $8.1B Wednesday, 17 Oct 2012 | 2:55 PM ET

    AUSTIN, Texas-- As another budget-slashing session in the Texas Legislature potentially looms, aides to the state's chief accountant told lawmakers Wednesday that the Rainy Day Fund is about to be stocked with $8.1 billion and could climb higher next year.

  • Centene stock jumps as insurer vows Kentucky exit Wednesday, 17 Oct 2012 | 2:45 PM ET

    Shares of Centene Corp. soared Wednesday after the health insurer said it will end a contract to administer Medicaid coverage in Kentucky that had hampered its performance. A Centene official said in a brief statement that they "do not believe there is a viable path to a sustainable managed care program in Kentucky."

  • Legal path to US from Cuba still complicated Wednesday, 17 Oct 2012 | 2:33 PM ET

    WASHINGTON-- Cuba's surprise decision to make it easier for citizens to leave the country doesn't mean Cubans can book tickets on commercial planes and head for Miami. "This may end up being ado about nothing," said a Cuban-immigration expert, Jose Azel of the University of Miami's Institute for Cuban and Cuban American Studies.

  • Dean Foods to raise up to $320M in WhiteWave IPO Wednesday, 17 Oct 2012 | 2:32 PM ET

    DALLAS-- Dean Foods Co.' s subsidiary WhiteWave plans to raise up to $368 million in its initial public offering. The company, which sells Silk Soymilk and International Delight Creamers, will offer 20 million shares for between $14 and $16 per share, according to a filing with the U.S. Securities and Exchange Commission on Wednesday.

  • Diamondback Energy IPO is complete Wednesday, 17 Oct 2012 | 2:10 PM ET

    MIDLAND, Texas-- Diamondback Energy said Wednesday that completed an initial public offering of 12.5 million shares. It raised $218.8 million in the IPO, which was priced at $17.50 apiece. Diamondback Energy Inc. had projected a price of $17 to $19 per share.

  • Extravagant Home Features of the One Percent Wednesday, 17 Oct 2012 | 1:07 PM ET

    Home theaters and wine cellars have trickled down to the masses. What follows are truly exceptional features that you won’t see in just any mansion!

  • Wanted: A few good recruits at American Airlines Wednesday, 17 Oct 2012 | 10:42 AM ET

    NEW YORK-- Wanted: A few good recruits for an airline that's seen better days. To replace some of its departing staff, American Airlines will hire 1,500 flight attendants starting next month, with training beginning in January.

  • Top Destination States for Jobs Wednesday, 17 Oct 2012 | 10:06 AM ET

    Read ahead to see what they are, and find out what employment data, industries and companies are located there to make them top destination states.

  • Beckett company sues over endangered ocelot Wednesday, 17 Oct 2012 | 9:45 AM ET

    LAREDO, Texas-- A company owned by Los Angeles Dodgers pitcher Josh Beckett is suing a pipeline builder on claims that habitat for the endangered ocelot was destroyed on a South Texas ranch. The lawsuit filed Tuesday in Laredo says Eagle Ford Midstream LP violated the federal Endangered Species Act by clearing land to build a natural gas pipeline.

  • Praise, skepticism as Cuba eases travel rules Wednesday, 17 Oct 2012 | 9:16 AM ET

    HAVANA-- For the first time since the height of the Cold War more than half a century ago, Cuba is giving its people the freedom to leave the country without government permission, scrapping the detested exit visa that kept many from traveling outside the communist nation for even a few days. said Mercedes Delgado, a 73- year-old retiree. "

  • Ky. man sentenced to 8 years in investment scheme Wednesday, 17 Oct 2012 | 9:02 AM ET

    OWENSBORO, Ky.-- An Owensboro, Ky. man has been sentenced to eight years in prison and ordered to pay $1.6 million in restitution for a scheme to defraud investors in three states. Judge Joseph H. McKinley Jr. also Tuesday ordered 28- year-old Cory B. George to forfeit contents of three bank accounts totaling about $484,000 to be applied toward final restitution.

  • Armstrong stepping down as Livestrong chairman Wednesday, 17 Oct 2012 | 8:45 AM ET

    AUSTIN, Texas-- Lance Armstrong is stepping down as chairman of his Livestrong cancer-fighting charity to it can focus on its mission instead of its founder's problems. Armstrong's announcement came minutes before Nike Inc., announced it is terminating its personal contract with him.

  • American Airlines parent loses $238M in 3Q Wednesday, 17 Oct 2012 | 8:37 AM ET

    NEW YORK-- American Airlines parent company AMR lost $238 million in the third quarter on employee severance payouts and other costs related to its bankruptcy. A year ago, AMR lost $162 million, or 48 cents per share. AMR Corp. said its core performance improved.