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  • Baggage handler at NYC airport gets life in prison Tuesday, 16 Oct 2012 | 4:12 PM ET

    Former American Airlines baggage handler Victor Bourne was found guilty last year of charges he used his behind-the-scenes access at New York City's busiest airport to orchestrate the smuggling of more than 330 pounds of cocaine from 2000 to 2009.. District Judge Nicholas Garaufis said at the sentencing in federal court in Brooklyn.

  • Texas meat company recalling beef, pork products Tuesday, 16 Oct 2012 | 4:02 PM ET

    DALLAS-- Federal health officials say a Dallas- based meat distributor is recalling about 8,200 pounds of beef and pork products because they weren't inspected and were improperly labeled.

  • Tenet Healthcare closes offering of $800M in notes Tuesday, 16 Oct 2012 | 3:45 PM ET

    DALLAS-- Tenet Healthcare Corp. said Tuesday that it completed its private offering of $500 million of its 4.75 percent senior secured notes due 2020 and $300 million of its 6.75 percent senior notes due 2020.. The Dallas- based hospital operator plans to use the proceeds to buy its 7.375 percent senior notes due 2013 through a tender offer.

  • AP source: Beyonce set for Super Bowl halftime Tuesday, 16 Oct 2012 | 11:21 AM ET

    A source familiar with Super Bowl XLVII told The Associated Press the Grammy-winning diva will take the stage at the halftime show on Feb. 3, 2013, at the Mercedes-Benz Superdome in New Orleans. The 31- year-old sang the national anthem at Super Bowl XXXVIII in 2004 in her hometown of Houston when the New England Patriots defeated the Carolina Panthers.

  • Vikings fans share ideas for new football stadium Tuesday, 16 Oct 2012 | 11:17 AM ET

    MINNEAPOLIS-- Minnesota Vikings fans expressed strong opinions late Monday about features they want in the team's new stadium, from a retractable roof and more leg room _ to it being shaped like a giant castle.

  • Basic Energy cuts 3Q outlook, gets SEC subpoena Tuesday, 16 Oct 2012 | 11:10 AM ET

    FORT WORTH, Texas-- Basic Energy Services, which provides services for oil and gas wells, lowered its third-quarter revenue forecast Tuesday, as some of its September results came in weaker than expected.

  • Murphy to split off its retail division Tuesday, 16 Oct 2012 | 10:18 AM ET

    EL DORADO, Ark.-- Murphy Oil is splitting in two in order to better focus on the separate tasks of exploration and production, and the sale of gasoline and other goods through its retail locations. Murphy Oil will continue to explore for and produce oil in the U.S., Canada and Malaysia.

  • Murphy to split into separate E&P, retail company Tuesday, 16 Oct 2012 | 9:18 AM ET

    EL DORADO, Ark.-- Murphy Oil is splitting in two in order to better focus on the separate tasks of exploration and production, and the sale of gasoline and other goods through its retail locations. Murphy will become an independent oil exploration and production company focused on the U.S., Canada and Malaysia.

  • Earnings Preview: Southwest seen posting profit Tuesday, 16 Oct 2012 | 6:58 AM ET

    DALLAS-- Traffic and average prices both weakened in September, but analysts believe Southwest Airlines still made money in the third quarter. Southwest, which carries the most passengers within the U.S. of any airline, is scheduled to report financial results on Thursday.

  • Boardwalk unit buys remaining PL Midstream stake Monday, 15 Oct 2012 | 6:15 PM ET

    NEW YORK-- Boardwalk Pipeline Partners LP said Monday that a subsidiary has purchased the remaining 65 percent equity interest in PL Midstream LLC from Boardwalk Pipelines Holding Corp. for $269 million. The holding corporation is a wholly owned subsidiary of Loews Corp. and the parent of Boardwalk Pipeline Partners' general partner.

  • Pacific Premier buying First Associations Bank Monday, 15 Oct 2012 | 5:33 PM ET

    COSTA MESA, Calif.-- Pacific Premier Bancorp. Inc. said Monday that it agreed to buy First Associations Bank in a deal valued at $53.7 million. First Associations had $356.2 million in assets and $305.5 million in deposits as of Sept. 30.

  • Ex-Houston attorney pleads guilty in Ponzi scheme Monday, 15 Oct 2012 | 1:22 PM ET

    HOUSTON-- A former attorney in Houston who portrayed himself as a real estate investment tycoon has pleaded guilty in a $7.8 million Ponzi scheme. Federal prosecutors in Houston say 67- year-old Billy Frank Davis pleaded guilty Monday to wire fraud. Investigators say more than 20 investigators were scammed.

  • Univ. of Texas joins online course program edX Monday, 15 Oct 2012 | 1:21 PM ET

    AUSTIN, Texas-- University of Texas regents approved a plan Monday to offer courses to students around the world through an advanced online platform alongside Harvard, MIT and the University of California-Berkeley.

  • Galveston reports record $8.4M in tourism revenue Monday, 15 Oct 2012 | 10:55 AM ET

    GALVESTON, Texas-- Galveston had a record $8.4 million in peak-season tourism revenue this year in a continuing turnaround since Hurricane Ike battered the Southeast Texas island. The Galveston County Daily-News reported Monday that officials believe a $100,000 marketing campaign called "It's Island Time" contributed to the increase.

  • Landowners on border say they were shortchanged Monday, 15 Oct 2012 | 9:51 AM ET

    BROWNSVILLE, Texas-- When the federal government began seizing private land along the U.S.- Mexico border to build a towering fence, Teofilo Flores was offered $1,650 for a slice of his backyard. And another nearby farmer pocketed $1 million in exchange for his cooperation.

  • Facts about the amphibious Quadski Sunday, 14 Oct 2012 | 2:10 PM ET

    Gibbs Sports Amphibians says its new Quadski, which can drive on land as well as in the water, will go on sale before the end of this year. _ PRICE: The company says it will cost around $40,000. Dealerships will be concentrated in New York, Boston, the Great Lakes, Florida and Texas.

  • Amphibious vehicle to go on sale soon in US Sunday, 14 Oct 2012 | 1:47 PM ET

    DETROIT-- Amphibious vehicles could soon be zooming out of James Bond's garage _ or pond _ and into yours. Michigan- based Gibbs Sports Amphibians Inc. hopes to sell the vehicle worldwide by 2014.. It's sort of magic, "the founder of Gibbs Sports Amphibians, Alan Gibbs, told The Associated Press in a recent interview.

  • The U.S. House of Representatives' Energy and Commerce Committee called on the Massachusetts pharmacy board to tell congressional staff what it knew about the New England Compounding Center before the recall of more than 17,000 vials of injectable steroid treatments for back and joint pain from health facilities in 23 states.

  • WASHINGTON, Oct 12- The U.S. House of Representatives on Friday widened its investigation into the deadly meningitis outbreak to include the role health regulators played in monitoring the pharmacy that produced steroid treatments suspected of causing the crisis.

  • HOUSTON, Oct 12- The U.S. Nuclear Regulatory Commission said its latest analysis of seismic faults near PG&E Corp's Diablo Canyon nuclear station in California showed the coastal plant could withstand an earthquake generated by an offshore fault identified in 2008, according to a statement on Friday.

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