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  • *Alcoa settlement also includes alumina supply contracts. DUBAI, Oct 9- Alcoa Inc will pay $85 million in cash and enter long-term raw material supply contracts with Aluminum Bahrain to settle the Bahraini firm's racketeering and fraud lawsuit against Alcoa, the companies said on Tuesday.

  • NEW YORK, Oct 9- United Refining Inc has agreed to buy Phillips 66' s marine terminal and associated assets near New York Harbor, a deal that will add a five-million-barrel oil storage facility to the company's northeast assets, the two companies said on Tuesday.

  • Oct 9- RBC Wealth Management, a division of the Royal Bank of Canada, said on Tuesday it added a team of veteran advisers from Morgan Stanley Wealth Management to join its Dallas office.

  • Neiman Marcus offers hen house, Spider for holiday Tuesday, 9 Oct 2012 | 1:11 PM ET

    DALLAS-- Luxury retailer Neiman Marcus rolled out its annual holiday catalog Tuesday, and the priciest gift this year is a pair of "his and hers" timepieces for just over $1 million from Van Cleef& Arpels.

  • Texas Chute Out ride at Six Flags to be imploded Tuesday, 9 Oct 2012 | 11:44 AM ET

    The amusement park in Arlington on Tuesday announced plans to implode the 200- foot-tall Texas Chute Out. Park officials say the implosion will happen Wednesday afternoon but Arlington city officials have asked that the exact time not be made public. Six Flags Over Texas is operated by Six Flags Entertainment Corp..

  • UPDATE 2-TNK-BP oligarchs try to dodge Rosneft Tuesday, 9 Oct 2012 | 11:05 AM ET

    By Andrew Callus and Douglas Busvine. LONDON/ MOSCOW, Oct 9- The billionaires who co-own Russian oil venture TNK-BP and want to buy out partner BP have told the British company they would rather sell their half of the $50 billion business than end up in a devalued partnership with state-backed rival bidder Rosneft.

  • Oct 9- Standard& Poor's Ratings Services said today that it left its' BB+' issue-level rating and its' 3' recovery rating unchanged on Western Gas Partner L.P.' s existing $520 million 4% notes due 2022 after the partnership announced it proposed to make an add-on of up to $150 million to the issue.

  • Initiative ends break for out-of-state businesses Tuesday, 9 Oct 2012 | 10:14 AM ET

    SACRAMENTO, Calif.-- A ballot initiative funded by a billionaire hedge fund manager is asking California voters to do what Gov. Opponents argue that repealing the tax break given three years ago would make California less friendly to multistate corporations and threaten existing jobs.

  • Cash America buying 34 new stores in US Tuesday, 9 Oct 2012 | 10:03 AM ET

    FORT WORTH, Texas-- Less than two weeks after announcing plans to slash its operations in Mexico, Cash America is adding new pawn shops in the U.S. The Fort Worth, Texas, company said Tuesday that it has signed two deals for 34 locations, in Tennessee, North Carolina, Kentucky and Arizona, for $68 million to $72 million.

  • *Launch now targeted for 1:30 p.m. EDT ( 1730 GMT. Oct 9- Plans for an Austrian daredevil to skydive from a balloon 23 miles over the New Mexico desert were on hold on Tuesday due to winds, but his team said the death-defying stunt could still happen later in the day.

  • Fossil Vice Chairman Quick to retire from post Tuesday, 9 Oct 2012 | 9:53 AM ET

    RICHARDSON, Texas-- Fossil says Vice Chairman Mark Quick will retire from his post later this month and become a member of the board. This will bring Fossil Inc.' s board to 12 members. Shares of the Richardson, Texas company slipped 16 cents to $86.50 in morning trading.

  • High court looks at race in college admissions Tuesday, 9 Oct 2012 | 9:12 AM ET

    WASHINGTON-- Nine years after the Supreme Court said colleges and universities can use race in their quest for diverse student bodies, the justices have put this divisive social issue back on their agenda in the middle of a presidential election campaign.

  • Tuesday Morning expects small increase in 1Q sales Tuesday, 9 Oct 2012 | 9:09 AM ET

    DALLAS-- First-quarter revenue at discount retailer Tuesday Morning rose slightly to $172.8 million, from $170.7 million, in the same quarter last year. Excluding one-time items, Tuesday Morning Corp. it expects its net loss for the quarter to "increase modestly" from the same quarter last year. Shares rose 6 cents to $6.28 in premarket trading.

  • Restaurant chain Steak 'n Shake targets Mideast Tuesday, 9 Oct 2012 | 9:04 AM ET

    The diner-style chain said on Tuesday it and regional partner Saleh Bin Lahej Group plan to open 40 restaurants starting next year across the United Arab Emirates, a seven-state federation that includes the cities of Dubai and Abu Dhabi.

  • Oct 9- American Spectrum Realty Inc:. *Announces the sale of beltway industrial park in Houston, tx. *Says expects to recognize a gain of approximately $5.5 million before income.

  • Oct 9- Plans for an Austrian daredevil to skydive from a balloon 23 miles over the New Mexico desert were on hold on Tuesday due to winds, but his team said the death-defying stunt could still happen later in the day.

  • MRC Global issues strong 3Q outlook Tuesday, 9 Oct 2012 | 8:42 AM ET

    HOUSTON-- MRC Global Inc. on Tuesday issued strong third-quarter financial guidance and raised the high end of its revenue prediction for the full year. The Houston- based global energy products distributor, which went public in April, said it expects to post third-quarter net income of between 45 cents and 52 cents per share.

  • *Baird cuts ON Semiconductor Corp price target to $8 from $9. *Baird raises SanDisk Corp price target to $47 from $32. Reuters Station users, click. 1568.

  • *Lawmakers call for stronger FDA role. *Supreme Court may have to settle legal questions. Democratic lawmakers said the new crisis showed it was time for Congress to strengthen the FDA's hand in overseeing this side of the drug industry.

  • *Launch now targeted for 1:15 p.m. EDT ( 1715 GMT. Oct 9- A n Austrian daredevil made last-minute preparations on Tuesday for a death-defying s kydive from a balloon 23 miles over the New Mexico desert af ter delays due to winds earlier in the day.