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  • American Airlines, pilots resume contract talks Wednesday, 3 Oct 2012 | 6:08 PM ET

    FORT WORTH, Texas-- American Airlines is making a peace offering to its pilots as the two sides resume contract talks. The changes could amount to "a few percentage points" of pay for about one-third of the union's members, said Allied Pilots Association spokesman Gregg Overman. AMR Corp.' s American Airlines and the union agreed to resume contract talks this week.

  • US gas prices trickle lower except on coasts Wednesday, 3 Oct 2012 | 5:12 PM ET

    Motorists in California paid an average of $4.232 per gallon Wednesday. That's 45 cents higher than the national average and exceeded only by Hawaii among the 50 states. Prices in New York, Connecticut and New Hampshire are at or near highs for the year.

  • Chesapeake executive compensation under review -filing Wednesday, 3 Oct 2012 | 5:06 PM ET

    HOUSTON, Oct 3- Chesapeake Energy Corp extended employment contracts with certain executives through the end of the year as its board of directors reviews the oil and gas company's compensation practices, according to a regulatory filing on Wednesday.

  • Crown Castle launches offering for T-Mobile deal Wednesday, 3 Oct 2012 | 4:56 PM ET

    HOUSTON-- Crown Castle International Corp. said Wednesday that it is launching an offering of $1.65 billion of senior notes, which are due in 2023..

  • Plane lands safely in Conn. after bird strike Wednesday, 3 Oct 2012 | 4:50 PM ET

    WINDSOR LOCKS, Conn.-- A Southwest Airlines flight from Tampa, Fla., that suffered a bird strike on its final approach has landed safely in Connecticut.

  • American Airlines loses bid to block union vote Wednesday, 3 Oct 2012 | 4:35 PM ET

    Oct 3- American Airlines, Inc lost a court battle in its effort to block a union election vote by nearly 10,000 passenger service agents. Wednesday's decision by the 5th U.S. Circuit Court of Appeals in New Orleans came amid a separate labor dispute the airline's 8,000 pilots and its parent company, AMR Corp., which filed for bankruptcy in November.

  • US cities with the highest and lowest unemployment Wednesday, 3 Oct 2012 | 4:13 PM ET
  • Unemployment rates for Southern US cities Wednesday, 3 Oct 2012 | 3:41 PM ET
  • BRIEF-Emerald Bay announces private placement Wednesday, 3 Oct 2012 | 3:38 PM ET

    Oct 3- Emerald Bay Energy Inc:. *To offer up to a maximum of 24.0 million units at a subscription price of. *Net proceeds will be used for exploration and expansion of the corporation's.

  • News Summary: Bristol-Myers, Sanofi alter alliance Wednesday, 3 Oct 2012 | 3:18 PM ET

    NEW DEAL: Bristol-Myers Squibb and France's Sanofi are revamping their longtime partnership marketing some of their best-selling medications, blood thinner Plavix and blood pressure drugs Avapro and Avalide. THE TERMS: Bristol-Myers will keep selling Plavix in the U.S. through December 2019.

  • Pennsylvania Ave. joins list of endangered spaces Wednesday, 3 Oct 2012 | 2:16 PM ET

    WASHINGTON-- Washington's Pennsylvania Avenue, sometimes called "America's Main Street," is being listed among the nation's endangered landscapes because of neglect and deferred maintenance by the National Park Service.

  • U.S. West Nile outbreak likely to be second-worst -CDC Wednesday, 3 Oct 2012 | 1:53 PM ET

    Oct 3- The outbreak of West Nile virus that has hit Texas and other states remains on pace to make 2012 the second-worst year on record for the disease in the United States, with another 424 cases and 16 deaths reported last week, government figures showed on Wednesday.

  • American Airlines loses ruling on union election Wednesday, 3 Oct 2012 | 1:43 PM ET

    DALLAS-- A federal appeals court has ruled against American Airlines, which tried to block a union election among nearly 10,000 employees. It argued that the union didn't gather enough signed cards from employees to qualify for an election under new rules approved by Congress. In February, Congress raised the standard to 50 percent.

  • TEXT-S&P revises Vantage Drilling outlook to stable Wednesday, 3 Oct 2012 | 1:43 PM ET

    --U.S.-based offshore drilling company Vantage Drilling Co.. Rating Action On Oct. 3, 2012, Standard& Poor's Ratings Services revised its outlook on Houston- based offshore drilling company Vantage Drilling Co. to stable from positive.

  • Phillips 66 boosts dividend 25 pct to 25 cents Wednesday, 3 Oct 2012 | 1:37 PM ET

    HOUSTON-- Phillips 66, a refining and pipeline company that split from ConocoPhillips in May, is raising its quarterly dividend by 25 percent to 25 cents. The Houston company's previous payout was 20 cents. Shares fell $1.02, or 2.2 percent, to $45.40 in afternoon trading.

  • NEW YORK, Oct 3- U.S. natural gas futures lost ground on Wednesday after six straight days of gains, pressured by profit-taking ahead of Thursday's weekly inventory report despite cooler weather forecasts for next week that should stir more heating demand.

  • Gulf of Mexico output to rise 43 pct by 2019-WoodMac Wednesday, 3 Oct 2012 | 1:20 PM ET

    HOUSTON, Oct 3- An exploration and production resurgence in the Gulf of Mexico two years after a six-month drilling shutdown because of the BP Plc oil spill is expected to increase output nearly 43 percent by 2019, energy consultancy Wood Mackenzie said on Wednesday.

  • UPDATE 1-3M follows other big companies - reorganizes Wednesday, 3 Oct 2012 | 1:08 PM ET

    Oct 3- 3 M Co said Wednesday it had restructured into five major business groups, down from six, and set up new roles for some of its senior executives.

  • Perry on Texas' Power Market     Wednesday, 3 Oct 2012 | 12:00 PM ET

    Texas Governor Rick Perry talks to CNBC's David Faber about his state's efforts to develop power sources in Texas.

  • TEXT-S&P ratess Roofing Supply Group proposed loan Wednesday, 3 Oct 2012 | 11:38 AM ET

    --Dallas- based Roofing Supply Group LLC plans to increase its seven-year bank term loan B by $25 million to $315 million and will utilize proceeds to repay revolving credit borrowings.