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  • Feds charge 91 people in $429M Medicare fraud Thursday, 4 Oct 2012 | 1:56 PM ET

    WASHINGTON-- A federal strike force has charged 91 people, including a hospital president, doctors and nurses, with Medicare fraud schemes in seven cities involving $429 million in false billings. The law enforcement effort focused on fraudulent Medicare schemes in Baton Rouge, La.; Brooklyn, N.Y.; Chicago; Dallas; Houston; Los Angeles and Miami.

  • Oil posts biggest gain in 2 months, tops $91 Thursday, 4 Oct 2012 | 1:53 PM ET

    Tensions between Syria and Turkey gave oil prices their biggest jump in two months Thursday, while refinery outages boosted wholesale gasoline prices. Oil settled at $91.71 per barrel, up by $3.57, or 4 percent, on the New York Mercantile Exchange. Oil prices rose after Turkey's military fired on targets in Syria for the second day.

  • Brent, US oil rise more than $3 on Turkey tensions Thursday, 4 Oct 2012 | 1:40 PM ET

    Oct 4- Crude oil futures rose more than $3 a barrel on Thursday, with Brent rising above $111 a barrel as Turkey's retaliatory strikes on a Syria heightened tensions in the Middle East, while U.S. gasoline futures rallied after a fire at a refinery in Texas.

  • WASHINGTON, Oct 4- The number of Americans filing new claims for unemployment benefits rose only slightly last week after a big drop the week before, a hopeful sign the job market is still on the mend.

  • *Turkey strikes on Syria raise regional security fears. NEW YORK, Oct 4- Oil prices jumped 2 percent Thursday as Turkey's retaliatory strikes on a Syria sparked more concern about potential disruptions to Middle East oil supply, while U.S. gasoline futures rallied after a fire at a refinery in Texas.

  • *NRC must approve of San Onofre Unit 2 restart. Oct 4- U.S. nuclear regulators said Thursday they would take months to review Southern California Edison's plan to restart a reactor at the long idled San Onofre nuclear power plant in California.

  • American Airlines finishes loose-seat inspections Thursday, 4 Oct 2012 | 11:36 AM ET

    FORT WORTH, Texas-- American Airlines says it has finished inspecting 48 planes and fixing loose seats on some of them. A spokeswoman said Thursday that engineers were still determining how many planes needed repairs. The airline says all the planes are back in service.

  • Starbucks to allow 'digital tipping' Thursday, 4 Oct 2012 | 11:31 AM ET

    Starbucks is making an app for that. A similar option will also be available on Square, a new payment app that Starbucks customers will be able to use starting in November.

  • *Turkey strikes on Syria raise regional security fears. NEW YORK, Oct 4- Oil prices rose on Thursday as Turkey's retaliatory strikes on a Syria sparked additional concern about potential disruptions to Middle East oil supply, while U.S. gasoline futures rallied after a fire at a refinery in Texas.

  • Ark. court rejects casino measure for Nov. ballot Thursday, 4 Oct 2012 | 11:18 AM ET

    LITTLE ROCK, Ark.-- The Arkansas Supreme Court on Thursday rejected a proposed ballot measure that would have given a professional poker player the exclusive rights to operate casinos in four of the state's counties.

  • Mattress Firm says secondary stock offering priced Thursday, 4 Oct 2012 | 10:48 AM ET

    HOUSTON-- Mattress retailer Mattress Firm says a secondary public offering of about 4.7 million shares has priced at $29.85 apiece. Mattress Firm Holding Corp. said Thursday that it is not selling any shares in the offering. Shares of the Houston- based company, which went public in November 2011, gained $1.56, or 5.2 percent, to $31.74 in morning trading.

  • Curt Schilling might have to sell bloody sock Thursday, 4 Oct 2012 | 10:25 AM ET

    PROVIDENCE, R.I.-- Former Boston Red Sox pitcher Curt Schilling might have to sell or give up the famed blood-stained sock he wore on the team's way to the 2004 World Series championship to cover millions of dollars in loans he guaranteed to his failed video game company.

  • Oct 4- Southern California Edison on Thursday released a plan to restart Unit 2 at the San Onofre nuclear power plant and operate the unit at up to 70 percent for about five months before shutting it again for inspections.

  • U.S. stocks rose at the open after labor market data came in within expectations and following encouraging comments by European Central Bank President Mario Draghi on tools to tackle the region's debt crisis. **NUVASIVE INC, $14.9, down 34 pct.

  • Company wins $10.2M grant for rural cell service Thursday, 4 Oct 2012 | 9:59 AM ET

    ARLINGTON, Ala.-- A small company won a $10 million federal grant to expand wireless service in one of Alabama's most isolated regions, a five-county area west of Montgomery where it's sometimes impossible to make a cellphone call.

  • Oct 4- Oil and gas company ZaZa Energy Corp. ZaZa Energy Corp's portfolio includes about 72,000 acres in the oil-rich Eagle Ford shale field and 90,000 acres in the Woodbine region, both in Texas. The Houston- based company ended its exploration and development agreements with Hess Corp in the Paris Basin and Eagle Ford shale field in June.

  • Calpine buys Texas power plant for $432 million Thursday, 4 Oct 2012 | 9:48 AM ET

    HOUSTON-- Calpine Corp. said Thursday that it will buy a natural gas-fired power plant in Texas for about $432 million to boost its presence in a state where the supply of surplus power is shrinking. Calpine is buying the 800- megawatt plant near Laguna Park in central Texas from Bosque Power Co. LLC.

  • U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. Brokerages Canaccord Genuity, Robert W. Baird& Co, Mizuho Securities USA, BMO Capital Markets and ThinkEquity Llc cut their price targets on the stock.

  • Key revenue figure up 13 pct. at Tandy Leather Thursday, 4 Oct 2012 | 9:14 AM ET

    Tandy Leather Factory Inc. said Thursday fiscal third-quarter sales topped second-quarter sales for the first time in more than 10 years. All were counted in the closely watched figure for sales at locations open at least a year, and their revenue rose to $3.2 million, up from $2.8 million a year earlier.

  • U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. **NUVASIVE INC, Wednesday close $22.62, down 29.3 pct premarket. **INFORMATICA CORP, Wednesday close $33.63, down 19.7 pct premarket.