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  • California pump prices poised to break record Thursday, 4 Oct 2012 | 3:58 PM ET

    LOS ANGELES, Oct 4- Pump prices in California have soared this week and are poised to break a record set in the summer of 2008 due to low inventories and disruptions at key Golden State refineries. The state average for a gallon of regular gasoline jumped to $4.315 on Thursday, 18.2 cents higher than last week and 49 cents higher than a year ago, according to AAA data.

  • NEW YORK, Oct 4- One of today's major debates is how big government should be. Diana Farrell, an economist who recently returned to the consulting firm McKinsey after a two-year stint in the White House, thinks smart pragmatists should seize this common ground.

  • NEW YORK, Oct 4- So far this year, top U.S. brokers managing more than $86 billion in client assets have decamped for a rival firm or decided go it alone- a troubling trend for big brokerages as teams with larger books of client assets depart. Morgan Stanley Wealth Management and Bank of America's.

  • Security startup Cylance acquires Ridgeway of Dallas Thursday, 4 Oct 2012 | 3:36 PM ET

    BOSTON, Oct 4- Cylance Inc, a startup founded by McAfee Inc's former global chief technology officer, has acquired a tiny Dallas firm that provides technology to fight web-based cyber attacks.

  • NJ gets permission to change Medicaid system Thursday, 4 Oct 2012 | 3:10 PM ET

    New Jersey residents receiving Medicaid benefits may find it easier to get care at home rather than move into a nursing home, under changes state officials are planning since getting federal approval to make them. The state will receive the same amount of money from the federal Medicaid program _ more than $5 billion per year.

  • 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.