BEIJING— A shoe factory collapsed in eastern China during a weekend shift, killing at least 11 people and injuring more than 30, officials said Sunday. Three other people were missing in the collapse Saturday afternoon in the Zhejiang province city of Wenling, and nine people escaped. Rescuers pulled 42 people from the rubble and sent them to a hospital, where...» Read More
DETROIT-- General Motors Co. said Tuesday that its September U.S. sales rose 1.5 percent as a big jump in car sales was offset by falling truck sales. BY THE NUMBERS: Detroit- based GM sold a total of 210,245 vehicles last month, up from 207,145 in the same month last year.
Oct 2- Labrador Iron Mines Holdings Ltd:. *Haywood cuts Labrador Iron Mines price target to C $2.40 from C $4.70;. Reuters Station users, click. 1568.
BERLIN-- Germany's government appears to be putting the brakes on any request by Spain for help from its European partners in managing its debts, wary that its lawmakers might balk at having to vote on yet another bailout for a struggling eurozone nation.
*American Honda-reported September 2012 U.S. an increase of 30.9 pct. *American Honda-Honda Division posted September 2012 sales of 102,845.
NEW YORK, Oct. 2- U.S. retail gasoline demand fell over the past two weeks and continued a downward year-on-year trend, according to the bi-weekly SpendingPulse report from MasterCard released on Tuesday. Gasoline use in the world's top oil consumer dropped 0.9 percent over the two weeks ending Sept. 28, compared with the same period last year, MasterCard said.
TORONTO, Oct 2- Quebec's plan to scrap a general health levy and pay for it by boosting taxes on the rich could cut provincial government revenues by C $800 million a year, according to a study released on Tuesday by a conservative Canadian think tank.
WELLINGTON, Oct 3- International milk prices fell for the first time in two months, New Zealand's Fonterra Cooperative Group, the world's biggest dairy exporter, said on Wednesday. Fonterra is owned by about 10,500 farmers and controls around a third of the world's dairy exports, generating more than 7 percent of New Zealand's gross domestic product.
UNDER PRESSURE: Iran President Mahmoud Ahmadinejad blamed the steep drop in Iran's currency on "psychological pressures" linked to Western sanctions over Tehran's nuclear program and Iran's increasingly bitter political battles.
ST. CHARLES, Mo.-- The former president of US Fidelis has been sentenced to eight years in prison on state charges of stealing and fraud. Darain Atkinson was sentenced Monday in St. Charles. The 47- year-old co-founded the auto service contract seller with his 42- year-old brother, Cory Atkinson.
CBS' new period-piece drama, "Vegas," debuted in sixth place, while its contemporary Sherlock Holmes whodunit, "Elementary," premiered in 10th place, according to Nielsen Co. figures released Tuesday. NBC's "Sunday Night Football" was No. 1 in the rankings, but CBS' "NCIS" was second for the week, "NCIS: Los Angeles" was fourth and "Big Bang Theory" was fifth.
Oct 2- Cenovus Energy Inc:. *Agreement to buy remaining assets of Oilsands Quest received approval from. Alberta court of Queen's bench.
--Group 1 Automotive Inc.' s credit measures, in our opinion, have the potential for continued modest improvement in the year ahead. --We are revising our' BB' rating outlook on Group 1 to positive from stable. Rating Action On Oct. 2, 2012, Standard& Poor's Ratings Services revised its rating outlook on Houston- based automotive retailer Group 1 Automotive Inc..
LAS VEGAS-- It doesn't look like Congress will pass Internet gambling regulatory laws this year, the head of the industry's main lobbying group said Tuesday, as he cast online wagering hosted by sites overseas as one of the biggest threats to the casino industry in the United States.
Oct 2- In a widely expected show of force, Boeing Co's engineers and technical workers rejected a pay offer late Monday, setting the stage for talks to resume Tuesday for labor agreements covering 23,000 workers.
**ARQULE INC, $2.30, down 53.9 pct The biotechnology company and Japan's Daiichi Sankyo Co Ltd. **GENERAL MOTORS, $23.82, up 3 pct. Hedge fund manager David Einhorn said auto-maker General Motors "is much healthier now," and is getting its product refreshments "right."
*Spain seen requesting bailout, but uncertainty weighs. NEW YORK, Oct 2- The euro rose against the dollar on Tuesday on expectations that a request by Spain for a bailout is imminent, but major stock markets fell on uncertainty of when Madrid will make its request and growing uneasiness over third-quarter earnings.
LOS ANGELES, Oct 2- Japan's Sumitomo Corp. The photovoltaic solar project is being built by First Solar Inc and has agreements in place to provide power to California utilities Southern California Edison and Pacific Gas& Electric. It is expected to be fully operational by 2015, according to First Solar's website.
Oct 2- Fitch Ratings rates at' A-' Western Massachusetts Electric Co.' s $150 million issuance of 3.50% senior unsecured notes, Series F due Sept. 15, 2021. The rating also takes into consideration the support and improved funding capabilities of a stronger parent company profile following the merger of Northeast Utilities and NSTAR LLC.
*Gold Fields miners rally in pay protest. CARLTONVILLE, South Africa, Oct 2- Anglo American Platinum warned on Tuesday that security had worsened at its strike-hit South African mines as several thousand gold miners rallied over pay in the dispute-plagued industry.
Oct 2- Mazda North American Operations:.