ABINGDON, Va.-- A federal court in Virginia has approved a $1.5 billion settlement of a case involving Abbott Laboratories' promotion of the anti-seizure drug Depakote.
LITTLE ROCK, Ark.-- Arkansas' finance office said Tuesday that the state's revenues are ahead of last year's figures and are beating expectations, but officials said they're worried about sales tax collections sliding for the third straight month.
Nathan Deal would deny a tax break for tourist attractions to a planned convention hotel on Jekyll Island because it would be unfair to competing hotels in the area, the governor's spokesman said Tuesday.
NEW YORK-- Major League Baseball agreed with Fox and Turner Sports on eight-year contracts that will run through 2021 and keep the World Series on Fox. The amount baseball receives from the two networks will double to an average of about $800 million annually, with Fox's share averaging about $500 million.
TEMPE, Ariz.-- Mobile Mini says Chairman, President and CEO Steven Bunger will step down from those posts at the end of the year. Bunger has worked at Mobile Mini since 1983 and served in various roles. Mobile Mini Inc., which is based in Tempe, Ariz., says a new CEO is expected to be in place when Bunger departs or shortly after that.
RENT INCREASE: Portugal is scrapping rent controls in one of the government's most radical reforms since the ailing country needed a 78 billion bailout last year. They identified rent controls as one of the handicaps keeping Portugal mired in stagnation.
WASHINGTON-- A federal court imposed a judgment of more than $163 million on a woman accused of using computer "scareware" to trick consumers into thinking their computers were infected with viruses and then selling them software to fix the non-existent problem, the Federal Trade Commission said Tuesday.
Nearly 500 public colleges that account for three-quarters of all four-year college students pledged Tuesday to produce a combined 3.8 million additional graduates by 2025, an ambitious target that would help bring the United States closer to its goal of regaining its lost global lead in college attainment.
In the aftermath of the 9/ 11 terrorist attacks the money spigot was turned wide open, pouring hundreds of billions of dollars into the wars in Iraq and Afghanistan and expanding the armed forces. He reasons that a new era of austerity at the Pentagon won't hurt American security.
FARGO, N.D.-- Ten North Dakota State University football players pleaded guilty Tuesday to misdemeanor election fraud and were sentenced to community service for faking signatures on proposed ballot measure petitions that they were hired to collect.
NYON, Switzerland-- UEFA says United States- backed agency CAA Eleven has bought exclusive commercial rights to all its European Championship and World Cup qualifying matches, plus the Euro 2016 tournament.
Mosaic, Dupont and stocks of other companies in the materials industry fell. Dupont led the Dow lower, sinking $1.02 to $49.34. Spain needs to ask for money from Europe's bailout fund before the European Central Bank can start buying its government bonds.
JERUSALEM-- He has been the poster boy for Israel's powerhouse technology industry and a leading proponent of a great dream _ to end the world's addiction to oil. But on Tuesday, Shai Agassi stepped down as chief executive of Better Place, the Israel- based electric car company he founded with great fanfare five years ago.
DEARBORN, Mich.-- Ford Motor Co. said Tuesday that its U.S. sales were flat in September as increases in sales of cars and SUVs were weighed down by lower truck sales. BY THE NUMBERS: Ford sold a total of 174,976 vehicles last month, relatively flat compared with 175,199 in the same month last year.
The monthly manufacturing survey from the Institute for Supply Management on Monday pointed to an improvement. In Europe markets ended the day slightly lower. The FTSE 100 index was down 0.19 percent at 5,809 while Germany's DAX was off 0.28 percent at 7,305. The CAC-40 in France was 0.6 lower higher at 3,414..
PHILADELPHIA-- Boosted by $4.3 million from play at the state's newest casino, Pennsylvania saw a slight increase in gross revenue from slot machines last month compared to the same period a year ago, according to state gaming board figures released Tuesday. Six other Pennsylvania casinos saw smaller declines.
WASHINGTON-- In a story Sept. 28 about a presidential decision to block a Chinese company's business deal in Oregon over national security concerns, The Associated Press erroneously cited when another Chinese firm, Huawei Technologies, had abandoned plans for its purchase of a U.S. computer company, 3 Leaf Systems.
NEW YORK-- Shares of Old Dominion Freight Line Inc. fell Tuesday, after an analyst for RBC Capital Markets cited a slowdown in certain kinds of shipping and tough earnings comparisons facing the trucking company in cutting his rating for the company to "Sector Perform" from "Outperform."