A British vote to leave the European Union would hit large German banks, the head of German financial watchdog Bafin said. » Read More
MONTPELIER, Vt.-- Vermont Emergency Management officials are warning people across the state to prepare for the possible arrival of what is now Hurricane Sandy churning up the East Coast. The brunt of the storm is expected to hit the New York- New Jersey area Tuesday, but its effects could be felt through much of next week.
*Most promising cleantech IPO since Tesla Motors. As a result, SolarCity is being hailed as the alternative energy industry's most promising IPO candidate since electric car company Tesla Motors Inc's 2010 debut.
*Hours should be ``more restricted''- Bunge CEO. CHICAGO, Oct 26- CME Group's bid to cement its dominance in grain markets with longer trading hours may be backfiring, with some traders reducing activity and others including major merchant Bunge calling for a return to a shorter day.
*Copper arb window opened but China demand slow- traders. Benchmark copper on the London Metal Exchange slipped to $7,778 a tonne at 0928 GMT, down 0.5 percent from Thursday's close of $7,815 a tonne.
LONDON-- A former UBS trader accused of losing $2.3 billion through reckless deals and deceit broke down in tears in court as he insisted he is not guilty of fraud. Kweku Adoboli took the stand for the first time Friday, six weeks into his trial for fraud and false accounting. He was arrested in September 2011 after UBS discovered irregularities in its records.
NASHVILLE, Tenn.-- Chris Offutt doesn't have HBO, so he's going to head over to a neighbor's house Sunday night to watch "Treme." He's felt the lure of Hollywood, heard the Sirens in the distance. And the 54- year-old Kentucky native has experienced enough success as a screenwriter and story editor on TV's brainiest shows that it felt real.
NASSAU, Bahamas-- Hurricane Sandy raged through the Bahamas early Friday after leaving 29 people dead across the Caribbean, following a path that could see it blend with a winter storm to hit the U.S. East Coast with a super-storm next week.
LONDON, Oct 26- Accused UBS fraudster Kweku Adoboli cried within seconds of entering the witness box at his trial in London on Friday. Adoboli's defence counsel Paul Garlick started by asking him some questions about his early life and family.
BEIJING-- Chinese lawmakers stripped disgraced politician Bo Xilai of his last official position Friday, formally expelling him from the country's top legislature and clearing the way for criminal proceedings against the once-rising political star.
GREENVILLE, S.C.-- John McCain's presidential bid won South Carolina by 9 percentage points four years ago. Yet, this year's GOP vice presidential nominee, Paul Ryan, is campaigning in these reliably Republican states _ to pick up cash more than extra votes.
COLUMBIA, S.C.-- Bringing South Carolina teachers' salaries back on track following several years of frozen salary schedules could cost $67 million, the state education agency reported Thursday. But state schools chief Mick Zais opposes such state intervention, saying any catch-ups should be locally funded.
WASHINGTON-- President Barack Obama carried the nation's capital in 2008 with 92 percent of the vote, and some local activists hoped he would push to give the District of Columbia representation in Congress and more autonomy in local affairs. Even Obama's staunchest local defenders are upset he's not more vocal on issues important to them.
SALT LAKE CITY-- A sentencing hearing for a scientist who has pleaded guilty in Utah's first industrial espionage case turned on testimony Thursday about the damage to a chemical company. Federal investigators say the 42- year-old chemist emailed a secret drug recipe from a Utah company to a brother-in-law in India.
NORTH CHARLESTON, S.C.-- South Carolina State Ports Authority chief Jim Newsome said Thursday that while ports in the Southeast are racing to deepen their channels, Charleston has a competitive advantage in attracting shipping lines in the years before those projects can be completed.
POMPANO BEACH, Fla.-- Box by box they arrived, the once glittering costumes of Broadway legends and theatre memorabilia, now dirty, tattered and forgotten.
SHANGHAI, Oct 26- China's yuan hit its strong-side limit with Friday's first trade and firmly hugged the trading band boundary all day until weakening suddenly before the market close. The yuan opened at the lower limit of 6.2380, its strongest level ever, and held steady until just before 4 pm, when it dropped to a close of 6.2489, reversing all of the day's gains.
But unlike other ships the Navy has decommissioned, these mattresses won't be heading to a local landfill following the Dec. 1 inactivation. The Navy will send the mattresses to a company in South Carolina as part of a pilot program to break the mattresses down and recycle their springs and foam for other uses.
NEW YORK-- The Coca-Cola Co. and its bottlers say they're more than doubling their investment Vietnam over the next few years, as the world's biggest beverage maker intensifies its push to capitalize on emerging markets.
Stocks are edging higher in early trading on Wall Street after the government reported a slight pickup in U.S. economic growth. The gains were held in check by poor earnings reports from Goodyear Tire& Rubber and the lumber and real estate company Weyerhauser.