TOKYO, Nov 26- A third-party probe set up by Japan's Toshiba Corp to investigate its accounting practices has been given a failing grade by half of a group of influential lawyers, who said it was not sufficiently independent and did not examine a key division. The lawyers' report, and a call by leader of the group for the investigation to be redone, has added to a storm...» Read More
Oct 25- Bayerische Motoren Werke AG's BMW of North America affiliate said it will recall 7,485 of its 7 Series luxury sedans from model years 2005-2007 that may have faulty door latches. BMW said the doors may not latch due to a software problem on cars equipped with both Comfort Access and Soft Close Automatic options.
*Shares in Hong Kong more than halved this year. HONG KONG, Oct 25- ZTE Corp, the world's fourth-biggest maker of mobile phones and fifth-ranked telecommunications equipment manufacturer, reported its first quarterly loss- of $310 million- since listing in Hong Kong in 2004, on shredded margins, project delays and accounting changes in China.
TOKYO-- Radioactive cesium levels in most kinds of fish caught off the coast of Fukushima haven't declined in the year following Japan's nuclear disaster, a signal that the seafloor or leakage from the damaged reactors must be continuing to contaminate the waters _ possibly threatening fisheries for decades, a researcher says.
HARTFORD, Conn.-- Utilities and governments along the East Coast are working to head off long-term power failures as forecasters predict a major storm to hit a region already skittish after foul weather in recent months that plunged residents into darkness for weeks.
Oct 25- Medical device maker Medtronic Inc edited health journal articles and paid doctors millions of dollars for company-sponsored studies of its Infuse bone-grafting product used in spinal surgery, according to a U.S. Senate report published on Thursday.
PRICE SUPPORT: China's biggest rare earths producer has suspended production in an effort to shore up plunging prices of the material, which is used by makers of mobile phones and other high-tech products. UNCERTAINTY: The state-owned company, Baotou Steel Rare Earth Hi-tech Co., gave no indication when production would resume.
On the company's third quarter earnings call, Dominion said the three plants are the 1,536- megawatt Brayton Point coal, natural gas and oil-fired plant in Massachusetts; the 1,158- MW Kincaid coal plant in Illinois; and the company's stake in the 1,424- MW Elwood gas plant in Illinois.
*Large number of Brazil mills still open for crushing. LONDON, Oct 25- ICE raw sugar futures edged above a three-week low on Thursday, although the upside was capped by fast progress in Brazil's harvest and surplus supplies, while coffee and cocoa also moved higher.
Oct 25- The New York Times Co reported worse-than-expected results on Thursday as advertisers cut spending on both print and digital outlets, sending shares down 12 percent. Adjusting for severance costs and other special items, the company reported a quarterly loss of 1 cent per share, well below expectations of earnings of 8 cents per share.
NEW YORK-- Stressing that there's no need to panic, New York officials are bracing for a gale-force storm expected to hit most of the U.S. East Coast next week. While it's too early for precise forecasts, New York City and New Jersey could get the worst of it. New York City Mayor Michael Bloomberg on Thursday noted the uncertainty in the forecasts.
CHICAGO-- The Illinois Department of Employment Security says there's good news in Illinois' latest unemployment figures. Rockford remains the Illinois metro area with the highest unemployment rate, but it dropped from 13.6 percent in September 2011 to 11 percent last month.
NEW YORK, Oct 25- Global shares and commodity prices rose on Thursday, pulled from a recent slide by encouraging news from Britain and China and as U.S. data helped lift investors' appetite for risk assets while not flagging any big concerns. Wall Street opened higher, following gains in European equity markets, and the dollar gained slightly against the euro.
WASHINGTON-- CEOs from more than 80 major U.S. companies are pressing Congress to reduce the federal deficit by raising taxes and cutting spending. The CEOs head a diverse array of corporations, including Aetna Inc., Microsoft Corp., JPMorgan Chase& Co., General Electric Co. and Dow Chemical Co..
RECESSION OVER: Britain's economy emerged from its nine-month recession in the July- September quarter, when spending on the Olympics helped it grow 1 percent. BETTER THAN EXPECTED: Economists predicted growth of 0.6 percent for the period.
OMAHA, Neb.-- A Nebraska sheriff's deputy is being dropped by his home insurance company, who says the police dog he keeps at his Omaha home is a risk it is not willing to bear.
DETROIT, Oct 25- Ford Motor Co's head of Europe said on Thursday that state aid to struggling carmakers would be untenable in the future, particularly during the deep economic downturn in Europe.
Shares of AutoNation Inc. and Group 1 Automotive Inc. fell sharply Thursday, even as the companies' results met the forecasts of analysts surveyed by FactSet. AutoNation shares dropped $2.11, or 4.4 percent, to $45.93 in afternoon trading. AutoNation's profit of 66 cents per share matched Wall Street estimates, as did Group 1' s bottom line of $1.32 per share.
NEW ORLEANS-- The Voodoo Music+ Arts Experience is bringing a European music festival experience to New Orleans with overnight tent camping and more Euro-dance-based acts to its stage.
*Expects more Windows device sales than Apple, Google products this qtr. Microsoft is doubling down on its bet with its own tablet called the Surface, available only through its own stores and website, which will challenge Apple's iPad head on.
DETROIT, Oct 25- Ford Motor Co expects to lose a combined $3 billion in Europe in 2012 and 2013, executives said during a conference call on Thursday, adding that European car sales may only rise to 15 million annually by mid-decade.