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  • Argentine enforcer to auction critic's licenses Wednesday, 24 Oct 2012 | 4:45 PM ET

    BUENOS AIRES, Argentina-- Argentina's new media regulator says he's prepared to auction off the broadcast licenses of the government's leading critic.

  • News Summary: Google maps Grand Canyon trails Wednesday, 24 Oct 2012 | 4:45 PM ET

    BACKPACK CAM: Google brought its all-seeing eyes to the Grand Canyon's Bright Angel Trail, a nearly 10- mile hike to the Colorado River. OFF-ROAD: Google has mapped more than 3,000 cities in 43 countries.

  • NEW YORK, Oct 24- The euro fell on Wednesday on signs that the euro zone is heading for a deeper recession than previously feared, but global shares were little changed after Tuesday's steep fall.

  • UPDATE 3-Draghi defends bond-buying plan in lion's den Wednesday, 24 Oct 2012 | 4:43 PM ET

    *Greece says to get 2 more years to meet bailout target. *Germany, Draghi say no decision yet on Greece. BERLIN, Oct 24- European Central Bank President Mario Draghi gave a robust defence of his bond-buying plan to ease the euro zone debt crisis, telling sceptical German lawmakers that fears of illegal funding of governments or stoking inflation were misplaced.

  • NJ Anti-foreclosure aid program being reviewed Wednesday, 24 Oct 2012 | 4:43 PM ET

    TRENTON, N.J.-- The Christie administration believes it is now making it easier for New Jersey homeowners facing foreclosure to qualify for federal aid. Community Affairs Commissioner Richard Constable told Assembly members Wednesday that the program now has more staff, better management and has relaxed qualifying requirements.

  • Alicia Keys launches storytelling app for kids Wednesday, 24 Oct 2012 | 4:42 PM ET

    NEW YORK-- Alicia Keys is launching a storytelling app for kids. "The Journals of Mama Mae and LeeLee" is about a young New York City girl's relationship with her wise grandmother. It will be released Thursday for $3.99 and is inspired by Keys' relationship with her grandmother.

  • Obama holds out prospect of post-election 'grand bargain' Wednesday, 24 Oct 2012 | 4:41 PM ET

    The White House released it Wednesday after the editor of the newspaper, which is still deciding its presidential endorsement, wrote a blistering blog complaining of the restriction.

  • Oklahoma tribe on track to buy La., Miss. casinos Wednesday, 24 Oct 2012 | 4:39 PM ET

    JACKSON, Miss.-- An Oklahoma Indian tribe is moving forward with buying the DiamondJacks casinos in Bossier City, La., and Vicksburg, Miss.. Wilmington Trust, a Delaware institution, leads a syndicate holding $181 million in secured debt with the first claim on Legends assets.

  • Utah board backs 1st US oil sands project Wednesday, 24 Oct 2012 | 4:37 PM ET

    SALT LAKE CITY-- Utah gave its final approval Wednesday for the first commercial tar sands project in the U.S., handing a victory to a Canadian company that aims to start producing 2,000 barrels of oil next year in the start of what could grow into a larger operation.

  • News Summary: Facebook stock surges Wednesday, 24 Oct 2012 | 4:37 PM ET

    STOCK SURGE: Facebook's stock gained the most in a single day since its May IPO, closing up 19 percent, or $3.73, at $23.23 Wednesday. MOBILE RELIEF: Several analysts upgraded the social network after its third-quarter results were posted Tuesday, which detailed for the first time how much money it makes from mobile ads.

  • News Summary: China manufacturing improves -survey Wednesday, 24 Oct 2012 | 4:35 PM ET

    RAMPING UP: A survey by HSBC found that China's manufacturing improved this month. the data showed strong gains from September, and adds to signs a recovery might be happening after a sharp slump. It adds to data last week that showed retail sales and investment picking up.

  • How the major stock indexes fared Wednesday Wednesday, 24 Oct 2012 | 4:34 PM ET

    The market began to fade after 2 p.m., when the Federal Reserve repeated its assessment that the U.S. economy still needed help to increase growth and lower unemployment. The S&P 500 is down 24.44 points, or 1.7 percent. The S&P 500 is up 151.15 points, or 12 percent.

  • Daimler lowers 2012 outlook as Q3 net profit slips Wednesday, 24 Oct 2012 | 4:32 PM ET

    BERLIN-- German automaker Daimler AG lowered its full-year earnings target Wednesday after its third quarter net profit declined 11 percent to 1.20 billion from 1.36 billion a year ago.

  • Mine Safety Appliances 3Q income falls 4 percent Wednesday, 24 Oct 2012 | 4:32 PM ET

    PITTSBURGH-- Mine Safety Appliances Co. said Wednesday that its net income fell 4 percent in the third quarter after it sold off two businesses. Mine Safety said its net income declined to $19.2 million, or 51 cents per share, from $20 million, or 54 cents per share. Shares of Mine Safety Appliances rose 28 cents to $36.98 in trading Wednesday.

  • Hanesbrands' share fall on conservative outlook Wednesday, 24 Oct 2012 | 4:31 PM ET

    WINSTON-SALEM, N.C.-- Shares of clothing maker Hanesbrands Inc. fell Wednesday as investors digested a conservative profit outlook that was below what analysts had expected. During a conference call with investors late Tuesday, Rich Noll CEO said that Penney was a "big drag" on sales, particularly in bras and other underwear.

  • Low interest in Mamtek leftovers at Mo. auction Wednesday, 24 Oct 2012 | 4:30 PM ET

    MOBERLY, Mo.-- An auction of assets left over from Moberly's failed artificial sweetener factory drew curious onlookers and piecemeal bidders Wednesday but no large company swooping in to replace a project once cast as the small city's economic salvation.

  • *Germany sells 3.3 bln euros of 10- yr bonds, demand good. Businesses in the region suffered their worst month in October since the bloc emerged from its last recession more than three years ago, surveys showed, while Germany's Ifo economic research institute said the country's business climate worsened in October.

  • Bettman says full season 'not going to be reality' Wednesday, 24 Oct 2012 | 4:28 PM ET

    Speaking at a news conference Wednesday announcing the New York Islanders' move from Nassau Coliseum to Brooklyn's Barclays Center in 2015, Bettman seemed resigned to looking at a shortened season with the NHL and the players' association still at odds after months of negotiations.

  • Boeing shares up 1 pct, General Dynamics up 3.7 pct. Lockheed Martin Corp, Boeing Co's defense division and Northrop Grumman Corp reported higher earnings and strong margins despite weakening sales, driving their shares higher on the New York Stock Exchange.

  • *PolyOne to buy plastics maker Spartech Corp. Wednesday, 24 Oct 2012 | 4:25 PM ET