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  • AP Interview: Japan nuke plant water worries rise Thursday, 25 Oct 2012 | 9:25 AM ET

    TOKYO-- Japan's crippled nuclear power plant is struggling to find space to store tens of thousands of tons of highly contaminated water used to cool the broken reactors, the manager of the water treatment team said.

  • ZTE posts a first quarterly loss, margins bleed Thursday, 25 Oct 2012 | 9:24 AM ET

    HONG KONG, Oct 25- ZTE Corp, the world's fourth-biggest maker of mobile phones and fifth-ranked telecommunications equipment manufacturer, reported a net loss of 1.95 billion yuan for July-September, its first quarterly loss on record, as margins thinned, overseas projects were delayed and it made accounting changes at home in China.

  • News Summary: McKesson buying PSS World for $1.46B Thursday, 25 Oct 2012 | 9:24 AM ET

    THE BUY: Prescription drug distributor McKesson Corp. said Thursday it will buy PSS World Medical Inc., a medical supply distributor, for $1.46 billion, or $34 per share. THE PRICE: McKesson valued the deal at $2.1 billion including debt.

  • 2 associates of ex-Cowboy Lockhart get prison Thursday, 25 Oct 2012 | 9:24 AM ET

    DALLAS-- Two business associates of former Dallas Cowboys linebacker Eugene Lockhart Jr. have been sentenced to prison in a $20 million mortgage scam. A federal judge in Dallas on Wednesday sentenced William Randolph Tisdale Jr. to 10 years for conspiracy to commit wire fraud and bank fraud.

  • *Obama lobbies casino workers in late-night pitch Thursday, 25 Oct 2012 | 9:24 AM ET
  • Biases on beauty draw Thais to illegal surgery Thursday, 25 Oct 2012 | 9:23 AM ET

    BANGKOK-- Her dream was to look less Thai and more like Jennifer Lopez, so the 25- year-old street food vendor went to the Internet and typed in "cheap Botox." That was the start of a five-year makeover for Ratphila Chairungkit that included two nose jobs, two eye-widening surgeries, chin augmentation, lip trimming, skin whitening and dozens of Botox-type injections.

  • Durable orders show business investment still weak Thursday, 25 Oct 2012 | 9:21 AM ET

    WASHINGTON-- U.S. companies remained cautious in September and held back on orders for long-lasting manufactured goods that signal investment plans. The Commerce Department said Thursday that orders for durable goods jumped 9.9 a percent last month.

  • Precision Castparts profit rises but misses views Thursday, 25 Oct 2012 | 9:21 AM ET

    PORTLAND, Ore.-- Precision Castparts Corp. said Thursday its fiscal second-quarter net income rose 13 percent on demand for commercial airplane parts and the benefit of recent acquisitions. The company earned $332.7 million, or $2.29 per share, compared with $294.7 million, or $2.07 per share, a year earlier.

  • SKorea president's son summoned over land scandal Thursday, 25 Oct 2012 | 9:21 AM ET

    SEOUL, South Korea-- It's almost a rite of South Korean politics: As a president's single five-year term nears its end, a feeding frenzy of aggressive corruption allegations begins. On Thursday, special prosecutors summoned Lee's son, Lee Si- hyung, for questioning over a now scrapped deal to buy land for Lee's retirement home. Lee Si- hyung bought part of the land.

  • Big jump in young adults moving out of state Thursday, 25 Oct 2012 | 9:20 AM ET

    The latest numbers show that young adults 25-29 are the primary out-of-state movers; they had the biggest gain in 13 years as they struck out on their own to test the job market in urban, high-tech meccas such as Washington, D.C.; Denver; Portland, Ore.; Seattle; and Austin, Texas.

  • Shell buying North Sea fields from Hess for $525M Thursday, 25 Oct 2012 | 9:19 AM ET

    Royal Dutch Shell plc, Europe's largest oil company, is expanding its substantial presence in the North Sea with a $525 million purchase of stakes in oil fields there from Hess Corp.. The fields are operated by a separate company, Apache Corp.. Hess, which is based in New York, has sold off $2.4 billion worth of assets this year.

  • Chinese police offer cash for tips on immolators Thursday, 25 Oct 2012 | 9:19 AM ET

    BEIJING-- Police in a heavily Tibetan region of far west China are offering tipsters a reward of $7,700 for information about planned self-immolations in a bid to stem a tide of fiery protests against Chinese rule.

  • Simon Property's 3rd-qtr helped by increased rents Thursday, 25 Oct 2012 | 9:17 AM ET

    INDIANAPOLIS-- Shopping mall operator Simon Property Group said Thursday that a key measure of profitability rose in its third quarter as rents increased and occupancy improved. Simon Property Group Inc.' s funds from operations, or FFO, rose to $720.1 million, or $1.99 per share, from $606.2 million, or $1.71 per share, a year earlier.

  • NJ review: Anti-foreclosure aid program flawed Thursday, 25 Oct 2012 | 9:17 AM ET

    TRENTON, N.J.-- The Christie administration believes it has made it easier for New Jersey homeowners facing foreclosure to qualify for federal aid, but those on the front lines say problems remain.

  • Japan sees new Chinese actions near disputed isles Thursday, 25 Oct 2012 | 9:15 AM ET

    Japan's Coast Guard said the four Chinese surveillance ships were spotted within a 22- kilometer zone that Tokyo considers its territorial waters near one of the disputed islands in the East China Sea early Thursday morning. Japan's Foreign Ministry lodged a strong protest with China's ambassador in Tokyo.

  • *Macau gaming sector strong after positive Wynn, Galaxy Q3 earnings. HONG KONG, Oct 25- Hong Kong shares eked out a tenth straight gain on Thursday, but a rally that has taken the Hang Seng Index to 2012 highs showed signs of fatigue as investors took profits on outperformers.

  • UPDATE 1-Olympics helps Britain leap out of recession Thursday, 25 Oct 2012 | 9:12 AM ET

    LONDON, Oct 25- Britain rebounded strongly from recession in the third quarter, posting its strongest quarterly GDP growth in five years, boosted at least in part by robust Olympics spending, official data showed on Thursday. But it was still much better than expected and may mean Britain's full 2012 economy will not be in the red.

  • US futures up on of jobs, manufacturing numbers Thursday, 25 Oct 2012 | 9:10 AM ET

    NEW YORK-- Stock futures edged higher Thursday with some positive numbers coming out of the manufacturing sector and potentially more evidence of an improving jobs picture. The report from the Commerce Department on orders for long-lasting U.S. manufactured goods shows a surge in September, the largest in nearly three years.

  • US durable orders up but business investment weak Thursday, 25 Oct 2012 | 9:07 AM ET

    WASHINGTON-- U.S. orders for long-lasting U.S. manufactured goods surged in September, buoyed by a jump in volatile aircraft orders that offset another weak month of business investment. The Commerce Department said Thursday that orders for durable goods jumped 9.9 a percent last month.

  • *Yuan surges to new all time record high. *Closes at strong-side limit of daily trading band. SHANGHAI, Oct 25- China's yuan closed at a record high on Thursday after hitting the strong-side limit of the central bank's daily trading band as a result of heavy demand as firms unwound long dollar positions built up in the first half of the year.