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  • Hydrogen leak stopped at San Onofre nuke plant Tuesday, 23 Oct 2012 | 11:11 AM ET

    LOS ANGELES-- Crews have repaired a pipe that leaked flammable hydrogen gas at Edison International's San Onofre nuclear power plant and officials say there was no danger to the public. Edison International's Southern California Edison unit says a small leak in a pipe fitting was discovered in a non-nuclear part of Unit 2 on Sunday.

  • Grains futures, livestock prices mostly fall Tuesday, 23 Oct 2012 | 11:09 AM ET
  • Roche probed for not reporting side effects Tuesday, 23 Oct 2012 | 11:07 AM ET

    LONDON-- Europe's top drug regulator announced Tuesday it is taking action against pharmaceutical giant Roche for allegedly failing to properly report the side effects of 19 drugs being used by U.S. patients. It is the first time the European Medicines Agency has begun a so-called `infringement proceeding' against a drug maker.

  • USDA announces Honolulu company beef recall Tuesday, 23 Oct 2012 | 11:04 AM ET

    HONOLULU-- The U.S. Department of Agriculture says a Honolulu company is recalling more than 4,000 pounds of ground beef products distributed to Oahu restaurants because the products may be contaminated with E. coli.

  • On the Call: Reynolds American CEO Delen Tuesday, 23 Oct 2012 | 11:04 AM ET

    Like other tobacco companies, Reynolds American Inc., the second-biggest U.S. cigarette maker, has ventured into smokeless tobacco and other nicotine products as tax increases, health concerns, smoking bans and stigma cut into demand for cigarettes. In 2009, Reynolds bought Swedish company Niconovum AB, which makes nicotine gum, pouches and spray products.

  • II-VI fiscal 1Q net income falls 32 pct Tuesday, 23 Oct 2012 | 11:03 AM ET

    SAXONBURG, Pa.-- II-VI Inc. posted a 32 percent decline in net income for the first quarter as customers delayed orders for engineered materials and optical components in the shaky global economy. The company earned $12.7 million, or 20 cents per share, down from $18.7 million, or 30 cents per share, in the same quarter last year.

  • NH testing fish for radiation levels Tuesday, 23 Oct 2012 | 11:03 AM ET

    CONCORD, N.H.-- New Hampshire health officials are testing fish in various parts of the state to see if there are elevated levels of radiation following a 2010 tritium leak at Entergy Corp.' s Vermont Yankee nuclear plant.

  • Jakks-Pacific's 3rd-qtr profit falls 13 percent Tuesday, 23 Oct 2012 | 11:01 AM ET

    NEW YORK-- Toy company Jakks-Pacific Inc. reported a 13 percent drop in third-quarter net income as it grappled with costs of fighting off a take-over attempt and weak sales. The company, which makes toys under such brands as Cabbage Patch Kids and Hello Kitty, said it earned $30.4 million, or $1.10 per share in the three months ended Sept. 30.

  • EEOC wins pension lawsuit against Baltimore Co. Tuesday, 23 Oct 2012 | 11:00 AM ET

    BALTIMORE-- A federal judge has ruled that Baltimore County's pension system discriminated against beneficiaries because older workers were required to pay more toward their retirement than younger workers. District Judge Benson Everett Legg agreed that the county system violated the Age Discrimination in Employment Act.

  • Dubai's Emaar profits dip in summer slowdown Tuesday, 23 Oct 2012 | 10:58 AM ET

    DUBAI, United Arab Emirates-- The Dubai- based developer of the world's tallest building reported a nearly 5 percent drop in net profit Tuesday, citing a seasonal slowdown, but said the balance sheet for the year remained strong.

  • 3 new members named to Pulitzer Prize board Tuesday, 23 Oct 2012 | 10:58 AM ET

    Columbia University, which administers the prizes, announced Tuesday that Steve Coll, Quiara Alegria Hudes and Aminda Marques Gonzalez were joining the board. Pulitzer Prize-winning journalist and author Coll is a staff writer for The New Yorker magazine.

  • AIG agrees to pay $11M to Illinois, other states Tuesday, 23 Oct 2012 | 10:56 AM ET

    CHICAGO-- Illinois will share part of an $11 million payment as part of an agreement with insurance giant American International Group Inc.. The announcement was made Monday by Illinois Department of Insurance Director Andrew Boron. Illinois was among seven lead states that started discussions with the company.

  • SBA to close Isaac recovery centers Tuesday, 23 Oct 2012 | 10:54 AM ET

    NEW ORLEANS-- The U.S. Small Business Administration will close three recovery centers in Louisiana that were opened to help residents affected by Hurricane Isaac.

  • Markets on defensive amid US unease Tuesday, 23 Oct 2012 | 10:54 AM ET

    LONDON-- Stocks suffered one of their worst sessions in weeks on Tuesday following another batch of weak U.S. corporate earnings and uncertainty over the outcome of the race for the White House. Downbeat updates on Tuesday from chemical company DuPont and manufacturer 3 M added to the prevailing uncertainty.

  • Sept. a good month for Wis., Minn. dairy farmers Tuesday, 23 Oct 2012 | 10:51 AM ET

    MADISON, Wis.-- September was a good month for dairy farmers in Wisconsin and Minnesota, where gains in milk production were among the best in the nation. The U.S. Department of Agriculture says Wisconsin harvested 2.2 billion pounds last month. Wisconsin is the nation's second-leading milk producer behind California.

  • Stocks hammered by weak earnings reports Tuesday, 23 Oct 2012 | 10:50 AM ET

    3 M, which makes everything from Scotch tape to coatings for LCD screens and is an economic bellwether, reduced its profit expectations for this year because of "current economic realities." Xerox plunged 8 percent, or 56 cents, to $6.47.

  • Southwest to fly from Portland to Baltimore Tuesday, 23 Oct 2012 | 10:49 AM ET

    PORTLAND, Maine-- Southwest Airlines Co. says it will fly to Baltimore-Washington International Airport when it begins service next spring out of Portland, Maine. The airline says it will initially offer nonstop flights each day between Portland International Jetport and Baltimore-Washington when it starts flying out of Portland on April 14.

  • EU needs another $11.7 billion for 2012 budget Tuesday, 23 Oct 2012 | 10:45 AM ET

    STRASBOURG, France-- The European Commission says an additional 9 billion is needed to meet all of the EU's commitments in the 2012 budget. But 5.9 billion will have to come from member states, some of whom are cutting their budgets because of Europe's financial crisis.

  • United Tech operating profit, 3Q 2012 vs. 3Q 2011 Tuesday, 23 Oct 2012 | 10:42 AM ET

    HARTFORD, Conn.-- Third-quarter operating profit, United Technologies Corp. businesses, change from 3 Q 2011:. 2012 2011 Change Percent change. UTC Aerospace 271 204 67 33.

  • Wegmans recalls a brownie mix over undeclared milk Tuesday, 23 Oct 2012 | 10:36 AM ET

    ROCHESTER, N.Y.-- Wegmans Food Markets Inc. says it's recalling a brownie mix after reports from two consumers about allergic reactions to undeclared milk in the product.