SEOUL, Dec 22- South Korea's Hyundai Group said on Sunday it plans to raise more than 3.3 trillion won by selling off its three financial units and taking other measures to address a liquidity crunch. Hyundai Securities Co Ltd will be among the units offered for sale, the group said in a statment.» Read More
MIAMI-- LeBron James is visiting China for the ninth time, which makes him one of the resident Miami Heat experts about the world's most populous nation. So maybe it's fortunate that the coming week won't exactly include a ton of free time for the Heat, who arrived in Beijing on Monday night for a weeklong trip.
NEW YORK-- Playing a deaf teen on the ABC Family drama "Switched at Birth" has put Katie Leclerc on Hollywood's radar. "I was acting for about 10 years before I got `Switched,' the 25- year-old actress said in a recent interview." Leclerc plays Daphne Vasquez, a teen who lost her hearing as a child after a bout with meningitis.
Jerry Brown ordered them to allow so-called "winter-blend" gasoline to be sold in California earlier than usual to increase supply. AAA said the average price for a gallon of regular gasoline in California hit $4.668 Monday _ the highest price in the nation and an all-time high for the Golden State. California usually converts to the gas on Oct. 31.
NEW YORK-- "Girls" creator Lena Dunham has a seven-figure book deal with Random House. "In the tradition of Helen Gurley Brown, David Sedaris and Nora Ephron, Dunham's book will offer frank and funny advice on everything from sex to eating to traveling to work," Random House said in an announcement Monday. Random House is owned by Bertelsmann AG.
Someone in California who drives 300 miles per week and gets 20 miles per gallon spends nearly $18 more than a South Carolina motorist. The pocketbook punch is far greater when comparing the most expensive station in California with the cheapest in South Carolina.
NEW YORK-- Qatar Airways is joining an alliance of airlines including American Airlines, British Airways and nine other carriers that coordinate routes and allow passengers to earn frequent flier miles on each other's flights.
WASHINGTON-- Pepco and its union say they have reached a tentative contract agreement that will likely avert a strike. The utility that covers the nation's capital says the preliminary agreement is subject to a vote by the International Brotherhood of Electrical Workers Local 1900.
CEDAR RAPIDS, Iowa-- Linn County supervisors are on board with a plan that could bring a casino to Cedar Rapids, Iowa _ as long as backers meet several conditions.
HENDERSON, Nev.-- Spectrum Pharmaceuticals Inc. said Monday that the U.S. government extended the patent on its lymphoma drug Folotyn by five years. It said sales of Folotyn totaled about $50 million in 2011.. Shares of Spectrum rose 26 cents, or 2.2 percent, to $12.24 in afternoon trading.
SUGAR SHOCK: Coco-Cola Co., PepsiCo Inc. and Dr Pepper Snapple Group Inc. say they'll start posting calorie counts on vending machines starting next year. A LITTLE CONTEXT: The move comes ahead of a regulation that could require restaurant chains and vending machines to post calorie information.
JACKSON, Miss.-- Mississippi Attorney General Jim Hood has joined at least 40 other states' legal officers in opposing legislation in Congress that could pre-empt states' authority in governing payday lending businesses.
TULSA, Okla.-- Tulsa County commissioners took no action Monday against the Oklahoma Jazz Hall of Fame after the nonprofit announced it had raised enough money to pay off its long-overdue bills.
Investors looked warily at forecasts for poor U.S. corporate earnings and weaker growth in Asia and decided there wasn't much reason to buy stocks. Companies in the S&P 500 index are expected to post an overall decline in profits for the first time in 11 quarters, according to FactSet.
NEW YORK-- A Cowen and Co. analyst said Monday that Cerus Corp., which makes devices that are used to clean donated blood, should report strong revenue growth as sales of its Intercept system increase.
NEW YORK-- Supermarket chains like Safeway and Roundy's could have even more reason to fear Wal-Mart. As of the end of July, Wal-Mart had 10 "Express" stores and had ramped up its "Neighborhood Market" concept to 217 locations, said Citi Investment Research analyst Deborah Weinswig.
JET-SETTING: Rapidly expanding Gulf carrier Etihad Airways will jointly market some of its flights with Air France-KLM in what could be the beginning of a larger strategic alliance. The Air France-KLM deal could prove significant in that it shows a willingness by the company to work with a Gulf rival.
PORTLAND, Maine-- Maine has always been proud of the commodities it claims as homegrown, among them Stephen King, L.L. Bean, lobster, and a host of political icons including Edmund Muskie, George Mitchell and Olympia Snowe. Independent Angus King hails from Alexandria, Va., attended Dartmouth College and moved to Maine, where he has settled in Brunswick.
NEW YORK-- Benchmark Research believes the sell-off last week of shares in firearms manufacturers was overdone, and reiterated a buy recommendation on the stocks of the biggest producers.
NetSpend and Green Dot, which sells many of its cards at Walmart stores, tumbled Monday after Wal-Mart Stores Inc. announced it would offer its own prepaid card with credit card issuer American Express Co. With its shares falling, Green Dot replied with a statement saying it supported Wal-Mart's efforts to offer more financial products to more customers.