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  • Automatic spending cuts are issue in some races Thursday, 25 Oct 2012 | 8:09 AM ET

    LEESBURG, Va.-- In many ways, it's an odd topic to make a central campaign issue: sequestration. Many voters greet the word with a blank stare or slightly glazed eyes, and when Republican George Allen brings up the issue in his Senate campaign, he first has to explain what he's talking about.

  • Finland's Amer posts flat Q3 profit Thursday, 25 Oct 2012 | 8:08 AM ET

    HELSINKI-- Global sports equipment maker Amer Sports Corp., owner of brands such as Atomic, Salomon and Wilson, has posted virtually unchanged third-quarter profits as higher sales just offset higher costs and taxes.

  • Study: Aspirin may help treat some colon cancers Thursday, 25 Oct 2012 | 8:08 AM ET

    NEW YORK-- Aspirin, one of the world's oldest and cheapest drugs, has shown remarkable promise in treating colon cancer in people with mutations in a gene that's thought to play a role in the disease. Among patients with the mutations, those who regularly took aspirin lived longer than those who didn't, a major study found.

  • CPR less likely for minorities on street or home Thursday, 25 Oct 2012 | 8:06 AM ET

    CHICAGO-- People who collapse from cardiac arrest in poor black neighborhoods are half as likely to get CPR from family members at home or bystanders on the street as those in better-off white neighborhoods, according to a study that found the reasons go beyond race. The findings suggest a big need for more knowledge and training, the researchers said.

  • McKesson will buy PSS World Medical for $1.46B Thursday, 25 Oct 2012 | 8:04 AM ET

    NEW YORK-- Prescription drug distributor McKesson Corp. is expanding its medical supplies business by buying PSS World Medical Inc. for about $1.46 billion. McKesson said Thursday it will pay $29 per share for PSS World, a 34.3 percent premium over Wednesday's closing price.

  • Florida ethics panel confirms Rivera accusations Thursday, 25 Oct 2012 | 8:04 AM ET

    Accusations against the Miami Republican include receiving income from Southwest Florida Enterprises Inc., a company involved with Flagler Dog Track in Miami, that he knew or should have known was given to influence his vote or official action and using campaign funds for non-campaign expenses.

  • Ex-manager of Britney Spears says he was punched Thursday, 25 Oct 2012 | 8:03 AM ET

    LOS ANGELES-- Britney Spears' ex-manager described from the witness stand Wednesday a scene of domestic warfare, saying the superstar's father chased him around a kitchen, punched him and threatened his life. Sam Lutfi, who is suing Spears' parents for defamation, testified while they watched from across the courtroom.

  • SINGAPORE, Oct 25- KKR's Southeast Asia head Ming Lu said the private equity firm has invested $1 billion in Southeast Asia since 2005 and could invest more than that amount in the region over the next five years. The consumer sector and financial services were among the attractive areas in Southeast Asia, Lu said.

  • 2 pilots home in Houston after Panama drops case Thursday, 25 Oct 2012 | 8:01 AM ET

    HOUSTON-- Two Texas pilots who were released after being arrested in Panama on suspicion of money laundering arrived home Wednesday in Houston. American Jet International pilots Carl Moody and Kenneth Chonoski were greeted at George Bush Intercontinental Airport by a crowd of family, friends and co-workers that included company CEO Roger Woolsey and U.S.

  • Georgia store offers gun raffle tickets to voters Thursday, 25 Oct 2012 | 8:00 AM ET

    ATLANTA-- Want a chance to win a rifle or handgun? That's the message from an Atlanta- area sporting goods store. Georgia law prohibits anyone from giving or receiving money or gifts in exchange for voting, and felony charges could be brought if the law were broken, Secretary of State Brian Kemp said in a statement.

  • Arctic Cat 2Q net income rises on new vehicles Thursday, 25 Oct 2012 | 7:57 AM ET

    MINNEAPOLIS-- Arctic Cat Inc. said Thursday its fiscal second-quarter net income rose 17 percent on demand for new recreational vehicles. Arctic Cat began shipping its new 2013 model year all-terrain and recreational vehicles during the quarter.

  • United Continental reports smaller 3Q profit Thursday, 25 Oct 2012 | 7:56 AM ET

    It was a rough third quarter for United Airlines. Net income for United Continental Holdings Inc. dropped to $6 million, or 2 cents per share, from $653 million, or $1.69 per share, a year earlier. But excluding that charge, its profit of $1.35 per share was still 12 cents less than analysts expected, according to FactSet.

  • Lending still weak in slack eurozone economy Thursday, 25 Oct 2012 | 7:55 AM ET

    FRANKFURT, German-- Another drop in lending to companies in the 17- country eurozone showed the economic downturn is deepening, as a brighter mood on financial markets fails to catch on with businesses.

  • Colgate to cut 6 pct of workforce in 4 years Thursday, 25 Oct 2012 | 7:54 AM ET

    NEW YORK-- Colgate-Palmolive will cut more than 2,310 workers, or 6 percent of its workforce, by the end of 2016 in a push to make the consumer products company more efficient. Consumer product companies like Colgate-Palmolive have increasingly looked outside of the U.S. to sustain growth but that has become problematic in recent years.

  • LONDON, Oct 25- WPP, the world's largest advertising group, has cut its revenue outlook for the second time in as many months after a sharp slowdown in September in North America and Continental Europe hit its third quarter.

  • AutoNation 3Q profit rises 15 pct. on strong sales Thursday, 25 Oct 2012 | 7:49 AM ET

    DETROIT-- AutoNation Inc., the country's largest auto dealership chain, said Thursday that its third-quarter net income rose more than 15 percent as it benefited from the continued rebound in U.S. new-car sales. The Fort Lauderdale, Fla., company said it earned $81.6 million, or 66 cents per share, in the quarter ended Sept. 30.

  • LONDON, Oct 25- Miner Anglo American reported increased volumes in five of its seven key commodities while bracing for the full impact of South African strikes on platinum and iron ore output.

  • ZURICH, Oct 25- Credit Suisse will cut an extra 1 billion Swiss francs of costs, including axing more jobs, after its third-quarter net profit more than halved due to losses on the value of its own debt.

  • US futures up ahead of jobs, manufacturing numbers Thursday, 25 Oct 2012 | 7:45 AM ET

    NEW YORK-- Stock futures are climbing ahead of what is expected to be largely positive news on both the jobs front and the manufacturing sector. More earnings reports are coming in Thursday from companies like United, Procter& Gamble and Apple.

  • LONDON, Oct 25- The dollar hit a four-month high against the yen on Thursday on expectations of monetary stimulus measures in Japan.