AMSTERDAM, April 24- The European Central Bank could embark on a broad-based asset buying plan if the euro zone inflation outlook worsens, ECB President Mario Draghi said, adding that a rise in the euro could also trigger policy action. The euro fell to $1.3815 after the release of Draghi's comments from around $1.3835 beforehand.» Read More
LOS ANGELES-- Clothing maker American Apparel Inc. said Thursday a key sales figure rose 15 percent in September, helped by online sales and fewer discounts.
MANILA, Philippines-- Police arrested former Philippine President Gloria Macapagal Arroyo on Thursday and temporarily detained her in a hospital on corruption charges, in her third indictment and second detention since stepping down two years ago.
CHICAGO-- Members of the Chicago Teachers Union overwhelmingly have approved a new three-year contract that includes pay increases and a new evaluation system, union officials announced late Wednesday.
FRANKFURT, Germany-- German media report that Deutsche Bank AG has put at least five of its traders on indefinite leave as part of an effort to restore the company's ethical credibility. Deutsche Bank declined to comment on the report Thursday, citing ongoing legal proceedings.
CHARLOTTE, N.C.-- Cato Corp., a women's clothing store, said on Thursday that a key measure of September revenue fell 4 percent, and it said its third-quarter earnings will be at the low end of its guidance.
WASHINGTON-- President Barack Obama and Republican rival Mitt Romney spun one-sided stories in their first presidential debate, not necessarily bogus, but not the whole truth.
NEW YORK-- "American Idol" season 12 tapings are just getting under way and Keith Urban has already become more than just a judge: he's also the pacifier on the newly-minted panel. "We're all passionate people and we're learning a new dance and we're all a work in progress," said Urban Wednesday at the New York Film Festival gala honoring his wife, Nicole Kidman.
ANNAPOLIS, Md.-- A Maryland task force's recommendations to reduce prolonged power outages after powerful storms includes the possibility of adding $1 or $2 to residents' monthly electric bills to improve the state's electricity distribution system, Gov.
FRANKFURT, Germany-- European Central Bank President Mario Draghi is praising Spain's efforts to get its deficit under control and said conditions the country would need to meet to get help with its borrowing costs "don't need to be punitive."
YORK, Pa.-- Department store operator Bon-Ton Stores said Thursday that a key revenue figure rose 0.6 percent in September as it tightly managed its inventory and marketing efforts. Total revenue for the five weeks ended Sept. 29 rose 0.7 percent to $288.9 million.
Tandy Leather Factory Inc. said Thursday fiscal third-quarter sales topped second-quarter sales for the first time in more than 10 years. All were counted in the closely watched figure for sales at locations open at least a year, and their revenue rose to $3.2 million, up from $2.8 million a year earlier.
LOS ANGELES-- Eight months ago Southern California had a nuclear power plant that could generate enough electricity for 1.4 million homes. Southern California Edison sketched out a proposal Thursday under which its long-shuttered San Onofre nuclear power plant might be stuck, perhaps permanently, in a sort of middle gear.
NEW YORK-- An analyst on Thursday cut his earnings estimates for JetBlue Airways Corp. because the price of fuel hasn't dropped as much as he expected after Labor Day. Sterne Agee analyst Jeffrey Kauffman cut his profit forecast for the New York airline's third quarter to 16 cents per share from a previous expectation of 22 cents per share.
Dow futures are up 59 points to 13,485. The broader S&P 500 futures are up 8 points to 1,452.40. Investors are also awaiting news from the monthly policy meeting of the European Central Bank. Stocks across Europe were marginally higher ahead of ECB head Mario Draghi's news conference, which is being held in Slovenia, one of the euro's 17 countries.
BELLPORT, N.Y.-- Perfumania Holdings Inc. said Thursday that revenue in stores open at least a year fell 3.9 percent in September. Total revenue fell 2 percent to $22.3 million last month. Perfumania has 344 perfume stores in the U.S.
NEW YORK-- Analysts on Thursday voiced concerns that Hewlett-Packard's ongoing efforts to restructure its operations might not be enough to turn around the struggling computer company any time soon.
LONDON-- London's mayor says the British government is risking economic catastrophe by not quickly expanding airport capacity. Under pressure to build a third runway at Heathrow, London's busiest airport, the government has ordered a review into airport capacity.
FRANKFURT, Germany-- European Central Bank head Mario Draghi says that growth in the crisis-hit group of 17 countries that use the euro will remain weak for the near future. The ECB governing council met in Slovenia, one of the 17 countries that use the euro.