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Latest Business News Wires - Business Headlines


  • *Ga. store offers gun raffle in exchange for voting Wednesday, 24 Oct 2012 | 10:53 AM ET
  • Germany's E.ON pulls out of Finnish nuclear plans Wednesday, 24 Oct 2012 | 10:52 AM ET

    HELSINKI-- Finnish utility Fennovoima says Germany's E.ON AG is selling its stake in the company, meaning it will pull out of a nuclear power plant project in Finland.

  • EURO GOVT-In-demand Bunds rise on glum data Wednesday, 24 Oct 2012 | 10:52 AM ET

    *Germany sells 3.3 bln euros of 10- yr bonds, demand good.

  • UPDATE 4-Oil bounces as China data eases economy worry Wednesday, 24 Oct 2012 | 10:46 AM ET

    *Iran, Nigeria supply concerns underpin prices. LONDON, Oct 24- Oil rose on Wednesday, snapping a six-day losing streak, after economic data from China suggested a gradual recovery in the world's No. 2 oil consumer, though weak European data kept the gain slim. Brent crude was up 40 cents at $108.65 a barrel by 1020 GMT.

  • *Swift, Minaj to perform at American Music Awards Wednesday, 24 Oct 2012 | 10:45 AM ET
  • EU's Almunia: no probe into Microsoft system for tablets Wednesday, 24 Oct 2012 | 10:45 AM ET

    BRUSSELS, Oct 24- EU regulators do not have any reason to open an investigation into Microsoft's operating system for tablets, the EU's antitrust chief said on Wednesday. ``There are no grounds to pursue an investigation on this issue,'' EU Competition Commissioner Joaquin Almunia told a news briefing.

  • *Vroom! Nation's fastest road to open in Texas Wednesday, 24 Oct 2012 | 10:43 AM ET
  • Tupperware's 3Q results more than quadruple Wednesday, 24 Oct 2012 | 10:43 AM ET

    NEW YORK-- Tupperware Brands Corp.' s third-quarter net income more than quadrupled from a year ago, bolstered by strong sales in its emerging markets. The seller of food-storage containers and other home products, based in Orlando, Fla., also raised its profit outlook, sending shares up more than 7 percent.

  • Toxic release reports sought for oil, gas drilling Wednesday, 24 Oct 2012 | 10:43 AM ET

    WASHINGTON-- Environmental groups say they plan to petition the federal Environmental Protection Agency to require toxic chemical release reporting for the oil and gas industry.

  • PRECIOUS-Gold holds near 7-week low; eyes on Fed meeting Wednesday, 24 Oct 2012 | 10:43 AM ET

    LONDON, Oct 24- Gold prices hovered near a seven-week low on Wednesday as a weak reading of the German economy lifted the dollar versus the euro, while dealers awaited the U.S. Spot gold was at $1,708.90 an ounce at 1023 GMT against $1,708.09 late in New York on Tuesday, while U.S. gold futures for December delivery were up 30 cents an ounce at $1,709.70.

  • Swing-state voters hit with mail ad barrage Wednesday, 24 Oct 2012 | 10:42 AM ET

    MANITOWOC, Wis.-- Around lunchtime each day, the latest missives promoting or pillorying Democratic President Barack Obama and Republican nominee Mitt Romney arrive in Diane Ouradnik's mailbox. Senior citizens are getting dueling pieces from Obama and Romney casting the other as detrimental to Medicare.

  • Group to release study on tobacco tax increase Wednesday, 24 Oct 2012 | 10:41 AM ET

    BALTIMORE-- A Maryland health advocacy group is releasing a study on the effects of tax increases on small cigars and smokeless tobacco products. The Maryland Health Care For All Coalition is releasing the study on Wednesday in Baltimore. The tax increases were approved this year.

  • Navistar makes public offering of about 10M shares Wednesday, 24 Oct 2012 | 10:41 AM ET

    LISLE, Ill.-- Navistar is making a public offering of about 10 million shares of its stock. Earlier this month Navistar International Corp. added a colleague of activist investor Carl Icahn and a former protege of his to its board in order to head off a proxy war.

  • Senecas adding 200 rooms at western NY casino Wednesday, 24 Oct 2012 | 10:39 AM ET

    SALAMANCA, N.Y.-- The Seneca Nation of Indians is showing off the expansion of the hotel at one of its casinos in western New York. Nation officials say the $53 million project is adding 200 rooms to the Seneca Allegany Casino and Hotel in Salamanca, 50 miles south of Buffalo.

  • Governor holds 'summit' to boost beer, wine in NY Wednesday, 24 Oct 2012 | 10:38 AM ET

    ALBANY, N.Y.-- State regulators, farmers and orchard growers are heading to Albany for New York's wine and beer "summit." The aim of the meeting is to boost wine production and craft brewers, in part to spur job growth. Andrew Cuomo and the state Farm Bureau will lead the discussion of ways state government can help these old, but small, industries flourish in New York.

  • DuPont: Some job cuts coming at western NY plant Wednesday, 24 Oct 2012 | 10:29 AM ET

    TONAWANDA, N.Y.-- Chemical giant DuPont Co. says some of the 1,500 jobs it plans to eliminate are at a plant in western New York. A company spokesman tells Buffalo-area media outlets they're at its factory in the town of Tonawanda, just outside of the city. DuPont announced the cuts Tuesday along with its quarterly earnings.

  • *France's Areva, Japan's Toshiba among reactor builders that could benefit. BEIJING, Oct 24- China will restrict the number of new nuclear reactor approvals to a ``small amount'' before 2015, and will only allow them to be built in coastal regions, the government said on Wednesday.

  • Celebrities rally against hydraulic fracturing Wednesday, 24 Oct 2012 | 10:27 AM ET

    DENVER-- A rally organized by opponents of hydraulic fracturing drew about 200 people to Denver's Civic Center Park on Tuesday night. Jakob Dylan of The Wallflowers, actress Daryl Hannah and others ended the four-hour Frack Free Colorado rally by singing "Stand By Me" on stage together.

  • Enrollment up at Washington universities Wednesday, 24 Oct 2012 | 10:25 AM ET

    SEATTLE-- About a thousand more international students are enrolled at the University of Washington's Seattle campus this fall, but school officials say that doesn't mean they have cut back on the number of in-state students at the state's most selective public university.

  • Secrecy surrounds Ukrainian president's home Wednesday, 24 Oct 2012 | 10:23 AM ET

    KIEV, Ukraine-- When Ukraine's president opened up his home to TV cameras, he presented a cozy place with a small office just big enough for his grandchildren to play in.