*FOMC stresses patience in normalizing interest rates. *Yellen sees boost for U.S. from oil drop, downplays risk. NEW YORK, Dec 17- U.S.» Read More
TORONTO-- An Air Canada passenger flight bound for Sydney helped pinpoint the location of a yacht in trouble off the coast of Australia. Air Canada said its plane swooped down at about 1,200 meters while the crew peered out using binoculars borrowed from passengers.
HAVANA-- For the first time since the height of the Cold War more than half a century ago, Cuba is giving its people the freedom to leave the country without government permission, scrapping the detested exit visa that kept many from traveling outside the communist nation for even a few days. said Mercedes Delgado, a 73- year-old retiree. "
LOS ANGELES-- Mario Lopez and Khloe Kardashian Odom are officially joining "The X Factor." "The worst kept secret in Hollywood is out," said "X Factor" creator and judge Simon Cowell in a statement. " Britney Spears and Demi Lovato joined Cowell and L.A. Reid on "The X Factor" judging panel at the start of the second season.
The lawsuit filed Tuesday in Alameda County Superior Court charges the California Department of Conservation, Division of Oil, Gas and Geothermal Resources, also known as DOGGR, with failing to adequately monitor possible pollution caused by hydraulic fracturing, or "fracking."
NEW YORK-- Nike has severed ties with cyclist Lance Armstrong, citing insurmountable evidence that he participated in doping and misled the company about those activities for more than a decade. "Nike does not condone the use of illegal performance enhancing drugs in any manner," it said in a statement.
WASHINGTON-- Sensing an opportunity to keep Maine's Senate seat in Republican hands, a super PAC started by GOP strategist Karl Rove is airing television ads in the state for the first time as part of a $5 million blitz in a handful of states.
NEW YORK-- Laura Schoppe's small business gets about half of its revenue from contracts with the federal government. Schoppe and thousands of other small companies with federal contracts are watching to see if Congress will stop a mandatory $109 billion in federal budget cuts scheduled to take effect Jan. 2 in what's being called sequestration.
BELLEVILLE, Ill.-- The families of a three babies sickened by a rare bacterial infection, including a 10- day-old Missouri infant who died, filed a lawsuit Tuesday against the Illinois- based manufacturer of a powdered baby formula that they believe is responsible.
KENNEBUNK, Maine-- The first batch of men charged with being clients of a woman accused of turning her Zumba dance studio into a brothel included a former mayor and men from more than a dozen towns in Maine, as well as one each from Massachusetts and New Hampshire.
MONTEREY, Calif.-- California labor officials are suing a farm labor contractor for $1.6 million over allegations the company failed to properly pay 150 farmworkers.
LANSING, Mich.-- The state Senate is poised to consider a proposed overhaul of Blue Cross Blue Shield of Michigan after legislation was approved by a committee. The legislation would end Blue Cross' tax-exempt status and change the health insurer from a charitable trust to a customer-owned nonprofit.
WASHINGTON-- Republican candidates for the Senate in conservative-leaning states generally outraised their Democratic opponents in the latest fundraising quarter ending Sept. 30, but Arizona proved an exception as former surgeon general Richard Carmona raised nearly $500,000 more than Republican Jeff Flake.
TUNICA, Miss.-- The Fitz Casino& Hotel Tunica has laid off an unspecified number of employees, citing a soft economy, seasonal fluctuations and increased competition.
NEW YORK-- A multimillion-dollar Roy Lichtenstein painting of an electrical cord that was sent out for a cleaning 42 years ago and disappeared was returned to its owner on Tuesday.
MADISON, N.J.-- Quest Diagnostics Inc.' s third-quarter earnings slipped 5 percent, as restructuring costs and a drop in clinical testing revenue hurt the medical laboratory operator's performance. Overall, the company earned $163.1 million, or $1.01 per share, in the three months that ended Sept. 30.
PORTLAND, Ore.-- After betting more than $5 million they could persuade voters to approve Oregon's first privately owned casino, the Canadian developers folded their hand Tuesday, saying they would suspend their campaign because there isn't enough support from voters.
OWENSBORO, Ky.-- An Owensboro, Ky. man has been sentenced to eight years in prison and ordered to pay $1.6 million in restitution for a scheme to defraud investors in three states. Judge Joseph H. McKinley Jr. also Tuesday ordered 28- year-old Cory B. George to forfeit contents of three bank accounts totaling about $484,000 to be applied toward final restitution.
TUPELO, Miss.-- Regional bank Renasant Corp. said profit in 2012' s third quarter rose 8 percent from the same three months of 2011, as the bank set aside less to cover bad loans and made lower interest payments to savers.