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  • Coca-Cola's profit up even as sales disappoint Tuesday, 16 Oct 2012 | 11:09 AM ET

    NEW YORK-- The Coca-Cola Co. has a formula for growth in the volatile economic climate: sell more of its drinks in emerging markets and evolve its stable of products at home, where concerns over sugary drinks are intensifying.

  • Earnings Preview: Tougher 3Q at P. Morris Int'l Tuesday, 16 Oct 2012 | 11:02 AM ET

    RICHMOND, Va.-- Cigarette maker Philip Morris International Inc., which sells Marlboro and other brands abroad, expects a slowdown in the third quarter as it laps large cigarette volume gains last year. Philip Morris International has compensated for consumers buying fewer, or cheaper, cigarettes _ and for the weak economy _ by cutting costs and raising prices.

  • Arizona Commerce Authority board may pick new CEO Tuesday, 16 Oct 2012 | 11:00 AM ET

    The Arizona Commerce Authority board's agenda for a closed execution session during its meeting Tuesday includes an update on the search for a new CEO. The quasi-private authority gets $35 million of state funding annually, including $25 million for grants to help attract, expand or retain businesses.

  • Maine heating oil price up 5 cents per gallon Tuesday, 16 Oct 2012 | 11:00 AM ET

    AUGUSTA, Maine-- Maine energy officials say the current statewide average cash price for home heating oil has risen by 5 cents per gallon in the past week. The Governor's Energy Office says this week's average price is $3.75 per gallon, 25 cents higher than it was at the same time last year.

  • Health shift will affect 860,000 Calif. children Tuesday, 16 Oct 2012 | 10:59 AM ET

    Assemblyman Richard Pan, D- Sacramento, said he is concerned about the number of doctors willing to accept more Medi-Cal clients. State officials estimate that health providers will receive about 15 percent less under Medi-Cal, which is California's version of the federal Medicaid program for the poor.

  • *Zimbabwe journalists' group demands Malema apology Tuesday, 16 Oct 2012 | 10:57 AM ET
  • *Diebold cuts 2012 net income and revenue guidance Tuesday, 16 Oct 2012 | 10:57 AM ET
  • Survey: Half of Chinese like US ideas on democracy Tuesday, 16 Oct 2012 | 10:55 AM ET

    BEIJING-- People in China are increasingly worried about corruption, inequality and food safety, according to a survey released Tuesday that also found that about half of Chinese like American ideas about democracy.

  • *UK to hold new inquest into stadium tragedy Tuesday, 16 Oct 2012 | 10:54 AM ET
  • Turkey Hill announces voluntary ice cream recall Tuesday, 16 Oct 2012 | 10:54 AM ET

    LANCASTER, Pa.-- Turkey Hill Dairy of Lancaster County, Pa. has announced a voluntary recall of about 1,200 cartons of Mint Chocolate Chip All Natural Ice Cream because it contains coconut that's not listed on the label.

  • NRC signs deal to work with Prairie Island tribe Tuesday, 16 Oct 2012 | 10:53 AM ET

    RED WING, Minn.-- The Nuclear Regulatory Commission and Prairie Island Indian Community have agreed to cooperate on some issues as the agency considers the fate of spent nuclear fuel at Xcel Energy Inc.' s nuclear plant in Red Wing.

  • Putin: Russia must make 2014 Sochi Olympics safe Tuesday, 16 Oct 2012 | 10:53 AM ET

    MOSCOW-- President Vladimir Putin has urged Russia's intelligence agencies, police and military to clamp down on terrorism to prevent violence at the 2014 Winter Games in Sochi and other international events in Russia.

  • *Boston mayor seeks $15M for lab scandal fallout Tuesday, 16 Oct 2012 | 10:52 AM ET
  • New Nigeria museum fetes late Afrobeat singer Fela Tuesday, 16 Oct 2012 | 10:51 AM ET

    LAGOS, Nigeria-- "FELA LIVES," reads the Gothic-lettered tattoo on the back of one of the sons of the legendary Afrobeat singer from Nigeria. Fela Anikulapo-Kuti died 15 years ago but his name seems to be mentioned more now than ever.

  • Xcel Energy saying no to banners on power poles Tuesday, 16 Oct 2012 | 10:51 AM ET

    DENVER-- Xcel Energy Inc. is telling dozens of Colorado cities and towns that starting Jan. 1, they won't be allowed to hang decorative banners, flags or decorations on its power poles any longer.

  • Alternative fuels event in Nashville on Thursday Tuesday, 16 Oct 2012 | 10:50 AM ET

    NASHVILLE, Tenn.-- Alternative Fuel Vehicles will be shown off in Nashville and a speaker will talk about the global oil supply. The event _ part of National Alternative Fuel Vehicle Day Odyssey _ will take place Thursday at Lincoln College of Technology, formerly Nashville Auto Diesel College.

  • $3.4M to network NY's Hudson Valley farmers Tuesday, 16 Oct 2012 | 10:49 AM ET

    Charles Schumer says $3.4 million in federal money has been set aside for an organization to help farmers in New York's Hudson Valley recovering from last year's tropical storms bolster their businesses and tap new markets.

  • Firm with ties to Flynt to buy New Frontier Media Tuesday, 16 Oct 2012 | 10:42 AM ET

    BOULDER, Colo.-- An affiliate of a company founded by Hustler magazine publisher Larry Flynt is acquiring New Frontier Media Inc. for about $33 million cash. Boulder, Colo.- based New Frontier says LFP Broadcasting LLC has agreed to pay $2.02 per share, plus up to 6 cents more per share if New Frontier maintains a cash balance above about $11.5 million.

  • LaHood: Detroit area must 'get its act together' Tuesday, 16 Oct 2012 | 10:40 AM ET

    Transportation Secretary Ray LaHood says he's ready to start funding a light rail passenger line and fast bus lines in the Detroit area if state and regional officials can finally work together on ending the metro area's status as the nation's largest without mass transit.

  • Mexican president signs money-laundering law Tuesday, 16 Oct 2012 | 10:33 AM ET

    MEXICO CITY-- Mexican President Felipe Calderon has signed into law a ban on large cash transactions as part of an effort to fight money laundering that experts estimate may amount to around $10 billion per year in Mexico. The bill forbids buyers and sellers from giving or accepting cash payments of more than a half million pesos for real-estate purchases.