LONDON, Feb 8- European shares plunged to 16- month lows on Monday, extending a aggressive sell-off, while bond yields and oil also fell as investors shed risky assets on persistent concern over the pace of global growth. Data over the weekend showing China's foreign reserves fell for a third straight month in January, as dollars were dumped to defend the yuan and...» Read More
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.
BISMARCK, N.D.-- North Dakota Agriculture Commissioner Doug Goehring says the state's first trade mission to Colombia in four years shows promise for a long and profitable trade relationship with the South American nation. He says the trip was the beginning of a new effort to make North Dakota a main supplier of products to Colombia.
HELENA, Mont.-- Montana's campaign contribution limits will remain in place at least through the November election after a 9th U.S. Circuit Court of Appeals ruling Tuesday that put a hold on a federal judge's decision that would have allowed for unlimited spending in state races.
PIERRE, S.D.-- The South Dakota Agriculture Department reports that harmful bacteria have been found in a sampling of unpasteurized milk from Black Hills Milk in Belle Fourche. The raw milk is sold at a Spearfish retail outlet, the Black Hills Farmers Market at Founder's Park in Rapid City, and at other Black Hills locations.
LONDON-- British Prime Minister David Cameron is ducking new questions about text messages he traded with Rebekah Brooks, the former chief of News Corp.' s U.K. newspapers who faces charges linked to the country's phone hacking scandal.
ALBANY, N.Y.-- Federal authorities say a central New York farmer and a New Jersey waste management company owner have been found guilty of conspiring to illegally dump tons of asbestos-contaminated construction debris on wetlands near the Mohawk River in 2006..
_ In a San Diego- area race, Democrat Scott Peters reported raising $1.2 million in his bid to unseat Republican Rep. _ Democratic state Assemblywoman Julia Brownley reported taking in $748,970 last quarter in her bid for an open Ventura County seat and ended September with $304,380 in cash.
OKLAHOMA CITY-- The average price of gasoline is down nearly 10 cents per gallon across Oklahoma. AAA Oklahoma reported Tuesday that the average price for a gallon of self-serve unleaded gas is just more than $3.53 per gallon _ compared to $3.63 per gallon last week.
ALBANY, N.Y.-- New York Attorney General Eric Schneiderman says a $1.2 million settlement has resolved claims that a Brooklyn pharmacist defrauded Medicaid by improperly billing for prescription medications that he purchased on the street from 2004 to 2009..
NEW HAVEN, Conn.-- A Madison, Conn. man has been sentenced to two years in prison for cheating investors out of $675,000. Federal prosecutors say 58- year-old Thomas Donnelly swindled four investors and used most of their money to pay his own mortgage and other personal expenses. A judge sentenced him Tuesday in U.S. District Court in New Haven.
The Atlantic City Alliance, the new marketing arm of the casinos, says its multimillion-dollar advertising campaign shows people in New Jersey, New York, Pennsylvania and Baltimore, Md., are improving their perceptions of Atlantic City. That money is now being used to promote Atlantic City more aggressively than ever before.
BILLIONS BID: Portugal managed to raise 1.85 billion in a debt auction Wednesday despite the country's bleak economic prospects and growing political tension over austerity policies.
AUSTIN, Texas-- Lance Armstrong is stepping down as chairman of his Livestrong cancer-fighting charity to it can focus on its mission instead of its founder's problems. Armstrong's announcement came minutes before Nike Inc., announced it is terminating its personal contract with him.
CHICAGO-- A for-profit nursing home company owned by a politically connected Chicago businessman is a partner in a project Illinois Gov. Pat Quinn announced Tuesday that aims to control health spending for high-cost Medicaid recipients.
NEW YORK-- Nike is severing ties with famed cyclist Lance Armstrong, citing insurmountable evidence that he participated in doping and misled the company for more than a decade. The clothing and footwear company said Wednesday that it was ending Armstrong's contract "with great sadness."
FOOD FOR THOUGHT: Members of Occupy Des Moines plan civil disobedience efforts to obstruct participants at World Food Prize headquarters. World Food Prize Foundation President Kenneth Quinn said he's puzzled that people would object to an organization founded by a man who won a Nobel Peace Prize for efforts to fight hunger.
NEW YORK-- American Airlines parent company AMR lost $238 million in the third quarter on employee severance payouts and other costs related to its bankruptcy. A year ago, AMR lost $162 million, or 48 cents per share. AMR Corp. said its core performance improved.