WASHINGTON— The House has passed a bill to add $10.8 billion to the federal trust funds providing highway and transit funds to prevent them from running dry next month and to buy more time for Congress to draft a new highway bill next year. The Senate is scheduled to vote on competing legislation Tuesday evening but may end up endorsing the House bill.» Read More
Stocks fell sharply because of signs of concern from Alcoa and Chevron. Alcoa said it expects a slowdown in China to lower demand for the aluminum it makes. George Gero, a vice president at RBC Global Futures, said a sell-off in gold is unlikely considering low interest rates, tension between Syria and Turkey and the ongoing European debt crisis.
NEW YORK-- Safeway Inc. may give investors a glimpse of how the supermarket chain's new loyalty program for shoppers is impacting sales when it reports its third-quarter results Thursday.
The Beat Generation notables and their poetry-writing, conformity-defying antics come to life in the first production of Kerouac's only play.
NEW YORK-- Endeavour Silver Corp. said Wednesday that it has resolved the work stoppage that blocked its management from accessing certain facilities held under lease near the El Cubo mine in Mexico. Endeavor's U.S. shares rose 24 cents, or 2.6 percent, to $9.37 in afternoon trading. They are up 29 percent from a 52- week low of $7.25 set in mid-May.
NEW YORK-- Not expecting the indie fashion darlings of Rodarte and the in-every-neighborhood coffee retailer Starbucks to be in the same sentence, let alone the same stores? Starbucks Corp. tapped sisters Laura and Kate Mulleavy as its next design partners for a series of limited-edition products for the holiday season.
CHINA BOWS OUT: China's central bank governor and finance minister won't be attending IMF and World Bank annual meetings in Tokyo this week. MORE MINOR OFFICIALS: China's official Xinhua news agency published a report that said China's delegations to the meetings would be headed by a deputy to the central bank governor and a vice finance minister.
SMASHING SUCCESS: Farmers in a stretch of Illinois where most of the nation's pumpkins are grown say their crop is likely to be one of the few successes in a year when severe drought baked most of the nation's heartland.
FEWER JOBS POSTED: U.S. employers advertised 3.56 million jobs in August, or 32,000 fewer jobs than July, the Labor Department said. That meant about 3.5 unemployed people, on average, were competing for each opening job. In a healthy economy, the ratio is usually 2 to 1..
Caris& Co. analyst Scott Tilghman said in a research note Wednesday that Wal-Mart Stores Inc.' s recently announced plans for same-day shipping is not the threat to Amazon.com Inc. that some perceived it to be. Wal-Mart's program offers fewer products and is being offered in five markets, versus the 10 being tested by Amazon.
MADISON, Wis.-- For years, vacationers and farmers across northern Wisconsin and Minnesota have heard the eerie howl of the gray wolf and fretted the creatures were lurking around their cabins and pastures, eying up Fido or Bessie.
SAO PAULO-- About 100 Indians, fishermen and other activists opposed to a huge hydroelectric dam being built on the Xingu river in the heart of Brazil's Amazon rainforest are occupying one of its construction sites. The Norte Energia consortium that is building the Belo Monte dam says the protesters occupied the site Tuesday night.
MOSCOW-- Sarah Brightman's voice, beloved by audiences and renowned for its three-octave range, rocketed to fame more than two decades ago as the heroine of The Phantom of the Opera. On Wednesday, Brightman told a news conference in Moscow that she has booked a trip to the International Space Station.
NEW YORK-- The Federal Trade Commission said Wednesday that credit reporting firm Equifax Inc. will pay $393,000 to resolve allegations it broke the law by selling lists of consumers who were late on their mortgage payments. The agency said Equifax and Direct Lending Source violated the FTC Act and the Fair Credit Reporting Act.
WASHINGTON-- Stronger housing markets helped boost economic growth at the end of the summer in nearly every region of the United States, according to a Federal Reserve survey released Wednesday. The Fed said growth improved in 10 of its 12 regional banking districts from mid-August through September, while leveling off in one region and slowing in another.
PHILADELPHIA-- For a year the Joker's been out of sight, out of mind and out of trouble. That changed Wednesday in the pages of "Batman" No. 13, when the clown prince of crime returned to Gotham with a mission to help Batman become a better man, even if it means going after everyone and everything that the Dark Knight and his alter ego, Bruce Wayne, hold dear.
NEW YORK-- Shares of Chevron Corp. plunged Wednesday after the oil giant said its third-quarter earnings are expected to be "substantially lower" than in the second quarter. In addition, results from refining and marketing dropped after a fire damaged Chevron's refinery in Richmond, Calif., and Hurricane Isaac disrupted production at a refinery in Mississippi.
HAVANA-- Cuba shuttered hundreds of medical facilities last year, including 54 hospitals, as the country reorganizes its health care sector. Cuba is proud of the universal, free health system installed after Fidel Castro's 1959 revolution, but his younger brother and successor Raul Castro has stressed that medical care must be more efficient and less wasteful.
NEW TAKE ON NETFLIX: A new book about Netflix Inc. provides the most comprehensive look yet at the video subscription service that has revolutionized home entertainment during the past decade.