*China central bank ready to ease policy if needed- Reuters report. NEW YORK, March 12- Global stock indexes declined for a fourth day and copper hit four-year lows before rebounding on Wednesday as increasing concern about China's economic slowdown unnerved investors.» Read More
WAUKESHA, Wis.-- Generac Holdings Inc. offered higher-than-expected earnings and revenue guidance for the third quarter on Monday saying demand was strong for its home stand-by and portable generators due to recent, major power outages.
The Dow Jones industrial average rose 118 points to 13,554 as of 1 p.m. Eastern. Stocks had already been up in morning trading, but the gains accelerated after the report was released by the Institute for Supply Management, a trade group of purchasing managers. All 10 industry groups in the S&P 500 rose.
NEW YORK-- The NHL and the players' association met for a third straight day Sunday, and again avoided the troublesome money issues that are fueling the ongoing lockout. "We did not discuss core economic issues, as was the plan," NHLPA special counsel Steve Fehr said after meeting for five hours with the NHL. "
VENTURA, Calif.-- A. 45- caliber gun once owned by Butch Cassidy has sold at auction in Southern California for $175,000. Cassidy, the infamous Old West bank robber, bought the revolver in a hardware store in Vernal, Utah, in 1896. He turned it over to Utah authorities in early 1900 in an unsuccessful attempt to gain amnesty.
TRENTON, N.J.-- Former Johnson& Johnson CEO James E. Burke, who steered the health care giant through the Tylenol poisonings in the 1980 s that resulted in the first tamper-resistant product packaging, has died.
LAS VEGAS-- A Brooklyn Bowl entertainment venue, a Yard House beer bar and an Asian-themed food and art marketplace are among anchor tenants coming to a master-planned complex being built at the base of a big new Las Vegas Strip observation wheel, Caesars Entertainment Corp. officials will announce Monday.
WASHINGTON-- The White House is acknowledging an attempt to infiltrate its computer system, but says it thwarted the effort and that no classified networks were threatened. White House spokesman Jay Carney told reporters the White House is equipped with mitigation measures that identified the attack, isolated it and prevented its spread.
O'Donnell, who jumped to CBS last year after more than a decade at NBC News, replaced Erica Hill within the trio of "CBS This Morning" hosts that also include Charlie Rose and Gayle King.
Judge Chaing Sinat of the Phnom Penh Municipal Court said 71- year-old Mam Sonando was convicted and sentenced on four counts related to an alleged secessionist movement in eastern Cambodia. "There is no real democracy in Cambodia. Mam Sonando also was fined 10 million riel.
CAIRO-- The owner of a TV station on trial for incitement following his call for the killing of Egypt's Islamist president has been released after being briefly detained over allegations of theft of electrical power and bounced checks, security officials said on Monday.
SAN FRANCISCO-- Autodesk Inc. said Monday that it has bought certain assets of HSMWorks so it can add software to control machinery to its portfolio of software used in computer-aided manufacturing.
As the government closed the books Sunday with a $1.1 trillion deficit for the year, which required borrowing 32 cents for every dollar it spent, budget analysts have little confidence in either man's plan to address the accumulating debt, now at about $16 trillion.
ALBANY, N.Y.-- New York regulators expect to reopen their rulemaking process for natural gas drilling using hydraulic fracturing, casting doubt on whether a 4- year-old moratorium on development will be lifted before next year.
DALLAS-- Hospital operator Tenet Healthcare Corp. plans acquisitions, a new share repurchase program and a 4- to-1 reverse stock split to help speed up growth and improve the value of its stock for shareholders.
WASHINGTON-- U.S. manufacturing grew for the first time in four months, buoyed by a jump in new orders and more jobs. The Institute for Supply Management, a trade group of purchasing managers, said Monday that its index of factory activity rose to 51.5.
NEW YORK-- A New York auto dealer must pay almost $300,000 in restitution to customers for fraudulent sales practices _ including adding unwanted options and pressuring customers into signing blank contracts.
CHICAGO-- Integrys Energy Group Inc., a provider of electricity and natural gas, said Monday that it is buying one of its suppliers, a Wisconsin power plant, for $440 million. Fox Energy Co. is owned by General Electric Co. and Tyr Energy Inc., a privately held company.
WASHINGTON-- U.S. builders trimmed their activity for a second straight month in August as a solid gain in home construction failed to offset declines in nonresidential activity and government projects. Overall construction spending dipped 0.7 percent in August, compared to July, the Commerce Department reported Monday.
MIAMI-- Heating and cooling company Watsco Inc. said Monday that its board declared a special cash dividend of $5, totaling about $172 million, and a regular quarterly cash dividend of 62 cents. Albert Nahmad, Watsco's chairman CEO, said the special dividend shows management's confidence in the company and its continued ability to generate free cash flow.