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  • News Summary: Little progress on European banks Tuesday, 9 Oct 2012 | 2:10 PM ET

    LITTLE PROGRESS: Europe made little progress Tuesday in its efforts to secure the region's stricken financial system when finance ministers from the European Union failed to agree on how a single banking supervisor should be set up.

  • Hawaiian Airlines parent shares fall on outlook Tuesday, 9 Oct 2012 | 2:04 PM ET

    NEW YORK-- Increased competition on several key routes led Hawaiian Airlines Inc. to cut its third-quarter revenue expectations on Tuesday. The stock of its parent company, Hawaiian Holdings Inc., lost as much as 6 percent. Hawaiian started flying nonstop between New York and Honolulu in June.

  • Trinity upgraded on railcar and barge businesses Tuesday, 9 Oct 2012 | 2:03 PM ET

    NEW YORK-- A Raymond James analyst upgraded shares of industrial manufacturer Trinity Industries Inc. on Tuesday, saying he expects better results for its inland barge and railcar businesses.

  • NBC regroups under Comcast with new cuts, spending Tuesday, 9 Oct 2012 | 1:57 PM ET

    LOS ANGELES-- NBC slashes Jay Leno's "Tonight" pay in half, but forks out more than $8 billion to renew its broadcast rights to Sunday Night Football. Yes, according to observers, who say NBC is making the right moves by saving where it can and spending where it should under new owner Comcast Corp..

  • Feds seek full court review of cigarette warnings Tuesday, 9 Oct 2012 | 1:49 PM ET

    RICHMOND, Va.-- The U.S. government is asking a federal appeals court to rehear a challenge to a Food and Drug Administration requirement that tobacco companies to put large graphic health warnings on cigarette packages to show that smoking can disfigure and even kill people.

  • Judge pleased with RI foreclosure mediation Tuesday, 9 Oct 2012 | 1:48 PM ET

    PROVIDENCE, R.I.-- A federal judge who appointed a special master to help mediate hundreds of foreclosure disputes in Rhode Island's courts said Tuesday he's "incredibly pleased" with the process so far, but is looking for ways to improve it.

  • Expansion planned for western Mo. biodiesel plant Tuesday, 9 Oct 2012 | 1:48 PM ET

    KANSAS CITY, Mo.-- A Kansas City biodiesel plant plans to expand, allowing it to increase production by 40 percent. The facility is a joint venture of Paseo and Cargill and is near the Paseo Bridge in Kansas City. Jay Nixon traveled to Kansas City for the announcement.

  • US charges 73,000 desperate homeowners were conned Tuesday, 9 Oct 2012 | 1:46 PM ET

    WASHINGTON-- Federal investigators have charged 530 people for allegedly defrauding more than 73,000 desperate homeowners around the country who fell behind on mortgage payments, leaving them vulnerable to con artists offering to help them avoid foreclosure.

  • World stocks fall on Europe debt worries, IMF view Tuesday, 9 Oct 2012 | 1:46 PM ET

    AMSTERDAM-- World stock markets fell Tuesday on a gloomy forecast from the IMF and worries over Europe's debt crisis ahead of the start of earnings season.

  • Trustmark, BancTrust, delay deal date into 2013 Tuesday, 9 Oct 2012 | 1:40 PM ET

    JACKSON, Miss.-- Trustmark Corp. says it will delay its takeover of BancTrust Financial Group because regulators haven't approved the deal yet. Jackson- based Trustmark had been scheduled to close its $55 million purchase of BancTrust by Dec. 31.

  • Gas prices in RI hold steady this week Tuesday, 9 Oct 2012 | 1:38 PM ET

    PROVIDENCE, R.I.-- Gasoline prices are holding steady in Rhode Island. AAA Southern New England said Tuesday that the average price for a gallon of regular unleaded gas is $3.96, unchanged from last week. Drivers in Rhode Island paid an average of $3.54 a gallon at this time last year.

  • *US courts freeze assets of 19 firms sued for scams Tuesday, 9 Oct 2012 | 1:38 PM ET
  • *Former WWE wrestler arrested 4th time in weeks Tuesday, 9 Oct 2012 | 1:31 PM ET
  • Feds paid $40M to firms tied to McCaskill's spouse Tuesday, 9 Oct 2012 | 1:28 PM ET

    JEFFERSON CITY, Mo.-- Businesses affiliated with the husband of Missouri Sen. Claire McCaskill have received almost $40 million in federal subsidies for low-income housing developments during her first five years in office, though it appears only fraction of that has made it to the family's bank accounts, according to an Associated Press analysis.

  • Former teen who had sex with Polanski writing book Tuesday, 9 Oct 2012 | 1:27 PM ET

    NEW YORK-- The former teen whom Roman Polanski was convicted of having sex with _ leading to one of Hollywood's most notorious scandals and the director's flight from the U.S. _ is writing a memoir. Samantha Geimer, now 47, has a deal with Atria Books for "The Girl: Emerging from the Shadow of Roman Polanski."

  • Rihanna, Minaj lead American Music Awards nominees Tuesday, 9 Oct 2012 | 1:25 PM ET

    Drake, Justin Bieber, Maroon 5, One Direction and Usher earned three bids apiece. Carrie Underwood, Chris Brown, fun., Gotye, J. Cole, Katy Perry, Kelly Clarkson, Luke Bryan, and Pitbull are each double nominees. Drake, Bieber, Maroon 5, Katy Perry and Rihanna are also in the running for artist of the year.

  • *Louvre reveals dark faces of Old Master Raphael Tuesday, 9 Oct 2012 | 1:23 PM ET
  • Neiman Marcus offers hen house, Spider for holiday Tuesday, 9 Oct 2012 | 1:11 PM ET

    DALLAS-- Luxury retailer Neiman Marcus rolled out its annual holiday catalog Tuesday, and the priciest gift this year is a pair of "his and hers" timepieces for just over $1 million from Van Cleef& Arpels.

  • Shares of coal producers rise on hope for recovery Tuesday, 9 Oct 2012 | 1:07 PM ET

    NEW YORK-- The tickers of coal companies occupied the top of the Standard and Poor's 500 index Tuesday, with investors seeing a potential for miners to capitalize on cooler temperatures and higher natural gas prices.

  • In Ohio, Mandel's Senate bid faces Dems' scrutiny Tuesday, 9 Oct 2012 | 1:03 PM ET

    CHILLICOTHE, Ohio-- Josh Mandel, the Republican nominee for the U.S. Senate, declines to take a stand on the 2009 bailout of the auto industry and reserves judgment on vice presidential candidate Paul Ryan's plans for Medicare.