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  • CC remains a distinctive Volkswagen Wednesday, 17 Oct 2012 | 1:05 PM ET

    Volkswagen's upscale CC compact sedan is nicely put together with a coupe silhouette, pretty lines, a taut, refined ride, well-crafted interior and for 2013, seats for five.

  • Fact sheet: 2013 Volkswagen CC Wednesday, 17 Oct 2012 | 1:05 PM ET

    BASE PRICE: $30,610 for Sport with manual. TYPE: Front engine, front-wheel-drive, five-passenger, compact sedan. ENGINE: 2- liter, double overhead cam, turbocharged, direct-injection, inline four cylinder with TFSI.

  • Check Point Software posts higher 3Q earnings Wednesday, 17 Oct 2012 | 1:03 PM ET

    SAN CARLOS, Calif.-- Check Point Software Technologies Ltd. said Wednesday that its third-quarter net income and revenue grew thanks to growing demand for its Internet security software.

  • Ozzie Smith to auction Gold Gloves Wednesday, 17 Oct 2012 | 11:59 AM ET

    LAGUNA NIGUEL, Calif.-- Hall of Famer Ozzie Smith is planning to auction his 13 Gold Gloves and a pair of World Series rings he received from the St. Louis Cardinals in retirement.

  • Legislation signed on Seattle arena deal Wednesday, 17 Oct 2012 | 11:58 AM ET

    SEATTLE-- King County Executive Dow Constantine and Seattle Mayor Mike McGinn signed legislation Tuesday on the funding plan for construction of an arena that could be used to lure the NBA back to Seattle. Other investors include Microsoft Chief Executive Steve Ballmer and two members of the Nordstrom department store family.

  • NHL releases details of latest offer to NHLPA Wednesday, 17 Oct 2012 | 11:56 AM ET

    TORONTO-- The NHL has released details of its latest collective bargaining proposal to the public. In an unprecedented move, the league has published the documents it handed over to the NHL Players' Association on Tuesday in an attempt to save a full 82- game season and end the third lockout of Commissioner Gary Bettman's tenure.

  • NC high court weighs status of video sweepstakes Wednesday, 17 Oct 2012 | 11:56 AM ET

    RALEIGH, N.C.-- North Carolina's highest court is deciding whether the state can outlaw video sweepstakes parlors as gambling halls, or whether the video screens give the owners constitutional free-speech rights.

  • EU mulls ways to reduce use of food-based biofuel Wednesday, 17 Oct 2012 | 11:55 AM ET

    BRUSSELS-- Europe is considering limiting the amount of food-based biofuels that can count toward its renewable fuel targets while a drought in the U.S. has pushed up food prices worldwide and millions around the world go hungry.

  • Stocks are mostly higher on housing market news Wednesday, 17 Oct 2012 | 11:54 AM ET

    A surprisingly strong housing report is pushing the stock market mostly higher even as weak earnings reports from Intel and IBM weighed on the Dow Jones industrial average. IBM's sales fell below Wall Street's expectations, and Intel warned that sales of personal computers will likely remain weak during the holiday season.

  • *Loan growth boosts US Bancorp's net income in 3Q Wednesday, 17 Oct 2012 | 11:54 AM ET
  • News Summary: Bank of England divided on stimulus Wednesday, 17 Oct 2012 | 11:49 AM ET

    LESS STIMULATING: The likelihood that the Bank of England might approve more economic stimulus next month decreased on Wednesday as rate-setters disagreed on the program's effectiveness.

  • Uruguay Senate engages in final abortion debate Wednesday, 17 Oct 2012 | 11:47 AM ET

    MONTEVIDEO, Uruguay-- Senators in Uruguay were debating Wednesday whether to legalize abortion, a groundbreaking step in Latin America, by accepting a compromise measure that has frustrated both sides of the bitter abortion debate.

  • Sector Snap: Housing Wednesday, 17 Oct 2012 | 11:40 AM ET

    NEW YORK-- The shares of at least four homebuilders hit new highs and construction materials companies got a boost as well Wednesday from the release of a new report showing that U.S. builders started construction on homes in September at the fastest rate since July 2008, another sign of a recovering housing market.

  • *NYC's Rainbow Room gets landmark status Wednesday, 17 Oct 2012 | 11:35 AM ET
  • Hollywood costumes exhibition opens in London Wednesday, 17 Oct 2012 | 11:35 AM ET

    LONDON-- A new London exhibition has brought together more than 100 Hollywood costumes, from Darth Vader's suit to the world's most famous ruby slippers.

  • Can 'Cloud Atlas' survive Hollywood reincarnation? Wednesday, 17 Oct 2012 | 11:33 AM ET

    LOS ANGELES-- Susan Sarandon reported for work on "Cloud Atlas" midway through the shoot, in time to see a collection of far-flung film scenes that the cast and crew were viewing.

  • Fiber optics maker expanding in South Carolina Wednesday, 17 Oct 2012 | 11:30 AM ET

    DUNCAN, S.C.-- A company that makes fiber optic products is expanding its operations in South Carolina's Spartanburg County. AFL announced Wednesday that it would invest $8.6 million to expand its presence in Duncan, creating 95 new jobs.

  • Arkansas: New recycling plant to employ up to 350 Wednesday, 17 Oct 2012 | 11:29 AM ET

    ROGERS, Ark.-- A new $10 million plastics recycling facility is planned for Rogers, Ark. and the company says it will hire up to 350 workers. Nextlife Asset Recovery Services announced Wednesday that it will open a headquarters and processing plant and that it will supply several companies with resin that's used to manufacture new consumer plastic items.

  • *India's top court lifts ban on tiger tourism Wednesday, 17 Oct 2012 | 11:28 AM ET
  • Betaspring, universities to boost entrepreneurship Wednesday, 17 Oct 2012 | 11:27 AM ET

    PROVIDENCE, R.I.-- A Providence- based start-up incubator said Wednesday it is partnering with two local universities and the business community in an effort to boost entrepreneurship in Rhode Island, where the economy continues to struggle.