HOUSTON _ Columbia Pipeline Partners LP on Monday reported second-quarter earnings of $16.3 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.» Read More
Disappointing results from three giants of the Dow _ Microsoft, General Electric and McDonald's _ were to blame. The Nasdaq composite index, hammered by a second ugly day for Google, lost 67 points to 3,006, a 2.2 percent decline. Four stocks fell for every one that rose on the New York Stock Exchange.
MADISON, Wis.-- Wisconsin's quasi-public economic development agency lost track of $69 million in loans to businesses because no one was in charge of keeping tabs of that money.
OKLAHOMA CITY-- Despite ongoing drought conditions _ Oklahoma wheat farmers are busy planting their winter crop with what one agreed is cautious optimism. Oklahoma Wheat Commission Executive Director Mike Schulte said Friday that 75 percent of the 2012 crop is estimated to have been planted.
SIOUX FALLS, S.D.-- The U.S. Department of Agriculture says South Dakota milk production from July through September was up 6 percent from the same period last year. The USDA says milk production for the third quarter totaled 487 million pounds. That's down from 1 percent from the second quarter total of 494 million pounds.
SUDDEN STALLS: Federal safety regulators are investigating a dozen complaints that engines on Jeep Patriot SUVs can stall without warning at highway speeds of 65 miles per hour or faster. Chrysler Group LLC, the maker of Jeeps, sold another 18,000 in Canada.
ALBANY, N.Y.-- A key lawmaker on energy policy says a company that plans to run a transmission line sending lower-cost Canadian electricity to New York City will also explore sharing that line with upstate utilities.
BUCKLED UP: Federal safety officials are investigating complaints that children have been trapped in Graco car seats because the buckles won't unlatch. THE DETAILS: The probe covers My Ride and Nautilus car seats from 2009 through 2011 made by Graco Children's Products Inc. of Atlanta, the National Highway Traffic Safety Administration said Friday.
Starbucks opened its first store in India Friday in Mumbai as the Seattle- based coffee giant seeks growth in a market long associated with tea drinkers. LOCAL GUIDE: Starbucks' partner in India is the salt-to-SUVs Tata conglomerate. The venture will open more stores in Mumbai this year and expand to New Delhi next year.
High chairs that could pose a deadly risk to children and flammable sunscreen are among several recalled products this week. DETAILS: Energizer Holdings recalled formulations of its Banana Boat UltraMist sunscreen. The products were sold from Jan. 2010 through Sept. 30, 2012.
Stocks fell following poor earnings reports from big-name companies including General Electric, McDonald's and Microsoft. Palladium decreased $24.20 to $623 an ounce and platinum dropped $28.20 to $1,615.50 per ounce. Benchmark crude fell $2.05 to $90.05 per barrel on the New York Mercantile Exchange.
KANSAS CITY, Mo.-- Kansas City Southern said Friday that its third-quarter net income fell 9.8 percent, hurt by tough comparisons to a prior-year period boosted by a hefty one-time gain. The Kansas City, Mo.- based railroad earned $90 million, or 82 cents per share, down from $99.8 million, or 91 cents per share, in the same quarter last year.
FAST TRACK: Test runs started zooming along a section of the Amtrak line between Chicago and St. Louis at 111 mph Friday. The 30- mph increase from the route's current top speed is a morale booster for advocates of high-speed rail.
BANK OVERSIGHT: European leaders took a step toward creating a single supervisor next year for banks in countries that use the euro on Friday, but they refused to pin down a start date.
NEW ORLEANS-- Dwayne Boudreaux's memories of the Circle Food Store in New Orleans 7th Ward neighborhood are so vivid he can walk through its colonnade of arches into the dark and empty shell and give a guided tour of how it was before Hurricane Katrina.
PITTSBURGH-- The state Public Utility Commission says a western Pennsylvania township must revise its oil and gas land-use rules by Nov. 28 or face losing money from a new drilling impact fee.
SACRAMENTO, Calif.-- Compensation for medical providers in California's prison system has soared since a federal judge seized control of inmate health care in 2006 and established a receivership with the power to hire and set pay levels.
GUNS GUNS GUNS: An analysis by The Associated Press of data tracking the health of the gun industry shows that President Barack Obama has presided over a heyday for guns. WHAT'S HAPPENED: Sales are on the rise, so much that some manufacturers cannot make enough fast enough.
NEW YORK-- News Corp. said Friday that Fox News chief executive Roger Ailes has signed a new four-year contract. Ailes, 72, first joined News Corp. in 1996. He will continue to oversee Fox News, the Fox Business Network, the Fox TV stations, Twentieth Television and MyNetwork TV.
On the New York Mercantile Exchange:. _ Benchmark crude fell $2.05 to end at $90.05 per barrel. _ Heating oil fell 5.21 cents to end at $3.1345 per gallon.