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Latest Business News Wires - Business Headlines


  • NY utilities have plenty of natural gas for winter Friday, 19 Oct 2012 | 10:47 AM ET

    ALBANY, N.Y.-- New York regulators say utilities won't have any problem supplying natural gas this winter and consumers can expect a price break. The Public Service Commission said Thursday there's enough gas and delivery capacity to meet the demands of a severe winter. There are almost 4 million natural gas heating customers in New York.

  • Lilly's Amyvid receives European endorsement Friday, 19 Oct 2012 | 10:47 AM ET

    INDIANAPOLIS-- A European committee has endorsed the use of Eli Lilly and Co.' s imaging agent Amyvid for helping to diagnose Alzheimer's disease. The Food and Drug Administration approved Amyvid for sale in the United States last spring.

  • 3rd person guilty in $39M Fla. mortgage fraud Friday, 19 Oct 2012 | 10:45 AM ET

    FORT LAUDERDALE, Fla.-- A third person has pleaded guilty in South Florida federal court to taking part in a $39 million mortgage fraud scheme. Juan Carlos Sanchez of New York, N.Y. pleaded guilty Thursday to mail and wire fraud conspiracy charges. Trial for the other defendants is scheduled for January 14 in Fort Lauderdale federal court.

  • *Idexx Labs 3Q profit climbs 11 pct, outlook rises Friday, 19 Oct 2012 | 10:45 AM ET
  • Report: More riders linked to Armstrong's doctor Friday, 19 Oct 2012 | 10:45 AM ET

    ROME-- At least 15 more cyclists have been linked to Lance Armstrong's banned Italian sport doctor in an intricate scheme of money laundering, tax evasion and widespread doping.

  • NY jobless rate dipped to 8.9 percent in September Friday, 19 Oct 2012 | 10:45 AM ET

    ALBANY, N.Y.-- State labor officials say New York gained about 2,900 private sector jobs in September and the unemployment rate stood at 8.9 percent, down 0.2 percent from a month earlier. They said Thursday the job count in the state stood at 7,337,000, the most ever.

  • English soccer promotes anti-racism T-shirts Friday, 19 Oct 2012 | 10:44 AM ET

    LONDON-- Damaged by a yearlong racism case involving John Terry, English soccer will ask Premier League players to don anti-racism T-shirts during the warm-up for matches this weekend.

  • Delta, U.S. Airways to offer flights to Key West Friday, 19 Oct 2012 | 10:44 AM ET

    KEY WEST, Fla.-- Delta Air Lines Inc. and U.S. Airways are planning to begin nonstop seasonal service between Key West and both New York City and Washington D.C. in time for the Christmas travel season. U.S. Airways is a unit of US Airways Group Inc..

  • Earnings Preview: Reynolds American to post 3Q Friday, 19 Oct 2012 | 10:44 AM ET

    RICHMOND, Va.-- Reynolds American Inc., the second-biggest U.S. cigarette company, should give investors some insight into its premium Camel brand and its value-priced Pall Mall brand when it releases its third-quarter results before the stock markets open Tuesday.

  • Grant to help repair homes in southwest Colorado Friday, 19 Oct 2012 | 10:37 AM ET

    Mark Udall says a $50,000 federal grant will help repair and rehabilitate 50 homes of lower-income, rural families in five southwest Colorado counties. The Colorado Democrat said Thursday that the U.S. Department of Agriculture has awarded the grant to the Colorado Four Corners Office for Resource Efficiency, known as 4 CORE.

  • Copano Energy prices offering of 6M units Friday, 19 Oct 2012 | 10:35 AM ET

    HOUSTON-- Copano Energy priced a public offering of 6 million common units at $32.13 apiece. Copano Energy LLC said Friday that it is giving the underwriters a 30- day option to buy up to an additional 900,000 units. Shares of Houston- based Copano Energy LLC dropped $1.28, or 3.8 percent, to $32.08 in morning trading.

  • Poll: Quinn leads, more Dems unsure in NYC race Friday, 19 Oct 2012 | 10:34 AM ET

    NEW YORK-- A growing number of New York City Democrats aren't sure whom to back in next year's mayoral race, but City Council Speaker Christine Quinn still comes out ahead of several likely primary rivals, a new poll showed Thursday.

  • Tenn. September unemployment drops to 8.3 percent Friday, 19 Oct 2012 | 10:33 AM ET

    NASHVILLE, Tenn.-- Tennessee's unemployment rate decreased slightly in September. Labor and Workforce Development Commissioner Karla Davis said in a news release Thursday that September's rate was 8.3 percent, down from 8.5 percent in August.

  • Kan. unemployment drops to 5.9 percent in Sept. Friday, 19 Oct 2012 | 10:32 AM ET

    TOPEKA, Kan.-- A new report says the Kansas jobless rate dropped below 6 percent in September for the first time in almost four years. Kansas last had a jobless rate below 6 percent in December 2008. The department also said Kansas continues to see modest growth in private, non-farm employment.

  • Survey: NYCers more optimistic about city future Friday, 19 Oct 2012 | 10:31 AM ET

    The survey was conducted by the Marist Institute for Public Opinion on behalf of the Municipal Art Society of New York. When asked which of New York City's five boroughs was the best place to start a new business, 44 percent of those polled picked Manhattan, while 62 percent thought it was the most artistic or creative borough.

  • La. casinos win $199.7 in September Friday, 19 Oct 2012 | 10:29 AM ET

    NEW ORLEANS-- Gamblers lost nearly $199.7 million at Louisiana's state licensed casinos in September, up from $188 million for August and $196.6 million for September of last year.

  • Charges of cronyism in Hungary farmland contracts Friday, 19 Oct 2012 | 10:28 AM ET

    KAJASZO, Hungary-- Gergely Bocsodi's family has been farming in this central Hungarian village for six generations but he fears there may not be a seventh, as the region is caught up in a once-in-20-years land grab.

  • Suits seek to block mountaintop mines in 2 states Friday, 19 Oct 2012 | 10:28 AM ET

    LOUISVILLE, Ky.-- The Sierra Club along with environmental groups in Kentucky and West Virginia are attempting to block permitting at two mountaintop surface mines, alleging in federal lawsuits that the U.S. Army Corps of Engineers did not consider potential health impacts on residents.

  • Fla. gov troubled by firings at property insurer Friday, 19 Oct 2012 | 10:25 AM ET

    TALLAHASSEE, Fla.-- A move by Florida's largest property insurer to dismiss employees responsible for investigating wrongdoing drew criticism Thursday from Gov.

  • Wyoming goes through 3rd driest water year Friday, 19 Oct 2012 | 10:24 AM ET

    CHEYENNE, Wyo.-- Wyoming just completed its third driest year in 118 years and saw its driest March through September period ever, the National Weather Service said Thursday. Wyoming averaged 8.77 inches of snow and rain in the most recent measurement year, which ran from October 2010 to September.