MELBOURNE, May 26- Fortescue Metals Group said on Tuesday it was not aware of any parties seeking permission from Australia's regulators to take a stake in the company, after its shares jumped 15 percent on a media report that Chinese firms had applied to buy a stake. The Australian Financial Review reported that Chinese-linked companies had sought permission...» Read More
PHOENIX-- Electronic parts and computer products distributor Avnet said Wednesday that its fiscal first-quarter adjusted earnings are expected to come in well below its previous forecast and revenue near the lower end of its guidance.
WICHITA, Kan.-- Kansas Agricultural Statistics Service says growers have seeded 65 percent of the 2013 winter wheat crop in the state. Meanwhile, the fall harvest continues to make progress in Kansas. Most of the corn still left to cut is in western Kansas.
TOPEKA, Kan.-- Westar Energy Inc. says new wind farms in central and southwest Kansas are now producing power for its customers. The 201- megawatt Post Rock Wind Farm in Ellsworth and Lincoln counties began production Sept. 28. The Ironwood Wind Power Project farm in Ford and Hodgeman counties can produce up to 168 megawatts of electricity for Westar.
NEW YORK-- Led Zeppelin will not be reuniting any time soon. Just the mere mention of the topic set lead singer Robert Plant off at their news conference for the bands upcoming concert film, "Celebration Day."
DES MOINES, Iowa-- Iowa farmers are close to wrapping up this year's harvest as they work to get drought-damage crops out of the fields as cooler weather arrives. The U.S. Department of Agriculture says 76 percent of the corn has been harvested, which is a month ahead of normal. Eighty percent of the soybeans are in from the fields, which is two weeks ahead of normal.
Another $18 million has been provided for other types of individual assistance, according to FEMA. FEMA spokesman Ray Perez provided the latest figures Tuesday. More than 194,000 people have registered for FEMA help.
NEW ORLEANS-- The School of Nursing at Loyola University of New Orleans has received a two-year, $700,000 federal grant from the Health Research and Services Administration. The university said Tuesday that the money is to support doctoral students pursuing the credential of "Advanced Practice Registered Nurse" in primary care.
DETROIT-- Members of the Detroit City Council are expected to receive an update on efforts to balance the city's budget and fix its fiscal troubles. The council's Budget, Finance and Audit Standing Committee has scheduled a discussion Wednesday afternoon at City Hall on the monthly report of the Financial Stability Agreement with the state.
CARACAS, Venezuela-- A veteran of Venezuela's long-suffering political opposition compared Sunday's presidential election to a soccer game played on a hill. Opposition candidate Henrique Capriles defended a parking lot-sized goal on the downhill half while President Hugo Chavez's team manned a pixie goal on the uphill side, said Ramon Guillermo Aveledo.
COLUMBIA, S.C.-- A group that promotes the use of alternative fuels is taking part in an event at the University of South Carolina. National Alternative Fuel Vehicle Day Odyssey was created by a program of West Virginia University in 2002 and has been held every two years since.
UnitedHealth's plan to buy a majority stake in a Brazilian health benefits and care provider makes sense for the U.S. health insurer, says a Goldman Sachs analyst, but the deal doesn't resolve uncertainty about the health care overhaul that is keeping investors away from the stock.
PROVIDENCE, R.I.-- The Rhode Island Lottery contributed more than $377 million to the state in the fiscal year that ended June 30. The amount is $22.8 million more than the previous year. The lottery's operating expenses for the last fiscal year were $6.2 million.
The Foundation for Democracy in Africa has collaborated with Miami International Airport for Wednesday's event in Miami Beach. The program includes an analysis of who is traveling to Africa, the role of African governments in tourism promotion as well as highlight travel agents and tour operators.
ALBANY, N.Y.-- New York's 16 medical schools say they have enrolled 2,230 new students this fall, including the second class at Hofstra North Shore's program with 60 students culled from more than 5,000 applicants. Associated Medical Schools of New York, representing all 16 schools, says graduation rates in many of the four-year programs stand at 98 or 99 percent.
CHARLESTON, W.Va.-- The average price at the pump took a big jump in West Virginia this week to $3.90 a gallon. It makes the price of gas in West Virginia almost a dime higher than the national average. While lagging California's $4.67 a gallon average, some pumps in West Virginia are inching up to the $4- a-gallon mark.
CHARLESTON, W.Va.-- Federal prosecutors say an undisclosed settlement has been reached with an in-home health care provider and its owner who was accused of fraudulently obtaining more than $2 million from Medicaid.
NEW YORK-- Safeway Inc. may give investors a glimpse of how the supermarket chain's new loyalty program for shoppers is impacting sales when it reports its third-quarter results Friday.
GRAPEVINE, Texas-- Spirit Airlines Inc. on Dec. 1 will open a flight attendant and pilot crew base at Dallas-Fort Worth International Airport as it expands operations in Texas. The low cost carrier also plans an open house in Dallas for potential flight attendants.
HONOLULU-- An investigation into why Honolulu International Airport security officers failed to screen some checked bags for explosives says the slip-up might not have happened if Transportation Security Administration supervisors did a better job of overseeing the officers.
NEW YORK-- Shares of Cummins Inc. tumbled ahead of Wednesday's market opening after the engine maker cut its revenue guidance for the year and announced plans to eliminate up to 1,500 jobs. The Columbus, Ind. company said late Tuesday that it now expects its 2012 revenue to total about $17 billion, down from its previous prediction of $18 billion.