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  • Albania sells state oil company to Vetro Energy Wednesday, 3 Oct 2012 | 10:38 AM ET

    TIRANA, Albania-- Albania has sold its state-owned Albpetrol oil company for 850 million to the U.S.- and Singapore- based Vetro Energy consortium. Prime Minister Sali Berisha says the deal will also allow Vetro Energy to explore and exploit offshore oil and gas fields, build a refinery, and transport and distribute natural gas in Albania for 25 years.

  • Markets subdued amid mixed US jobs signals Wednesday, 3 Oct 2012 | 10:32 AM ET

    LONDON-- Markets remained subdued Wednesday despite some moderately encouraging U.S. jobs figures as investors awaited a key government report later in the week and more clarity over Spain's request for a bailout.

  • Johns Hopkins get $6M to improve wind farm design Wednesday, 3 Oct 2012 | 10:31 AM ET

    BALTIMORE-- Johns Hopkins University says it will lead an international team of researchers studying how to improve wind farm design. The university said Tuesday that the National Science Foundation has awarded $6 million in grants to help fund the work.

  • Striking Detroit water workers face firing Wednesday, 3 Oct 2012 | 10:30 AM ET

    DETROIT-- Thirty-four Detroit Water and Sewerage workers who went on strike over pay cuts and the city's plan to downsize the department over several years have been suspended without pay and face firing.

  • NY picks Oxford plan as exchange benchmark Wednesday, 3 Oct 2012 | 10:28 AM ET

    ALBANY, N.Y.-- New York's Health Department has selected a health care plan offered by Oxford as the benchmark for the state's health insurance exchange, which is intended to help extend coverage to the uninsured and reduce costs for individuals, small businesses and local governments. The New York Health Benefit Exchange Gov.

  • New England unemployment rate up again Wednesday, 3 Oct 2012 | 10:27 AM ET

    PROVIDENCE, R.I.-- The unemployment rate in New England climbed in August, but it is still below the national average. The New England office of the U.S. Bureau of Labor Statistics said Wednesday the jobless rate in the six-state region was 7.3 percent last month, up from 7.1 percent in July. A year ago, the rate in New England was 7.8 percent.

  • JetBlue: Free flights for disgruntled voters Wednesday, 3 Oct 2012 | 10:27 AM ET

    NEW YORK-- In a marketing gimmick that piggybacks on next month's presidential election, JetBlue is offering a way for Americans to make good on threats to leave the country if "the other guy" wins.

  • Wind company ending ND jobs, creating Brazil jobs Wednesday, 3 Oct 2012 | 10:26 AM ET

    LM Wind Power said Tuesday in a statement that the Brazil plant will deliver blades to wind farms in Brazil and throughout South America.

  • Stocks edge higher following private hiring report Wednesday, 3 Oct 2012 | 10:25 AM ET

    "The price action today seems boring, but the economic data is pretty strong," said Ryan Detrick, senior technical strategist at Schaeffer's Investment Research. The Institute for Supply Management said its index of service companies, which includes everything from financial firms to clothing stores, rose in September to the highest level since March.

  • *Key Walgreen revenue figure falls 11.1 pct in Sept Wednesday, 3 Oct 2012 | 10:23 AM ET
  • Plan would give EU more say over country budgets Wednesday, 3 Oct 2012 | 10:22 AM ET

    BRUSSELS-- The 17 countries that use the euro would have to enter into contracts with the European Union that would bind them to implement specific economic policies and reforms, under proposals that would amount to a significant increase in power for the central EU government.

  • RPM fiscal 1Q profit tumbles on charges Wednesday, 3 Oct 2012 | 10:20 AM ET

    MEDINA, Ohio-- RPM International Inc. said Wednesday its fiscal first-quarter net income fell by more than half, hurt by hefty charges mostly related to a drop in value of assets in India.

  • US service firms grow at fastest pace in 6 months Wednesday, 3 Oct 2012 | 10:14 AM ET

    WASHINGTON-- U.S. service companies grew in September at the fastest pace in six months, helped by a sharp increase in customer demand. The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its index of non-manufacturing activity rose to 55.1, up from 53.7 in August.

  • T-Mobile USA set to merge with MetroPCS Wednesday, 3 Oct 2012 | 10:10 AM ET

    BERLIN-- Struggling cellphone companies T-Mobile USA and MetroPCS Communications are set to merge, in a deal that will create an operator with more than 40 million subscribers.

  • Venezuela to play Nigeria in Miami soccer friendly Wednesday, 3 Oct 2012 | 10:10 AM ET

    MIAMI-- Soccer will come to the Miami Marlins' new ballpark for the first time Nov. 14 when Venezuela plays Nigeria in an international friendly. The game, announced Tuesday by Marlins officials, is one of many non-baseball events planned at the ballpark, which opened this year.

  • Wis. anchor: Viewer criticizing weight a 'bully' Wednesday, 3 Oct 2012 | 10:06 AM ET

    MILWAUKEE-- Jennifer Livingston has always rebuffed personal attacks, so when the Wisconsin television anchorwoman got an email from a viewer criticizing her weight, she thought nothing of it. Livingston took the airways Tuesday to respond to the email during a 4- minute segment on WKBT-TV in La Crosse, calling the writer a bully.

  • *Eatery made famous by R.E.M. album hits hard times Wednesday, 3 Oct 2012 | 10:05 AM ET
  • *ABBA museum to open in Sweden Wednesday, 3 Oct 2012 | 10:04 AM ET
  • Albarn, Gilliam back plan to make opera accessible Wednesday, 3 Oct 2012 | 10:03 AM ET

    LONDON-- A Python and the founder of Gorillaz are trying to help opera shed its stuffy image. Monty Python's Terry Gilliam and Blur and Gorillaz singer Damon Albarn are supporting a plan by the English National Opera to entice new and younger audience members with the promise of casual clothes, cheap tickets and cocktails.

  • *Malawi: President Joyce Banda cuts own salary Wednesday, 3 Oct 2012 | 10:02 AM ET

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