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  • Release of 'winter-blend' gas could reduce prices Monday, 8 Oct 2012 | 2:43 PM ET

    Jerry Brown ordered them to allow so-called "winter-blend" gasoline to be sold in California earlier than usual to increase supply. AAA said the average price for a gallon of regular gasoline in California hit $4.668 Monday _ the highest price in the nation and an all-time high for the Golden State. California usually converts to the gas on Oct. 31.

  • 'Girls' star Lena Dunham gets 7-figure book deal Monday, 8 Oct 2012 | 2:42 PM ET

    NEW YORK-- "Girls" creator Lena Dunham has a seven-figure book deal with Random House. "In the tradition of Helen Gurley Brown, David Sedaris and Nora Ephron, Dunham's book will offer frank and funny advice on everything from sex to eating to traveling to work," Random House said in an announcement Monday. Random House is owned by Bertelsmann AG.

  • California gas price surge really adds up Monday, 8 Oct 2012 | 2:36 PM ET

    Someone in California who drives 300 miles per week and gets 20 miles per gallon spends nearly $18 more than a South Carolina motorist. The pocketbook punch is far greater when comparing the most expensive station in California with the cheapest in South Carolina.

  • Qatar Airways joins airlines alliance Monday, 8 Oct 2012 | 2:36 PM ET

    NEW YORK-- Qatar Airways is joining an alliance of airlines including American Airlines, British Airways and nine other carriers that coordinate routes and allow passengers to earn frequent flier miles on each other's flights.

  • Iowa: Linn County leaders support casino Monday, 8 Oct 2012 | 2:33 PM ET

    CEDAR RAPIDS, Iowa-- Linn County supervisors are on board with a plan that could bring a casino to Cedar Rapids, Iowa _ as long as backers meet several conditions.

  • Pepco, union agree to terms; strike likely averted Monday, 8 Oct 2012 | 2:33 PM ET

    WASHINGTON-- Pepco and its union say they have reached a tentative contract agreement that will likely avert a strike. The utility that covers the nation's capital says the preliminary agreement is subject to a vote by the International Brotherhood of Electrical Workers Local 1900.

  • Spectrum Pharm says Folotyn patent extended Monday, 8 Oct 2012 | 2:32 PM ET

    HENDERSON, Nev.-- Spectrum Pharmaceuticals Inc. said Monday that the U.S. government extended the patent on its lymphoma drug Folotyn by five years. It said sales of Folotyn totaled about $50 million in 2011.. Shares of Spectrum rose 26 cents, or 2.2 percent, to $12.24 in afternoon trading.

  • News Summary: Soda machines to post calories Monday, 8 Oct 2012 | 2:31 PM ET

    SUGAR SHOCK: Coco-Cola Co., PepsiCo Inc. and Dr Pepper Snapple Group Inc. say they'll start posting calorie counts on vending machines starting next year. A LITTLE CONTEXT: The move comes ahead of a regulation that could require restaurant chains and vending machines to post calorie information.

  • Miss. AG opposes payday ending bill Monday, 8 Oct 2012 | 2:31 PM ET

    JACKSON, Miss.-- Mississippi Attorney General Jim Hood has joined at least 40 other states' legal officers in opposing legislation in Congress that could pre-empt states' authority in governing payday lending businesses.

  • Tulsa commission takes no action against jazz hall Monday, 8 Oct 2012 | 2:25 PM ET

    TULSA, Okla.-- Tulsa County commissioners took no action Monday against the Oklahoma Jazz Hall of Fame after the nonprofit announced it had raised enough money to pay off its long-overdue bills.

  • Stocks lower on weak outlook for 3Q, Asian economy Monday, 8 Oct 2012 | 2:23 PM ET

    Investors looked warily at forecasts for poor U.S. corporate earnings and weaker growth in Asia and decided there wasn't much reason to buy stocks. Companies in the S&P 500 index are expected to post an overall decline in profits for the first time in 11 quarters, according to FactSet.

  • Analyst expects strong demand for Cerus systems Monday, 8 Oct 2012 | 2:19 PM ET

    NEW YORK-- A Cowen and Co. analyst said Monday that Cerus Corp., which makes devices that are used to clean donated blood, should report strong revenue growth as sales of its Intercept system increase.

  • Supermarkets to be hurt by Wal-Mart's small stores Monday, 8 Oct 2012 | 2:17 PM ET

    NEW YORK-- Supermarket chains like Safeway and Roundy's could have even more reason to fear Wal-Mart. As of the end of July, Wal-Mart had 10 "Express" stores and had ramped up its "Neighborhood Market" concept to 217 locations, said Citi Investment Research analyst Deborah Weinswig.

  • News Summary: Etihad and Air France strike deal Monday, 8 Oct 2012 | 2:12 PM ET

    JET-SETTING: Rapidly expanding Gulf carrier Etihad Airways will jointly market some of its flights with Air France-KLM in what could be the beginning of a larger strategic alliance. The Air France-KLM deal could prove significant in that it shows a willingness by the company to work with a Gulf rival.

  • Maine's 6 Senate hopefuls all hail from elsewhere Monday, 8 Oct 2012 | 2:12 PM ET

    PORTLAND, Maine-- Maine has always been proud of the commodities it claims as homegrown, among them Stephen King, L.L. Bean, lobster, and a host of political icons including Edmund Muskie, George Mitchell and Olympia Snowe. Independent Angus King hails from Alexandria, Va., attended Dartmouth College and moved to Maine, where he has settled in Brunswick.

  • *Ryan says in Ohio pipeline key to creating jobs Monday, 8 Oct 2012 | 2:09 PM ET
  • Sector Snap: Gun companies Monday, 8 Oct 2012 | 2:01 PM ET

    NEW YORK-- Benchmark Research believes the sell-off last week of shares in firearms manufacturers was overdone, and reiterated a buy recommendation on the stocks of the biggest producers.

  • With Wal-Mart overhang, other prepaid cards worry Monday, 8 Oct 2012 | 1:55 PM ET

    NetSpend and Green Dot, which sells many of its cards at Walmart stores, tumbled Monday after Wal-Mart Stores Inc. announced it would offer its own prepaid card with credit card issuer American Express Co. With its shares falling, Green Dot replied with a statement saying it supported Wal-Mart's efforts to offer more financial products to more customers.

  • NC settles Medicaid fraud case against Abbott Monday, 8 Oct 2012 | 1:54 PM ET

    RALEIGH, N.C.-- North Carolina will reap almost $16 million from a national Medicaid fraud settlement involving Abbott Laboratories.

  • News Summary: World Bank cuts Asia growth outlook Monday, 8 Oct 2012 | 1:53 PM ET

    OUTLOOK DIMS: The World Bank cut its growth forecast for Asia on Monday in a new sign of the impact of weakening global demand and warned China's cooling economy faces the risk of a "more pronounced slowdown." THE NUMBERS: The bank cut this year's growth outlook for developing Asia-Pacific economies to 7.2 percent, down from its May forecast of 7.6 percent.