SAO PAULO, Nov 27- The reliance of Brazil's Grupo BTG Pactual SA on market funding may pose an immediate challenge for new boss Persio Arida, who sought to calm clients on Friday after its shares fell for a third straight day. The São Paulo-based investment bank tapped Arida, a former president of Brazil's central bank, as acting chief executive officer following...» Read More
DES MOINES, Iowa-- Wading into an explosive social issue, Republican Mitt Romney on Tuesday said he would not pursue any abortion-related legislation if elected president. "There's no legislation with regards to abortion that I'm familiar with that would become part of my agenda," he told the Des Moines Register in an interview posted on the newspaper's website.
LOS ANGELES-- California gas prices finally have begun to fall after a month that saw them surging by nearly 50 cents a gallon _ but a continuing refinery shutdown may keep supplies short. The AAA Daily Fuel Gauge Report says the average price of regular Wednesday is less than $4.67 a gallon, down a half-cent from Tuesday.
CHARLESTON, W.Va.-- The Associated Press decided not to cover the West Virginia gubernatorial debate Tuesday because of restrictions placed on media coverage by its organizers.
LOS ANGELES-- Brian Wilson says he felt blindsided by a news release from his Beach Boys band mate Mike Love that ended the good vibrations on the band's 50th anniversary tour. Wilson answered Mike Love's recent explanation in The Los Angeles Times with a response in the newspaper Tuesday.
LONDON-- A deal to create a European defense and aerospace giant to rival Boeing Co. collapsed Wednesday when Britain's BAE Systems and EADS NV called off their merger discussions. The proposed merger between BAE and Franco-German EADS, the parent of Airbus, would have created a company, with a market value just shy of Boeing's.
SAN JOSE, Calif.-- Cypress Semiconductor Corp. said Wednesday that it completed its initial tender offer for shares of chipmaker Ramtron International Corp.. Cypress agreed to buy Colorado Springs, Colo.- based Ramtron in September for $3.10 per share, or a total of about $109.8 million, after lower bids were rebuffed by the company's board.
RIO DE JANEIRO-- The one-time right-hand-man of popular former Brazilian President Luiz Inacio Lula da Silva was found guilty on a corruption charge by a majority of 10 Supreme Court justices Tuesday, who ruled he orchestrated a widespread cash-for-votes scheme that came to light seven years ago.
NEW YORK-- Stocks are opening lower on Wall Street as the season of corporate earnings reports begins. Alcoa stock is opening slightly lower. Alcoa is down 12 cents at $9.01.
RALEIGH, N.C.-- A farm business is giving North Carolina State University $10 million for its poultry science program. School officials announced the gift from Prestage Farms in Clinton, N.C. on Tuesday. The program will be renamed the Prestage Department of Poultry Science.
NEW ORLEANS-- Jonathan Vilma, Will Smith and the NFL players union left little doubt they remain determined to challenge Commissioner Roger Goodell's authority to suspend players in connection with the league's bounty investigation of the New Orleans Saints.
CARSON CITY, Nev.-- State education officials say Nevada is being awarded a $21 million federal grant over seven years to continue an education program designed to help low-income and disadvantaged students prepare for college. Nevada officials say 4,000 Nevada students have benefited from $30 million in federal GEAR UP grants received over the past 11 years.
AUGUSTA, Maine-- The cost of home heating oil in Maine has inched up two cents in the past week to an average of $3.70 per gallon. Prices are highest in the northern reaches of Maine, where prices are at an average of $3.86 per gallon. The statewide kerosene price average is $4.14 per gallon, up four cents from last week.
KENNEBUNK, Maine-- This upscale southern Maine town is known for its ocean beaches, old sea captains' mansions and the neighboring town of Kennebunkport, home to the Bush family summer compound. "There's still some of that puritanical New England left around," said Will Bradford, who owns a copy shop in town. "
RICHMOND, Va.-- The large-scale development of wind power off the Mid-Atlantic coast would create more than 70,000 jobs from New York to Virginia, an industry-sponsored study concludes. The study was conducted for the Atlantic Wind Connection and released during the American Wind Energy Association's annual conference in Virginia Beach.
Mary Fallin has announced plans for an economic development trip to Europe. Fallin's office said Tuesday that the governor will lead a delegation from the state Department of Commerce and from northeastern Oklahoma on the trip. The trip is planned for Oct. 15-19 and is being organized by the Tulsa Metro Chamber.
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.