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  • New arts commission criticized for not using funds Thursday, 11 Oct 2012 | 8:45 AM ET

    TOPEKA, Kan.-- Some state lawmakers are criticizing the new Kansas Creative Arts Industries Commission for not disbursing funds to local arts groups. Lawmakers authorized $700,000 for the commission, to replace arts funding that had been vetoed earlier by Gov.

  • Challenge to use of mortgage settlement rejected Thursday, 11 Oct 2012 | 8:45 AM ET

    PHOENIX-- A lawyer for housing advocates say they'll probably appeal a judge's rejection of a challenge to Arizona's use $50 million from a multistate foreclosure settlement to help balance the state budget.

  • Kansas home sales, values forecast higher in 2013 Thursday, 11 Oct 2012 | 8:37 AM ET

    WICHITA, Kan.-- Kansas home sales rebounded this year and are forecast to rise another 6.3 percent in 2013 as the economy improves and pent-up demand brings buyers back into the housing market, economic researchers at Wichita State University said Thursday.

  • US trade deficit rose to $44.2 billion in August Thursday, 11 Oct 2012 | 8:35 AM ET

    WASHINGTON-- The U.S. trade deficit widened in August from July because exports fell to the lowest level in six months. The deficit grew 4.1 percent to $44.2 billion in August, the biggest gap since May, the Commerce Department said Thursday. Exports dropped 1 percent to $181.3 billion.

  • Fewest Americans since Feb. 2008 seek jobless aid Thursday, 11 Oct 2012 | 8:35 AM ET

    WASHINGTON-- The number of Americans seeking unemployment aid plummeted to 339,000 last week, the lowest level in more than four years. The Labor Department says weekly applications fell by 30,000 to the lowest level since February 2008.

  • Alaska Airlines inks deal for 50 new Boeing 737s Thursday, 11 Oct 2012 | 8:26 AM ET

    NEW YORK-- Alaska Airlines is buying 50 of Boeing Co.' s new 737 s in a deal worth $5 billion at sticker prices. Alaska, operated by Seattle's Alaska Air Group Inc., won't pay full price. The order includes 37 of Boeing's redesigned 737, which it calls the Max.

  • US futures rebound for the first time this week Thursday, 11 Oct 2012 | 8:23 AM ET

    NEW YORK-- Stock futures rebounded strongly Thursday on better-than-expected employment numbers that will likely provide some optimism to millions of U.S. job seekers. The number of Americans seeking unemployment aid plummeted last week to seasonally adjusted 339,000, the Labor Department said.

  • Europe's outlook darkens as German growth fades Thursday, 11 Oct 2012 | 8:18 AM ET

    BERLIN-- Europe's economic outlook darkened further Thursday when top economists slashed their growth forecasts for Germany and warned that public support for more financial aid to struggling countries was evaporating.

  • Review: 'Dishonored' serves revenge up stealthily Thursday, 11 Oct 2012 | 8:12 AM ET

    Midway through "Dishonored" I killed someone. I didn't intend to; he spotted me as I was trying to sneak past, and I had to shut him up. "Dishonored" is set in Dunwall, a city with a passing resemblance to London during the Industrial Revolution.

  • Ahead of the Bell: Kellogg Thursday, 11 Oct 2012 | 8:01 AM ET

    NEW YORK-- Kellogg's voluntary recall of certain packages of its Mini-Wheats Bite Size cereal may hurt its sales a bit, an analyst said Thursday. On Wednesday, Kellogg Co. announced that it was making the recall because of the possible presence of a flexible metal mesh from a faulty manufacturing part.

  • Japan vows aid for Myanmar, urges debt resolution Thursday, 11 Oct 2012 | 8:00 AM ET

    Japan's finance minister Koriki Jojima told finance chiefs and central bank governors of the Group of Seven industrialized nations on Thursday that Japan will extend new Japanese yen loans and as earlier agreed with Myanmar will move ahead next year with clearing its sizable outstanding debt to Tokyo.

  • Wendy's pigtails get first touch-up since 1983 Thursday, 11 Oct 2012 | 8:00 AM ET

    NEW YORK-- Wendy's pigtails are getting a tweak. It's only the fifth logo update since founder Dave Thomas opened the first Wendy's in 1969, and perhaps the most significant. Wendy's push has intensified since Brolick came on as CEO about a year ago.

  • Spanish bailout dilemma sharpens Thursday, 11 Oct 2012 | 7:45 AM ET

    Though S&P's warning may nudge the Spanish government to make a bailout request sooner rather than later, rival agency Moody's has indicated it may cut its rating for Spain in the event of a bailout request. "It would appear that when it comes to the rating Spain is a bit between a rock and a hard place," said Gary Jenkins, managing director of Swordfish Research.

  • Move buys Relocation.com for $11.5 million Thursday, 11 Oct 2012 | 7:20 AM ET

    CAMPBELL, Calif.-- Online real estate company Move Inc. has purchased Relocation.com for $11.5 million in cash in order to strengthen its offerings and moving services. Move Inc. shares closed at $8.37 per share on Wednesday. Its shares are down 17 percent from their 52- week high of $10.06 set on March 26.

  • Man with assault rifle robs Houston-area Tiffany's Thursday, 11 Oct 2012 | 7:12 AM ET

    THE WOODLANDS, Texas-- Investigators say a man with an assault rifle has robbed a Houston- area Tiffany& Co. store and fled with some expensive jewelry. The Montgomery County Sheriff's Office on Thursday worked to identify the suspect, whose image has been captured on store surveillance video.

  • Shutterstock raises $76.5 million in its IPO Thursday, 11 Oct 2012 | 6:55 AM ET

    NEW YORK-- Shutterstock, a provider of stock photos and other images, has raised $76.5 million in its initial public offering. The company said Thursday that it priced its IPO of 4.5 million shares at $17 per share. Shutterstock Inc. is giving the underwriters a 30- day option to buy up to an additional 675,000 shares to cover any excess demand.

  • Sheen at Deepwater Horizon disaster site is BP oil Thursday, 11 Oct 2012 | 6:45 AM ET

    NEW ORLEANS-- The Coast Guard says an oil sheen near the site of the massive BP spill in the Gulf of Mexico matches oil from the 2010 disaster. The Coast Guard says its tests established the oil came from the BP well.

  • Markets brush off Spain downgrade on bailout hopes Thursday, 11 Oct 2012 | 6:19 AM ET

    LONDON-- Financial markets steadied Thursday ahead of another round of U.S. corporate earnings and despite a downgrade of Spain's sovereign credit rating. Standard& Poor's downgraded Spain's government debt late Wednesday from BBB+ to BBB-, the lowest investment grade level.

  • Portugal gets draft budget after marathon meeting Thursday, 11 Oct 2012 | 6:00 AM ET

    LISBON, Portugal-- Efforts to restore Portugal's financial health have kept the government up all night, with the Cabinet concluding a 20 hour meeting to draft a budget for next year. The meeting ended around 5 a.m. Thursday after starting at 8 a.m. the previous day. Portugal is in recession and struggling to reduce its debt load despite a 78 billion bailout last year.

  • SAfrica: Police fire at striking mineworkers Thursday, 11 Oct 2012 | 5:57 AM ET

    JOHANNESBURG-- Striking miners killed one man by setting him on fire Thursday while another was shot and seriously wounded in rekindled labor unrest in South Africa that saw police firing tear gas and rubber bullets. The violence near an Anglo American Platinum mine has escalated since the company dismissed 12,000 striking miners on Friday.