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  • AEG to allow booking of adjacent seats for friends Friday, 12 Oct 2012 | 9:29 AM ET

    LOS ANGELES-- AEG, the sports and entertainment giant that is up for sale, is making it easier to book concert and sports tickets for friends without having to pay for them all at once. The owner of Staples Center and the National Hockey League's Los Angeles Kings is rolling out the feature, called AXS Invite, at some of its owned and operated venues starting this month.

  • Bourdain gets roasted by Rachael Ray, Guy Fieri Friday, 12 Oct 2012 | 9:27 AM ET

    NEW YORK-- It's comeuppance time for Anthony Bourdain. And by his tally, he deserves his lickings. "I figured I would actually have the easiest time of anyone," said Food Network star _ and longtime victim of Bourdain's verbal lashings _ Rachael Ray. "

  • Penn Virginia expects $38M in offering's proceeds Friday, 12 Oct 2012 | 9:15 AM ET

    RADNOR, Pa.-- Oil and gas company Penn Virginia Corp. expects about $38 million in net proceeds from a public offering of $40 million of its common stock. Penn Virginia said that it also expects to net approximately $96 million from its preferred equity offering, after removing underwriting commissions and expenses.

  • Glance comparing EU to United States Friday, 12 Oct 2012 | 9:15 AM ET

    BRUSSELS-- Here's how the European Union, which was given the Nobel Peace Prize on Friday, and the United States compare:. EU: 4.3 million sq. kilometers. U.S.: 9.8 million sq. kilometers.

  • AEG to facilitate booking adjacent seats Friday, 12 Oct 2012 | 9:04 AM ET

    LOS ANGELES-- AEG, the sports and entertainment giant that is up for sale, is making it easier to book concert and sports tickets for friends without having to pay for them all at once.

  • Feds investigate brake problem in Honda Pilot SUVs Friday, 12 Oct 2012 | 8:57 AM ET

    Investigators will determine if the problem is bad enough for Honda to recall the SUVs. The brakes can come on without drivers stepping on the pedal, the National Highway Traffic Safety Administration says in documents posted on its website Friday. Honda says it's cooperating with the investigation and starting its own probe.

  • Greece, creditors inch toward austerity agreement Friday, 12 Oct 2012 | 8:57 AM ET

    ATHENS, Greece-- Greece is inching towards an agreement with its international debt inspectors as they struggle to hammer out the details of 13.5 billion in austerity measures for the next two years, a package essential for Greece to receive the next installment of its vital bailout funds.

  • US futures edge higher as US banks report earnings Friday, 12 Oct 2012 | 8:51 AM ET

    Futures appear to be suggesting a weekly decline, however, as economic headwinds in both Europe and Asia weigh on U.S. indexes. The nation's largest bank, JPMorgan Chase, posted record quarterly profit Friday and blew away Wall Street expectations. This week saw mixed results from U.S. corporations like Alcoa, Safeway and Yum Brands.

  • KMG Chemicals 4Q net income more than triples Friday, 12 Oct 2012 | 8:48 AM ET

    HOUSTON-- KMG Chemicals' fiscal fourth-quarter net income more than tripled, as it lowered expenses and saw sales strengthen in its electronic chemical division. The Houston company earned $3.9 million, or 33 cents per share, for the three months ended in July 31. That's up sharply from $1.2 million, or 10 cents per share, in the year-earlier period.

  • Dispute about Olympic golf course site drags on Friday, 12 Oct 2012 | 8:48 AM ET

    SAO PAULO-- Construction of the Olympic golf course in Rio de Janeiro has yet to start as planned, and a ruling by a local court could lengthen the delay even further. Brazil's Higher Court of Justice ruled last week that a Rio tribunal was wrong in denying an appeal by the company, Elmway Participacoes, meaning the case will likely drag on for several more months.

  • 3 developers vie for Springfield, Mass., casino Friday, 12 Oct 2012 | 8:42 AM ET

    BOSTON-- Three companies seeking to develop a resort casino in Springfield submitted applications Thursday to the western Massachusetts city, and a fourth that had previously expressed interest declined to enter the competition.

  • Despite debt crisis, EU wins Nobel Peace Prize Friday, 12 Oct 2012 | 8:39 AM ET

    OSLO, Norway-- For fostering peace on a continent ravaged by war, the European Union won the Nobel Peace Prize on Friday.

  • US wholesale prices jump 1.1 percent in September Friday, 12 Oct 2012 | 8:36 AM ET

    WASHINGTON-- A second month of sharp gains in gasoline costs drove wholesale prices higher in September. Wholesale prices rose 1.1 percent in September following a 1.7 percent gain in August which had been the largest one-month increase in more than three years, the Labor Department said Friday.

  • Maine town awaits names in prostitution case Friday, 12 Oct 2012 | 8:34 AM ET

    KENNEBUNK, Maine-- Townspeople were waiting with curiosity for the names of people who have been issued summons for allegedly giving business to a local fitness instructor charged with running a prostitution operation out of her Zumba fitness studio and a small office in this southern Maine town.

  • Feds investigate steering in Hyundai Santa Fe Friday, 12 Oct 2012 | 8:33 AM ET

    The National Highway Traffic Safety Administration says a fastener can come loose, causing the steering shaft to come part and drivers to lose control of the vehicle. It will determine if the problem is bad enough for Hyundai to recall the SUVs. Hyundai also got a complaint that a loose bolt caused a similar problem.

  • Man headed to prison in NYC Torah fraud case Friday, 12 Oct 2012 | 8:33 AM ET

    NEW YORK-- A Jewish charity co-founder who billed himself as a "Jewish Indiana Jones" bent on rescuing vintage Torahs across the globe was sentenced to more than four years in prison on Thursday for conning donors out of about $1 million. Menachem Youlus told a judge in federal court in Manhattan that he was ashamed of his scam, but still hoped for leniency.

  • VP debate tees up closing issues for Romney, Obama Friday, 12 Oct 2012 | 8:33 AM ET

    DANVILLE, Ky.-- In a spirited debate that laid out stark choices, Joe Biden and Paul Ryan teed up pointed arguments on the economy, social policy and America's place in the world that President Barack Obama and GOP rival Mitt Romney now will drive forward into the campaign's final stretch.

  • Wells Fargo earnings rise in 3Q as loan book grows Friday, 12 Oct 2012 | 8:32 AM ET

    Wells Fargo posted record earnings in the third quarter as the bank increased mortgage lending and pocketed more fees. "Real estate is getting better," Wells Fargo chairman, CEO John Stumpf said on a call with analysts. " Wells' net income in the quarter ended Sept. 30 rose 23 percent, to $4.72 billion from $3.84 billion in the same period last year.

  • AZ Senate hopefuls wage air war for women, Latinos Friday, 12 Oct 2012 | 8:32 AM ET

    WASHINGTON-- An old feud and the race for women voters took center stage in a tight Arizona Senate race Thursday, with Republican Rep. Jeff Flake citing the grudge in a new ad alleging that Democrat Richard Carmona lacks the temperament for the job. Richard Carmona should never, ever be in the U.S. Senate. "

  • Brazil anti-AIDS effort uses indigenous language Friday, 12 Oct 2012 | 8:31 AM ET

    SAO PAULO-- Brazil is using an indigenous language for the first in a campaign aimed at curbing violence against women and the spread of HIV. The campaign is a joint effort between Brazil and three United Nations agencies including the Joint United Nations Program on HIV and AIDS. Adele Benzaken of the UNAIDS office in Brazil.