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  • NY recognized for being an energy efficient state Thursday, 4 Oct 2012 | 10:35 AM ET

    ALBANY, N.Y.-- New York is being recognized for being an energy-efficient state. The American Council for an Energy-Efficient Economy rated New York No. 3 behind Massachusetts and California in its state-by-state scorecard for energy efficiency released Wednesday.

  • Primerica to buy back shares from Warburg Pincus Thursday, 4 Oct 2012 | 10:35 AM ET

    DULUTH, Ga.-- Life insurance company Primerica agreed to buy back approximately 2.1 million shares of its common stock from private equity firm Warburg Pincus for just over $60 million. Primerica Inc. said Thursday that it agreed to pay $28.74 per share for the stock, which was where it closed on Wednesday.

  • *Key quotes from ECB head Draghi's press briefing Thursday, 4 Oct 2012 | 10:28 AM ET
  • PSU holds line on football season tickets prices Thursday, 4 Oct 2012 | 10:28 AM ET

    STATE COLLEGE, Pa.-- Penn State won't increase football season ticket prices or current donation levels in 2013, and announced tweaks to guidelines including a lower, $200 level of giving for booster-club members.

  • Draghi nudges Spain to take up bond plan Thursday, 4 Oct 2012 | 10:27 AM ET

    FRANKFURT, Germany-- European Central Bank President Mario Draghi nudged Spain and its European partners to take up bank's offer of help with the country's high debt costs, reassuring Madrid that the conditions for getting the assistance "don't need to be punitive."

  • BASF cuts 400 jobs at building chemicals unit Thursday, 4 Oct 2012 | 10:26 AM ET

    BERLIN-- Germany's BASF SE says it plans to cut about 400 jobs at its construction chemicals business as it adjusts to a slump in building in parts of Europe. BASF said Thursday that it aims to offer the affected employees jobs elsewhere in the company "wherever possible."

  • Curt Schilling might have to sell bloody sock Thursday, 4 Oct 2012 | 10:25 AM ET

    PROVIDENCE, R.I.-- Former Boston Red Sox pitcher Curt Schilling might have to sell or give up the famed blood-stained sock he wore on the team's way to the 2004 World Series championship to cover millions of dollars in loans he guaranteed to his failed video game company.

  • India approves new round of economic reforms Thursday, 4 Oct 2012 | 10:25 AM ET

    NEW DELHI-- India's finance minister says the Cabinet has endorsed higher levels of foreign investment in insurance and pension funds as part of a second wave of economic reforms in less than a month. Finance Minister Palaniappan Chidambaram said Thursday the government also approved changes to laws governing competition and company structures.

  • *Reliance Steel closes deal for GH Metal, no terms Thursday, 4 Oct 2012 | 10:23 AM ET
  • NM court rules against residents suing oil company Thursday, 4 Oct 2012 | 10:19 AM ET

    SANTA FE, N.M.-- New Mexico's Court of Appeals has ruled against a group of current and former Hobbs residents who sued an oil company because of illnesses and other damages. The court on Tuesday upheld a Lea County District Court decision not to grant a new trial in the case against Shell Oil Co. and Shell Western Exploration and Production Inc..

  • Adidas explores industry hardship fund for workers Thursday, 4 Oct 2012 | 10:17 AM ET

    BERLIN-- Sportswear maker Adidas AG says it's looking into the possibility of setting up an industry fund to help workers in poor countries who are left with no income when suppliers' factories close. Clothing and sportswear companies have faced criticism from labor union groups and others over conditions at suppliers in developing countries.

  • Markets subdued as US payrolls loom Thursday, 4 Oct 2012 | 10:14 AM ET

    LONDON-- Financial markets remained subdued Thursday as investors were reluctant to stake out positions ahead of key U.S. jobs data. The monthly U.S. nonfarm payrolls report, due Friday, is the week's main event in the markets following Thursday's monthly policy meeting of the European Central Bank.

  • Ross sales figure tops Wall Street expectations Thursday, 4 Oct 2012 | 10:12 AM ET

    PLEASONTON, Calif.-- Ross Stores Inc. on Thursday reported a sales figure that topped Wall Street expectations, and the discount store operator raised its outlook for third-quarter earnings. Earnings per share for the current quarter are now expected to be in the range of 70 cents to 71 cents, up from the previous guidance of 63 cents to 66 cents.

  • Vt. creates panel to review energy siting Thursday, 4 Oct 2012 | 10:11 AM ET

    Peter Shumlin has set up an independent commission to review the siting of electric power generating projects including wind farms in Vermont.

  • WageWorks prices sale of 6M company shares Thursday, 4 Oct 2012 | 10:11 AM ET

    SAN MATEO, Calif.-- WageWorks Inc. said Thursday that it will sell an additional 1 million shares of its stock, and company shareholders will sell 5 million shares. WageWorks provides employee spending account benefits programs which went public in May.

  • Factory orders fall on sharp decline in aircraft Thursday, 4 Oct 2012 | 10:10 AM ET

    WASHINGTON-- Orders to U.S. factories fell in August, mostly because of a sharp drop in volatile aircraft orders. The decline offset an increase in orders that reflect corporate investment plans. The Commerce Department said Thursday that factory orders fell 5.2 percent in August, the biggest drop in more than three years.

  • Dow Jones average creeps up after jobs report Thursday, 4 Oct 2012 | 10:09 AM ET

    NEW YORK-- An encouraging report on the labor market and better sales from Costco and other retail stores helped push the stock market higher Thursday. The Dow Jones industrial average gained 65 points to 13,559 shortly after 11:30 a.m. Bank of America led the 30 stocks in the Dow with a 3 surge, rising 26 cents to $9.37.

  • Water union demands amnesty before ending strike Thursday, 4 Oct 2012 | 10:08 AM ET

    DETROIT-- The union for striking Detroit Water and Sewerage Department workers says it will continue the walkout until the city gives amnesty to 34 workers threatened with firing. The union struck Sunday to protest Detroit's plan to downsize the department and eliminate most of the jobs in the department over several years.

  • 'Jersey Shore' cast looks ahead as ending nears Thursday, 4 Oct 2012 | 10:07 AM ET

    The boozy reality TV series about a group of self-proclaimed "guidos" and "guidettes" cohabiting in a run-down Seaside Heights, N.J., party house is winding down as its sixth _ and MTV promises final _ season gets under way almost three years after it debuted and became a pop-cultural situation spawning catchphrases, punch lines, hairdos and tabloid fodder.

  • Mass. tax take misses benchmark for 3rd month Thursday, 4 Oct 2012 | 10:06 AM ET

    BOSTON-- Tax collections in Massachusetts fell short of benchmarks for a third straight month, the state revenue department reported Wednesday, prompting officials to examine whether revenue projections for the current fiscal year should be thrown out.