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  • Europe gloom prompts Metro profit warning Friday, 5 Oct 2012 | 10:35 AM ET

    BERLIN-- German-based retail group Metro AG has issued a profit warning, blaming the impact on consumer confidence of a recent rise in European unemployment and governments' redoubled efforts to cut budget deficits.

  • Governor unfolds roadmap to develop Miss. energy Friday, 5 Oct 2012 | 10:35 AM ET

    Phil Bryant is renewing his focus on promoting energy-related development. He said Mississippi should focus on energy development because it has natural advantages in the area and because the field produces high-paying jobs. "Most energy jobs pay twice the average household income in Mississippi," the governor said.

  • Drought sticking around Colorado for the fall Friday, 5 Oct 2012 | 10:32 AM ET

    DENVER-- The National Oceanic and Atmospheric Administration says drought conditions are expected to stick around for the fall in Colorado. Colorado and Wyoming had their warmest summers on record this year, and parts of eastern Colorado and Wyoming are experiencing exceptional drought, which is the most intense level reported by the U.S.

  • Lehman Bros. units reach agreement on claims Friday, 5 Oct 2012 | 10:31 AM ET

    On Friday, Lehman Brothers Inc. and Lehman Brothers International said that their agreement would allow them to proceed with plans to allocate and distribute assets to customers and creditors. Bankruptcy Judge James M. Peck and an order of the English High Court.

  • *Constellation Brands 2Q profit tops Street's view Friday, 5 Oct 2012 | 10:31 AM ET
  • NJ Senate fails to override veto of Port bill Friday, 5 Oct 2012 | 10:31 AM ET

    Christie vetoed the bill in July, saying at the time that some of the reforms had already been implemented at the Port Authority. The legislation would have forced the Port Authority to hold more public meetings before voting on toll hikes and publish its board of commissioners' meeting minutes.

  • Detroit water workers union: 5-day strike over Friday, 5 Oct 2012 | 10:30 AM ET

    DETROIT-- The union representing Detroit Water and Sewerage workers says a five-day strike has ended and that 36 employees fired for walking out will get their jobs back. American Federation of State County and Municipal Employees Local 207 said in a statement Thursday that its executive board voted to end the strike after negotiations with management.

  • Oil falls as US job growth fails to impress Friday, 5 Oct 2012 | 10:30 AM ET

    Benchmark oil closed down $1.83 to $89.88 per barrel in New York. But those extra commuters might not budge the needle on gas demand, which was down 2.5 percent from a year earlier in the four weeks ended Sept. 28, according to Energy Department figures released Wednesday.

  • Earnings Preview: Yum's China performance watched Friday, 5 Oct 2012 | 10:28 AM ET

    LOUISVILLE, Ky.-- Analysts following Yum Brands Inc. will be looking for signs of a profit rebound in the fast-food restaurant's key China operations when the owner of the Taco Bell, Pizza Hut and KFC chains reports third-quarter results after the markets close on Tuesday.

  • Florida justices hear nuclear plant cost appeal Friday, 5 Oct 2012 | 10:27 AM ET

    TALLAHASSEE, Fla.-- A law letting utilities charge customers now for future nuclear reactors even if they never get built fails to provide regulators with "adult supervision," a lawyer told the Florida Supreme Court on Thursday.

  • VIT supporters defend record running Va. ports Friday, 5 Oct 2012 | 10:25 AM ET

    NORFOLK, Va.-- Virginia International Terminals Inc. defended its record as the operator for the Virginia Port Authority on Thursday, saying its past success is irrefutable. The state created Virginia International Terminals in 1983.. VIT promotes Virginia and Virginia only, "said Joseph Ruddy, executive vice president for Virginia International Terminals.

  • Romney shifts to center as his confidence grows Friday, 5 Oct 2012 | 10:23 AM ET

    WASHINGTON-- Republican presidential nominee Mitt Romney is shifting sharply to the political center as he begins to deliver a closing argument aimed at a slice of moderate, undecided voters a month before Election Day.

  • SKorean torture film raises ghost of military past Friday, 5 Oct 2012 | 10:21 AM ET

    BUSAN, South Korea-- A film based on the memoir of a democracy activist who was tortured in the 1980 s by South Korea's military rulers is provoking discussion about the country's not-so-distant authoritarian past and the influence it will have on this year's presidential election.

  • Broadway producer says he was fraud victim Friday, 5 Oct 2012 | 10:20 AM ET

    NEW YORK-- The psychological thriller "Rebecca" was a hit for author Daphne du Maurier and filmmaker Alfred Hitchcock.

  • Romney on '47 percent': I was 'completely wrong' Friday, 5 Oct 2012 | 10:19 AM ET

    FISHERSVILLE, Va.-- Republican presidential candidate Mitt Romney has described his disparaging remarks about the 47 percent of Americans who don't pay federal income taxes as "not elegantly stated." Now he's calling them "just completely wrong."

  • Drought keeps getting deeper across Minnesota Friday, 5 Oct 2012 | 10:19 AM ET

    MINNEAPOLIS-- The drought keeps getting deeper across Minnesota. The driest parts of the state include several counties in northwestern Minnesota and several counties from southwestern to south-central Minnesota.

  • Arizona gasoline prices fall for 3rd week in row Friday, 5 Oct 2012 | 10:18 AM ET

    PHOENIX-- Arizona motorists are paying less at the pump again this week. Tucson has the lowest average gasoline price in Arizona at $3.52 a gallon while Flagstaff has the highest at $3.88. South Carolina has the lowest average gas prices in the continental U.S. at $3.49 a gallon with California having the highest at $4.31 a gallon.

  • Retail gasoline price falls 4 cents at Texas pumps Friday, 5 Oct 2012 | 10:17 AM ET

    IRVING, Texas-- Regular unleaded gasoline prices in Texas have fallen by an average of 4 cents to $3.54 per gallon in the weekly AAA Texas Weekend Gas Watch survey. The state's cheapest gasoline is found in Fort Worth, where the average price fell a nickel to $3.47 per gallon.

  • Film dramatizing bin Laden raid airing Nov. 4 Friday, 5 Oct 2012 | 10:16 AM ET

    LOS ANGELES-- A film dramatizing the death of Osama bin Laden is set to debut next month on the National Geographic Channel, two days before the presidential election. "Seal Team Six: The Raid on Osama bin Laden," from The Weinstein Co. and Voltage Pictures, will air Sunday, Nov. 4, the channel said Thursday.

  • Review: RI transit agency lacked fiscal oversight Friday, 5 Oct 2012 | 10:16 AM ET

    PROVIDENCE, R.I.-- Financial oversight at the Rhode Island Public Transit Authority was so poor that the agency would pay bills without first checking to see if it could cover the expenses, a state police officer tapped to overhaul the troubled agency's operations said.