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  • Dollar rises on concerns about global economy Monday, 8 Oct 2012 | 1:52 PM ET

    The World Bank cut its growth forecast for Asia Monday and said that China's economy could continue to cool. The officials are expected to discuss Greece, Spain and other matters related to Europe's debt crisis. The dollar fell to 78.34 Japanese yen from 78.69 yen and to 97.66 Canadian cents from 97.90 Canadian cents.

  • Elie Wiesel survives Madoff wipeout, heart bypass Monday, 8 Oct 2012 | 1:49 PM ET

    NEW YORK-- When Elie Wiesel emerged from quintuple heart bypass surgery, still wired to monitors, he immediately started writing a book about the ordeal _ "in my head."

  • *NRA begins new ad campaign in battleground states Monday, 8 Oct 2012 | 1:45 PM ET
  • Analyst sees Wet Seal shakeup as a positive Monday, 8 Oct 2012 | 1:43 PM ET

    Recent changes at Wet Seal Inc. will vastly improve the board and could change the direction of the struggling retailer's business, a B. Riley& Co. analyst said.

  • Britain picks up 7 International Emmy nominations Monday, 8 Oct 2012 | 1:39 PM ET

    NEW YORK-- British television productions received a leading seven International Emmy nominations Monday, including best actor and actress nods for Jason Isaacs in "Case Histories" and newcomer Joanna Vanderham in "The Runaway."

  • TV show to detail life as an NBA rookie Monday, 8 Oct 2012 | 1:33 PM ET

    NEW YORK-- Top draft pick Anthony Davis and former No. 1 choices LeBron James and Dwight Howard are featured in a program detailing life as an NBA rookie. Kobe Bryant, Kevin Durant, Clippers teammates Chris Paul and Blake Griffin, and a number of other top players are included in " My Life as an NBA Rookie," debuting Oct. 29 on Disney XD.

  • Alzheimer drug shows some promise in mild disease Monday, 8 Oct 2012 | 1:33 PM ET

    Detailed results were revealed for the first time Monday at an American Neurological Association conference in Boston. "It's certainly not the home run we all wanted, but we're very encouraged by these results," said Maria Carillo, chief science officer for the Alzheimer's Association, which had no role in the research.

  • Iran's rial holding after slight weekend rebound Monday, 8 Oct 2012 | 1:31 PM ET

    TEHRAN, Iran-- The plunge of Iran's currency appears to be slowing as the rial is holding at its rebound level for the third straight day. Iran's rial lost nearly 40 percent of its value against the U.S. dollar in a week last Tuesday, when it reached 35,500 rials to the dollar.

  • Man claims responsibility for defacing Rothko Monday, 8 Oct 2012 | 1:31 PM ET

    LONDON-- A Russian man has claimed responsibility for scrawling graffiti on a mural by modern American master Mark Rothko at London's Tate Modern museum, saying Monday he never intended to decrease the work's value. The defaced painting was one of a series intended to decorate the Four Seasons restaurant in New York.

  • Bombardier Learjet machinists strike Kansas plant Monday, 8 Oct 2012 | 1:31 PM ET

    WICHITA, Kan.-- Machinists at the Bombardier Learjet plant walked the picket line early Monday, while the Wichita, Kan.- based company said it will continue operations during the strike. Traffic at the only gate open for non-striking employees was backed up for more than three miles Monday morning as picketers briefly stopped cars that were attempting to enter.

  • Delta to beef up Asia service from Seattle Monday, 8 Oct 2012 | 1:22 PM ET

    Delta plans to add a flight between Seattle and Shanghai starting on June 17, 2013. Delta, which is based in Atlanta, is also proposing a flight between Seattle and Tokyo-Haneda, Japan, set to begin in March.

  • At a Glance: Weekly change in state gas prices Monday, 8 Oct 2012 | 1:14 PM ET
  • News Summary: UnitedHealth plans $4.9B acquisition Monday, 8 Oct 2012 | 1:12 PM ET

    THE DEAL: U.S. health insurer UnitedHealth Group Inc. will spend about $4.9 billion to buy a majority stake in Brazilian health benefits and care provider Amil Participacoes SA. THE TARGET: Amil Participacoes is Brazil's largest health insurer, with a network of providers that includes 3,300 hospitals and 44,000 doctors.

  • Targacept announces a new round of job cuts Monday, 8 Oct 2012 | 11:58 AM ET

    WINSTON-SALEM, N.C.-- Targacept Inc. said Monday it will eliminate 26 jobs, or 38 percent of its staff positions, as it tries to cut more costs after its second significant drug failure of the year.

  • Vringo spikes after filing patent suit against ZTE Monday, 8 Oct 2012 | 11:53 AM ET

    NEW YORK-- Shares of Vringo, which buys and licenses patents, jumped more than 16 percent in heavy trading Monday, after the company said it filed a patent infringement lawsuit against ZTE Corp.' s U.K. subsidiary.

  • Athens police plan crackdown ahead of Merkel visit Monday, 8 Oct 2012 | 11:47 AM ET

    ATHENS, Greece-- Greek police have increased security and are preparing to close down large sections of the capital Athens to contain protests against Germany's Chancellor, Angela Merkel, who is visiting the city Tuesday for talks with the country's Prime Minister Antonis Samaras.

  • Bourbon tourism: New visitors center at Jim Beam Monday, 8 Oct 2012 | 11:47 AM ET

    CLERMONT, Ky.-- Bourbon fan Tim Allen started his day of sightseeing by sipping whiskeys crafted at a Jim Beam distillery. Where else are pre-lunch nips more commonplace than in Kentucky bourbon country?

  • France's richest man to get honorary knighthood Monday, 8 Oct 2012 | 11:44 AM ET

    LONDON-- He's taken heat for talking about moving from France to Belgium to avoid high taxes _ and now he's raising eyebrows with an honor from the British Queen. Bernard Arnault, the luxury goods chief who is France's wealthiest man, is set to receive an honorary knighthood in Britain.

  • Optimer selling stake in Taiwan affiliate for $60M Monday, 8 Oct 2012 | 11:29 AM ET

    SAN DIEGO-- Optimer Pharmaceuticals Inc. said Monday it is selling its remaining stake in its Taiwanese affiliate Optimer Biotechnology for $60 million. Optimer Pharmaceuticals plans to use the proceeds from the sale to fund marketing of its drug Dificid and for other general corporate purposes.

  • Sector Snap: Gas price spike hits chemical makers Monday, 8 Oct 2012 | 11:28 AM ET

    Citi Research analyst P.J. Juvekar said that could lead to more U.S. natural gas being exported to Mexico. Natural gas futures fell 2 cents to $3.38 per 1,000 cubic feet in morning trading Monday. That could affect North American producers like CF Industries Holdings Inc. and Agrium Inc..