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  • Plane's loose seats force emergency landing in NYC Monday, 1 Oct 2012 | 1:01 PM ET

    NEW YORK-- American Airlines says a Boston- to- Miami flight had to make an emergency landing at New York's JFK airport over the weekend due to a row of seats that became loose. Passengers aboard the flight were placed on another aircraft for the trip to Miami. It says the FAA was notified of the problem and the airline's internal review.

  • Gretzky hopes for NHL labor deal by Winter Classic Monday, 1 Oct 2012 | 1:01 PM ET

    TORONTO-- The Great One is optimistic about the NHL's labor situation. Wayne Gretzky thinks the league's lockout will end before the showcase Winter Classic between the Detroit Red Wings and Toronto Maple Leafs.

  • News Summary: Online donors save SKorean film Monday, 1 Oct 2012 | 1:00 PM ET

    CROWDFUNDING: After being turned down by many investors over four years, one of South Korea's top film producers, Choi Yong- bae, raised nearly $404,000 from more than 12,000 people in less than three months to finance a film about a notorious South Korean president blamed for the massacre of democracy protesters.

  • Oklahoma refinery blast probe could take months Monday, 1 Oct 2012 | 11:57 AM ET

    OKLAHOMA CITY-- A spokeswoman for the U.S. Department of Labor says determining the cause of an explosion at an Oklahoma refinery that killed one worker and critically injured another could take months. Elizabeth Todd says Occupational Safety and Health Administration investigators are at the scene in Wynnewood Monday and could be there for up to a week.

  • Glance: Red Lobster menu, circa 1968 Monday, 1 Oct 2012 | 11:56 AM ET

    Red Lobster is launching its biggest menu revamp in a decade on Oct. 15. We Specialize in Fresh Florida Seafood, but some of our Seafoods come from distant points of the compass, such as Maine, Maryland, Alaska, Peru, Chile and even South Africa to name but a few.

  • McKesson will buy Med3000; terms not disclosed Monday, 1 Oct 2012 | 11:51 AM ET

    SAN FRANCISCO-- Prescription drug distributor McKesson Corp. said Monday that it agreed to buy Med3000, a health care management and technology service company. McKesson said the deal will expand its revenue management division. Shares of McKesson rose 34 cents to $86.37 in midday trading.

  • Huge tax increase looms at year-end 'fiscal cliff' Monday, 1 Oct 2012 | 11:50 AM ET

    WASHINGTON-- A typical middle-income family making $40,000 to $64,000 a year could see its taxes go up by $2,000 next year if lawmakers fail to renew a lengthy roster of tax cuts set to expire at the end of the year, according to a new report Monday.

  • Honda recalls 600,000 Accords to fix faulty hoses Monday, 1 Oct 2012 | 11:47 AM ET

    DETROIT-- Honda is recalling 600,000 Accord midsize cars in the U.S. and Canada to fix a faulty power steering hose that can leak fluid and cause a fire. Honda has a report of one fire but no injuries or crashes. Any owner who suspects a leak should take their car to a dealer for inspection, Honda spokesman Ed Miller said Monday.

  • Survey suggests little economic growth in Midwest Monday, 1 Oct 2012 | 11:45 AM ET

    OMAHA, Neb.-- Little or no economic growth is likely this year in most of the nine Midwest and Plains states covered by a survey of business leaders, but the booming oil business will continue to drive growth in North Dakota and Oklahoma, according to the report released Monday.

  • Oil higher after US manufacturing report Monday, 1 Oct 2012 | 11:45 AM ET

    Benchmark crude rose 14 cents to $92.33 around 1:30 p.m. in New York. Brent crude, which is used to price international varieties of oil, fell 61 cents to $111.78 on the ICE Futures Exchange in London. Prices at the pump slipped to $3.782 a gallon, according to AAA, Wright Express and the Oil Price Information Service.

  • Bass fishing and gas drilling meet in Pittsburgh Monday, 1 Oct 2012 | 11:43 AM ET

    PITTSBURGH-- Bass fishing, gas drilling and downtown Pittsburgh collided at a professional fishing tournament last week, and the unlikely partnership prompted cheers and concerns from anglers, environmentalists and the general public. One of the fishermen at the event said that even having a tournament in Pittsburgh is a sign of progress.

  • Hungary seeking slot machine ban to protect poor Monday, 1 Oct 2012 | 11:43 AM ET

    BUDAPEST, Hungary-- The Hungarian government says it is planning to ban slot machines, which it says have led thousands of families to ruin. According to the bill filed Monday in Parliament, slot machines will be allowed only in Hungary's three casinos.

  • Conn. to announce $121 million for high-speed rail Monday, 1 Oct 2012 | 11:42 AM ET

    MERIDEN, Conn.-- State and federal officials are set to announce on Monday $121 million in federal funding for a high-speed rail project between New Haven, Conn. and Springfield, Mass.. In total, $365 million in state and federal funding has been committed to the Connecticut portion of the New England rail system.

  • Transocean up on approval to operate in Brazil Monday, 1 Oct 2012 | 11:41 AM ET

    NEW YORK-- Shares of Transocean Ltd. rose Monday after a Brazilian judge said that the company will be allowed to continue to operate drilling rigs in most fields off the shores of Brazil.

  • Rhode Island gas prices climb a cent Monday, 1 Oct 2012 | 11:38 AM ET

    PROVIDENCE, R.I.-- Gas prices climbed by a cent in Rhode Island in the past week. AAA Southern New England said Monday the average cost of a gallon of regular unleaded gas in the Ocean State is $3.96, up from $3.95. Over the last month, prices in Rhode Island have climbed 12 cents.

  • TRW Automotive shares rise on $1B buyback plan Monday, 1 Oct 2012 | 11:37 AM ET

    NEW YORK-- TRW Automotive Holdings Corp. said Monday that its board approved a $1 billion share repurchase plan, prompting an analyst to reiterate a "Buy" rating on the auto parts maker's stock. A significant portion of its sales come from Europe, where new vehicle demand has fallen this year amid the continuing economic uncertainty there.

  • NJ's AFSCME union ratifies pact Monday, 1 Oct 2012 | 11:37 AM ET

    TRENTON, N.J.-- New Jersey's second-largest public employee union has ratified a new contract that the Christie administration says reflects financial realities and budget constraints.

  • Amex paying $112M in late-fee settlements Monday, 1 Oct 2012 | 11:37 AM ET

    WASHINGTON-- American Express is paying $112 million in refunds and fines to settle regulators' accusations that it charged unlawful late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services. American Express is refunding $85 million to about 250,000 customers and is paying $27.5 million in civil fines.

  • Massachusetts gas prices inch up a penny Monday, 1 Oct 2012 | 11:36 AM ET

    BOSTON-- The cost of a gallon of gasoline inched up by a penny in Massachusetts in the past week. AAA Southern New England reports Monday that self-serve, regular is now selling for an average of $3.84 per gallon. A year ago at this time the Massachusetts average price was $3.45.

  • Officers elected to Southern newspapers board Monday, 1 Oct 2012 | 11:35 AM ET

    Barrett, president and CEO of Community Newspaper Holdings Inc., in Montgomery, Ala., was elected during the group's meeting in Naples on Monday. The new treasurer is Gregg K. Jones, president and CEO of Jones Media in Greeneville, Tenn. He's co-publisher of The Greenville Sun.