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  • Lexicon Pharma rises on new tumor drug data Friday, 12 Oct 2012 | 10:41 AM ET

    NEW YORK-- Shares of Lexicon Pharmaceuticals Inc. rose Friday after the company reported new clinical study data for its potential drug telotristat, which treats a condition caused by tumors in the gastrointestinal tract. Lexicon shares gained 12 cents, or 5 percent, to $2.51 in morning trading.

  • News Summary: Ecolab buying Champion Technologies Friday, 12 Oct 2012 | 10:41 AM ET

    THE PURCHASE: Ecolab Inc. is buying specialty chemical company Champion Technologies in a cash-and-stock deal valued at approximately $2.2 billion. THE DETAILS: The cleaning, food safety and pest-control services company said Friday that it will pay approximately $1.7 billion in cash and issue about 8 million shares of its stock as part of the acquisition.

  • AP sources: Speed won't air F1 after this season Friday, 12 Oct 2012 | 10:41 AM ET

    Two people familiar with the negotiations said F1 was in talks with NBC for U.S. broadcast rights and the contract would not be renewed with Speed. NBC did not immediately respond to a request for comment, nor did a spokesman for Speed.

  • La. man indicted in alleged tax fraud scheme Friday, 12 Oct 2012 | 10:41 AM ET

    NEW ORLEANS-- A landfill executive awaiting trial on charges he conspired with his brother-in-law to embezzle nearly $1 million from a New Orleans- based construction management company was indicted Thursday on new charges stemming from an alleged tax fraud scheme.

  • *Ore. governor appoints timber funding panel Friday, 12 Oct 2012 | 10:40 AM ET
  • *3 enviro groups fight mountaintop mining permit Friday, 12 Oct 2012 | 10:38 AM ET
  • Rail project shutdown will costs Honolulu millions Friday, 12 Oct 2012 | 10:35 AM ET

    HONOLULU-- A rail project shut down by court order will cost Honolulu more than $114 million, according to the head of the Honolulu Authority for Rapid Transportation.

  • *Mo. man sentenced in failed Job Corps robbery Friday, 12 Oct 2012 | 10:34 AM ET
  • APNewsBreak: Emails show personnel clash in Kansas Friday, 12 Oct 2012 | 10:33 AM ET

    TOPEKA, Kan.-- Kansas' former labor secretary tangled with Gov. The emails obtained by The Associated Press this week through an open records request are the first evidence to come to light afterward that Brownlee was at odds with another high-ranking administration official.

  • Swiss rail licenses use of iconic clocks to Apple Friday, 12 Oct 2012 | 10:29 AM ET

    GENEVA-- Apple Inc. has struck a deal with Switzerland's national rail company to license the use of its iconic station clocks for the iOS 6 operating system, which is used by iPhone and iPad mobile devices.

  • JP Morgan, US data shore up markets Friday, 12 Oct 2012 | 10:24 AM ET

    LONDON-- Upbeat earnings from JP Morgan Chase& Co. and a strong U.S. consumer confidence survey helped shore up markets Friday, though investors remained cautious after buying up stocks aggressively the previous day.

  • Pershing County vs. Burning Man on festival fee Friday, 12 Oct 2012 | 10:21 AM ET

    RENO, Nev.-- Pershing County officials are asking a judge to dismiss a lawsuit filed by Burning Man organizers who say a new county festival ordinance is unconstitutional and could put the annual counter-culture event in Nevada's Black Rock Desert out of business.

  • Iraq to buy Czech military planes for $1 billion Friday, 12 Oct 2012 | 10:21 AM ET

    PRAGUE-- Iraq has agreed to buy 28 Czech-made military airplanes in a deal worth $1 billion (775 million), part of a broader effort by Baghdad to rebuild military capabilities destroyed during the U.S.-led invasion of the country, officials said Friday. Iraq only has a few planes and is unable to defend its air space.

  • Telefonica sells call center unit to Bain Capital Friday, 12 Oct 2012 | 10:15 AM ET

    MADRID-- Spanish telecommunications company Telefonica has agreed to sell its call center business Atento to private equity group Bain Capital for 1 billion to lower debt. Telefonica SA is trying to reduce its debts worth 58 billion through the sale of non-essential businesses.

  • US stocks higher as inflation remains tame Friday, 12 Oct 2012 | 10:15 AM ET

    Stocks rose on Friday after a government report showed that inflation was tame in September, which will leave consumers with more money to spend if the trend holds up. The Labor Department said Friday that wholesale prices rose 1.1 percent in September. This week saw mixed results from U.S. corporations like Alcoa, Safeway and Yum Brands.

  • *Ex-owner of Lexington company sent to prison Friday, 12 Oct 2012 | 10:10 AM ET
  • Workday skyrockets in 1st day trading on NYSE Friday, 12 Oct 2012 | 10:09 AM ET

    NEW YORK-- Shares of Workday rocketed higher Friday in their first day of trading on the New York Stock Exchange. That's a bigger bump than the 71 percent first-day gain by casino operator Caesars Entertainment Corp. in February and the 41 percent first-day gain for shares of real estate listing site Trulia Inc. last month.

  • *Democratic governors' group gives Nixon $300,000 Friday, 12 Oct 2012 | 10:08 AM ET
  • More retailers object to credit card settlement Friday, 12 Oct 2012 | 10:08 AM ET

    NEW YORK-- A group of retailers and trade groups has launched a last-ditch effort to stop a settlement worth at least $6 billion that Visa Inc., MasterCard Inc. and major banks have agreed to pay retailers for alleged fee fixing. The proposed settlement, which was disclosed in July, is expected to be submitted to the U.S. District Court in Brooklyn by Oct. 19.

  • Diabetes prevention focus of W.Va. meeting Friday, 12 Oct 2012 | 10:07 AM ET

    CHARLESTON, W.Va.-- Federal health officials on Thursday urged a renewed focus on diabetes prevention efforts in West Virginia, where more than one in 10 adults has the disease. The Appalachian Regional Commission sponsored a roundtable discussion attended by health professionals and representatives of state and other agencies.