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  • Correction: Obama-China story Tuesday, 2 Oct 2012 | 1:03 PM ET

    WASHINGTON-- In a story Sept. 28 about a presidential decision to block a Chinese company's business deal in Oregon over national security concerns, The Associated Press erroneously cited when another Chinese firm, Huawei Technologies, had abandoned plans for its purchase of a U.S. computer company, 3 Leaf Systems.

  • Old Dominion falls on shipping slowdown worries Tuesday, 2 Oct 2012 | 11:58 AM ET

    NEW YORK-- Shares of Old Dominion Freight Line Inc. fell Tuesday, after an analyst for RBC Capital Markets cited a slowdown in certain kinds of shipping and tough earnings comparisons facing the trucking company in cutting his rating for the company to "Sector Perform" from "Outperform."

  • Leagues say NJ sports betting law is hypocritical Tuesday, 2 Oct 2012 | 11:56 AM ET

    The NCAA, Major League Baseball, the National Football League, National Basketball Association and National Hockey League are collectively suing to block New Jersey's sports betting law from taking effect; the state says it could take bets as soon as December.

  • Stocks give up early gains on Wall Street Tuesday, 2 Oct 2012 | 11:56 AM ET

    NEW YORK-- Stocks are giving up an early advance and turning lower in midday trading on Wall Street. Dupont fell the most of the 30 stocks in the Dow Jones industrial average. The Dow was down 66 points at 13,449 shortly before noon Eastern time.

  • DaVita says federal investigation is complete Tuesday, 2 Oct 2012 | 11:54 AM ET

    DENVER-- DaVita Inc. said Tuesday that a federal grand jury investigation into its practices is complete and no action will be taken against the kidney dialysis firm.

  • US allows visa-free travel for Taiwanese Tuesday, 2 Oct 2012 | 11:43 AM ET

    Homeland Security Secretary Janet Napolitano described it as a "logical development in close security, economic and people-to-people" ties between the U.S. and Taiwan.

  • Kraft, Mondelez begin trading as 2 companies Tuesday, 2 Oct 2012 | 11:43 AM ET

    NEW YORK-- Kraft Foods Group and Mondelez International are now trading as two separate public companies. Mondelez's stock gained 2 cents to $27.84 in Tuesday morning trading. Shares of Kraft Foods Group, based in Northfield, Ill., added 61 cents to $44.71.

  • No mid-life crisis for 007 as Bond films turn 50 Tuesday, 2 Oct 2012 | 11:42 AM ET

    LONDON-- It was a meeting of the two most famous British people on the planet: Queen Elizabeth II turned to her tuxedo-wearing guest and said, "Good evening, Mr. It introduced a dapper but deadly secret agent who wore Savile Row suits, drove an Aston Martin, liked his martinis shaken, not stirred, and announced himself as "Bond, James Bond."

  • 2 Vt. airports get federal improvement grants Tuesday, 2 Oct 2012 | 11:40 AM ET

    MONTPELIER, Vt.-- The Vermont state airports in Morrisville and Newport are going to receive more than $900,000 in federal grants to buy equipment, design a project and conduct an environmental assessment.

  • Anthem proposed as benchmark for Kentucky insurers Tuesday, 2 Oct 2012 | 11:38 AM ET

    FRANKFORT, Ky.-- Kentucky has recommended that the Anthem Preferred Provider Organization serve as the benchmark plan for insurers in Kentucky under federal health care reforms. Kentucky also is recommending that the Kentucky Children's Health Insurance Program be the benchmark plan for pediatric vision and dental services.

  • US auto sales rise again in September Tuesday, 2 Oct 2012 | 11:38 AM ET

    Sales rose for most automakers, led by gains of more than 30 percent for Toyota and Volkswagen. Toyota sales rose 42 percent from a year earlier, while Volkswagen jumped 34 percent from September 2011. Nissan, which has been hurt as Toyota and Honda recover from last year's earthquake in Japan, saw sales fall 1.1 percent.

  • Shell offers payments instead of taxes for plant Tuesday, 2 Oct 2012 | 11:37 AM ET

    MONACA, Pa.-- Shell Oil Co. is offering to make payments to replace lost local taxes if a multi-billion dollar petrochemical plant is built in western Pennsylvania.

  • Colo. debates proposed oil, gas setback rules Tuesday, 2 Oct 2012 | 11:34 AM ET

    DENVER-- The Colorado Oil and Gas Conservation Commission is considering statewide rules on groundwater sampling and monitoring at new well pads. The commission on Monday began discussing the state's so-called "setback" rules on how far wells must be from buildings.

  • EPA approves gas-fired power plant in Cheyenne Tuesday, 2 Oct 2012 | 11:33 AM ET

    CHEYENNE, Wyo.-- The U.S. Environmental Protection Agency has approved plans to build a natural gas-fired power plant in Cheyenne. Black Hills Corp. said Monday that it would move ahead with plans to begin construction on the $237 million, 132- megawatt plant now that it's gotten a greenhouse gas air permit from the EPA.

  • Health care jobs to see highest rate of job growth Tuesday, 2 Oct 2012 | 11:31 AM ET

    JUNEAU, Alaska-- The health care and social assistance industry is expected to see the largest rate of job growth in Alaska this decade. It estimates that Alaska will add nearly 40,000 jobs during that period, an increase of 12 percent, with nearly all sectors gaining.

  • Mixed signals for automaker shares on sales day Tuesday, 2 Oct 2012 | 11:31 AM ET

    U.S.-traded shares of Toyota Motor Corp. were slipped 22 cents to $76.85 although Japan's largest automaker said sales rose 42 percent. Honda Motor Co. sales rose 31 percent but its shares dropped a penny to $30.58. Nissan Motor Co. shares rose 11 cents to $16.84 although September sales declined by 1 percent.

  • Little Big Town's chart-topping moment in time Tuesday, 2 Oct 2012 | 11:29 AM ET

    NASHVILLE, Tenn.-- Little Big Town is having a moment. Karen Fairchild, one of the two women in the group, likes to think that a particular handbag purchase pushed "Pontoon" over the top.

  • Romney's message may be losing its luster in NH Tuesday, 2 Oct 2012 | 11:27 AM ET

    BERLIN, N.H.-- Mitt Romney is a part-time resident of this tiny state, and his fiscally conservative, socially moderate tenure as governor of neighboring Massachusetts once seemed a good match for New Hampshire's independent and libertarian-leaning electorate.

  • Aussie Open prize money increases to $31 million Tuesday, 2 Oct 2012 | 11:26 AM ET

    "Expect Rafa to be one of many great stories in January, including a formidable title defense from our brilliant reigning men's champion, Novak Djokovic, and some major challenges from the great Roger Federer, U.S.

  • Humane Society president seeks seat on Tyson board Tuesday, 2 Oct 2012 | 11:25 AM ET

    LITTLE ROCK, Ark.-- The president of an organization leading the fight against cramped cages for pregnant pigs said Tuesday he's seeking a spot on Tyson Food Inc.' s board of directors to put more pressure on the nation's second-largest pork processor to abandon the crates.