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  • *Money shortage impedes investigation for funds Wednesday, 10 Oct 2012 | 12:06 AM ET
  • List of counterfeit air bags-vehicles Wednesday, 10 Oct 2012 | 12:05 AM ET
  • Caro, Shadid among National Book Award finalists Wednesday, 10 Oct 2012 | 12:04 AM ET

    NEW YORK-- Robert Caro, Junot Diaz and the late Anthony Shadid were among the finalists announced Wednesday for the National Book Awards. Other nominees included the novelists Dave Eggers and Louise Erdrich and nonfiction writers Anne Applebaum and Katherine Boo.

  • White is the top color globally for 2012 vehicles Wednesday, 10 Oct 2012 | 12:02 AM ET
  • Finance leaders to address global economic threats Wednesday, 10 Oct 2012 | 12:02 AM ET

    Europe is gripped by a debt crisis and stalled growth. A budget standoff in the United States is set to trigger tax increases and spending cuts and perhaps a recession. And it's warning that even its dimmer outlook might prove too optimistic if Europe and the United States fail to resolve their crises.

  • FIFA acts to prevent empty seats at 2014 World Cup Wednesday, 10 Oct 2012 | 12:02 AM ET

    There were large blocks of empty seats at some stadiums at the 2010 World Cup in South Africa and this year's European Championship in Poland and Ukraine. At the Leaders in Football conference on Wednesday, FIFA marketing director Thierry Weil said sponsors would have to name the people using tickets two or three days before matches in Brazil.

  • White, silver are top vehicle colors in 2012 Wednesday, 10 Oct 2012 | 12:02 AM ET

    White is the most popular color for the second year in a row after overtaking silver in 2011. The annual rankings are compiled by automotive paint supplier PPG Industries Inc., a Pittsburgh- based company that provides paints to General Motors Co., Ford Motor Co., BMW AG and others. By comparison, 19 percent of midsize cars made in North America are white.

  • Grains futures, livestock prices mixed Wednesday, 10 Oct 2012 | 12:01 AM ET
  • Amtrak ridership hits record high amid GOP attacks Tuesday, 9 Oct 2012 | 11:54 PM ET

    John Mica, R- Fla., chairman of the House Transportation and Infrastructure Committee, has accused Amtrak of "Soviet-style" inefficiency and held several hearings devoted to criticism of the railroad.

  • China finance officials to skip Tokyo IMF meeting Tuesday, 9 Oct 2012 | 11:43 PM ET

    TOKYO-- China's central bank governor and finance minister won't be attending IMF and World Bank annual meetings in Tokyo this week, a Japanese official said Wednesday _ cancelations that come as the two Asian giants remain at odds over a cluster of tiny islands both claim.

  • Taiwan's Ma pledges greater effort to fix economy Tuesday, 9 Oct 2012 | 11:02 PM ET

    TAIPEI, Taiwan-- Commemorating the founding of the Republic of China, Taiwan President Ma Ying- jeou has pledged greater efforts to fix the island's economy, now limping along at about a 2 percent annual growth rate. Over the past several months, Taiwan's high-tech economy has been battered by slowing demand in Europe, North America and China, its main export market.

  • Asia stocks fall on Spain, US earnings worries Tuesday, 9 Oct 2012 | 10:32 PM ET

    BANGKOK-- Worries about Europe's debt crisis, signs of weak global growth and expectations of lower U.S. corporate earnings sent Asian stocks down on Wednesday. International Monetary Fund said Tuesday that Spain's economy _ already in double-dip recession _ will contract by 1.3 percent next year _ more than double its previous prediction.

  • Gov't to warn motorists about counterfeit air bags Tuesday, 9 Oct 2012 | 10:24 PM ET

    WASHINGTON-- The Obama administration is preparing to warn car owners whose air bags have been replaced in the past three years that dangerous counterfeit bags may have been installed, according to auto industry officials who have been briefed by the government.

  • News Summary: Penske Media buys Variety Tuesday, 9 Oct 2012 | 9:59 PM ET

    VARIETY SOLD: Penske Media Corp., the owner of the snarky entertainment website Deadline, has purchased venerable show business publication Variety for $25 million from Reed Elsevier Group PLC.

  • Earnings Preview: CSX railroad's 3Q report Tuesday, 9 Oct 2012 | 9:55 PM ET

    JACKSONVILLE, Fla.-- CSX Corp. will be the first major freight railroad to release third-quarter earnings when it reports next week, so investors will be looking for clues about the health of the industry and the economy.

  • Cancer patient embarrassed by security pat-down Tuesday, 9 Oct 2012 | 9:49 PM ET

    SEATTLE-- A Michigan woman dying of leukemia says she hopes her embarrassment during a Seattle airport security pat-down might change the way the Transportation Security Administration treats travelers with medical conditions. Dunaj, 34, was making what she expects will be the last trip of her life on Oct. 2 as she traveled through Seattle en route to Hawaii.

  • Gov't to warn motorists about counterfeit airbags Tuesday, 9 Oct 2012 | 9:43 PM ET

    WASHINGTON-- Auto industry officials say the government is preparing to warn car owners whose airbags have been replaced in the past three years that dangerous counterfeit bags may have been installed.

  • One Direction, NFL's Drew Brees join Pepsi for ad Tuesday, 9 Oct 2012 | 8:43 PM ET

    The soda company is partnering with the boy band and NFL star Drew Brees for an ad that will debut this week. PepsiCo Inc. increased its media spending in the United States by more than 40 percent during the second quarter compared with a year ago. In the past, Pepsi has filmed ads with Michael Jackson, Britney Spears and Beyonce.

  • Moody's targets Calif. cities for downgrades Tuesday, 9 Oct 2012 | 8:40 PM ET

    Moody's Investors Service will scrutinize the ratings of various types of bonds in 30 California cities. "California cities operate under more rigid revenue raising constraints than cities in many other parts of the country," Eric Hoffmann, who heads Moody's California local government ratings team, said in a statement. "

  • On the Call: Alcoa CEO Klaus Kleinfeld Tuesday, 9 Oct 2012 | 8:17 PM ET

    There has been some speculation recently that Alcoa might better off if it were divided into separate, distinct businesses. Alcoa Chairman and CEO Klaus Kleinfeld discussed the idea Tuesday during a call with analysts to review the company's third-quarter results.