China's already-volatile benchmark stock index, with a combined market capitalisation of $4.6 trillion, has lost 10 percent in the last two days of trade. "Typically, equity markets do have a high correlation to quarterly GDP growth," Deutsche Bank strategist Michael Lewis said. Brent was down 72 cents at $52.75 a barrel by 1054 GMT, having hit a session low of...» Read More
JOHANNESBURG-- Striking miners killed one man by setting him on fire Thursday while another was fatally shot, apparently by police, in rekindled labor unrest in South Africa that saw police firing tear gas and rubber bullets. The violence near an Anglo American Platinum mine has escalated since the company dismissed 12,000 striking miners on Friday.
SIOUX FALLS, S.D.-- To all the girls and boys, makin' all that noise: Alice Cooper has found you some new toys. The heavy metal icon was in South Dakota on Wednesday to help kick-off a 6,000- square-foot rock `n' roll academy for local Boys& Girls Club members.
MIAMI-- A third victim of a massive parking garage collapse at a Miami college died Thursday morning, just hours after rescuers pulled him from beneath piles of twisted steel and crumbled concrete, police said. Samuel Perez, 53, had been trapped in the collapse Wednesday at Miami Dade College.
The agency reported Thursday it expects Kansas growers to harvest 82.5 million bushels of soybeans. The estimate for corn production in Kansas of 382.2 million bushels remains unchanged from last month.
The USDA now estimates that farmers will harvest 10.71 billion bushels of corn, down from last month's estimate of 10.73 billion bushels. The USDA said 69 percent of the nation's corn crop has been brought in from the fields as of Monday, more than double the average rate of the previous five years.
ALBANY, N.Y.-- The New York State Department of Agriculture and Markets says a Brooklyn company is recalling herring fillets because they may be contaminated by listeria. The Four Seasons Dairy Inc., is recalling herring "Fillet Atlantic Recipe in Oil." The product, sold in the New York City area, was packaged in a 1- pound/500g, clear plastic tub with a white lid.
SALT LAKE CITY-- Utah's September foreclosure rate remains the 16th highest in the nation for a second month. Data released Thursday by RealtyTrac Inc. shows that one in every 903 Utah housing units saw a foreclosure filing in September. Florida, California, Illinois, Arizona and Nevada had the highest foreclosure rates in the nation in August.
Yongda Huang Harris, 28, was taken into custody at Los Angeles International Airport last week during a stopover on a trip from Japan, when U.S. Customs and Border Protection officers noticed he was wearing the bulletproof vest under his trench coat, along with flame-retardant pants and knee pads.
BEREA, Ohio-- With as much purpose as any tackle he's ever made, Scott Fujita delivered a shot to NFL Commissioner Roger Goodell. Angered by Goodell's handling of the New Orleans Saints' bounties scandal, Fujita accused the commissioner of misusing his power, questioned his record on player safety, and the Browns linebacker vowed to keep fighting to clear his name.
Pennsylvania's public employee pension system said Wednesday it will revoke Jerry Sandusky's $59,000 annual pension in the wake of his conviction and sentence in the child sexual abuse scandal.
LONDON-- A surprisingly big drop in weekly U.S. jobless claims helped shore up financial markets Thursday despite a downgrade of Spain's sovereign credit rating. The Labor Department reported that claims last week fell by 30,000 to 339,000, the lowest level since February 2008.
DANVILLE, Ky.-- Democrat Joe Biden and Republican Paul Ryan pull up a couple of chairs for a vice presidential debate that has mushroomed in importance since Mitt Romney's strong showing in the first presidential faceoff.
FARGO, N.D.-- North Dakota's corn and soybean crops are expected to be record size. The Agriculture Department in its latest forecast pegs the North Dakota corn crop at 390 million bushels, up 16 percent from September and up 80 percent from last year. Flooding in 2011 hurt many North Dakota crops, leading to sizable increases this year.
SIOUX FALLS, S.D.-- Nearly one-third of South Dakota is now in the grips of exceptional drought, up from a little more than one-fourth of the state last week. Drought Monitor map shows that all of South Dakota and North Dakota remain in some category of drought. Exceptional drought, the worst, and extreme drought cover most of the southern half of South Dakota.