LA PAZ, July 6- Bolivia may issue up to $1 billion in international bonds this year to help finance new state-run industries and roads, but uncertainty over when the United States will raise interest rates is complicating timing, its economy minister said. This would help ease Bolivia's dependency on gas exports and reduce its vulnerability to global commodity...» Read More
NEW YORK-- A Citi analyst on Tuesday upgraded Interpublic Group of Cos. to "Buy" from "Neutral," saying that the company is poised to rebound next year after a tough 2012.. THE BACKGROUND: Interpublic, along with other advertising companies, had a rough time this year.
BOSTON-- Gasoline prices in Massachusetts have risen four cents in the past week. AAA Southern New England reports Tuesday that a gallon of self-serve, regular is selling for an average of $3.88. The cost in Massachusetts is seven cents above the national average, eight cents higher than a month ago and 47 cents higher than at the same time last year.
CHARLESTON, W.Va.-- A lawsuit over Cobalt Coal Co.' s alleged failure to pay mining royalties may soon be dismissed. Cobalt operates the mine featured on Spike TV's one-season reality show "Coal." In August, Encoal Energy and Gopher Land Services sued Cobalt in U.S. District Court in Charleston.
NEW YORK-- Wal-Mart is testing a same-day delivery service in select markets for customers who buy popular items online during the holiday shopping season. The tests, which started this month, are taking place in northern Virginia, Philadelphia, Minneapolis and San Francisco and San Jose, Calif. About 5,000 items will be available for the same-day service.
LAS VEGAS-- Home prices in the Las Vegas area are up for the eighth month in a row, while the number of homes sold in September is down from a year ago. The Greater Las Vegas Association of Realtors reports Tuesday that the median price of a single-family home sold in September was $140,000, up 1.4 percent from August and nearly 14 percent from last September.
AUGUSTA, Maine-- The state of Maine is accepting letters of Intent for the possible use of state-owned Interstate 95 and I-295 as corridors for transmitting electricity. State energy Director Ken Fletcher says Maine's Energy Infrastructure Interagency Review Panel is accepting the proposals.
TUCSON, Ariz.-- Researchers at the University of Arizona have won a $1.4 million grant to study the occupational and environmental health effects of underground mining equipment that runs on biodiesel-blend fuels. The university says mining operators are shifting from diesel to biodiesel-blend fuels in a bid to lower exposure to pollutants.
LANSING, Mich.-- The state's Pure Michigan tourism campaign is highlighting hunting and fishing opportunities in the state with a new digital media campaign. The focus will be on fishing through Oct. 22. Hunting ads will then start running until Dec. 5.
NEW ORLEANS-- UnitedHealth Group Inc. and the Louisiana Alliance of Boys& Girls Clubs are bringing a 12- month program to help obese and overweight children lose weight. The classes are only for families on the company's Medicaid plan in the New Orleans area. Ann K. Logarbo, chief medical officer for UnitedHealthcare Community Plan of Louisiana.
CHICAGO-- ComEd has started an energy efficiency program that is taught by people with developmental disabilities for those with similar issues. ComEd is partnering with eight nonprofit organizations in Chicago and the suburbs that work with the developmentally disabled. ComEd is part of Chicago- based Exelon Corp..
RIYADH, Saudi Arabia-- Saudi Arabia's oil minister said Tuesday his country has the ability to meet existing and future demand for oil, seeking to alleviate concerns about supply and cut prices. Brent crude, which is used to price international varieties of oil, was trading above $113 a barrel in London on Tuesday.
The campaign has begun in earnest to try to get New Jersey voters to support a $750 million bond issue for campus construction projects at the state's colleges and universities, but it's not clear whether there's going to be any organized opposition.
MADRID-- Spain's economy minister played down the International Monetary Fund's forecast that the Spanish economy will contract by 1.3 percent next year _ more than double its previous predictions _ saying Tuesday that the forecast is not written in stone.
FAYETTEVILLE, Ark.-- Arkansas coach John L. Smith appears to have structured the bulk of his $850,000 salary to be paid after the likely end of his bankruptcy proceedings. The contract was signed a week after Smith acknowledged publicly to The Associated Press that he was facing bankruptcy as a result of land deals gone bad in Kentucky.
WASHINGTON-- About 100 medium-sized U.S. banks will have to show how prepared they are to withstand a financial crisis next year, under a rule adopted Tuesday.
HUNTINGTON, W.Va.-- Specials Metals Corp. has laid off more than 80 workers in Kentucky and West Virginia. Special Metals' parent, Precision Castparts Corp., announced the layoffs Monday. Precision Castparts spokesman Dwight Weber attributes the decision to adverse market conditions.
JOHANNESBURG-- African leaders joined thousands of Ugandans Tuesday on an airstrip in the capital of Kampala where 50 years ago Uganda announced independence from British rule.
NEW YORK-- New York City's Henry Hudson Bridge is going cashless. Unmanned, cashless toll booths are being introduced on the Bronx- Manhattan crossing beginning Nov. 10. The toll remains the same: $2.20 with E-ZPass and $4 without.
ISLAMABAD-- A waterborne parasite commonly known as "brain-eating amoeba" has killed 10 people in Pakistan's largest city, a Pakistani official with the World Health Organization said Tuesday. Musa Khan, in charge of WHO's Disease Early Warning System in Pakistan, said the deaths were reported in the city of Karachi from March to September.
Indexes fell on Wall Street as investors reacted to another weak forecast on the global economy and ahead of the traditional start of earnings season: results from Alcoa, the aluminum maker and economic bellwether, which come out after the closing bell.