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  • Restaurant chain Steak 'n Shake targets Mideast Tuesday, 9 Oct 2012 | 9:04 AM ET

    The diner-style chain said on Tuesday it and regional partner Saleh Bin Lahej Group plan to open 40 restaurants starting next year across the United Arab Emirates, a seven-state federation that includes the cities of Dubai and Abu Dhabi.

  • WHY IT MATTERS: Labor Tuesday, 9 Oct 2012 | 9:04 AM ET

    A unionized job once meant a secure path to a middle-class life. President Barack Obama has signed a series of executive orders that encourage the use of union labor in federal construction projects, ease union financial reporting requirements and more.

  • Merck moving its global headquarters Tuesday, 9 Oct 2012 | 9:03 AM ET

    WHITEHOUSE STATION, N.J.-- The drugmaker Merck& Co. announced Tuesday that it will move its global headquarters within New Jersey as it looks to lower operating expenses and consolidate its properties. The company's headquarters are moving about 25 miles east from Whitehouse Station to another Merck site in Summit, which is about 12 miles west of New York City.

  • *Honduras: Threats to kill 2 Cabinet ministers Tuesday, 9 Oct 2012 | 9:01 AM ET
  • Haiti PM announces sin tax to pay for education Tuesday, 9 Oct 2012 | 8:59 AM ET

    PORT-AU-PRINCE, Haiti-- Haiti's government wants to raise $100 million for a special education fund by putting additional taxes on alcohol, cigarettes and gambling, the Caribbean nation's prime minister said Monday.

  • 13,000 got suspect steroid shots; risk uncertain Tuesday, 9 Oct 2012 | 8:58 AM ET

    NEW YORK-- As many as 13,000 people received steroid shots suspected in a national meningitis outbreak, health officials said Monday. Those injected in joints are not believed to be at risk for fungal meningitis, said Curtis Allen, a spokesman for the Centers for Disease Control and Prevention.

  • *Dominican Republic, Haiti in 10-year cholera fight Tuesday, 9 Oct 2012 | 8:56 AM ET
  • *Airline: 3 people killed in Antigua plane crash Tuesday, 9 Oct 2012 | 8:55 AM ET
  • Nickelodeon TV says Romney skipped kids' questions Tuesday, 9 Oct 2012 | 8:54 AM ET

    LOS ANGELES-- Mitt Romney may want to reconsider his campaign strategy involving the pint-size voters of tomorrow. The Republican presidential candidate skipped the chance to take part in Nickelodeon's "Kids Pick the President" special that includes President Barack Obama, said Linda Ellerbee, the show's host and executive producer.

  • Gas prices set California record Tuesday, 9 Oct 2012 | 8:51 AM ET

    SAN FRANCISCO-- California has set a state record for gasoline prices _ but the hikes may be slowing. The highest average price in the state, at $4.75, is in the San Luis Obispo, Atascadero and Paso Robles area.

  • In close race, Obama and Romney showing confidence Tuesday, 9 Oct 2012 | 8:50 AM ET

    SAN FRANCISCO-- Exactly one month from Election Day, Republican Mitt Romney and President Barack Obama are both declaring they will win a race for the White House that remains anything but clear. Their trails are crossing again in Ohio, the state that could decide the election, and signs of urgency are emerging from each campaign.

  • Man arrested on suspicion of defacing Rothko work Tuesday, 9 Oct 2012 | 8:48 AM ET

    LONDON-- British police on Monday arrested the man who told journalists he was responsible for scrawling graffiti on a mural by modern American master Mark Rothko at London's Tate Modern museum.

  • Jim Lehrer: No regrets for debate moderating Tuesday, 9 Oct 2012 | 8:47 AM ET

    NEW YORK-- Jim Lehrer said Monday that he accomplished precisely what he wanted to while moderating the first presidential debate: get Mitt Romney and Barack Obama talking to each other.

  • Julius Baer eyes 1,000 job cuts after Merrill deal Tuesday, 9 Oct 2012 | 8:47 AM ET

    GENEVA-- Swiss private bank Julius Baer says it plans to cut about 1,000 jobs from Merrill Lynch's wealth management operations outside the United States following a deal to buy the unit from Bank Of America.

  • Review: 'Fable: The Journey' casts Kinect magic Tuesday, 9 Oct 2012 | 8:46 AM ET

    When the Kinect system was unleashed two years ago for the Xbox 360, there were promises that the camera-based, gesture-detecting gadget could turn users' bodies into paintbrushes, allow them to chat with a virtual lad named Milo, transform real-world skateboards into digital ones and transport wannabe Jedis to a galaxy far, far away.

  • MRC Global issues strong 3Q outlook Tuesday, 9 Oct 2012 | 8:42 AM ET

    HOUSTON-- MRC Global Inc. on Tuesday issued strong third-quarter financial guidance and raised the high end of its revenue prediction for the full year. The Houston- based global energy products distributor, which went public in April, said it expects to post third-quarter net income of between 45 cents and 52 cents per share.

  • Sears expects $446.5M in proceeds from offering Tuesday, 9 Oct 2012 | 8:25 AM ET

    HOFFMAN ESTATES, Ill.-- Sears expects to receive about $446.5 million in gross proceeds from an offering tied to the spinoff of its Hometown and Outlet stores. Sears Holdings Corp. had signaled in February that it would split off the companies as a separate publicly traded entity.

  • US futures mixed ahead of US earnings season Tuesday, 9 Oct 2012 | 8:14 AM ET

    NEW YORK-- Stock futures were mixed Tuesday with a new outlook on the global economic landscape y providing markets with fewer reasons to overlook what is likely to be a weak quarter for many of the biggest U.S. corporations.

  • Ahead of the Bell: Shoe Carnival upgraded Tuesday, 9 Oct 2012 | 8:10 AM ET

    NEW YORK-- Sterne, Agee& Leach is boosting its ratings on Shoe Carnival, citing sales and better-than-expected store growth potential. Shoe Carnival already has 17 leases signed for next year and 10 others that are close to being signed, Poser said. Poser raised his rating on Shoe Carnival Inc. to "Buy" from "Neutral" and gave a $28 price target.

  • Spain Red Cross seeks funds for crisis poor Tuesday, 9 Oct 2012 | 8:10 AM ET

    MADRID-- Spain's Red Cross is launching its first-ever public appeal for donations to help the growing number Spaniards in need of help because of the country's economic crisis. The agency helped some 2 million people in Spain last year, most of who were in need of food or money. Spain is in its second recession in three years with near 25 percent unemployment.