Peabody Energy, the world's largest privately owned coal producer, filed for U.S. bankruptcy protection on Wednesday. » Read More
Oct 12- CVS Caremark Corp said on Friday it has not been contacted by the U.S. government regarding alleged claims the drugstore chain refilled prescriptions and sought reimbursement for them without the approval of patients.
Rating Action On Sept. 21, 2012, Standard& Poor's Ratings Services affirmed its' BBBpi' counterparty credit and financial strength ratings on Pekin Life Insurance Co.. PLIC is majority owned by Farmers Automobile Group and its wholly-owned subsidiary, Pekin Insurance Co. We rate PLIC on a stand-alone basis.
NEW YORK-- Shares of Sears Holdings Corp.' s spinoff of its Hometown and Outlet Stores are rising on their debut trading day. The Hoffman Estates, Ill., company, which runs Kmart and Sears stores, had signaled in February that it would split off Sears Hometown and Outlet Stores Inc. as a separate publicly traded entity.
The opposition campaign is funded primarily by the Confederated Tribes of Grand Ronde, which runs Spirit Mountain Casino, the nearest casino to Portland. The new Oregon casino would be owned by PDX Entertainment company, a corporation with about 19 shareholders created in March and based in Lake Oswego.
*Kraft will not pay royalties to Green Mountain* Maxwell House to sell unlicensed Keurig-style cups* Green Mountain stock falls, recovers By Martinne Geller.
AUSTIN, Texas-- Lance Armstrong can never ride again in the world's top cycling races. His cancer-fighting foundation, however, plans to plunge ahead, despite the sanctions laid on Armstrong by the U.S. Anti-Doping Agency and its blistering report that portrays the cyclist as cheating his way through seven Tour de France victories.
SOUTH BEND, Ind.-- A federal judge is scheduled to decide how long a former Indiana surgeon captured in Italy after five years on the run will spend in prison after pleading guilty to 22 counts of health care fraud. He was arrested on a mountain in Italy in December 2009, more than five years after he disappeared during a vacation.
CHICAGO-- Just three weeks after the resolution of Chicago's first teachers' strike in a quarter-century, Mayor Rahm Emanuel's efforts to improve schools face more upheaval with the resignation of the public school system's CEO.
NEW YORK, Oct 12- U.S. stocks were poised for modest gains at the open on Friday, in the wake of sterling results from JP Morgan and data showing inflation pressure remained in check. Investors remained concerned over the prospects for corporate profit growth, in light of the tepid economies in the U.S. and Europe.
DANVILLE, Ky.-- In a spirited debate that laid out stark choices, Joe Biden and Paul Ryan teed up pointed arguments on the economy, social policy and America's place in the world that President Barack Obama and GOP rival Mitt Romney now will drive forward into the campaign's final stretch.
CHICAGO, Oct 12- There aren't too many places left to look for higher yields these days.
Outside groups have spent about $60 million trying to help GOP candidates since June 1 and about $49 million trying to help out Democratic candidates, according the Sunlight Foundation.
HOFFMAN ESTATES, Ill.-- Sears Holdings has completed the spinoff of its Hometown and Outlet stores. Sears Holdings Corp. received $446.5 million in gross proceeds. Sears Holdings, which also runs Kmart, said Thursday that Sears Hometown is expected to start trading on the Nasdaq on Friday under the "SHOS" ticker symbol.
NEW YORK-- Shares of Sears Holdings Corp.' s spinoff of its Hometown and Outlet Stores are declining on its debut trading day. The Hoffman Estates, Ill., company, which runs Kmart and Sears stores, had signaled in February that it would split off Sears Hometown and Outlet Stores Inc. as a separate publicly traded entity.
Oct 12- Two vice presidents at Caterpillar Inc. The retirements of four senior executives at nearly the same time, as well as the shuffling of five other executives to different positions, come less than a month after Chief Executive Doug Oberhelman cut Caterpillar's 2015 earnings forecast, citing slumping demand and rising commodity prices.
Oct 11- Two of Caterpillar Inc's five group presidents are retiring, a loss of key talent as the world's largest maker of tractors, excavators and other heavy equipment tries to navigate the rough global economy.
TOKYO, Oct 12- Japan's Nikkei average is likely to rebound on Friday from its lowest close in more than two months, but concerns over the quarterly earnings season means the benchmark is still on track for a fourth straight week of losses. Mobile operator Softbank Corp will be in focus as it looks to buy roughly 70 percent of U.S. Sprint Nextel Corp.
PEORIA, Ill.-- Caterpillar said on Thursday that long-time executives Rich Lavin and Gerard Vittecoq are retiring, and the heavy-equipment maker named their replacements. Lavin was Caterpillar's group president for Construction Industries and Growth Markets.
*Kraft will not pay royalties to Green Mountain. *Green Mountain stock falls, recovers. NEW YORK, Oct 11- Kraft Foods Group Inc plans to sell Maxwell House and Gevalia single-serve coffee pods compatible with Keurig brewing systems, in another blow to Keurig parent Green Mountain Coffee Roasters Inc.
MINNEAPOLIS-- Despite the drought that parched much of the rest of the country, 2012 is shaping up as a pleasant surprise for many Minnesota farmers who are expected to harvest record corn and sugarbeet crops. "It went better than we thought it would _ by a long ways _ that's for sure," southwestern Minnesota corn and soybean farmer Scott Johnson said with a laugh.