Travelers in the Asia-Pacific region are expected to spend $216-billion next year, according to a new eMarketer report. » Read More
WASHINGTON-- American Express is paying $112 million in refunds and fines to settle regulators' accusations that it charged unlawful late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services. American Express is refunding $85 million to about 250,000 customers and is paying $27.5 million in civil fines.
*Euro zone heading toward recession, China still slowing. NEW YORK, Oct 1- U.S. stocks advanced on Monday after a surprise expansion in U.S. manufacturing last month eased concerns about the economy and offset a gloomier outlook in Asia and Europe.
BOSTON-- The cost of a gallon of gasoline inched up by a penny in Massachusetts in the past week. AAA Southern New England reports Monday that self-serve, regular is now selling for an average of $3.84 per gallon. A year ago at this time the Massachusetts average price was $3.45.
*La Presse reports SNC made "dubious payments" to win Montreal contract.
Barrett, president and CEO of Community Newspaper Holdings Inc., in Montgomery, Ala., was elected during the group's meeting in Naples on Monday. The new treasurer is Gregg K. Jones, president and CEO of Jones Media in Greeneville, Tenn. He's co-publisher of The Greenville Sun.
Under legislation that goes into effect on Nov. 1, Internet sites carrying content banned in Russia will be placed on a register, after which Internet providers will have one day to block access. Google Inc, the owner of YouTube, said it was ready to block access of the film to users in Russia once it received the court's decision, the RIA agency reported.
In addition to the refund to about 250,000 customers, American Express will pay civil penalties totaling $27.5 million to the CFPB, Federal Deposit Insurance Corp, the Federal Reserve and the Office of the Comptroller of the Currency.
Oct 1- Syncrude Canada Ltd, a Canadian oil sands company that counts Suncor Energy Inc and Nexen Inc. as partners, will start a project that may extend the life of its Mildred Lake mine in Alberta by about a decade. unit Mocal Energy and Murphy Oil Corp.
SIOUX FALLS, S.D.-- South Dakota's state climatologist sees some hope for drought recovery next year, but not this fall. Drought Monitor map shows about 75 percent of South Dakota in severe, extreme or exceptional drought. "At this point, we won't catch up this fall," Dennis Todey told the Argus Leader newspaper. "
SEATTLE, Oct 1- Microsoft Corp is launching its own news operation as part of its new-look MSN website when Windows 8 launches later this month. Microsoft sold its 50 percent stake in news website MSNBC.com in July to longtime partner NBCUniversal, now majority-owned by Comcast Corp.
PORTLAND, Ore.-- The AAA auto club reports the average price of a gallon of gasoline in Oregon is $3.99. That's up 2 cents in a week and down 3 cents from a month ago. Portland $3.96, Salem $3.97, Eugene- Springfield $4, and Medford- Ashland $4.03.
BELLEVUE, Wash.-- The average price of a gallon of gasoline in Washington remains above $4 a gallon. The AAA auto club reports the average price in the state Monday is $4.03.
MORGANTOWN, W.Va.-- West Virginia University School of Dentistry students are being offered a financial incentive to stay in the state after they graduate. David Felton says 35 percent of West Virginia's dental workforce will retire in the next decade. The loan reimbursement program will help WVU graduates fill that void.
DEARBORN, Mich.-- AAA Michigan says gasoline prices have fallen 2.2 cents during the past week to a statewide average of about $3.88 per gallon. Of the Michigan cities it surveys, AAA Michigan said the cheapest price for self-serve unleaded fuel is in the Lansing/ E. Lansing areas, where it's about $3.83 a gallon.
BOSTON, Oct 1- A strong culture will set people up for success, and you need to be sure that's in place when you are weighing up job offers, says Harvard Business Review. The Management Tip of the Day offers quick, practical management tips and ideas from Harvard Business Review and HBR.org. Any opinions expressed are not endorsed by Reuters.
Peer Steinbrueck has long been critical of a proposed treaty that would see Germany receive billions of euros from Switzerland in return for dropping a demand to get the names of suspected tax cheats.
SAN DIEGO-- Apricus Biosciences Inc. said Monday it will ask Canadian regulators to approve its antifungal drug MycoVa in late 2013, and the company's shares rose in morning trading. Apricus said Health Canada feels that a new analysis of the company's clinical trials of MycoVa is sufficient to support its request for marketing approval.
SEATAC, Wash.-- All Nippon Airways puts a Boeing 787 into daily service Monday on the Tokyo- Seattle route. The flight from Tokyo is scheduled to arrive just before 11 a.m. at Sea-Tac Airport. The airline started the Seattle- Tokyo route in July, using a Boeing 777..
New Mexico- based Sunland Inc. has expanded its recall of peanut butter and almond butter to include cashew butters, tahini and blanched and roasted peanut products.
LONDON, Oct 1- The downturn of the world's manufacturing sector eased slightly in Septmeber as output and new orders declined at a slower pace, a business survey showed on Monday.