St. Louis Fed President James Bullard says the US labor markets are relatively tight, and may put upward pressure on inflation. » Read More
NEW YORK-- At the Missouri college where Quazi Mohammad Rezwanul Ahsan Nafis enrolled, a classmate said he often remarked that true Muslims don't believe in violence.
NEW YORK-- Quazi Mohammad Rezwanul Ahsan Nafis was a terrible student in his native Bangladesh, and his middle-class parents say he persuaded them to send him off to study in the U.S. as a way of improving his job prospects.
ST. LOUIS-- Reinsurance Group of America Inc.' s net income rose 7 percent in the third quarter, but the company said its operating income declined, mostly because of higher-than-expected claims in the U.S. and Australia.
The benefit of recent downpours was more pronounced in states such as Iowa, the nation's biggest corn producer. Thursday's update showed that 63.9 percent of Iowa still is in extreme or exceptional drought _ the worst two classifications _ in what marked an improvement of nearly 12 percentage points from a week earlier.
Shares of Centene Corp. soared Wednesday after the health insurer said it will end a contract to administer Medicaid coverage in Kentucky that had hampered its performance. A Centene official said in a brief statement that they "do not believe there is a viable path to a sustainable managed care program in Kentucky."
FRANKFORT, Ky.-- A Medicaid managed care provider in Kentucky is seeking to terminate its contract with the Cabinet for Health and Family Services after only a year, a move that would cut some 200 jobs in Lexington. Kentucky has three other Medicaid contractors.
BELLEVILLE, Ill.-- The families of a three babies sickened by a rare bacterial infection, including a 10- day-old Missouri infant who died, filed a lawsuit Tuesday against the Illinois- based manufacturer of a powdered baby formula that they believe is responsible.
CHICAGO-- The NFL is doubling down on London. The league announced Tuesday that the Minnesota Vikings will host the Pittsburgh Steelers at London's Wembley Stadium on Sept. 29, 2013. This is the first time the NFL will play two regular-season games in London in the same season.
NEW YORK-- Television ratings for baseball's division series are down from last year. Its two division series broadcasts _ Game 2 of Detroit- Oakland and Game 3 of St. Louis- Washington _ averaged a network-record 1.2 million viewers, whereas two afternoon games on TBS last season averaged nearly twice that. TBS is a unit of Time Warner Inc..
Federal Reserve Bank of New York President Dudley speaks before a National Association for Business Economics conference in New York, 8 a.m.. Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, October 2012" before a group of business and government leaders in Roanoke, Virginia, 12:45 p.m..
*Worries persist over whether Spain will request aid. Treasuries prices advanced on Friday as data showed muted underlying U.S. inflation, with investors looking ahead to a key European Union leaders' summit, a possible bailout request from Spain and more data in the coming week.
Oct 12- Wells Fargo& Co's independent brokerage business has expanded in Florida and Oregon with veteran adviser teams that joined the company from rival firms UBS Wealth Management Americas and Bank of America's Merrill Lynch.
*Worries persist over whether Spain will request aid. Treasuries prices rose on Friday as data showed muted underlying U.S. inflation, with investors looking ahead to a key European summit, a possible bailout request from Spain and more data in the week ahead. Some analysts said Spain could put off asking for help.
NEW ORLEANS-- All four players punished in the NFL's bounty investigation have filed appeals with the league. One of the people also says New Orleans linebacker Jonathan Vilma expects to play at Tampa Bay on Oct. 21 while his appeal is pending.
Enterprise Holdings provides half of all car rentals in the $22 billion U.S. car rental market, and has a big lead over No. 2 Hertz Global Holdings Inc, even after that company buys Dollar Thrifty Automotive Group.
*Worries persist over whether Spain will request aid. NEW YORK, Oct 12- U.S. Worries on whether Spain will ask for a full-blown bailout to help its struggling economy stoked safety bids for Treasuries, while the Federal Reserve's latest bond purchase added to gains in longer-dated debt, analysts said.
ST. LOUIS, Oct 11- Big U.S. banks should become smaller to make any failure more manageable, a senior Federal Reserve official said on Thursday, supporting a suggestion that the size of banks be limited to a specific percentage of U.S. gross domestic product. Louis Federal Reserve President James Bullard told reporters.
TORONTO, Oct 11- Canada's main stock index rose slightly on Thursday, recovering from three days of losses that culminated in a five-week low, encouraged by U.S. employment data and comments from the IMF that were seen as supporting stability in the euro zone.
ST. LOUIS, Oct 11- Big U.S. banks should be reduced in size to make their future failure more manageable, a senior Federal Reserve official said on Thursday, supporting a suggestion that banks' size be limited to a specific percentage of U.S. gross domestic product.
NEW CASTLE, Pa.-- A New Jersey firm has plans to build a 900 megawatt, $750 million natural gas-fired power plant in western Pennsylvania. LS Power, which has offices in East Brunswick, N.J. and St. Louis says the plant in North Beaver Township, Lawrence County, will be fueled from gas drawn from a pipeline out of Tennessee.