Top News & Analysis United States


  • Warwick, Seagal among those who owe Calif. taxes Thursday, 11 Oct 2012 | 8:27 PM ET

    SACRAMENTO, Calif.-- Two celebrities are on a notable list in California, but it's not exactly the A-list. It says Warwick, who now lives in New Jersey, owes California $2.6 million. Technology entrepreneur Halsey Minor, of San Rafael, owes the most to the state _ $10.7 million.

  • Therapy, exercise aid chemo-related menopause Thursday, 11 Oct 2012 | 8:24 PM ET

    Oct 12- Younger women who are thrust into menopause because of breast cancer treatment may get some relief from talk therapy and regular exercise, according to a study from the Netherlands.

  • By David Morgan and Tim McLaughlin. WASHINGTON/ BOSTON Oct 11- The pharmacy at the center of a deadly U.S. meningitis outbreak possibly linked to tainted steroid injections faced mounting federal and state scrutiny on Thursday, including a potential criminal probe, as the national death toll climbed to 14..

  • NEW YORK/ HOUSTON, Oct 11- Oil major BP Plc has secured U.S. government permission to ship U.S. crude oil to Canada, and Royal Dutch Shell has applied for an export license, as rising production in the world's top oil consumer upends global energy flows.

  • The company raised $637 million by pricing 22.75 million Class A shares, making it the largest tech IPO since Facebook.

  • WASHINGTON, Oct 11- Republican Mitt Romney would accelerate spending on new U.S. Navy warships, cut the Pentagon's civilian workforce and speed up development of new weapons systems if he wins the 2012 presidential election, two advisers said on Thursday.

  • Shell gets approval for Arctic oil-spill barge Thursday, 11 Oct 2012 | 7:37 PM ET

    ANCHORAGE, Alaska, Oct 11- An oil-spill barge that Royal Dutch Shell Plc needs to support drilling in Arctic waters has regulatory approval, even though it has come too late for this year's operations, officials from the U.S. Coast Guard and Shell said on Thursday.

  • Inflows for equity funds, led by gold and energy-Lipper Thursday, 11 Oct 2012 | 7:36 PM ET

    By Daniel Bases and Sam Forgione. NEW YORK, Oct. 11- U.S.-domiciled equity funds pulled in a modest $1 billion in the week ended Oct. 10, with much of the fresh cash moving into gold and energy exchange-traded funds, data from Thomson Reuters' Lipper service showed on Thursday. At the same time the broad-based equity ETFs such as State Street's SPDR S&P 500 ETF fund.

  • New Orleans Film Fest opens with 'The Paperboy' Thursday, 11 Oct 2012 | 7:34 PM ET

    NEW ORLEANS-- Louisiana- made films are being shown alongside the work of filmmakers from across the world at the New Orleans Film Festival, which opened Thursday night with a red-carpet showing of the Louisiana- shot thriller "The Paperboy."

  • NYMEX-Crude rises towards $93 on Turkey-Syria tensions Thursday, 11 Oct 2012 | 7:32 PM ET

    SINGAPORE, Oct 12- U.S. crude rose towards $93 a barrel on Friday, supported by escalating tensions between Turkey and Syria and supply disruptions at North Sea oil fields. climbed 25 cents to $92.32 a barrel in early Asia trading, after gaining nearly a dollar the previous session.

  • TOKYO, Oct 12- Greece, Spain and the euro zone's slow progress toward debt reform take centre stage at IMF meetings on Friday despite Europe's best effort to remove itself from the spotlight.

  • 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.

  • SAN FRANCISCO, Oct 11- Support among likely California voters for Governor Jerry Brown's tax measure on the November ballot has dipped below 50 percent for the first time as they learn more about it and advertising against it takes a toll, according to survey results released on Thursday.

  • NEW YORK, Oct 11- The National Arts Club was within its rights when it expelled its longtime president Aldon James after allegations that he cost the club more than $1.7 million by misusing its funds and assets, a New York appeals court ruled Thursday.

  • Investor wants $20 million for Argentine flagship Thursday, 11 Oct 2012 | 7:09 PM ET

    Argentina's government said the ruling violates international norms as well as rulings by judges in the U.S., Germany and France that found Argentine military vessels immune from the seizures.

  • John McCain Slams Ben Bernanke Thursday, 11 Oct 2012 | 7:00 PM ET
    John McCain Slams Ben Bernanke

    John McCain slams Federal Reserve Chairman Ben Bernanke and Jamie Dimon, head of JP Morgan Chase, in an interview with CNBC.

  • WASHINGTON, Oct 11- The cost of sending a letter in the United States will go up by a penny next year, the cash-strapped U.S. Postal Service said on Thursday. The Postal Service will also offer a new, global Forever stamp starting next year, which customers can use to send letters anywhere in the world for a set price of $1.10.

  • Moody's Analytics sees stronger US economy ahead Thursday, 11 Oct 2012 | 6:43 PM ET

    NEW YORK-- Moody's Analytics' chief economist thinks the U.S. economy could revive next year and cause the pace of growth to roughly double from its current rate by 2014-- unless Washington runs right over the "fiscal cliff" next year. Zandi's brighter outlook for the next two years assumes Congress and the White House tackle "fiscal issues," he writes.

  • *Bruce Bent takes Manhattan federal court witness stand. The U.S. Securities and Exchange Commission sued Bent, his son Bruce Bent II and their family-run Reserve Management firm in 2009, saying they lied to investors about the safety of their money after Lehman Brothers filed for bankruptcy on Sept. 15, 2008, intensifying a global financial crisis.

  • Southern auto industry wary of Mexican competition Thursday, 11 Oct 2012 | 6:26 PM ET

    Bill Haslam was asked at the Southern Automotive Conference on Thursday about what steps are being taken to keep investments from moving abroad, especially in light of a recent decision by German automaker Audi to build its first North American plant in Mexico. Audi is a Volkswagen subsidiary.