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Top News & Analysis United States

  • RICHMOND, Va.-- Virginia's poultry industry provides nearly 14,000 jobs and has an economic impact totaling more than $8 billion, according to a study released Friday. The report found that the poultry and egg industries in Virginia provide 13,480 direct jobs and indirectly contribute to a total of 41,710 jobs.

  • CLEVELAND-- Parker Hannifin Corp. said Friday that it is buying Velcon Filters LLC from a private equity firm for an undisclosed price. Velcon, based in Colorado Springs, Colo., is owned by The Sterling Group LP and has approximately 300 employees globally.

  • *Iran will defeat "conspiracy" against the rial, aide says. DUBAI, Oct 5- Iran will defeat a "conspiracy" against its foreign currency and gold markets, an adviser to supreme leader Ayatollah Ali Khamenei said on Friday, with pressure mounting on the authorities to deal with the rapid collapse of the rial.

  • PARIS, Oct 5- France will not rule out buying shares from Lagardere that would raise its stake in a merger of EADS and BAE, a French government source said on Friday, raising the prospect of a deal-breaking clash with Britain.

  • DENVER-- A subsidiary of Hitachi Ltd. will open a research and development center in suburban Denver in a move expected to create hundreds of new jobs during the next five years, it was announced Friday.

  • NEW YORK-- Dutch chip maker NXP Semiconductors on Friday inadvertently re-released a statement narrowing its third-quarter adjusted earnings and revenue forecasts. The company originally said on Sept. 13 that it anticipates adjusted earnings between 53 cents and 59 cents per share. Its prior guidance, issued July 24, was for 50 cents to 62 cents per share.

  • Oct 5- Southwest Airlines Co reported softer September traffic on Friday as fewer passengers boarded its planes, and its shares were off 1.5 percent as a widely watched revenue measure was below some analysts' expectations. In the third quarter, unit revenue likely increased about 1 percent, Southwest added.

  • The announcement Friday by Lehman Brothers Inc and Lehman Brothers International Europe comes four years after Lehman, once Wall Street's fourth-largest investment bank, filed for bankruptcy at the height of the 2008 global financial crisis.

  • NEW YORK, Oct 5- HollyFrontier Corp said on Friday it had returned its 70,300- barrels-per-day Tulsa East refinery in Oklahoma to normal rates after the company completed repairs on a diesel hydrotreater damaged by an August fire. HollyFrontier had said on Aug. 8 that repairs would take six to eight weeks.

  • OMAHA, Neb.-- The Nebraska Supreme Court on Friday upheld the dismissal of a lawsuit brought by an Omaha man convicted of investment fraud against his former business attorney. On Friday, the Nebraska Supreme Court agreed and upheld the dismissal.

  • LONDON, Oct 5- Asian spot prices of liquefied natural gas lost more ground this week as weaker import demand across key winter delivery periods forced some producers to sell distressed cargoes at knockdown prices.

  • SAN JOSE, Calif.-- Tessera Technologies Inc., which licenses miniaturization technology for electronic devices, says that it will give its CEO options to buy 550,000 shares of its stock if the company successfully spins off one of its business segments.

  • WASHINGTON, Oct 5- The U.S. housing bust has saddled the country with an "extraordinary" level of abandoned properties, inflicting heavy costs on the wider community which may warrant government aid to ease the problem, a top U.S. central banker said on Friday.

  • Nutritional supplements seller ViSalus Inc and semiconductor company Cortina Systems Inc also withdrew their IPOs last month. Dave& Buster's owns and operates stores that combine dining and entertainment, providing a casual dining menu with a range of entertainment options. Dave& Buster's is majority backed by Oak Hill Capital Partners.

  • TEMA, Ghana-- Ghanaian officials on Friday refused to release an Argentine naval ship that was seized in the West African nation due to a complaint by a U.S. hedge fund. Officials of the Ghana Ports and Harbors Authority told The Associated Press they will release the ship only after they receive a court order.

  • --Las Vegas- based gaming operator Caesars Entertainment Corp. announced plans to finance a redevelopment of Bill's Gamblin' Hall& Saloon on the Las Vegas Strip through an indirect wholly owned subsidiary. The company is an indirect wholly owned subsidiary of Las Vegas- based Caesars Entertainment Corp..

  • SAN FRANCISCO, Oct 5- California gas prices rose 17 cents a gallon overnight due to supply disruptions at some refineries and seasonally low inventories, bringing the one-week increase in the Golden State to nearly 36 cents. The average retail price of gasoline was $4.486 on Friday morning, up from $4.315 on Thursday and $4.131 a week ago, according to AAA data.

  • TALLAHASSEE, Fla.-- An appellate court is urging the Florida Legislature to reconsider a state law that makes injured employees pay employers' legal costs if they lose good faith workers compensation appeals. A three-judge panel of the 1st District Court of Appeal in Tallahassee made that recommendation Friday in upholding such an order.

  • WASHINGTON-- The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years and giving President Barack Obama a potential boost with the election a month away.

  • CONCORD, N.H.-- The New Hampshire Department of Health says it's not aware of any illnesses in the state associated with the recall of ready-to-eat bags of select flavors of popcorn. Manufacturer Dale and Thomas Popcorn is voluntarily recalling select flavors of Popcorn, Indiana- brand products because of possible Listeria contamination.