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Top News & Analysis United States

  • CINCINNATI-- Laser eye surgery provider LCA-Vision Inc. said Tuesday that LasikPlus procedures decreased 8 percent in the third quarter, and the company said coverage of the upcoming presidential election is partly to blame. LCA-Vision reported 11,510 LasikPlus procedures in the third quarter, down from 12,444 a year ago.

  • Benchmark oil dropped 59 cents to end at $91.89 per barrel in New York. Brent crude, which is used to price international varieties of oil, fell 62 cents to $111.57 per barrel in London. At the pump, the national average for gasoline was unchanged at $3.78 per gallon, according to AAA, Wright Express and the Oil Price Information Service.

  • *In one case, payment of more than $7 mln held up over $100 invoice. *Caution shows government taking appropriate care-CEO By Ayesha Rascoe and Roberta Rampton. WASHINGTON, Oct 2- A year after the U.S. government raced to meet a deadline to finish loan agreements with dozens of clean energy companies, less than half the total money promised has been handed over.

  • DALLAS-- Oil tycoon T. Boone Pickens and his fourth wife, Madeleine, are filing for divorce. Boone Pickens is an Oklahoma native who made much of his fortune in oil drilling.

  • NEW YORK, Oct 2- A Florida fund manager admitted on Tuesday to tricking investors out of $13 million by falsely telling them he had put their money in coveted shares of Facebook Inc and Groupon Inc before the Internet companies went public.

  • NEW YORK-- Analysts for Cowen and Co. started coverage of a group of companies that make tests used to diagnose infectious diseases, assigning top ratings to companies including Cepheid, Hologic Inc., and Meridian Bioscience Inc..

  • KANNAPOLIS, N.C.-- Stewart-Haas Racing announced some much-needed sponsorship Tuesday when Quicken Loans said it will double its commitment to Ryan Newman. Quicken Loans, a new sponsor in NASCAR this year and the primary backer for nine races with Newman, will return for 18 races next year.

  • NEW ORLEANS-- A federal judge on Tuesday dismissed claims by BP fuel stations and convenience stores that the 2010 oil spill in the Gulf of Mexico diminished the value of the oil giant's brand and cost them business.

  • NEW YORK, Oct 2- The U.S. State Department has said it believes American journalist Austin Tice, who disappeared in Syria in August, is alive and being held by the Syrian government.

  • 1030/ 1430: The Energy Information Administration issues weekly petroleum stocks and output data. 2100/ 0100: President Barack Obama and Republican presidential nominee Mitt Romney participate in 90- minute debate. ----------------------------------------------------------DIARY- Federal Reserve Events U.S.

  • LOS ANGELES, Oct 2- Japan's Sumitomo Corp. The photovoltaic solar project is being built by First Solar Inc and has agreements in place to provide power to California utilities Southern California Edison and Pacific Gas& Electric. It is expected to be fully operational by 2015, according to First Solar's website.

  • WHAT: Institute for Supply Management Non-Manufacturing. FORECASTS Reuters IFR Previous ISM index 53.2 52.9 53.7. --by Theodore Littleton of IFR Markets, a unit of Thomson Reuters.

  • *Unemployment rate likely edged up to 8.2 percent* Average hourly earnings seen nudging up 0.2 percent* Report will underscore Fed's anxiety over weak jobs market By Lucia Mutikani.

  • NEW YORK, Oct 2- U.S. natural gas futures ended higher on Tuesday for a sixth day, as cool forecasts for the Northeast and Midwest and rising demand offset early profit taking and technical selling after recent strong gains.

  • ATLANTA, Oct 2- The percentage of U.S. high school students who drink and drive has dropped by more than half in two decades, in part due to tougher laws against driving under the influence of alcohol, federal health officials said on Tuesday.

  • NEW YORK-- The financial losses are starting to pile up as a result of the NHL lockout. In speaking to reporters after talks finished up for the day between the NHL and the NHLPA, Deputy Commissioner Bill Daly estimated that the league has lost $100 million in revenues from the canceled preseason.

  • NEW YORK-- An analyst cut his rating on shares of Starwood Hotels& Resorts Worldwide Inc. on Tuesday because of the weaker global economy. Raymond James' William Crow lowered his rating to "Outperform" from "Strong Buy" for the operator of the Sheraton, Westin, W and St.

  • TORONTO, Oct 2- General Motors Co said on Tuesday its Canadian vehicle sales jumped 8 percent last month, while Chrysler Canada, with a 2 percent increase, turned in its highest September sales total since 2000..

  • MIAMI-- Dwyane Wade will not be wearing Jordan Brand sneakers and apparel. Wade said his time with Converse and Jordan has been an "unbelievable nine years." Wade made the switch from Converse to Jordan Brand in 2009. Both are owned by Nike Inc..

  • *Deutsche Telekom shares up 1.3 pct, MetroPCS up 17 pct. By Edward Taylor and Nadia Damouni FRANKFURT/ NEW YORK, Oct 2- Deutsche Telekom. is in talks to merge its T-Mobile USA unit with MetroPCS and take a majority stake in the combined wireless service provider, the German company said on Tuesday.