×

Top News & Analysis United States

  • By Gernot Heller and James Regan. BERLIN/ PARIS, Oct 1- Airbus parent EADS and arms group BAE Systems must restructure a $45 billion merger, a top shareholder said, as a government source threatened that Britain would block talks to create the world's biggest defence company unless its demands were met.

  • COLUMBUS, Ga.-- Carmike Cinemas Inc. said Monday that it has bought 16 theaters for $19 million in cash, part of Carmike's push to expand through acquisitions. The theater chain bought the theaters, which have 251 screens, from Rave Reviews Cinemas LLC, which is owned by investment firm BV Investment Partners.

  • The Institute for Supply Management, a trade group of purchasing managers, said Monday its index of factory activity was buoyed by a jump in new orders. A separate report from the Commerce Department says U.S. builders trimmed their activity for a second straight month in August. Benchmark crude rose 43 cents to $92.62 around 10:30 a.m. in New York.

  • Oct 1- Sunshine Heart Inc said its flagship device to treat heart failure was approved for trials in the United States, sending its shares up as much as 15 percent. Sunshine Heart plans to start a pivotal trial in North America in the fourth quarter of 2012.. Sunshine Heart shares were up 7 percent at $8.94 on the Nasdaq on Monday.

  • NEW YORK-- Red Lobster isn't just for the seafood lover in you. Red Lobster also is increasing the number of dishes that cost less than $15 to attract customers who have cut back on spending. The chain, which is owned by Darden Restaurants Inc., says a quarter of the items on its menu will be non-seafood dishes, up from 8 percent.

  • WASHINGTON-- The Supreme Court on Monday declined to hear an appeal from a national anti-gay marriage group that tried to thwart Maine's campaign disclosure law requiring it to release its donor list.

  • RICHMOND, Va.-- Tredegar, which makes plastic films and aluminum extrusions, said Monday it bought aluminum extrusion maker AACOA Inc. for about $50.8 million. Tredegar said that the acquisition will add fabrication capabilities to the products and services of its subsidiary, The William L. Bonnell Co..

  • *Manufacturing in euro zone and Asia wilts in Sept. By Steven C. Johnson and Andy Bruce. NEW YORK/ LONDON, Oct 1- U.S. manufacturing grew slightly last month for the first time since May but euro zone factories suffered their worst quarter since early 2009, suggesting the region may struggle to avoid recession.

  • The airplane taking the Baltimore Orioles to St. Petersburg, Fla. on Sunday night had its flight diverted to Jacksonville because of smoke in the forward galley. The Orioles resumed their trip on the same aircraft, leaving Jacksonville International Airport at 10:15 p.m..

  • NEW YORK-- The NHL and the players' association met for a third straight day Sunday, and again avoided the troublesome money issues that are fueling the ongoing lockout. "We did not discuss core economic issues, as was the plan," NHLPA special counsel Steve Fehr said after meeting for five hours with the NHL. "

  • NEW YORK, Oct 1- The U.S. manufacturing sector expanded in September for the first time since May as new orders and employment picked up, an industry report showed on Monday. The Institute for Supply Management said its index of national factory activity rose to 51.5 from 49.6 in August, topping expectations in a Reuters poll for 49.7.

  • WAUKESHA, Wis.-- Generac Holdings Inc. offered higher-than-expected earnings and revenue guidance for the third quarter on Monday saying demand was strong for its home stand-by and portable generators due to recent, major power outages.

  • NEW YORK, Oct 1- Spanish banks' upcoming recapitalization is credit-positive but it may be insufficient, Moody's Investors Service said on Monday.

  • *Tredegar stock rises more than 3 percent. Oct 1- Tredegar Corp said on Monday that its subsidiary Bonnell Aluminum has acquired 100- percent ownership of AACOA Inc, a U.S. manufacturer of extruded aluminum for machinery and equipment.

  • VENTURA, Calif.-- A. 45- caliber gun once owned by Butch Cassidy has sold at auction in Southern California for $175,000. Cassidy, the infamous Old West bank robber, bought the revolver in a hardware store in Vernal, Utah, in 1896. He turned it over to Utah authorities in early 1900 in an unsuccessful attempt to gain amnesty.

  • *U.S. manufacturing sector expands in September* China's factory activity shrinks for 2nd month in Sept* Japan's business sentiment worsens* Euro zone manufacturing points to a new recession By Dmitry Zhdannikov.

  • TRENTON, N.J.-- Former Johnson& Johnson CEO James E. Burke, who steered the health care giant through the Tylenol poisonings in the 1980 s that resulted in the first tamper-resistant product packaging, has died.

  • LAS VEGAS-- A Brooklyn Bowl entertainment venue, a Yard House beer bar and an Asian-themed food and art marketplace are among anchor tenants coming to a master-planned complex being built at the base of a big new Las Vegas Strip observation wheel, Caesars Entertainment Corp. officials will announce Monday.

  • HELSINKI, Oct 1- Nokia Oyj has agreed to give Oracle Corp's customers access to its mapping products, as the mobile phone company seeks to expand its location services business. Oracle has developed a link between its own software and the Nokia Location Platform software, Nokia said on Monday.

  • WASHINGTON-- The White House is acknowledging an attempt to infiltrate its computer system, but says it thwarted the effort and that no classified networks were threatened. White House spokesman Jay Carney told reporters the White House is equipped with mitigation measures that identified the attack, isolated it and prevented its spread.