×

Top News & Analysis United States

  • NEW YORK-- Kraft Foods Group and Mondelez International are now trading as two separate public companies. Mondelez's stock gained 2 cents to $27.84 in Tuesday morning trading. Shares of Kraft Foods Group, based in Northfield, Ill., added 61 cents to $44.71.

  • Homeland Security Secretary Janet Napolitano described it as a "logical development in close security, economic and people-to-people" ties between the U.S. and Taiwan.

  • LONDON-- It was a meeting of the two most famous British people on the planet: Queen Elizabeth II turned to her tuxedo-wearing guest and said, "Good evening, Mr. It introduced a dapper but deadly secret agent who wore Savile Row suits, drove an Aston Martin, liked his martinis shaken, not stirred, and announced himself as "Bond, James Bond."

  • NEW YORK, Oct 2- Fortescue Metals, the fourth-largest iron ore producer in the world, is launching a $4.5 billion covenant-lite refinancing term loan, sources told Thomson Reuters LPC. Fitch said the loan will be guaranteed by Fortescue Metals Group Limited and its subsidiaries, which represent more than 95 percent of the group's assets and net income.

  • MONTPELIER, Vt.-- The Vermont state airports in Morrisville and Newport are going to receive more than $900,000 in federal grants to buy equipment, design a project and conduct an environmental assessment.

  • FRANKFORT, Ky.-- Kentucky has recommended that the Anthem Preferred Provider Organization serve as the benchmark plan for insurers in Kentucky under federal health care reforms. Kentucky also is recommending that the Kentucky Children's Health Insurance Program be the benchmark plan for pediatric vision and dental services.

  • Sales rose for most automakers, led by gains of more than 30 percent for Toyota and Volkswagen. Toyota sales rose 42 percent from a year earlier, while Volkswagen jumped 34 percent from September 2011. Nissan, which has been hurt as Toyota and Honda recover from last year's earthquake in Japan, saw sales fall 1.1 percent.

  • is in advanced talks to combine its T-Mobile USA unit with MetroPCS, three sources familiar with the situation said on Tuesday, as the German telecoms group seeks to stem a decline in customers at its U.S. business.

  • MONACA, Pa.-- Shell Oil Co. is offering to make payments to replace lost local taxes if a multi-billion dollar petrochemical plant is built in western Pennsylvania.

  • DENVER-- The Colorado Oil and Gas Conservation Commission is considering statewide rules on groundwater sampling and monitoring at new well pads. The commission on Monday began discussing the state's so-called "setback" rules on how far wells must be from buildings.

  • CHEYENNE, Wyo.-- The U.S. Environmental Protection Agency has approved plans to build a natural gas-fired power plant in Cheyenne. Black Hills Corp. said Monday that it would move ahead with plans to begin construction on the $237 million, 132- megawatt plant now that it's gotten a greenhouse gas air permit from the EPA.

  • What CFOs are more concerned about is how consumer confidence may be affected by next month's presidential election, according to an annual poll by BDO USA, the assurance, tax and financial consulting firm.

  • JUNEAU, Alaska-- The health care and social assistance industry is expected to see the largest rate of job growth in Alaska this decade. It estimates that Alaska will add nearly 40,000 jobs during that period, an increase of 12 percent, with nearly all sectors gaining.

  • U.S.-traded shares of Toyota Motor Corp. were slipped 22 cents to $76.85 although Japan's largest automaker said sales rose 42 percent. Honda Motor Co. sales rose 31 percent but its shares dropped a penny to $30.58. Nissan Motor Co. shares rose 11 cents to $16.84 although September sales declined by 1 percent.

  • NASHVILLE, Tenn.-- Little Big Town is having a moment. Karen Fairchild, one of the two women in the group, likes to think that a particular handbag purchase pushed "Pontoon" over the top.

  • TORONTO, Oct 2- Ford Motor Co's Canadian vehicle sales dropped 8 percent in September from a year earlier, while Chrysler Canada said its sales rose 2 percent, its best September since 2000.. Chrysler, a unit of Fiat SpA, said September sales rose 2 percent to 19,555 vehicles, with year-to-date sales up 6 percent at 194,572..

  • BERLIN, N.H.-- Mitt Romney is a part-time resident of this tiny state, and his fiscally conservative, socially moderate tenure as governor of neighboring Massachusetts once seemed a good match for New Hampshire's independent and libertarian-leaning electorate.

  • NEW YORK, Oct 2- Hedge fund manager David Einhorn said he thinks fast food restaurant chain Chipotle Mexican Grill Inc will face significant competition and additional costs, making it an attractive "short." He said competition from Taco Bell will be tough for Chipotle. Chipotle's stock was down 6.5 percent to $295.68 after Einhorn's remarks.

  • LITTLE ROCK, Ark.-- The president of an organization leading the fight against cramped cages for pregnant pigs said Tuesday he's seeking a spot on Tyson Food Inc.' s board of directors to put more pressure on the nation's second-largest pork processor to abandon the crates.

  • DENVER-- A report from Attorney General John Suthers says a law cracking down on the payday lending industry saved Coloradans nearly $100 million last year. A new law limits the term of payday loans from about two weeks to a minimum of six months.