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Wires

  • FAYETTEVILLE, Ark.-- Arkansas coach John L. Smith appears to have structured the bulk of his $850,000 salary to be paid after the likely end of his bankruptcy proceedings. The contract was signed a week after Smith acknowledged publicly to The Associated Press that he was facing bankruptcy as a result of land deals gone bad in Kentucky.

  • WASHINGTON-- About 100 medium-sized U.S. banks will have to show how prepared they are to withstand a financial crisis next year, under a rule adopted Tuesday.

  • JOHANNESBURG-- African leaders joined thousands of Ugandans Tuesday on an airstrip in the capital of Kampala where 50 years ago Uganda announced independence from British rule.

  • HUNTINGTON, W.Va.-- Specials Metals Corp. has laid off more than 80 workers in Kentucky and West Virginia. Special Metals' parent, Precision Castparts Corp., announced the layoffs Monday. Precision Castparts spokesman Dwight Weber attributes the decision to adverse market conditions.

  • Oct 9- Super Micro Computer Inc:. *Thinkequity cuts Super Micro Computer Inc price target to $11 from. Reuters Station users, click. 1568.

  • LONDON, Oct 9- European shares extended losses to a session low on Tuesday, led by falls on Wall Street as concerns around the outlook for corporate earnings continued to weigh on sentiment, sending investors into safehaven government bonds.

  • October 09- Following are terms and conditions. of a bond priced on Tuesday.

  • Turkey's government meanwhile cut its growth forecast for 2012 on Tuesday to 3.2 percent from 4 percent, and its 2013 projection to 4 percent from 5 percent. The yield on Turkey's two-year benchmark bond. Turkey's main share index closed up 0.93 percent 68,062 points, outperforming a 0.01 percent fall in the emerging markets index.

  • By Andrew Callus and Douglas Busvine. LONDON/ MOSCOW, Oct 9- The billionaires who co-own Russian oil venture TNK-BP and want to buy out partner BP have told the British company they would rather sell their half of the $50 billion business than end up in a devalued partnership with state-backed rival bidder Rosneft.

  • ISLAMABAD-- A waterborne parasite commonly known as "brain-eating amoeba" has killed 10 people in Pakistan's largest city, a Pakistani official with the World Health Organization said Tuesday. Musa Khan, in charge of WHO's Disease Early Warning System in Pakistan, said the deaths were reported in the city of Karachi from March to September.

  • Indexes fell on Wall Street as investors reacted to another weak forecast on the global economy and ahead of the traditional start of earnings season: results from Alcoa, the aluminum maker and economic bellwether, which come out after the closing bell.

  • WASHINGTON, Oct 9- For details of the U.S.

  • DIRECTV, one of the world's leading providers of digital entertainment services, and CBS Corporation, one of the world's leading content providers, today announced renewal of their content carriage agreements.

  • October 09- Following are terms and conditions. of a bond priced on Tuesday.

  • NEW YORK-- New York City's Henry Hudson Bridge is going cashless. Unmanned, cashless toll booths are being introduced on the Bronx- Manhattan crossing beginning Nov. 10. The toll remains the same: $2.20 with E-ZPass and $4 without.

  • SAN FRANCISCO-- The average price of regular gas in California has inched up to $4.671 a gallon, making it the highest in the nation for another day. AAA reported the price was higher than Monday's price of $4.668, which also was an all-time high for the state. California usually converts to the gas on Oct. 31.

  • BISMARCK, N.D.-- A recent study of the cost of maintaining North Dakota's county and township roads is being expanded to include bridges. The Upper Great Plains Transportation Institute at North Dakota State University did the study at the Legislature's request.

  • Afghanistan's first female rapper Sosan Firooz pleads into her microphone. She sings about repression of women, her hopes for a peaceful Afghanistan and the misery she says she experienced as a small child living in neighboring Iran.

  • LUXEMBOURG-- Europe made little progress Tuesday in its efforts to secure the region's stricken financial system and ensure that failing banks never risk an entire country's economy again when finance ministers from the 27- country European Union failed to agree on how a single banking supervisor should be set up.