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Top News & Analysis United States

  • WASHINGTON, Oct 10- Many U.S. companies are less optimistic about doing business in China even though sales there are still rising, and most of those firms are planning to increase investment, according to an annual survey of business executives released on Wednesday.

  • DANA POINT, Calif., Oct 9- A plan by Southern California Edison to reopen its crippled San Onofre nuclear power plant, whose outage has increased the chance of power cuts in the region, is not certain to be approved, the U.S. Nuclear Regulatory Commission said.

  • *Doubts over German backing for $45 bln aerospace merger* UK Takeover Panel deadline at 1600 GMT* BAE shares down 0.9 pct By Sophie Sassard and Jason Neely.

  • NEW YORK, Oct 10- True Religion Apparel Inc:.

  • Oct 10- Danaher Corp and Cooper Industries agreed to sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion, joining the growing trend among U.S. conglomerates to shed non-core assets.

  • Oct 10- Record-high California retail gasoline prices began to ease on Wednesday, receding from nearly $5 a gallon, even as further refinery disruptions threatened to slow the decline. The average price of a gallon of regular gasoline in the state dipped by a half cent to $4.666, according to the AAA Fuel Gauge website, easing from the previous day's record.

  • *Alcoa beats expectations but cautions of slowdown. *Yum Brands defies China sluggish growth, raises outlook.

  • HOUSTON-- An airline passenger who says she's a law school student from Mexico has been arrested in a Texas heroin smuggling case. Federal prosecutors in Houston on Tuesday announced the arrest of 21- year-old Yessica Chanel Cabanillas-Torres, who remains in custody pending a detention hearing.

  • BETHESDA, Md.-- Room rates continued to climb during Host Hotels& Resorts' third quarter and occupancy improved as the lodging real estate investment trust's funds from operations climbed 12 percent. Funds from operations rose to $127 million, or 17 cents per share, for the period ended Sept. 7.

  • SAN FRANCISCO, Oct 10- Groupon Inc launched a point-of-sale service called Breadcrumb across the United States on Wednesday as the world's largest daily deal company tries to win more restaurants as clients. Groupon acquired the business in May. Groupon is a pioneer in daily deals, which are heavily discounted online offers for local services.

  • WASHINGTON-- Car owners whose air bags have been replaced in the past three years may have had dangerous counterfeit bags installed, the Obama administration warned Wednesday.

  • *CVC, Partners Group, H.I.G. Capital invest more in debt. When Swedish buyout firm EQT bought BSN Medical earlier this year, another private equity house, Switzerland's Partners Group, lent the bandage-making business it had previously co-owned a chunk of the 1.8 billion euros needed to finance the deal.

  • Oct 10- Matador Resources Co:. *The borrowing base was increased to $200 million, up from the previous borrowing base of $125 million. *Plans to use increased borrowing capacity to continue to execute Eagle Ford drilling program in south Texas.

  • Oct 10- Select seasonally adjusted historical data from Mortgage Bankers Association's weekly mortgage application survey:.

  • *Government will carry 2012 budget until new one passed. JERUSALEM, Oct 10- Finance Minister Yuval Steinitz said on Wednesday Israel's financial stability will be maintained in 2013, despite an early election called after the government was unable to agree on a budget.

  • SAN FRANCISCO, Oct 10- Data-center company IO has raised $90 million from venture-capital backers, the company said on Wednesday, illustrating the growing profile of enterprise-oriented investments compared to consumer companies in Silicon Valley.

  • *Amazon has 21 movie projects, 9 TV projects in development. *Amazon to post trial videos and seek feedback. SAN FRANCISCO, Oct 10- Amazon.com Inc is producing its own movies and TV programming using the consumer tracking and data crunching skills it developed while becoming the world's largest Internet retailer.

  • The PIMCO Total Return Fund, the world's largest mutual fund with about $278 billion in assets, attracted roughly $6.25 billion in new money in the third quarter, according to Morningstar. Meanwhile, the DoubleLine Total Return Bond Fund was second with $4.45 billion in assets.

  • Oct 10- Applications for U.S. home mortgages fell last week as demand for refinancing eased slightly but purchase applications rose to their highest levels since June, an industry group said on Wednesday.

  • Danaher Corp. and Cooper Industries said Wednesday that they will sell a tool making business they created two years ago as a joint venture for about $1.6 billion to private equity firm Bain Capital.