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Top News & Analysis United States

  • AVONDALE, Penn., Oct 11- The September U.S. employment report was "mostly good news" that shows some progress, though the labor market still has a long way to go, Charles Plosser, president of the Philadelphia Federal Reserve Bank, said on Thursday.

  • *U.S. sells $13 billion in 30- year bonds. By Richard Leong and Luciana Lopez. Treasuries prices rose on Thursday in choppy trading as worries about the health of the euro zone after a downgrade of Spain's debt and uncertainty around November's U.S. election outweighed a lackluster sale of 30- year debt.

  • NEW YORK-- It's a shopper's nightmare: Buying something, then seeing it cheaper at another store. I have been using Amazon.com Inc.' s price-checking app for about a year now and have always found the prices on the app lower than at a store. But I've never tried other popular apps by Google Inc. and eBay Inc..

  • Rating Action On Oct. 11, 2012, Standard& Poor's Ratings Services affirmed its' B-' long-term corporate credit rating on Trilogy International Partners LLC.

  • LODI, N.Y.-- Radio talk show host Glenn Beck's family had a close call when their sport utility vehicle rolled down a steep hill in New York's Finger Lakes region just after they had exited the SUV. They had just arrived at the cottage rented for the daughter's wedding reception last weekend in Lodi, on Seneca Lake.

  • CARACAS, Venezuela-- A mustachioed former bus driver who rose to become his country's top diplomat has emerged as the vice presidential pick of President Hugo Chavez as the Venezuelan leader prepares to launch a six-year term following two cancer operations.

  • *Imports fall by a surprising 3.1 percent* Canada blames Europe, U.S. economies for falling revenues* Few see Q3 economic growth meeting Bank of Canada forecast By David Ljunggren.

  • NEW YORK, Oct 11- U.S. stocks edged lower and the Nasdaq turned negative on Thursday as Apple shares fell after a legal ruling involving the sale of Samsung products and retail shares reversed course after rising on jobless claims data. The Dow Jones industrial average gained 1.27 points, or 0.01 percent, to 13,346.24.

  • *Turkey, Syria fighting reinforces worry over Middle East supply. NEW YORK, Oct 11- Oil prices rose on Thursday as tensions between Syria and Turkey escalate, reinforcing concerns about risks to the region's supply, and maintenance curbs on North Sea output continue.

  • WAYZATA, Minn.-- Agribusiness company Cargill said on Thursday that its first-quarter profit nearly quadrupled to $975 million. Still, the Minneapolis company said the impact of the U.S. drought and weather in other crop-growing areas such as the Black Sea region "is still unfolding." Revenue fell 2 percent to $33.8 billion from $34.6 billion a year ago.

  • *Deputy PM backs move after meeting Bono. Oct 11- Britain will support tough legislation for energy, mining and forestry companies to declare payments made to governments for extracting natural resources- strengthening prospects Europe will adopt rules at least as rigorous as those in the United States. A day earlier France also signaled it favors tough rules.

  • Oct 11- Fitch Ratings has affirmed MGM Resorts International's. Fitch also affirms all of MGM's and MGM Grand Paradise's transaction ratings, which are listed at the end of the release. The above considerations should improve MGM's credit profile in terms of liquidity, FCF and leverage to be more consistent with a' B' IDR over the next several quarters.

  • RICHMOND, Va.-- Virginia's general tax collections for September declined, leaving actual revenues behind a budgeted forecast for modest growth one quarter into the state fiscal year. Virginia ended the last fiscal year on June 30 with an unspent balance of $448 million. Corporate taxes were down by 18 percent, to $155 million from $188 million last September.

  • NEW CASTLE, Pa.-- A New Jersey firm has plans to build a 900 megawatt, $750 million natural gas-fired power plant in western Pennsylvania. LS Power, which has offices in East Brunswick, N.J. and St. Louis says the plant in North Beaver Township, Lawrence County, will be fueled from gas drawn from a pipeline out of Tennessee.

  • WASHINGTON, Oct 11- A U.S. appeals court overturned a preliminary injunction on the sale of Samsung Electronics Co Ltd's Galaxy Nexus smartphone on Thursday, dealing a blow to Apple Inc in a battle against Google Inc's increasingly popular mobile software.

  • *Sprint, Clearwire soar in afternoon trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp may buy a majority stake in Sprint Nextel Corp to establish a foothold in the U.S. wireless market, in what could be the largest Japanese acquisition ever in America.

  • NEW YORK-- Billionaire investor Carl Icahn plans to make an unsolicited bid for truck maker Oshkosh Corp. that values the company at almost $3 billion. The activist investor said Thursday that he will make a tender offer worth $32.50 per share in cash, a 21 percent premium over Oshkosh's latest closing price.

  • AVONDALE, Penn., Oct 11- When the U.S. Federal Reserve eventually begins to sell some of the assets it has accumulated over the last few years it risks logging losses if longer-term interest rates are rising, a top central bank official said on Thursday.

  • NEW YORK-- Tom Hanks will play a gutsy New York City newspaper columnist when he makes his debut on Broadway in the spring. Previews begin March 1 at the Broadhurst Theatre and an opening night is set for April 1.

  • *Targets areas of Nevada where little drilling seen so far. *Noble has 350,000 Nevada acres. Oct 11- Noble Energy said on Thursday it plans to explore for crude oil in areas of Nevada that have seen little drilling, as the U.S. exploration and production company starts to assess its longer-term prospects.