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U.S. proposes safety fines against UAL, USAir

U.S. aviation regulators proposed on Wednesday $9.2 million of combined safety-related fines against US Airways Group and UAL Corp's United Airlines , officials said.

Oil rises above $75 on economic optimism

Oil hit a record high for the year above $75 a barrel on Wednesday as economic optimism hinted at a recovery in global energy demand.

US chemical makers seen poised to beat expectations

U.S. chemical makers are poised to post stronger-than-expected third-quarter earnings, but demand for their products could cool later this year as government stimulus programs unwind, industry experts say.

U.S. working women see appearance as key: survey

Nearly all U.S. working women believe that their professional appearance is crucial to success at work, and one in five female executives say they have withheld a promotion or a raise due to the way an employee dresses, according to a survey released on Tuesday.

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PersonalFinance: Homeowners as landlords

Many homeowners are turning into landlords -- reluctantly sometimes, when they have to move but cannot sell their homes.

Abbott profit up on Humira demand, special gain

Abbott Laboratories Inc said its third-quarter profit rose 37 percent on strong demand for its Humira arthritis drug and nutritional products, as well as gains from a settlement with Medtronic Inc.

Climate talks may go to last minute

The world may have to wait until the dying seconds of a U.N. climate summit in December for a global deal to channel business dollars into low-carbon energy, industry and analysts said on Wednesday.

Oil up over 1 percent on weak dollar, economy

Oil rose more than 1 percent toward $75 a barrel on Wednesday, boosted by a weak dollar and optimism about a global economic rebound that will lead to higher energy demand.

JPMorgan slowly taking more risk in commodities

JPMorgan Chase & Co has gradually increased the risk it takes trading commodities and the second-largest U.S. bank is approaching levels last seen before the financial crisis rocked global markets.

Wal-Mart offering no-contract wireless plans

Wal-Mart Stores Inc said on Wednesday it will begin offering two new no-contract wireless service plans at its U.S. discount stores, including a $30 prepaid plan that includes 1,000 minutes.

Dow nears 10,000 on earnings optimism

The Dow Jones industrials climbed to within striking distance of 10,000 on Wednesday for the first time in a year on better-than-expected company results and U.S. retail sales data.

GE takes two new stakes in clean technology start-ups

General Electric Co unveiled two investments in start-up clean technology businesses on Wednesday as part of its strategy of focusing on ways for business to generate and use energy more efficiently.

GE takes two new stakes in clean technology startups

General Electric Co unveiled two investments in startup clean technology businesses on Wednesday as part of its strategy of focusing on ways for business to generate and use energy more efficiently.

Pakistani jets bomb militants, more troops move

Pakistani aircraft bombed Taliban fighters in their South Waziristan bastion on Wednesday as more soldiers and tanks moved in for an expected offensive against the militant hub.

House panel hammers at OTC derivatives rules

A U.S. congressional committee started nailing down details of a bill to regulate over-the-counter derivatives on Wednesday, seeking to advance a key part of the Obama administration's broad plan to tighten bank and capital markets oversight.

New Jersey governor's race a virtual tie: poll

The New Jersey governor's race is virtually tied between Democratic incumbent Jon Corzine and Republican Christopher Christie after months in which the challenger held the lead, a poll released on Wednesday said.

Fayyad to Obama: Tell Israel no Mickey Mouse state

Palestinians will not be pushed into accepting the Mickey Mouse state which Israel has in mind for them as part of a peace deal, Prime Minister Salam Fayyad warned Wednesday.

Clinton raps Russia over rights on reset trip

U.S. Secretary of State Hillary Clinton wrapped up a European tour Wednesday by calling on Russia to uphold human rights and prevent attacks on activists who challenge the Kremlin.

Dow nears 10,000 on strong profits

The Dow Jones industrials neared the 10,000 milestone on Wednesday for the first time in a year as robust results from JPMorgan Chase & Co and Intel Corp boosted the outlook for earnings.

Blackstone CEO sees more than green shoots

Private equity giant Blackstone Group's chief executive said the worst of the industry's problems had passed, with improved capital and equity markets finally providing an opportunity to do deals and sell existing investments through IPOs.

Bicycle injuries in U.S. becoming more severe

Bicycle injuries in the US have become more severe and there has been a marked increase in chest and stomach injuries.

Dow nears 10,000 on JPMorgan, Intel results

Stocks jumped on Wednesday after JPMorgan Chase & Co posted a surge in profit, following stronger numbers from Intel Corp a day earlier in an auspicious start to third-quarter earnings season.

Retail sales down overall in Sept, rise excluding autos

U.S. retail and food services sales fell 1.5 percent in September compared with August due mostly to a sharp decline in motor vehicle and parts sales, the U.S. Commerce Department reported on Wednesday.

JPMorgan shares jump on profit surge

JPMorgan Chase & Co quarterly profit rocketed to forecast-beating $3.6 billion as bond trading revenue surged, boosting optimism about a strengthening rebound in top Wall Street banks.

Wall Street jumps on JPMorgan, Intel results

Stocks jumped on Wednesday after JPMorgan Chase & Co posted a surge in profit, following stronger numbers from Intel Corp a day earlier in an auspicious start to third-quarter earnings season.

For many U.S. wealthy, housing crisis still a squeeze

Despite some signs that the worst of the U.S. residential housing crisis may be over, many wealthy homeowners are still being squeezed by the combination of weak home prices and the stock market crash.

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