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US Bank Earnings Up

Posted: 8:55 AM U.S. banks earned more from July through September than in any other quarter over the past six years.

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Wall Street Midday

Posted: 9:05 AM Stocks are mostly lower in midday trading following an unexpected contraction in U.S. manufacturing last month.

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Monday Oil Prices

Posted: 8:49 AM The price of oil is higher on word that China's manufacturing sector grew last month for the first time in more than a year.

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'Cliff' Talks: White House Waiting on GOP Move

Posted: 4:04 PM Treasury Secretary Tim Geithner says Republicans need to make the next move in negotiations to head off the tax hikes and spending cuts known as the "fiscal cliff."

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NY Appeals Court Tosses 2 Convictions In Tax Case

Posted: 10:34 AM A New York federal appeals court has reversed the convictions of two former Ernst & Young partners. They were accused of defrauding the United States by selling illegal tax shelters to wealthy individuals.

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Big Rivalry, Big Bucks Could Come To An End

Updated: 8:38 AM It's arguably the biggest game of the year for the Wolf Pack Football Team, which will meet Boise State head-to-head Saturday afternoon at Mackay Stadium While no titles are at stake, it's still huge rivalry, and means money to local businesses to cater to fans. Boise may be going to another conference next year. That will put an end to a great match-up and perhaps the business it brings to local bars and clothing stores.

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Oil Prices Lower

Posted: 8:59 AM Oil prices are lower as traders remain unsure whether positive U.S. economic news signals an increase in demand for fuel.

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Nintendo Wii U is Hot Seller

Updated: 6:55 AM Nintendo says it has sold more than 400,000 of its new video game console, the Wii U, in its first week on sale in the U.S.

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Car Owners Fall Behind on Payments

Posted: 4:54 AM New consumer credit data show that more Americans fell behind on their auto-loan payments in the third quarter, when back-to-school shopping and other needs traditionally put a strain on consumers' wallets.

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Busiest DMV Day

Updated: 6:34 PM If you had some unfinished business at the Department of Motor Vehicles Monday was not the day to complete it. DMV staff calls it "Black Monday" because of all the transactions they handle on this day. Wait times were predicted to double or even triple.

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Schapiro Stepping Down

Posted: 8:26 AM Mary Schapiro is stepping down as chairman of the Securities and Exchange Commission after helping lead the U.S. government's regulatory response to the 2008 financial crisis.

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Thanksgiving Steals Sales from Black Friday

Posted: 10:14 AM This year's Friday results may have been tempered by hundreds of thousands of shoppers hitting sales Thursday evening while still full of Thanksgiving dinner.

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Bus Load Of Locals

Updated: 6:55 PM On this Black Friday, many shoopers are focued on getting the best deals possible. Others want to make their buck count and look for local retailers to do their shopping. One local event allowed local women to do just that.

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Foreclosure Rates Going Down in Reno Area

Updated: 9:19 AM Foreclosure rates in Reno-Sparks decreased for the month of September over the same period last year, according to newly released data from CoreLogic.

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McDonald's Replaces Big Cheese

Posted: 6:31 AM McDonald's Corp. is replacing the head of its U.S. operations after the world's biggest hamburger chain reported its first monthly sales decline in nearly a decade.

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Hostess Bakers Go on Strike

Posted: 5:55 AM About a dozen workers began picketing at a Hostess Brands plant in Sacramento honoring a bakers' union strike at the bankrupt company's plants across the country.

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Nevada Gaming Up in September

Posted: 7:45 AM State officials say Nevada gambling revenues were up more than 3 percent in September compared with the same month a year ago.

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US Business News

  • Bausch Nears $9 Billion Sale to Valeant
    Bausch & Lomb is nearing a deal to sell itself to Valeant Pharmaceuticals for about $9 billion.
  • P&G Doesn't Have 'Any Bigger Problem'
    Procter & Gamble's finance chief said the restoration of A.G. Lafley to the helm of the consumer-products giant doesn't signify larger problems at the company nor a dramatic shift in strategy.
  • P&G Chief Replaced by Old Boss
    Procter & Gamble said A.G. Lafley has rejoined the company as president and chief executive, succeeding Bob McDonald.
  • Factory Deaths Raise Fast Fashion Doubts
    Deadly accidents in Bangladesh factories have people questioning the costs of "fast fashion," a design trend pioneered by Spanish labels that relentlessly rotate collections to keep new styles on store racks.
  • Nokia, HTC Battle Over Patents
    Nokia filed two new complaints against Taiwanese rival HTC for alleged patent infringement, continuing a battle in the fiercely competitive smartphone market.
  • News Corp. Board Approves Split
    News Corp.'s board approved the company's separation into two publicly traded entities, moving a step closer to splitting its entertainment businesses from the publishing division.
  • Trains Leave Pipeline in Lurch
    A $2 billion pipeline project intended to ship oil from West Texas's booming oil fields to California has failed to pique the interest of several big refiners in the Golden State. The culprit: the growing popularity of railroads.
  • Chile Fines Barrick Gold Over Big Mine Project
    Shares in Barrick Gold were halted Friday, just after the Chilean government fined the world's largest gold miner $15.8 million for alleged breaches in environmental controls at its flagship Pascua-Lama mine.
  • Mitsubishi Motors Proposes to Resume Dividends
    Mitsubishi Motor is asking shareholders to approve a reduction in its capital to wipe away cumulative losses that would allow it to resume dividend payments for the first time in 16 years.
  • Exxon Looks at Papua New Guinea Gas Assets
    Exxon is in talks with Houston-based InterOil to invest in gas assets owned by the latter in Papua New Guinea, a move that could cement the country's outlook as a new energy exporter.
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