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Stocks are slumping in early afternoon trading, putting the market on course for its third straight day of losses.
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US construction spending down 0.8 percent

Martin Crutsinger, Associated Press  |  posted 29 minutes ago
U.S. construction spending fell in August, the second decline in the past three months, with housing, non-residential and government projects all showing weakness.
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Truck deals boost US auto sales in September

Dee-Ann Durbin, Tom Krisher, Associated Press  |  posted 29 minutes ago
Big discounts on pickup trucks kept U.S. auto sales strong in September.
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Coca-Cola revises executive pay after criticism

Candice Choi, Associated Press  |  posted 29 minutes ago
Coca-Cola is curtailing its pay plan for executives after shareholders including Warren Buffett called it excessive.
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Deep discount lures buyer for Revel casino

Wayne Parry, Associated Press  |  posted 29 minutes ago
As one Atlantic City casino after another shut down and left thousands of workers jobless, Mayor Don Guardian insisted that the meltdown that claimed four of his city's 12 casinos since January was actually the opportunity of a lifetime for savvy investors.
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Correction: Buffalo Silos-Beer Ad story

The Associated Press  |  posted 59 minutes ago
In a story Sept. 30 about a beer advertisement being installed on grain silos, The Associated Press erroneously reported the company that paid for the ad. The ad was paid for by Buffalo-based Labatt USA, not Toronto-based Labatt Breweries.
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Dan Gilbert testifies in Detroit bankruptcy trial

The Associated Press  |  posted Oct 1st - 10:11am
Businessman Dan Gilbert has testified during Detroit's bankruptcy trial that the city's high crime rate, poor school system, unemployment and blighted neighborhoods are its major challenges.
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5 reasons bonds may be less safe than you think

The Associated Press  |  posted Oct 1st - 10:11am
Burned by the stock-market crash during the financial crisis, investors have poured a trillion dollars into bond funds in the past six years. They like the interest payments that bonds throw off, and that their prices barely move day to day.
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Senior congressman wants Secret Service chief out

The Associated Press  |  posted 9 minutes ago
A senior Republican lawmaker says he wants Secret Service Director Julia Pierson to leave her job.
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State TV: Greece's govt to call confidence vote

The Associated Press  |  posted 9 minutes ago
Greece's troubled coalition government said it would call a vote of confidence in parliament next week, hours after the country's leftwing opposition demanded early elections citing ongoing austerity measures.
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Amazon closing distribution plant in Kansas

The Associated Press  |  posted 19 minutes ago
Amazon.com plans to close a distribution center in southeast Kansas in February, but it isn't clear how many employees the move will affect.
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NY Post settles lawsuit over 'Bag Men' cover

The Associated Press  |  posted 39 minutes ago
A settlement has been reached in a defamation lawsuit against the New York Post for its "Bag Men" cover three days after the Boston Marathon bombing.
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911 caller: Cop told man to drop gun at Wal-Mart

The Associated Press  |  posted 39 minutes ago
A 911 caller who reported a man carrying a gun in an Ohio Wal-Mart has told state investigators he heard an officer repeatedly say "put it down" about two seconds before police shot the man twice.
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Cuba announces details of currency unification

The Associated Press  |  posted 59 minutes ago
Cuba's central bank chief is giving new details about the elimination of a special currency, saying that the shift will require putting more pesos into circulation and issuing higher-denomination bills.
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STOCKS IN THE SPOTLIGHT

The Associated Press  |  posted 59 minutes ago
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.
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