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Oct 22, 2012

CBS NEWS | Coverage of final debate in Fla. -October 22, 2012-: CBS News coverage of final presidential debate in Fla.

CBS News

October 22, 2012
CBS News coverage of final presidential debate in Fla.
President Obama and Mitt Romney will debate foreign policy issues in their final meeting tonight in Boca Raton, Fla. Watch the debate on your local CBS News station or at from 9:00 to 10:30 p.m. ET. From 10:30 to 11 p.m., the CBS News team will analyze how the candidates performed.

Watch coverage of the debate and post show here.

For complete coverage of the debates, visit the Special Section: The Debates

BBC NEWS | Business: -October 22, 2012-: BP sells TNK-BP stake to Rosneft

22 October 2012 Last updated at 23:02 GMT

BP sells its 50% stake in TNK-BP to Russian state-controlled energy giant Rosneft in return for cash and shares.

BP sells TNK-BP stake to RosneftBP sign

The New York Times | Politics -October 22, 2012-: Foreign Policy Debate Puts Focus on Leadership

The New York Times

October 22, 2012



The Caucus

Foreign Policy Debate Puts Focus on Leadership

For 90 minutes tonight, President Obama and Mitt Romney will clash over specific foreign policy issues, their differences heightened by a debate intended to draw out sharp contrasts ahead of Election Day in two weeks.
A tribute to former President George W. Bush and his father, former President George H.W. Bush, was played during the Republican National Convention in August.
Political Memo

Unseen, but Looming Over the Race

For Mitt Romney, George W. Bush represents a burden to minimize, and for President Obama, the former president's record offers a shield on the economy.

More Politics

Mitt Romney headed to the beach for a coin toss in a football game between staff members and journalists on Sunday.

Campaign Boils Down to Door-to-Door Voter Drives

Florida's turnout may rest in part on volunteers' stamina in get-out-the-vote efforts. "It's going to be hand-to-hand combat all the way down," an adviser to the Romney campaign said.
Protesters on Sunday in Bahrain, where a Shiite democracy movement has been crushed.

Benghazi and Arab Spring Rear Up in U.S. Campaign

The attack in Libya last month has become the focal point of a fierce debate over what role the United States should seek to play in shaping the new order emerging from the Arab Spring.

After Benghazi Attack, Talk Lagged Behind Intelligence

The gap between the official explanations and the contemporaneous field reports on the attack in Libya illustrates the difficulty of turning raw intelligence into a coherent picture fit for officials' public statements.
Afghan forces preparing  to patrol in southern Helmand Province on Sunday.

Two Campaigns Skirt Talk of Tough Choices in Afghanistan

For either President Obama or Mitt Romney, finding a satisfactory end to the war in Afghanistan and maintaining American influence in Pakistan will be a challenge.
Representative Todd Akin debating Senator Claire McCaskill on Thursday in Clayton, Mo.

G.O.P.'s Beleaguered Akin Draws Ire Over 'Fetch' Talk

The race between Representative Todd Akin and Senator Claire McCaskill has been one of the most contentious and closely watched ones in the nation.

The Caucus

Springsteen to Give Free Concert in Virginia to Support Obama

Bruce Springsteen announced that he and the E Street Band will give a free concert on Tuesday in the swing state as part of a get-out-the-vote campaign.

Ohio Race Tightens in New Poll

Both presidential candidates have concentrated some of their most intensive campaign efforts in the Buckeye State.

Sharpening the Message for the Final Push

In the closing days of the 2012 presidential campaign, President Obama and Mitt Romney are finding sharper, punchier ways to communicate their basic arguments.

Election 2012 iPhone App

A one-stop destination for the latest political news, from The Times and other top sources around the Web. Plus opinion, polls, campaign data and video.
Oct. 21: Uncertainty Clouds Polling, but Obama Remains Electoral College Favorite
The central premise behind why President Obama is the modest favorite is very simple: he seems to hold a slight advantage right now in enough states to carry 270 electoral votes.
When It Comes to Election-Year Gender Gaps, 2012 Ranks High
If only women voted, President Obama would be headed to a big victory. If only men voted, Mitt Romney would be on his way to an easy win.


Multimedia Feature: The Second Presidential Debate
Follow along with this interactive replay of the second debate, using fact-checks and graphics to take a closer look at attacks and assertions by President Obama and Mitt Romney.
Interactive Graphic: Over the Decades, How States Have Shifted
A look at how the states stack up in the current forecast versus in past elections.

DeakBook | Afternoon Edition -October 22, 2012-: News Analysis: Cnooc's Deal for Nexen Still a Possibility

Monday, October 22, 2012
News Analysis: Cnooc's Deal for Nexen Still a Possibility The decision late Friday to reject Petronas's $5.7 billion deal for Progress Energy Resources may not indicate that the Canadian government is adopting a harder line on mergers involving foreign companies.
    White Collar Watch: An Insider Trading Case That Puts 2 Defendants at Odds Peter J. Henning says that the insider trading charges against Anthony Chiasson, a co-founder of Level Global Investors, and Todd Newman, a portfolio manager at Diamondback Capital Management, may end up with one implicating the other as part of a defense strategy.
    Revolving Door: Farallon's Founder to Leave by Year End Another hedge fund is preparing to move onto life beyond its founder, as Farallon Capital announced on Monday that its senior managing member, Thomas F. Steyer, will leave the firm at year end.
    China Insider: Candidates Debate Rise of China; China Debates Reform The presidential candidates are set to debate the rise of China tonight, but Bill Bishop says that China's next leader may wish his nation's economy were the juggernaut many Americans think it is.
    Toyota Industries to Buy Cascade for $759 Million Toyota Industries said on Monday that it planned to buy the Cascade Corporation for $759 million in cash as part of its plan to expand globally.
    Revolving Door: Former U.S. Attorney Joins Skadden Patrick J. Fitzgerald, who as the United States attorney in Chicago oversaw the prosecutions of two Illinois governors and a former Bush administration White House aide, is joining Skadden, Arps, Slate, Meagher & Flom.
    MegaFon Delays Marketing of Proposed I.P.O. One of Russia's largest cellphone companies, MegaFon, has postponed the marketing campaign for an initial public offering that it hopes to complete by the end of the year.
    Is Greg Smith Believable? The book "Why I Left Goldman Sachs" by Greg Smith, a former Goldman employee, is about how the firm's culture broke down. Yet it is oddly also a testament to some of the ways in which the Wall Street firm's culture still works.
    Permira to Buy for $1.6 Billion A consortium led by the European private equity firm Permira has agreed to buy for around $1.6 billion.
    A Rosneft oil rig in Siberia in 2007.
    Rosneft to Buy TNK-BP in $55 Billion Deal The Russian state-owned energy company Rosneft has reached agreements on two deals to acquire TNK-BP, a joint venture partly owned by the British energy giant BP.
    Graphics: Sales by BP and Ranking the Top Oil Companies BP began a series of divestitures in 2010 to pay for its oil spill in the Gulf of Mexico. Despite paying out at least $38 billion for the spill, the British energy giant remains committed to high-risk exploration in deepwater fields. From Australia to Texas, the company has been selling older, smaller assets considered to be low-growth potential.
    Buzz Tracker
    Halcon in $1.45 Billion Energy Acquisition An energy company based in Houston said on Monday that it had agreed to buy oil and natural gas assets in North Dakota from Petro-Hunt.
    Corporate Earnings Companies scheduled to report quarterly results on Tuesday include 3M, AK Steel, CIT, DuPont, Harley-Davidson, Lexmark, RadioShack, United Parcel Service, United Technologies, Whirlpool, Xerox, Amgen, Facebook and Netflix.
    In the United States On Tuesday, Gary Gensler, chairman of the Commodity Futures Trading Commission, and Mary L. Schapiro, chairwoman of the Securities and Exchange Commission, will provide updates on their agencies' priorities at the Securities Industry and Financial Markets Association's annual meeting; and Apple is expected to introduce a smaller iPad.
    DealBook Video
    Business Day Live: Economics of the Foreign Policy Debate
    Business Day Live: Economics of the Foreign Policy Debate A foreign policy debate through an economic lens. | Microsoft hopes Windows 8 will bolster the PC market. | The Weather Channel seeks reinvention as a multimedia enterprise.

Money Show Investors Daily Alert -October 22, 2012-: The Week Ahead: Will Apple Follow Google?.

Investors Daily Alert

The Daily Guru
Look For Growth at Home, Michael Cuggino

Jim Jubak on

Today's Top Pros' Top Picks

Today's Gurus' Views & Strategies

Today's Charts in Play Exclusive Interviews

SavageMoney Blog

Ideas from Around the World

Today's Featured Videos & Exclusive Interviews
Brazil Is Back, Hilary Kramer

The New York Times | Business Day | Your Money -October 22, 2012-: When to Call Your Elected Representatives for Help

The New York Times

October 22, 2012

  Business Day Your Money

Your Money
When to Call Your Elected Representatives for Help
Every member of Congress has employees who do constituent service, helping people with thorny problems, often financial, that may involve a federal agency.
Wealth Matters

Weighing the Odds of Disability, for Insurance Purposes

Disability insurance can help if you get hurt or become sick and are unable to work for several months, but it often doesn't come cheap. Is it worth it?


Call It an Uncertainty Fund, Not an Emergency Fund

Call It an Uncertainty Fund, Not an Emergency Fund

Carl Richards sketches out a new way to think about emergency fund savings accounts and lays out two central questions to ask before starting one.

Proposed Credit Card Rules Aid Spouses and Partners

The proposed rule change would let spouses and partners, age 21 or older who don't work outside the home, apply for credit based on shared income.

Navigating Medicare's Open Enrollment Period

Medicare recipients can change options during open enrollment through Dec. 7.

Morningstar's Latest Ratings of College Saving Plans

Four plans got top ratings, and four got negative ratings, in Morningstar's annual analysis of 529 plans.


Interactive Graphic: Is It Better to Buy or Rent?

The answer to the question depends on many factors. Compare the costs of buying and renting equivalent homes.

The 1% More Savings Calculator

What would happen to your savings balances if you saved just one percent more a year?

Wealth Special Section

Financial Survival in a Time of Fiscal Peril

However Congress and the White House confront the impending "fiscal cliff," the months ahead are likely to be tumultuous. What should an investor do?


A blog about consumer tactics, helping readers sort out the choices in their financial lives.
A lone recycling bin alongside trash cans on a street in Houston, which recycles only about 3 percent of its trash.

Recycling Helps, but It's Not All You Can Do for the Environment

Recycling paper and glass does indeed help the environment, though experts say all of us ought to do more.


End Is Nigh for Certain Tax Exemptions

Mortgage debt forgiven by a lender in a short sale, loan modification or foreclosure is exempt from federal taxation. But come Jan. 1 that exemption expires.


Wall St. May Not Cheer, but Obama's Been Good for Stocks

During President Obama's first 1,368 days, the stock market has painted a much rosier picture than many other economic gauges.

A Guiding Hand for Bequests, Beyond the Grave

A trust lets the wealthy leave the bulk of their estate to someone other than a spouse - say, the children of a first marriage - yet take full advantage of the unlimited marital deduction in estate tax law.
Interactive Feature: The Sketchpad: Personal Finance on a Napkin
Carl Richards, a financial planner, has been explaining the basics of money through simple graphs and diagrams.

Business in Vancouver | Today's Business News -October 22, 2012-.

Mining and Energy

Offshore oil rig

B.C. missing out on billions from offshore oil exploration: Fraser Institute

B.C. is missing out on billions of dollars of economic benefits due to a moratorium on offshore oil exploration off the coast, according to a Fraser Institute study released this morning.

Cease-traded Barkerville Gold hires consultant, drills further

Vancouver-based Barkerville Gold Mines Ltd. says it has hired a consultant and completed new drilling at its Cow Mountain deposit in a bid to have its cease-trade order lifted.

Environment and Sustainability


B.C. businesses honoured for energy conservation

BC Hydro has recognized 27 business and organization leaders for their efforts to reduce their organization's power consumption with its annual Power Smart Excellence Awards.


Haida Gwaii ocean fertilization project a hard sell

A controversial ocean fertilization experiment off the coast of Haida Gwaii may well boost salmon stocks, but verifying the levels of carbon sequestration in order to sell carbon offsets would be virtually impossible, according to a carbon expert.



Government urges collaboration among small wood lot licensees

Smaller may not be better after all, at least not in forestry. That appears to be the message the B.C. government is sending with a new plan to encourage small wood lot owners and community forests to co-operate more on a regional scale.

Ports and Shipping

Pilot project to speed cargo through Prince Rupert port

Canada and the U.S. this month launched a new border-clearance pilot project at the Port of Prince Rupert, geared at accelerating cargo movement while ensuring security.

Getting the most out of

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