AP News

AP Top Extended Financial Headlines At 12:49 p.m. EST

Stock market erases an early loss and turns higher on signs of progress in budget talks

Time without electricity difficult and frustrating, but similar to outages of other big storms

Twinkie maker Hostess moves to wind down operations, lay off its 18,500 workers

Superstorm Sandy and cautious businesses hold back US factory production in October

Defense lawyers accuse Justice Department of making BP workers scapegoats for 2010 rig blast

Shares of OfficeMax, with stake in Boise Cascade, pending IPO

Foot Locker posts 61 pct increase in 3rd-qtr net income on higher sales from existing stores

IKEA regrets use of forced prison labor by suppliers in communist East Germany

Shares of Ruckus Wireless tumble in first hours of trading on the New York Stock Exchange

Nike reaches deal to sell Cole Haan brand to private equity firm Apax for $570M

Toyota's Hydrogen Man
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