Schering-Plough's Shares Fall After Earnings Miss (Update3) (Bloomberg.com)
Oct. 22 (Bloomberg) -- Schering-Plough Corp. fell the most in more than six years in New York trading after third-quarter earnings missed analysts' estimates because of higher research costs and slower growth for its cholesterol drugs.

NY proposes $175 billion for transportation as deficit grows (AM New York)
A decline in tax revenues in a slowing economy will result in a $4.3 billion budget deficit, $651 million worse than projected in July, according to a budget report issued Tuesday.