(Source: Boston Herald)
** Dedham-based movie theater operator National Amusements, controlled by Sumner Redstone, plans to sell $400 million of its nonvoting shares of Viacom Inc. and CBS Corp. to pay down debt.
** Babson College will set up an institute for social entrepreneurship after getting a $10.8 million gift. The Wellesley school's second-largest individual donation ever came from travel company executive Alan Lewis.
** Somerville's Second Wind, a technology provider for the wind energy industry, received a $200,000 loan from the state's Renewable Energy Trust.
** A federal judge in New Hampshire gave imprisoned former Tyco International CEO L. Dennis Kozlowski until Tuesday to say why his assets shouldn't be frozen until a lawsuit against him by his former employer and investors is settled.
** General Electric spared investors any nasty surprises as it reported a 22 percent drop in third-quarter earnings, meeting its own lowered forecast and blaming the decline on its struggling finance arm.
** The U.S. trade deficit edged down 3.5 percent to $59.1 billion in August, reflecting a drop in foreign oil from record levels.
** USA Today, the largest-circulation U.S. newspaper, will hike its newsstand price by 25 cents to $1 to counter rising newsprint costs.
- STAFF AND WIRE REPORTS
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