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AP Top Business News At 6:14 a.m. EDT

China economy grows at slowest pace in 5 years
BEIJING (AP) -- China's economic growth waned to a five-year low of 7.3 percent last quarter, raising concerns of a spillover effect on the global economy but falling roughly in line with Chinese leaders' plans for a controlled slowdown....

Cost of making 'Hobbit' movies up to $745 million
WELLINGTON, New Zealand (AP) -- The movie trilogy "The Hobbit" has so far cost nearly three-quarters of a billion dollars to make as the epic continues to set new benchmarks for studio spending....

Russian plane crash: snowplow driver was drunk
MOSCOW (AP) -- The head of French oil giant Total SA was killed at a Moscow airport when his corporate jet collided with a snowplow whose driver was drunk, Russian investigators said Tuesday....

Strike shuts Lisbon subway for 12th time this year
LISBON, Portugal (AP) -- The Portuguese government's plan to privatize debt-heavy public transport companies is meeting tough opposition from trade unions as Lisbon subway workers walked off the job for the 12th time this year....

Review: Apple Pay in action
NEW YORK (AP) -- If there ever comes a day I can ditch my wallet and use my phone to pay for everything, I'll look back to my first purchase through Apple Pay: a Big Mac and medium fries for $5.44. That wallet-free day won't be coming for a while, if ever, but Apple's new payments system brings us much closer....

A list of merchants taking Apple Pay
More than 200,000 payment locations in the U.S. are equipped to accept so-called contactless payments, including Apple Pay. Smaller merchants tend to be among the several millions that don't have the required equipment yet....

Samsung seeks boost from redesigned Note
SEOUL, South Korea (AP) -- The latest version of Samsung's popular big-screen Galaxy Note has gone on sale at a crucial time for the South Korean company as it suffers a rapid decline in profit from its global smartphone business....

World stocks take China slowdown in stride
TOKYO (AP) -- European stocks were higher and Asian markets meandered Tuesday after China's third quarter growth report pointed to a gradual rather than sharp economic slowdown....

Court rejects Lufthansa bid to block strike
BERLIN (AP) -- A German court has rejected a bid by Lufthansa to force a union representing the company's pilots to call off a strike, the latest in a string of walkouts over retirement benefits....

The meaning of 'organic' hazy for nonfood items
WASHINGTON (AP) -- There's a strict set of standards for organic foods. But the rules are looser for household cleaners, textiles, cosmetics and the organic dry cleaners down the street....

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Up to the Minute
Russian plane crash: snowplow driver was drunk

China economy grows at slowest pace in 5 years

AbbVie to pay Shire $1.64B fee over nixed merger

US airlines raise base fares on domestic flights

US agency warns car owners to get air bags fixed

Figures on government spending and debt

Ikea makes push for growth

Rates rise at weekly US Treasury auction

US regulator: Fannie, Freddie in deal with banks

UPS increases some shipping rates by 4.9 percent