Wednesday morning headlines

Stocks inching higher: The earnings news is a little brighter, thanks to Boeing lifting its full-year outlook. Dow is up 30 points.

Facebook up sharply: As in almost 22 percent this morning (though the stock is still under $24 a share). The company did well in mobile ads last quarter and that has some analysts encouraged. (Reuters)

Gas update: L.A. area prices fell another four cents overnight. An average gallon is $4.403, according to the Auto Club, which is 30 cents lower than the record-high earlier this month.

Jump in new-home sales: The increase was 5.7 percent in September as sales reached their highest level in nearly 2-1/2 years. (Reuters)

Do voters know Proposition 30?: Gov. Brown says many do not, which is one of his big challenges in raising support for the tax-raising measure. From the San Jose Mercury News:

Brown said voters have never faced "such a stark choice" as they do with Proposition 30, which would provide $6 billion annually to the state and avert $5.4 billion in cuts to schools and community colleges and another $250 million each to the University of California and California State University. "If you vote yes, you get billions into schools, or you vote no and you can yank billions out of schools and jack up tuition," the governor said in a telephone interview with this newspaper. "It's an either/or simple matter of arithmetic with monumental consequences for the whole state."

Karmazin to step down: The resignation of the Sirius CEO comes as Liberty Media, the satellite radio company's largest shareholder, is about to take over. (LAT)

World Series: The Giants and Tigers square off tonight in Game 1. Ratings wise, Fox can only hope for close games - the SF and Detroit media markets are not huge.