The Fast Money traders take a look at today's biggest market movers.» Read More
COLUMBUS, Ohio, Oct 8- Sergio Marchionne, chief executive of both Fiat SpA and Chrysler Group LLC, will revise 2- year growth plans for both automakers later this month to reflect the slump in European auto sales since 2009.. To assume that the 2010 data that was put out in Europe is going to be confirmed is nonsense. "
Financial Times Headlines INVESTOR OPPOSITION TO BAE DEAL MOUNTS- OSBORNE DELIGHTS TORY RIGHT WITH SPEECH- IRAQ SEND CRUDE OIL TO SYRIA- RECKITT ADMITS CHIEF SHARE PLEDGE BREACH- BP'S PARTNER IN TNK-BP LOOKS TO SELL STAKE- TOTAL WARNS OVER' INACCURATE' BENCHMARKS- FINANCIAL STALWARTS LINE UP TO LEAD BOE- EURO ZONE LAUNCHES 500 BLN EURO RESCUE FUND- STANCHART TARGETS SUB-SAHARAN PUSH- Overview INVESTOR OPPOSITION TO BAE DEAL MOUNTS.
SEATTLE-- Alaska Airlines said flights were running close to normal late Monday after a fiber-optic outage shut down its ticketing system for more than four hours, causing the airline and its regional carrier to cancel 78 flights, affecting nearly 7,000 customers. The problems were caused by two severed fiber-optic lines in Sprint's network.
NASHVILLE, Tenn., Oct 8- About 13,000 people in 23 U.S. states may have received steroid injections linked to a rare fungal meningitis outbreak that has killed eight people, but far fewer are likely to contract the disease, the Centers for Disease Control said on Monday.
Oct 8- A union representing engineers and technical workers at Boeing Co accused the airplane maker of videotaping members marching for contract talks, seizing their cameras and deleting photos, and said on Monday it had filed charges with the National Labor Relations Board.
NEW YORK, Oct 8- Coca-Cola Co, PepsiCo Inc, Dr. Pepper Snapple Group Inc and other beverage makers will begin displaying the calorie count of drinks sold in vending machines next year, a U.S. soda industry group said on Monday.
MELBOURNE, Oct 9- Australian shares climbed 0.5 percent to a fresh 14- month high on Tuesday on a jump in iron ore prices that helped offset concerns about global economic growth. No. 3 iron ore miner Fortescue Metals Group. rose 3.6 percent and Northern Iron.
*Society of Professional Engineering Employees in aerospace charge Boeing on. *SPEEA says filed the two charges against Boeing after receiving complaints. from members at multiple Boeing locations.
The California Public Utilities Commission has been holding public hearings over the Sept. 9, 2010, blast that killed eight people, injured others and destroyed dozens of homes in the bedroom community of San Bruno. Democratic Assemblyman Jerry Hill of San Mateo and San Bruno Mayor Jim Ruane urged the judge to continue open hearings.
Though the study did not prove cause and effect, and did not use a formal diagnosis of ADHD, it may offer insights into a condition that's estimated to have an impact on one in 10 children in the United States, researchers say. "The really important message is to eat fish," said Sharon Sagiv, the study's lead author from the Boston University School of Public Health.
TOKYO, Oct 9- Asian shares edged higher on Tuesday but were capped by concerns over global growth prospects, especially in the world's second-biggest economy China, and expected weak U.S. corporate earnings.
TOKYO-- Plagued by uncertainty and fresh setbacks, the world economy has weakened further and will grow more slowly over the next year, the International Monetary Fund says in its latest forecast. Conditions could worsen if the United States doesn't deal with its budget crisis soon, the IMF said.
*Few banks earn their costs of capital. NEW YORK, Oct 8- Banks worldwide remain scarred by the 2007-2009 financial crisis and are years away from developing new business models that will produce sustainable profits, according to a new study. "It's the banks' game to lose," Toos Daruvala, a McKinsey director who helped write the report, told Reuters.
CARACAS, Venezuela-- During his re-election campaign, President Hugo Chavez promised to deepen the "21st century socialism" that has meant an ever-greater state role in the economy. Chavez faces immediate economic time bombs beginning with a rapidly expanding public debt, one of Latin America's highest inflation rates and a weakening currency.
SAN JUAN CAPISTRANO, Calif.-- Federal regulators disclosed Monday that the proposed restart of the long-shuttered San Onofre nuclear power plant in California could lead to an exhaustive review that might last months or even years.
LOS ANGELES, Oct 7- Liam Neeson thriller "Taken 2" captured the No. 1 spot on movie box office charts over the weekend with a brawny $50 million take from theaters in the United States and Canada.
TOKYO, Oct 9- Japan's Nikkei share average was seen starting weak on Tuesday as concerns grow that companies will slash full year forecasts when they announce quarterly earnings, after the World Bank warned China's slowdown could be more protracted than thought.
NBC's Tom Costello reports on the outbreak of meningitis tied to a contaminated drug, saying as many as 13,000 people may have received one of the contaminated steroids.
COLUMBUS, Ohio, Oct 8- Sergio Marchionne, the chief executive of Fiat SpA and Chrysler Group LLC, said that he will revise his business plan for both automakers to account for the deterioration of the European auto market since 2009.. Marchionne will update his plans for 2013 and 2014 on Oct. 30, he told reporters Monday in Columbus, Ohio.
MELBOURNE, Oct 9- Australian shares eked out a 0.1 percent gain early on Tuesday, with support from higher iron ore prices countered by concerns about the global growth outlook after the IMF cut its economic forecasts for the second time since April.