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  • The selloff, which put the S&P 500 at its lowest since August 7, followed weak data from Germany, Europe's largest economy, and comments from a Fed official who suggested investors had unrealistic expectations about the Fed's eventual rate increase. "Investors are focused on the uncertainty about the economy," said Michael Yoshikami, CEO and founder at...

  • *Brent oil at two-year lows under $90 a barrel. NEW YORK, Oct 9- Wall Street stocks slumped 2 percent on Thursday as anxieties about global economic growth smothered a short-lived rally in equity markets around the world that was sparked by speculation the Federal Reserve would not rush interest rate rises. "You just look at the global picture, the concerns in...

  • *Wall St plunges, German recession fears mount as exports drop. NEW YORK, Oct 9- Brent broke below $90 a barrel on Thursday for the first time since the summer of 2012, joining a rout in U.S. crude and gasoline prices as sinking stock prices, Europe's worsening outlook and surging oil inventories hammered energy markets. Gary Ross, chief executive of PIRA Energy Group,...

  • NEW YORK, Oct 9- Brent broke below $90 a barrel on Thursday for the first time since the summer of 2012, joining a rout in U.S. crude and gasoline prices as sinking stock prices, Europe's worsening outlook and surging oil inventories hammered energy markets. "You can draw as many technical support levels as you like on these markets from the charts, but none may really...

  • NEW YORK, Oct 9- Wall Street slumped on Thursday as anxieties about global economic growth smothered a short-lived, Federal Reserve-sparked rally in equity markets around the world. Energy stocks were big losers on Wall Street, where leading indices were off sharply at mid session. The MSCI index of world stocks was off 0.9 percent at 407.53.

  • NEW YORK, Oct 9- Brent crude tumbled to near a two-year low on Thursday then steadied above $91 a barrel, with Europe's worsening outlook and surging U.S. oil stockpiles keeping the pressure on a market that has lost more than a fifth of its price since June. Germany, Europe's No. 1 economy, in August experienced its largest plunge in exports since the height of the...

  • *Wall St shrugs off encouraging jobless report. *Brent oil under $91 a barrel. NEW YORK, Oct 9- Concerns about lackluster growth in world economies sent Wall Street and other world stock markets lower on Thursday, reversing a Federal Reserve-sparked rally a day earlier.

  • NEW YORK, Oct 7- Bond insurer MBIA was told two weeks ago about a server breach that compromised the data of thousands of local U.S. government entities, but it did not address the problem until earlier this week, according to the cyber security expert who discovered the intrusion. MBIA said on Tuesday it had been notified that some client information at its...

  • NEW YORK, Oct 7- World oil prices resumed a months-long rout on Tuesday to close at their lowest in more than two years, pressured by reduced economic and demand growth forecasts. The International Monetary Fund cut its global economic growth forecasts for the third time this year, warning of weaker growth in core euro zone countries, Japan and Brazil.

  • NEW YORK, Oct 7- The trustee of Hubbell Inc's controlling family trusts is evaluating alternatives for their holdings, which could lead to a shakeup at the $7.2 billion U.S. electrical equipment maker, according to people familiar with the matter. The trustee, which oversees family trusts that control a significant portion of Hubbell's voting power, has tapped...

  • Coast Guard sector issues new steps on Ebola virus Tuesday, 7 Oct 2014 | 11:32 AM ET

    The Coast Guard had issued a nationwide bulletin about Ebola in August, reminding vessels they are required to report if anyone on board was sick or had died within the last 15 days. Coast Guard spokesman Carlos Diaz said local commands can supplement that message. If a vessel coming to the Long Island Sound area has, the Coast Guard will ask whether anyone on board...

  • Oct 6- Point72 Asset Management LP, the renamed SAC Capital Advisors LP founded by billionaire Steven A. Cohen, said it will reorganize its equities business into seven units along sector and geographic lines. SAC Capital Advisors agreed to pay $1.8 billion to resolve criminal and civil probes, in what the U.S. Department of Justice said was the largest insider...

  • Oct 6- Wealthy Americans contributed less of their incomes to charity while low and middle-income residents gave more in the years surrounding the Great Recession, according to a newly released report by The Chronicle of Philanthropy. Idaho, Georgia, Connecticut and Florida also ranked high on the list of increased givers. Utah residents gave the biggest...

  • *Treasury to sell $61 bln in new debt over week. NEW YORK, Oct 6- U.S. Economy Ministry data showed German industrial orders plunged by 5.7 percent in August, while the Sentix research group's index tracking morale among investors in the euro zone tumbled to negative 13.7 in October from negative 9.8 the previous month.

  • Hackers' attack struck systems at 10 companies Saturday, 4 Oct 2014 | 12:00 AM ET
    File photo: Participants at a hacking conference in Germany

    The cyberattack on JPMorgan Chase was one of the most serious computer intrusions into a US business. It could have been worse. The NY Times reports.

  • BOSTON, Oct 3- Two U.S. states are investigating the theft of 83 million customer records from JPMorgan Chase& Co in a massive cyberattack uncovered over the summer, and more may soon join, Reuters learned on Friday. Special Assistant Attorney General William Brauch, director of the Iowa Department of Justice's Consumer Protection Division, told Reuters that...

  • BOSTON, Oct 3- Two U.S. states are investigating the theft of 83 million customer records from JPMorgan Chase& Co in a massive cyberattack uncovered over the summer and more may soon join, Reuters learned on Friday. Special Assistant Attorney General William Brauch, director of the Iowa Department of Justice's Consumer Protection Division, told Reuters that...

  • Bingham is in talks to combine with Morgan, Lewis& Bockius of Philadelphia in a deal that could be approved as soon as this month, and Bingham could file for bankruptcy if the deal doesn't go through, management has told people at the firm. In a firm meeting last week, Bingham managing partner Steven Browne told partners that the firm was exploring other options...

  • NEW YORK, Oct 3- A federal appeals court signaled that former Jefferies Group Inc managing director Jesse Litvak has a good chance to overturn his conviction for defrauding mortgage bond investors after the 2008 financial crisis. The 2nd U.S. Circuit Court of Appeals on Friday granted Litvak's bid to stay out of prison while he appeals his March 7 conviction by a...

  • Entry-level punch lines: Comedians' first jobs Friday, 3 Oct 2014 | 8:45 AM ET

    NEW YORK, Oct 3- If there's anything this crazy world needs right now, it's more laughs. In Reuters' latest installment of our First Jobs series, where we talk to prominent American achievers about the early gigs that set them on the path to success, we spoke to a few of the country's top comedians. "I worked at a restaurant at the Tashua Knolls golf course in my hometown of...