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  • Unemployment rates for Northeastern US cities Wednesday, 3 Oct 2012 | 3:13 PM ET
  • Oil drops 4 pct on signs of slower growth in China Wednesday, 3 Oct 2012 | 3:08 PM ET

    Oil fell the most in five months on Wednesday as China's slowing economy raised questions about the strength of global oil demand. Benchmark oil fell $3.75, or 4.1 percent, to $88.14 per barrel Wednesday in New York.

  • UConn not planning to name center for Calhoun Wednesday, 3 Oct 2012 | 2:53 PM ET

    HARTFORD, Conn.-- Connecticut's athletic director says the university is looking for a sponsor to step forward and secure the naming rights for its planned basketball training center and has no plans to name the building after newly retired basketball coach Jim Calhoun.

  • Union recommends workers reject CL&P contract Wednesday, 3 Oct 2012 | 2:12 PM ET

    Union negotiators say workers and Connecticut Light& Power are still far apart on staffing and overtime issues and rejection of the proposed four-year agreement will automatically authorize a strike, though a work stoppage is by no means certain.

  • Utility workers to vote on unpopular CL&P contract Wednesday, 3 Oct 2012 | 1:35 PM ET

    Union negotiators say workers and Connecticut Light& Power are still far apart on staffing and overtime issues and rejection of the proposed four-year agreement will automatically authorize a strike, though a work stoppage is by no means certain.

  • Boeing, GE cement order for 85 737s worth $6B Wednesday, 3 Oct 2012 | 1:05 PM ET

    NEW YORK-- Boeing Co. and the commercial aircraft leasing and financing arm of General Electric Co. have agreed on a firm order for 85 737 s. With this order, GE Capital Aviation Services has ordered 580 airplanes directly from Boeing since 1995..

  • INSTANT VIEW 5-U.S. service sector picks up in Sept-ISM Wednesday, 3 Oct 2012 | 10:20 AM ET

    PAUL EDELSTEIN, ECONOMIST, IHS GLOBAL INSIGHT, LEXINGTON, MASSACHUSETTS. But exports orders fell again given what's happening in Europe and China and employment also slowed from August. If things don't deteriorate further in Europe and China, we should avoid a recession but the economy will not expand fast enough to create more job growth. "

  • INSTANT VIEW 4-U.S. service sector picks up in Sept-ISM Wednesday, 3 Oct 2012 | 10:17 AM ET

    NEW YORK, Oct 3- The pace of growth in the vast U.S. services sector picked up in September as new orders accelerated, though employment cooled, an industry report showed on Wednesday. STEVEN WOOD, CHIEF ECONOMIST, INSIGHT ECONOMICS, DANVILLE, CALIFORNIA. THOMAS DI GALOMA, MANAGING DIRECTOR, NAVIGATE ADVISORS, STAMFORD, CONNECTICUT.

  • INSTANT VIEW 3-U.S. service sector picks up in Sept-ISM Wednesday, 3 Oct 2012 | 10:16 AM ET

    THOMAS DI GALOMA, MANAGING DIRECTOR, NAVIGATE ADVISORS, STAMFORD, CONNECTICUT. WILLIAM LARKIN, FIXED INCOME PORTFOLIO MANAGER, CABOT MONEY MANAGEMENT, SALEM, MASSACHUSETTS. STEPHEN STANLEY, CHIEF ECONOMIST, PIERPONT SECURITIES, STAMFORD, CONNECTICUT.

  • INSTANT VIEW 2-U.S. service sector picks up in Sept-ISM Wednesday, 3 Oct 2012 | 10:09 AM ET

    NEW YORK, Oct 3- The pace of growth in the vast U.S. services sector picked up in September as new orders accelerated, though employment cooled, an industry report showed on Wednesday. WILLIAM LARKIN, FIXED INCOME PORTFOLIO MANAGER, CABOT MONEY MANAGEMENT, SALEM, MASSACHUSETTS. STEPHEN STANLEY, CHIEF ECONOMIST, PIERPONT SECURITIES, STAMFORD, CONNECTICUT.

  • INSTANT VIEW 1-U.S. service sector picks up in Sept-ISM Wednesday, 3 Oct 2012 | 10:08 AM ET

    NEW YORK, Oct 3- The pace of growth in the vast U.S. services sector picked up in September as new orders accelerated, though employment cooled, an industry report showed on Wednesday. STEPHEN STANLEY, CHIEF ECONOMIST, PIERPONT SECURITIES, STAMFORD, CONNECTICUT. "It's in line with the factory report on Monday.

  • TREASURIES-U.S. bonds erase most of a modest gain Wednesday, 3 Oct 2012 | 8:51 AM ET

    NEW YORK, Oct 3- U.S. Treasuries erased most of a small gain on Wednesday after the release of the ADP report showing stronger-than-expected hiring by U.S. companies.

  • NEW YORK, Oct 3- U.S. private employers added 162,000 jobs in September, topping economists' expectations, a report by a payrolls processor showed on Wednesday. TOM DI GALOMA, MANAGING DIRECTOR, NAVIGATE ADVISORS LLC, STAMFORD, CONNECTICUT. DAVID RESLER, CHIEF ECONOMIST, NOMURA SECURITIES, NEW YORK.

  • NEW YORK, Oct 3- U.S. private employers added 162,000 jobs in September, topping economists' expectations, a report by a payrolls processor showed on Wednesday. STORY: COMMENTS: DAVID RESLER, CHIEF ECONOMIST, NOMURA SECURITIES, NEW YORK. "It's hard to tell what it means for the BLS report because there's not a consistent correlation between the two.

  • NEW YORK, Oct 3- U.S. private employers added 162,000 jobs in September, topping economists' expectations, a report by a payrolls processor showed on Wednesday. SCOTT BROWN, CHIEF ECONOMIST, RAYMOND JAMES, ST. PETERSBURG, FLORIDA. FRED DICKSON, CHIEF MARKET STRATEGIST, D.A. DAVIDSON& CO.

  • NEW YORK, Oct 3- U.S. private employers added 162,000 jobs in September, topping economists' expectations, a report by a payrolls processor showed on Wednesday. OMER ESINER, CHIEF STRATEGIST, COMMONWEALTH FOREIGN EXCHANGE, WASHINGTON. JOHN BRIGGS, DIRECTOR, MARKETS, RBS, STAMFORD, CONNECTICUT.

  • NEW YORK, Oct 3- ADP national employment report shows U.S. employment increased by 162,000 private sector jobs in September. Reuters consensus forecast for ADP payroll change for September was for an increase of 143,000 jobs. STORY: COMMENTS: JOHN BRIGGS, DIRECTOR, MARKETS, RBS, STAMFORD, CONNECTICUT.

  • TREASURIES-Bonds slip on stronger-than-forecast data Wednesday, 3 Oct 2012 | 12:42 AM ET

    *ADP payrolls report slightly stronger than forecast. NEW YORK, Oct 3- U.S. "There's rate-locking and traders are adding to steepening exposure," said Tom di Galoma, managing director at Navigate Advisors LLC in Stamford, Connecticut. "

  • Mohegan Sun to pay up to $10M in job cuts Wednesday, 3 Oct 2012 | 12:14 AM ET

    UNCASVILLE, Conn.-- The parent company of the Mohegan Sun casinos says it will pay between $8 million and $10 million in severance costs as it cuts 282 jobs in Connecticut immediately and another 46 at the end of the month. The Mohegan Tribal Gaming Authority said in a regulatory filing that most of the costs will be recorded in its fourth quarter in cash payments.

  • By Sarah N. Lynch and Alexandra Alper. WASHINGTON, Oct 2- Two Senate Republicans on Tuesday slammed Treasury Secretary Timothy Geithner for failing to wean U.S. firms off a key British benchmark interest rate that he knew was being rigged, resulting, the lawmakers said, in costly litigation that hurts American taxpayers.