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  • US stock futures up on optimism over manufacturing Tuesday, 2 Oct 2012 | 8:13 AM ET

    NEW YORK-- U.S. stock futures are rising on optimism from improving U.S. manufacturing data and despite concerns about the economic outlook of both Greece and Spain. Dow futures are up 47 points to 13,484. The broader S&P 500 futures are 8 points to 1,445. Nasdaq futures are up 13 points to 2,801..

  • NEW YORK, Oct 2- ArQule Inc:. *Shares resume trading, off 62.5 percent premarket. ( (New York Treasury Desk; Tel: 223 6300)).

  • Online channel TakePart TV: relevant, entertaining Tuesday, 2 Oct 2012 | 8:00 AM ET

    One of YouTube's new 100- channel portfolio, TakePart TV will deliver original programming that consists of news, short-form comedy, animation and nonfiction series featuring such names as Henry Rollins, Dan Savage and Kobe Bryant.

  • NEW YORK, Oct 2- Express Inc:.

  • *New York sues JPMorgan over Bear Stearns mortgage-backed securities. *Petsmart to replace Sunoco in the S&P 500. President Barack Obama earlier this year to go after wrongdoing that led to the financial crisis, the New York Attorney General filed a civil fraud lawsuit against JPMorgan Chase& Co.

  • NEW YORK, Oct 2- Cell Therapeutics Inc:.

  • BNY Mellon buys remaining stake of WestLB venture Tuesday, 2 Oct 2012 | 7:24 AM ET

    NEW YORK-- Financial services company BNY Mellon has purchased the 50 percent stake of WestLB Mellon Asset Management that it doesn't already own from joint venture partner Portigon. "Germany has one of the most sophisticated investment industries globally, and is a key strategic priority for BNY Mellon.

  • US STOCKS-Futures up on Spanish bailout hopes Tuesday, 2 Oct 2012 | 7:20 AM ET

    *Uncertainty remains and markets could be volatile, as despite Spain's readiness to ask for financial help Germany has signaled that it should hold off, according to European officials on Monday.

  • DOJ drops inquiry against DaVita without charges Tuesday, 2 Oct 2012 | 7:00 AM ET

    The investigation initiated by the U.S. Attorney's Office for St. Louis in 2005 covered the company's joint ventures, financial relationships with physicians and services provided to patients, and included the administration and billing of DaVita's anemia drug, Epogen.

  • Ahead of the Bell: Kraft, Mondelez to trade Tuesday, 2 Oct 2012 | 6:44 AM ET

    NEW YORK-- Kraft Foods Group and Mondelez International are set to begin trading as two separate public companies on Tuesday. Scott Mushkin of Jefferies started coverage of Kraft Foods Group Inc. with a "Buy" rating and $50 price target. Citi Investment Research's David Driscoll gave Kraft Foods Group a "Neutral" rating and $48 price target.

  • Oil approaches $93 after US manufacturing improves Tuesday, 2 Oct 2012 | 5:48 AM ET

    BANGKOK-- The price of oil approached $93 a barrel Tuesday in Asia after a report showed U.S. manufacturing rose in September for the first time in four months. Benchmark oil for November delivery was up 21 cents to $92.69 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

  • Stocks muted as US manufacturing, Spain weighed Tuesday, 2 Oct 2012 | 5:29 AM ET

    BANGKOK-- World stock markets lost momentum Tuesday as investors weighed an improvement in U.S. manufacturing against the possibility Spain's government debt will be downgraded to junk status. Britain's FTSE 100 fell 0.3 percent to 5,806.11. In Asia, Japan's Nikkei 225 index shed morning gains to close 0.1 percent lower at 8,786.05.

  • LONDON, Oct 2- Qatar Airways will become the first Gulf carrier to join the oneworld alliance of airlines with an agreement due to be announced early next week, according to sources close to the alliance.

  • *Qatar airways to join oneworld alliance, to be unveiled at press conference.

  • NEW YORK, Oct 2- The town of Serenity, South Carolina, the imaginary setting for author Sherryl Woods's "Sweet Magnolias" novels, now has real food in it. Dana Sue's Killer Guacamole, Helen's Lethal Margaritas and Sullivan's Crab Cakes are among the fictional staples made real by chef Teddi Wohlford, who takes a gourmet approach to Southern classics.

  • SYDNEY, Oct 2- Australian shares rallied 1 percent on Tuesday to their highest close in five months after the central bank cut its main cash rate in a bid to bolster growth in the face of weak commodity prices and global uncertainty.

  • SYDNEY, Oct 2- Australian shares rallied 1 percent to their highest close in five months after Australia's central bank cut its main cash rate in a bid to bolster growth in the face of weak commodity prices and global uncertainty.

  • PRESS DIGEST-New York Times business news - Oct 2 Tuesday, 2 Oct 2012 | 2:01 AM ET

    Oct 2- The following are the top stories on the New York Times business pages on Tuesday. *New York's attorney general, under the aegis of a federal mortgage task force, filed a civil suit against Bear Stearns, now part of JPMorgan Chase& Co, asserting that it defrauded investors who purchased mortgage securities.

  • PRESS DIGEST - Wall Street Journal - Oct 2 Tuesday, 2 Oct 2012 | 1:50 AM ET

    *New York's top prosecutor opened a new front in efforts to hold banks accountable for the financial crisis by filing a civil lawsuit against JPMorgan Chase& Co, alleging widespread fraud by the company's Bear Stearns unit in the sale of mortgage-backed securities. *The judge overseeing the patent dispute between Apple Inc.

  • Oil near $92 after US manufacturing improves Tuesday, 2 Oct 2012 | 1:05 AM ET

    BANGKOK-- Oil prices dwelled near $92 a barrel Tuesday in Asia after a report showed U.S. manufacturing rose in September for the first time in four months. Benchmark oil for November delivery was down 17 cents to $92.31 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange.