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Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards.
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*A350 jetliner will compete with Boeing's 787 Dreamliner. WASHINGTON/ PARIS, Oct 6- The U.S. government said on Saturday it had received European Union documents on funding for the Airbus A350 after requesting them from the World Trade Organization over a month ago in an ongoing transatlantic dispute over aircraft subsidies.
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PARIS, Oct 6- The World Trade Organization has asked the European Union to hand over documents on the funding of the Airbus A350 in a potential sharpening of a transatlantic dispute over aircraft subsidies, a U.S. source familiar with the case said.
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WASHINGTON, Oct 5- Senators from the U.S. Gulf Coast urged President Barack Obama on Friday to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine a recently passed law that would funnel billions of dollars worth of fines to their states.
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ADEN, Oct 6- Yemeni security forces foiled a plan by militants linked to al Qaeda to bomb an air base jointly used with the United States to carry out attacks against the group, a security official said on Saturday. The Al Anad air base is used jointly with U.S. forces to launch attacks against al Qaeda militants across Yemen, mainly using U.S.-controlled drones.
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The staffers who compute the U.S. unemployment rate work in an agency of the Labor Department. Officials who have overseen the work say it's prepared under tight security with no White House input or supervision. The only BLS employee appointed by the White House is the commissioner, who operates independently of the White House.
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Thousands of miners have been laid off this year across Kentucky, Virginia and West Virginia, many with little hope of getting their jobs back as power plants and the coal mines that once fed them shut down.
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*Long-sought agreement to be announced Sunday in Seoul. WASHINGTON, Oct 5- The United States and South Korea are set to announce this weekend a joint response to the perceived threat from North Korea's growing ballistic missile force, according to a State Department notice to U.S. lawmakers on Friday.
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NEW YORK, Oct 5- The former chief prosecutor of the International Criminal Court will lead a review of Bangladesh's investigation of alleged corruption tied to a major bridge project, the World Bank said late on Friday.
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WASHINGTON, Oct 5- Senators from the U.S. Gulf Coast urged President Barack Obama on Friday to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine a recently passed law that would funnel billions of dollars worth of fines to their states.
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*White House slams Welch tweet as "ludicrous". BOSTON/ WASHINGTON, Oct 5- BOSTON/ WASHINGTON, Oct 5- Jack Welch, the former chairman of General Electric Co, provoked cries of outrage in Washington on Friday when he suggested that the White House manipulated September job figures for political gains.
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Ex-Inspector General David Kotz was friends with people close to his investigations related to two high-profile Ponzi schemes, and he had a flirtatious relationship with an SEC employee who was involved in another project involving Kotz's office, according to the report.
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WASHINGTON, Oct 5- U.S. companies should avoid doing business with China's Huawei, the world's No. 2 maker of telecommunications gear, for fear its equipment could open doors for spying, the head of the U.S. House of Representatives' Intelligence Committee said.
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WASHINGTON, Oct 5- Lawmakers and a regulator on Friday took steps to help assauage swap players' concerns about complying with confusing rules that are set to take effect on Oct. 12.
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WASHINGTON-- Sasquatch might as well have traipsed across the White House lawn Friday with a lost Warren Commission file on his way to the studio where NASA staged the moon landing. Officials at the Labor Department said the jobs figures are calculated by highly trained government employees without any political interference.
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*Sanctions mulled for more Iran central bank transactions. *Aimed at pressuring Iran to abandon nuclear program. WASHINGTON, Oct 5- U.S. lawmakers are considering expanding American economic sanctions on Iran- measures that already have helped push that country's currency into free fall but have not yet convinced Tehran to abandon its nuclear program.
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FAIRFAX, Va.-- Mitt Romney was still celebrating his widely praised debate performance when the campaign lurched in a different direction. Incumbent and challenger alike campaigned in battleground states during the day, each man starting out in Virginia before the president headed for Ohio and Romney flew to Florida.
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The FDA said Friday that a recent inspection found salmonella in the plant which produced Trader Joe's Valencia Creamy Peanut Butter and many other nut butters and nut products for several large national grocery chains. FDA has found problems at Sunland before.
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WASHINGTON-- The U.S. unemployment rate dropped below 8 percent for the first time since the month President Barack Obama took office, a surprising lift for both the economy and his re-election hopes in the final weeks of the campaign. It fell because a government survey of households found that 873,000 more people had jobs, the biggest jump since January 2003.
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*Nonfarm payrolls rose 114,000 in September* Unemployment rate falls to 7.8 percent, lowest since 2009* Household survey shows most job gains since 1983* Average hourly earnings gain 7 cents* Report is second to last before Nov. 6 elections By Lucia Mutikani.
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*Fiscal 2013 deficit depends on Congress, fiscal cliff. WASHINGTON, Oct 5- The federal budget deficit for the just-ended 2012 fiscal year shrank by $207 billion from the prior year, but still marked its fourth straight year above $1 trillion, Congress' budget referee estimated on Friday.