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  • NEW YORK, Oct 30- The dollar on Thursday extended recent gains to a 3-1/ 2- week high, boosted by unexpectedly strong third-quarter U.S. economic growth and a newly hawkish tone from the Federal Reserve. A U.S. Commerce Department report showed third-quarter gross domestic product grew by 3.5 percent versus the Reuters 3.0 percent mean forecast of economists.

  • WASHINGTON, Oct 30- Media General Inc has won U.S. antitrust approval to buy LIN Media LLC after agreeing to divest television stations in five markets, the Justice Department said on Thursday. To win government approval for the deal, the companies agreed to sell one station in Birmingham, Alabama, two in Savannah, Georgia, one near Alabama's border with Florida, one...

  • WASHINGTON, Oct 30- The U.S. government is suing baby food maker Gerber, owned by Nestle SA, alleging it advertised that its Good Start Gentle formula would reduce the risk of a baby developing allergies despite having no proof for the claim. The Federal Trade Commission, which filed the lawsuit on Wednesday, said Gerber put stickers on the baby food which said the...

  • Yellen: Awareness of economists' diversity needed Thursday, 30 Oct 2014 | 12:59 PM ET
    Federal Reserve Chair Janet Yellen delivers opening remarks at the National Summit on Diversity in the Economics Profession hosted by the Federal Reserve, Oct. 30, 2014, in Washington.

    Janet Yellen was speaking at a conference on diversity in the economics profession organized by the Fed and the American Economic Association.

  • WASHINGTON, Oct 30- The U.S. government is suing baby food maker Gerber, owned by Nestle SA, alleging it advertised that its Good Start Gentle formula would reduce the risk of a baby developing allergies despite having no proof for the claim. The Federal Trade Commission, which filed the lawsuit on Wednesday, said Gerber put stickers on the baby food which said the...

  • FDA OKs new AstraZeneca diabetes combo pill Thursday, 30 Oct 2014 | 11:05 AM ET

    WILMINGTON, Del.— AstraZeneca said Thursday it received U.S. approval for a new diabetes medication that combines its drug Farxiga with an older drug used to control blood sugar levels. Xigduo XR is already approved in Australia and the European Union. Shares of AstraZeneca PLC rose 49 cents to $72.02 in trading Thursday.

  • NEW YORK, Oct 30- The dollar on Thursday extended recent gains to a 3-1/ 2- week high, boosted by unexpectedly strong third-quarter U.S. economic growth and a newly hawkish tone from the Federal Reserve. A U.S. Commerce Department report showed third-quarter gross domestic product grew by 3.5 percent versus the Reuters 3.0 percent mean forecast of economists.

  • Yellen: Awareness of economists' diversity needed Thursday, 30 Oct 2014 | 9:30 AM ET

    WASHINGTON— Federal Reserve Chair Janet Yellen says she wants to raise awareness of the need for diversity among economists, with relatively few women and minorities still choosing to major in economics in college. Yellen, who is the first woman to head the central bank in its 100- year history, was speaking Thursday at a conference on diversity in the economics...

  • WASHINGTON, Oct 30- Federal Reserve Chair Janet Yellen did not comment on monetary policy or the economic outlook in remarks on Thursday prepared for a diversity conference at the central bank.

  • NEW YORK, Oct 30- U.S. stock index futures were slightly lower on Thursday as investors looked ahead to a report on economic growth and continued to digest recent comments from the Federal Reserve. *An advance read on third-quarter gross domestic product will be released at 8:30 a.m. and is seen showing economic growth slowed to 3 percent from 4.6 percent in the...

  • *Gold slides after Fed ends bond buying on hawkish note. LONDON, Oct 30- Gold prices slid towards $1,200 an ounce on Thursday, hitting their lowest in 3-1/ 2 weeks, after the Federal Reserve ended its bond-buying stimulus programme on an unexpectedly hawkish note. Spot gold fell as low as $1,201.21 an ounce and was down 0.5 percent at $1,206.40 an ounce at 1015 GMT.

  • LONDON, Oct 30- Brent crude oil fell below $87 a barrel on Thursday, pressured by a stronger dollar after the Federal Reserve painted a brighter outlook for the U.S. economy. "Anything priced in U.S. dollars is seeing a fall since released that statement and that goes right across the commodities complex," said analyst Ben Le Brun at OptionsXpress, referring to the...

  • *Rate futures show chance of Fed hike in September 2015. LONDON, Oct 30- The dollar climbed to its highest in more than three weeks against a basket of currencies, buoyed by higher U.S. yields, after the Federal Reserve sounded less dovish on policy and more confident about the U.S. economic recovery. "The positive sentiment is likely to be reinforced by today's...

  • *Brazil shocks with interest-rate hike. TOKYO, Oct 30- The dollar stayed on the front foot on Thursday, setting a 3-1/ 2 week high against a basket of currencies after the Federal Reserve surprised markets with a more hawkish policy tone and signalled its confidence in the U.S. economic recovery. said Kengo Suzuki, chief forex strategist at Mizuho Securities.

  • SINGAPORE, Oct 30- Brent oil futures fell below $87 a barrel on Thursday, pressured by a stronger U.S. dollar after the Federal Reserve painted a brighter outlook for the U.S. economy. "Anything priced in U.S. dollars is seeing a fall since FOMC released that statement and that goes right across the commodities complex," said Ben Le Brun, market analyst at...

  • Asia stocks meander after Fed ends stimulus Thursday, 30 Oct 2014 | 12:04 AM ET

    HONG KONG— Asian stock markets meandered Thursday while the dollar strengthened against other currencies after the Federal Reserve said it will end its stimulus program, as many had expected. KEEPING SCORE: Japan's benchmark Nikkei 225 index rose 0.5 percent to 15,636.60 while South Korea's Kospi lost 0.5 percent to 1,950.26. Thus, markets began to bring back...

  • As Fed ends bond buys, Yellen to expand influence Thursday, 30 Oct 2014 | 12:02 AM ET

    WASHINGTON— When the Federal Reserve announced the end of its landmark bond buying program Wednesday, it also signaled the start of something else:. But the phase-out of the bond-buying stimulus program Yellen inherited from her predecessor, Ben Bernanke, truly marks her inauguration. "Janet Yellen's ability to place her mark on the nation's monetary policy is...

  • Oct 29- The U.S. Equal Employment Opportunity Commission has sued Honeywell International Inc to stop the company from imposing penalties on employees who refuse to undergo testing under its corporate wellness program. Honeywell employees could be penalized up to $4,000 each, through surcharges and lost contributions to health plans, if they or their...

  • Brent drops below $87 as Fed optimism lifts dollar Wednesday, 29 Oct 2014 | 11:23 PM ET

    SINGAPORE, Oct 30- Brent oil futures fell below $87 a barrel on Thursday, pressured by a stronger U.S. dollar after the Federal Reserve painted a brighter outlook for the U.S. economy. "Anything priced in U.S. dollars is seeing a fall since FOMC released that statement and that goes right across the commodities complex," said Ben Le Brun, market analyst at...

  • DIARY - Top Economic Events to Nov 12 Wednesday, 29 Oct 2014 | 8:01 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen gives welcome remarks before the "National Summit on Diversity in the Economics Profession" conference hosted by the Federal Reserve- 1300 GMT. WASHINGTON- Exploring New Approaches to Trade, Investment and Jobs Conference. Commerce Secretary Penny Pritzker, Canadian Trade Minister Ed Fast and Mexico Economy...