• *Best Buy founder, private equity firms, examine books. Automatic Data Processing said 162,000 private jobs were created in September in the United States, more than the 143,000 expected by analysts, and down from a revised 189,000 in August.

  • Pearson chief executive to step down Wednesday, 3 Oct 2012 | 9:00 AM ET

    LONDON-- Pearson PLC, the U.K. publisher and education company, said Wednesday that chief executive Marjorie Scardino has decided to step down.

  • *UN agency to stop calculating Chile poverty stats Wednesday, 3 Oct 2012 | 8:59 AM ET
  • NEW DELHI, Oct 3- India's cabinet will approve amended bills on Thursday that seek to permit 26 percent foreign direct investment in the pension sector and 49 percent in the insurance sector, a government minister told reporters on Wednesday. The bills will need parliamentary approval before becoming law.

  • Oct 3- Apollo Commercial Real Estate Finance Inc:. *Announces pricing of public offering of common stock. *Says offering 7 million common shares.

  • DUBAI, Oct 3- Riot police clashed with demonstrators and foreign exchange dealers in Tehran on Wednesday over the collapse of the Iranian currency, which has lost 40 percent of its value against the dollar in a week, witnesses said.

  • Labor standoffs silence orchestras in Minn., Ind. Wednesday, 3 Oct 2012 | 8:57 AM ET

    MINNEAPOLIS-- The Minnesota Orchestra was called the world's greatest not long ago, welcome recognition for musicians based outside a top cultural center. In Minneapolis, the Minnesota Orchestra has already cancelled concerts through Nov. 25 as negotiators argue over a proposal to trim the performers' average salary by $46,000 a year.

  • SINGAPORE, Oct 3- Singapore will allow companies to issue different classes of shares to help its stock exchange to compete for new listings and the country to maintain its competitiveness as a financial centre.

  • UPDATE 2-Ex-Tesco boss to head up S.Africa's Pick n Pay Wednesday, 3 Oct 2012 | 8:57 AM ET

    named the former head of Tesco's UK business as its new chief executive on Wednesday, as the country's No.2 grocer struggles to regain market share and fend off competition from U.S. giant Wal-Mart. Brasher will take charge of a retailer that has lost market share to domestic rivals and is now facing further pressure from Wal-Mart Stores Inc.

  • Shares in miner Anglo American fall more than 2 percent as wildcat strikes in South Africa's mines spread to iron ore, with some 300 workers at the mining group's Kumba Iron Ore subsidiary downing tools.

  • Oct 3- Oct 3- Westport Innovations Inc. *UBS starts Westport Innovations with buy. Reuters Station users, click. 1568.

  • Oct 3- Crown Castle International Corp:. *Announces proposed offering of senior notes. *Commencing an offering of $1.65 billion aggregate principal amount of senior.

  • Carlyle Group acquires 55 pct stake in Vermillion Wednesday, 3 Oct 2012 | 8:54 AM ET

    WASHINGTON-- The Carlyle Group said Wednesday that it has agreed to buy a 55 percent stake in Vermillion Asset Management. The units will be exchangeable one-for-one on a private placement basis for Carlyle Group common units, the company said. Carlyle Group shares closed at $25.64 per share on Tuesday.

  • South Africa to host $8.5M golf event in 2013 Wednesday, 3 Oct 2012 | 8:54 AM ET

    JOHANNESBURG-- South Africa will host the second richest tournament in golf in 2013, but it won't have the World Golf Championship status initially promised by the country's national tour. Organizers say the Tournament of Hope, with total prize money of $8.5 million, will be staged in South Africa for 10 years.

  • Ahead of the Bell: Best Buy rises Wednesday, 3 Oct 2012 | 8:54 AM ET

    NEW YORK-- Best Buy Co.' s shares ticked higher in premarket trading after a report said its founder and former chairman Richard Schulze is making some headway with his potential buyout offer of the electronics retailer.

  • Oct 3- New York Mortgage Trust Inc:. *Announces pricing of public offering of common stock. *Says public offering of 13.5 million common shares priced at $6.89 per share.

  • BRIEF-Luxfer prices initial public offering Wednesday, 3 Oct 2012 | 8:53 AM ET

    Oct 3- Luxfer Holdings PLC:. *Pricing of its IPO of American depositary shares at a price of $10 per ads. *8 million adss are being offered for sale.

  • Illegal immigrant in Fla. fights for law license Wednesday, 3 Oct 2012 | 8:53 AM ET

    TALLAHASSEE, Fla.-- A Florida man's bid to become the first illegal immigrant to obtain a law license in the United States met skepticism Tuesday from most of the state's Supreme Court justices. He graduated from New College in Florida, earned a law degree from Florida State University and passed the state bar exam last year.

  • *Lawsuit filed over California gay teen therapy law Wednesday, 3 Oct 2012 | 8:52 AM ET
  • 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.