SAN FRANCISCO— IBM is pooh-poohing a published report that the giant technology company is planning a big reorganization and massive job cuts affecting more than 100,000 people. That's in contrast with a report that appeared last week on the website of Forbes magazine, which predicted as many as one in four IBM employees might lose their jobs in a massive...» Read More
Sept 29- Humana Inc, which manages private Medicare and individual Obamacare insurance plans, said on Monday it has integrated its consumer health application with Apple Inc's HealthKit. The move, the first announced by a major insurer, enables Humana customers to more easily manage fitness data and other personal health goals, the company said in a statement.
PARIS, Sept 29- Defendants at a French trial involving allegations of insider trading at Airbus Group this week will try to persuade judges it should not take place on the grounds it breaches their human rights, lawyers involved in the case said. That principle is enshrined in the European Convention on Human Rights.
WASHINGTON, Sept 29- One of the more unusual trials to come out of the 2008 financial crisis is set to begin on Monday, when a federal judge will consider whether the U.S. government's rescue of American International Group Inc was, in fact, legal.
Sept 29- Biometric security company NXT-ID Inc expects to turn profitable next year, Chief Executive Gino Pereira said, as the company rolls out a $150 digital wallet as an alternative to new payment services such as Apple Pay.
*George Osborne seeks to regain initiative after Europe split. BIRMINGHAM, England, Sept 29- British finance minister George Osborne spelled out plans for more spending cuts on Monday, betting that voters will accept his tough approach to fixing the economy and give an election victory to his Conservative Party next year.
*Allianz CEO Diekmann says "fully committed" to Pimco. FRANKFURT, Sept 29- Allianz said on Monday it remained fully committed to its Pimco unit after the shock exit of co-founder Bill Gross and had no plans to step up oversight of the world's biggest bond investor despite months of turmoil that has hit the German insurer's shares.
NORDIC AMERICAN TANKERS SAYS THE REFUGEES WERE IN A WOODEN BOAT WITH ENGINE TROUBLE; REFUGEES COME FROM SOMALIA, ERITREA, BANGLADESH, SUDAN AND PALESTINIANS FROM SYRIA AND LEBANON.
DETROIT, Sept 29- The United Auto Workers union and two top German labor groups have signed a letter of intent to jointly organize the Volkswagen AG assembly plant in Chattanooga, Tennessee, a top UAW official said on Monday.
LONDON, Sept 29- Copper prices rose on Monday, after earlier touching their lowest level in almost three months, as the dollar pulled back from an earlier four-year high against a basket of currencies. Benchmark copper on the London Metal Exchange closed up 0.4 percent at $6,742 after falling to a session low of $6,666 a tonne, its weakest since June 16.
NORDIC AMERICAN TANKERS SAYS ONE OF ITS VESSELS PERFORMED A RESCUE OPERATION, INVOLVING 150 PEOPLE IN THE MEDITERRANEAN ON SEPT 27, 2014.
LONDON, Sept 29- Greek government bond yields rose to their highest in almost two months on Monday as Athens' plans for an early exit from a bailout programme raised concerns about future financing and debt relief.
*Hong Kong demonstrations raise worries about Beijing response. NEW YORK, Sept 29- The dollar's three-month rally took a breather on Monday on nervousness over Beijing's response to democracy protests in Hong Kong and concerns it might hurt the region's economy and status as a global financial hub.
TORONTO, Sept 29- Even as BlackBerry pivots to focus more on software and services, the company that gained fame for its smartphones is not giving up on its handset business, two senior executives said.
Sept 29- A federal judge rejected a settlement of a lawsuit challenging longtime Abercrombie& Fitch Co Chief Executive Michael Jeffries' pay, saying it offered little benefit to shareholders despite "serious" allegations of wrongdoing.
Sept 29- Civeo Corp, the provider of oilfield accommodation services recently spun off by Oil States International Inc, surprised Wall Street on Monday by saying it would not convert to a real estate investment trust and would instead relocate to Canada for tax purposes.
Sept 26- Family Dollar Stores Inc said certain state attorneys general have notified the company that they will investigate larger rival Dollar General Corp's takeover bid over competitive concerns. Family Dollar spurned Dollar General's sweetened $9.1 billion all-cash bid earlier this month, saying the offer still did not address antitrust concerns.
ALIBABA OPTIONS TRADED ABOUT 21,000 CALLS AND 19,000 PUTS IN THE FIRST HOUR OF TRADE- TRADE ALERT.
BRUSSELS, Sept 29- The woman likely to become the EU's new trade chief sought to reassure lawmakers on Monday that U.S. companies will not be able to challenge Europe's safety and environmental rules if Brussels and Washington agree the world's biggest trade deal.
LONDON, Sept 29- Copper prices steadied on Monday, after earlier touching their lowest level in almost three months, as the dollar pulled back from an earlier four-year high against a basket of currencies. Benchmark copper on the London Metal Exchange was up 0.35 percent at $6,740 by 1449 GMT after falling to a session low of $6,666 a tonne, its weakest since June 16.
NEW YORK, Sept 29- Global equity markets fell on Monday as civil unrest in Hong Kong weighed on investor sentiment, while Treasury prices rose as further signs of the relative strength of the U.S. economy raised the prospect of higher interest rates.