WASHINGTON-- The Treasury Department reports on the federal budget deficit for February. President Barack Obama, who submitted his new budget to Congress last week, is projecting that the deficit for this year will drop to $649 billion, down from last year's deficit of $680 billion.» Read More
NEW YORK, Oct 30- Boeing Co has decided to place significant design work for its forthcoming 777 X jetliner in cities outside the Seattle area, where the current 777 was designed and is being built, according to an internal memo reviewed by Reuters and confirmed by Boeing on Wednesday.
*Cuts 2013 trading profit forecast to 3.5- 3.8 bln euros. *Weak Latam and loss in Europe offset Chrysler profit. MILAN/ DETROIT, Oct 30- Italian carmaker Fiat cut its 2013 profit and sales forecasts on Wednesday as a third-quarter slump in Latin America offset a strong performance at Chrysler, the No.3 U.S. automaker it controls.
WASHINGTON, Oct 30- U.S. Commodity Futures Trading Commission Chairman Gary Gensler said regulators have not yet agreed on the final wording of the controversial Volcker rule, but he is trying to schedule a commission vote on the rule in December.
*Investors hope to learn how long Fed bond-buying might continue. NEW YORK, Oct 30- U.S. stocks edged lower on Wednesday, following a string of four sessions of gains and before the release of the Federal Reserve's statement on the economy and its ultra-loose money policy.
NEW YORK, Oct 30- Twitter Inc was sued for $124 million on Wednesday by two companies that said the social media darling defrauded it into pushing forward with a doomed private sale of its shares to stoke investor interest for its initial public offering.
SANTIAGO, Oct 30- The majority of Chilean union workers at Barrick Gold Corp's suspended Pascua-Lama gold mine have voted to strike, which they say could delay the reactivation of the controversial project, according to a union statement on Wednesday.
MEXICO CITY, Oct 30- Mexico's competition authority said on Wednesday it rejected an appeal by U.S. paint maker Sherwin Williams over its blocked bid to acquire Mexican paint company Consorcio Comex for $2.34 billion.
WASHINGTON, Oct 30- U.S. Health and Human Services Secretary Kathleen Sebelius on Wednesday said she has not lost confidence in Quality Software Services Inc, one of several contractors that helped develop the troubled federal health insurance exchange website.
*Asia property sector may also benefit. LONDON, Oct 30- Standard setters have reached broad agreement on the first global rule telling companies how to book revenues in a reform that may encourage listings and bump up IT costs for telcos.
NEW YORK, Oct 30- The dollar edged lower against a basket of major world currencies in thin trade on Wednesday as investors refrained from taking bold positions ahead of an afternoon post-policy meeting statement from the Federal Reserve.
NEW YORK, Oct 30- Coleman Cable Inc, a manufacturer of electrical and electronic wire and cable products, is exploring a sale of the company, according to people familiar with the matter.
Oct 30- Coal miner Walter Energy Inc said prices on steel-making coal are improving and will continue to firm next year due to strong demand in Asia, sending its shares up 3.3 percent despite a larger-than-expected quarterly loss. However, Walter Energy Chief Executive Walt Scheller said prices were showing sustainable improvement.
LONDON, Oct 30- California's lawmakers have ensured the state will remain a major oil and gas producer by approving new legislation allowing hydraulic fracturing and acid treatments to rejuvenate its ageing wells in exchange for strict controls and tougher enforcement.
WASHINGTON, Oct 30- The head of the U.S. Commodity Futures Trading Commission said he would try to schedule a vote in December on the controversial Volcker rule to ban proprietary trading by banks. An initial version was proposed in October 2011 but was never made final.
WASHINGTON, Oct 30- The U.S. derivatives regulator on Wednesday approved a final customer protection rule in a public vote of three to one.
*Ovo Energy founder chides Britain's "big six" firms. A former corporate bond trader at J.P. Morgan and Societe Generale who decided to set up Ovo in 2009 in exasperation at poor service in the energy sector, Fitzpatrick told lawmakers that if the "big six" had used Ovo's pricing in 2012, customers would have saved 3.7 billion pounds.
*Libya exports in focus as down to 10 pct of capacity. The U.S. Energy Information Administration reported a sharp 4.1 million barrel rise in crude stocks in the United States. Brent crude for December delivery was trading up 45 cents at $109.57 a barrel by 12:07 p.m. EDT, after falling 60 cents on Tuesday.
Oct 30- Political and military unrest in Libya sharply curtailed Hess Corp's output and profits in the third quarter, and forced it to temper expectations for the year, the oil and natural gas producer said on Wednesday.
*Comcast beats Street on EPS by four cents. Oct 30- A top Comcast Corp executive said on Wednesday that the company is in talks to license its latest technology, called X1, to other cable operators, which would help the industry better compete with telecom and satellite rivals.
Oct 30- Political and military unrest in Libya sharply curtailed oil and natural gas producer Hess Corp's quarterly production and profit, forcing it to temper expectations for the year, the company said on Wednesday.