March 9- The sudden disappearance of a Malaysia Airlines jetliner with 239 people aboard represents one of the rarest kinds of aviation disaster, and the mystery is compounded by uncertainty about which country's jurisdiction the plane came down in.» Read More
WASHINGTON, Oct 22- The Obama administration has asked former budget official and management expert Jeffrey Zients to help the administration manage the rocky roll-out of the Affordable Care Act known as "Obamacare," the White House said on Tuesday.
SAN FRANCISCO, Oct 22- San Francisco's commuter trains lumbered back into operation for the first time in five days early on Tuesday after union workers reached a tentative labor deal with management, ending a strike that paralyzed the nation's fifth-largest rapid transit network.
SAN FRANCISCO, Oct 22- Apple Inc Chief Executive Tim Cook kicked off a product event on Tuesday at which the company is expected to introduce slimmer, faster iPads in time for the holidays. The new tablets would face stiff competition, with Microsoft Corp, Nokia and Amazon.com Inc all plugging rival devices in coming months.
NEW YORK, Oct 22- Steven A. Cohen's SAC Capital Advisors will shut down its London office by the end of the year as the hedge fund downsizes in response to a long-running insider trading investigation, according to a memo sent to staff on Tuesday.
NEW YORK, Oct 22- U.S. stocks climbed on Tuesday, pushing the S&P 500 to a new intraday record, after weaker-than-expected job creation last month validated expectations the Federal Reserve will maintain its economic stimulus into next year. The Nasdaq pared gains after some of the year's biggest winners, including Netflix Inc, reversed course to move lower.
NEW YORK, Oct 22- Investors turned on Netflix Inc on Tuesday, reversing early gains in a flurry of selling that bore the hallmark of momentum traders getting out of the high-flying stock.
Oct 22- Health insurer Centene Corp raised its revenue growth forecast for 2014 based on a new Medicaid contract win in Florida and expansion of others. Centene confirmed that glitches stopped consumers from accessing its plans, which are currently listed on federal exchanges in Arkansas, Florida, Georgia, Indiana, Mississippi, Ohio and Texas.
Oct 22- Diebold Inc, the largest U.S. provider of automated teller machines, will pay roughly $48.1 million to settle U.S. criminal and civil charges that it bribed bank officials in China and Indonesia and paid bribes in Russia to win business.
SAN FRANCISCO, Oct 22- Apple Inc Chief Executive Officer Tim Cook kicked off a product event on Tuesday at which the company is expected to introduce slimmer, faster iPads in time for the holidays. The new tablets would face stiff competition, with Microsoft Corp, Nokia and Amazon.com Inc all plugging rival devices in coming months.
Oct 22- DuPont, the largest U.S. chemical maker by sales, said it expects earnings to more than double this quarter as its fast-growing agriculture business overcomes seasonal weakness. "The story is going to be all about agriculture," said Piper Jaffray analyst Mike Ritzenthaler.
*Asia, Latin America among the once-hot regions now suffering. CHICAGO, Oct 22- Caterpillar Inc released unaudited dealer sales data on Tuesday- one day ahead of its scheduled third-quarter earnings- that showed continued weak demand for its machinery and engine products.
Oct 22- EMC Corp, the world's largest data storage equipment maker, cut its full-year forecast because of the two-week U.S. government shutdown, sending its shares down 4 percent. EMC, which reported lower-than-expected quarterly results, said the shutdown caused it to miss its revenue estimate by about $120 million, which it did not expect to recover.
Only 4 percent of those surveyed by USA Today/Princeton Survey Research said Congress would function worse if every member was replaced, and half said it would fare better.
*Third-quarter adj. earnings $2.72/ share vs est $2.61. *Third-quarter appliance sales rise in Europe and North America. Oct 22- Whirlpool Corp, the world's No. 1 home appliance maker, raised its full-year earnings forecast after a recovering U.S. housing market and consumer sentiment in Europe boosted sales of refrigerators, dishwashers and air conditioners.
FRANKFURT, Oct 22- Fabrizio Dicone had just one day to decide if he wanted to leave Rome and help create "the third big bang"- a new watchdog for Europe's troubled banking industry.
WASHINGTON, Oct 22- The White House said on Tuesday there was no evidence President Barack Obama's signature healthcare program is driving up the number of part-time workers, challenging the view of many business owners in the country.
NEW YORK, Oct 22- Steven A. Cohen's SAC Capital Advisors will shut down its London office by the end of the year, according to a report by Bloomberg that cited an unidentified person with direct knowledge of the decision. The reported closure comes as the Stamford, Connecticut- based hedge fund downsizes in response to a long-running insider trading investigation.
*Netflix turns lower, brings down Nasdaq. The Nasdaq pared some of its earlier gains as some of the year's biggest winners, including Netflix Inc, reversed course during trading to move lower. "The most volatile sector, in terms of risk and return, is going to be the technology sector," said Jon Smith, chief investment officer at DT Investment Partners.
Oct 22- Kimberly-Clark Corp, maker of Kleenex tissues, posted a bigger-than-anticipated rise in quarterly profit on Tuesday on continued growth overseas as well as global cost cutting.
*BHP to sell 250,000 net acres in Permian Basin. LONDON/ NEW YORK, Oct 22- BHP Billiton plans to sell roughly half its oil and gas acreage in the Permian Basin in Texas and New Mexico, an area revived by the shale boom, to focus on its most lucrative assets there.