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  • BERLIN, Oct 6- Volkswagen Chief Executive Matthias Mueller said in an interview with a German newspaper that the company would launch a recall for cars affected by its diesel emissions rigging in January and complete the fix by the end of next year. Mueller also told the newspaper that he believe only a few employees were involved in the diesel emissions rigging...

  • Oct 6- Nu Skin Enterprises Inc, a direct seller of skin care and nutritional products, cut its revenue estimate for the third quarter, blaming a strong dollar and weak sales of its cosmetic oils in China. Nu Skin estimated revenue of $570 million- $573 million for the quarter ended Sept. 30, much below the average analyst estimate of $621.5 million.

  • Any issue with EPA's operations could lead Congress to request independent government inquiries of the agency by the watchdog Government Accountability Office and the EPA Inspector General, the aides said. Any evidence that other auto manufacturers have also used so-called defeat devices to evade EPA emissions standards could prompt lawmakers to...

  • NEW YORK, Oct 6- William Ackman, head of hedge fund firm Pershing Square Capital Management, said on Tuesday that financial market volatility was being driven by short-term money without regard to long-term economic fundamentals and that Valeant Pharmaceuticals International Inc was the most undervalued stock among his top holdings.

  • Oct 6- Yum Brands Inc cut its full-year profit forecast, citing a slower-than-expected recovery in its key market of China and a heavier drag from the strong U.S. dollar, sending its shares down 17.5 percent in after-hours trading on Tuesday. China is Yum's biggest market for profit and sales, and its challenges there appear to be changing from improving its...

  • WASHINGTON, Oct 6- Washington Mayor Muriel Bowser announced a proposed settlement on Tuesday that she said she hoped would prompt the city's utilities regulator to approve a plan for Exelon Corp and Pepco Holdings Inc to merge. The settlement increases Exelon's proposed investment in the city to $78 million from $14 million, the DC government said in a...

  • Oct 6- General Electric Co said on Tuesday it was inspecting out-of-service versions of the engine component involved in a fire with a British Airways plane last month to further determine the cause of the engine failure. On Sept. 8, a British Airways plane, a Boeing 777, caught fire upon take-off from Las Vegas to London; all 157 passengers and 13 crew members...

  • Puerto Rico House bankruptcy bill adds co-sponsors Tuesday, 6 Oct 2015 | 5:25 PM ET

    NEW YORK, Oct 6- A bill to allow Puerto Rico's distressed public agencies to access Chapter 9 bankruptcy laws has drawn several Democratic co-sponsors but is not a partisan move, the U.S. commonwealth's representative in Congress said on Tuesday. Puerto Rico's representative in Congress, Pedro Pierluisi, introduced the bill- to allow public agencies and...

  • *American Apparel bets on financial, fashion turnaround. CHICAGO, Oct 6- American Apparel Inc plans to revamp its struggling fashion business under a restructuring plan that would give ownership to the Standard General hedge fund, which rescued RadioShack earlier this year, lawyers said at a hearing on Tuesday. American Apparel Inc, the country's largest "Made...

  • Oct 6- Advaxis Inc said the U.S. Food and Drug Administration has put on hold the mid-stage trials of its experimental cancer drug after a patient died, sending its shares down 27 percent in extended trading. The clinical hold on the drug, axalimogene filolisbac, was issued after Advaxis submitted a safety report to the FDA, the company said on Tuesday.

  • Oct 6- Yum Brands Inc said on Tuesday sales at established restaurants in its top market of China rose far less than expected for the third quarter, sending its shares down more than 17 percent in extended trading. China is Yum's biggest market for profit and sales, and its challenges there appear to be changing from reputational to economic.

  • Oct 6- Adobe Systems Inc forecast 2016 revenue and profit below estimates, sending its shares down 8 percent in extended trading. The Photoshop maker said it expects full-year revenue of about $5.7 billion and an adjusted profit of $2.70 per share. Analysts on average were expecting revenue of $5.93 billion and earnings of $3.19 per share, according to Thomson...

  • Oct 6- Nu Skin Enterprises Inc, a maker of skin care products, cut its revenue estimate for the third quarter, blaming a strong dollar and low sales of its cosmetic oils in China. The company estimated current-quarter revenue at between $570 and $573 million and said the strong dollar is expected to lower full-year revenue by $60 million. Nu Skin's shares were down...

  • TREASURIES-U.S. bond prices rise on growth worries Tuesday, 6 Oct 2015 | 4:38 PM ET

    *Treasury sells $24 billion in 3- year note auction. The Treasury Department will sell $21 billion in 10- year notes on Wednesday and $13 billion in 30- year bonds on Thursday. An earlier bout of selling had pushed yields higher but they later fell as prices rose after International Monetary Fund downgraded its forecast on global growth for the second time this...

  • LIMA, Oct 6- The International Monetary Fund cut its global growth forecasts for a second time this year on Tuesday, citing weak commodity prices and a slowdown in China and warned that policies aimed at increasing demand were needed. Among major economies, the United States is expected to grow by 2.6 percent in 2015 and by 2.8 percent in 2016, the Eurozone is...

  • *IMF cuts global growth view for second time. *Pfizer, Merck drag down S&P health index. Oct 6- U.S. stocks fell on Tuesday, ending a five-day winning streak, as investors focused on upcoming quarterly reports that are expected to reflect a dip in corporate earnings.

  • ACKMAN SAYS HUGE AMOUNT OF MONEY MOVING WITHOUT REGARD TO LONG-TERM FUNDAMENTALS, DRIVING CURRENT MARKET VOLATILITY.

  • ACKMAN SAYS WILL' PROBABLY NOT' TAKE A POSITION IN GENERAL ELECTRIC CO, STOCK NOT CHEAP ENOUGH.

  • Oct 6- Yum Brands Inc on Tuesday said sales at established restaurants in China rose far less than expected for the third quarter, sending shares down nearly 17 percent in extended trading. Sales at China KFC and Pizza Hut restaurants open at least one year rose 2 percent, less than the 9.6 percent jump analysts had expected, according to research firm Consensus...

  • ACKMAN SAYS HAS NOT ADDED TO POSITION IN VALEANT BUT COMPANY IS MOST UNDERVALUED STOCK IN PORTFOLIO.