KALAMAZOO, Mich.-- Western Michigan University's new medical school will be named after the founder of the medical technology company Stryker Corp., officials announced Tuesday. The Western Michigan University Homer Stryker M.D. School of Medicine will be housed at the W.E. Fred Upton, R- St. Joseph, said in a statement.» Read More
SINGAPORE, Oct 16- London copper prices were little changed on Wednesday as the market waited to see if U.S. lawmakers could hammer out a last-minute fiscal deal before the U.S. government's authority to borrow lapses on Thursday. The latest word from Washington was that a deal between Senate leaders was not imminent, although lawmakers said agreement was close.
The deal, worth $9.5 billion at list prices, was a major blow for Boeing, which holds more than 80 percent of Japan's commercial-aviation market and has been intertwined with U.S-Japan diplomatic relations since shortly after World War Two.
TOKYO, Oct 16- JGB prices ended the morning session on Wednesday steady to modestly higher, with domestic real money accounts largely sidelined as investors took a wait-and-see stance amid continuing concerns over the U.S. debt deal. The Ministry of Finance offered 2.7 trillion yen in its monthly 5- year JGB auction.
*Gold steady after early losses in Asian hours. *Premiums in India, China rise as demand picks ups. SINGAPORE, Oct 16- Gold steadied on Wednesday after falling early in Asian hours, with U.S. lawmakers scrambling to come up with a bipartisan agreement to increase the federal debt ceiling before a Thursday deadline.
TOKYO, Oct 16- Japanese stocks turned lower in choppy trade on Wednesday morning, as investors nervously watched developments in Washington for a deal to avert a U.S debt default ahead of Thursday's deadline. Among the stocks on the back foot, Japan Tobacco Inc fell 3.1 percent and Panasonic Corp dropped 1.5 percent.
The dollar pared some of its gains against the yen in Asia on Wednesday after aides said U.S. Senate leaders will not announce a deal on Tuesday on a bill to raise the debt ceiling.
WASHINGTON, Oct 15- U.S. Senate leaders are continuing to negotiate on legislation to raise the nation's borrowing authority and provide temporary government funding but a deal is not expected to be announced on Tuesday, Senate aides said.
Oct 15- JPMorgan Chase& Co has reached an agreement with the Commodity Futures Trading Commission to pay $100 million to settle charges related to the bank's "London Whale" trading scandal, according to media reports.
TOKYO, Oct 16- Japanese government bond prices were largely steady on Wednesday, ahead of an auction of 2.7 trillion yen of five-year debt later in the day. The Ministry of Finance was to sell the five-year JGBs with a coupon rate of 0.2 percent.
Oct 15- Canada's SNC-Lavalin Group Ltd slashed its full-year profit forecast after it took a nearly C $75 million charge due to previously signed contracts in North Africa and in the hospital and road sectors that turned unprofitable.
NEW YORK, Oct 15- U.S. hedge funds fighting Argentina for repayment on defaulted debt asked a U.S. appeals court on Tuesday to lift its hold on a ruling that ordered Argentina to repay the holders.
Oct 16- The following is a list of gas-fired power generation units that Japan's regional electricity utilities plan to start commercially operating in the coming years.
TOKYO/ PERTH, Oct 16- Japan plans to start up 14 new gas and coal-fired power plants by the end of 2014, allowing a switch away from pricey oil, as Tokyo struggles with a shutdown of nuclear reactors and energy imports drive a record trade deficit. They will also give Japan a bigger buffer to prevent future power outages when generation plants go offline.
SHANGHAI, Oct 16- China's yuan traded at 6.0997 per dollar on Wednesday morning, setting a new record against the dollar for the third consecutive day, and also broke through the psychologically important resistance level of 6.1 per dollar. The currency continued to rise and was trading at 6.0979 several minutes later, a new record.
Oct 15- Plains GP Holdings LP, the general partner of Plains All American Pipeline LP, priced its initial public offering at $22 per share to raise $2.82 billion, making it the largest U.S. The offering is the largest IPO on the U.S. markets in 2013, topping Pfizer Inc's animal health unit Zoetis Inc's $2.24 billion offering in February.
Boeing said the loss of the fuselage panel posed no safety risk to passengers. Boeing said the missing panel fell from the underside of the plane on the right side. He said Boeing is working to understand what caused the panel to fall and declined to say whether the plane was made at Boeing's South Carolina factory.
The Treasury notes, worth an aggregate of $773.3 billion, either mature or are due an interest payment of about $6 billion on Oct. 31.
WASHINGTON, Oct 15- President Barack Obama said on Tuesday that stalled immigration reform would be a top priority once the fiscal crisis has been resolved.
SINGAPORE, Oct 16- London copper prices held firm in a tight band on Wednesday on hopes United States lawmakers can hammer out a last minute deal before the U.S. government's authority to borrow money lapses on Thursday. *The most-traded January copper contract on the Shanghai Futures Exchange climbed 0.15 percent to 52,260 yuan a tonne.
*Deal for stake would be worth more than $1 billion- Nikkei. TOKYO, Oct 16- SoftBank Corp is in talks to buy a stake in U.S. wireless device distributor Brightstar Corp that media reported could be worth more than $1 billion and boost its bargaining power with hardware suppliers.