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  • Medicare program's payment rate for hospital outpatient services will increase 2.3 percent in calendar year 2015, while the rate for ambulatory surgical services will rise 1.4 percent, the federal government announced on Friday. The Medicare health insurance program for the elderly and disabled will also begin to pay doctors a monthly fee to coordinate...

  • Oct 31- Corporate America's love affair with China has cooled for lots of reasons, from the slowdown in the Chinese economy to the flurry of crack-downs targeting Western multinationals. A lawsuit filed in federal court in Arkansas presents another example of why U.S. companies may reconsider plans to move production to China: getting out of the country could...

  • Jefferies CEO, chairman take drug tests Friday, 31 Oct 2014 | 5:30 PM ET

    Oct 31- Jefferies Group LLC said on Friday Chief Executive Rich Handler, Chairman Brian Friedman and executives at its healthcare division were tested negative for drug usage, after one of its investment banking head was accused of drug abuse. Sources told Reuters on Thursday that Sage Kelly, the head of Jefferies' healthcare investment banking group, is taking...

  • Ad tech firm Simulmedia ties TV spots to purchases Friday, 31 Oct 2014 | 5:14 PM ET

    NEW YORK, Oct 31- Advertising company Simulmedia said it can now tie TV commercials to purchases by using data from set-top boxes to help marketers reach specific, more defined audiences. "There is a tremendous appetite in the industry to make your TV advertising smarter and data is a part of that," said Melissa Keller, executive vice president integrated...

  • Morgan Stanley board member Griffith Sexton retires Friday, 31 Oct 2014 | 5:14 PM ET

    Oct 31- Morgan Stanley said Griffith Sexton, a director since 2005, retired from its board. Sexton was an investment banker at Morgan Stanley from 1973 to 1995, after which he taught at Columbia Business School and Princeton University as a visiting lecturer. He was also an advisory director at Morgan Stanley from May 1995 to September 2008.

  • NEW YORK, Oct 31- U.S. authorities have opened a criminal probe of American Realty Capital Properties in the wake of the real estate investment trust's disclosure that it had uncovered accounting problems, two sources familiar with the matter said on Friday. American Realty Capital Properties said on Wednesday it would have to restate earnings after it...

  • FBI, PROSECUTORS OPEN CRIMINAL PROBE OF AMERICAN REALTY CAPITAL PROPERTIES IN WAKE OF ACCOUNTING SCANDAL-SOURCES.

  • Oct 31- Construction equipment company Caterpillar Inc on Friday said the U.S. Securities and Exchange Commission is investigating how it accounted for its July 2011 purchase of Bucyrus International Inc.. In its quarterly report, Caterpillar said the Sept. 10 subpoena from the SEC seeks information about its accounting for goodwill relating to the $7.6...

  • Kimberly-Clark announced the spin-off last November, saying it would focus on its core business of diapers and Kleenex tissues. Existing Kimberly-Clark shareholders will be able to exchange eight shares of the company for one share of Halyard. The healthcare business was Kimberly-Clark's smallest, with sales of $1.7 billion in 2013..

  • NEW YORK, Oct 31- The Dow and S&P 500 ended at record highs on Friday and indexes posted strong gains for a second week after the Bank of Japan's surprise move to ramp up its stimulus program. Shares of Exxon Mobil, up 2.4 percent at $96.71, and Chevron, up 2.3 percent at $1119.95, were among the biggest positives on the Dow and S&P 500 after they reported results.

  • NEW YORK/ LONDON, Oct 31- Gold and silver sank to their lowest since 2010 on Friday as the dollar surged against the yen and other major currencies after the Bank of Japan shocked global financial markets by expanding its massive stimulus spending. The yen plunged to a near seven-year low against the U.S. dollar on Friday, putting it on track for its worst day in 18...

  • NEW YORK, Oct 31- Insurer American International Group will pay a $35 million penalty for violations related to former subsidiaries that solicited insurance business in New York without a license, the New York State Department of Financial Services said on Friday. In March, MetLife paid a $50 million fine to the department and $10 million to the Manhattan...

  • NEW YORK, Oct 31- The Dow and S&P 500 ended at record highs on Friday and indexes posted strong gains for a second week after the Bank of Japan's surprise move to ramp up its stimulus program. The Dow Jones industrial average rose 191.95 points, or 1.12 percent, to 17,387.37, the S&P 500 gained 23.03 points, or 1.15 percent, to 2,017.68 and the Nasdaq Composite added...

  • NEW YORK, Oct 31- Insurer American International Group will pay a $35 million penalty for violations related to former subsidiaries that solicited insurance business in New York without a license, the New York State Department of Financial Services said on Friday. In March, MetLife paid a $50 million fine to the department and $10 million to the Manhattan...

  • OBAMA TO MEET WITH FEDERAL RESERVE CHAIR ON MONDAY, WHITE HOUSE SAYS.

  • CO-PILOT KILLED, PILOT EJECTED AND SUFFERED MODERATE TO MAJOR INJURIES IN VIRGIN GALACTIC CRASH- KERN COUNTY SHERIFF'S SPOKESMAN.

  • FACTBOX-GMO crops have fans, critics Friday, 31 Oct 2014 | 3:32 PM ET

    China has recently slowed its process for allowing imports of certain types of GMO corn and rejected millions of dollars worth of U.S. corn shipments. *GMO crop developers and other backers say many scientific studies show the crops are safe, and the USDA promotes the crops as a means to enhancing global food security. The last import approval for a GMO grain was...

  • INSIGHT-U.S. jockeys with China over GMO crop issues Friday, 31 Oct 2014 | 3:32 PM ET

    Oct 31- With U.S. approval for Dow AgroSciences' package of chemicals and new genetically engineered crops now in hand, the Dow Chemical Co unit faces a major obstacle to a $1 billion market opportunity: Chinese import barriers. China for the last year has been rejecting U.S. corn shipments containing traces of a type of GMO corn developed by Syngenta AG.

  • U.S. investors appear less concerned with whether Republicans take control of the Senate, as expected, or Democrats hang on to their majority by a slim margin. "If we have a really uncertain situation, where the Senate is divided and candidates are threatening recounts, that's really not good," said Robbert van Batenburg, director of market strategy at Newedge USA...

  • *U.S. wages in Q3 post largest rise in six years. NEW YORK, Oct 31- U.S. "In the long run, we think rates are way too low," said Hugh Lamle, president of M.D. Sass in New York.