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  • NEW YORK, Oct 3- A positive vibe returned to the U.S. stock market Friday, leaving some to wonder if, after two weeks of losses, the latest selloff scare was over. The most recent decline in the S&P 500 marks the third time in six months that the market has looked wobbly and threatened a significant reversal. The spread has since widened by more than 100 basis points,...

  • WASHINGTON, Oct 3- Insurer MetLife said on Friday it would fight a plan by the U.S. risk council to designate it as a firm whose demise could risk global finance, a tag that brings far greater regulatory scrutiny. The company had asked the Financial Stability Oversight Council to call a meeting at which it could give written and oral evidence of why it disagreed with...

  • WASHINGTON, Oct 3- The U.S. Federal Communications Commission said on Friday it paused its "shot-clock" on the review of the proposed $45 billion merger between the two largest U.S. cable providers, Comcast Corp and Time Warner Cable Inc.. The FCC, which will determine whether the deal is in the public interest, said it is stopping its informal 180- day clock to review...

  • Oct 3- American Airlines Group plans to replace jets from its regional unit Envoy Air Inc out of Miami with larger ones from a Republic Airways Inc unit, leading to about 50 job cuts at Envoy. Envoy will roll back its Miami flights to 37 daily departures from 60 starting Dec. 18, according to a letter that Envoy Chief Executive Officer Pedro Fábregas sent to...

  • SAO PAULO, Oct 2- Mergers and acquisitions in Brazil gained momentum in the third quarter despite rising economic and political risks, as foreign companies and private-equity firms scoured for takeover targets, hoping to tap the country's long-term potential. Companies announced $23.26 billion worth of deals in Brazil between July 1 and Sept. 30, up 76 percent...

  • BOSTON, Oct 3- Two U.S. states are investigating the theft of 83 million customer records from JPMorgan Chase& Co in a massive cyberattack uncovered over the summer, and more may soon join, Reuters learned on Friday. Special Assistant Attorney General William Brauch, director of the Iowa Department of Justice's Consumer Protection Division, told Reuters that...

  • BOSTON/ NEW YORK, Oct 3- Investors hope the Bond King can remake himself as a team player. Bill Gross last week abruptly left Newport Beach, California- based Pimco, the firm he built into a bond giant, to join Janus Capital Group, a small Denver firm that touts on its website how its friendly, team-oriented culture creates "strong collaborators." Kevin Mahn, who helps...

  • NEW YORK, Oct 3- The S&P 500 posted its best day since August on Friday following a stronger-than-expected September U.S. jobs report that bolstered the outlook for the U.S. economy. Despite the rally, however, major indexes ended down for the week, with the first diagnosis of Ebola in a patient in the United States and protests in Hong Kong among the main catalysts...

  • NEW YORK, Oct 3- The S&P 500 posted its best day since August on Friday following a stronger-than-expected September U.S. jobs report that bolstered the outlook for the U.S. economy. Despite the rally, however, major indexes ended down for the week, with the first diagnosis of Ebola in a patient in the United States and protests in Hong Kong among the main catalysts...

  • HAVANA, Oct 3- Dinners at fancy restaurants, week-long family vacations and a flat-screen TV: the bribes that Cuba accused Canadian businessman Cy Tokmakjian of giving Cuban officials were modest by corruption standards in many developing nations. Tokmakjian's company, the privately held Concord, Ontario- based Tokmakjian Group, says prosecutors failed to...

  • The investigation revealed that Marriott employees had disabled wi-fi networks established by consumers in the conference facilities, "while at the same time charging consumers, small businesses, and exhibitors as much as $1,000 per device to access Marriott's Wi-Fi network," the FCC said in a statement. The interference and disabling of wi-fi networks was...

  • Oct 3- A top enforcement official is leaving Wall Street's industry-funded watchdog to join a private law firm, a spokesman for the firm said on Friday. Emily Gordy, the Financial Industry Regulatory Authority's senior vice president of enforcement will join Shulman Rogers Gandal Pordy& Ecker, P.A in Potomac, Maryland, on Monday, Oct. 6 to head the firm's Financial...

  • NEW YORK, Oct 3- The S&P 500 posted its best day since August on Friday following a stronger-than-expected September U.S. jobs report that bolstered the outlook for the U.S. economy.

  • BOSTON, Oct 3- Two U.S. states are investigating the theft of 83 million customer records from JPMorgan Chase& Co in a massive cyberattack uncovered over the summer and more may soon join, Reuters learned on Friday. Special Assistant Attorney General William Brauch, director of the Iowa Department of Justice's Consumer Protection Division, told Reuters that...

  • Yahoo plans to invest in Snapchat - WSJ Friday, 3 Oct 2014 | 3:41 PM ET

    Oct 3- Yahoo Inc plans to invest a part of the proceeds from the Alibaba Group Holding Ltd stake sale in mobile app Snapchat, which lets users send messages that disappear after a few seconds, the Wall Street Journal said. Yahoo and Snapchat held talks that are expected to lead to an investment in the mobile-messaging startup's next funding round, the Journal said,...

  • *U.S. economy creates 248,000 jobs in September. NEW YORK, Oct 3- The dollar climbed to a more than four-year peak on Friday after a report showing the U.S. economy created more jobs than expected last month, which suggested that the U.S. recovery was on a stable path. Data from the Labor Department on Friday showed U.S. non-farm payrolls rose 248,000 last month and the...

  • The biggest percentage gains were in airline shares, including JetBlue Airways, up 4.7 percent; Delta Air Lines, up 4.6 percent; and United Airlines, up 4.8 percent. United Airlines said on Wednesday it believed the U.S. Ebola patient flew on its airline from Brussels to Dallas-Fort Worth via Washington on Sept. 20, based on information provided to the airline by...

  • NEW YORK, Oct 3- Global crude oil prices extended a months-long rout into bear market territory on Friday, with Brent notching a new 27- month low as the dollar spiked following upbeat U.S. employment data and further signs of undiminished crude supply. Brent for November delivery fell by $1.11 to settle at $92.31, after earlier touching $91.48 a barrel, its lowest...

  • NEW YORK, Oct 3- Bank of America Corps's Merrill Lynch cancelled what had been a traditional national leadership meeting last week and will instead hold smaller, regional gatherings. A Merrill Lynch spokeswoman said the decision to scrap the conference was based on new approaches to training, not cutting costs. Bank of America's Global Wealth and Investment...

  • *Gold nears most oversold level since June 2013. *Platinum on Friday hit lowest since Sept 2009. NEW YORK/ LONDON, Oct 3- Gold fell 1.8 percent on Friday, dropping below $1,200 an ounce for the first time this year, as the dollar surged after strong U.S. jobs data bolstered bets that the Federal Reserve will raise interest rates next year.