Latest Business News Wires - Business Headlines


  • Oct 28- When her law office offered flu shots in mid-October, Kelly Walsh, a paralegal in Boston, hesitated. Walsh didn't get vaccinated last year and didn't get sick.

  • Oct 29- The preliminary $13 billion deal set by JPMorgan Chase& Co CEO Jamie Dimon and U.S. The Department of Justice has sought a provision in the settlement that prohibits JPMorgan from seeking to push the WaMu liabilities from the settlement onto the FDIC.

  • SoftBank profit likely to soar 70 percent - Nikkei Tuesday, 29 Oct 2013 | 2:22 PM ET

    Oct 30- SoftBank Corp's group operating profit could shoot up more than 70 percent for the six months through September, driven by sales of iPhones and other smartphones, the Nikkei reported. SoftBank added 1.58 million subscribers in the period, up 5 percent, surpassing those of competitors such as KDDI Corp and NTT DoCoMo Inc, the daily reported.

  • *JetBlue deal marks 10, 000th order for A320-family aircraft. The wingtip devices are already available on newly sold A320-family jets and an upcoming version boasting new engines, due in late 2015, but Airbus is now matching Boeing in making them available on older models as an option.

  • WASHINGTON, Oct 29- The U.S. Justice Department is investigating the manipulation of foreign exchange rates, a top federal prosecutor said on Tuesday, in the first public acknowledgement of such a probe in the United States.

  • JPMorgan's $13 billion deal at risk of collapse -WSJ Tuesday, 29 Oct 2013 | 2:02 PM ET

    Oct 29- The preliminary $13 billion deal set by JPMorgan Chase& Co CEO Jamie Dimon and U.S. Attorney General Eric Holder is at risk of falling apart, the Wall Street Journal reported on its website on Tuesday.

  • Oct 29- U.S. coal miner Arch Coal Inc on Tuesday reported disappointing third-quarter results and cut its production outlook for steelmaking coal for the second time this year while rival CONSOL Energy Inc reported earnings that slightly topped estimates due to strict cost controls.

  • DETROIT, Oct 29- Detroit Emergency Manager Kevyn Orr said Tuesday he was "probably not" willing to accept an agreement to restructure the city's debt without including cuts to pension benefits before the city filed for bankruptcy in July.

  • *Brent dips, holds near $109 as Libyan output stays low. NEW YORK, Oct 29- The S&P 500 hit a record on Tuesday to lead global equities higher ahead of a Federal Reserve meeting on the future of the U.S. stimulus program, while the euro hit a one-week low.

  • LONDON, Oct 29- Aluminium fell on Tuesday as the fund-buying and short-covering that drove it to a two-month high dried up, while copper steadied on bets the U.S. central bank will delay tapering its monetary stimulus programme.

  • Oct 29- Thomson Reuters Corp said on Tuesday that new sales of its financial terminals outpaced cancellations in the third quarter for the first time since 2011, and it announced 3,000 job cuts to reduce costs. Thomson Reuters also announced a $1 billion share buyback program.

  • Oct 29- Nasdaq OMX said on Tuesday that options trading had resumed in a number of widely followed indexes after a halt where the exchange failed to disseminate value for the Nasdaq 100..

  • *Says weakness in mining and India main culprits. The Columbus, Indiana- based company said sales of all its products had also contracted sharply in India in the most recent quarter as a result of declining business confidence and manufacturing activity there.

  • Google+ now has 300 million active users Tuesday, 29 Oct 2013 | 1:34 PM ET

    MOUNTAIN VIEW, Calif., Oct 29- Google Inc's fledgling social network, Google+, has now signed up 300 million active users who participate in its main news page or feed, up from 190 million just six months ago, the company said on Tuesday.

  • *Infosys says in process of resolving visa investigation. BANGALORE, Oct 29- Indian IT firm Infosys Ltd said on Tuesday it was in the process of reaching a settlement with the U.S. government over the company's alleged misuse of temporary business visas.

  • Oct 29- Sporting goods maker Adidas AG has signed a pact to promote the safety of garment workers in Bangladesh, picking a European-led initiative over a rival U.S. drive, it said on Tuesday.

  • WASHINGTON, Oct 29- A gauge of U.S. consumer spending rose in September as Americans likely snapped up Apple's new iPhone and bought leisure goods, but falling car sales pointed to sluggish economic growth.

  • Oct 29- Nasdaq OMX said on Tuesday that options trading had resumed in a number of widely followed indexes after a halt.

  • U.N. urges end of U.S. embargo on Cuba for 22nd year Tuesday, 29 Oct 2013 | 1:07 PM ET

    UNITED NATIONS, Oct 29- The U.N. General Assembly on Tuesday overwhelmingly voted for the 22nd time to condemn the U.S. economic embargo against Cuba, whose foreign minister said the more than 5- decade-old blockade was barbaric and amounted to genocide.

  • NEW YORK, Oct 29- A U.S. judge on Tuesday refused to allow shareholders suing Deutsche Bank AG for misrepresenting the risks of packaging mortgages into complex financial products to proceed as a group. District Judge Katherine Forrest in New York denied a motion by the lead plaintiffs to certify a class of investors in a lawsuit against the German bank.

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