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  • Oct 2- Facebook Inc plans a stricter review of requests to access information on its 1.32 billion active users after a psychological experiment on unwitting users in 2012 created a furor on social media. There will be a stricter review of requests for research, for internal work or academic purposes, that deals with personal content or specific groups of people,...

  • Oct 2- A lawyer who represents about a dozen female celebrities whose private photos were posted online by hackers has threatened to sue Google Inc for failing to take the photos off its websites, according to the New York Post. Martin Singer, an entertainment industry lawyer, said in a letter on Wednesday that Google "is making millions and profiting from the...

  • NEW YORK/ LONDON, Oct 2- Gold prices slipped on Thursday, pressured by steadily falling crude oil prices and an encouraging U.S. economic outlook, but geopolitical concerns provided some support, traders said. Meanwhile, pro-democracy rallies in Hong Kong underpinned gold prices. Investors worried that unrest in the special administrative region could...

  • BRAMPTON, Ontario, Oct 2- Canada's budget deficit for the 2013/ 14 fiscal year is likely to be C $5.2 billion, rather than the C $16.6 billion forecast in February, Prime Minister Stephen Harper said on Thursday. He said Canada would run a small deficit in the 2014/ 15 fiscal year before returning to surplus in 2015/ 16.. Harper's Conservatives, who face an election in...

  • NEW YORK, Oct 2- Brent oil fell for the third straight session on Thursday to its lowest level since June 2012, continuing a three-month rout as a global supply glut and concerns about demand persisted, while U.S. oil inched higher. But overall the sentiment remained bearish as supply from key producing regions including the United States and Middle East remained...

  • NEW YORK, Oct 2- U.S. stocks edged higher in late afternoon trading on Thursday, rebounding with small caps after this week's sharp losses. Consequently, a lot of traders are sitting off to the sidelines, "said Mark Grant, managing director at Southwest Securities in Fort Lauderdale. The largest percentage gainer on the New York Stock Exchange was Wayfair, rising...

  • NEW YORK, Oct 2- Stocks worldwide were lower on Thursday after European Central Bank President Mario Draghi failed to provide jittery markets with a specific stimulus program for the euro zone's flagging recovery, while U.S. markets steadied after a recent sell-off. But on Wall Street, the S&P 500 managed to turn modestly higher after falling to its lowest level...

  • DETROIT, Oct 2- Without a series of settlements, Detroit would be facing years of costly litigation from creditors and others that the city had no guarantee of winning, Kevyn Orr, Detroit's emergency manager, said on Thursday. Orr was appointed by Michigan's governor in March 2013 to salvage Detroit's finances and is considered the key witness in the city's...

  • TREASURIES-Yields rise ahead of Friday U.S. jobs data Thursday, 2 Oct 2014 | 2:48 PM ET

    *Hong Kong, Ebola concerns cap bond weakness. Treasuries posted their best day since last September 2013 on Wednesday as U.S. bond yields were dragged down by rallying German government debt, weak manufacturing data in Europe and Asia and concerns over how quickly the Ebola virus may spread. "Yesterday there was pretty strong short covering, a lot of people want to...

  • NEW YORK, Oct 2- Pacific Investment Management Co had $25.5 billion of net outflows across all of its U.S. open-ended funds in September, the bulk of them from of its flagship fund, according to Morningstar data on Thursday. Morningstar estimated net outflow for the flagship Pimco Total Return Fund of $17.9 billion in September, compared with the Newport Beach,...

  • *ECB's Draghi give no hint of imminent QE. NEW YORK, Oct 2- The euro gained against the dollar on Thursday for the first time in eight days after European Central Bank President Mario Draghi gave no indication of an imminent stimulus program through the purchase of sovereign bonds. "The euro rose not because of what Draghi said, but what he didn't say," said Omer Esiner,...

  • TORONTO, Oct 2- With his push to turn around Canadian Pacific Railway Ltd ahead of schedule, Chief Executive Hunter Harrison has his eye on another challenge: the logistics nightmare that is Chicago. CP has offered to buy, lease or at least operate the small switching lines that knit together North America's major railways at Chicago, Harrison said in an interview...

  • LOS ANGELES, Oct 2- The Walt Disney Co extended Chairman and Chief Executive Bob Iger's contract by two years through June 2018, the media company said on Thursday. The company did not announce a successor for Iger. He had previously announced plans to step down as CEO in April 2015 but later agreed to stay in that role through June 2016.

  • HOUSTON, Oct 2- Exxon Mobil Corp has seen some of its oil and gas activities in West Africa disrupted by the Ebola outbreak, including plans to drill offshore Liberia, the company's chief executive officer said on Thursday. "We had some drilling plans for some blocks offshore West Africa in Liberia," CEO Rex Tillerson told a news conference to announce $18 million in...

  • Oct 2- JPMorgan Chase& Co denied a report in the New York Times on Thursday that its computer system had been breached for the second time in about three months. We are not aware of any new attack, " JPMorgan spokeswoman Patricia Wexler said in an email. The New York Times DealBook column, citing people with knowledge of the matter, had reported that the biggest U.S. bank...

  • CP RAIL CEO HUNTER HARRISON SAYS A SINGLE COMPANY COULD FOCUS ON IMPROVING CHICAGO: "WE COULD DO A BETTER JOB".

  • CANADIAN PACIFIC RAILWAY LTD HAS OFFERED TO BUY, LEASE OR OPERATE TWO SMALL SWITCHING RAILROADS IN CHICAGO AREA- CEO.

  • Oct 2- Constellation Brands Inc on Thursday said that it was expanding capacity at its brewery in Mexico to increase its share of the market for import beers in the United States. The company will acquire from Anheuser-Busch InBev. a glass production plant in Nava, Mexico for $300 million, pending approval from regulators. Last year, as part of ABInBev's...

  • NEW YORK, Oct 2- U.S.-traded shares of Argentine companies were sharply lower on Thursday after the government in Buenos Aires appointed a new central bank chief. Bank stocks were among the worst hit, with ADRs of Banco Macro down 6.1 percent and BBVA Banco Frances down 6.8 percent. Other Argentine stocks falling sharply on Wall Street included Petrobras...

  • Oct 2- Sears Holdings Corp is turning to its chief executive for cash for the second time in three weeks in a sign that its efforts to sell off assets are coming up short. The retailer announced Thursday that it would raise up to $380 million by lowering its stake in Sears Canada to 12 percent from 51 percent through a rights offering. The move comes after a year-long...