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  • Nov 1- Newmont Mining Corp, the world's second-largest gold producer, reported a 26 percent drop in quarterly profit as production at its giant Indonesian copper and gold mine plummeted and costs rose. Lower ore grades at its Tanami mine in Australia and the Ahafo mine in Africa also weighed on production, Newmont said.

  • FDA says findings reinforce contamination concerns. The Food and Drug Administration said it identified different types of bacteria in three separate recalled batches of NECC's preservative-free betamethasone and in a single batch of NECC-supplied cardioplegia solution.

  • Reuters World News Highlights 2205 GMT Nov 1 Thursday, 1 Nov 2012 | 10:05 PM ET

    GREEN BAY, Wisconsin- President Barack Obama and Republican Mitt Romney were back on the attack on Thursday, breaking a storm-induced campaign truce to hit the road and pound home their closing messages in the final stretch of a tight battle for the White House.

  • NEW YORK, Nov 1- New Jersey Natural Gas o n T hursday shut down part of its pipeline system that serves the state's barrier islands, one of the areas most damaged by Hurricane Sandy's high winds and storm surge. ``Literally digging through rubble, we have found some of our exposed, broken pipes with flare-ups on the ends of them,'' said Micah Rasmussen, a spokesman.

  • WELLESLEY, Mass., Nov 1- The Federal Reserve should buy bonds at least until the U.S. jobless rate falls below 7.25 percent, a top Fed official said on Thursday, pitching a plan that would set the clearest end point so far for the central bank's quantitative easing program.

  • WASHINGTON, Nov 1- U.S. companies added jobs in October at the fastest pace in eight months, a sign of modest healing in the labor market just days before a presidential election that could hinge on the economy. Private employers added 158,000 workers last month, the biggest gain since February, payrolls processor Automatic Data Processing said.

  • *Whole Foods dropped Hershey artisan brand. The lawsuit by the Louisiana Municipal Police Employees' Retirement System, a Hershey shareholder, seeks documents which could determine if the candymaker knew its suppliers in Ghana and Ivory Coast used child labor.

  • *Joe Hinrichs moves to head of the Americas. Nov 1- Ford Motor Co said Alan Mulally has agreed to stay on as chief executive for at least two more years, giving the No. 2 U.S. automaker more time to gauge potential successors-- or keep Mulally on longer if needed.

  • Chrysler exec has rough words for Trump Thursday, 1 Nov 2012 | 9:49 PM ET

    Jeep production to China, which the automaker refutes. Ralph Gilles, the head of product design for Chrysler, became the second top Chrysler executive in three days to strongly deny the claim, which was first made by Republican presidential candidate Mitt Romney last week to a crowd in Ohio.

  • WASHINGTON, Nov 1- A U.S. government agency has withdrawn a report that challenged Republican ideas about taxes and economic growth- an action that drew fire from Democrats who accused it on Thursday of bowing to political pressure.

  • DETROIT, Nov 1- Superstorm Sandy's fury caused U.S. auto sales to fall short of expectations in October, but industry executives still see a strong fourth quarter as the housing market improves.

  • Nov 1- Less than 40 percent of all the filling stations in New York City, Long Island and New Jersey were operating on Thursday as a combination of power outages and constricted fuel supplies in the aftermath of Hurricane Sandy sparked a frenzied tri-state search for fuel.

  • LIMA, Nov 1- Peru, South America's fastest-growing economy, might prepay billions of dollars in expensive foreign debt to stem the appreciation of the local currency caused by capital inflows, the country's finance minister said on Thursday.

  • NEW YORK, Nov 1- Nearly 1,200 retailers said on Thursday they will urge a federal judge to reject a proposed $7.2 billion settlement between merchants and Visa Inc and Mastercard Inc over credit card fees, calling it an ``unacceptable'' proposal that would strip away stores' legal rights.

  • WASHINGTON, Nov 1- The World Bank said on Thursday it had earmarked $245 million in credit lines and grants for Myanmar under an 18- month work plan that will focus on budget, regulatory and private sector reforms.

  • Ford Motor Co of Canada remained Canada's top-selling automaker in October with total sales increasing 7 percent. Having recorded sales of 135,000 in October, Canada is on track to reach 1.7 million units sold in 2012. Sales reached more than 1.7 million vehicles only once before, in 2002..

  • *Bair renews backing for ideas like ending $1 per share. *Fund firms seek compromise for oversight of $2.5 trillion industry.

  • Newmont Mining profit drops on higher costs Thursday, 1 Nov 2012 | 9:26 PM ET

    Nov 1- Newmont Mining Corp, the world's second-largest gold producer, reported a 26 percent drop in quarterly profit as production at its Indonesian mine fell and operating costs rose. Profit fell to $367 million, or 74 per share, in the third quarter, from $493 million, or 98 cents per share, a year earlier.

  • Nov 1- New York's Metropolitan Transportation Authority does not expect to need to borrow to pay for cleanup and repairs arising from superstorm Sandy, the chief financial officer of the largest U.S. transport agency said on Thursday.

  • NEW YORK, Nov 1- Brent crude prices fell on Thursday on returning North Sea supply and euro-zone concerns, while U.S. gasoline edged higher as support from supply disruptions after super storm Sandy countered any pressure from data showing rising inventories.